Larry Lindsey

Banks have started to tighten credit due to the Federal Reserve’s interest rate hikes, which represent a deliberate strategy to temper economic growth and reduce inflation. According to the most recent Senior Loan Officer Opinion Survey, a majority of banks reported that they had tightened lending standards for larger and medium-sized businesses in the past

Sep 5

China is currently experiencing record high youth unemployment and a decrease in economic growth. Japan faced similar issues in 1989 when deflation and over-investment caused their stock market to collapse. Straight Arrow News contributor Larry Lindsey suggests that China could end up mirroring Japan’s crash. But he believes that China might be hit harder due

Aug 28

The BRICS summit is scheduled to take place Aug. 22-24 in Johannesburg, South Africa with member nations Brazil, Russia, India, China and South Africa. Together, these nations account for 16 percent of international trade, a substantial portion of which is conducted in U.S. dollars. These countries want to decrease their dependence on the dominant U.S.

Aug 21

Is the Ukraine war also a public relations war? The U.S. has sometimes promoted the idea that Putin’s power may be weakening. First, rumors that Putin had cancer began circulating. Then there was the Wagner Group’s short-lived rebellion against Russia’s military leadership. Putin, on the other hand, is pushing the argument that the West is

Jul 31

Inflation fell to its lowest annual rate in more than two years during June. The consumer price index, which tracks inflation across multiple sectors, increased 0.2% in June on a monthly basis and was up 3% from a year ago, which is the lowest level since March 2021. So is it time for the Fed to

Jul 24

Recent riots in France were sparked by a tragic incident on June 27. During a routine traffic stop in a Parisian suburb, a 17-year-old of Algerian-Moroccan descent was fatally shot by a police officer. These events are reminiscent of similar occurrences in the United States, where tensions between law enforcement and marginalized communities have also

Jul 17

On June 29, the Supreme Court ruled that Harvard’s admission system discriminates against Asian American students, but the Supreme Court didn’t remove race from the application process. Instead, the Court added that applicants still have the freedom to “discuss how race affected his or her life, whether through discrimination, inspiration, or otherwise.” Straight Arrow News

Jul 10

China’s economic troubles aren’t going away anytime soon and there’s plenty of blame to go around. The rebound in consumer demand that many expected after COVID restrictions were lifted hasn’t materialized. Its aging population isn’t helping, and there are sluggish exports, record levels of youth unemployment and massive government debts. Straight Arrow News contributor Larry

Jul 3

U.S. Secretary of State Antony Blinken visited Beijing for a defense meeting with Chinese President Xi Jinping. Blinken is the highest-ranked official to visit China since President Joe Biden took office. Both sides agreed on the need to stabilize relations between China and the U.S. and discussed topics including military communication, human rights and the

Jun 26

Will former President Donald Trump’s 37-count federal indictment hurt his standing with Republican voters and their willingness to trust him again in the White House? Polls show that there’s little to no change in Trump’s standing in the GOP because Republican voters were not very surprised by the news. Straight Arrow News contributor Larry Lindsey

Jun 19

Could Yevgeny Prigozhin, leader of the notorious Wagner Group, be a potential successor to Vladimir Putin as Russian president? There is new speculation about Putin’s health after a recent photo revealed what appears to be a scar on his neck. Straight Arrow News contributor Larry Lindsey says the Wagner head replacing Putin as Russia’s next

Jun 5

Treasury Secretary Janet Yellen is keeping a close eye on the debt ceiling negotiations, but she’s also worried about the banking sector. After a May 18 meeting between Yellen and the CEOs of the largest U.S. banks, a Treasury spokesperson released a statement that reaffirmed the strength and soundness of the U.S. banking system. However, Yellen also

May 30

Donald Trump’s appearance on CNN for a live town hall inspired countless stories about the merits of giving the former president and 2024 GOP frontrunner air time. The network was raked over the coals by liberal politicians and viewers for hosting Trump. And while the event delivered a big bump in ratings for the network,

May 22

In March, Federal Reserve Chair Jerome Powell expressed concern that in the wake of banking sector turmoil, households and small businesses could experience a credit crunch. An April survey from the New York Fed suggests that this crunch has already begun. Whether it’s already happening or looming on the horizon, Straight Arrow News contributor Larry

May 15