Yellen Says Only Good Outcome Is Congress Raising Debt Ceiling (US CDS Remains Elevated As Child-like Biden Refuses To Negotiate The Debt Ceiling) – Confounded Interest – Anthony B. Sanders
Treasury Secretary Janet “The Evil Hobbit” Yellen is a Statist. She can only think of an all powerful central government calling the shots since the...
UMich Inflation Expectations Haven’t Been Higher Since 2008; Headline Sentiment Slumped In May
After last month’s massive jump in 12-month inflation expectations, analysts are hoping the this morning’s preliminary May data from UMich’s consumer sentiment survey shows some...
Why Future Returns Could Approach Zero
What if I told you that future returns could approach zero? Such seems hard to believe, considering young investors piling back into the markets since...
Yellen: “We Have To Default On Something” If No Debt Ceiling Deal
Janet Yellen delivered some great news today: in an interview with Bloomberg TV, the Treasury Secretary and former Fed chair, who has been desperately fearmongering...
The S&P Is Up 8% In 2023; Without AI It Would Be Down 2%, Below 3,800
In the past month we have discussed on multiple occasions the unprecedented collapse in market breadth, driven by a record outperformance of a handful of...
Even The Federal Reserve Is Admitting That More Than A Million Americans Could Soon Lose Their Jobs
By Michael Snyder How would you feel if a million Americans lost their jobs? Would you consider that to be a pretty catastrophic event for...
Treasury Confirms $925 Billion Deficit For First 7 Months of Fiscal Year 2023
In the first seven months of fiscal year 2023, the United States borrowed $925 billion, according to the latest Monthly Treasury Statement from the Treasury Department....
CBO Projections Highlight Need for Deficit Reduction
Today, the Congressional Budget Office (CBO) released its Updated Budget Outlook, which presents a new ten-year baseline that incorporates new legislative and technical (but not...
Bold gambits on the West Asian chessboard
West Asia is a region that is currently experiencing a great deal of geopolitical activity. Recent diplomatic efforts, initiated by Russia and overseen by China,...
BRICS Nations Are Expanding Dramatically!
“BRICS is an alliance of some of the largest economies in the world – and now they’re expanding. Many of the countries involved are not...