• Economic Issues Hurt Dems in Midterms: Monmouth Poll
  
  Economic issues are more important factors than social issues in the November midterm elections, according to the latest Monmouth University Poll.  
• Michael Busler: UK's Truss Supply-Side Tax Cuts Are Appropriate
  
  Newly elected British Prime Minister Liz Truss has asked Parliament to approve a package of tax cuts for all British taxpayers including a large cut for the wealthiest. She also wants to reduce business taxes and regulations making it easier for business to expand.
• Bob Ciura: 3 Master Limited Partnerships With 5%+ Yields & Safe Payouts
  
  The S&P 500 Index is currently down 25% year-to-date. When stock prices decline, dividend yields rise. But extremely high dividend yields can be a precursor to a dividend cut, if the company's fundamentals are deteriorating.
• Peter Reagan: Lower-Risk Investments to Ride Out Rough Markets
  
  Frustrated with financial market volatility, tired of seeing their purchasing power evaporate, Americans are increasingly searching for stable, lower-risk investments. Today we assess some conservative, safe haven investment options.
• Peter Morici: Biden Student Debt Plan Will Hike Tuition, Reduce Fed Powers
  
  Present Joe Biden's student-loan forgiveness has attracted wide criticism, but few express the menace it poses to the Federal Reserve and congressional powers. not to mention how it is sure to result in yet higher costs to attend colleges and universities.
• Trevor Gerszt: Gold Price Rises as International Events Take Center Stage
  
  While all eyes have been on the Federal Reserve in recent weeks, events in Europe have shaken things up, bringing the realization that the trigger for the next recession could very well be abroad.
• George Mentz: 12 Books to Read - History, Business & Markets
  
  During COVID lockdowns, we all had a chance to read a bit more at home. Here are a few books that I read in the last two years, which I enjoyed.
• Michael Busler: Don't Expand the EV Credit - Not for South Korea and Not for Elon Musk
  
  When you see a gravy train, hop on! That's what everyone associated with the electric-vehicle industry is doing these days as they attempt to get their share of the new subsidies provided by the so-called Inflation Reduction Act (IRA).
• Bryan Kuderna: The Market's Wild Swings During the Past 10 Recessions
  
  For most of 2022, financial pundits have raised the question, "Are we headed into a recession?" This is, of course, in response to the Fed's aggressive interest rate hikes to try and tame record-high inflation.
• Trump Reminds He Predicted Biden Market Crash
  
  Former President Donald Trump reminded people that he predicted the stock market would "crash" if Joe Biden won the White House.
• Experts Say Wall Street Signaling Likely Recession
  
  Wall Street is sending strong signals of a likely recession.
• Lauren Fix, The Car Coach: Millions of Electric Car Batteries Could Be Ticking Time Bombs
  
  More than 6 million electric vehicle (EV) battery packs will end up as scrap between now and 2030, and the recycling and reuse industries are working hard to find a solution. Some researchers project that recycling alone will be a $12 billion-plus industry by 2025.
• Rep. Warren Davidson to Newsmax: COVID Fraud Reports 'Tip of the Iceberg'
  
  An inspector general's report released Thursday estimated that $45.6 billion in unemployment benefits fraud was committed during the COVID-19 pandemic, lessons about what not to do in the event of a similar emergency, Rep. Warren Davidson, R-Ohio, told Newsmax.
• Trevor Gerszt: Russian Gold Exchange Plan Could Upend Precious Metals Markets
  
  When the history of the war in Ukraine is finally written, the most long-lasting effect of it may not be its geopolitical ramifications or even geographical changes. In fact, it may be the changes to the financial system that have resulted from the war.
• Peter Morici: To Contend With China, US Must Spearhead Globalization
  
  Global commerce is being rearranged by Western sanctions on Russia, COVID inspired hardening of supply chains and Western apprehensions about China, but none of this spells the end of globalization.
• Peter Reagan: The Biggest Mistake of the Inflation Reduction Act
  
  Legislation called an "Inflation Reduction Act" should do a minimum of one thing really well, don't you think? Today, we highlight three benefits (and one major shortcoming) of the Inflation Reduction Act.
• US Leading Indicator Falls, Signaling Recession
  
  A gauge of future U.S. economic activity declined for a sixth straight month in August, potentially signaling a recession amid large interest rate increases from the Federal Reserve.
• Powell's Stark Message: Inflation Fight May Cause Recession
  
  The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession.
• Sen. Rand Paul to Newsmax: Inflation 'Canceled Out' All That Free Pandemic Money
  
  Sen. Rand Paul, R-Ky., on Newsmax delivers the bad news reality to American people: All the free money you got during the pandemic is now overshadowed by inflation and ultimately costing you more than what your government gave you.
• Video Report: Federal Reserve Raises Interest Rates 75 Basis Points to Cool Inflation
  
  The Federal Reserve is raising interest rates by another 75 basis points to cool inflation concerns, Newsmax national correspondent Logan Ratick reports on Wednesday's "American Agenda."
• Michael Busler: Fed Must Get Even More Aggressive. Immediately.
  
  The Federal Reserve just raised interest rates for the fourth time this year. The 75 basis point, or 0.75%, hike means that the Federal Funds rate has risen by 300 basis point since March when the rate was near zero.
• Nigel Green: An Imperfect Fed Could Derail Investors
  
  The Federal Reserve is immersed in a critical two-day meeting, at which it is widely expected to raise interest rates by another 75 basis points Wednesday. Once again, the central bank is driving stock markets, investor sentiment and decision-making.
• Peter Reagan: Fed Declares War on Wall Street - With Everyone Suffering the Consequences
  
  The Fed has declared war on Wall Street. Powell has declared frequently we'll all have to suffer together in order to cool the economy and get inflation under control. There's guaranteed pain ahead - and also a way to avoid most of it.
• Lauren Fix, The Car Coach: Cars Remain Very Expensive
  
  Car buying is not what it used to be, as shoppers find bare lots and inflated prices. The auto market is still short on supply and high on demand.
• Starwood's Sternlicht: 'Major Crash' Coming in Housing Market
  
  The Federal Reserve's continued rake hikes will cause a "major crash" in the housing market, Starwood Capital Group CEO Barry Sternlicht is warning.

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