Dollar hits new low — valued in real money:
Dollar hits new low — valued in real money:
inflation
Why can’t we have low rates?
Why can’t we have low rates? I see real estate agents and loan officers on social media claiming low rates are just around the corner for the last 12 months. Why do they keep getting it wrong? Well, first off they are in sales. No one in sales tells you this is a bad time …
In August of 1971 Richard Nixon took the USA “temporarily” off of the gold standard which linked the US Dollar to gold.
When Nixon shut down the gold window at the US Treasury, there was no longer anything supporting the US Dollar. This has lead to massive inflation over the past 52 years whereas income has not even remotely kept up. This has also enabled the US government to take on massive debt and out of control …
10-year Treasury yield hits its highest level since 2007 as jobless claims decline
📈 U.S. Treasury Yields Surge to Multiyear Highs 📈As financial markets reacted to the Federal Reserve’s recent interest rate decision, forward guidance, and fresh unemployment data, U.S. Treasury yields continued their upward climb.🔼 The yield on the 10-year Treasury jumped by approximately 13 basis points, reaching 4.482%, marking its highest level since 2007.🔼 The 2-year …
10-year Treasury yield hits its highest level since 2007 as jobless claims decline Read More »
📈 Equity Markets: Inflation vs. Deflation 📉
Equity markets are on a relentless uptrend, seemingly impervious to bad news. In the battle between inflation and deflation, inflation is currently holding the upper hand, despite all efforts. 🌎 Examples like Argentina and Turkey are experiencing staggering year-over-year inflation rates of 70% to 125%. Globally, our debt-to-GDP ratio has soared above 350%. The question …
📈 Equity Markets: Inflation vs. Deflation 📉 Read More »
Velocity of money M2, supply
Calculated as the ratio of quarterly nominal GDP to the quarterly average of M2 money stock.The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent …
Oil Shock Coming: Stagflation Like We Have Never Seen Since The 1970’s
In recent times, the term stagflation has made a surprising comeback in economic discussions, driven by a resurgence of inflation. Over the past year, inflation has been on a sharp rise, fueled by a complex interplay of both demand and supply factors. This inflationary trend may not be a transient phenomenon; rather, it could signal …
Oil Shock Coming: Stagflation Like We Have Never Seen Since The 1970’s Read More »
US CPI Surges More Than Expected In August As Gas Prices Soar (charts)
Following July’s rebound in headline CPI, August was expected to see that accelerate further (driven by surging energy prices and healthcare methodology changes). Headline CPI rose 0.6% MoM (as expected), but pushed the YoY change to +3.7% (up from 3.2% prior and hotter than the 3.6% exp). That is the biggest MoM since June 2022… There was a …
US CPI Surges More Than Expected In August As Gas Prices Soar (charts) Read More »