Gold has all the potential to go unprecedentedly high. But silver will be gold on
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It sticks to plan, QT like clockwork: What the Fed did in details & charts, and my super-geek extra-fun dive into the “To Be Announced” market for MBS.
Here is an explanation from Joseph Wang, a former senior trader who handled QE trades for the Fed.
Further, while liquidity remains poor and global financial conditions tight, stocks remain mired in a bear market, meaning a sustainable rally is off the cards, steep sell-offs are an ongoing risk, and the VIX should stay elevated.
The summer heat is still lingering in the U.S., but a peek at domestic natural gas prices is a chilling reminder of the kind of price spikes that could surface during the winter.
Europe's wealthiest nations face rising risks of civil unrest over the winter, including street protests and demonstrations, due to high energy prices and mounting costs of living, according to a risk consultancy firm.
The dollar was headed for its third weekly gain in a row and was near two-decade highs against other major currencies, as investors focused on U.S. jobs data due later on Friday that could bolster the case for aggressive interest rate hikes.
Under pressure from central bankers determined to quash inflation even at the cost of a recession, global bonds slumped into their first bear market in a generation.
According to the BLS, the economy added 315k jobs in August, which was on par with analyst estimates. While the job numbers continue to appear strong, a deeper look into the data shows some trends that may indicate weakness.
The Kansas City Federal Reserve Bank published a rather surprising paper that swerves into the truth - the Fed can't win this inflation fight. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the paper. He also discusses the possibility of a dollar decline and gives his first impression of the August jobs report.
Is the Federal Reserve worried about the tanking mortgage and housing market? If their holdings of mortgage-backed securities (MBS) are any indication, the answer is, yes.The Fed has finally started shrinking its overall balance sheet as promised, but they are not shedding MBS according to plan.
Two weeks ago on this program, in our weekly market recap, financial advisors Lance Roberts made the statement: "All the fundamentals are bearish, but the all technical action is bullish".
MASSIVE GLOBAL ECONOMIC PONZI SCHEME UNCOVERED: The Devil Is In The Energy & Massive Debt DetailsSeptember 2, 2022
If you think the economy is in bad shape now, wait until you watch this video update. The Global Economy is a Ponzi Scheme that is being propped up by a massive amount of debt. How much debt? Well, in just the last three years, total global debt surged by 23%, a stunning $56 trillion. Thus, Debt is the New Economy... LOL...
Some Big Market Players Are Starting To Fear a Major Policy Error From a Central BankSep 1, 2022 - 12:47:42 PDT
CrossBorder Capital believes central banks are sucking too much liquidity out of financial markets too quickly, and Howell pointed to a recent hawkish shift by some European Central Bank policymakers, which he said may trigger euro instability and eventually a liquidity pivot from central banks in 2023.
If the US Federal Reserve continues to hike interest rates in large increments, as Fed Chair Jerome Powell recently suggested, economic growth, financial markets, and people’s well-being will suffer. It won’t be pretty – and it won’t be right.
Russia will not export oil to countries that support the US-proposed price cap mechanism, Deputy PM says
Argentina's central bank could hike the benchmark interest rate to 75% this month, a source with direct knowledge of the board's discussions said on Thursday, in a bid to support the embattled peso currency amid one of the world's highest inflation rates.
Many grocery stores are shrinking the size of their packages while keeping prices the same or even raising them, a phenomenon known as “shrinkflation.” Consumers aren’t happy with the development. And while some are just accepting it, others are not and are combating it.
California demands all new vehicles sold be electric/hybrid vehicles by 2035. Not to be outwoke by CA, Washington State is amping it up by demanding all light vehicles registered be fully electric by 2030!
Sep 1, 2022 - 11:38:47 PDT
Slippin’ into darkness! US labor productivity output per hour declined -4.1% QoQ in Q2 while unit labor costs rose 10.2% QoQ.
Sep 1, 2022 - 11:35:01 PDT
Russian General Staff chief, Gen. Valery Gerasimov, will personally oversee the drills involving troops from several ex-Soviet nations, China, India, Laos, Mongolia, Nicaragua and Syria.