Economic and Energy Policy Decisions Face Growing Scrutiny
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The US economy faces major threats from poor policy decisions and a costly climate agenda that could lead to a recession. States like California face massive deficits.
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The war in Ukraine has become a stalemate, yet the US and EU continue spending billions without an exit plan. Sanctions have failed to cripple Russia's economy.
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The EPA and SEC are imposing harsh regulations that will raise costs for companies, consumers, and investors without clear benefits.
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ESG investing has been a failure, leading to huge losses compared to fossil fuel investments. The EV revolution is still many years away.
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New oil and gas spending is falling worldwide despite high cash flows, indicating tight future supply. Gold, silver, uranium and bitcoin offer opportunities.