ENB Pub Note: Ethonal has never proven good for the environment or the cars that use the fuel. The world will need all the food it can get, and throwing it away on fuel that […]
By Peter Tchir of Academy Securities This morning, I can’t help but wonder about Tesla cutting prices on some models (first in China and then domestically) and the off-the-charts cancellations builders are facing. But that […]
Gold prices scaled over an eight-month peak on Friday, surpassing the key $1,900 level, as cooling US inflation raised hopes for slower interest rate hikes from the Federal Reserve. Spot gold rose 0.9% to […]
Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau has said. The state-run Central Agency for Public Mobilization and Statistics […]
International Monetary Fund Managing Director Kristalina Georgieva warned on CBS’s ‘Face the Nation’ in an interview aired on Jan. 1 that a third of the global economy will be in recession this year and investors […]
New Year’s celebrations swept across the globe, ushering in 2023 with countdowns and fireworks – and marking an end to a year that brought war in Europe and global worries over inflation. The new year […]
The European Union continued its economic slowdown in the third quarter. High inflation, an energy crisis, a global slowdown and tighter financing conditions were drags on EU growth. The war in Ukraine continues to take […]
Via SchiffGold.com, Most people have focused on Federal Reserve interest rate cuts as it battles price inflation. But there is another element in the inflation fight most people ignore – balance sheet reduction. It […]
Authored by Michael Maharrey via SchiffGold.com, Just before Christmas, Congress passed a massive omnibus spending bill. This is yet another blow to the Federal Reserve’s feckless fight against inflation. The $1.7 trillion bill will […]
Economic conditions just keep getting worse. As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down. And just like […]
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