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Damn the Recession, Rate Hikes Ahead – Ep 831

· Treasury yields surge.
· Fed forgets about inflation averaging.
· Households take on all time record debt.
· Nominal wages are going up, but real w…

3 years, 11 months ago

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U.S. in Recession Amid Weak Labor Market – Ep 830

· U.S. goes into recession; Biden and Fed deny it.
· Media goes along with redefining recession.
· The Inflation Reduction Act will increase inflatio…

3 years, 11 months ago

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Powell Gets Democrats’ Memo to Redefine Recession – Ep 829

· Fed meets market expectations with 75 basis point rate hike.
· Jerome Powell sidesteps recession questions.
· Walmart confirms consumer weakness.
·…

3 years, 11 months ago

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Recession Deniers Waking up to Reality – Ep 828

· More data pointing to a worsening economy.
· ECB hikes rates for first time in 11 years.
· Dollar looks to have topped out.
· Gold looks to have bo…

3 years, 11 months ago

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Unwarranted Optimism Lifts Stocks, Pressures Gold – Ep 827

· U.S. stock markets rally.
· Home builder sentiment will go from new highs to new lows.
· Elon Musk dumps Bitcoin.
· Taxes in California are higher …

3 years, 11 months ago

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A Tale of Two Dollars – Ep 826

· Consumer prices reported hotter than expected.
· Dollar is rising on the greater fool theory.
· Inflation is not a product of expectations.
· It's …

3 years, 11 months ago

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Official Inflation Hits Another New High – Ep 825

· Inflation is soaring across the world.
· U.S. monetary and fiscal policies are at odds with each other.
· Motor vehicle repair costs have highest i…

4 years ago

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A Surge in Moonlighting Evidences Weakness Not Strength – Ep 824

· Dollar strengthened and gold tanked.
· Needing a second crappy job is not good news for the economy.
· Shinzo Abe was assassinated before he could …

4 years ago

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Atlanta Fed Finally Forecasts Recession – Ep 823

· Atlanta Fed blindsided with negative GDO numbers.
· Labor force participation rate near its lows.
· Biden’s approval rating reaches new low.
· Gold…

4 years ago

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A Truly Independent Fed Would Criticize Bad Fiscal Policy – Ep 822

· Gold less volatile than stock market indexes.
· Bitcoin more volatile than stock market indexes.
· Rising interest rates pushing up deficit.
· Abor…

4 years ago

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