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Negative-Yielding Bonds Has Plunged by About Two-Thirds From $14.1 Trillion to $4.5 TrillionFeb 9, 2022 - 05:24:02 PST
The pool of negative-yielding bonds has plunged by about two-thirds since late December, from $14.1 trillion to $4.5 trillion as of yesterday.
House Passes Short-Term Funding Bill To Prevent Government Shutdown Next WeekFeb 9, 2022 - 05:20:13 PST
With about a week until a federal government shutdown is set to begin, the House of Representatives on Tuesday passed a measure that—if approved by the Senate—will keep the government funded through mid-March while lawmakers try to negotiate a longer-term budget.
US Trade Deficit Exploded in 2021: The Price of 30 Years of Rampant GlobalizationFeb 9, 2022 - 05:16:54 PST
The US still exports a lot of stuff — record amounts. But it drowns under a tsunami of imports. And the services surplus fizzled.
The nation’s poorest households have been struggling for a very long time. However will increase in inflation, rates of interest and taxes are about to make issues worse. This text first revealed on www.washingtonpost.com
Almost overnight, inflation-linked bonds have become the hot ticket in global financial markets, pitting banks against hedge funds in a battle for market share and scarce trading talent.
High U.S. inflation may get even higher before subsiding in the face of Federal Reserve action and as supply chain strains recede, San Francisco Federal Reserve Bank President Mary Daly said on Tuesday.
December 2021 saw a total trade deficit of -$80.7B just shy of the record -$80.8B in September. The Goods Deficit increased by 3.2% to come in at -$101.4B, eclipsing the -$100B mark for the first time ever.The Net Deficit was kept in check by a surge in Net Services, which increased by 9.3% to $20.7B. YoY the Net Services is up a similar 9.1% but the Net Goods deficit is up 19.7%. The Total Net Deficit has increased by 22.7% YoY from -$65.8B in Dec 2020 to -$80.7B in Dec 2021.
Gold prices advanced to a near two-week high on Tuesday, buoyed by mounting inflation concerns and Russia-Ukraine tensions.
More risks may be building for U.S. equities than meets the eye, Bank of America Corp. analysts said.
How high could silver go in 2022? What about in 5 years...where could it be? What methods can we use to predict what might happen? Join Mike Maloney and Jeff Clark as they discuss Jeff's most recent article that answers all these questions...and more.
‘If You’re a Wage Earner You're Going To Fall Behind.': A Few Years Due to Inflation, Former Fed: MWFeb 8, 2022 - 12:19:06 PST
Former Federal Reserve insider Thomas Hoenig thinks the U.S. faces a painful reckoning because of high inflation.
Stock Market Is Starting To 'Show Signs of Cracking and Bursting': Harvard LecturerFeb 8, 2022 - 12:10:58 PST
The explosive growth in passive trading, a fear of missing out, and a blind faith in ‘celebrity CEOs’ have contributed to froth in high growth tech names, according to Harvard lecturer and renowned writer Vikram Mansharamani.
Feb 8, 2022 - 11:54:44 PST
Overall, U.S. household debt increased by $333 billion to $15.6 trillion last quarter -- $1.4 trillion higher than at the end of 2019. The vast majority of the increase came in mortgage balances, the largest component of household debt with a 70% share. All debt types saw gains, except student loans.
Aluminum surged to a 13-year high in London as booming demand and a swath of smelter closures from China to Europe bring the risk of shortages of the crucial industrial metal.
The Federal Reserve has a problem articulating how to, "step-back a plan," after kicking it into overdrive, says Nomi Prins, best-selling author and investigative journalist. With markets overacting to the Fed being late to, “doing their job,”...
Feb 8, 2022 - 08:59:55 PST
30 Trillion in debt and what do you get? Another day older and deeper in debt. What else do we get? Rising inflation and rising interest rates.
Feb 8, 2022 - 08:58:10 PST
But here we go again! Thanks to rising inflation, the ECB is threatening to remove the massive monetary stimulus. Sound familiar??
Let’s see how The Federal Reserve will handles its bloated balance sheet, particularly with a midterm election around the corner.
Feb 8, 2022 - 08:52:03 PST
Inflation is literally burning a hole though the pockets of Americans. The Flexible Price CPI is raging at 18% YoY. The Dallas Fed has their preferred measure of inflation, the trimmed mean CPI, is growing at only 3.05% YoY. The classic measure of inflation, CPI YoY, is growing at 7.12%.
The U.S. trade deficit grew in 2021 to the largest on record, reflecting a surge in the value of consumer-goods imports as the pandemic discouraged spending on services and drove more outlays for merchandise.