Peter Boockvar: The Future Is Stagflation!

George Gammon, Released on 5/30/20 Peter and George take a deep dive into stagflation, inflation, deflation and what that means for the US dollar, commodities and gold. How will the lockdowns and the reopening affect the economy long term? Will YOUR LIFE ever be the same? Peter Boockvar is the Chief Investment Officer of Bleakley … Read more

El-Erian Says Talk of Yield-Curve Control, Negative Rates Is ‘Sobering’

Bloomberg, Released on 5/29/20 Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, says talk of more unconventional monetary policies makes central banks feel forced to do more. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of … Read more

“DC is starved for cash and figures drivers are an easy target. You have to try hard to keep your car from going over 20 miles an hour.”

NEW SPEED LIMIT TURNS DC INTO GIANT SCHOOL ZONE: Cash-starved DC has come up with another boneheaded revenue scheme — set the city speed limit to 20 miles per hour. Which is practically cruising speed. The new law takes effect June 1. 7/ The new speed limit will go into effect this Monday, June 1st. … Read more

The “made in China 2025” initiative is dead in the water

by NineteenEighty9 For those unaware, the made in China 2025 initiative was initially designed to facilitate china’s rapid rise through the value chain and away from low cost manufacturing toward more high tech industries of the future. China aims to move away from being the “world’s factory” (producing cheap, low-quality goods due to lower labour costs and … Read more

Powell says Fed policies ‘absolutely’ don’t add to inequality… Food prices see historic jump; Likely to stay high

(Bloomberg) — Federal Reserve Chairman Jerome Powell cast the central bank’s actions during the coronavirus crisis as aimed squarely at helping U.S. workers, a tactic to head off criticism which has dogged it since the last recession: that its policies primarily serve Wall Street and wealthier Americans. The Fed’s flurry of emergency lending since mid-March … Read more