Independent thinking for complex markets and current events
https://www.youtube.com/watch?v=6KwtJhaLqzw We have good news if you’re in the market for a new or used car: The U.S. auto market is finally facing the shift everyone was waiting for – prices are reporting significant month-over-month declines, and a set of factors, including a higher-than-expected rise in supply, will lead to even steeper price cuts in …
Japan faces a significant economic shift as bankers grapple with the challenge of learning to raise rates, prompted by a back-to-back wage bonanza. The move is seen as opening the door for a potential exit from the ultra-loose monetary policy by the Bank of Japan (BOJ), with Pimco already positioning by buying yen in preparation …
The Big Bond Market Event Wednesday Is at Treasury, Not the Fed The Federal Reserve’s policy statement is setting up to be the No. 2 event on Wednesday, with investor focus instead likely to be on the Treasury Department’s new borrowing plan, due hours ahead of the interest-rate decision. The so-called quarterly refunding announcement will …
Apparently the pistol ban brace has just been overturned , off to look at palmetto state armory to see if they are selling lowers with them again. No breaking news anywhere else? MSM is probably not too happy AC
From Peter Reagan at Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The surprising motives behind inflation, unpacking central bank gold buying figures for 2023, and Turkey is becoming the world’s top consumer of gold out of necessity. If inflation is …
What amazes me is people looking at something as simple as the yield curve and saying “this time it’s different” w/o giving any explanation why there’s so much demand at the long end of the curve. It’s not different this time, this cycle is playing out like every other cycle. — George Gammon (@GeorgeGammon) July …
Brace for a credit crunch + a "serious" recession So counsels Dr Lacy Hunt, one of the most-respected living economists And don't use the financial markets as a signal for economic health. They're a near-useless indicator in his opinion This is a hugely important discussion: pic.twitter.com/Wp1ixwz3yv — Adam Taggart (@adamtaggart) July 27, 2023 Pending Home …
Cocoa prices have soared 44% over the last nine months to seven-year highs as the global cocoa bean deficit worsens for the second consecutive year. “The cocoa market has experienced a remarkable surge in prices … This season marks the second consecutive deficit, with cocoa ending stocks expected to dwindle to unusually low levels,” S&P …
Egg prices are exploding in the United States as the food supply chain crisis spirals out of control. A new Bloomberg report exposed that food costs are rising uncontrollably all across America, reaching the highest level since May 1979.A few years back, American consumers could actually fill up an entire shopping cart full of food …