There was a remarkable statistic in the latest Flow Show report from BofA’s Michael Hartnett: according to the CIO’s calculations, “the Fed is spending $336 million every 60 minutes buying bonds, while the US federal government is spending $875 million every hour …
by Shaun Richards It is time again to look across to Nihon or the land of the rising sun. On the one hand it is getting ready to stage the Olympics and on the other there are a rising number …
The new real estate normal STAR, Idaho — The new “For Sale” sign had been posted in the yard for less than 10 minutes when the first visitors started driving by the house, slowing down and stopping to take pictures. …
by Peter Schiff of Peter Schiff Podcast Fed forced to admit that inflation will be higher and last longer than they predicted. June CPI numbers come in almost double Fed’s expectations. Highest monthly CPI increase in 13 years. Stock indexes are not a …
Howe Street, Released on 7/16/21 Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
by Mike Shedlock The CPI Measures Inflation and Other Widely Believed Economic Nonsense The Fed, mainstream media, and others have a spotlight on the CPI and that’s the wrong spotlight. Chart Discussion In the chart above I plot the Case-Shiller …
White House quietly signals inflationary run could last years The White House is sending mixed messages on the United States’s post-pandemic inflationary run, with quiet signals suggesting the period might last years longer than administration officials have publicly indicated. The …
For the first time ever, Junk-Bond Rally Pulls Yields Below Inflation https://www.wsj.com/articles/junk-bon… Within only 2-3 months after corporate bond and credit markets froze up completely in February and March 2020, Wall St bond salespeople restarted selling (and increasing) massive amounts …
Retail Sales YoY: Huge soar…huge decline👀Bubble is over🧐 pic.twitter.com/o8fnGv9p4Z — Antonio Pérez-Algás (@apanalis) July 16, 2021 UMich missing, inflation expectations soaring – this is a perfect toxic cocktail for the consumer — Alastair (@StockBoardAsset) July 16, 2021 Looking at this …
by confoundedinterest17 The University of Michigan consumer survey was released this morning and revealed that their consumer sentiment index fell to 80.8 (the index was around 100 prior to the Covid outbreak in March 2020). Inflation expectations for the coming 12 …
by Shaun Richards This has been a bad week for central bankers as we have seen inflation soar above their predictions. The 5.4% for US CPI is not what the Federal Reserve explicitly targets but suggests a trend well above …
We’re f^cked. www.kitco.com/news/2021-02-24/Jerome-Powell-says-money-printing-doesn-t-lead-to-inflation.html# Quote:In response to a questions posed by Congressman Warren Davidson about whether “M2 [money supply] going up by 25% in one year” is going to “diminish the value of the U.S. dollar,” Powell responded, “there was a …
Inflation is everywhere today! Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on markets right now globally because of the inflation of the money supply. As …
#FedHistory pic.twitter.com/j6S4V0ib6b — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) July 2, 2021
by David Haggith When asked about where inflation is now and how it relates to how high the Fed thought inflation would reach and what the Fed’s targets for inflation really are, Powell made it clear that inflation is running …
Do you feel the fear of missing out? This is evident in stocks and real estate today. Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on …
by Chris Vermeulen of The Technical Traders As the markets react to the somewhat shocking CPI and Inflation data while Q2:2021 earnings continue to roll across the news wires, we wanted to take a minute to explore the recent Fed comments related to …
by Charles Hugh-Smith Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill. America’s labor shortage is complex and doesn’t lend itself to the simplistic expectations favored by media talking heads. The Wall Street …
Another inflation siren sounding: Producer prices post record spike. Just one day after reporting the highest inflation for consumers since the Great Recession, the Bureau of Labor Statistics sounded another alarm, this time with June’s producer price index. The PPI …
by Shaun Richards Yesterday brought troubling news on the inflation front as the US CPI measure of inflation rose to 5.4%. Personally I was more bothered by the annual rise of 0.9% due to the problems at the moment with …
Global riots are heating up as food inflation keeps rising. — SolidusMax (@SolidusMax) July 14, 2021 – Indian households selling gold family heirlooms to keep themselves afloat – Riots in South Africa & Cuba partially driven by rising food prices …
by Michael Snyder How does it feel to live in a country with double-digit inflation? On Tuesday, the Bureau of Labor Statistics told us that the consumer price index has risen 5.4 percent over the past 12 months, and such …
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 …
Desmond Lachman, an economist and senior fellow with the American Enterprise Institute (AEI), told Breitbart News on Sunday that the U.S. is beginning to resemble a Latin American country given its inflation, government spending, and printing of money. “[The U.S. …
by confoundedinterest17 Inflation keeps rising and wage earners continue to suffer. Today’s inflation print shows headline CPI YoY at 5.4% and core CPI YoY are 4.5%, the highest since 1991. The problem is that real average hourly earnings printed at -1.7% …
Via SchiffGold.com, Consumer prices have been rising precipitously this year. If you annualize the Consumer Price Index through the first five months of 2021, you get a CPI increase of over 6%. Federal Reserve Chairman Jerome Powell continues to push the …
h/t Jim Quinn
https://www.youtube.com/watch?v=qHsaCwxteYU ECONOMISTS: Higher Inflation Here to Stay — for Years… Restaurant Posts Sign Blaming Welfare For Slow Service… Rent prices soaring as Americans flock back to cities…
Americans’ inflation fears reach another high as consumer prices surge Watch the latest video at foxbusiness.com Americans’ inflation fears reached a fever pitch in June, rising to the highest level since June 2013 as the price of consumer goods continued …
The World has watched the effects of their FAILED policies play out in nation after nation many times….each time with the same results and no matter how many times it happens these fools never give up on their “Utopian” dreams …