INSIDE THIS ISSUE
A merica’s cresting on a few torrential financial and political waves as summer sets... rising cases in the Delta COVID variant, staggering prices due to inflation, and punch-drunk exuberance in the markets. Will these manic swells and swings of the late-pandemic economy come crashing down upon your savings soon? In a world where you feel like you can’t trust the Fed, D.C., the CDC, nearly all social media, and most news outlets... in a country where we can all barely agree on what’s real ... deciding what to do with your money can seem daunting. But you have to say grounded... which is to say, don’t act like the Federal Reserve . In my feature story this month, I detail how the Fed is living in an alternate universe where inflation, “everything” bubbles, and unhinged market zeal don’t exist. But back in reality, I share how to best invest in these uncertain times. Editor-in-Chief P.J. O’Rourke knows capitalism is in the crosshairs, noting how Biden’s clumsy executive order attempting to “promote competition” in the American economy serves as a middle finger to free markets. RealClearMarkets Editor John Tamny adds that while state and local tax deductions inspire ire from the Left and Right, the centrist’s take is the clearest: market-driven wealth bests political waste. As the pandemic endures and partisan tensions rise between the vaxxed and the
unvaxxed, Stansberry Research’s health- investment expert Thomas Carroll notes the irony of COVID helping America’s health care infrastructure. And while we’re talking health care, you can’t ignore the looming shadow of Big Pharma. Stansberry’s Retirement Millionaire Editor Dr. David “Doc” Eifrig knows you’re sick of pharmacy prices bleeding you dry with costly prescriptions, so he provides the insider’s script for saving money on your meds. Transitioning from medical maladies to the disease of social media, Executive Editor Kim Iskyan examines the strange case study of a tech behemothic that’s still a woeful investment as a company: Twitter. On the international front, Executive Editor Buck Sexton paints a somber portrait of America’s abandonment of Afghanistan and the wake of Taliban terror that awaits. Back in the states, American Consequences writer Andrew Amundson has a few (hundred) choice words for the groping governor of Empire State in our latest Dunce of the Month . And for all the Defund the Police wokesters, P.J. O’Rourke has a message: You haven’t gone far enough. To get our hands politically dirty and impact real change, we need to defund the sanitation department. Regards, Trish Regan Publisher, American Consequences
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August 2021
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