1. China reopening (I). “Still wonder why they are reopening? Hartnett shows it in one simple chart”. BofA (Hartnett) via TME 2. China reopening (II). Goldman Sachs “forecasts that China’s real GDP growth will rise 1.5 percentage points to 4.5% in 2023, …
The price Americans will pay for Tarp, Obamacare, PPP, and all Govt. programs that lead to the massive build up of debt since the 2008 financial crisis is #inflation. Double digit annual inflation will soon be a way of life …
by silvertomars You can roughly multiply these numbers by two for real world numbers. Look at the PPI for a much more reliable indicator, it is not subject to the “hedonic adjustments” for political purposes. Netherlands inflation Rate jumped 17%.
by David Stockman on Contra Corner: We don’t really care if June marked the inflation peak or not. Yesterday’s revelation that wholesale (PPI) commodity prices rose by 23.4% on a Y/Y basis in June is the far more important data point. …
by BoatSurfer600 Source: https://www.independent.ie/irish-news/news/cuckoo-fund-landlord-plans-to-beat-inflation-with-double-digit-rent-hikes-for-city-dwellers-41823512.html
Gas stations across the US are running out of fuel and in anticipation of an increase in gas prices, gas stations in the state of Washington are reportedly reprogramming pumps to include double-digit numbers in “price per gallon” as the …
Amid economic turmoil for the American people, their representatives in Washington gave their offices a double-digit raise this month even as the average American worker finds their real wages decreasing due to inflation that outpaces wages at new. If you …
The economy is returning to a 1970s era of higher inflation, potentially reaching double digits, said Mark Skousen, editor-in-chief of Forecasts & Strategies. Speaking to David Lin, anchor for Kitco News, Skousen’s comments come as CPI data released Tuesday showed …
by Sven Carlin Summary Ingredion could be a defensive food stock offering growth and a high yield. The dividend yield is 2.7% while the buyback yield for 2018 was 10%. Given the PE ratio of just 13 combined with expected earnings …
by Dennis Miller A New York Times (NYT) headline blared, “Too Little Too Late’: Bankruptcy Booms Among Older Americans”. They reference a Consumer Bankruptcy Project (CBP) study, “Graying of U.S. Bankruptcy: Fallout from Life in a Risk Society”: “For a rapidly growing share …
via confoundedinterest: Since 2007, the inventory of existing homes sales has generally declined while median prices have skyrocketed. And home price growth has been exceeding wage (earnings) growth by around 2x-3x. But suddenly, 50 metro areas have seen a surge of …
by DCG Surprise, surprise! From NY Post: New York health insurers requested double-digit increases as high as 47 percent for ObamaCare policies next year as the debate rages in Washington on how to overhaul the law. The average proposed increase …
The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982.The primary cause of the recession was a contractionary monetary policy established by the Federal Reserve System to control …