Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Articles by Mike Maharrey
Have you done your taxes yet?If you’re a procrastinator, like me, probably not. Especially if you owe money.Well, I’ve got bad news. This is your last weekend to get it done.The taxman cometh.Next Tuesday, to be exact.I’ve been dreading...
The Federal Reserve just got the green light to crank up the inflation machine.The Consumer Price Index (CPI) moderated in February and turned downright cool in March. Prices fell month-on-month, driven by much lower energy costs.That...
Talk about a roller coaster.After plunging for several days, stocks soared Wednesday afternoon after President Trump announced a tariff pause. The S&P 500 rocketed 9 percent, charting its third-largest single-day gain since World War...
Would you loan money to Uncle Sam?That’s becoming a pertinent question as the U.S. government’s fiscal situation continues to deteriorate.The national debt surged over $36 trillion last fall, and despite some cutting by DOGE,...
BRICS continues to develop a cross-border payment system that would provide an alternative to SWIFT and minimize reliance on the dollar. Success in the endeavor would accelerate de-dollarization and create significant problems for the U.S...
They buried the lede.The Federal Reserve loosened monetary policy significantly during the March FOMC meeting that wrapped up Wednesday.“But wait,” you say. “The Fed held interest rates steady, right?”Yes. Yes, they did.The federal funds...
Nothing is forever.Not even Forever.Forever 21 recently filed for bankruptcy - again. The clothier reorganized back in 2019. Now it is shutting down for good. According to recent reporting, the company plans to close all 354 stores in what...
The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 trillion just five months into the fiscal year.The federal government spent $307.01 billion more than it...
The world platinum market charted its third significant structural deficit in a row last year, and we should expect these supply shortfalls to continue into the foreseeable future, according to the World Platinum Investment Council (WPIC...
American consumers continued to pile on debt in January, but at a moderating pace after the massive credit-card fueled spending spree for the holidays.Retail sales fell by 0.9 percent in January, and this was reflected in the slowdown in...
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