Mike Patton
Forbes
Baton Rouge, LA, United States
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Past articles by Mike:
The Real Reason Behind Higher Oil And Gasoline Prices
Oil and gasoline prices are heading higher. What determines the price of each? You won't get the answer by listening to media sound bites. Read on for the details. → Read More
Inflation, The Fed, And Recession: Why Financial Markets Are Struggling
Will inflation persist for long? Will Fed policy result in a soft landing? Is a U.S. recession imminent? Read to learn more. → Read More
Covid-19 Related Inflation Surpasses 40 Year Record: How Long Will It Persist?
Covid-19, the federal government, and the Federal Reserve have sparked the highest inflation rate in over 40 years. Read to learn more about how inflation starts and the attempt to end it. → Read More
Competition Heats Up For Tesla In EV Market
Tesla and Volkswagen are the leading EV producers. China has the largest EV market. What other companies are vying for market share? Read to learn more. → Read More
How Russia’s Invasion Of Ukraine Could Affect Europe And U.S. Economy
The Russian invasion of Ukraine will create a great deal of fallout. Europe will feel economic pain as it relies on Russia to meet its energy needs. Could there be a spillover effect in America? → Read More
Vladimir Putin: What’s Behind His Invasion Into Ukraine?
Why did Putin invade Ukraine? What's his end game? While we cannot say with certainty, there is a great deal of evidence to suggest Ukraine is not the final chapter. → Read More
The Real Reason Behind Surging Gas Prices
Gas prices surge. Some blame Biden. Others blame Russia. What's the real reason? Find out inside. → Read More
Russian Stock Market Loses 1/3 Of Its Value Following Attack On Ukraine
Russia's Putin seeks to restore the glory days. Which countries will be most affected by the invasion? Read more to find out. → Read More
‘COVID Inflation’ Surge To Continue: Here’s Why The Consumer Price Index Is Heading Higher
The Consumer Price Index or CPI, which measures the rate of increase for a predetermined basket of goods, has soared to a level not seen since March 1982. → Read More
Inflation Surge To Continue: Here Are 3 Reasons Why
In June and again in July, inflation rose by 5.3% on a year-over-year basis, marking the largest such increase since July 2008. → Read More
Avoiding A Covid-19 Economic Meltdown Depends On These 4 Things
At issue is the recent surge in new Covid-19 cases and deaths due to the highly contagious Delta variant and the more recent Lambda variant. → Read More
Investing In Today’s Inflationary Environment: What Investors Need To Know
Investing when inflation is rising is of particular importance since the goal is to earn a positive return, after factoring in inflation. → Read More
Planning To Buy Or Sell A House? Better Act Fast As Mortgage Rates Move Higher
Whether you’re buying, selling, or refinancing, this trend will have an impact on your cost of borrowing or plans to sell. → Read More
CBO Projects Individual Income Tax Liability Will Rise 66% By 2031
How do you feel about taxes? Are they a necessary evil? Perhaps an obligation? A civic duty? Get ready. Recent CBO report says your individual income tax liability will rise by 66% by 2031. → Read More
Clean Energy Rises: Is This The Death Of The Petroleum Industry?
Production and consumption of green energy is accelerating. How will this impact oil & gas companies and their employees? Which countries will be hurt the most? → Read More
Trump’s Out; Biden’s In: What You Need To Know If You’re Invested In Stocks
America is in turmoil. Many are worried about a correction in stocks. While inevitable at some point, in the near-term, the odds are against it. In this article, we’ll discuss what really drives the stock market and how the recent turmoil is nothing more than extraneous noise for investors. → Read More
National Debt To Surpass $78 Trillion By 2028: What It Means For Americans
The National Debt has risen over 3,370% since President Jimmy Carter took office. Here's what it means for Americans. → Read More
What The Past 90 Years Has Taught Us About Recessions And Stock Behavior
The current recession is expected to be the most severe since the Great Depression, which is not good for stocks. → Read More
How Are Yield Curves and Recessions Related? Not How You Think: Recessionomics, Pt. 1
In part 1 of this 3-part analysis of recessions we will look at the yield curve prior to each of the past seven U.S. recessions--you may find the results surprising. → Read More
How Stocks Performed During The Past 6 Recessions
Could stocks lose as much as they did in 2008? It’s quite possible. What can we learn from past recessions to help this time? Plenty. → Read More