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Sweden’s Free-Falling Property Market Triggers Worst Economic Slump in EUDec 13, 2022 - 05:15:15 PST
Soaring inflation and rising borrowing costs have sent housing prices on a steep downward trajectory across the world, but one of the places where this trend is playing out the fastest is Sweden. After a decades-long property boom fueled by cheap credit, a shortage of housing and interest-only mortgages, the Nordic region’s largest economy is now in the...
If the bond market is correct, US inflation is about to plummet at the pace that it did during the 2008-2009 global financial crisis.
As the US economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge: Treasuries that provide extra compensation to keep up with rising consumer prices.
The opening of a new front in the European Central Bank’s fight with runaway inflation will bring with it bargaining over the path for interest rates — resulting in a potentially smaller hike this week.
All Eyes Are on Tuesday’s Crucial Inflation Report. Here’s How the Fed Could RespondDec 13, 2022 - 05:10:08 PST
Investment banks see inflation falling in November, but that may not be enough to protect the U.S. economy from a recession.
‘The Set-up Will Be More Like 1929’: Cathie Wood Just Warned of Another ‘Great Depression’Dec 13, 2022 - 05:08:08 PST
The U.S. Federal Reserve has been raising interest rates aggressively in an effort to bring inflation under control, and all signs point to another hefty hike coming tomorrow. According to Ark Invest’s Cathie Wood, this could have serious consequences. In a series of tweets last month, Wood compared the current situation to events that led up to the Great Depression.
Top Economist Mohamed El-Erian Says the Fed Will Face These Two ‘Unpleasant Choices’ Next YearDec 13, 2022 - 05:06:55 PST
“This is what happens when an inflationary moment is allowed to get embedded into the economic system,” El-Erian said.
Blackrock the World’s Largest Asset Manager Says Central Banks Are ‘Deliberately’ Causing RecessionsDec 13, 2022 - 05:03:40 PST
Many experts have already sounded the alarm on the U.S. economy. But you still want to pay attention to what BlackRock — the world’s largest asset manager — has to say for a very simple reason: it’s predicting a recession unlike any other.
The Federal Government ran a deficit of $249 billion in November. This is the highest monthly deficit since July 2021 if you ignore the one-time student loan forgiveness-driven deficit in September.
Will the Federal Reserve pivot? That's the question on everybody's mind.But why does it matter so much?
US Government Runs Another Massive Budget Deficit; This Is Bad News for the Fed Inflation FightDecember 13, 2022
The US government ran a massive $248.5 billion deficit in November, according to the latest Monthly Treasury Statement. There was only one month in fiscal 2022 with a bigger budget shortfall. This is bad news for the Federal Reserve as it tries to raise interest rates and shrink its balance sheet to fight price inflation.
U.S. SHALE OIL FIELDS BECOMING EXHAUSTED: Forensic Analysis Shows New Production Isn't Offsetting The Large DeclinesDecember 13, 2022
New Forensic Analysis shows that the U.S. Shale Oil Fields are now becoming Exhausted. While the U.S. Energy Information Agency continues to report rising oil production in several top shale fields, the data I have found suggests quite the opposite...
Mike Maloney can’t stay silent any longer… Today, he’s coming out with a dire warning aimed right at the Fed calling attention to the precarious situation our economy is in.
Contrary to equities and corporate bonds, the yellow metal has delivered positive returns in five out of the last seven recessions.
The price of silver will move to our first bullish target of 34.70 USD in 2023. We see a test of 48 USD soon after, not later than 2024.
Investors are anticipating the year ahead and what to expect for precious metals like silver and gold as 2022 draws to a close. The gold price was highly unpredictable in 2022. The price of silver has seen an outstanding run this past few weeks after dropping below the $18 in late September. So where are we headed in 2023?
In this week’s Live from the Vault, Andrew Maguire joins publisher and analyst London Paul to explore a multipolar metals market, following the reveal that China bolstered its gold reserves after offloading hundreds of billions of US Treasuries in recent months.
First, they told us that the housing market was fine, and the rapid spike in prices was a healthy sign. Then, they were forced to admit that we were in the largest housing bubble ever. And now, the Dallas Fed is warning that a 20% correction is likely to occur, even though home prices have risen on average by 47% over the past couple of years. c
The clueless technocrats are about to discover that unfairness and exploitation can't be measured like revenues and profits, but that doesn't mean they're not real.
Dec 12, 2022 - 12:02:38 PST
Some 61 per cent of North American employees are more stressed about their finances today than they were a year ago.