Out of $54 billion, airlines must repay $14 billion, or 26.2%, and Treasury holds warrants currently worth approximately $200 million, a Commerce Committee memo says. Treasury also extended $25 billion in low-cost government loans to carriers.
Let me present a list of things to worry about next year. Inflation, US and China growth, Stagflation, Central Banks, Stocks, Climate and Equality, etc, etc.. But the big risks will be the consequences of US Politics and a Liquidity Meltdown in the Credit Markets.
"But the move in the corporate tax rate and the long-term capital gains tax rate, if that were to move from the low 20s currently to the marginal tax rate, that would be a significant driver of investor behavior and I think that you could see a lot of people starting anticipatory selling to lock in things they feel are pretty fully valued," Mies added.
Investors weighed the central bank's potential response to persistent inflationary pressures.
The producer price index rose at the fastest rate in the history of the data set in November. This is a runaway inflation train hurtling down the tracks toward consumers. And despite all the talk, the Fed won't be able to stop it.
Yes, it's true. The largest silver-producing countries in the world have the lowest reserve life remaining. And, when I say... LOW, it isn't decades worth of silver reserves; rather, it's a matter of years. This may sound quite unbelievable, but that is exactly what we find...
Supply chain disruptions have not been resolved, and it’s not clear when they will be. You’re seeing the effects of these disruptions at the store in the forms of shortages and higher prices.
Why are gold and silver falling while inflation is raging? What is Mike doing with his portfolio now that gold and silver have dropped two to three percent? Is the ‘Dollar Milkshake Theory’ coming true? All that and more in today’s video update.
What is Mike doing with his portfolio now that gold and silver have dropped two to three percent? What stock has Mike purchased? What cryptocurrency has Mike traded for another recently? All this and more in today’s Insider Action Alert.
Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in 2022 and despite the Fed's tightening - two months ago Goldman flipped its Fed views by pulling forward its first rate hike forecast by one year to July, and followed it up over the weekend by predicting that liftoff will begin in May with two more rate hikes to follow in 2022...
A few days ago, with the Nasdaq at all time highs, we showed a striking chart: barely 40% of the Nasdaq's 3,000+ stocks were trading above their 200 day moving average.
If you haven’t been paying much attention, the market is currently sitting near all-time highs. While it has risen nearly 26% this year, there were a couple of very normal 5% corrections along the way.
Today we’ll “war game” what the Fed is facing as it wrestles with inflation, growth, employment, and political considerations. We’ll try to entertain those thoughts as if we’re sitting in the conference room with Jerome Powell.
With the Q3 GDP Second Estimate and the November close data, we now have an updated look at the popular "Buffett Indicator" -- the ratio of corporate equities to GDP. The current reading is 220.6%, up from 213.2% the previous quarter.
For a long-term look at the impact of inflation on the purchasing power of the dollar, check out this log-scale snapshot of fourteen-plus decades and how the value of the dollar has declined. In other words, $1 today has the same buying power as four centsin 1872.
Even as consumer price inflation has spiked at the worst rate in 40 years, far-worse inflation rages further up the price pipeline as it’s flowing toward consumer prices. Going up the inflation pipeline of goods and services from the Consumer Price Index (CPI), we first get to the producer Price Index (PPI) for Final Demand, and further up the price pipeline, we get to the four stages of the PPI for Intermediate Demand.
In the US, raging inflation is not far behind. But the Fed is still recklessly pouring fuel on it.
It's not just 'average joe' Americans whose sentiment is slumping (amid soaring inflation and lagging wage growth), the latest survey from the National Federation of Independent Business (NFIB), shows small businesses have never been more pessimistic about the outlook for business...
Agricultural land has become attractive to institutional investors and wealthy families in recent years because returns tend to be stable and weakly correlated with other asset classes, according to Purdue University agricultural economist Todd Kuethe. More investors are now seeking it out as a potential hedge against inflation, asset managers say, with consumer prices rising at the fastest pace in decades.
On May 26 business media reported that the U.S. Department of Justice had opened a probe into the March collapse of the Archegos family office hedge fund. Archegos is believed to have leveraged $20 billion of its own capital into more than $100 billion in stocks and derivative exposure through margin loans tricked up as derivatives by some of the largest banks on Wall Street.