Petrodollars, simply defined, are oil revenues denominated in U.S. dollars. The petrodollar loop is essentially the global practice of pricing oil exclusively in U.S. dollars rather than any other currency and having those dollars recycled into U.S. assets. So, no matter what country is buying oil, they pay the oil-producing country in petrodollars denominated in Read more
Bowen Reports
What You Need to Know When Filing Your Taxes
Tax Day, when you are required to file your return and pay the government, comes around every April 15 whether we want it to or not. Tax Day this year is on Wednesday, April 15, 2026, for most 2025 returns, but if you’re not ready to file by that deadline, you can request an extension Read more
Fasten Your Seatbelt: Ways to Invest in Volatile Markets
Most investors will encounter a rocky market at some point in the stock and bond market. But if you have a long-term strategy in place, you can stick with your plan when it gets rough and avoid making potentially costly moves out of panic. Historically, U.S. stocks have seen three downturns of 5% each year, Read more
Bullion Market: Why Is Gold So Important?
The price of gold increased by nearly 65% in 2025, far outpacing the 17% gain in the S&P 500 stock index over the same period. In January 2026, gold surpassed $5,000 an ounce for the first time. In 2025, the precious metal outperformed most other risk assets, including stocks and cryptocurrencies. The gold price over Read more
Still Time to Catch Up on Savings
If you are nearing retirement and have fallen short of your savings goal, it is not too late to play catch-up with your finances. The federal government allows people to make additional contributions in their later years. A 2020 survey by Vanguard found that 98% of employers offer catch-up contributions on their 401(k) plans but Read more
What is a Discharge Petition?
The Speaker of the House, currently Mike Johnson (R., Louisiana), is one of the most powerful elected positions in the federal government, the only position in Congress named in the Constitution, the second in line to the presidency after the vice president, and the point person for the legislative branch’s fundamental role in originating and Read more