The Federal Open Market Committee or FOMC is the Federal Reserve’s monetary policymaking body. It is responsible for the formulation of a policy designed to promote stable prices and economic growth. Simply put, the FOMC manages the nation’s money supply! The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings (usually every six weeks) during the year. Last month,…read more →
Spring arrived last Sunday, March 20th! One of the best things about living in New York is the change of seasons. With spring comes baseball, improving weather, and the fun outdoor season. It is also the time for spring cleaning and unfortunately the onset of the high tree-pollen allergy season. Allergies, especially food, can be a serious issue. Also, millions…read more →
Due to a combination of events including Covid-19, the Suez Canal 2021 container ship backlog, and the current Russian invasion of Ukraine, there are gas supply-side issues that are driving up prices. At one point, the U.S. was producing enough gas domestically to not have to import any gas from overseas. These are some reasons why we are in economic…read more →
Last week, the White House announced that the United States and Allies agreed to block select Russian banks from SWIFT, the Global Financial Messaging System. Some of the initial reactions are: Why didn’t they just remove ALL Russian banks the first day of the war? How is this going to be a deterrent from Russia continuing their attack on Ukraine?…read more →
I just returned from an extended Las Vegas Super Bowl Weekend and was thinking about what to write this week while on the plane back to JFK airport. In many ways, insurance is gambling! There is a high probability of a disability occurrence happening, such as someone becoming disabled either mentally or physically. As an Independent Insurance Advisor, also known…read more →
As per the Global Obesity Observatory, America has rated the 14th highest adult obesity rate in the world with 36.47% of all adult Americans being considered obese! The first 13 countries are ALL islands. According to the Organization for Economic Cooperation and Development (OECD), The U.S. adult obesity rate will reach 50% by 2030. The Wikipedia definition of obesity is…read more →
Last weekend I watched what analysts called the best NFL playoff weekend of games all-time! All 4 games went down to the final play, and both favored number 1 seeds. The Green Bay Packers and Tennessee Titans lost at home. The Buffalo Bills and Kansas City Chiefs put on a show for the ages Sunday night! It makes me think…read more →
Last Saturday it happened! Something I never thought would happen, at least with Andrew Cuomo as Governor. At 9 am on Saturday, January 8th, mobile sports betting went live In New York State, just in time for the NFL (National Football League) playoffs! New York State is the 4th most populous state in the Union, and it is now the…read more →
Guess how many pizzerias in Queens made the NYC top 24 pizzas list?
According to the CDC (Centers for Disease Control and Prevention), The Covid-19 pandemic drove average life expectancies in the United States down by 18 months last year (the calendar year 2020), making it the largest decline since World War II. Americans are now expected to live an average of 77.3 years, down from 78.8 years in 2019. Covid-19 deaths accounted…read more →
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