Precious metals are apparently waking up. And here is where you can find the best deals.
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May 14, 2021 - 11:29:27 PDT
The Bear Traps Report founder Larry McDonald argues 'the whole world is set up for the past decade' and what's happening now is 'the tremors before the quake of a giant shift into more inflation protected portfolios.'
One of the most urgent questions in economics is why pay for middle-income workers has increased only slightly since the 1970s, even as pay for those near the top has escalated.
A similar pattern played out in the Dot-Com period where tech outperformed against commodities, catapulting the Nasdaq/CRB ratio to new highs from 1997 to March 2000.
May 14, 2021 - 10:13:11 PDT
"We’ve trod down the post-Bernanke path long enough to learn that the cost of following a policy of resource allocation by the Federal Reserve instead of allowing a modestly higher rate of inflation is lower growth of real income." ~ James L. Caton
May 14, 2021 - 10:11:33 PDT
As it turns out, however, there were risks in going big—risks that were both predictable and predicted. And now, even as the pandemic shrinks from view, those risks are turning into very real threats to the recovery. Instead of kick-starting the economy as promised, Biden's Rescue Plan is holding it back.
May 14, 2021 - 09:56:39 PDT
“The Fed seems to be planning for a very benign scenario that we certainly can’t count on,” he said.
Treasury yields slid on Friday after U.S. retail sales unexpectedly stalled in April as the boost from government stimulus checks faded and bond investors heeded the Federal Reserve's view that a jump in inflation will be temporary. The yield on benchmark 10-year U.S. Treasury...
Gold prices are back up to above $1800/oz, after bottoming below $1700. But the total combined assets invested into GLD and IAU has barely budged from the recent lows. That is actually a bullish development for gold prices, because it means that “the crowd” has not yet gotten in on the rebound in gold prices. They are not yet believing in it.
Monday is tax day. That means I have to send a big check to my overlords - a sacrifice to the gods of government if you will.Of course, sacrifice to the gods is nothing new.
May 14, 2021 - 07:56:15 PDT
Our trend-model suggests that we can reach 8% inflation this summer but whether it is enough to scare anyone, including the Fed, remains to be seen. The biggest monthly increase the US core inflation since 1982 hardly scared anyone but Robert Kaplan.
This Inflation Scare Is Exactly What the Fed Was Hoping to Avoid: BloombergMay 14, 2021 - 07:53:09 PDT
The clever monetary strategy enunciated last year only works if the public trusts the Fed to do the right thing.
U.S. public company insiders offloaded shares worth $24.4 billion this year through the first week of May, with about half sold through trading plans, according to data compiled by Bloomberg. That’s almost as much as the $30 billion total they disposed of in the second half of 2020.
Americans are becoming increasingly concerned about the cost of goods rising as expectations for inflation over the next year rose to 4.6% in the month, the highest in a decade.
CPI came in much hotter than expected. Fed Vice Chairman Richard Clarida actually said, “We were surprised by higher than expected inflation data.” But should we really be surprised by this? In this episode, Friday Gold Wrap host Mike Maharrey talks about inflation and suggests maybe you shouldn't be shocked. He also discusses the whacked-out labor market.
May 14, 2021 - 05:57:31 PDT
Money supply growth is feeding into economy and Powell’s position is wrong.
Gold rose on Friday, as the dollar pulled back from one-week highs after U.S. Federal Reserve officials downplayed an imminent rise in interest rates despite a sharp rise in inflation.
After hot-hot-hot inflationary prints this week, following dismal jobs data last week, all eyes are on this morning's retail sales data to discern if America's future is a stagflationary cornering of The Fed.
Yahoo Finance's Julia LaRoche spoke with DoubleLine Founder and CEO Jeffrey Gundlach about the Federal Reserve, inflation, stimulus, cryptocurrencies, and the economy.
Commodity costs are a lot larger than they’ve been for some time. Inflation within the U.S. is way larger than it has been for some time. How a lot are this stuff associated, and what do they portend for the longer term?
Glenn O'Donnell, a vice president research director at advisory firm Forrester, believes the shortage could last until 2023.