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Perception Management overrides hard science in monetary policy Bank of England states “QE Not Ideal In Longer Term” Rented a VHS video lately? Blockbuster up 53% in a week The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Absolutely Original, Blockchain Secured, Digital Art—Only $69 Million March 16, 2021 “It’s impossible to call the top, […]
[Yahoo/Bloomberg] Stocks Edge Up; Oil Slips: Markets Wrap [Reuters] Oil drops amid rising stockpiles and COVID-19 demand concerns [Reuters] Fed officials may talk technical rate move but delay acting for now [CNBC] Why this week’s Fed meeting could be ‘March madness’ for markets [CNBC] Harsh weather temporarily weighs on U.S. retail sales in February [Yahoo/Bloomberg] […]
Have you been following silver? There’s certainly been some excitement in that world lately. Some folks on the WallStreetBets subreddit tried to run the price up after successfully doing the same thing with some out-of-favor stocks. With silver, though, their attempted roar came out as a squeak. Silver quickly rose a few dollars in price […]
[Yahoo/Bloomberg] Stocks Gain as Oil Dips; Europe Stocks Rise: Markets Wrap [Reuters] Euro zone government bond yields stabilise; U.S.-Germany spread at widest in one year [Reuters] Dollar sets pace ahead of key central bank meetings [Reuters] World stocks firm as stimulus fuels economic optimism [Yahoo/Bloomberg] Powell’s Challenge: Reconcile Better Outlook, Ultra-Easy Policy [Reuters] Fed likely […]
[CNBC] Fewer kids are going to college because they say it costs too much [AP] China, North Korea loom as Blinken, Austin head to Asia [Yahoo/Bloomberg] Fed to Hike Rates in 2023 but Dots Won’t Show It, Economists Say [Yahoo/Bloomberg] ECB’s Kazaks Says Yield Gains Won’t Always Spur More Bond Buying [Yahoo/Bloomberg] Global Central Banks […]
[Reuters] Pelosi says U.S. lawmakers must work ‘swiftly’ on major infrastructure package [Reuters] First U.S. stimulus payments to hit bank accounts this weekend: officials [Yahoo/Bloomberg] Bear Warning Seen With Nasdaq 100 Velocity Stalling at 2000 Peak [Yahoo/Bloomberg] Market Manipulation Chatter Rises as Digital Art Scene Explodes [AP] Explainer: What’s this craze for ‘NFTs’ all about, […]
Real But Unacknowledged, Inflation Is the Elephant in the Room A failed rally in the 10-year Treasury took yields back to the highs for the week, passing 1.62%. Though the FED speaks as if inflation is a non-issue and merely “transitory,” the Treasury market five-year breakeven rate at 2.578% suggests that we have many years […]
I received a friendly email a few weeks back from a reader inquiring whether my analysis is Fact or opinion. Well, it’s my opinion that the world is in the “Terminal Phase” of history’s greatest Credit Bubble. It is opinion that U.S. and global equities markets are historic speculative Bubbles, fueled by runaway Monetary Inflation […]
