by Boo_Randy How’s that “Build Back Better” working out for ya, new moms? The baby formula shortage continues to worsen as baby formula makers and the head of the U.S. Food and Drug Administration (FDA) continue to face bipartisan grilling on …
by Boo_Randy The Fed can conjure up trillions more Yellen Bux funny money out of thin air to levitate its Ponzi markets & asset bubbles…but it can’t print diesel, or pull the real, productive economy out of its death spiral. …
by Boo_Randy Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, and Jerome Powell. Your ultra-easy monetary policies have turned shelter, a basic human need, into a speculative asset class & priced millions of lower-income people out of decent housing. https://www.foxbusiness.com/lifestyle/asking-rents-april-2022-austin-portland-south-florida …
by Chris Black The overstimulation of smart phones and social media combined with weakened real life social bonds is making kids crazier. We are in the midst of a pediatric #mentalhealth crisis — and, according to @harvardmed , #Parents need …
Following a brief dip, gas prices are projected to surge once again, with the national average potentially reaching $4.20 a gallon, according to an industry expert. Over the past week, gasoline futures rose 30 cents “which is just bad news …
TOPICS AND TIMESTAMPS: Here We Go 0:00 Debt Up 0:45 Threat To Housing Market 5:18 Real Estate Pop 7:57 Tesla $4600 Target 12:28
Via Birch Gold Group Photo by Zlaťáky.cz This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: An overview of gold’s road to $2,000, LBMA sanctions Russian refineries, and how geopolitical …
by confoundedinterest17 This is the chart from hell as The Fed is expected to take interest rates higher. At least mortgage rates are down slightly today. With 8+ rate hikes forecast over the next twelve months. Meaning that Powell’s Fed money gun …
https://t.co/zuHOVBTase — Markets & Mayhem (@Mayhem4Markets) March 13, 2022 https://t.co/ftPSwLyb4v — Markets & Mayhem (@Mayhem4Markets) March 13, 2022 https://t.co/N68glpTFPa — Markets & Mayhem (@Mayhem4Markets) March 13, 2022
From Sounding Line: With the war in Ukraine and imminently tightening monetary policy consuming most of investors’ bandwidth, it’s easy to overlook the historic meltdown happening right now in Chinese financial markets. China’s benchmark Shanghai Composite is down about 37% …
by Shaun Richards The economic story of 2022 so far has been one of inflation or “inflation,inflation,inflation” as Andy Haldane once told us when he was at the Bank of England. Indeed as I have mentioned him he deserves some …
Surge in #oil price pointing to a high risk of #recession now. Hope this time is different. @PictetAM #multiasset #economy pic.twitter.com/jdNCe60a1a — Luca Paolini (@luca_paolini) March 1, 2022 It's not just wheat. Corn and soy prices also surging pic.twitter.com/UqMcXdapUZ — …
by Shaun Richards The economic story of 2022 so far has been one of inflation rising even further. It was only on Thursday that we discovered that the US Consumer Price Index or CPI had risen to an annual rate …
New York Rep. Alexandria Ocasio-Cortez whined about her job and blamed the expiration of the expanded child tax credit for fueling crime in a new interview where she claimed that parents are stealing baby formula to feed their kids. The …
by Shaun Richards This morning has seen another stage in the inflation journey. This has over the past 24 hours seen a couple of stages. First came the rumours that the US CPI numbers would be below expectations. Note they …
Cramer reverses, likes $ARKK again after 15% surge. You’ve been warned. https://t.co/0BRU6Hztrz — Eric Balchunas (@EricBalchunas) February 2, 2022
by Shaun Richards We can continue with an element of yesterday’s theme except we can spin it around because you see whichever research student at the Bank of England is presenting the morning meeting will have heaved a sigh of …
by Chris Black You vil own nothing and you vil be happy. *France may see 40% electricity price surge by February*Finance minister urges people to look at #Kazakhstan’s bitter experience, politically dangerous *Welcome to the New Financial System*(Energy Crisis becoming …
Legendary investor Byron Wien said gold will rally 20% in 2022 in his closely watched “surprises” newsletter. He predicted investors will turn to gold for safety, as the S&P 500 wobbles and inflation stays hot. Wien is vice chair of …
by confoundedinterest17 The core Personal Consumption Expenditures (PCE) deflator numbers for November were released this morning and the print was a whopping 4.7% YoY, the highest rate since 1989. Meanwhile, U.S. consumer spending, adjusted for inflation (aka, REAL personal spending), …
(CNN) — The CEOs of Target, Best Buy, Nordstrom, Home Depot and CVS are among a group of 20 retail leaders who sent a letter Thursday to Congress expressing their concern over a recent wave of brazen store robberies in …
Fresh vegetable prices in China surged by 30.6% in November from a year ago, according to the National Bureau of Statistics. The price of pork, a staple in Chinese diets, remained well bellow the highs of last year with a …
by Martin Armstrong The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to the global shipping crisis. Inflation, fuel increases, and labor shortages …
NFIB planned prices SURGE again today. Inflation clearly hasn't peaked yet. The Fed is simply wrong on inflation -> https://t.co/20c01CpfWL pic.twitter.com/bgW4rMTw7l — Andreas Steno Larsen (@AndreasSteno) November 9, 2021 I got offered 20k more for my Mercedes and it's 2 …
By Tsvetana Paraskova Record American natural gas exports amid sluggish domestic production growth have raised prices for the fuel The U.S. benchmark price Henry Hub has more than doubled since the beginning of 2021 A total of 48 percent of U.S. homes …
by confoundedinterest17 U.S. employment costs rose at the fastest pace on record in the third quarter as companies across a variety of sectors raised wages against a backdrop of labor shortages. The employment cost index, a broad gauge of wages and …
When Donald Trump was president in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos. Freightos also revealed that shipping …
Energy prices are surging, and the economy is already feeling the pinch of higher fuel costs though it is far from stalling out. There is an unusual coincidence of much higher oil, natural gas and coal prices, combined with other …
by confoundedinterest17 The next Federal Reserve Open Market Committee (FOMC) meeting is next week with an announcement on Wednesday, September 22nd. (Bloomberg) — Volume in the December 2024 eurodollar futures contract has surged Friday, approaching 200k, highest in the strip. Weekly volume …
