Articles by Ryan Watkins, Op-Ed Contributor

Articles by Ryan Watkins, Op-Ed Contributor

Fed Chairman Powell Commits to Ongoing Interest Rate Hikes

Fed Chairman Powell Commits to Ongoing Interest Rate Hikes

December 2, 2022
16 view(s)
Fed Chairman Jerome Powell spoke on Fiscal and Monetary Policy about the economic outlook, inflation, and the labor market.
Congress to Intervene in Railroad Strike Negotiations

Congress to Intervene in Railroad Strike Negotiations

December 1, 2022
10 view(s)
President Biden released a statement calling on Congress to immediately pass legislation to adopt the Tentative Agreement between workers and operators.
Changes 401K Rules to  Favor Environmental, Social Funds

Biden Administration Changes 401K Rules to Favor Environmental, Social, and Governance Funds

November 30, 2022
121 view(s)
Fiduciaries can now use non-pecuniary factors to make investment decisions to support environmental and social objectives instead of financial outcomes.
Ghana Negotiates to Barter Oil for Gold

Ghana Negotiates to Barter Oil for Gold

November 28, 2022
129 view(s)
The West African nation Ghana has reached a tentative gold-for-oil barter agreement with Emirates National Oil Co.
China Conducted World’s Largest Cross-Border CBDC Test

China Conducted World’s Largest Cross-Border CBDC Test

November 22, 2022
422 view(s)
According to the Bank of International Settlement (BIS), China just finished a six-week cross-border CBDC test. The test was called Project mBridge.
From Zero to One: China Reports Covid Deaths

From Zero to One: China Reports Covid Deaths

November 22, 2022
46 view(s)
On Saturday, China reported its first Covid death in six months. On Sunday, China reported two more, totaling three for the weekend.
President Biden Asks Congress For $500M of Emergency Funding for Strategic Petroleum Reserve

President Biden Asks Congress For $500M of Emergency Funding for Strategic Petroleum Reserve

November 18, 2022
153 view(s)
Oilprice.com reported that President Biden asked Congress for $500 million to modernize the strategic petroleum reserve (SPR).
New York Fed Begins 12-Week CBDC Settlement Pilot Test

New York Fed Begins 12-Week CBDC Settlement Pilot Test

November 16, 2022
1033 view(s)
The Federal Reserve of New York announced the commencement of a 12-week pilot proof-of-concept CBDC called Regulated Liability Network (RLN).
Amazon Joins Long List of Massive Tech Layoffs

Amazon Joins Long List of Massive Tech Layoffs

November 15, 2022
78 view(s)
The Fed may be preparing to take a victory lap as people become unemployed. The intended purpose of raising interest rates is to destroy aggregate demand.