Those who follow this blog already knew that the Federal Reserve would not drop rates in the future due to unsustainable fiscal policies paired with America’s increasing involvement in foreign wars. All of the talking heads were preaching that rates would significantly decline to pandemic levels, as if that were the historical norm. Every fiscal […]
Statistics Canada reported that inflation slowed in January to 2.9%, beating expectations of 3.3%. So why are Canadians still struggling to afford basic necessities like rent and food? Mortgage interest costs remain the top noted driver of inflation after rising 27.4% YoY, while rentals increased 7.9% during the same period. Bank of Canada governor Tiff […]
European Central Bank President Christine Lagarde’s approval rating is “poor,” at best, according to a union-run IPSO survey. Around 60% of European Central Bank staff members do not approve of Lagarde’s presidency, with 53.5% saying she is not the “right president for the ECB at the current juncture.” The poll found that 59% of staffers […]
One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together other variables that often go unnoticed commonly point their finger at the Federal Reserve. No one is factoring in the largest driver of inflation – WAR – nor are they […]
Everyone wants to know what the Federal Reserve will do in 2024. Of course, people want to believe that the Fed will slash interest rates in the New Year. The pundits cling to every word except when, at the start of the month of December, Powell boldly criticized the Biden Administration, saying that his outrageous […]
COMMENT: Thank you. That post finally opened my eyes. That’s why there has been no inflation with all the QE and negative interest rates since 2014 here in Europe. If I buy your house and we are in the same country, it’s just a poker game. The number of chips on the board just moved […]
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COMMENT: I watched a pretend analyst who claimed the 1987 Crash was nothing. It is amazing how these people claim to be analysts yet do not understand the first thing about what took place behind the chart. I was there at your WEC in Princeton the weekend of the crash. I don’t remember if […]
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