Authored by Matthew Piepenburg via GoldSwitzerland.com, We have hardly been the first nor the last to realize that rising rates “break things.” We’ve all seen the disastrous credit events in the repo crisis of late […]
Authored by Michael Maharrey via SchiffGold.com, In March, I warned that the commercial and investment real estate markets could be the next thing to break in this bubble economy. A recent article in the Wall […]
The Philly Fed’s Services index was in contractionary territory for the 9th month of the last 10 in May (-16.0), but very slightly higher from April’s two-year lows. Source: Bloomberg More problematically, the survey […]
Federal Reserve Chair Jerome Powell said on Friday it is still unclear if US interest rates will need to rise further, as central bank officials balance uncertainty about the effect of past hikes in borrowing […]
This will not go down well with the climate alarmists and ESG grifters… No lesser mortal than Fed Governor Christopher Waller has dared to proclaim that climate change does not pose such “significantly unique or […]
Authored by Simon White, Bloomberg macro strategist, China’s faltering recovery implies US CPI’s downwards trend is unlikely to reverse soon enough to prevent the Fed from cutting rates early. We’re coming to the crunch point. […]
While we wait for today’s 2pm SLOOS release, where the latest C&I credit standards are expected to measure at a level tighter than the dot-com crisis (if still less extreme than during the financial crisis […]
“One and done”? The Fed statement was a hawkish pause – signaling “some additional policy firming may be appropriate” as opposed to “some additional policy easing may be appropriate.” Can Fed Chair Powell walk […]
Tl:dr; Fed raises rates by 25 bps as expected. Policy statement softens the rate guidance in a way consistent with past pauses and The Fed deletes reference to “some additional policy firming may be appropriate.” […]
Authored by Ben Weingarten via RealClear Wire, Decoupling from Communist China in every strategically significant realm, from the capital markets to defense and pharmaceutical production, and information and communications technology is imperative if we are […]
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