Does trouble at Charles Schwab signal financial contagion? Financial and economic forecasts following bank failures and widening instability in the markets and financial system.
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Will Powell and Yellen be able to calm fears over the banking crisis? Financial and economic forecasts from the leading industry analysts cast their bets…
What if the banking crisis kicks off a bear market? A garden variety bear would take the S&P down 75%. Think this time is different? Get financial and economic forecasts following the crisis, here.
“What would you say to them?” Warren asked. “How would you explain your view that they need to lose their jobs?” We asked our viewers on YouTube what they’d do if they were in Jay Powell’s position. Here’s what they said.
Whatever propaganda channel is reaching our eyeballs is inevitably tinged with the tentacles of political assumption; under all of it, under all the rubble and rabble, a country and a people decimated by powers greater than they.
Like Jim Rickards, the masses are waiting to do what everyone else is not doing. And in doing so, they are doing exactly what everyone else is doing.
With so much discussion of AI lately, we thought we’d give ChatGPT a go. Following a lead we got from Alexandra Semenova at the Financial Times, we asked the bot what “the old economy” is. Here’s the bot’s response:
Have we crossed a critical tipping point? The definitive Mr. Ring believes there will be a breakout… but stopped short of declaring whether it would be to the upside or down.
Psychologists call it the “Anxiety Gap.” Today, we begin by applying it to consumer confidence. The gap between how anxious you are about inflation or rising interest rates and how anxious some other poor fool is depends upon where you reside in the monetary food chain.
1. The pandemic lock-downs were unusually good to you if… 2. Rising egg prices? That’s so 2022. What will crush your food budget this year… 3. The unintended consequences of Western sanctions against Russia… 4. The world’s best performing stock market? 5. The Essential Investor: Why Now?
Alas, our beat is money, history and forecasting, right? So when there appears to be a shift in the market taking place, we look for opportunity. This morning we didn’t have to look very far.
If history rhymes, we’re gonna have to fight inflation again and again until it’s beaten into submission, er, that is, until the Fed hits their arbitrary target of 2%.
Three charts and an alarming signal. With today’s 25 basis point rate hike announced by the Fed at 2pm, rates are continuing to get goosed at the fastest pace since the late 1980s.