Donald Trump's decision to impose tariffs on steel and aluminum could cause major disruption for companies in Europe, a business lobbyist told CNBC.
Keep your friends close, your enemies closer, and your gold in your own nation's vaults.
(None Bought By The Fed). Today's US Treasury 30-year bond auction was strong. $13 billion were sold to the public and none purchased by The Fed for the first time since the December 12, 2017 auction. So far, so good. Despite massive Federal spending and projected budget deficits, Treasury auctions are going well. The 10-year T-Note Volatility index (TYVIX) has declined…
The quick technical-bounce stock market rally of last week changes nothing.
"The worse the policies get, the more likely that rich investors and institutions will fund the ever-rising federal debt. It will be the equivalent of pouring gasoline on the fiscal fire."
"The Fed would have investors believe that the rate hikes are already priced into capital markets, and QT is a nonevent, running in the background. Neither assumption is correct."
Expansionary fiscal policy, resurgent inflation spur revival
The monthly chart (left) highlights that the index is nearing the price level where it peaked in 2007
Credit hedge fund manager Capital Four is insulating its portfolios against the near certainty of a recession.
US corporate debt as a percentage of the GDP keeps rising
February Inflation Muted (Core 1.8% YoY), Real Hourly Earnings Decline To 0.37% YoY. Janet Yellen kept saying that inflation was just around the corner....
Pick your poison; inflation is arriving now and will continue to accelerate in a variety of guises.
It’s the 9th inning of the bull market — and there’s no chance of extra innings
"A number of triggers can develop at any time, not the least of which are escalating trade tariffs, heated rhetoric from East Asia, renewed market weakness, burgeoning inflation, or a host of other possibilities."
Gold prices turned higher Tuesday as the dollar lost its early advance when a reading on U.S. consumer-level inflation came in largely as expected and tempered expectations that the Federal Reserve could turn more aggressive with interest-rate moves this year.
"Gundlach finds it comical that the Fed has been trying to get to 2% inflation, yet we are already there."
Jim says the Fed now has no good choices of what to do, but investors can do something to protect themselves from the Fed's dilemma. Here's more...
"As the Fed attempts the 'Great Unwinding' from ten years of extraordinary monetary policy, there are no good outcomes."
"Recent trends in monthly data place core CPI inflation above 2% again by spring or early summer, and core PCE inflation could follow."