Independent thinking for complex markets and current events
A trillion dollars in defense spending… during peace time… while running multi-trillion dollar deficits. 😭… is it any wonder by the bond market is rejecting the lower inflationary print and dovish fed speak… while equity’s are at crazy high valuations… pic.twitter.com/xORS6QSEH2 — Kris Patel 🇺🇸 (@KrisPatel99) December 22, 2025 When you have almost 38T in …
Gold is piercing a level that has held for 45 years. Moves of this size never happen in calm markets. Confidence in the current monetary system is fraying. The rally is powered by record central bank buying, ballooning U.S. debt, Fed credibility under question, and geopolitical fractures. The mainstream media has no idea why gold …
When investors flee currency for a tangible asset, it signals fear of fiscal collapse and unchecked debt. It's really unusual for 30-year Treasury yield to rise in a Fed easing cycle. It's even more unusual for 30-year yield to rise with all the world's major central banks in an easing cycle. This tells you monetary …
via notayesmanseconomics It is time once again to take a look at the situation regarding precious metals and let me open by congratulating Gold Bugs. BREAKING: Gold officially hits $3,600/oz for the first time in history. Gold is now up +33% YTD, more than 3.5 TIMES the S&P 500’s return. ( The Kobeissi Letter) In …
The UK has no choice but to start cutting its welfare bill, this could happen here in the US. The UK faces the doom loop of rising borrowing costs, growing deficits and a government facing a lot of bad choices to raise revenues. Yields on 30-year gilts have reached their highest levels since 1998. (1 …
Over the past decade, Canada spent ~$11.2 billion on overseas gender initiatives under its Feminist International Assistance Policy, focusing on gender equality and women’s empowerment. This conservative estimate excludes billions more from gender-integrated projects. Critics, like the Fraser Institute, call it wasteful, while Trudeau’s government defends it as vital for economic recovery and social equity. …
Reagan promised tax cuts would pay for themselves. Blew out the deficit. Bush promised tax cuts would pay for themselves. Blew out the deficit. Trump promised tax cuts would pay for themselves. Blew out the deficit. Fool me once, shame on me. Fool me four times…? Reagan promised tax cuts would pay for themselves. Blew …
Want to get serious about US deficits and debt? Address the entitlements. pic.twitter.com/HAPKe2ERmj — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) June 21, 2025
Treasury Secretary Bessent is celebrating higher tax revenue – even as government spending explodes. Here’s how government revenue and spending affect the purchasing power of your savings… By Peter Reagan One of the worst feelings in the world is when you’re in one of those darned if you do, darned if you don’t situations, where …
Japan just blinked. Late last night, Japan’s Ministry of Finance said they are considering cutting back on how many super long bonds they sell. On the surface, this may sound like a dry technical tweak, but make no mistake, it sent waves through global bond markets. Here is why this matters. Fewer bonds issued means …
2024 goods trade deficits, surpluses with major trading partners pic.twitter.com/bWltftuV8F — Win Smart, CFA (@WinfieldSmart) March 25, 2025
DOGE was supposed to rein in spending, but when it comes time to act, it’s just more of the same. Trump inherited Biden’s mess, but if reckless spending continues, inflation won’t go away—it’ll get worse. You can’t spend your way out of a debt crisis. If Republicans don’t start making real cuts, they’ll own the …
Most of the US stock market are tech, that has a very high valuation plot from multpl. com pic.twitter.com/YQgSP5LoRy — Data Driven Stocks (@stockdatamarket) December 15, 2024 European Stocks trading at an all-time record discount relative to U.S. Stocks 🚨 https://t.co/MBwckCKVD2 pic.twitter.com/c1nwYFwjLJ — Barchart (@Barchart) December 16, 2024 ZIRP allowed the government to run up …
BREAKING: Total US public debt hits a record $36.17 TRILLION, up $1 trillion over the last 105 days. US federal debt has risen by an average of $9.5 billion per day over the last 105 days. At the current pace, total US debt would hit $40 trillion for the first time in history by February …
People need to start realizing that the ways things were with borrowing from 2010-2021 were an anomaly. Zero rates are gone. Never coming back. Inflation is a beast. It’s hard to stomp out. You need to crush it and the Fed refuses to do it. — QE Infinity (@StealthQE4) October 31, 2024 It’s hard to …
“Inflation driven price increases aren’t letting up, and neither are inflationary budget deficits that are likely going to keep going higher, regardless of which candidate begins a new Administration in January. Source: CBO” Inflation driven price increases aren't letting up, and neither are inflationary budget deficits that are likely going to keep going higher, regardless …
