Gold Loves Bad News – Blanchard and Company
Unfortunately, many investors today see plenty of bad news no matter where they look. Consequently, more people are considering how an investment in gold can...
Slowing! US Personal Consumption Expenditures Drop To 0.2% MoM In May As PCE Deflator Hits 6.3% YoY (US Mortgage Rates Slip to 5.7%, the First Decline in Four Weeks) – Confounded Interest – Anthony B. Sanders
The US economy is slowing as inflation ravages consumers. US Regular Gasoline prices, for example, are up 104% under President Biden which helps to slow...
Home Listings Surge in Turnabout for Supply-Starved US Market (Are Homeowners Seeing An End To Home Price Growth With Fed Rate Increases??) – Confounded Interest – Anthony B. Sanders
The Federal Reserve under Berananke, Yellen and Powell kept monetary stimulus out there too long and rates too low, but Powell is now trying to...
First Wall Street bank to call a U.S. recession now sees chance that inflation fails to decelerate
By Vivien Lou Chen Deutsche Bank, the first major bank to predict a U.S. recession in the current inflationary era, now sees a chance that...
Inflation is so bad that California is sending relief checks of up to $1,050 to millions of people
This summer, inflation is impacting everything from driving to work, taking a vacation, or just cooking dinner. Gas in particular has been a major pain...
What’s next for the school nutritional meal waiver program that’s feeding millions of American children
The Daily Beast This Closet Steamer the Next Best Thing to At-Home Dry Cleaning Scouted/The Daily Beast/LG.Scouted selects products independently. If you purchase something from...
Welcome To The Recession: Atlanta Fed Slashes Q2 GDP To -1%, Pushing First Half Into Contraction
A day after Fed Chair Powell crowed once again how the US economy was strong enough to cope with his hawkish rate-hike cycle (and President...
Biden: High Gas Prices For 'As Long As It Takes' To Defeat Russia
In a rare press conference after the Madrid NATO Summit today, President Biden was asked how long Americans should expect to pay high gas prices...
ECB Will Buy Italian, Greek Bonds Using Proceeds From German, French Bonds To Avoid Crash
Not that long ago we joked that the ECB’s cunning “market fragmentation” plan – which became critical after Italian bonds crashed when markets realized that...
Who Has The Highest Debt In The EU?
By Tyler Durden On average, European Union countries had a gross government debt of roughly 88 percent of GDP in 2021. However, as Statista’s Katharina Buchholz details...