Queens Jewish Link
Connecting the Queens Jewish Community I caught up with Leah, who had just spent the last few hours running from fridge to oven, and sink to...
New York is home to every nationality, political party, and special interest group - which is fine. People have a right to express their views and support them. Unfortunately, many people reject this idea. They think only their opinions matter, and they threaten anyone who disagrees.
High inflation has been in the news for a long time and will continue to be. Gasoline, food, and most recently oil are just a few of the many items whose prices have been rising sharply. This is concerning any time it happens, but especially so now. That’s because the Fed has raised interest rates 11 times since March 2022 to control inflation, and the statistics prove the medicine is not working. So now what? Is the government losing control of the economy? Do we have to worry about hyperinflation? Let’s hope not, because that would mean hard times are ahead for consumers, businesses, investors, and the world.
In 1789, Benjamin Franklin famously said that “in this world nothing is certain except death and taxes.” Franklin certainly got that right, but these days the idea needs to be updated and add the military industrial complex (MIC).
Years ago, economist/financial consultant Ira Cobleigh wrote a series of books called “Happiness Is A Stock That Doubles In A Year,” and each featured a few dozen companies priced under $5/share. The list usually included tiny oil and gas explorers, and some gold and silver miners, with a few computer and retail issues rounding out the list.
News of the horrible terrorist attack in Israel caught all of us off-guard, and understandably so. After all, we were in the midst of celebrating a holiday, only to be shocked by news of the brutal, ruthless events unfolding in Israel.
A few weeks ago we covered the then-upcoming summit of BRICS nations in South Africa. This was a history-making event because the five founding countries – Brazil, Russia, India, China, and South Africa – voted to expand the organization. Six additional nations would be admitted to the club: Saudi Arabia, Egypt, the UAE, Iran, Ethiopia, and Argentina. This development changed BRICS but more important it changed the world.
