By Jeffrey A. Tucker at the American Institute for Economic Research: It’s in all the economic headlines now: the inflation threat is back. The Wall Street Journal reports: Inflation is back in the spotlight. Are we in for some surprises? First, let’s …
by Jody Chudley of Daily Reckoning It is a problem impacting everyone, including you. And it is hitting us right where it hurts — in the wallet. The issue is a massive shortage of truck drivers in the United States. American …
large cap panic bids — small caps negatively diverging Small Caps & WTI Synchronized Decline! Small Caps Warning Inflation Accelerating? Yup. ▪CPI (June): 2.9% = fastest pace since January 2012 ▪PPI (June): 3.4% = fastest pace since November 2011 Check …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Even the last doves are coming around to more rate hikes. “In June, most of the rise in the index for final demand is attributable to a 0.4-percent advance in prices for final demand services,” said …
Not only did the majority of US #households become dual #income, but home prices went parabolic So a home went from 2-3x one person’s income, to 5-6x two people’s income All part of the illusion… HOMES ARE NOT ASSETS-THEY ARE …
by John Rubino Economist Peter Bookvar recently analyzed the the anecdotal evidence of capacity constraints piling up in recent industry surveys, including the following: “Business is strong in all regions. Materials are tight. Trucking continues to be a major challenge.” (Chemical Products) …
via upfina: The year over year core PCE price index was up 1.955% in May. If you round the data up, the Fed has finally reached its target for 2% inflation. This means it beat out expectations by about half of …
Ronald-Peter Stöferle discusses why recessions can be good for precious metals. They are monitoring various leading inflation indicators which they say have reached a maximum. They document this in their report which you can find here. https://ingoldwetrust.report There is massive inflation …
DRUDGE: “VENEZUELA HELL: Inflation rises to 43,378%!” – VP Mike Pence Addresses the Crisis VENEZUELA HELL: Inflation rises to 43,378%! https://t.co/9vEi1pRLXM — NEWS MAKER (@NEWS_MAKER) June 28, 2018 Vice President Mike Pence Verified account @VP Venezuela was once a beacon …
from Financial Survival Network Sam McElroy is back… The numbers: A measure that tracks consumer prices shows the cost of living is increasing at the fastest pace in six years, reflecting a strong U.S. economy and ultra-tight labor market that’s stoking inflation. …
Economist John Williams sees a declining economy and says, “This is what I see happening. As the economy turns down, that’s a negative for the dollar. Most importantly here, if the Fed backs off its tightening and moves back towards …
by Antonius Aquinas Fed Chair Jerome Powell apparently doesn’t see the pernicious effects of inflation At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.” To the Fed, the financial press, and most everyone …
Nobody wants to use the ‘B’ word, but a bubble is upon us, a growing number of market watchers are warning. And it could pop sooner than many expect, Centricus Asset Management Fund Manager Ralph Jainz said Monday. Assets like …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Dallas-Fort Worth, not San Francisco, is in second red-hottest place. Consumers in Los Angeles are simply not buying the notion that inflation, however benevolently measured by the Consumer Price Index, was “only” 2.8% in May, as …
by Michael Snyder Every time the mainstream media touts some “wonderful new economic numbers” I just want to cringe. Yes, it is true that the economic numbers have gotten slightly better since Donald Trump entered the White House, but the rosy …
via CHRISTOPHER MATTHEWS A world with central banking is better than a world without it. During the nearly 80 years in which the United States functioned without a central bank, financial crises were far more numerous and more severe than the …
by John Rubino Monthly economic readings tend to be full of noise and are therefore unreliable. So it’s best to save the excited assertions for established trends. The US Consumer Price Index appears to have reached that point: As most …
by Chris The ever-lying BLS will tell you that medical care inflation is currently running at 2.2% The above article will tell you that: Health insurance companies in New York State have submitted their rate requests for 2019, and on average, …
Affordable home shortage to continue through 2018, new Reuters poll says from CNBC. via CNBC: An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of property market analysts …
What I can say with full confidence, though, is that prices will rise – for producers and consumers alike – which is good for gold but a headwind for continued economic growth. From Frank Holmes at Frank Talk: Higher Inflation Has …
by Graham Summers of Gains, Pains & Capital Let’s talk about inflation. Inflation enters the economy in stages. It’s not as though the Fed begins to print money and POOF! inflation appears. It takes time. The first stage occurs in the manufacturing/ production segment …
The central planners at The Federal Reserve released their most recent minutes, and guess what they want? Higher prices! They want inflation to run hot. So while Americans clock into their jobs, for the same amount of money, the central …
Danielle DiMartino Booth: I was inside the Fed for almost a decade and have never seen such a blanketed propaganda campaign to come out with a new way to explain inflation. Danielle DiMartino Booth, MoneyStrong President, talks Fed policy, interest …
by Money Metals When you can lie about money, you can lie about anything. ~David Morgan We can argue about the definition(s) of inflation until the cows come home – some economists spend a career trying to nail it down. But …
https://twitter.com/OccupyWisdom/status/999079367618760704 https://twitter.com/OccupyWisdom/status/999234958307811329 https://twitter.com/OccupyWisdom/status/999241148781776896 https://twitter.com/OccupyWisdom/status/999236152216444928 Inflation Is Coming to the US Economy on an 18-Wheel Flatbed Multiple signs of inflation in freight-related industries are at or near historical highs, in what could be an early sign that price pressures are building …
via The Phoenix Let me let you in on a little secret… Central Bankers don’t actually WANT inflation. The Fed’s “inflation target of 2%” is a giant ruse. The Fed has no clue how to create or control inflation. They even …
by Gary Christenson of Deviant Investor This article was written for Miles Franklin by Gary Christenson, with appreciation for Led Zeppelin who wrote and performed “Stairway to Heaven.” The Stairway To Heaven “There’s a lady who’s sure All that glitters is gold And she’s buying a stairway …
via Wall Street Examiner: It’s starting to feel a whole lot like 2008 again. Everyone looking sidelong at each other as the market refuses to correct despite a steady stream of negative underlying data. “Everything is still okay, right? Everything’s …
by FS Tian Yang, Variant Perception’s Head of Research, recently covered their must-read Understanding Leading Economic Indicators report with FS Insider. Yang explains the three major categories that most economic data fall into, how leading economic indicators (LEIs) help identify high risk/reward trades, …
Physical Gold Fund, Released on 5/11/18 Click Here to Listen to the Interview http://www.physicalgoldfund.com/Download/Audio/TGC-May-2018.mp3 Topics: *Update on gold markets *New phase of financial warfare with Iran *Financial system chokepoints *US Dollar payments system *SWIFT transfers and third party influence *How …