Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Jun 6, 2022 - 12:00:50 PDT
Toward Achieving the Price Stability Target in a Sustainable and Stable Manner.
Speech at the Kisaragi-kai Meeting in Tokyo.
Weakening corporate profit forecasts may provide the latest headwind to US stocks, which are likely to fall further before bottoming during the second-quarter earnings season, according to Morgan Stanley strategists.
The Japanese yen slid to a twenty-year low against the dollar, weighed down by the widening gap between yields there and in the US as the Federal Reserve pushes interest rates higher.
But we’ve had it so good for so long. And it was so easy, and it made everyone look like a genius.
Black Knight's Mortgage Monitor sheds more light on how much the Fed exacerbated the housing bubble with its unjustifiable QE program.
For everyone left out of the Fed's hyper-financialized, hyper-globalized, hyper-inequality "new prosperity," there's always the bargain salmon cassarole.
It has become a familiar sight over the past decade and a half: a supposedly venerable member of the financial elite tells us with utmost calm that what we think we are seeing isn’t really all that bad. The Fed already knows all about it and has already taken all necessary steps.
The Bank of Canada on Wednesday increased its policy interest rate (known as the overnight target rate) from 1.0 percent to 1.5 percent. This was the second fifty–basis point increase since April and is the third target rate increase since March of this year.
If you’ve purchased any airline tickets lately, you’ve probably noticed that prices are up. It’s quite a reversal from the days of covid lockdowns, when airline tickets could be had for half the price of 2019 fares. Or even lower, in many cases.
NATO has chosen to launch war games near Russia's border precisely when the US and UK are sending longer range multiple rocket launchers to Ukraine and when the Russian president has warned that any rockets hitting Russia would incur a big response. What's the game here? Bigger war?
Arthur Laffer Jr. said that inflation will get "higher" and will be here for "longer," arguing America's energy dependence has led to inflationary pressure.
Where does the future end and the Abyss begin? The Fed is staring at the most important decisions in its history. Can you face them?
S&P 500 Monthly Valuation & Analysis Review – 05-31-22. A deep dive into the fundamentals which drive long-term returns from J. Brett Freeze.
Jun 6, 2022 - 08:43:30 PDT
I made some modifications to the CrashTrak model in the data for 1929. I tightened up the timeframes to bring it more into line with a 'crash' as a singular event, and not the ensuing depression that resulted from the numerous policy errors by the Republican government and the Fed.
Jun 6, 2022 - 08:14:24 PDT
You better hope it doesn’t get Cold Outside. Because the cost of heating your house just rose 5.74% this morning (natural gas futures). To $9.01. Between Biden’s anti-fossil fuel policies and the war in Ukraine, natural gas futures are up 255% under Biden.
Jun 6, 2022 - 08:08:55 PDT
I call this The Federal Reserve’s Missouri Boat Ride. Meaning that The Fed has kept monetary stimulus in play for too long since late 2008 helping to lower mortgage rates from over 6% in November 2008 to 2.98% in November 2021. Then came “The Missouri Boat Ride” as The Fed signaled monetary tightening, leading to mortgage rates skyrocketing to their highest level since 2010.
Jun 6, 2022 - 08:05:43 PDT
This is not the legacy that will endear President Biden to voters. Regular gasoline prices have risen 101% under Biden. But it not just gasoline and diesel that are soaring (while the rest of us ar…
An ABC News survey has concluded that Joe Biden is a “serious drag on Democratic candidates nationwide,” as his approval numbers on all major issues are “badly under water”.
With inflation strangling the economy and Joe Biden's approval rating scraping along at a sub-Trump 41%, the White House is under increasing pressure to take conspicuous action against inflation soon.
The Economy Is ‘Clearly in the Process of Slowing Down’ Based on Employment DataJun 6, 2022 - 07:45:22 PDT
Hugh Johnson Advisors CIO Hugh Johnson joins Yahoo Finance Live to discuss the state of the economy, key takeaways from the May jobs report, and the outlook for both the Fed and the economy.