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The OECD said annualized price growth across OECD nations rose to 5.8 per cent in the 12 months to November ,2021, compared with 5.2 per cent the previous month, and just 1.2 per cent in November 2020. This was the highest rate of inflation recorded since May, 1996.
We talk a lot about how the Fed keeps its big fat thumb on the Treasury market. But it also has its big fat thumb on the housing market. And if the Fed really does follow through with its taper and its plans to shrink its balance sheet, it will have a big effect on the housing market.If you've ever held something under tension down with your thumb and suddenly release it, you know what happens.Pop!
50 YEAR GOLD PRICE FACTORS MISSED BY MOST ANALYSTS: What Has Been The Leading DriverJanuary 11, 2022
Unfortunately, most precious metals investors do not understand what has driven the gold price for the past 50 years. I continue to see gold forecasts and analysis that ignores the most critical factor... Energy. This update should provide new and existing subscribers insight...
There are many people who will tell you that JFK was assassinated because he was trying to end the Federal Reserve and replace the Federal Reserve note with silver certificates. Not only is this not true, it’s the exact opposite of the truth. Join James for this presentation to the JFK Lancer conference as he separates fact from fiction in the JFK assassination investigation.
The Irish central bank added 78 million euros ($88 million) to its gold reserves in November, data published this week showed. The purchases mean the institution has increased its holdings of the precious metal by more than three tons in three months, a 60% increase from the level maintained for over a decade.
"Minsky Moments Almost Certainly Await": Nomura Fears 'Collateral' Damage From The QE-to-QTJan 10, 2022 - 12:45:37 PST
"Minsky Moments" almost certainly await, warns Nomura's Charlie McElligott in his latest note as he reflects on a massive week ahead for markets.
Jan 10, 2022 - 12:44:11 PST
BUMPED by request. Unfortunately, there is a lot of wrong information being discussed and shared. Even reputable regional media are giving inaccurate information, making wrong interpretations {LINK}, and generally getting the explanations wrong. Additionally, there’s general misinterpretations of ordinary outages based on the day of the week (Sunday) and bad weather...
When you factor in the massive fiscal and monetary cliffs together with the most overvalued stock market in history, you have the recipe for potential unprecedented stock market chaos, which should be front-end loaded in ‘22. If your retirement savings is with a deep state of Wall Street firm, you hold some mix of stocks and bonds that is set on autopilot. Their fate should be the same as the Hindenburg and Titanic.
"While the period of time over which the Fed is committed to averaging inflation is not explicit, one might have reasonably expected it to ultimately offset the high inflation associated with the pandemic. Alas, that no longer appears to be the case." ~ William J. Luther
The headline 3.9% unemployment rate looks positive, but job creation fell significantly below consensus, at 199,000 in December versus a consensus estimate of 450,000.
The US central bank now holds just under $9tn of assets, more than double the amount compared to early 2020 when it embarked on an unlimited bond-buying programme to prop up markets and lower long-term borrowing costs for business and households facing financial ruin.
Markets Hit by US Interest Rate Rise Worries As IMF Sees Turbulence AheadJan 10, 2022 - 11:59:04 PST
Tech stocks continue to slide as investors brace for US Federal Reserve to tighten monetary policy due to high inflation.
2022 should be an interesting year as the wheels come off The Fed’s constant stimulation of markets.
Petition for $2,000 Monthly Stimulus Checks Has 3 Million Signatures. 'Americans Need Some CertaintyJan 10, 2022 - 11:49:16 PST
Restaurant owner Stephanie Bonin started a petition for monthly payments in March 2020. Nearly two years later, the cause still resonates with many Americans.
In this Markets segment of DoubleLine’s Round Table Prime, moderator Jeffrey Sherman and panelists James Bianco, Danielle DiMartino Booth, Jeffrey Gundlach, Ed Hyman and David Rosenberg discuss equity, bonds, currencies, and commodities, among other asset classes. This edition of Round Table Prime was recorded Jan. 4, 2021.
Last week I detailed how the prices of gold and silver in 2021 not only did not exceed the percentage increases that they experienced in 2020, but actually fell over the course of the year. Similarly, where I expected the price of platinum to end 2021 higher than it did at the end of the year before, its price also declined. Palladium’s price, as I expected, declined over the course of last year.
There is no way your savings can keep up with current inflation as negative interest rates are guaranteed. Quantitative Easing is just a different term for counterfeiting. Mathematically government debts can never be repaid they can only be rolled over. People should be concerned about their loss of purchasing power.
Goldman Now Expects 4 Rate Hikes In 2022... And Why This Has No Chance Of HappeningJan 10, 2022 - 08:18:07 PST
As stocks plunge, yields and the dollar soar and the economy slows with every passing day as instead of spending their long-gone stimmies, US consumer go on a record credit-card fueled spending spree...
The Federal Reserve Needs to Get a Lot More Hawkish, Bill Dudley: BloombergJan 10, 2022 - 08:14:22 PST
I have news for those who think the U.S. Federal Reserve has turned more hawkish on inflation: It has only just begun.
The US Federal Reserve has been assaulted by reality. Current inflation is now above 6 percent, a level not seen in nearly 40 years, and is proving far more persistent than Fed policymakers expected. Why is the Fed’s monetary policy lagging behind in tightening monetary policy to control inflation?