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02.07.23- Where’s Oil Going?
A bull case can be made on the basis of persistent inflation, shortages due in part to the war in Ukraine, the Biden administration’s war on oil and natural gas and the reopening of China after the worst of the pandemic. Read More |
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02.06.23- Lose-Lose
The New York Times — indicted this week as a chronic purveyer of untruths by no less than their supposed ally, The Columbia Journalism Review — is lying to you again this morning. Read More |
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02.04.23- Don’t Be Stupid – The U.S. Economy Actually LOST 2.5 Million Jobs Last Month
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02.03.23- You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come
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“Sell,” he wrote in a one-word, since-deleted tweet on Tuesday. The missive came just hours ahead of the Federal Reserve’s announcement of its latest interest rate decision, and Chair Jerome Powell’s highly anticipated press conference. Read More |
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02.01.23- Cardboard box demand plunging at rates unseen since the Great Recession
It’s the latest indicator that consumer demand is eroding following the pandemic. Dwindling savings, inflation, rising interest rates and fears of a recession may all be swaying consumers to spend less. Read More |
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01.31.23- Markets Haven't Accounted for
Despite these things, investors in the U.S. don't seem to be paying much attention to rising geopolitical risks at present. That may soon change. Read More |
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01.30.23- People We Should Know:
Nouriel Roubini has one of those resumes that inspire skepticism -- because no one should be able to pack that much high-level work into one lifetime. He has, at various times, been associated with Harvard, the IMF, the Fed, the World Bank, the Council of Economic Advisors, the US Treasury, New York University, and (apparently his day job) Roubini Macro Associates LLC, an economic consultancy.Read More
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01.28.23- We're Close To A Death Spiral In The Financial System |
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01.27.23- Collapsing Real Estate Market
I’ll begin by mentioning something published in Investment Watchblog that I found linked over at the Whatfinger.com news aggregation site: US Median Home Price Drops 12% in Six Months – Largest Drop Since 2009. Please take the time to read that article. Read More |
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01.26.23- And Now, for Something Entirely Different: In Ukraine, it appears America will soon be arming both side’s combatants
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01.25.23- Ted Oakley; Expect A Mass Die-Off Of Public Companies Later This Year |
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01.24.23- 2023: Year of the New Gold Bull
Now that we’ve shaken off the cobwebs, it’s time to look ahead and focus on the stocks and sectors with the best potential to take the lead in 2023’s first quarter – and beyond. Unfortunately, many investors are going to miss these opportunities. Read More |
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01.23.23- So What’s Replacing the Dollar?
The U.S. weaponization of the dollar against nations it deems hostile, like Russia, has only intensified the calls for change. What exactly will replace the dollar standard is a matter of debate, but many agree that it’s just a matter of time. It may not happen overnight, but it will happen. Read More |
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I have said this for a long time. The global elite hate you, they want to destroy your standard of living, and reduce you to a serf, a powerless and dispensable carbon emitter. I dare entitled, no doubt wealthy (she’s in government, after all) Chrystia Freeland to walk the streets of Philadelphia, Detroit, Cleveland, and other cities destroyed by the global elite, and try to sell this recipe for poverty and misery. Freeland would not make it out alive in many neighborhoods. Read More |
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01.20.23- Say’s Law and Macroeconomic Ignorance
While there are variations in production outputs of individual goods, in free markets there can never be a general glut. It was this that Keynes had to disprove in order to create a role for the state, intervening to make up for the supposed deficiencies of free markets. While reasoned analysis shows that Keynes failed to disprove Say’s law, he managed to convince the mainstream establishment that he had actually succeeded. Read More |
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01.19.23- The Global Outlook For 2023
Michael Howell writes:
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01.18.23- All Quiet (Panic) on the Western Front
The World Economic Forum (WEF)’s Davos Freak Show is back in business on Monday. The mainstream media of the collective West, in unison, will be spinning non-stop, for a week, all the “news” that are fit to print to extol new declinations of The Great Reset, re-baptized The Great Narrative, but actually framed as a benign offer by “stakeholder capitalism”. These are the main planks of the shady platform of a shady NGO registered in Cologny, a tony Geneva suburb. Read More |
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01.17.23- The easiest 833x return
“Jessica,” he wrote to the precisely zero people who paid attention to his LiveJournal blog, “is a bitch. I need to think of something to take my mind off her. I need to think of something to occupy my mind. Easy enough, now I just need an idea.” Read More |
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01.16.23- A Long Way to Fall: Stock Market’s Bottom is Hardly Even Within Sight
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01.14.23- Real Wages Fall for the Twenty-First Month as Rent and Food Prices Keep Rising
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01.13.23- We Won’t Be Fooled Again – Inflation Is Most Definitely Not “Under Control”
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01.12.23- Dip in Mortgage Rates Not Slowing Housing Bust 2: Mortgage Lenders Sing the Blues
Mortgage applications to purchase a home are a forward-looking indicator of where home sales volume will be. Existing home sales that closed in November already plunged by 35% year-over-year, the 16th month in a row of year-over-year declines, making for a historic plunge. And mortgage applications went into the wrong direction from there, despite the dip in mortgage rates. Read More |
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01.11.23- And Now, for Something Entirely Different: Lemmings Will be Lemmings:
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01.10.23- Scammed!
Too often, government itself is part of that scam. That certainly seems true in the above two cases. And perhaps this is why Sam Bankman-Fried is being treated with kid gloves, with his $250 million bail not involving one bit of cash. Read More |
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01.09.23- It’s Worse Than it Looks: Beneath the Surface the Bottom is Falling Out, and People are Jumping out of Windows
This weekend, for example, I’m going to be working on a deep dive in one of my special posts for patrons into the confusing swirl of conflicting employment news that sent stocks soaring skyward today. It was really far shakier than the market wants to believe it heard. Read More |
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01.07.23- Is There an
But then you have Jeffrey A. Tucker saying that the end of negative interest rates ain’t gonna be a walk in the park. Sez he:
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01.06.23- Here’s What Happens in 2023
As a financial newsletter, we are duty-bound to hazard our annual market forecast — such as it is. So today we fetch our crystal ball from storage, blow away the dust… and gaze for images of the year ahead. How will the economy fare in 2023? Where will the stock market end the year? Gold? Oil? Bitcoin? Read More |
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01.05.23- Recession Or Inflation...
What is the Fed really thinking? They will probably er on the side of lower rates to avoid recession, running the risk of entrenched wage growth. Soft landings are the stuff of myth! How it effects the global economy is critical. Read More |
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01.04.23- Dollar’s demise about to
TOKYO — If you want to know how worried Asian officials are over a sliding US dollar this year, look no further than the frantic scene at Bank of Japan (BOJ) headquarters. Read More |
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01.03.23-Michael Burry: "US Is In Recession, Fed Will Cut And Will Cause Another Inflation Spike"
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01.02.23- Free-Market Capitalism is the Next American Economy
The American experiment has paved the way for millions to escape poverty and build a better life via a free-market system with a constitutional republic that encourages innovation and results in more human flourishing than ever before. Read More |