U.S. Producer Prices Increased in August by More Than Forecast (Hot, Hot, Hot!) Fed Pouring Money Into Clogged System

by confoundedinterest17 Producer prices are getting hot, hot, hot! (Bloomberg) — Prices paid to U.S. producers increased in August by more than forecast as persistent supply chain disruptions squeeze production costs higher.  The producer price index for final demand increased 0.7% from the prior …

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US Labor Apr Nonfarm Payrolls +266K; Consensus +1M. If you can’t even closely forecast monthly jobs how can you even pretend to predict growth for next year?

The U.S. economy added 266,000 jobs in April, far below the Wall Street consensus of 978,000; unemployment rate 6.1% pic.twitter.com/C4yyXGvd4U — Reuters (@Reuters) May 7, 2021 *US Labor Apr Nonfarm Payrolls +266K; Consensus +1M — *Walter Bloomberg (@DeItaone) May 7, …

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In March 2021, the yield on a 10 year U.S. Treasury note averaged 1.61 percent. This forecast is for it to fall to 1.30 percent by November 2021

https://www.statista.com/statistics/247565/monthly-average-10-year-us-treasury-note-yield-2012-2013/ Mainstream consensus is 1.9% (if not 2.2%!) My own belief is sub-zero in August or Q4. In 1990 a multi-year downtrend began, ending in 1993. Also 2000 – 2003 and 2007 – 2012. All three episodes had “pauses” in …

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MMT on CNBC, Oil sale, Growth forecast

by WARREN MOSLER Well done Professor Kelton! Stephanie Kelton explains Modern Monetary Theory This is particularly ridiculous: U.S. offers up to 6 million barrels of oil from emergency reserve (Reuters) The U.S. Energy Department said on Thursday it is offering …

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Bitcoin Forecast 2019

by William Stickevers Bitcoin Forecast 2019 PDF Now Available The Bitcoin Forecast 2019 is comprised of a Blackbox graph and AstroSignature for Bitcoin. The Blackbox is like a Dow Jones Industrial Average using a horoscope of a person, event, or …

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Gold forecast raised on recession fears

The bank cites “a sharp deterioration in risk sentiment following soft macroeconomic data in December and renewed concerns about the future direction of growth.” From CNBC: Goldman Sachs has found the safe haven gold more attractive after a volatile December. The …

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The Week Ahead – Forecast (Nov. 12 – 16)

by ogordained Tuesday Pot stocks report earnings with Cronos reporting pre-market and Tilray reporting after markets close. Canopy Growth Corp will follow them pre-market on Wednesday Wednesday Macy’s reports earnings pre-market. The stock is already up 30% this year – beating expectations of $0.13 EPS may not be enough …

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BLUE WAVE UPDATE: HOUSE FORECAST

by William Stickevers Let’s talk about this upcoming Blue Wave, focusing on the upcoming House elections. NOTE: Democrats hold 194 of 435 seats, short of the 218 they need to regain control. Democrats need to nab at least 24 seats from …

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