by Graham Summers of Gains, Pains, & Capital The financial media is awash with gurus and pundits who argue that inflation is over because bond yields have fallen. None of these people are acknowledging a key fact however… That fact? That Bond (and …
by confoundedinterest17 To quote Dean Martin, “Ain’t that a kick in the head.” Real interest rates (nominal interest rates less the inflation rate) are more negative than anytime since 1975. The REAL effective Fed Funds rate (on the short end) is the …
Are most (or all) of Dr. Michael Berry’s controversial market call predictions the last 12-16 months coming true?
Key inflation indicator posts biggest year-over-year gain in three decades… The May core personal consumption expenditures price index, an important inflation gauge for policymakers, rose 3.4% from a year ago, in line with Wall Street estimates. That was the biggest …
by Shaun Richards Some days the economic news just rolls neatly into the current economic debate and this morning is an example of that. If we look at Spain we are told this. The annual rate of the general Industrial …
by Doug French via Mises Bloomberg uses the price of a certain bike, the Santa Cruz Hightower C R, to make the case that price inflation is upon us. This bike will set you back $4,749, a 10 percent leap from the first of …
by Michael Snyder They would like us to believe that what we can see happening right in front of our eyes is not actually real. Over the past year, our politicians in Washington have gone on the largest spending binge …
by GoldCore The fed’s inflation gamble continues… Are central banks trapped? Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price. Gold Price Daily Chart Fed …
Federal Reserve Balance Sheet vs U.S. Home Prices pic.twitter.com/y70MPWt8IP — Not Jim Cramer (@Not_Jim_Cramer) June 23, 2021 US 30yr yield less the core CPI is in territory not seen since the late 1970s.https://t.co/9RW7suMWpf pic.twitter.com/suE8f4V5Zi — Adam Tooze (@adam_tooze) June 22, …
From Birch Gold Group The “whack-a-mole” game of watching inflation fall and rise sharply over the past 25 years is disheartening at best. Here’s why… Inflation officially sits at 5 percent (the highest since 2008). The last 25 years of inflation rising and falling are shown …
CNBC, Released on 6/21/21 The Fed last Wednesday increased its inflation forecast and indicated two rate hikes in 2023. Fed Chairman Jerome Powell said central bankers were considering tapering their massive Covid-era bond purchases. Mohamed El-Erian, economic advisor at Allianz …
by confoundedinterest17 With The Federal Reserve’s prodigious asset purchases and rate suppression (not to mention Biden’s record spending), inflation is a concern. But now there is another problem on the horizon … deflation. If we look at commercial and industrial lending …
Just took my daughters out for 2 smoothies. Price (w/tip): $25 This spike in cost-push inflation better be "transitory"… — Adam Taggart (@adamtaggart) June 20, 2021 Disney – $800 hotel rooms and $100 sandwiches The cheapest hotel room in Disneyland …
Fed official sees first interest rate hike next year, not in 2023, thanks to inflation St. Louis Federal Reserve Bank President James Bullard sent markets tumbling on Friday when he predicted an interest rate hike in late 2022, earlier than …
"If inflation comes back, inequality gap will shrink." This is idiotic. Inflation is the most regressive tax. https://t.co/eYPhdkZnRq — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) June 18, 2021 Reminded me of this pic.twitter.com/Ee79MLkd7x — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) …
The Chamber of Commerce has issued a National Economic Crisis statement for the jobs situation. Also, food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx …
by Lance Roberts Much like “Humpty Dumpty,” despite the Fed’s best efforts, you can’t create permanent inflation from artificial growth. Currently, depending on whether you are “bullish” or “bearish,” there is much angst over the prospect of higher inflation. If you are bullish, higher inflation is a …
by confoundedinterest17 “The inflationary impulse is more intense than we were expecting,” St. Louis Fed’s Bullard. “There is some upside risk to that. You’ve got more reopening to occur in the second half of the year.” Well, Bullard is tied with …
by Peter Schiff of Peter Schiff Podcast Trade data uncovers what the CPI was hiding. Fed acknowledges the obvious; inflation is higher than 2%. Fed gives no indication of taper plans. Jerome Powell out-doves himself again. Paul Tudor Jones gets a gift from …
by Charles Hugh-Smith Is inflation “transitory” in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is “transitory”–but what about the real world that we live in, as opposed to the abstract funhouse of rigged statistics? Here’s …
by d00ns Here’s why: 1) Paul Volker had to raise rates to 20% to stop the inflation of the 1970s. WTF is 0.75% two years from now going to do? 2) In 2008 the Fed said QE and low interest …
by confoundedinterest17 The Bloomberg Commodity Index is up 20% this year and on pace for its best year since 2003. This surge has not only fanned inflation fears, but it has created a bullish breakout in the long-term Bloomberg Commodity Index. As …
https://www.youtube.com/watch?v=pBAzfqT3CyE 8 million Americans are due to be homeless as evictions and foreclosures start to roll in. The Federal Reserve warns that they were wrong and inflation will increase into 2024. Stock up on rice, canned food, and grow a …
by Adam Taggart, Wealthion Are we about to see the return of crushing inflation like we suffered through in the 1970s? Because the prices of the essentials we need to live — food, fuel, housing…pretty much EVERYTHING — have suddenly exploded …
The Federal Reserve Is Slowly Starting To Admit It Has An Inflation Problem The best that can be said of today’s Federal Reserve meeting is that the Fed is no longer in total inflation denial. However, it certainly cannot be …
by Michael Snyder If you are shopping for a home right now, I really do feel sorry for you. Home prices in many areas of the country have officially crossed the line into “absurd” territory, and they just keep going …
by Shaun Richards Today has brought something of an inflation warning for the UK as we note this from earlier. The Consumer Prices Index (CPI) rose by 2.1% in the 12 months to May 2021, up from 1.5% to April; …
What exactly is inflation, why is it so dangerous, and how can it be stopped? I answer these questions by showing how inflation almost destroyed the country in the 1970s until Reagan came along and ended it. — Dinesh D’Souza …
