Authored by Mike Shedlock via MishTalk.com, Consumer spending hit a brick wall in the US, EU, UK and Australia. Guess what that means… Is the global consumer starting to capitulate? Not Just EU What About […]
Tehran, Iran – “The financial channel between Iran and the world is being restored,” the new governor of Iran’s central bank, Mohammadreza Farzin, said last week when he announced that Iran and Russia have taken […]
Texas’ biggest pension fund has divested its direct ownership stakes in BlackRock Inc. and several other financial firms to comply with a state law prohibiting investing in companies deemed to be discriminatory against the oil […]
Via SchiffGold.com, We saw a big rotation into risk assets after last week’s Federal Reserve meeting. Then we had another big shock to the markets when the non-farm payroll report came out much stronger than […]
Late last week, when looking at the most recent Senior Loan Officer Opinion Survey held by the Fed, we noted that the surge in revolving credit has not gone unnoticed by lenders: the on bank […]
During the Covid-19 pandemic, consumers saved an unprecedented amount of cash thanks to government stimulus and draconian lockdowns. As we’ve been detailing over the past year and a half, those savings could soon be exhausted. […]
Hawkish… but not hawkish enough… That’s the initial message the market heard from Fed Chair Powell. He confirmed his message from the post-FOMC presser message that disinflation has barely begun and there’s still a long […]
Via SchiffGold.com, With the Federal Reserve delivering a smaller 25 basis point rate hike at its February meeting, there is a perception that the central bank is nearing victory in the inflation fight. But as […]
Friday’s payrolls print started the panic, but the weekend’s reality-checks on what Powell said and what the market wanted to hear has sparked a massive resurgence in the short-term interest-rate market’s perceptions of The Fed’s […]
The reopening of the Chinese economy and hopes that the world can avoid a recession have spurred traders to buy oil and fuel futures at the fastest pace since 2020. The bulk of purchases was […]
Copyright © 2022 | Sandstone Group