Summer Data Swoon Puts Fall Taper in Doubt – Ep 728
Jobs numbers disappoint expectations, but Biden brags. Inflation expectations highest since just before 2008 financial crisis. AOC pressures Biden to nominate a more woke Fed
Jobs numbers disappoint expectations, but Biden brags. Inflation expectations highest since just before 2008 financial crisis. AOC pressures Biden to nominate a more woke Fed
Powell offers no clues on taper timetable. Powell vows to keep interest rates low until QE is finished. Powel blames price increases on exploding demand
Fed will talk about tapering until it can use Delta as an excuse not to. Bitcoin is irrelevant to monetary policy. Accepting Bitcoin for mortgage
Markets spooked by CNBC interview with Boston Fed President. Higher inflation leads to more poverty and a wider wealth gap. Food stamps are really money
Rising costs increasing producer pricing. US home prices rising at fastest pace in history while affordability hits record low. Trade deficit continues its path higher.
Consumer prices on the rise and going higher. Markets figuring out the Fed can’t fix Inflation. Trump calls Bitcoin a scam. Michael Saylor goes on
Inflation is on the rise and so is denial about it. Oil prices reach their highest levels since Covid began. Broken bond market and rising
Contradictory jobs reports creating market volatility. Russia begins dumping dollars and buying other currencies and gold. AMC buyers think they’re sticking it to the man
Falling Dollar elevating Yuan. China increases its child limit. Ray Dalio didn’t endorse Bitcoin; he condemned treasury bonds. American soldiers died protecting our freedoms, but
The Great Rotation is underway. Gold closes the month with its highest monthly close since August 2020. Headline PCE has biggest rise in 13 years.