Month: January 2022

U.S. Yield Curve Flattens as Traders Mull Half-Point March Hike (Fed’s March Of The Toreadors Killing The Bull Market)

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by confoundedinterest17 Raphael Bostic and Goldman Sachs are both calling for dramatic rate increases to fight inflation … that they helped cause with their monetary stimulypto. I call this The Fed’s March of the Toreadors as The Fed now attempts to kill the bull market. (Bloomberg) — The Treasury yield curve flattened to the lowest level in over a year … Read more

Today’s Two Biggest Challenges to Your Retirement Savings

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Via Birch Gold Group It looks as though the next few years will be a bumpy ride for retirement savers. Not welcome news, considering the fact that today’s “stubbornly, persistently high” inflation looks like it will stick around. Even worse, some projections we’ve seen forecast a negative annual return on stocks for the next decade. With news like that, … Read more

The Fed Has No Real Plan, Will Likely Soon Chicken Out On Rate Hikes

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by Ryan McMaken of Mises Institute The Fed’s Federal Open Market Committee (FOMC) released a new statement today purporting to outline the FOMC’s plans for the next several months. According to the committee’s press release: With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target … Read more

Gavin Newsom, Eric Garcetti, and London Breed break the rules at NFL Championship game…

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Governor Gavin Newsom was living his best life unmasked around thousands of people at the 49ers game last night. San Francisco Mayor London Breed joined LA Mayor Eric Garcetti for fun with Magic Johnson. Magic is immunocompromised. Is Gavin Newsom trying to kill Magic Johnson? Here’s California governor Gavin Newsom, unmasked indoors at the NFC … Read more