There’s a new Zoltan Pozsar of Credit Suisse report out… and he starts off by saying: …you can print money, but not oil to heat or wheat to eat. I’m so glad because this rather … Read more
Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing. According to a Rent.com report, the national … Read more
ASIA: Core consumer prices in Japan’s capital rose at the fastest pace in more than two years in March, propelled by energy costs that have hit a four-decade high following Russia’s invasion of Ukraine. The … Read more
Again, the Fed managed to force stocks to new all-time highs during an economic shutdown. You can focus on value investing, momentum investing, day-trading… but whatever you do, DO NOT fight the Fed. And right now … Read more
ASIA: Japan cannot avoid crafting a supplementary budget for fiscal 2022 as part of measures to mitigate the impact of rising prices on the economy, former Prime Minister Yoshihide Suga said Sunday. His successor, Fumio … Read more
ASIA: Chinese Vice Premier Hu Chunhua called on Saturday for greater efforts to stabilize foreign trade amid a complex external environment, the official Xinhua news agency reported. Commerce Minister Wang Wentao said in March that … Read more
Yield Curves for Dummies, Reprise Last week The United States Federal Reserve released a document about inverted yield curves and recession correlation. Our question: Why does yield curve inversion imply a potential recession? We hope the following … Read more
This market-timing model post boasts an impressive track record The stock market’s prospects for the next 12 months are only modestly positive. That’s the conclusion of a market-timing model based on the ratio of gold’s … Read more
QUESTION: Hi Martin,What do you think banks will do with mortgages if we continue experiencing high inflation and/or hyperinflation? Do you think we might be able to pay off a mortgage with gold if things get … Read more
‘Without sustained rapid wage growth, an inflation spike can’t become a spiral,’ one observer said Inflation is hot just like the job market, but the March jobs report showed there aren’t a lot of jobs … Read more