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[Yahoo/Bloomberg] US Stocks Slip With Focus on Rates; Pound Falls: Markets Wrap [Yahoo/Bloomberg] China Stock Slide Puts Hedge Funds’ Crowded Trade at Risk [Yahoo/Bloomberg] Oil Slumps as US Stockpiles Seen Swelling and Dollar Advances [CNBC] Retail sales jump 3% in January, smashing expectations despite inflation increase [CNBC] Mortgage demand drops as interest rates bounce […]
At What Point Does Interest On The National Debt Bury US? The Fantasy Of Modern Monetary Theory In The Age Of Inflation The Fantasy Of Renewable Energy In The Age Of De-Globalization Not The Debt Stupid, It’s The Interest February 15, 2023 “I think for the retiree, it’s really a question of seeing these issues, […]
[Yahoo/Bloomberg] US Stocks Climb After Inflation Data: Markets Wrap [Yahoo/Bloomberg] Oil Drops on US Plan to Sell More Crude From Strategic Reserve [Yahoo/Bloomberg] Traders Bet a Ueda-Led BOJ Will Soon End Yield Curve Control [AP] US inflation slows to 6.4%, but price pressures re-emerge [CNBC] Inflation rose 0.5% in January, more than expected and up […]
Life in these United States—as in much of the world—is getting more expensive. Options are getting fewer. Laws are proliferating. Obedience to the law is deteriorating. Perhaps the true legacy of multiculturalism and postmodern philosophy is that now we all have different ways of doing things. No one agrees on what’s doable, what’s desirable, or […]
[Yahoo/Bloomberg] Stocks Rise at Start of a Crunch Week: Markets Wrap [Reuters] Oil falls on demand worry as Fed ‘make or break moment’ approaches [Yahoo/Bloomberg] Turkey Weighs Extending Stock-Market Closure as Quake Toll Rises [Yahoo/Bloomberg] Adani Shares Drop as Group Said to Halve Revenue Growth Target [Yahoo/Bloomberg] Morgan Stanley Strategists Say Stocks Ignore Fed, […]
[Reuters] Republicans won’t cut Social Security or Medicare, everything else on the table in debt talks, House Oversight Committee Chair says [Yahoo/Bloomberg] Ukraine Latest: G-7 Foreign Ministers Plan to Meet in Munich [Reuters] Earthquake death toll tops 28,000, Turkey starts legal action [Yahoo/Bloomberg] Quake Latest: Turkey’s Economic Toll Could Reach $84 Billion [Yahoo/Bloomberg] Japan’s LDP […]
[Reuters] Wall Street Week Ahead: Last year’s laggards lead U.S. stocks’ 2023 rebound, for now [Yahoo/Bloomberg] BlackRock, Pimco Push Back Against Bets Inflation Cooling Fast [AP] Survivors still being found as quake death toll tops 25,000 [Reuters] Rescuers toil on in rubble of Turkey and Syria, survivors ever harder to find [Reuters] China tightens […]
Inflationary Fire or Recessionary Ice This week was relatively calm for markets and uneventful on the economic data calendar. These were welcome and merciful developments from the perspective of this author. Yours truly has been hit hard by a sickness that stubbornly and frustratingly just won’t let up. As a result, HAI will be brief […]
