The Fed’s emergency rate cuts aim to reduce government debt service costs but risk pushing long-term interest rates higher, worsening consumer debt burdens. Despite past rate...
Markets were up again this past week with several indices and gold making all-time highs. There were a few 52-week highs as well. Given the darkening...
Our chart of the week centers on one of the longest period of times of an inverted yield curve we've ever seen. While many are expecting...
Over the past 44 years, the Dow Jones has closed at or near all-time highs nearly half the time, which is abnormal. As of this week,...
Gold creeped slightly higher this past week and the gold stocks also creeped higher. Both, however, are below recent highs but the signs remain positive irrespective...
The markets appear to be rolling over. It was noted there have been three seminal events since 2000 - 9/11, the 2008 financial crisis and the...
I haven’t covered consumer debt and personal income for a few years. As of June 2023, consumer debt has increased by a factor of 102.06 from...
Highlight at the end of the week was Fed Chair Jerome Powell speaking at the annual Jackson Hole, Wyoming symposium. He was a bit hawkish so...
Recession? What recession? That seems to be the cry today, as the soft landing scenario starts gaining favor. But, before getting our hopes up, let's not...
While we live in an ever-changing world we have events today that could leave the world dramatically changed from where it was prior. We re-chronicle the...