Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. School Board Member Hosts Youth Event … Read more
Inflation is running well in excess of interest rates. Heck, the ECB have them set at negative. The ECB’s NIRP policy and its policy of buying not only government bonds and housing bonds, but large … Read more
Two weeks ago, just when everyone thought that he couldn’t turn any more bearish, BofA’s chief investment strategist Michael Hartnett, Wall Street’s biggest bear who is by extension has also emerged as the most accurate sell-side … Read more
Sorry, Democrats, but Americans are more outraged that they cannot afford to live than whether others should be able to terminate pregnancies. A poll by Rasmussen Reports found that both Republicans and Democrats are far more concerned … Read more
The paper price of the yellow rock just tumbled back below $1800 for the first time since early Feb… This is well below pre-Putin-invasion levels and Gold is now underwater for 2022… …because nothing says … Read more
Critical information for the U.S. trading day Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX below 4,000 for the first time since 2021. As investors … Read more
U.S. retail gasoline and diesel prices at the pump hit a new record, according to the American Automobile Association (AAA). Soaring fuel prices come three weeks before the summer driving season begins, a challenge for the Biden … Read more
Quick takes: Use this draw-down as an opportunity. The markets collapsed Thursday from leveraged ETFs (SQQQ & TQQQ) selling $15bn and option dealers selling huge amounts of gamma into the market. The Fed will NOT … Read more
Fed 50 vs. Fedoggy#4292 The Fed went 50bp. I will come back to this in a moment, but I need to set the scene properly. Back in 2020, I was expounding that “-isms” were soon going … Read more
Every facet of life has become more expensive. Regardless of your net worth, chances are you are feeling the effects of inflation. According to a new ABC News poll, 94% of Americans stated they are “concerned” … Read more