The “transitory” inflation swamping the country has stubbornly persisted into July. This week it was announced that producer prices posted a second straight 1% month-over-month
It’s dawning on many investors that our post-Covid financial problems may not be as easily solved as Washington claims. The latest clue that trouble is
Stock market finishes the worst September since 2011. Silver down on the month, but outperforms stock market on the quarter. Stephen Roach speculates 35% collapse
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Good news for Facebook stock is bad news for Main Street. Housing market booms – just like it did before the 2008 crash. Layoffs increasing.
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S&P and Nasdaq close the week with record highs. Apple capitalizes on speculator mania with stock split. Weak economy benefits Wall Street and sedates Main
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The commentary below is from Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Capital and author of the The Real Crash: America’s Coming Bankruptcy.
