Content
Rate Hikes On The Horizon?
Article By:
Peter Schiff
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Wednesday, May 8, 2024 2:55 PM EDT
Despite this possibility, markets are unduly optimistic. The Fed’s historical record is not very successful, even decades ago when America’s fiscal health was much better:
What Is The Optimal Temperature For Global GDP Growth?
Article By:
Mish Shedlock
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Wednesday, May 8, 2024 2:43 PM EDT
A group of climate alarmists have concluded that global GDP will be 23 percent lower on the current path.
Navigating The Future Of Precious Metals: Insights And Legislative Advocacy From Industry Experts
Article By:
Stefan Gleason
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Wednesday, May 8, 2024 2:38 PM EDT
Central Bank gold buying is a major driver, spurred by geopolitical tensions and economic sanctions, such as those imposed on Russia. This has led to increased demand for gold, particularly in Asia.
Where Are 10-Year US Treasury Yields Headed?
Article By:
Mish Shedlock
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Wednesday, May 8, 2024 12:30 PM EDT
The Fed has surely made a mess of things. So has the Biden administration with sponsored inflation in everything he does (excessive fiscal stimulus, regulatory madness, student loan cancellations, tariffs, etc., all highly inflationary)
Higher For Longer
Article By:
Mark Yaxley
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Wednesday, May 8, 2024 11:44 AM EDT
The US dollar is trading about 10% above its 10-year moving average. The strength of the dollar has a high correlation with gold prices; therefore, a weakening dollar should be positive for gold and other commodities.
Will Housing Inflation Keep Interest Rates Higher For Longer?
Article By:
James Picerno
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Wednesday, May 8, 2024 9:48 AM EDT
Housing is among the most interest-rate sensitive sectors of the economy. It’s also one of the most cyclical and crucial inputs for the business cycle.
Cracks In The Labor Market
Article By:
Ed D'Agostino
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Wednesday, May 8, 2024 6:52 AM EDT
During her SIC presentation, Danielle noted that the percentage of people working second jobs on top of their primary full-time jobs is at a multidecade high.
Red Sea Crisis Is Affecting Consumer/Retail Trends
Article By:
Lipper Alpha Insight
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Tuesday, May 7, 2024 6:15 PM EDT
Since the unrest in the Middle East began, nearly all container ships have been rerouted away from the Red Sea/Suez Canal towards the longer route around the Cape of Good Hope.
Some Midweek Reading - Economic Tightness And Easing Demand
Article By:
Cullen Roche
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Tuesday, May 7, 2024 4:23 PM EDT
Banks tightening lending standards are still elevated and consistent with an environment where credit is hard to obtain.
Evil Twins: U.S. Federal Budget Deficits And U.S. Trade
Article By:
Mises Institute
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Tuesday, May 7, 2024 3:00 PM EDT
One hears little today of the US “twin deficits”, a phrase familiar during the 1980s when the U.S. had consistently run both federal budget deficits and international trade deficits.
Bad Data And Bad Policy Will Force Fed To Scramble To Cut Rates
Video By:
Adam Taggart
Watch
Tuesday, May 7, 2024 2:24 PM EDT
The official jobs data reported by the government are "overstated by historical proportions". And when the downward revisions get released, it will shock both the Federal Reserve and the financial markets.
In this video: SPY