Stocks fall, S&P 500 posts worst first half in decades
Stocks fell on Thursday, as the S&P 500 capped its worst first half in more than 50 years. The Dow Jones Industrial Average shed 253.88...
Only 3 of 20 Rate Hikes DIDN’T End in Recession
After nearly nine years of rock bottom rates, the Federal Reserve has finally raised interest rates… What does that mean for you and your investments...
Bond market rebound is bad news for the economy
Bloomberg/Gary Shilling/6-29-2022 “The good news is that yields in US Treasury securities may be near their peak. The bad news is that makes the recession...
Hot 6-7% Inflation To Run Through The End Of 2023? | Economist Steve Hanke
Inflation remains at a 41-year high and continues to severely pinch households when paying for food, gas and nearly everything else. How much longer will...
Gold has been incredibly boring to own – but that’s no bad thing right now
MoneyWeek/Dominic Frisby/6-29-2022 “That’s actually quite a telling little fact. For all the declines we’ve seen elsewhere in stocks, bonds and crypto, and the ensuing erosion...
Strength in the US Dollar is Easy to Explain – Mish Talk
US Dollar Index courtesy of StockCharts “By far the biggest failure of fintwit community (with the exception of 1 person) has been not being able...
The risk of a flip-flopping Fed
Financial Times/Mohamed El Erian/6-28-2022 “The markets are evolving their minds about US economic prospects just as the Federal Reserve has been scrambling again to catch...
Inflation is now out of the control of central banks
When “whatever it takes” means confiscation of wealth One of the reasons people decide to buy gold bullion or add silver coins to their portfolio...
Rick Rule: Fed Will “Chicken Out” on Inflation Fight
June 30, 2022 by Michael Maharrey 0 0 Well-known investment advisor Rick Rule said the Fed will chicken out on its inflation fight. Rule runs Rule Investment Media...
JPMorgan Chase and Citibank Hold 90 Percent of All Gold and Other Precious Metals Derivatives Held by All U.S. Banks
By Pam Martens and Russ Martens: June 29, 2022 ~ Jamie Dimon, Chairman and CEO of JPMorgan Chase Last Tuesday, the Office of the Comptroller of...