Outstanding Treasury Securities began 2008 at $6.051 TN, or 41% of GDP. Treasuries ended 2019 at $19.019 TN, or 87% of GDP. And then, in only three quarters, [...]
Please join Doug Noland and David McAlvany this Thursday, January 21st, at 4:00pm Eastern/ 2:00pm Mountain time for the Tactical Short Q4 recap conference [...]
Fragility. Last year exposed myriad fragilities. The U.S. stock market went from all-time highs to an emergency FOMC meeting in ten sessions. The S&P500 [...]
Over 350,000 Americans dead, with the Covid death toll projected to rise another 150,000 by the end of January. Confirmed Covid cases have exceeded 20 million [...]
For the Week: The S&P500 slipped 0.2% (up 14.6% y-t-d), while the Dow was little changed (up 5.8%). The Utilities declined 0.9% (down 2.9%). The Banks [...]
Federal Reserve Assets surged $120 billion last week to a record $7.363 TN. Fed Assets inflated $3.593 TN, or 95%, over the past 66 weeks. M2 “money” [...]
Airbnb traded to $165 in early Thursday trading, more than doubling its Wednesday evening $68 IPO price – valuing the company north of $100 billion. [...]
November non-farm payrolls gained 245,000, only about half the mean forecast – and down from October’s 610,000. It was the weakest job growth since [...]
The U.S. Goods Trade Deficit jumped to a then record $76 billion back in July 2008. A few short months later, financial chaos unleashed the “great [...]
November 18 – Reuters (Rodrigo Campos): “Global debt is expected to soar to a record $277 trillion by the end of the year as governments and companies [...]
The “average stock” Value Line Arithmetic Index jumped 6.4% for the week. The NYSE Arca Oil Index surged 19.8%, with the Philadelphia Oil Services Index up [...]
We’ve grown accustomed to the “new normal”: Stock market ebullience even as the country suffers through a distressing confluence of hardships. The [...]
