Buying Conditions For Vehicles Falls To 46 As Vehicle Prices Soar (WTI Crude UP 87% Over Past Year, Buying Conditions For Housing Falls To 77) – Confounded Interest
Here is a lesson in Bidenomics. “Going Green” sounds great to some (like Al Gore, Leonardo DiCaprio and Greta Thunberg), but there are costs to...
Washington Still Won’t Admit the Real Cause of Price Inflation
After the Consumer Price Index surged last year to its highest level since 1982, politicians are feeling pressure from constituents to do something about it....
Atlanta Fed Shocker: US Economy On Verge Of Contraction
Nothing says “BTFD in stocks” like collapsing sentiment (UMich 10 year lows this morning) and crashing growth expectations and no lesser entity than The Atlanta...
Yield Curve Drooping As 2022 Forecast To Be Slower Market For Housing – Confounded Interest
No, not the Klaus von Bulow type of “reversal of fortune” (when he killed his wife). I am talking about a reversal in fortune for...
How Central Planners Corrupted The World
Authored by MN Gordon via EconomicPrism.com, The impossible happened in the late-1970s. Inflation and unemployment simultaneously went vertical. Leading economists were baffled. This contradicted their...
War on Cash: The Digital Dollar
January 24, 2022 by SchiffGold 0 0 Last week, the Federal Reserve released a “discussion paper” examing the pros and cons of a potential US central bank digital...
IMF Says China’s Economic Imbalances Have Worsened
Imbalances in the Chinese economy have worsened and delayed China’s transition to consumption-led growth, the International Monetary Fund said in an annual review on Friday,...
Peter Schiff: The Gold Standard Didn’t Fail
January 25, 2022 by SchiffGold 0 5 The mainstream thinking is the gold standard failed. But as Peter Schiff explained in his podcast, the gold standard didn’t fail....
China’s $1.2 Trillion Stock Selloff Triggers Media, Fund Support
(Bloomberg) — Chinese stocks extended their nearly $1.2 trillion rout this month even as mutual funds, state media and companies all intensified efforts to support...
Mainstream Suddenly Realizes Raising Interest Rates in a World Buried in Debt Might Be a Problem
January 25, 2022 by Michael Maharrey 0 0 The Federal Reserve is talking about raising interest rates. But the US economy is buried under piles of debt. I’ve...