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Russia Warns Of "Consequences For Entire World" If UK Sends Jets To UkraineFeb 8, 2023 - 12:00:05 PST
Given the UK government clearly said it is "exploring" the possibility of sending fighter aircraft to Ukraine, namely its Typhoon jets, upon a visit by Ukraine's Zelensky to London, Russia has responded fiercely. Prime Minister Sunak earlier explained:
The New York Times called it a “mystery,” but the United States executed a covert sea operation that was kept secret—until now
Feb 8, 2023 - 11:46:17 PST
Starting in 2009 with the housing bubble burst and ensuing financial crisis, The Federal Reserve bought agency mortgage-backed securities (MBS) in an effort to provide stability to the then suffering housing and mortgage markets. Flash forward to today and The Federal Reserve still has $2.62 TRILLION in Agency MBS in its System Open Market holdings. And declining very slowly.
A Bigger Picture Look At US Housing Affordability (Or Just How Over-Priced Are American Homes)Feb 8, 2023 - 11:44:00 PST
What can you discover when you chart median new home sale prices against median household income?
Feb 8, 2023 - 08:32:28 PST
Reflecting on their personal financial situations, 35% of Americans say they are better off now than they were a year ago, while 50% are worse off. Since Gallup first asked this question in 1976, it has been rare for half or more of Americans to say they are worse off. The only other times this occurred was during the Great Recession era in 2008 and 2009.
Dave Kranzler joins Andrew Maguire to discuss the potential effects of pricing silver in gold grams, gauging the chances for the silver squeeze to unfold.
This is just one of our selection of 72 pages of charts in the February edition of the Monthly Gold Compass, available right here: http://ow.ly/ljsG50MIJCl
Feb 8, 2023 - 07:56:17 PST
"Inflating-away the currency". Investors can survive the chaos by preparing now. Only 2% of investment funds is required to send silver to $200 and gold to $5,000 per ounce.
Feb 8, 2023 - 07:55:13 PST
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot in its long-awaited and feared balance-sheet unwind, which crashed stocks back in 2018.
In State of the Union Speech, Biden Challenges Republicans on Debt and EconomyFeb 8, 2023 - 07:52:53 PST
President Joe Biden challenged Republicans to lift the U.S. debt ceiling and support tax policies that were friendlier to middle class Americans on Tuesday in a State of the Union speech that served as a blueprint for his 2024 re-election campaign.
There are two kinds of prosperity, one fake, one real. Bogus “prosperity” depends on credit-asset bubbles inflating, magically creating “wealth” not from labor, production or improving productivity, but from the values of assets soaring as bubbles inflate.
The greens can’t repeal the laws of physics, and the Davos crowd can’t repeal the law of supply and demand. Oil prices are headed higher.
How much more expensive is the U.S. healthcare system compared to other developed countries?
According to a new poll, Americans postponed medical care in 2022 amid the highest inflation in over 40 years. A record 38% of those surveyed put off treatment due to cost, up 12 percentage points since 2021 and the highest since 2014.
As mortgage rates surged, a handful of young companies known as power buyers have found themselves stuck with homes they acquired on behalf of clients.
Activity in fed funds—used by banks and government-backed lenders to exchange cash reserves parked at the Fed—surged throughout the past year when the central bank raised interest rates at the fastest pace in decades.
The European Commission’s ongoing borrowing spree is economically irresponsible and clearly inflationary. By continuing to issue common bonds to finance its expenditures, the Commission is harming European savers and undermining the creditworthiness of national governments.
US Trade Deficit 2022: Imports, Exports of Goods and Services, by Product Category and CountryFeb 8, 2023 - 07:31:59 PST
Ugliest-ever trade deficit. But US exports grew to $2 trillion, 10% was crude oil & petroleum products. Pharma & industrial machinery exports were #3 and #4.
Major Shipping Line Seeks Supply-Chain Overhaul as Chaos Roils Global TradeFeb 8, 2023 - 07:27:37 PST
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
Beijing is trying to kick-start growth, but one challenge it faces is Chinese citizens borrowed less and saved more last year and it isn’t clear how long it will take to return to freer-spending ways.