The Fed Flunks Monetary Policy – Ep 701
Worse than expected inflation report furthers transitory fantasy. Fed failing its mandates. IRS abates my excessive $1.4M penalty. US using Covid to keep citizens from
Worse than expected inflation report furthers transitory fantasy. Fed failing its mandates. IRS abates my excessive $1.4M penalty. US using Covid to keep citizens from
New Covid-19 relief stimulus bill passes Congress. 200 years worth of debt added in one year of 2020. Trump outdoes Obama’s deficit in only one
Another vaccine, another rally. Easy money is here to stay no matter what happens with COVID. Price surges coming. Was Buffett embarrassed by his big
Biden advisor proposes another lockdown; says the Fed will pay everyones’ wages. Is it a Trojan horse for UBI? No recovery in sight for the
Trump extends stimulus olive branch to Pelosi. Kudlow lies behind his mask. Republicans cave on spending. QE goes from tool of last resort to standard
Trump temporarily dashes stimulus hopes. National debt tops $27 Trillion. Trade deficit in manufactured goods hits all time record high. Jerome Powell either doesn’t understand
Last jobs report before election overshadowed by COVID-positive Trump. Possibility of a President Pence becomes more probable. Deregulation and lower taxes would stimulate the economy.
Stock market finishes the worst September since 2011. Silver down on the month, but outperforms stock market on the quarter. Stephen Roach speculates 35% collapse
Dollar rallies in the face of stock market fall. Bubble stocks more bubblicious. Monetary stimulus only stimulates inflation. Daymond John wants the government to print
Everything gets slammed. Chart looking weak for the Dow and Russell, strong for silver. Bloom coming off the rose of economic recovery. Political tensions rise