Wolf Richter with Adam Taggart on Thoughtful Money.
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The Data Mess. Markets, Interest Rates & Inflation and There’s Still No Recession; Risks of Financialization & Overleverage
Geopolitical
Peter Schiff: Inflation Insanity Continues
Via SchiffGold.com, As Peter Schiff put it in a recent podcast, the inflation insanity continues. We got the September Consumer Price Index (CPI) data and it once again came in hotter than expected. Month-on-month, […]
ENB Pub Note
Germany Seeks To Ban Energy Price Hikes For One Year The Daily Financial Trends
ENB Pub Note: This sounds like another way to keep the inflation nation moving backward. The German government, after working to ban energy price hikes next year, may be set to act even more aggressively […]
Finance
Mortgage Rates Hit Highest Level Since 2008 The Daily Financial Trends
Homebuyer demand suffered a cataclysmic blow this week as mortgage rates hit a high not seen since 2008. A 30-year fixed mortgage rate rose to 5.89% from 5.66% one week ago, according to data from […]