Earlier this year I had a blog post on the government shutdown and modeled it as a modified game of chicken with ensuing predictions that suggested a short lived government shutdown, the Democrats caving in, and the Republicans having their way. If you missed it, that is an interesting post and you sure want to read it, as what follows below is closely related to that analysis. As of writing we are now at the one week mark of another government shutdown. President Trump has a

The Powell-led Federal Open Market Committee (FOMC) raised the benchmark interest rate to a target of 2.25 - 2.5 percent this month, marking the fourth hike for the year while communicating plans to slow down future interest rate increases in its effort to keep its mandate in stabilizing the economy through both interest rate policy and forward guidance. This action has been strongly criticized by President Trump, who has tweeted that the he believes this move is wrong, much