I wrote the following in this Fed QT/Treasury Supply report on August 6. 8/6/22 Well, guess what. Time’s up. Party over. The Treasury has revised…
At critical junctures, Greenspan and Bernanke consistently veered toward looser and ever more precarious policy courses. Their monstrous egos put our nation’s wellbeing in jeopardy. When circumstances turned tough, they would resort to BS justification for only more outrageous monetary accommodation. Greenspan and Bernanke were both dangerous ideologues and inflationists that handed the keys to our nation’s future to Wall Street.
While we wait for gold to do something, there’s action in the mines. Subscribers, click here to download the report. Non-subscribers, click here for access.…
Good morning from Nice France, where it’s 2 PM on another warm bright sunny day with just a few high clouds. What else is new? Well, I’m getting a very late start, work wise. And I have much “real” work to do for you, so I will keep this short and come…
We haven’t looked at this fascinating ratio chart in a while, so let’s dust it off. This is the S&P 500 cash index divided by the M2 money supply. As a reminder, this is, to my way of thinking, a more honest reflection of the market…
Adults in the United States are suffering in their lives at a record level. That’s according to the latest in a survey series from Gallup. The share of adults rating their lives poorly enough to be considered ‘suffering’, according to Gallup’s methodol…
U.S. President Joe Biden has said he will cancel up to $10,000 student in federal student loans fees for American borrowers earning under $125,000 a year. He will also forgive as much as $20,000 for low and middle income groups who have received Pell g…
Severe droughts are happening all around the world at the moment, highlighting how extreme weather patterns have become more frequent through climate change.As rivers and lakes are drying up and reservoirs grow emptier, droughts have revealed historica…
With the shift towards e-mobility and electric vehicles well underway in a number of key global markets, some manufacturers are more on top of the trend than others. As data from EV-Volumes.com shows, General Motors certainly can’t be accused of lackin…
New research has found that as many as four million people could be out of work in the U.S. due to long Covid, making up around 2.4 percent of the country’s working population. Similar conclusions about the severity of long Covid have been reached abro…