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DEAD AHEAD: The U.S. Natural Gas Crisis Market Heading to Deficits & Much Higher PricesMay 29, 2022
Americans better be prepared to pay much higher prices for energy as a Natural Gas Crisis is about to hit the United States. While the rest of the world has been dealing with skyrocketing natural gas prices, the U.S. has been spared, but that will change in the next 6-12 months....
The long-anticipated market bounce in stocks & bonds is now underway. How long will it last & how high will it go? Is this a resumption of the bull market? Or should investors use this rally as a gift from the market gods to sell, in preparation of lower prices ahead?
May 28, 2022 - 09:47:34 PDT
They say the smart money is in the bond market.
But that hasn't kept it from having one of its worst starts to the year ever, as yields have risen substantially since January, bringing price down hard.
When the bond market speaks loudly like this, the wise investor listens.
As we look at the environment now, what is the bond market telling us is likely to happen next?
To find out, we welcome back macro analyst & former portfolio manager Alfonso Peccatiello to the program.
The following provides an in-depth analysis of the COMEX futures options market for gold and silver.Gold: Recent Delivery MonthGold started June delivery with 22,394 contracts outstanding. This is below April and December, but above August, October, and February. It is about on par with last June.
In this report, we provide our current outlook for silver. Ultimately, we believe recent market dynamics are creating short-term headwinds for precious metals from a monetary standpoint, but those trends could reverse – and silver supply constraints are likely to become more relevant in the face of sustained demand, with notable momentum in silver’s industrial uses related to the green energy transition.
The gold price pared some early losses overnight as investors continued to move out of the US dollar making it cheaper to buy the safe-haven precious metal. At $1,853, XAU/USD is a touch higher in Asis, chalking up 0.18% of gains at the time of writing as it moves in for a fresh high on the day at $1,854.27 so far.
Many economists believe that during an economic slump government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable money.
It is a well-documented fact: merger and acquisition waves tend to coincide with stock market peaks and their immediate subsequent downturns. solis-mullen_picture1.png The latter phenomenon is fairly easy to understand.
May 27, 2022 - 12:38:02 PDT
On Tuesday, the New York Fed’s trading desk released its annual report showing what it was up to in 2021. The New York Fed is the only one of the Federal Reserve’s 12 regional Fed banks to have a trading desk operation with speed dials to Wall Street’s trading houses, so we’re always interested in reading the “official” version of what’s been happening there.
Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
May 27, 2022 - 12:14:03 PDT
The Advance Inventory Data (preliminary) from the commerce department shows inventories continue to rise.
For months, the specter of a global hunger crisis has been looming. The war in Ukraine is a compounding factor, blocking key value chains for food and fertilizer just as the world reckons with the impacts of the COVID-19 pandemic on global hunger.
Leaders called for increased mobilization to resolve a humanitarian crisis that has left millions displaced and more than 280 million suffering from malnourishment.
Most of U.S. West Is in Severe Drought as Peak Wildfire Season Looms: WSJMay 27, 2022 - 11:42:55 PDT
Much of the West has been mired in a drought stretching back to the beginning of the century—the driest in 1,200 years, according to tree-ring records analyzed by researchers from the University of California, Los Angeles.
History and a look at the world today indicates that “high” inflation eventually leading to a currency crisis is the norm, not the exception. That some years are perceived to be more ruinous to dollar purchasing power than others misses the long term trend, or inevitable conclusion of a debt based monetary system.
Many argue that Fed policy is the main reason financial assets rose to record highs over the past decade. Many also argue that the horrible performance of both stocks AND bonds this year are due to a switch in Fed policy. Which, mind you, was made to combat raging inflation, which can also be argued the Fed is responsible for creating.
May 27, 2022 - 09:56:57 PDT
Mohamed El-Erian, Bloomberg Opinion Columnist and President of Queens' College Cambridge discusses the dollar's strength, the impact of a Windfall Tax in the UK, and the Fed's path forward.
At the end of the day, that’s the greatest central banking sin of all: It has turned the nation’s politicians – including so-called progressives – into Sunday afternoon warriors who are a menace to the nation, and, for that matter, to the entire planet.
Newly disclosed documents have shed a crack of light on secret executive branch plans for apocalyptic scenarios — like the aftermath of a nuclear attack — when the president may activate wartime powers for national security emergencies. Until now, public knowledge of what the government put into...
Cooling U.S. Inflation Builds Case for September Slowdown in Fed Rate HikesMay 27, 2022 - 09:07:02 PDT
Evidence U.S. inflation is cooling will not budge Federal Reserve policymakers from half-point interest rate hikes planned for upcoming meetings in June and July, but may prompt a shift to smaller rate hikes come September if the trend continues.