surplus Archives - Investment Watch Blog

Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying (Consumers In Bad Shape With Personal Savings Down 53.5% YoY And Real Weekly Earnings Negative For 21 Straight Weeks, GOLD Soaring!)

January 28, 2023 6:27 pm

by confoundedinterest17 Despite polticians like President Biden cheerleading his great economic accomplishments and Treasury Secretary Janet Yellen dipping into Social Security to fund the Federal government (much like Biden’s dipping into the Strategic Petroleum Reserve), there are serious problems facing …

Soaring oil and gas prices help Russia more than triple its current account surplus to $96 billion, its largest in 28 years

May 16, 2022 10:25 pm

This year’s surplus is more than triple the $27.5 billion in the same span last year and is the highest since 1994. Western sanctions have yet to fully deter global customers from buying Russian oil. While the European Union has …

Oil Markets Turn to Surplus

December 14, 2021 7:02 pm

Global oil markets have returned to surplus and face an even bigger oversupply early next year as the omicron variant impedes international travel, the International Energy Agency said. Supplies are rebounding around the world — from the current OPEC+ ramp-up …

Blue State: California Hikes Gas Taxes Despite Budget Surplus… Gov. Cuomo Raises Over $1 Million at Fundraiser Despite Scandals

July 1, 2021 10:22 am

While a handful of California officials deliberate on how to best divvy up a historic $75 billion budget overflow, gas-powered vehicle owners will be paying more to fill up their tanks. The state’s motor fuel excise tax is set to …

WTF? California has a HUGE SURPLUS!? Will be providing it’s own stimulus.

May 11, 2021 1:21 pm

But of course the great Gov. Gavin will spend it like a drunk uncle and give it all away…to more po’ folk…great forethought…. I helped w/ creating the surplus, however, won’t receive any of it back…it’s just $600 or so, …

Germany Brags It Has Record Surplus

February 23, 2019 7:01 am

by Martin Armstrong The entire AUSTERITY policy of Germany is really oppressing its people to the point that their assets rank nearly the lowest in Europe and below that of even Italy. A German earning just $75,000 annually ends up in the …

China is going to need more foreign money as its trade surplus dries up, Morgan Stanley says

February 13, 2019 6:36 pm

China’s economy is in “long-term decline” and growth from 2020 will be increasingly dependent on foreign capital, according to Morgan Stanley. This year, the current account shortfall could be 0.3 percent of its GDP, and slip further to 0.6 percent …

No economy is as dependent on a trade surplus as Germany.

October 16, 2018 5:56 pm

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Center for European Economic Research (ZEW) named names and pointed fingers: Its Indicator of Economic Sentiment for Germany in October dropped by 14.1 points, to a level of negative -24.7, matching July 2018, both the lowest levels …

Want to know why high trade surplus countries cannot afford a full blown trade war?

July 28, 2018 5:20 pm

The domino effect. Their overcapacity would soar and debt plus unemploynent would send them to a crisis. h/t @dlacalle_IA

“Largest Ever Sugar Surplus In Recorded History” Plagues The World

July 11, 2018 7:26 am

by stockboardasset Forget the global sugar shortage of the past two years. This season’s glut is forecasted to send global stockpiles to record levelsas slowing demand and surging production have left a sour taste in sugar bulls mouths. After reaching a high …

Russia Deploys Exotic New Weapon: A “Budget Surplus”

May 13, 2018 2:26 pm

by John Rubino The price of oil is rising, which is obviously good news for those who sell it to the rest of us. Russia in particular seems to be enjoying the current trend, so much so that — if …

Feds Run Surplus in 1st Month of Trump Tax Cut… Americans Expect Biggest Pay Jump in Years

February 13, 2018 5:11 am

Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January (CNSNews.com) – The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today. …

U.S. Gold Market Switches From A Surplus In 2016 To Deficit In 2017

January 8, 2018 5:09 am

BY SRSROCCO The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was …

Pentagon Overbills US Military for Fuel to Pour Surplus into ‘Slush Fund’

May 22, 2017 10:57 am

The Pentagon overbilled the US Army, Navy, Air Force, and the Marines for fuel, pocketing the massive price differences to fill a “slush fund” used for inefficient or mismanaged defense programs, according to the Washington Post. The Department of Defense …