By Tsvetana Paraskova Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday amid low Russian gas supply and a heatwave constraining supply and output …
by Chris Black The only thing that matters is sticking it to Putin. Forget about the rest. This is who we are, these are our values, it’s a rule based order and all that. I mean, the Russian economy is …
by confoundedinterest17 Agency mortgage-backed securities (MBS) prices started to degrade as The Federal Reserve started to try to combat inflation caused by Biden’s energy policies and rampant Federal spending. That is, under June when the implied Fed O/N rate (red line) …
By Julianne Geiger AAA: Gasoline prices on Monday in the United States slipped to an average of $4.059 per gallon. Diesel will likely soon fall under $5 per gallon. Gasbuddy: Gasoline prices have fallen for the eighth week in a row. …
https://twitter.com/DM69693644/status/1555576166848905217 BREAKING: Canada lost 30,600 jobs in July vs. est. 15,000 increase — Margot Rubin (@margot_rubin) August 5, 2022 Those with more than four mortgages jumped 17.5%. at least they've done stress tests… pic.twitter.com/y2c3MrJrRY — Alessio (@AlessioTMAD) August 5, 2022
By Julianne Geiger Saudi Arabia hiked its OSPs for September loadings to Asia to new highs. Arab Light to the Far East is now set at $9.80 over the Oman/Dubai Benchmark. Saudi Arabia also raised the price of crude oil …
by silvertomars Buckle up kids
Kevin Duffy with Jason Burack of Wall St For Main St Kevin runs the hedge fund Bearing Asset Management and is famous for his calls shorting the 1999 technology bubble and the 2008 housing crisis. Barron’s featured him in an article about his correct …
https://twitter.com/WallStreetSilv/status/1554769050764562435 The "American Dream" shopping mall is in default.https://t.co/haFV1TNGok Another casualty of misallocated cheap capital. 14 years of 0% rates later, pundits wonder relative to 2007, where is the leverage this time? Everywhere. pic.twitter.com/TmyeBQZk44 — Mac10 (@SuburbanDrone) August 2, 2022
The cost of putting food on the table is the highest it’s been in 40 years, and inflation is specifically impacting a summertime staple: ground beef. Ground beef prices are up 12% since this time last year, which is higher …
By Julianne Geiger The national average for a gallon of gasoline in the United States fell again on Monday to $4.212, according to AAA data. U.S. gasoline prices are down 14.3 cents from last week, and 63 cents from a …
By Tsvetana Paraskova Emerging economies in Asia face prolonged electricity crises and continued rolling blackouts as spot LNG prices surge and high demand from Europe is pricing Southeast Asia out of the tight global gas market. For over six months …
by Boo_Randy Once again, the central bankers have blown ginormous speculative housing bubbles that pose systemic risks to national and global financial systems. Once again, these bursting bubbles are going to wipe out trillions in make-believe “wealth” created by fake …
https://twitter.com/WallStreetSilv/status/1552672141530865665 The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. Weird how 2 consecutive quarter declines in GDP was a recession each time except this time. pic.twitter.com/CnxlV9mvWW — Sven …
Record heat isn’t only affecting the climate. An economy still on the boil is driving average transaction prices (ATP) for new cars to record highs according to data from Kelley Blue Book. It was only this month we cited KBB’s …
https://www.youtube.com/watch?v=fK2J2-XA7pM
https://www.youtube.com/watch?v=b_GE4HNn7-w Energy supply shortages are getting worse by the day. The American energy crisis has entered an ominous new chapter. People often say that “energy is the economy,” and in many aspects that statement is true. Large nations with a …
Bruce Springsteen fans like to think of him as tougher than the rest, not pricier than the rest. So there were inevitable eruptions of anger when fans logged on for the first day of sales for the opening shows on …
View post on imgur.com https://www.washingtonpost.com/business/energy/the-earth-wants-biden-to-keep-gas-prices-high/2022/07/20/d87bed74-083e-11ed-80b6-43f2bfcc6662_story.html BIDEN NOW : WHY ARE OIL AND GAS COMPANIES NOT DRILLING AND INCREASING CAPACITY ??? BIDEN IN THE LAST 18 MONTHS: pic.twitter.com/YWXDToi75s — GURGAVIN (@gurgavin) June 13, 2022 h/t dr0id
by confoundedinterest17 This is green sacrifice. Of jobs, that is. Ford Motor Company plans to sacrifice 8,000 jobs to help fund investments in electric vehicles. The job cuts will come from internal combustion gasoline vehicles. Transportation Secretary “Mayor Pete” Buttigieg loves high …
by Shaun Richards After some mostly positive releases for the UK economy we find ourselves facing again this morning the economic problem of our time which is inflation. The Consumer Prices Index (CPI) rose by 9.4% in the 12 months …
Food manufacturers world wide telling us that they think their prices have reached the limits of consumers financial ability to buy. Food unit sales dropping everywhere. Down 6%. Huge for the stable grocery industry. “But the cracks in demand are …
by Boo_Randy Unemployed workers in our Biden “recovery” won’t be doing much driving. https://oilprice.com/Latest-Energy-News/World-News/US-Gasoline-Prices-Set-To-Fall-Below-4.html Gasoline prices in the United States fell to a national average of $4.605 on Thursday, with GasBuddy’s Patrick de Haan saying we should see that drop …
by Mac Slavo of SHTFplan Consumer prices in the United States have surged higher while wages have fallen for the 15th straight month. This cannot go on forever, and a major economic collapse is on the way. The Consumer Price Index (CPI) soared …
Sri Lanka? Holland? No, Albania Massive protest in Tirana, Albania, against rising fuel prices, food prices, and against government corruption. pic.twitter.com/pDjBWSzVPO — Russian Market (@runews) July 9, 2022 https://twitter.com/Galactic_Trader/status/1545788389558927362
by Chris Black More people are realizing that they can buy direct from Chinese factories for 1/4 the price and still get free shipping. Everything is coming from China anyway, so why pay publicly traded companies more of your hard …
by Boo_Randy Don’t look now, but the insane housing bubbles blown by 14 years of central bank ultra-easy monetary policies are starting to burst. As in 2008, this is going to be the catalyst for the next Great Financial Crisis …
This Interview is a combination of insider opinion and an AI predictive program. Armstrong states that the current batch of political leaders are the worst the world has seen ( paraphrasing ). He sees WW3 in 2024 and civil unrest …