China won’t let Evergrande be the next Lehman Brothers. Fed took us 1 step forward and 100 steps back. Higher retail sales doesn’t mean consumers
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
Grover Cleveland was really a libertarian and one of our greatest presidents. The populist movement lead to Labor Day and ultimately in 1913 to the
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.
Gold reacts counterintuitively to inflation fears. Fed changes the definition of transitory inflation. Q2 Productivity numbers disappoint analysts. Biggest government expansion of the welfare state
