Shortsighted policy decisions end up causing more problems than they solve.
Inflation is now reaching a crescendo. The fact is that inflation develops in stages in the economy. The first stage concerns the price of items being bought and sold by wholesalers. We saw this begin to surge starting in the middle of last year. And it was a global phenomenon. Paying more for something is
Keith Weiner says Tweets asserted the central banks must suppress the price of gold to prop up their currencies. and we note the absolute irony of this...
Today's 3-year Treasury auction brought a high yield of 2.280%, the highest since 2007. As The Fed keeps to their balance sheet unwinding (via letting notes and bonds mature), the 3-year note high yield keeps rising (rapidly). Now, the KC Fed's Esther George (a non-voting FOMC member) wants to speed-up The Fed's unwind of its…
As Treasury Borrowing Increases And Fed Tightens. Based on the number of bids that investors submitted versus the amount sold, average demand for 10-year notes has fallen to the lowest since October 2009. (Bid-to-cover compares the volume of secu…
(Last Time Core Inflation Was Above 2% YoY). The US Libor-OIS spread has risen to its highest level since January 2012. Q1 2012 was the last time that Core PCE Growth YoY (aka, “inflation”) was above…
This year, in an effort to save their businesses, the following retailers will close hundreds of their stores,…
Economies and markets may already be plunging off a cliff.
New study confirms that the poorest are being hit hardest by continuing austerity
The recent volatility in global financial markets should not deter top central banks from lifting interest rates or ending years of unprecedented stimulus, the Bank for International Settlements said on Sunday.
The dollar is little changed on Monday, following losses from the prior session that comes after the U.S. jobs report dampened expectations of aggressive interest-rate hikes from the Federal Reserve. Analysts are now turning to Tuesday’s consumer price inflation data, another indicator for future Fed policy, which could give the dollar more direction.
Hickey recommended cash and gold to survive any market turmoil.
“We promoted the sales tax exemption as a legitimate jobs and economic development issue with the legislators.”
Rational reason for 10% weighting in Gold
Sweden’s government wants to add supply to a housing market that’s just gone through its biggest price slump in a decade.
There is no master plan here. The world wanders deeper and deeper into the fog of the abyss, and there is no way of retracing our steps.
London house prices are falling at the fastest pace since the depths of the recession almost a decade ago, with the capital’s most expensive areas seeing the biggest declines.
"Cryptocurrency traders who thought they could hide their gains from the IRS should get ready for the mother of all tax nightmares."
SD Outlook: Gold & silver could be at risk of losing $1300 and $16 respectively. Here's why...