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
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;
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
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
Take the CPI numbers with a grain of salt. The CPI will catch up to the PPI. Fed’s new definition of transitory means a permanent
Producer Price Index numbers come in higher than expected for 9th month in a row. Inflation trends show no sign of being transitory. When you
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
