Gold has all the potential to go unprecedentedly high. But silver will be gold on
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In a new assessment, the North American Electric Reliability Corp. described regions of the country pushed closer to energy emergencies because of climate
FreightWaves founder and CEO Craig Fuller analyzes changes taking place in global supply chains.
Very low inventories of oil products in the United States and a shortage of refining capacity have laid the foundations for an oil shortage crisis in the United States this summer.
Truckers Are Facing An Existential Crisis As Fuel Prices Soar | OilPrice.coMay 20, 2022 - 07:45:22 PDT
Owner-operators in the transportation industry are grappling with sky-high diesel prices, leaving them with some tough choices ahead...
The average U.S. household’s gasoline expenditure has jumped to $5,000 a year over the past 12 months, from $2,800 this time last year, according to new research.
This is why the ruble is so undervalued, up until recently commodities had been driven below their cost of production through the corruption of all of us into the land of cheap money. It is why now, with the changes coming to the monetary architecture of the world, the ruble’s real purchasing power will finally be expressed, forcing commodity inflation in real terms on those whose currencies are overvalued.
Who Bought the Incredibly Spiking US Government Debt, Now $30.4 Trillion in Treasury Securities?May 20, 2022 - 07:38:03 PDT
The US gross national debt has now reached $30.4 trillion, having spiked by a $7.0 trillion since March 2020. Every one of these Treasury securities had to be bought and is held by some institutional investor, bank, government entity, or individual in the US or globally. The red-hot question is: Who the heck bought and is holding all these Treasury securities?
Stephen Roach Calls Stagflation His Base Case, Warns Market Is Unprepared for the ConsequencesMay 20, 2022 - 06:18:00 PDT
Former Morgan Stanley Asia chairman Stephen Roach warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth.
The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the currency's breakneck 10% surge.
The Inflation Japan Wanted Is Finally Here, but Not for the Right Reasons: WSJMay 20, 2022 - 06:09:31 PDT
Nearly a decade after its central bank targeted 2% inflation, Japan on Friday finally reached its goal. But instead of celebration, the occasion prompted concern about the effects of high energy and raw-material costs on a struggling economy.
Stock traders still clinging on after this week’s vicious drop in US benchmarks had better tighten their grip -- OpEx is back to whip up more turmoil.
The yen has the potential to drop to levels last seen in 1990 on Japan’s deepening monetary policy divergence with the US, Eisuke Sakakibara said.
China’s plans to bolster growth as Covid outbreaks and lockdowns crush activity will see a whopping $5.3 trillion pumped into its economy this...
Chinese banks cut a key interest rate for long-term loans by a record amount, a move that would reduce mortgage costs and may help counter weak loan demand caused by a property slump and Covid lockdowns.
Worst Since 2008: China Stocks Face Big Risk as Thousands of Hedge Funds Near Have to Dump SharesMay 20, 2022 - 05:52:55 PDT
China’s almost-trillion dollar hedge fund industry risks worsening the turmoil in its stock market as deepening portfolio losses trigger forced selling by some managers.
]Investors fled most major asset classes in the past week, with US equities and Treasuries a rare exception to the massive exodus, amid concerns that tightening monetary policy will push leading economies into a recession.
The selloff in global risk-assets against a backdrop of surging inflation and slowing growth is only getting started, some market participants believe.
The late Nobel Prize-winning economist Paul Samuelson once quipped that Wall Street had predicted nine out of the last five recessions. This time, the stock market may be right.
Recession fears are intensifying on Wall Street, and investors might need to prepare for an economic downturn.
May 20, 2022 - 05:29:52 PDT
When Venezuelan immigrants in the United States see items missing from store shelves, they worry that the U.S. is headed to socialism.