The spending bill will keep the government open until Dec. 22.
It sure looks like tax cut money is going to be spent on buybacks instead of hiring people or giving them raises
BREAKING: Tax bill could be in trouble. If Corker stays solid, Collins is unlikely to get her way.
"Average selling prices for goods and services showed one of the largest increases recorded over the past four years."
Albert Edwards has peered into the future, and he sees the whites of inflation’s eyes. How can the head of the Societe Generale’s global strategy “team” tell? The very individualist Edwards notices that Americans are set to take more holidays …
Assuming that the BLS' estimate of avg hourly warnings growing only 0.2% in November is accurate, it would imply that - as has often been the case - the bulk of job growth in November took place in minimum-paying and other low-wage jobs.
“Balance sheet normalization?” Well, in baby steps. But the devil is in the details.
Eric says the physical market is tight already, and if smart crypto holders move into gold & silver, the market could blow...
Every one of the most successful assets allocators maintains significant exposure to real assets at all times, whether it be gold, real estate, TIPS or commodities.
This has led many people to ask where the inflation is because the Fed has created trillions of dollars since the financial crisis.
So many people have fallen into the credit card trap, Americans owe a collective $1 trillion in credit card debt, according to the Federal Reserve.
(Starts Resembling a 30-year Mortgage) SOMA has declined by $2.5 billion. To $4.2 TRILLION. How big is $2.5 billion unwind? It is so big that you can barely see it! At this rate, it will take around 30 years…
"Everything is awesome" in the economy as the November jobs report beats expectations...
The U.K. and the European Union struck a deal to unlock divorce negotiations, opening the way for talks on what businesses are keenest to nail down -- the nature of the post-Brexit future.
There was the usual disappointment in wage growth, with avg. hourly earnings rising 0.2% m/m, below the consensus estimate of est. 0.3%, with the October number, revised lower to -0.1%.
Jim says no matter what the Fed does next week, it's like a coin toss where "heads I win, tails I don't lose"...
Peter says that once the fiat currency crisis takes hold, there will be an exodus from cryptocurrency and into gold and silver...
John says that the action in the gold market has departed from the script. Here's what it means...
When I was a kid, my mom always went shopping on the day after Christmas. She wasn't going out to spend her Christmas cash on some goody Santa failed to leave under the tree. She went out with the express purposes of buying Christmas cards, wrapping paper and decorations.But why go out and buy Christmas items the day after Christmas? After all, you're not going to need that stuff for about 11 months.
The Federal Reserve is in the midst of inflating its third big bubble. During an interview with Greg Hunter last month, Peter Schiff said the third time isn't going to be the charm.