Powell Signals Fed's Pivot: Job Market Concerns May Prompt Rate Cuts
Federal Reserve Chair Jerome Powell’s testimony to Congress signals a potential shift in the Fed’s approach to monetary policy. While acknowledging progress in combating inflation, Powell highlighted the cooling job market and the risks of maintaining high interest rates for too long. This balanced perspective suggests the Fed is moving closer to considering rate cuts, […]
Four Unbelievable Narratives
Four Unbelievable Narratives Authored by James Rickards via DailyReckoning.com, Everyday Americans and investors in particular are confronted with “narratives” daily. Many include hidden agendas that are politically, ideologically or financially driven. The key for investors is to see the narrative for what it is, avoid the mass psychosis, position yourself for reality and succeed in […]
‘Veiled Threat’ – Saudis Warned G-7 Against Russian Asset Seizure Plan
‘Veiled Threat’ – Saudis Warned G-7 Against Russian Asset Seizure Plan In a fascinating geopolitical shift, Bloomberg reports that, according to people familiar with the matter, that Saudi Arabia privately hinted earlier this year it might sell some European debt holdings if the G-7 decided to seize almost $300 billion of Russia’s frozen assets. As […]
Authorities Are Literally Losing Control Of The Streets As America’s Societal Collapse Accelerates
Authorities Are Literally Losing Control Of The Streets As America’s Societal Collapse Accelerates Authored by Michael Snyder via The Economic Collapse blog, In a civilized society, authorities are able to maintain at least a basic level of law and order in the streets most of the time. Unfortunately, at this point it is up for […]
Stellar 3Y Auction Stops Through With Highest BId-To-Cover Since January
Stellar 3Y Auction Stops Through With Highest BId-To-Cover Since January With Powell giving off strongly dovish hints today and Thursday’s CPI expected to come in soft for the 3rd month in a row, moments ago the Treasury had no problem finding buyers for $58 billion in 3 year paper in a very strong auction to […]
Joe Rogan Explains The Border Crisis
Joe Rogan Explains The Border Crisis It’s a simple 5-step plan that is becoming more and more obvious (to all but the blinkered – who also didn’t see Biden’s senility for three years until last Thursday) every day… Open the border to the Third World Give them aid and free housing Oppose “racist” Voter ID […]
What Is Happening To Incomes?
What Is Happening To Incomes? Authored by Jeffrey Tucker via The Epoch Times, Yesterday I paid a visit to my favorite local grocery, a family-owned boutique with wonderful products from around the world. It does tremendous business because of its customer focus and excellent selection due to stable supplier relationships. This is what allowed them […]
Robusta Rockets To 16-Year High After Major Grower Vietnam Records Export Plunge
Robusta Rockets To 16-Year High After Major Grower Vietnam Records Export Plunge The global robusta coffee shortage continues unabated, with prices reaching new highs in London trading on Tuesday. The surge, according to Bloomberg, is directly linked to concerns over sliding bean exports from Vietnam due to ongoing droughts. Vietnam, the world’s second-largest producer of robusta beans, recorded […]
Scene Of Misery
Scene Of Misery By Michael Every of Rabobank Today’s market action is obviously going to be Fed Chair Powell’s first round of semi-annual Congressional testimony. The expectation is that recent US data will have been enough for him to open the door to September as being the magical date when the Fed first cuts rates […]
ING Gold Monthly: The Bull Run Isn't Over Yet
Gold has experienced a remarkable rally in 2024, surging over 15% year-to-date and reaching record highs despite high interest rates and a strong US dollar. This bullish trend is expected to continue through the end of the year, driven by geopolitical tensions, safe-haven demand, and sustained central bank buying. The prospect of US interest rate […]