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ust as investors are celebrating the prospect of peak inflation and potential for a soft landing, this earnings season is likely to show there’s still plenty that should keep them up at night.
Canadian home prices fell by the most on record in 2022, as rapidly rising interest rates forced a market adjustment that may have further to go.
The game-changing development could have a profound impact on the banking system. But few people still understand it.
(Bloomberg) -- Investors are the most underweight on US equities since 2005 as improving market sentiment sends them flocking toward cheaper regions, according to Bank of America Corp.’s global fund manager survey.
The incipient global recession has begun to affect India. In December, India’s merchandise exports declined 12.2% to $34.5 billion, from a year ago, according to government data released yesterday (Jan. 16). This marked the second contraction in three months, owing to a slowdown in demand. Imports also shrank, albeit at a slower pace of 3.5%, to $58.2 billion.
    BOJ Meets Amid Intense Speculation Over More Tweaks
Jan 17, 2023 - 05:13:39 PST
The Bank of Japan will deliver its latest policy decision Wednesday, shortly after its massive easing program came under the fiercest market attack in the history of Governor Haruhiko Kuroda’s decade-long term.
    BOJ Meets Amid Intense Speculation Over More Tweaks
Jan 17, 2023 - 05:13:39 PST
The Bank of Japan will deliver its latest policy decision Wednesday, shortly after its massive easing program came under the fiercest market attack in the history of Governor Haruhiko Kuroda’s decade-long term.
    BOJ Meets Amid Intense Speculation Over More Tweaks
Jan 17, 2023 - 05:13:39 PST
The Bank of Japan will deliver its latest policy decision Wednesday, shortly after its massive easing program came under the fiercest market attack in the history of Governor Haruhiko Kuroda’s decade-long term.
he Bank of Japan (BOJ) is under pressure to change its interest rate policy as soon as Wednesday, after the central bank's attempt to buy itself breathing room backfired, emboldening bond investors to test its resolve.
How the economy fares as the Fed sticks with its inflation fight is a hot topic. The big banks are prepping for a downturn.
    Stocks Slide as Big Banks Herald Earnings Jitters
Jan 17, 2023 - 05:11:25 PST
US stock-index futures fell amid signs central banks will turn more hawkish and as Wall Street banks from Goldman Sachs Group Inc. to Morgan Stanley posted disappointing results.
Shares slipped on Tuesday after China's growth in 2022 slumped, halting their new year rally and keeping investors on edge over the risk of a global recession, while the Japanese yen hung near a seven-month high ahead of a key central bank decision. The Euro STOXX 600 lost 0.2%, slipping from its nine-month high hit on Monday.
Inflation continues to eat up your paycheck.
For the 21st month in a row, average hourly earnings failed to keep up with rising prices.
The CPI data for December buoyed markets and raised hopes that the Federal Reserve is winning its war against inflation. But in his podcast, Peter explained that the Fed isn't winning the war. It is losing and will ultimately surrender to inflation.
Not only is the world facing the Energy Cliff, we are also hitting Peak Gold and the Falling Gold EROI.  Yes, it has finally arrived.  In this update, I show how the number of Major Gold Discoveries has collapsed, ZERO in 2021, while the cost has increased exponentially...
The US government ran an $85 billion budget deficit in December, according to the Monthly Treasury Department Statement. That was much lower than November's massive $248.5 billion shortfall, but don't be deceived by the drop. December is typically a low deficit month. The relatively big shortfall indicates the federal government is on a trajectory to blow past the $1.38 trillion fiscal 2022 deficit.
Peter Schiff recently appeared on Dan Bongino's Unfiltered on Fox News to talk about the economy, inflation, the stock market, the Federal Reserve and investing in 2023. Peter said the recession that everybody denies exists is going to get worse, and so is inflation.
In this weekend update, I discuss how Two Major Events in 2023 could impact the precious metals and global financial system.  I believe 2023 will be a pivotal year as the world economy continues to grind lower as the Energy Cliff negatively impacts the highly leveraged financial system...
Gold was higher in all currencies in 2022 and outperformed stocks, bonds, crypto and bitcoin in a significant way as investors fled risk assets and again sought shelter in gold and silver bullion.
    Will Disinflation Inflate Silver Prices?
Jan 13, 2023 - 13:17:52 PST
Disinflation continues, and it’s good news for silver prices. The odds of seeing a less hawkish Fed are rising!