The current economic policies being pursued will likely result in the realization of Thomas Jefferson’s warning to us more than 200 years ago.
-The Economic Course that Lies Ahead
-Historical Inflations
-Lower Income Households Being Adversely Affected by Stimulus?
-Evidence of Inflation and a Bubble
-Inflation is Worldwide
-K Shaped Recovery
Massive new money creation being distributed as helicopter money to the masses is creating a banana republic look in the United States.
-34% of all household income now comes from the government
-Employers are Begging for Workers
-Is the Fed Worried?
-Food Prices Continue to Spike
-Is Real Estate Hitting the Wall?
-Cooperman: Next Crash Will Make Your Head Spin
-Greenspan Fesses Up – He’s a Gold Bug
When looking at the economy and the markets, the current climate is just flat-out nonsensical.
-US Money Supply News and Commentary by Matthew Piepenburg
-von Greyerz – a $2.3 quadrillion debt and derivative time bomb
-Blackrock’s Reider – No Value in Markets Today
-State of Washington Looking to Ban Gas Vehicle Sales by 2030?
-Is Plywood a Viable Portfolio Position?
-Phoenix Capital Research – A Crash Comes Next
When looking at the financial and economic news and attempting to find one word to describe what I am observing - surreal is the word that comes to mind.
Headline Roundup:
- Insider Trading OK if you're in Congress
- U.S. March Deficit a Staggering $660 Billion
- More Talk About a Wealth Tax
- Import/Export Prices Point to Inflation
- Recent Inflation Report
- Debt... The Elephant in the Room
The very extended markets became more extended last week. The Dow advanced nearly 2% and the S&P 500 rallied 2.71%. Gold, silver, and US Treasuries also rallied although the US Treasury rally was not significant.
Headline Roundup:
- Parallels to FDR's Gold Ban Presently
- Do Bankers Know What's Coming?
- China Begins Deleveraging. Is a Soft Landing Possible?
- US Government Debt Officially Leaps Over $28 Trillion - Will We Hit the Proverbial Wall in June?
- Blow Off Top in Housing?
- You Never Should Have Opened That Super Mario Brothers Video Game