Consumers on the Hook for Rising Producer Prices – Ep 749
Supply shortages exacerbated by consumers reading the inflation writing on the wall. Gas prices at the pump close to all time record highs in most
Supply shortages exacerbated by consumers reading the inflation writing on the wall. Gas prices at the pump close to all time record highs in most
Press knows Biden doesn’t have the aptitude to even answer softball questions. Record high stock market eyes blue skies ahead. As Peloton bikes become overpriced
Markets blessed Fed’s decision to begin tapering. Jerome Powell says economy is healthy, but requires monetary policy of an economy in crisis. Full employment is
Expecting accurate inflation reports from the government is like expecting accurate crime reports from the mafia. Dollar falls and gold rises as investors begin to
Jobs numbers come in lower than anyone expected. Investors aren’t buying gold as an inflation hedge because they don’t think there is any real inflation
Gold stocks going down because investors are disappointed they aren’t going up. Fed President Jim Bullard admits inflation is here to stay. The digital revolution
Political theater plays out over the debt ceiling. US was biggest gainer from low interest rates, but will be biggest losers when rates are high.
Fed has become an arm of the US Treasury. Powell admits inflation problem is bigger and worse than he predicted. Investors rush back into energy
Less dovish is not hawkish. Mother of all bear markets in bonds may have just begun. Republicans only care about deficits and spending when Democrats
Fed says the economy is great, but they will maintain the emergency policies they put in place when the economy was terrible. Fed will always