by DontMicrowaveCats Now this is the real risk underlying bitcoin that hardly anybody talks about. The crash earlier this year was due to over leveraged futures whereas the crash in 2017 was due to long term holders liquidating their coins. …
by confoundedinterest17 US housing starts slowed in September to at a -1.58% MoM rate. Permits dropped 7.67% MoM. Now that interest rates are expected to rise … in late 2022, we may be a slowing in the housing market. Here are …
by Kimble Charting When crude oil prices rise, investors typically think of an improving global economy. But when crude oil price rise sharply (by a large amount over a short duration), investors worry about supply issues and/or inflation. Today, both concerns …
Trends Research, Released on 10/7/21 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and …
Here are the top twenty most expensive stock borrows with short interest over $100 million https://t.co/ejLNuNkQG5 pic.twitter.com/1vUh8CgwZR — Ihor Dusaniwsky🇺🇦 (@ihors3) October 1, 2021
via encouragingangels: This could be the biggest story of the day, week, month and the year…if not the decade. Posting some quotes below. Evergrande is HUGE, HUGE and HUGE. They owe $300 billion and can no longer make the interest payments on their …
by Shaun Richards In the middle of the various crises in which we presently find ourselves there has been something else going on. As the leader of the pack in this area is the United States we can start there. …
They literally printed the money to pay themselves through the stock market and now are concerned about the ethics, what a show. h/t dhoomz
by confoundedinterest17 According to Bloomberg, Chinese authorities told major lenders to China Evergrande Group not to expect interest payments due next week on bank loans, which takes the cash-strapped developer a step closer the nation’s largest modern-day restructurings, and guarantees that China’s “Lehman Moment” is …
BY JOHN RUBINO Simon Black: The money printing can’t stop … Russell Brand: Are you disgusted by this?? … George Gammon: The US will fall into Depression in 2022 … Peter Schiff: Why is the rising tide of inflation not lifting …
The Public Interest Legal Foundation (PILF) released a report on Wednesday showing 27,787 absentee ballots sent to voters by mail in the 2020 Georgia presidential election were deemed “undeliverable.” That number is more than two times greater than 12,670 vote …
by Shaun Richards This morning has seen something of a different event but it has given us an insight into the thoughts of the Bank of England. This is because QuickBooks arranged an “Ask the Expert” session with Michael Saunders …
by Shaun Richards Today monetary policy is en vogue in several respects. If we look across the Atlantic the Jackson Hole symposium starts later although the main speech from Federal Reserve Chair Powell is tomorrow. Expectations fell when it was …
https://www.ft.com/content/4e23cd61-1a8d-4dc5-aba1-8565fce31882 no paywall version: https://asia.nikkei.com/Business/Business-Spotlight/Grab-s-40bn-SPAC-plan-puts-CEO-Anthony-Tan-in-driver-s-seat Grab, the Southeast Asian ride hailing + food delivery + fintech + more buzzwords company receives a $40bn valuation and its founder retains 60.4% voting rights?! According to the FT article I linked, this is similar …
by Daniel Lacalle via Mises Central banks should know by now that you cannot have negative interest rates with low bond yields and strong growth. One or the other. Central banks have chosen low bond yields at any cost, despite all the evidence of stagnation ahead. …
by Shaun Richards UK news has over the past few days been positive with Retail Sales growth and falling Covis-19 numbers. To that this morning we can add something of a gold rush at the Tokyo Olympics. But the weekend …
(Bloomberg) — Argentina’s central bank is ruling out increasing interest rates for the foreseeable future even as currency pressures mount and annual inflation climbs above 50%. The country’s monetary authority is prepared to keep holding its key rate for months …
BY JOHN RUBINO Alasdair Macleod: If interest rates go up, the bubble pops … Greg Weldon: We’re facing monetary Armageddon … Russell Brand: Think politics is corrupt? Watch this! … Steve Hanke: We’re in the worst of all possible worlds … …
Palisades Gold Radio, Released on 7/15/21 Tom welcomes back Alasdair Macleod, Head of Research For GoldMoney. Alasdair discusses the Fed’s levels of reverse repos and quantitative easing of 120 billion a month. Since the banks can’t absorb all the extra …
BY JOHN RUBINO One glance at this chart should silence any talk of “a return to normalcy”. We are emphatically not headed in a normal direction. The liquidity being generated by this debt binge is pushing up prices in a …
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 …
by Tom McClellan Anyone can look at the VIX to get sentiment indications about the stock market. That’s beginner stuff, although still pretty good. The real fun lies in going deeper into data that no one else looks at to find …
https://mishtalk.com/economics/real-interest-rates-are-more-negative-now-than-in-the-2004-2007-housing-boom Meaning of Real Real means inflation adjusted. But what is the best measure of inflation? Home Price Not in the CPI Home prices are not in the CPI. They should be. Economists generally disagree with me, but what good …
by Ryan McMaken of Mises Institute On Wednesday, the Federal Reserve’s Federal Open Market Committee voted to continue with a target federal funds rate of 0.25 percent, and to continue with large-scale asset purchases. According to the committee’s press release: The Committee decided to …
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 …
by Mike Gleason Investors who buy into the “transitory” inflation line are being duped Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Well, precious metals markets got absolutely slammed on Thursday. …
Real means inflation adjusted. I calculated the real interest rate by subtracting year-over-year CPI from the current 3-month T-bill yield. One could also use the Fed Funds Rate or 1-month T-Bill rate as the yields are all about the …
by Shaun Richards The issue of a digital currency is something that is increasingly occupying both the minds and the attention of central bankers. This morning has given another example of that because as I was about to look at …
The future of digital commerce on your iPhone could be influenced by how courts resolved questions about market control following technological innovations that disrupted previous generations: credit cards and railroads. With the courtroom battle between Epic Games Inc. and Apple …
