Consumer price inflation continued to run hot in January. CPI increased a stronger-than-expected 0.6% during the month, boosting y-o-y inflation to a 40-year [...]
The global central bank community has been wrong on inflation. Their analysis lacked objectivity and analytical vigor. Groupthink. Flatfooted. That [...]
Wednesday’s FOMC meeting made for a hawkish week, at least within the headlines. “Banks Scramble to Change Fed Rate Calls After Hawkish Shift.” “Rate [...]
Please join Doug Noland and David McAlvany Thursday, January 27th, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q4 recap conference call, [...]
“U.S. Inflation Hits 39-Year High of 7%, Sets Stage for Fed Hike.” “Powell Makes Case for Fed Curbing Inflation While Doing No Harm.” “Federal [...]
Issue (singular) 2022. Is “money” (monetary inflation) more the solution or the problem? For a number of years now, I’ve highlighted in my January [...]
Books will be written chronicling 2021. I’ll boil an extraordinary year’s developments down to a few simple words: “Things Ran Wild”. Covid ran wild. [...]
For the Week: The S&P500 rallied 2.3% (up 25.8% y-t-d), and the Dow rose 1.7% (up 17.5%). The Utilities were little changed (up 11.7%). The Banks gained [...]
The Fed doubled monthly taper to $30 billion, which, if uninterrupted, will wind down QE by the FOMC’s March 17th meeting. The S&P500 briskly popped 1.6% [...]
In such an extraordinary environment, I’ll take note of two of this week’s developments. China – in an about-face – implemented policy easing [...]
Senator Pat Toomey: “Mr. Powell, under the Fed’s new flexible average inflation targeting the inflation target remains at 2%… Core PCE, the Feds [...]
I posted a link Thursday morning to a Bloomberg article, “New Coronavirus Variant a ‘Serious Concern’ in South Africa.” The seemingly small outbreak [...]