https://twitter.com/MichaelAArouet/status/1835570392057999604 U.S. debt skyrockets to $35.3 trillion, costing $3 billion daily just in interest. Interesting how nobody in DC wants to fix this? Why is that? Why hasn't Biden talked about this for 4 yrs? — floridanow1 (@floridanow1) September 16, 2024 This is another reason why I think the 10-year yield should hover around 4.25%, …
‘As a physiocrat, this is the most alarming chart I’ve ever seen.’ https://twitter.com/1CoastalJournal/status/1834457143770317229 Soft landing confirmed 🛬 pic.twitter.com/zX7MgPiaV1 — The Coastal Journal (@1CoastalJournal) September 13, 2024 Source: https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/highlights-from-the-farm-income-forecast/ Under the Biden/Harris insane regulatory agenda, every aspect of getting food to your kitchen table became astronomically more expensive – from soil/farming equipment rules to trucking costs …
Some other conspiratorial points about Gold strength have to do with its continued usage as neutral reserve asset for trade settlement in BRICS and away from US$/UST. This week, China leadership is in Saudi talking to MBS about various things but including pricing oil in RMB.… — Craig Shapiro (@ces921) September 12, 2024 Gold just …
Can someone explain how fiscal deficits in Europe will be reduced as we go forward given accelerating deindustrialization and upcoming pensions and healthcare entitlements demographics crisis in Germany, Italy and Spain? pic.twitter.com/ZTpb3ctJbG — Michael A. Arouet (@MichaelAArouet) July 4, 2024 pic.twitter.com/Mpxprzyo1T — Michael A. Arouet (@MichaelAArouet) July 4, 2024
One of the best quotes regarding economics & money IMO… pic.twitter.com/Pj4zqWlYXL — John Haar (@john_at_swan) July 2, 2024 During World War I and World War II, the UK indeed faced significant increases in its national debt. In 1914, the debt stood at £650 million, but by 1919, it had surged to a staggering £7.4 billion. Similarly, during World …
via notayesmanseconomics We have seldom been in a time where there has been so much confusion and uncertainty about the US economy. We came into 2024 with the Conference Board leafing indicators having suggested a recession on the cards and then saw that annual economic growth had been around 3%. More recently the two surveys …
via notayesmanseconomics: The calling of an election in France has already caused some questioning of what some regarded as economic certainties. One is the trope represented by the French finance ministry yesterday. France’s finance minister has warned that the country could face a debt crisis akin to the UK’s gilt market turmoil under former prime …
Stan Druckenmiller on Bidenomics: “If I was a professor, I’d give him an F. Treasury is still spending like we’re in a depression. We have 7% budget deficits at full employment… it’s unheard of.” pic.twitter.com/YTs0EgLkjF — unusual_whales (@unusual_whales) May 12, 2024 Whether it’s a Democrat or Republican in office we overspend. Regardless of whether or …
Amid escalating concerns over fiscal deficits worldwide, the surge in gold purchases by central banks during the first quarter signals a broader financial instability, echoing fears beyond the US alone. As governments grapple with post-COVID economic challenges, the unprecedented acquisition of gold underscores growing uncertainties and the quest for stability in a volatile global economy. …
The US faces a fiscal dilemma as record spending, deficits, and debt levels clash with inflationary green energy policies, potentially sparking a conflict between the Federal Reserve and government. Key points: Record non-crisis spending, deficits, and debt levels pose fiscal challenges with no end in sight. Green energy policies, like those in Germany, have led …
As the IMF’s Gita Gopinath highlights the repercussions of high U.S. deficits on global economic dynamics, concerns arise over the sustainability of economic growth amid rising deficits and the need for comprehensive fiscal reforms. Important Information and Details: IMF’s Gita Gopinath highlights the impact of high U.S. deficits on global economic dynamics. U.S. deficits are …
There are good reasons why European equities are lower valued. Overregulation and lack of innovation have their price. pic.twitter.com/VtGmPjy81J — Michael A. Arouet (@MichaelAArouet) March 25, 2024 BREAKING: EU probes Apple, Google, Meta under new digital law READ: https://t.co/6aJ9BHMAWX pic.twitter.com/lREZgzygDe — Insider Paper (@TheInsiderPaper) March 25, 2024
The #NationalDebt just surpassed $34.5 trillion, up over $100 billion so far in March. At this rate the National Debt will rise $300 billion during the month. That's a annual pace of $3.6 trillion. Rising deficits will likely push the National Debt over $40 trillion by next year! — Peter Schiff (@PeterSchiff) March 11, 2024 …
