Rising Food Prices Could Become a Business Risk, Analysts Say
Rising global food prices and shortages of grain and fertilizer stemming from the war in Ukraine could create further economic turmoil, risk analysts said. In...
oftwominds-Charles Hugh Smith: A Most Peculiar Recession
So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions–those in 1973-74 and 1980-82. Recessions since...
One Bank Warns U.S. Econ Data Make Little Sense, “Until You Recall Midterm Elections Are Coming Up”
By Michael Every of Rabobank A stonking US CPI number You could hear the champagne corks fly wherever you were yesterday. After all, there was...
Inflation has caused more than a third of adults to tap their savings
More than a third of U.S. adults are dipping into their savings accounts to help them afford higher prices, new research shows. In the face...
Mission Impossible! How The Fed Can Get To Their 2% Target? Taylor Rule Suggests Raising The Target Rate To … 22%! – Confounded Interest – Anthony B. Sanders
I scratch my head when I here Fed talking heads discuss how to get inflation back down to 2%. Of course, the easiest way is...
More energy blows are dealt to Europe, causing a cold chill to be even colder
When people ask why they should invest in gold or buy silver coins, we often explain that they should do so because they are a...
The US Labor Market Is A House Of Cards – Here Are The Reasons Why
In typical Orwellian fashion, the Biden Administration and the corporate media have attempted to rewrite history and even the definitions of words in recent weeks...
Larry Summers, Neel Kashkari question soft landing viability
FOX Business host Stuart Varney argues Biden doesn’t want to “admit” that inflation is high ahead of the midterms. While some members of the Biden...
Astonishing Charts from New York Fed Show the Dire Straits of U.S. Consumers During the 2008 Crash and Its Aftermath — Versus Today
By Pam Martens and Russ Martens: August 11, 2022 ~ At his July 27 press conference, Fed Chair Jerome Powell said this: “Households are generally in...
Senator Warren Blasts Fed for Withholding Trading Records
(Bloomberg) — US Senator Elizabeth Warren rebuked Federal Reserve Chair Jerome Powell for withholding information on trading by central bank officials during the pandemic and...