Gold has all the potential to go unprecedentedly high. But silver will be gold on
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However, amid elevated inflation that’s making the public increasingly unhappy and sandbagging Biden’s approval ratings, what happens next will inevitably be a reflection on both men and their legacies.
With Europe and Australia dealing with major Wind & Solar Intermittency problems, the U.S. is heading down the same path as it ramps up Green Energy generation. This short video includes info on U.S. Wind and Solar power, the Falling EROI of domestic Coal, and how much energy the U.S. government uses...
Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.” In it, the author Kenneth Gooding claimed that as an investment, “gold is a goner.” The crises of the past 10 years—the 1987 stock market crash, the Gulf War, Asia’s financial meltdown—had not resulted in higher demand, as...
There is a simple reason why we have been getting increasingly more frequent headlines such as these in recent years: Not a Single Japanese 10-Year Bond Traded Tuesday, How BOJ Crushed Trading in Japan's $10 Trillion Bond Market, Trading in Japanese government bonds is drying up. Does that matter? That...
China’s central bank signaled possible easing measures to aid the economy’s recovery after a sharp downturn in recent months fueled by a property slump.
Market Is 'One More Bad Inflation Report' Away from a Correction, Wharton's Jeremy Siegel WarnsNov 22, 2021 - 12:39:23 PST
Siegel anticipates rising prices will stretch out over several years, with cumulative inflation reaching 20% to 25%.
As such the real question traders should be asking is not how fast the Fed will complete the taper or when it will hike next, but how big the next QE will be and what other assets the Fed will have to buy this time to preserve the wealth effect of its true owners. In other words...
Bank of America Corp. strategists are bearish on markets next year and urged investors to focus on preserving cash as faster inflation and higher interest rates upend the trajectory of global asset prices.
Spending by U.S. states in the most recent fiscal year grew at the fastest pace in at least 35 years as the governments deployed a surge of federal relief funds.
Here’s Everything That’s Wrong With the Build Back Better Spending Bill House Democrats Just PassedNov 22, 2021 - 11:47:45 PST
The true cost of the legislation, once one accounts for budget gimmicks and dishonest political rhetoric, is up to $4.9 trillion. That’s an astounding $32,000 per federal taxpayer. And most of this money would go to wasteful government programs and counterproductive expansions of the welfare state.
The S&P 500 had peaked a few days earlier, and would plunge by more than 55% during the global financial crisis. It is essential to learn the right lesson (discussed below) about the interaction between market internals, zero-interest rate policy, and overextended syndromes.
United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4. Inflation is hurting consumers and the impact on daily purchases is more...
Nov 22, 2021 - 11:32:32 PST
Hello Illinois taxpayers, you have a massive bill that's overdue. I have the solution.
Based on the firm’s current equity and macro models, and our investment team’s analysis, we believe we are in the explosive first wave of an inflationary cycle in the US and globally that will elevate consumer prices at a much higher annualized rate and for significantly longer than priced into financial markets today.
The median selling price rose more than 13% in October from a year ago to $353,900. That compares with $351,200 in the prior month.
History, and the laws of mathematics, tells us that producer prices will find it very difficult to keep accelerating at the current rate. That doesn’t mean they will decline, of course, but a slowing rate of increase in 2022 seems highly likely. If that turns out to be the case, the current panic over inflation will give room for a two-way conversation about price deflation.
The consequences of the drip-drip-drip of moral decay is difficult to discern in day-to-day life. It’s easy to dismiss the ubiquity of artifice, PR, spin, corruption, racketeering, fraud, collusion and narrative manipulation (a.k.a. propaganda) as nothing more than human nature, but this dismissal of moral decay is nothing...
Companies hope that by making price increases hard to see, they can escape notice and avoid a customer backlash.
Amid all the excitement and confusion of the last two years, the ascent of the stock market, and the continued robust health of other asset classes, has boiled down to three words: liquidity, liquidity, liquidity.
The Federal Reserve’s corporate-bond bailout in March 2020 has helped encourage a debt binge unlike any other.