
Diesel Back Above $5, Gas Prices Continue To Rise As "Ugly Inflation" Returns
• Zero Hedge - Tyler DurdenAmericans can expect a "return of some ugly inflation to freight, home comfort, and airfares"...
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Americans can expect a "return of some ugly inflation to freight, home comfort, and airfares"...
Congratulations to Ben Bernanke for winning a much coveted and well-deserved Nobel prize.
One week after former NY Fed guru Marc Cabana (who needs no introduction but in case someone is unfamiliar, please read this), warned that the Fed could follow in the BOE's footsteps...
After another extremely volatile week which ended on a payrolls high, or rather low for stocks, we get a quieter week for data with what Jim Reid calls "one ginormous exception" - yes all roads to and from will all center around US CPI on Thursday.
The Federal Reserve has a legal dual mandate to minimize unemployment and price inflation.
Boots on the Ground...Oct. 9th...Gas prices are rising again
Boots on the Ground...Oct. 9th...Gas prices are rising again
Money manager and economist Peter Schiff says the markets think the Federal Reserve can win the fight on inflation by raising interest rates.
With the 30 Year mortgage now (un)comfortably into 7% territory, the US housing market is already suffering the "sharpest turn since the 2008 crash", according to Redfin...
How are interest rate hikes and quantitative tightening affecting markets?
Our politicians in Washington are literally destroying our future. But do you see anyone out in the streets protesting their calamitous policies? By now, you have probably heard that the U.S. national debt has hit 31 trillion dollars.
One central theme that comes to mind is the impact of higher natural gas prices and, by extension, power prices. Americans will soon see higher gasoline prices at the pump because of OPEC+ production cuts slated for next month.
There is a growing realisation that the world faces a combination of persistent inflation of prices and a recession at the same time.
One would have hoped that after the fall of the Soviet Union, the idea of a centrally planned economy would have been discarded forever. But alas, it was not. And now we are witnessing the failure of the "Western" version of central economic planning
... For 2nd Time In 2 Weeks. "We expect there to be downward adjustments to volume forecasts,"
How most of the worlds biggest banks failed and had to get bailed out.
Our politicians in Washington are literally destroying our future. But do you see anyone out in the streets protesting their calamitous policies?
It's HERE: the financial crash of a generation (has already begun)
As The Wall Street Journal recently reported "...vast numbers of Americans find their cost of living is rising faster than the income they're bringing home," under the Biden administration.
Government takes it upon itself to tax what they consider windfall, or unfair, profits. Occasionally they pass out huge amounts of money to cover windfall losses on the part of favored corporations.
Say hello to the bullwhip effect.
Why would we want America's retirement money blown on this stuff?
Do your homework...
"Bad" news from JOLTS this morning prompted more buying of 'all the things' today as the hope/hype continues that The Fed will pause/pivot sometime soon, unicorns will ride through the streets, and everything will be awesome once again.
The parallels between 2008 and 2022 just keep getting stronger.
Boots on the Ground...Oct. 2nd...There is no getting out of this collapse...It will happen.
The title speaks for itself. The Fed is going to continue raising rates until inflation shows notable improvement.
Fed supply chain pressure index headed in opposite direction of inflation
OPEC to cut production a million barrels a day. Also, Biden blames bid oil companies for excessive profits.
Since Fed Chair Powell unleashed his short-and-sweet uber-hawkish comments in late August at Jackson Hole, market expectations for The Fed's terminal rate (cycle high before pause or cuts resume) has surged hawkishly (adding 100bps of hikes).