Fed Chair Jerome Powell is questioned by Senator Mike Rounds (R) of South Dakota, during testimony before the Senate Banking Committee, about the impact of the Federal government and monetary policy and makes a frightening admission.
Today we warn of a potential downside price rotation in precious
metals that may last 3~5+ weeks as metals set up for a massive breakout
rally which we believe will start in late April or early May. Our custom
indicators...
Trump promises “democracy and freedom” to Venezuela, delivered by Elliott Abrams who brought you illegal wars, coups, and support for dictatorships; and Mike Pompeo and VP Pence, both with deep ties to the Koch brothers...
The growth of corporate credit in
China has been excessive in the last five years. This credit boom is
related to a substantial increase in investment after the Great
Recession.
In the United States, the “debt crisis,” as Nassim Taleb...
Why proposals to sell nuclear reactors to Saudi Arabia raise red flags
Saudi Arabia has many possible motives for pursuing...
The banquet of consequences is now being served, but the good seats have all been taken.As I discussed in We're Overdue for a Sell-Everything/No-Fed-Rescue Recession, recessions have a proximate cause and a structural cause. The
proximate cause is often a spike...
