First we stole your savings income, then we transferred all the wealth to the top 1% and now we’ll finish off the bottom 50% with inflation we’ll refuse to measure.

https://twitter.com/NorthmanTrader/status/1346547452938170373 Both the U.S. dollar and Treasuries are selling off as commodity prices surge. As a weak dollar pushes commodity prices higher and bond prices lower, the Fed will print even more dollars to buy bonds to keep interest rates …

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Jeremy Grantham of GMO: “I believe this event will be recorded as one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.”

by essentialinvitation A very thought-provoking piece by Jeremy Grantham that I thought was worth of discussion on this subreddit: The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, …

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US Treasury OCC will allow US banks to use public blockchains and stablecoins as a settlement infrastructure in the US financial system

by sierratrading Breaking major news from US Treasury OCC, the largest US banking regulator, with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system. https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html    

Velocity of M2 Money Stock

It means we’re in deflationary spiral. The only reason everything is still sort of ok in the U.S. is because the rest of the world is in the same deflationary spiral, and it is currently driving down the value of the …

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As euphoria on Wall Street sends stock prices to astronomical heights, Main Street remains in crisis, with roughly 8 million Americans joining the ranks of the poor since June.

https://youtu.be/3-_1OEW-lQw Now, our country is essentially divided between those who patiently wait for some food in breadlines – after losing their ability to provide for themselves and, oftentimes, the roof over their heads – and those who sit comfortably at …

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IPO list 2021

by EasternBearPower Borrowed from our colleagues. Finance: Robinhood Affirm Coinbase Ascensus Better.com Stripe Marqeta Games: Roblox AppLovin E-Commerce: Poshmark Instacart ThredUp Coupang Enterprise Tech: Intercom DarkTrace UiPath Digital Ocean Gitlab Data: DataBricks ThoughtSpot Intapp Social: Bumble Nextdoor Consumers: Squarespace Coursera …

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Shorting $DXY in a deep recession is like standing on the train rail and believing a train will not run over you. The slightest sign of the economy contracting again and everybody will flock to the USD for safety.

https://twitter.com/MFHoz/status/1346510338158718980 BANKRUPTCY FILINGS pic.twitter.com/edqTuHm4Wg — Win Smart, CFA (@WinfieldSmart) January 5, 2021 https://twitter.com/MFHoz/status/1346504241729433605 Deflation.https://t.co/dd40vJCPn0 — Tracy Alloway (@tracyalloway) January 5, 2021 https://twitter.com/MFHoz/status/1346505823380533255 #recession … #Fed Pushing on a String edition#CPI #deflation 📉 https://t.co/Cl9a1ZyvLf — Invariant Perspective (@InvariantPersp1) January 5, 2021 …

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Will the Fed Support Gold Prices in 2021?

by Arkadiusz Sieron of Sunshine Profits Gold ended 2020 at $1,891, partially thanks to monetary policy easing. In 2021, the Fed may not trigger a comparable rally in gold, but it should offer gold prices some support. Welcome to 2021! I hope that …

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