Never forget – NOT allowing price discovery for a long period of time – then forcing the process onto markets with a “bayonet in the back” – at an ever-accelerating rate – is a virgin-central … Read more
Take a look at this: The US has just experienced an 8.8% increase in food prices. The problem (and there are many, actually) is that this doesn’t take into account the spiraling costs farmers are … Read more
Key Points: The Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through inflation and away from recession. Complaints center on three themes: That the Fed didn’t act quickly enough to … Read more
The Fed raised rates by 0.75% yesterday to 1.50% and plans to continue raising rates to at least 2.5% in the next few months. Quantitative Tightening, or QT, is continuing at its announced pace also. … Read more
A shallow recession in the U.S. is a “virtual certainty” in the third quarter, according to Destination Wealth Management’s Michael Yoshikami, as the Federal Reserve launches a historic attack on inflation. The Fed on Wednesday announced … Read more
The Dow Jones Industrial Average tumbled below the key 30,000 level on Thursday as investors worried the Federal Reserve’s more aggressive approach toward inflation would bring the economy into a recession. The Dow had rallied … Read more
Imagine this: you’re President Biden, you’ve been a career politician, your understanding of economics boils down to believing you can price fix oil prices, being on the political influencer dole, funded by China, through deals … Read more
QUESTION: Marty, Socrates is worth its weight in something far more valuable than gold. I want to congratulate you for you are the ONLY adviser who nailed not just the cryptocurrency bloodbath, but that the dollar would rise … Read more
If you reference these commodity charts of soaring inflation I produced nearly a year ago, I illustrated that year over year, in mid-2021, corn had already nearly doubled in price and wheat had soared almost 40%. This was … Read more
Senator John Kennedy (R-LA) ripped into the entire Biden Administration for economic mismanagement. “Treasury Secretary Janet Yellen — who was also captain of ‘Team Transitory Inflation’ — announced she’s really sorry but inflation’s not gonna … Read more