UK inflation at 9.1% and probably 16% realistically
by SilverBoatSurfer Source: https://m.economictimes.com/news/international/world-news/uk-inflation-hits-new-40-year-high-of-9-1-in-may/articleshow/92381847.cms
by SilverBoatSurfer Source: https://m.economictimes.com/news/international/world-news/uk-inflation-hits-new-40-year-high-of-9-1-in-may/articleshow/92381847.cms
https://twitter.com/WallStreetSilv/status/1539718474494349312 NOW – Biden's energy secretary says "the only way out… is diversifying our fuel sources by deploying clean energy."pic.twitter.com/KTNziYZbRZ — Disclose.tv (@disclosetv) June 22, 2022 https://twitter.com/Breaking911/status/1539721142604283908 Biden Gas Plan Will Worsen Inflation
by Ray Dalio on Linked-in: Markets and economic movements are driven by much simpler and more commonsense linkages than most people articulate. I tried to describe the most important of these in my 30-minute animated video “How the Economic Machine …
President Biden’s hands-off approach to fighting the highest inflation in four decades poses major risks to the economy and his political fortunes. Biden made clear earlier this month he will do nothing to push the Federal Reserve away from increasing …
by Boo_Randy Canadians are going to get exactly what they deserve for electing this globalist stooge. https://english.alarabiya.net/business/economy/2022/06/20/PM-Trudeau-is-shirking-Canada-s-inflation-fight-Scotiabank-criticizes One of Canada’s largest commercial banks fired a broadside at Prime Minister Justin Trudeau’s government, warning that high levels of federal spending are …
Pres. Biden's Inflation is hammering everyone, particularly the poor. Just look at the price of eggs. It’s risen 32.2% in just one year. Welcome to Biden's America, where you need to win the lottery to afford your groceries. pic.twitter.com/AVP6FEnTmS — …
by AP9384629344432 One by one, the insane price increases we saw in 2021 and into 2022 are reversing or at least cooling down. It makes me think that through supply chains entering into overdrive and a looming recession, inflation will …
Self inflicted wounds from putting a gun to their body parts as EU runs headlong into a long & drawn out recession 👇 https://t.co/tZkXn5gnLl — bob gonzales (@BobgonzaleBob) June 20, 2022 https://twitter.com/Growth_Value_/status/1538832126954594304
by SilverBoatSurfer
Official warning – UK Treasury: UK citizens can no longer rely on wage increases to keep up with inflation. Britons cannot expect pay rises to keep up with the soaring cost of living, the government has warned. Treasury Chief Secretary …
by Martin Armstrong Fed Chair Jerome Powell was notably frustrated when pressured about the Fed’s role in inflation. During his Q&A session this Wednesday, Powell plainly stated that the Federal Reserve alone could not combat inflation. It is far more …
(Reuters) -The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising risk of recession will not stop its battle to bring down searing inflation that’s punishing …
by Boo_Randy The sheeple of the US, UK, EU, NZ, and Australia are going to pay a terrible price for electing globalist stooges who gave the Keynesian fraudsters at the central banks full rein to debase the currency and run …
by ISayBullish The Reverse Repo Program (RRP) is, in layman’s terms, a program where market participants lend cash to the Federal Reserve, in exchange for an interest rate of usually 0.8% and typically overnight in exchange for Treasuries or other …
Inflation is a global phenomenon. pic.twitter.com/8zCSzNj430 — The Intellectualist (@highbrow_nobrow) June 16, 2022 Soaring inflation is a truly global phenomenon, with the U.S. near the middle of the pack, according to an analysis of 111 countries. https://t.co/3Ji2Pgcolh — Axios (@axios) …
https://twitter.com/WallStreetSilv/status/1537150566824128513 https://twitter.com/WallStreetSilv/status/1537165936796524545 https://twitter.com/WallStreetSilv/status/1537157534309826560
Just to remind everyone … The guy that said the subprime problem was contained is now telling us the inflation problem is contained. — Jim Bianco (@biancoresearch) June 14, 2022
CNN senior data reporter Harry Enten said Tuesday night on CNN that President Biden was doing worse than Jimmy Carter on inflation and that American people were “holding him responsible.” Host Anderson Cooper asked Enten about inflation and how bad …
Worst annual % change (-6%) for auto dealers’ retail sales since May 2020 pic.twitter.com/yIo77oDSOG — Liz Ann Sonders (@LizAnnSonders) June 15, 2022 h/t Pristine_Humor5895
https://twitter.com/WallStreetSilv/status/1536831634409922562
Kitco News, Released on 6/14/22 Inflation won’t return to 2% ‘for the foreseeable future,’ says Adrian Day. He discusses the threat of stagflation, and what investors can do to protect themselves. Day, Chairman and CEO of Adrian Day Asset Management, …
The Federal Reserve’s missteps in waiting too long to tackle the greatest run-up in prices in four decades has shaken trust across markets and the American public that it is up to the task of curbing inflation. On the eve …
by lulzcakes Backwardation A commodity’s spot price trading lower higher than some given future contract is, in cases, normal (e.g. seasonality or perishable commodities). The backwardation we are seeing today is extreme by any standards. [Sorry, typo. Backwardation is spot > future. Although …
by David Morgan of The Morgan Report The rate of inflation, as measured by the consumer price index, reached a 30-year high of 8.3 percent. Think that is big? In 2020 the rate of inflation was only at 1.4%, so we are already …
https://twitter.com/WallStreetSilv/status/1535407950575157250 h/t dr0id
by: Stefan Gleason Friday’s Consumer Price Index Report sent shockwaves through financial markets. The 8.6% annual reading was yet another new multi-decade high – dealing a body blow to analysts who believed inflation pressures had peaked. Investors now fear the …
by Martin Armstrong Inflation in the euro area reached a record high of 8.1% in May across the 19-member states. It is no longer possible for the European Central Bank (ECB) to release optimistic or neutral forecasts. The ECB now …