There has been spreading chatter that during Jerome Powell's upcoming appearance at a Wall Street Journal virtual event on Thursday at noon, the Fed Chair may unveil changes to Fed bond buying and potentially...
"Most businesses remain optimistic regarding the next six to 12 months as Covid-19 vaccines become more widely distributed.,"...
Our problem, in a Canute shell
Americans fled the big cities "in droves" in 2020, and one recent survey discovered that even more Americans are planning to move in 2021.
The price of fuel is beginning to rise and the dramatic spike is due to continue. But the real reasons why are not the ones being reported by the MSM.
"...will likely feed through to higher consumer inflation..."
Is that really what you want to spend your time doing, paying higher taxes?
Eviction Moratorium Ruled Unconstitutional, Largest Tsunami Of Evictions In U.S. History Incoming…
US Treasury Secretary Janet Yellen told her G20 colleagues Friday that Washington is dropping a push for a controversial provision in a global digital tax, opening the door to a likely agreement.
Interest rates continue to rise. Gold continues to languish. The stock market bubble continues to inflate. In his podcast, Peter Schiff argues that investors are reading the tea leaves all wrong.
Kill authentic price discovery, you also kill markets, and in killing markets, you kill allocation of capital and risk management, and in killing those, you kill the economy...
The flipside: personal income excluding government handouts actually declined by $22.3BN from $15.696TN to $15.673TN, hardly a sign of a healthy, reflating economy.
In the past month we have been inundated with analyst reports warning that a sharp spike in yields, especially above 1.50%, would be a trigger for a broader equity selloff (and as noted earlier, we were less than 1 basis point away from 1.50%).
From time-to-time historically, national authorities have resorted to financing by their central bank to cover budget shortfalls.
This is as close to a failed auction as we have ever come...
After sliding for four straight months, analysts expected pending home sales to flatline in January (despite bounces in new- and existing-home sales).
The U.S. House version of the "American Rescue Plan Act of 2021" – a $1.9 trillion emergency aid package to help America recover from the coronavirus pandemic has an extra perk for federal workers: Enhanced paid time off if your child is enroll
The Federal Reserve's critical system for interbank payments which serves as the backbone of virtually all money transfers in the US, went down Wednesday afternoon as trillions in payments suddenly ground to a halt.
A little over a month ago, on January 7 when looking at the technicals in the Treasury market and when the 10Y was trading at just over 1%, we warned that "it's about to get ugly"...
Michael Burry who predicted the 2008 market crash issues another warning to the American people; Tucker Carlson reacts.
The coronavirus pandemic has severely tested global supply chains like no other event in recent world history, resulting in large shocks to both demand and supply. And it's only about to get worse.
The interruption impacted multiple Fed services, including its pivotal automated clearinghouse system, which connects depository and related institutions send electronic credit and debt transfers.
Long Term Chart of Mortgage Rates vs the 10-Year Treasury
ast Friday, the House Committee on Oversight and Reform (COAR) approved a bill as part of Congressional Democrats' budget reconciliation efforts that would provide $350BN of direct aid to state and local governments...
Texas' infrastructure wasn't ready for the winter storm that paralyzed the state this week, and it's unfair that the working people are now forced to pay the price, a local woman who received a shocking power bill told RT.
Inflation Signals Soar To Record Highs Amid Mixed PMIs
Despite the weather and disappointing labor market data, existing home sales jumped 0.6% MoM in January (far better than the 2.4% drop expected) to an annualized 6.69 million, after a downwardly revised 6.65 million in December.
In this video, we cover how there's a light at the end of the tunnel with the sickness but there are major troubling changes to the economy that could be coming.
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Stock prices are not going to stay this high. Everyone can see that we are in a stock market bubble that does not have any parallel in all of U.S. history, and everyone can see that the end of that bubble is approaching.