Peter Schiff: Philly Fed survey plunges to -16.4; rising costs, falling revenues signal stagflation. Jim Bianco: If bonds lose faith in the Fed, yields will surge.

The December Philly Fed Manufacturing survey was another disaster, collapsing from -5.5 to -16.4, versus an expected rise to +2.8. This is the weakest level of the year. More problematic, prices paid jumped while prices received fell. All signs point …

READ MORE

Bonds are sending a signal: Don’t push it!

I didn’t mention the tariffs too. Ran out of characters lol — QE Infinity (@StealthQE4) November 14, 2024 This rises until the stock market breaks. and break it shall https://t.co/jrqI19fdH2 — Darth Powell (@VladTheInflator) November 13, 2024 Extreme worrisome. pic.twitter.com/aLmz6cf56M …

READ MORE

Ukraine is sending cooks to front line.

Ukraine’s manpower problem is growing worse as forces have moved from the frontlines of the war against Russia to stage an incursion into Russian territory. Ukrainian forces pierced through Russia’s border last week and have now seized more than 400 miles of …

READ MORE