Despite Fed tightening measures and surging market yields, extraordinary Credit growth was ongoing in the U.S. A historic lending boom (bank and non-bank), along with notable GSE expansions and deficit spending, fueled system Credit growth.
This portends great fortune for energy bears.
Federal withholding tax collections soared last month and continued to do so in the first few days of January. I wondered if this was an…
It’s jobs day. Tax receipts say there was a jobs boom in December. What will the Bureau of Liar Statistics say?
Withholding Taxes Are Soaring
Energy Inflation In the Euro Area decreased to 25.70 percent in December from 34.90 percent in November of 2022. Energy Inflation in the Euro Area averaged 4.19 percent from 1991 until 2022, reaching an all time high of 44.30 percent in March of 2022 a…
Energy Prices In the Euro Area decreased to 25.70 percent in December from 34.90 percent in November of 2022. Energy Prices in the Euro Area averaged 4.19 Percent from 1991 until 2022, reaching an all time high of 44.30 Percent in March of 2022 and a r…
Another member of the 95% loss club. Slowly but surely, people are learning crypto is completely idiotic and worthless.
As painful as this liquidation and repricing of risk is for borrowers and lenders, those without debt, those with cash and those with essential skills that are in demand regardless of boom or bust will all benefit.
I was looking at the charts of a couple of European bourses this morning. Some pretty nice looking bullish bases over the past few months are on the brink of breakouts. Keep an eye on those this week and next. Could be a signal for the US, which is hop…
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