US dollar currency index is pressing its 2023 Highs at 105.67 right now, half in percent on the day. It’s a lot stronger — I would expect a lot pressure placed on equities. As mentioned before we could face a similar crisis as we did in 2008 where it was BOTH A RECESSION AND Financial PANIC. This does not look good for Equities …
The Federal Reserve recently unveiled updated economic projections, signaling a significant shift in its outlook. Here’s a breakdown of the key highlights from their latest statement: 1. **Stronger Economic Growth**: Earlier projections painted a bleak picture, with expectations of a mere 0.4% economic growth for this year. However, the latest forecasts reveal a more optimistic …
Federal Reserve Updates Economic Projections: A Closer Look Read More »
Socialism has failed every time it has been tried. When will leftists give up on those ideas? In recent history we have seen countries adopt socialism and become poor like Venezuela. We watched free markets thrive in West Germany and socialism sink East Germany into poverty. With so many examples one could wonder… are they …
The WEF agenda for Net Zero carbon emissions is taking place in London. Net zero really means no meat, no dairy and is basically impossible to achieve. But they make it sound nice and like a reasonable goal to strive for. In terms of energy, it would require the shutdown of most of the economy …
If the private sector can’t be profitable in those areas, what makes the Mayor of Chicago think that his government owned grocery stores are going to function as intended? Or maybe he has no need to make a profit? Is the goal to establish more dependency among his voters because he now controls their access …
Authored by Alasdair Macleod via GoldMoney.com, Russia and the Saudis are driving up oil and diesel prices. But these moves are likely to undermine the rouble more than they undermine the dollar, euro, and other major currencies. Therefore, higher energy prices will rebound on the Russians this winter: if they shiver in Germany, they will freeze in …
