Future prices for hot-rolled steel, commonly used in producing frames for trucks and heavy machinery, hit a record high Monday on the prospects of an infrastructure deal nears.
With BofA predicting that the US is facing a period of "transitory hyperinflation", one which could last up to 4 years, as a result of soaring commodity prices in everything from metals to food and beyond, in what increasingly more warn is a stagflat
Surging rents - the "missing link" from both the CPI and PCE baskets - are back with a vengeance, and the result is that no matter which official inflation metric one uses, we are about to see some truly epic inflation numbers in the coming weeks.
Author F. William Engdahl exposes BlackRock, which controls $9 trillion in assets, and its associates who hold key positions in the US government under the Biden administration...
When it comes to the current state of used trucks, forget what Econ 101 teaches about supply and demand. Rather than one impacting the other, both are driving used truck prices to a post-Great Recession peak.
• World Alternative Media - Josh Sigurdson - Bitchut
Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the dangerous amount of printing and market manipulation we're witnessing right now and how it could culminate not only in inflation but a massive market crash.
After April's ugliness, today's Existing Home Sales data for May is the first chance to see signs of recovery in the housing market as state reopenings accelerate.
More and more Americans are driving older cars. A new report found the average age of a vehicle on US highways hit a record high of 12.1 years in January. What this may suggest is a repair and maintenance boom is ahead.
Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities.
The plea comes even after Congress appropriated more than $1 trillion over the past year to support smaller employers through forgivable loans and grants.
Five-hundred-dollar payments were recently sent out to 100 residents in the small towns, rural corners and city blocks of Ulster County in upstate New York