Breaking Through The Noise: Econ Facts, June 15, 2026
- Inflation #s are up again – to 4.2%, highest in 3 years.
Was 3.8% in April
Federal Reserve goal is still 2%
Fuel oil up 59% is driving a lot of the inflation (gas up 41%)
Air fare up 27%
Fruits and veges up 6%
- R’s threaten to reduce Social Security, Medicare next year. In addition to the massive cuts to Medicaid already in the BBB
Dr Oz announced Medicaid work requirements to keep benefits
- Social Security reserve trust fund projected to run out of funds 1 year sooner
Easily solved by raising the income at which SS contributions stop – now 162k
Loss of immigrant contributions to Social Security has had an impact
- The SEC (Securities Exchange Commission) wants to reduce corporate public reporting from quarterly to 2x/year
This makes investors less aware of corporate conditions to make good buy/sell decision
On top of the insider trading that Trump and his admin are potentially doing, it puts the general investor at a huge disadvantage
On top of the insider trading that Trump and his admin are potentially doing, it puts the general investor at a huge disadvantage
- The US lost 12.5 Billion in tourism income in 2025 due to tariffs and immigration policies
- Ford lost 800M in the 2nd quarter because of 25% tariffs on auto parts and 50% tariffs on steel and aluminum