by visualcapitalist Most investors would agree that Amazon has been a winner during the COVID-19 pandemic. After all, in two short years from 2019 to 2021, sales soared to $469 billion from $280 billion and their market cap surged towards a $1.7 trillion valuation. But even the …
Gaming can get expensive pretty fast, especially with all the underhand tactics gaming manufacturers use to get players to pay more. If this is becoming a problem for you and you’re spending more than you can afford to on games, …
Recession secured: BofA joins JPM in slashing Q1 GDP, now sees just 1% in Q1, says "risk of negative growth quarter are significant" GDP will turn negative in a few weeks once econ is hit by fiscal headwinds and as …
by Shaun Richards Yesterday brought some relatively downbeat news for the German economy. It’s main industry body gave its view on developments. For Germany, the BDI expects GDP growth in the order of 3.5 percent this year – after 2.5 …
by Martin Armstrong Demand for rentals in the US is increasing at an alarming pace. Single-family rentals rose 10.9% in October year-over-year, according to a report by CoreLogic. There are simply not enough rental properties available to meet demand. Vacancy …
Fresh vegetable prices in China surged by 30.6% in November from a year ago, according to the National Bureau of Statistics. The price of pork, a staple in Chinese diets, remained well bellow the highs of last year with a …
by confoundedinterest17 If this what the Biden Administration had in mind? Soaring labor costs at the same time that labor productivity is falling to its lowest level since 1960? Powell and the Gang’s monetary approach doesn’t seem to be working for …
by Shaun Richards This morning has seen signs of quite a pick-up in inflation in France. Let us start at the beginning of the inflation chain. In October 2021, the rise of industrial producer prices reached 2.6% over a month …
Let them eat electrons, says Pete Buttigieg, representing the supposed party of the working class. In an MSNBC interview yesterday, the occasional Secretary of Transportation told Americans that relief from high fuel prices were on the way — not by …
READ: https://www.judicialwatch.org/biden-t… Judicial Watch announced recently it obtained White House travel records from the Secret Service in response to Freedom of Information Act (FOIA) requests for all records concerning the use of U.S. Government funds to provide security and/or any …
by Martin Armstrong Expect to pay at least 14% more for this year’s Thanksgiving festivities, according to the American Farm Bureau. The bureau estimates that a feast for ten will cost $53.31 this year, and I would personally like to …
Inflation has most definitely arrived, and 2021 will see record costs for a Thanksgiving dinner. Where will central bank inflation show up next? Should we just do as the Fed suggests and start eating soy? Most importantly, how can we …
(Bloomberg) — Amid the inflation surge that’s rippled through the U.S. economy and touched thousands upon thousands of products, one of the more obscure items on the list is firewood. It’s a fuel from earlier times, so niche an industry that no …
https://medium.com/@ryan79z28/im-a-twenty-year-truck-driver-i-will-tell-you-why-america-s-shipping-crisis-will-not-end-bbe0ebac6a91 What is going to compel the shippers and carriers to invest in the needed infrastructure? The owners of these companies can theoretically not change anything and their business will still be at full capacity because of the backlog …
by OrcaBull Thesis: Lifting of government restrictions in many places lets people get back to enjoying a dine-in experience at a restaurant and demand for at-home meal ingredients will soften. People for the past year were experimenting with exotic ingredients as they …
by confoundedinterest17 U.S. employment costs rose at the fastest pace on record in the third quarter as companies across a variety of sectors raised wages against a backdrop of labor shortages. The employment cost index, a broad gauge of wages and …
When Donald Trump was president in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos. Freightos also revealed that shipping …
https://www.youtube.com/watch?v=cFtGtVkSKVU Frank Barbera, Senior Portfolio Manager for Financial Sense Wealth Management, looks at surging shipping costs, the precious metals market, and underlying technical indicators for the S&P 500.
by seacaptain200 I often see posts from people who are tired of “throwing money away on rent” and want to buy a home because “the mortgage would be less than rent.” Rarely, if ever, do people take into account how much …
“Yes. Yes. We have been screwing you against the wall 24/7 since we got in office 9 months ago. But please oil and gas industry, help lower prices.” How stupid are these people? You can't make this stuff up – …
Source: https://nypost.com/2021/10/06/cost-of-inflation-to-american-household-extra-175-a-month/ That’s IF you can find the damn items on the shelves… h/t schism
The relentless rise in natural gas prices continued on Oct. 6, highlighting the looming threat to U.S. households bracing for higher heating costs in the event of a harsh winter. U.S. natural gas futures were up 1.11 percent at $6.312 …
Writing back in January about President Joe Biden’s order to kill the Keystone XL Pipeline, I warned that that action was just an opening volley in a war on the domestic oil and gas business that would only intensify over …
With Republicans now having blocked a Senate vote on raising the debt ceiling, the two other pressing needs of the moment (and the hopes of the Biden administration) seem more uncertain than ever. As Doug McKelway reports, the president’s trillion-plus …
(Bloomberg) — Natural gas futures have been soaring, and they’re set to get especially high in New England and California in the coming months.Most Read from BloombergU.S. inventories are tight, to the point where a harsh winter could mean a …
Surging energy prices are weighing on European wallets — and the bloc’s climate plans. Concerns over a popular backlash were evident Tuesday when members of the European Parliament debated the European Commission’s Fit for 55 climate legislation proposals. “Citizens start asking …
by Shaun Richards This morning has been one for team inflation. As ever the situation was one where the expectations were caught out although not if you had listened to this week’s podcast. So let us get straight to it. …
https://twitter.com/disclosetv/status/1437566054805524482
by Shaun Richards The Covid-19 pandemic has affected businesses and economies in many ways but as 2021 has developed it has hit us at a point which was previously considered a success. If we look at in terms of manufacturing …
by: Jp Cortez The somber photos and videos that have come out of Afghanistan lead many to wonder whether the 20-year conflict was worth the cost. According to the Associated Press, through April, more than 172,000 people (American and otherwise) have …