The Year of Living Dangerously in Review – Ep 765
Peak speculation in 2021 lead to meme stocks, silly named crypto, NFTs, and all time record highs for: Issuance of SPACS Mergers & acquisitions Corporate
Peak speculation in 2021 lead to meme stocks, silly named crypto, NFTs, and all time record highs for: Issuance of SPACS Mergers & acquisitions Corporate
Everyone is talking about inflation. Fed is re-rigging the CPI again to hide increasing inflation. Strong economies create surpluses, not deficits. US is importing more
Santa Claus rally comes early. Even Fed’s sugarcoated data shows inflation twice has high as their target. Gold may be turning its $1800 ceiling into
Chinese imports have kept a lid on goods prices, but not services. Dollar will decline when foreign investors no longer want US stocks. We now
Bitcoin continues to lose ground to Ethereum. Maxine Waters leads Congressional hearing on crypto. FDIC made banking less safe. Bitcoin competes with 14,000 other cryptocurrencies,
Markets recover most all of their Black Friday losses. Fed can’t fight inflation without deflating inflated economic bubble. Data shows biggest drop in productivity in
Covid crashes market again with new Omicron Strain. Dow suffers its worst drop since Covid lockdowns started. Investors choose Euro and Swiss Franc over US
2021 marks the most expensive Thanksgiving dinner ever. Oil companies can’t pump oil as fast as the Fed can print money. Pilgrims set sail for
Biden reappoints Powel as Fed Chairman and promotes Brainard to Vice Chair. Gold sells off and dollar rises on Fed news. Investors worried about inflation
Socialists are the only ones who believe Biden’s bill will Build Back Better. Democrats accidentally admit that inflation is caused by expanding deficit and money