The basic laws of economics and finance have not changed. At some future point, this will become evident with economic conditions emerging that are unpleasant at best. We are already beginning to see evidence of changing economic conditions.
Economic Snapshots
Rent Moratorium Ends
Stimulus Money Drying Up
More Signs Housing Is Slowing
The Toilet Paper Inflation Metric
Bonds No Longer Hedge Stocks?
Debt Bubbles Everywhere One Looks
When Do the Debt Bubbles Burst?
Grocery Store Chain – Another 10% to 14% Increase in Food Cost by October 1
Have a Used Car in Your Portfolio?
Evictions to Resume?
Parallels to the Depression?
Palm Beach Real Estate Off-The-Charts
Druckenmiller – Monster Bubble
Globally, both in the public sector and the private sector debt levels are literally at nosebleed levels.
Fed leadership and some politicians have insisted that inflation is transitory or temporary and that once the economy fully reopens, things will return to a more ‘normal’ state as far as inflation is concerned.
Headline Round-Up:
Real Estate Update
Geographics Behind the Moves
What is the Reserve Repo Market Telling Us?
Is the Crash Coming? A look at Consumer Spending
Yellen on Inflation
An Unemployment Perspective
A Politically Correct Shark Attack
While doing my research this past week, I found an article published on “Bloomberg” that offered some great perspective on the amount of currency that has been created literally out of thin air since early in calendar year 2020.
3 Central Banks Have Printed $24 Trillion - $9 Trillion Recently
The Wealth Gap is Widening
Inflation Now the Biggest Economic Headwind?
A Little Fed History
The base cause of artificially inflated markets is the devaluation of the US Dollar. Dollar devaluation, stated another equally accurate way, is price and asset inflation.
1 in 3 Now Postponing Retirement
Bank of America Forecasting Hyperinflation
US National Debt; A Visual
Macleod: The Fed’s Conundrum
Is Stagflation Here?
Real Estate Slowing