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In the middle of 2024’s first quarter, the Biden administration targeted Texas in retaliation to Gov. Greg Abbott’s stand on the border crises by asserting world environmental concerns.
We are midway through the fourth quarter of 2023, with the Biden administration continuing its quest to eliminate U.S. development of fossil-fuel resources.
The energy industry ends the first half of 2023 with a pullback in oil prices below $80/barrel, refueled by recession fears as credit conditions in the United States and many other economies tighten, and uncertainty over the pace of demand recovery in China.
As 2023 unfolds, the overall housing market is languishing at near lows. Home sales will be even lower this year than in 2022, with no improvement in sight.
Midway through 2023’s second quarter, the Federal Reserve’s Jerome Powell is set to raise the prime interest rate another 25 to 50 basis points in his relentless pursuit of throttling the rate of inflation.