Goin’ Down! US Treasury 2-year Yield Drops 15 Basis Points In AM (10Y-2Y Treasury Yield Curve Remains Inverted At -38.870 BPS) – Confounded Interest – Anthony B. Sanders
Goin’ down! Lots of volatility in markets culminating in a 15 basis point drop in the US Treasury Note yield. Since the 10-year Treasury yield...
Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a...
Fed Balance Sheet Reduction Not Delivering as Promised
August 10, 2022 by SchiffGold 0 0 The Federal Reserve is all-in on the inflation fight. Or is it? While everybody focuses on interest rate cuts, the promised...
Pulling Forward Growth No Longer An Option.
Pulling forward growth over the last decade remains the Federal Reserve’s primary tool for keeping financial markets stable while economic growth rates and inflation remained...
The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi
MarketWatch/Barbara Kollmeyer/8-9-2022 “Our index of global sell-side recommendations is back to peak bullishness levels reached in 2000 and 2007, after which global equities halved. Analysts...
Without Any Legislative Powers, the Fed Is Rewriting the Law and Creating a Permanent $500 Billion Bailout Facility for Wall Street
By Pam Martens and Russ Martens: August 8, 2022 ~ Jerome (Jay) Powell, Chairman of the Federal Reserve Board The Fed is doing something it’s never...
Democrats’ Climate Bill Could Pay Farmers To Not Grow Food
The Senate Democrats’ climate bill could set aside more than $2o billion to incentivize farmers to not grow crops in the interests of environmental conservation...
The Inflation Reduction Act Will Reduce Budget Deficits. Barely.
If the House of Representatives follows the Senate’s lead and passes the Inflation Reduction Act, it would become the first major piece of legislation to...
Despite Manchin’s Spin, the Inflation Reduction Act Will Devastate the Economy
Sen. Joe Manchin (D-WV), Sen. Chuck Schumer (D-NY), and President Joe Biden must think voters are fools. That’s the only possible explanation for why they...
AIER Leading Indicators Index Falls to 29, Signals Broadening Weakness
Summary AIER’s Leading Indicators Index fell thirteen points to a reading of 29, the lowest level since August 2020. The latest reading is well below...