The latest data released by the Bureau of Labor Statistics (BLS) in the United States shows that consumer prices surged 8.6% year on year in May....
A bigger-than-expected jump in inflation means the Fed may have to get more aggressive about interest rate hikes. An obscure economic indicator suggests...
Politicians and economists seem baffled by low consumer confidence in the midst of low unemployment. One explanation is that rampant inflation is hammering...
Corporations Aren't Greedy Enough Authored by Julius Krein via UnHerd.com, American political debates over inflation have settled into predictable...
Will a recession follow? It’s been a slow start to the month in financial markets but the ECB rate decision on Thursday finally got things moving...
The US inflation reading for May came in at 8.6% year-on-year, its highest pace since 1981, to send markets plummeting. Peter Schiff, Chief Executive Officer...
The May report is mostly bad news. The jump in energy and food prices were expected, nonetheless it will hit consumers hard. It seems likely that...
We Are Hurtling Toward Stagflation Authored by Michael Maharrey via SchiffGold.com, There are a number of signals that the US economy is...
Overview: Chinese markets were the notable exception amid sharp losses in many of the large markets in the Asia Pacific. A rebound in the Japanese...
The BLS’s most recent labor market data is, well, troubling. Even the preferred if artificially-smooth Establishment Survey indicates that something...
Fed's Financial Accounts Report Unexpectedly Reveal Terrible News For Markets Two weeks ago we calculated that based on the recent collapse...
They say Helen of Troy is the face that launched a thousand ships. Well, the question “have we bottomed yet?” has launched a thousand articles. Or...
DataTrek: Oil Prices Hitting $140 Would Mean Recession In The Next 12-18 Months By Nicholas Colas of DataTrek Research 1970s Debt Vs. Today Two...
- by New Deal democratFirst, a note on other economic news from earlier this week. The housing market is getting absolutely crushed by 10 year+ high...
The Inevitable Recession By Philip Marey, Senior US Strategist at Rabobank Summary The negative supply shocks related to COVID and the...
Futures Rise Ahead Of Hawkish ECB Meeting US index futures turned positive on Thursday, even as European stock slipped ahead of the ECB decision...
At this point of the economic cycle I really just get two questions: Are we going into recession and are home prices about to fall? The...
Oil rallies on tight market Crude prices are rallying despite a small inventory build as energy traders see no end in sight as to how tight...
Behold the Phillips curve, one more statistical correlation treated as an eternal verity that our inflationary era has just undermined. From 2007 to 2019,...
Rickards: The Real Reason Why Gold Has Stumbled Authored by James Rickards via DailyReckoning.com, The world has changed radically in recent...
Markets are down today as inflation concerns persist. The post Stock Market Today: Dow Jones, S&P 500 Ease Lower; Roku Stock Surges After Report Of...
What Is a Fed Put?The main goal of the Fed, or the U.S. Federal Reserve, is to maintain a healthy U.S. economy through stable prices and...
Stock index futures lose steam as Target warns investors of short-term profit growth headwinds. The post Top Stock Market News For Today June 8, 2022 appeared...
This week, one of the two central banks scheduled to release their monetary policy surprised markets with a bigger than expected rate hike. In Australia,...
US Import Demand Is Dropping Off A Cliff By Henry Byers of FreightWaves The latest ocean container bookings data reveals that despite the...
Peter Schiff: America Has Never Been In A Weaker Position To Fight Inflation Via SchiffGold.com, Federal Reserve Chairman Jerome Powell,...
Hot housing market not a bubble, economists say PR Newswire SEATTLE, June 7, 2022 Strong fundamentals and credit, low likelihood of crash underpin survey results Sixty...
Inconvenient timing, to say the least. Auto sales in the US last month were, well, not good. According to the Bureau of Economic Analysis (BEA), the...
They called it an atmospheric river, though I’m not really sure who “they” was nor whether the term is scientific or just media hype. Either way,...
Elections Won't Fix This Authored by Jeffrey Tucker via The Brownstone Institute, Americans have limitless faith in democracy. In the early...