by confoundedinterest17 2022 is one of the record books and not in a Tiger Woods way. Call it a year of pain. First, the US enacted policies that drove up energy prices (goin’ green) that reverberated through the entire economy in the …
via theepochtimes: Frigid cold and blowing winds on Friday knocked out power and cut energy production across the United States, driving up heating and electricity prices as people prepared for holiday celebrations. Winter Storm Elliott brought sub-freezing temperatures and extreme weather alerts to about two-thirds …
by silvertomars https://www.wsj.com/articles/must-inflation-be-brought-down-all-the-way-to-2-11670162817 Slackers. I have been expecting this lovely notion to start being pushed for six months now. It’s pretty inevitable since even with the new and improved bullshit formula they are rolling out for inflation numbers they won’t …
by Chris Black This ride is just getting started. This is not the 1980s, and these normal methods of raising interest rates are not going to do anything but make it all much worse. https://twitter.com/gchahal/status/1597558950689648640 Frankly, the plan to stop …
Transitory inflation talk is back. But economists say higher prices are here to stay https://t.co/TfhqKQRjOG — Daniel Lacalle (@dlacalle_IA) November 30, 2022 Good Morning from #Germany, where supermarket prices keep rising. German Food CPI jumped 21% YoY in Nov, the …
by Shaun Richards This morning in Frankfurt ECB President Christine Lagarde has been setting out ger stall on monetary policy. In essence she is presenting herself as a doughty and valiant inflation fighter. For the ECB, displaying our commitment to …
Price inflation that is only from supply chain bottlenecks would go back to pre-bottleneck levels after the issue is resolved. Price inflation that is in significant part from monetary expansion stays at a new higher level indefinitely. — Lyn Alden …
This guy and the whole executive suite should be in jail but nothing will happen… h/t by sikeig
DIVERSITY PROBLEM: Over 99 percent of University of Wisconsin system professors’ political donations benefit Democrats. ANALYSIS: University of Wisconsin professors have plenty of support for Democrats, not as much for Republicans Over 99 percent of political donations by University of Wisconsin system …
While it's not uncommon for companies to lower the estimates for the next quarter around the earnings season, this quarter the magnitude of down revisions is way higher than normal. Another reason why this is a BMR, rather than a …
Patrick Yip of Apmex 3:10 in Two months ago or so, it was $8 over spot. two weeks ago, $10 over spot. h/t jlee2027
https://twitter.com/FinanceLancelot/status/1585646220634046464
by: Arsenio Toledo (Natural News) Turkey prices are currently 73 percent higher than they were last year, and might stay that way or get worse as Thanksgiving approaches. The price per pound for an eight- to 16-pound turkey is currently at …
by Boo_Randy These strikes are being led by leftist unions that are tools of the globalists. When will the French sheeple crack the code on the link between Money Printer Go BRRRR and soaring inflation? How long will they keep …
by confoundedinterest17 The US Producer Price Index (Final Demand) printed at a higher than expected 8.5% YoY, throwing cold water on the notion that inflation is “transitory.” A key US inflation measure due Thursday is set to return to a four-decade …
h/t BoatSurfer600
by Shaun Richards It has been an extraordinary few days with the Bank of Japan intervening to support the Yen and then the pressure switching to create something of a sterling crisis. But if we step back we see that …
by laflammaster The Fed is still talking about whether we have a recession or not. Meanwhile: 1. Interest rates higher than 2008 2. Bond markets trading it’s 2008 3. GDP fell for 2 quarters 4. Housing market crash began 5. …
The US has literally doubled its debt to GDP ratio in 15 years and they're telling the public they can go higher for longer without causing a major recession. Either they are lying to us & never really intend to …
via UPI: Children born as a result of a common fertility procedure involving frozen embryos may have higher risk of cancer, Swedish researchers report. In frozen-thawed embryo transfer, an embryo is created in a laboratory from an egg and sperm, frozen and …
The market is again pricing in an 80% probability of Fed raising rates by another 75 bps in September… New US home sales keep plunging as inventory surges to highest level since 2009. — unusual_whales (@unusual_whales) August 29, 2022 One …
by Michael Will you go to bed hungry tonight? Probably not. Most of my readers are in the western world, and for now just about everyone in the western world still has enough to eat. But in other areas of …
by silvertomars Many warning lights are now flashing red for the US housing market… US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High Mish Shedlock: The Average US Household Pays 47 Percent More for Electricity Than a …
A g20 nation completely destroyed by socialism. Estamos peor que Venezuela 🔥 pic.twitter.com/XfXqiVinTh — Ramiro Marra (@RAMIROMARRA) August 9, 2022 SS
By Egon von Greyerz Matterhorn Asset Management founder Egon von Greyerz recently spoke with King World News’ Eric King about current and future financial conditions: “What I see in the autumn is much, much higher metals, high commodity prices, oil prices, etc, and crashing …
Biden admin today making repurchase deals for our depleted oil reserves at mid-$90 a barrel. Phil Flynn reminds us that 2 years ago Dems refused to let Trump restock SPR reserves at $18.84 a barrel; they said it would be …
