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The global shift away from easy money is poised to accelerate as a pandemic bond-buying blitz by central banks swings into reverse, threatening another shock to the world’s economies and financial markets.
The dollar rose back towards a 20-year high on Monday as the euro struggled around the $1.05 mark, with investors preparing for a busy week of central bank meetings including a likely Federal Reserve interest rate hike.
The first shipments of Russian commodities paid for in yuan are set to arrive in China in April and May, and Beijing’s state media is using it as an opportunity to claim the status of the U.S. dollar is “at risk”
Is Another Stimulus Check Coming Soon? Here’s How Americans Could Get Relief From Rising Gas PricesMay 2, 2022 - 05:51:23 PDT
Gas prices are increasing and are set to go even higher in the summer. But lawmakers are considering sending stimulus checks
Another bright idea from the folks who brought you Modern Monetary Theory.
Japanese institutional managers -- known for their legendary U.S. debt buying sprees in recent decades -- are now fueling the great bond selloff just as the Federal Reserve pares its $9 trillion balance sheet.
A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds.
It’s Not Just Russia – China’s Also Contributing to Higher Inflation WorldwideMay 2, 2022 - 05:42:56 PDT
"The trouble with China is that it continues to act like a small country. Its policies often have the desired effect at home — say, reducing input costs to industry or one set of Chinese farmers or by increasing returns to another," the analysts wrote.
Food Shortages In Six Months – The Globalists Are Telling Us What Happens Next - Alt-Market.usMay 2, 2022 - 05:27:51 PDT
The IMF, the BIS, World Bank, The UN, the Rockefeller Foundation, the World Economic Forum, Bank of America and even Biden himself are all predicting a major food crisis in the near term, and it is not a coincidence that the policies of these very institutions and the actions of puppet politicians that work with them...
May 2, 2022 - 05:23:34 PDT
Seeing China’s financial hub Shanghai, home to 25 million, come to a standstill amid more than four weeks of lockdown has made those in Beijing nervous. The capital city has detected growing COVID-19 outbreaks and has rushed to conduct mass testing in a bid to contain the virus.
May 2, 2022 - 05:21:28 PDT
In March 2022, foreclosures surged 181% to highest levels since March 2020, with Chicago, New York, LA and Houston lead the pack. Some eight months after a nationwide moratorium on foreclosures expired, foreclosure filings soared to the highest level since the pandemic began.
The Bureau of Economic Analysis released the Personal Income and Outlays data for March last week. Incomes and consumer spending were both up. The data had mainstream analysts crowing about a strong economy and good news for American consumers. But digging into the data reveals a very different picture.
GDP contracted in Q1. The stock market has been tanking. The inflationary fire continues to burn. As Peter Schiff explained in his podcast, this all signals a recession. And yet the Federal Reserve is on track to raise interest rates. How is this going to work?
Americans need to be prepared because the Energy Crisis is getting ready to hit the United States. While Europe has been the focal point of high energy prices and shortages, it is beginning to hit the United States. And, this will only worsen in the second half of the year. Unfortunately, Americans have no idea that they are now suffering...
With sentiment souring as stocks & bonds both have their worst start to the year in decades, is it now time to start shorting the markets? Highly experienced short seller Bill Fleckenstein shares his professional opinion in this video.
Both stocks & bonds are having one of their worst starts to the year in history. Will the bloodletting soon stop? Perhaps setting up a rally? Or will it turn into a full-blown hemorrhage? Financial advisor Lance Roberts returns to share how he's positioning capital for what he thinks is most likely.
Since the peak on March 8, Managed Money has reduced its Net Long positions by 60k contracts or 43%. Despite massive selling, the gold price has actually held up fairly well. The last time Managed Money net longs dropped this low in February, gold was struggling at the $1800 level, versus the struggle at $1900 now.Please note: the COTs report was published 4/29/2022 for the period ending 4/26/2022. “Managed Money” and “Hedge Funds” are used interchangeably.
Apr 29, 2022 - 13:20:16 PDT
Underwater explorers in Madagascar discovered an extraordinary discovery: a 50 kilogram slab of silver with inscriptions, which is now being guarded on Sainte Marie island off Madagascar’s east coast.
Extreme Fed money printing has fueled the biggest inflation super-spike since the 1970s. The Fed trying to fight that is forcing these QE-levitated bubble-valued stock markets into a new bear.
Gold markets initially fell on Thursday to break down below the crucial $1880 level. However, by the middle of the session, it appears that there has been a complete change of heart, as traders have stepped in and started buying again.