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Is the $USD Warning That Inflation is About to Become BAD News For Stocks?Jan 18, 2022 - 12:30:55 PST
This love relationship eventually turns to hatred as inflation leads to higher operating costs, which squeeze profit margins.
(Reuters) -A fast pace of monetary policy readjustment to curb inflation could lead to a flattening of the U.S. Treasuries yield curve, warned BlackRock chief Larry Fink, amid a recent spike in yields that some said had echoes of 2013 "taper tantrum." The shape of the yield curve reveals investor expectations for U.S....
The fastest inflation in four decades has reached an “excessive” level, in part because of stimulative monetary policy used to counter the economic consequences of the pandemic, said Howard Marks, co-founder of Oaktree Capital Management.
Jan 18, 2022 - 11:52:56 PST
Higher pay to retain and attract employees impacted Goldman Sachs profits, and the big bank’s CEO says companies across industries are experiencing the same thing.
When Will Monetary Tightening Hit Financial Conditions?, El-Erian: BloombergJan 18, 2022 - 11:49:34 PST
A disconnect increases the risk of a policy mistake and undue damage to livelihoods.
Jan 18, 2022 - 10:19:46 PST
Michael Burry and Jeremy Grantham are bracing for a devastating crash across financial markets. They're far from the only experts to warn that rampant
Total US System Debt (gov & private) now $86T. Fed wants to raise rates. For each 1% increase in rates, total annual interest burden increases by $850B p.a. Fed funds rate current 0% and inflation is 7%. They will bring down the system.
Jan 18, 2022 - 10:01:47 PST
The October report garnered little press attention even though it represents the first step in the administration’s plan to use Dodd-Frank Act powers to effectively nationalize and thoroughly politicize the financial system.
Trust in government is collapsing, especially in democracies, according to a new global survey.
Jan 18, 2022 - 08:32:24 PST
Even within economic circles, there is a growing nervousness that the Federal Reserve, the central bank of the United States – with the power to electronically create money out of thin air, bail out insolvent Wall Street megabucks, balloon its balance sheet to $8.8 trillion without one elected person on its Board while the U.S. taxpayer is on the hook for 98 percent of that...
We're staring down the maw of a major recession that will cause serious economic pain for millions of Americans, as the economy jumps from the pandemic frying pan into the inflation fire.
Yes, it is possible Powell is attempting to throw the dollar under the bus to save the stock market but this tactic will not stand for long. It changes nothing and does little to let the air out of the bubbles central banks and governments have allowed to form. On the flip-side, other central bankers trying to give the...
"There are good reasons to believe that today’s hot economy may be just a temporary respite."
Grocery Store Empty Shelves, Tight Inventories, Labor Shortages, Supply Chain Snags, Soaring CostsJan 18, 2022 - 07:56:49 PST
It shows how brittle the system has become in face of every new challenge.
“Great Resignation” & “Labor Shortage” Phenomenon: The Huge Surge of Americans Starting BusinessesJan 18, 2022 - 07:55:38 PST
Another testimony of the massive changes in society and the economy. But losing some of the enormous steam.
The Fed’s Huge Income Statement for 2021 Is Out: Where its Revenues Came from and Where They WentJan 18, 2022 - 07:53:43 PST
“Net income” is a bizarre term for an organization that buys trillions of dollars of securities with money that it itself created.
“Not seasonally adjusted” retail sales spiked to a record. “Seasonally adjusted” retail sales fell. Both: +16.9% from year ago. What the heck is going on?
Jan 18, 2022 - 07:46:55 PST
If you look at the following chart, you can see multifamily (5+ unit) starts remain elevated (pink box) which is not surprising given that home prices at growing at 19.1% YoY nationally (orange circle) and REAL hourly earnings have declined (yellow triangle) thanks to reemergence of inflation after 40 years.
Jan 18, 2022 - 07:43:53 PST
Since the 2020 Covid outbreak, the top 1% have been on the Stimulypto gravy train. The top 1% in terms of share of total net worth (blue line) is near the all-time high while the bottom 50% share of total net worth (red line) is at the all-time low.
Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price level increases.