New Labor & Spending Data Reveals What's Missing
• https://www.youtube.com, Eurodollar UniversityWe're used to seeing this kind of thing out of the payroll reports, but I don't think anyone really expected this.
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We're used to seeing this kind of thing out of the payroll reports, but I don't think anyone really expected this.
There is a high likelihood that, due to the past large decline in the yearly growth rate of the money supply, the US economy is heading towards an economic bust.
We will find out soon, and I think most people will be blindsided.
Mortgage delinquency rates are creeping up, an indicator that U.S. economy may be in big trouble.
This will get massive pushback because it's true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy - it can't be both.
Recently, internet sources have been heralding the coming collapse of the U.S. dollar, citing claims that Turkey, China, and Japan are allegedly "dumping" the dollar. The reality is far less condemning.
Consumer sentiment has fallen to the lowest level ever recorded since the University of Michigan began tracking the data in 1952. The index declined to 44.8 in May as Americans increasingly fear inflation, rising fuel costs, and economic instability
The official narrative of a strong U.S. economy is contrasted with the daily financial struggles of Americans facing high prices for groceries, gas, and housing, alongside record credit card and household debt. This segment argues the economic system
Saylor sold Bitcoin for the first time, Stretch hit $90, and the self-perpetuating death spiral I've been warning about just started.
This week, I spent a lot of time thinking about narratives…and what happens when reality collides with them.
The White House has yet another rationale for tariffs, and it's another attack on the separation of powers.
Electricity prices are becoming one of the fastest-rising household expenses in parts of America.
Big cities like Hong Kong or Los Angeles are well-known for their expensive real estate markets. But there are also plenty of housing markets you wouldn't necessarily expect among the least affordable – including several in Australia, New Zealand
According to the ExxonMobil Vice President Neil Chapman, Americans may soon reminisce about the days when gas cost a mere $4.30 per gallon – the current national average price.
Recent Washington mayhem added powerful momentum to the fiscal doomsday path upon which the Federal government was already hurtling.
The legislation is being framed as a turning point for U.S. crypto policy, but there's a major piece of the puzzle being overlooked, argues Singh.
This comes on the heels of Cliffwater's CCLFX reporting redemption requests equal to 17% of NAV, far above its 5% quarterly redemption limit.
What happens to the global economy when conflict erupts in one of the world's most strategically important regions? In this interview, Phillip Patrick breaks down the far-reaching economic implications of the Iran war, including its impact on oil pr
This week the ECB quietly confirmed what the gold market has been screaming since 2022: for the first time in 30 years, gold has overtaken US treasuries as the largest reserve asset on the planet.
For months I've been arguing that investors are ignoring a growing list of warning signs across the economy and financial markets.
The stock market melt-up, three trillion-dollar IPOs ringing the bell at the top, a woman whose entire life savings vanished from Fidelity overnight - and why I'm still buying gold and "playing in the dirt".
So we as a nation are waiting for the system to break down so we're forced to empty the overstuffed freezer and start over.
Thailand's white rice prices surged +20% in May, the biggest monthly increase in data going back to 2008.
Shares of Victoria's Secret surged a mind-boggling 40% in the U.S. morning cash session after the bras-and-lingerie retailer delivered a stronger-than-expected first quarter, boosted its outlook, and showed signs of a turnaround plan in motion.
"In many of these fraud cases, we can't get the money back… once it leaves the country, it's gone-- U.S. taxpayers lose $1 TRILLION per year to these fraudsters-- U.S. taxpayers were literally funding transnational criminal gangs worldwide
...But American Families Are Paying Even More For Health Insurance
We are losing ground economically. We are losing credibility abroad. We are losing tourists, workers, stability, trust, constitutional guardrails, and whatever remained of the illusion that the government answers to "we the people."
He walks through the mispricing he sees in precious metals and related stocks, explains why collapsing real rates will be the tailwind markets are missing, and warns that neither the Fed nor the political class have a clean way out.
As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy.
Host:
Ernest Hancock
John Sneisen (The Economic Truth) comes on the show to discuss economic and market conditions, precious metals, the bond market, private credit, future predictions, etc...