This particular data series which severely lags PCE and CPI-U is one of the Fed’s favorite data points for watching the trend of inflation. One […]
Tag: STAGFLATION
Trump’s Nixonization of the US Economy
The absurdity of today’s behavior by the Trump administration was put on full display by United States Secretary of the Treasury Scott Bessent and US […]
Platinum: The Other White Metal
I’m going to keep tonight’s submission short, sweet, and to the point. There’s another white precious metal out there that most investors and speculators ignore […]
Did The Bank of Japan Make A Tactical Mistake?
The Bank of Japan is as screwed up as Jay Powell’s Federal Reserve. There, I said it. Except they bow more, are more polite, and […]
Trump’s Stagflation Nightmare Accelerates with Powell’s Folly
As someone who studied history and lived through the late 1970s in high school then into college, it might seem like I am now once […]
The Federal Reserve’s Binary Choice Means Pain
There are points in economic cycles where the outcome of any economic decision made becomes a binary choice. Unfortunately for the American public, the upcoming […]
IF You Thought the FOMC Was a Snoozefest, Here Comes Nonfarm Payrolls
Wake up you heathens! It’s the most important employment report in the history of mankind. Don’t believe me? I’ve heard rumors that Federal Reserve Chairman […]
Godzilla or Just More Chart Crimes?
There has been a lot of excitement overnight and online with FinTwit and the financial media about the sudden move in the Japanese bond yields, […]
Will Trump’s War on the Fed Crash the Markets?
“There is no cause to worry. The high tide of prosperity will continue.” – Andrew Mellon, August 1929 The President of the United States once […]
07.03.25 Nonfarm Payrolls: The Gig, er, Gag is On Us
This morning’s nonfarm payrolls report wasn’t that much of a shock if anyone read the previously published article about the predicted numbers for today. Granted […]
07.03.25 Non-Farm Payroll Previewarama
For the record, if one is not already getting prepared to clean the smoker, load the cooler, and prepare to smoke some quality dead pig […]
Federal Reserve Chair Jay Powell to Congress: No Cuts for You
In about ten minutes from now, Federal Reserve Chairman Jay Powell will present the following prepared remarks to the Committee on Financial Services, U.S. House […]
What This Morning’s Empire State Manufacturing Survey Said Which is a Warning for the Fed
The New York Federal Reserve Bank published it’s monthly Empire State Manufacturing Survey and the headlines were disturbing to the financial markets for all of […]
The Richmond Fed Survey Screams Stagflation
I just wonder if they cleared that with old Jay before they released it. For the record, so my readers know that this author is […]
The Bond Market Warned Us, Nobody Listened
In early April, shortly after “Liberation Day,” the US bond vigilantes interrupted their month long vacation of what is normally a dull month just long […]