The inverted yield curve on U.S. Treasuries has been flashing warnings about the economy for some time now. 10-year yield has been below the 3-month rate for 212 trading days. Such an inversion telegraphed the last eight recessions. And on Sept. 14, the market surpassed the 1980 record to hold that way for the longest […]
The Bond Market Has Never Sounded Recession Alarms for This Long Read More »
Easily identifiable domestic threats to portfolios include lingering inflation along with possible future interest rate hikes, a reignition of banking issues, and housing prices that have stretched higher in relation to relative incomes than they did during the 2008-09 financial crisis. Investors have yet to break even from January 2022 and are still realizing losses of
Record Global Debt Could Deliver Punishing Blow to Markets This Year Read More »
Efforts to bring down inflation could collide with high debt loads, Goldman Sachs warned, highlighting the implications for US debt. That comes as higher rates are already pressuring government balances via increasing interest costs. “This suggests the US and UK are the most obvious candidates for a duration risk premium repricing.” The note said, referring
Topping his concerns include central banks reining in liquidity programs via “quantitative tightening,” the Ukraine war, and governments around the world “spending like drunken sailors.” “If and when you have a recession, which you’re eventually going to have…,” Dimon said. “In a normal credit cycle, something always does worse than expected,” he added. “I think
House Majority Whip Tom Emmer, R-Minn., on Tuesday afternoon will reintroduce the Central Bank Digital Currency Anti-Surveillance State Act. a Republican-backed bill that aims to prevent the Federal Reserve and its member banks from issuing a digital version of the dollar and using it to implement monetary policy. 130 countries, representing 98% of the global
GOP Takes on Federal Reserve in Battle Over Digital Dollar Read More »
Prices will make a move and hit $5,000 an ounce within three years, according to Michael Lee, Founder of Michael Lee Strategy. … The macro data the market is basing its estimates on looks manipulated or flawed by design, according to Lee. “For a lot of the United States, they’re already in recession,” “Every single
Stocks could crash nearly 50% as a severe recession sets in, Milton Berg has warned. The veteran technical analyst flagged investor complacency and more banking woes as risk factors. Berg expects the S&P 500 to plunge below its level in October and approach its pandemic lows. The S&P 500 could crash nearly 50% as the
Peter Schiff explains- government spending has created the price inflation Americans continue to struggle with and how it has bankrupted the United States. The Biden administration keeps touting its “investments” in infrastructure and other programs. Meanwhile, average Americans continue to say they’re struggling with price inflation. “All of that government spending is being financed by
Government Spending Has Bankrupted the U.S. Read More »
History and legal precedent tell us that fiat will die and gold will return to provide an anchor to credit system values. We know that from the dawn of monetary history, money is gold. Banking, as we know it today, was developed in England by London’s goldsmiths who began to receive the gold and silver
A Brief History of the Gold Standard Read More »
Key Points: U.S.-led West will soon witness the end of the dollar’s preeminent position in international trade and all of fiat will follow, writes Patrick Barron on behalf of The Mises Institute. Barron says the recent BRICS summit in Johannesburg, South Africa, included “an agreement on a first step toward establishing an alternative international trade
BRICS Will Break the Dollar and Usher a Return To Gold – Mises Institute Read More »
