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US March PPI inflation rises to 4.0%, its highest since February 2023. BREAKING: US March PPI inflation rises to 4.0%, its highest since February 2023. Core PPI inflation was unchanged, at 3.8%, also the highest since February 2023. We are …
Authored by Charles Hugh-Smith via oftwominds, The binary ahead is the result of a simple law of Nature: adapt or die. Will we revel in a New Roaring 20s of exhilarating expansion, or will we suffer a Great Depression 2.0? Gordon Long and …
by Michael Is it possible that the Yellowstone supervolcano is gearing up for a major eruption? When most people think of Yellowstone, they tend to conjure up images of “Old Faithful”, Yogi Bear and a television show starring Kevin Costner. …
By Graham Summers, MBA | Chief Market Strategist Has inflation been slain? According to the official data, the answer is “maybe” at best, but most likely “no.” There are three official inflation measures in the U.S. They are: The Consumer …
Keith Gill, better known as “Roaring Kitty” on X and YouTube and as “Deep——-Value” on Reddit, hosted his first livestream since the meme stock craze that took place three years ago. Gill said he believes in the video game retailer’s …
Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill’s net worth is over $289 million. The meme stock leader, who can move the stock by simply posting cryptic …
The Dow is set to surge 50% by 2030 as the ‘roaring 20s’ are alive and well for stocks, market vet says With the stock market trading at record highs, the “Roaring 20s” thesis is alive and well. That’s according …
This is exactly what should happen. The interesting thing is no one believes it will happen. Which means it probably will happen, but after a little more to suck more in. The incredible lack of volume lately would agree with …
Down 17% since yesterday’s high of $30. Imagine FOMOing into the hype only to be down 17% in one day. h/t WillistheWillow
by Naive-Historian-2110 https://www.history.com/news/1929-stock-market-crash-warning-signs “History doesn’t repeat itself, but it often rhymes.” Mark Twain never lived to see the Federal Reserve, but he probably would have been able to recognize it’s cyclical nature. The Federal Reserve has a long history of facilitating …
by confoundedinterest17 The Federal Reserve is watching July’s jobs report carefully. According to the Bureau of Labor Statistics (BLS), the US economy added 187k jobs in July, less than the expected 200k. US average hourly earnings continued at 4.4% year-over-year (YoY). However, …
by confoundedinterest17 As M2 Money growth has stalled, we are seeing inflation cool a bit. Core inflation YoY is now down to 4.8% (still >2x Fed target). The good news? REAL average hourly earnings YoY is finally positive for the …