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 …
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% …
by Doug French via Mises The Fed announced the reportedly hawkish news that the central bank may raise rates, not this year, not next year, but by fifty basis points sometime in 2023. This tapering would slow the Fed’s buying of $120 billion of …
Violent crime in America has soared.. The 2021 figures so far show there was a 24 per cent increase in homicides across 34 major US cities in the first quarter of this year. Philadelphia is on track for a record …
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 confoundedinterest17 According to Freddie Mac, their 30-year mortgage survey rate rose to 3.02%, the highest since mid-March. Even though the benchmark 10-year Treasury Note yield is lower than it was in mid-March.
Amazing, when you think about it… The war on terror was a shame, and the US soldiers are paying a heavy toll because of it… The forever wars that the US launched after 9/11 led to a surge in military …
THERE HE GOES AGAIN: White House walks back Biden’s Russia cybercriminal swap comments. President Joe Biden reportedly gave an impressively off-the-cuff response to a reporter’s question at the G7 summit’s conclusion over the weekend. When asked yesterday about Russian President Vladimir …
https://www.youtube.com/watch?v=J_J-nwO2qNc The purchasing power of every dollar in circulation is sharply collapsing right now, and experts are warning that lost value won’t bounce back even if economic conditions improve. The decay of our currency is actually a lot more acute …
Is inflation “only transitory?” Is the May 2021 inflation numbers the peak for inflation? Consumer prices jump 5% in May, fastest pace since the summer of 2008 https://www.cnbc.com/2021/06/10/cpi-m… Shadow Stats 1980 CPI Inflation formula says 13% inflation (Updated June 10 …
UP, UP AND AWAY: Inflation Fastest Since ’08… Prices rose by 5 percent in May compared with a year ago, the largest increase since the Great Recession, continuing a steady climb in inflation even as policymakers insist on staying the …
by confoundedinterest17 Inflation is on the mind of many investors. Whether it is permanent or transitory. US Core inflation (CPI less food and energy) rose 3.8% year-over-year and beat expectations of 3.5% year-over-year. Core inflation is the highest since February 1992. …
May CPI higher than consensus estimates at +5% y/y (+0.6% m/m) vs. +4.7% est. & +4.2% in prior month; core +3.8% y/y (+0.7% m/m) vs. +3.5% est. & +3% in prior month … headline at highest since August 2008 & …
Ratings from Neilsen Media Research reported Tuesday indicated that CNN lost 67% of its total viewers since January, when Donald Trump left the White House. During the primetime hours of 8:00 p.m. – 11:00 p.m. (EST), CNN lost around 65% …
https://twitter.com/VolatilityQ/status/1397309351883325440 $ndx bubbles pic.twitter.com/mFNBn7qjK7 — Álvaro Oviedo (@alvoviedo) May 25, 2021 millennials need more stimmy check asap pic.twitter.com/nJ6m27hMbj — Alastair (@StockBoardAsset) May 25, 2021 Global Uncertainty Index 👇 The sky is currently as blue as in 1999 and 2007. The …
The last few weeks we have seen more data confirming big increases in demand for physical metal in the form of gold imports into India, exported from Swiss gold refineries.
Biggest core CPI print MoM since September of 1981. — Win Smart, CFA (@WinfieldSmart) May 12, 2021 United States inflation. The trend is obvious. pic.twitter.com/UM8XBZs7Pt — Daniel Lacalle (@dlacalle_IA) May 16, 2021 UNEXPECTEDLY! Inflation accelerating faster than expected, says Obama economist …
Elon Musk’s net worth has plunged roughly $20 billion since he appeared as the host of “SNL” last week, but it’s not because he got some pretty bad reviews for his performance. According to Forbes, which reported Musk’s drop in …
Hedge funds have been getting rid of equities at pace not seen since GFC @BankofAmerica pic.twitter.com/z0z8cljv5f — Liz Ann Sonders (@LizAnnSonders) May 5, 2021 most shorted index going to the wrong way pic.twitter.com/LZB2utAJiO — Alastair (@StockBoardAsset) May 4, 2021 https://twitter.com/NorthmanTrader/status/1389652807557451777 …
Ugh. Bank of America's hedge fund clients selling equities at the strongest pace since at least 2008, while retail investors have been net buyers for the past 10 weeks straight. pic.twitter.com/O7gAscVZ4i — Robin Wigglesworth (@RobinWigg) May 4, 2021 OUCH! Stocks …
US Inflation Expectations continue to rise, now at their highest levels since 2013 (10-year breakevens). pic.twitter.com/ikGNLtFTcD — Charlie Bilello (@charliebilello) April 27, 2021 Everyone is tweeting pictures of lumber, but commodities from copper to corn are popping pic.twitter.com/3ay9DUAFdf — The …
by confoundedinterest17 S&P CoreLogic Case-Shiller US National home price index rose a staggering 12% year-over-year, the fastest growth since the infamous housing bubble in 2005. The 2005 housing bubble was loose-credit related; this bubble is excess money related. Inventory for sale is …
Here is why I got 3 tickets last night! It was for asking questions from a @SPVM officer with a big ego. Mask ticket $1,550. Walking on the street $49. Failing to obey $49. For @RebelNewsOnline in Montreal Quebec. https://t.co/mVEgyLHSEk …
by Tha_Dude_Abidez I just got banned from the discord for trying to have a discussion about the fundamentals I posted here and what could be done to help. This worries me, ALOT. There was no dissinformation, no bashing, just trying …
by confoundedinterest17 Its a revival for Gold and Silver! Gold and silver are staging a revival with the decline in the US Dollar since the end of March. When we include Bitcoin (pink line), we see that gold and silver have …
by confoundedinterest17 Hammer Time! Aka, can’t touch this … housing construction report. Construction of new homes surged in March to the highest since 2006, just after the peak of the house price bubble in 2005. There is a critical shortage of homes …
Consumer prices surge by most since August 2012. Consumer prices rose in March at the fastest monthly pace in 8.5 years as the reopening of the economy picked up steam. The Labor Department said Tuesday that the consumer price index rose 0.6% …
Chris Puplava, Chief Investment Officer for Financial Sense Wealth Management, covers the economic outlook and a wide range of leading indicators for the official CPI inflation indicator. Chris discusses what this likely means for monetary policy, emerging market risks, and …
Buy is more vicious than sell since MARCH 23 2020 $SPX — Wall Street Jingle🛎🛎️ (@ultimatejingle) April 9, 2021 traders front-running the Monday gap-up are being front-run by traders front-running the 3:30 Ramp, who in turn are being front-run as …
