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
Nasdaq and S&P finish the week strong. Robinhood closes the week near its all time low. Newmont leads gold mining stocks lower. Gold mines don’t
US dollar would tank if traders understood implications of economic data. Trade deficit continues to break records month after month. Strong economies have trade surpluses;
Elon Musk needs a rocket ship to find Tesla’s PE. Bakkt Holdings rises on crypto partnership with MasterCard. Jack Dorsey warns of imminent hyperinflation. Stanley
Netflix and Tesla stocks make all time highs. Trump SPAC makes a splash. Investors buying WeWork SPAC are putting lipstick on a pig. Gold price
Bonds are never a safe haven against inflation. Consumers can’t afford to buy houses for what it costs builders to construct them. Zillow bails on
The inflation that we were emphatically told would be transitory and unmoored continues to persist and entrench. As the troubles gather momentum Washington is doing
Markets turn risk on. Producer prices rise to levels not seen since peak inflation of the 1970s. Inflation is double the Fed’s benchmark now and
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
