Fed's Inflation Blunder Sets Stage for Looming US Recession, Says Top EconomistBrevan Howard’s chief economist warns that the Federal Reserve’s significant misjudgment of inflation levels has steered the United States towards an inevitable recession in 2024. The central bank’s aggressive monetary policy, marked by the sharpest interest rate hikes in forty years – from near-zero in March 2022 to between 5.25% and 5.5% by July 2023 […] READ MORE Morgan Stanley Warns: Digital Currencies May Challenge US Dollar's ReignMorgan Stanley has issued a report, “Digital (De)Dollarization?”, shedding light on the potential shift in the currency landscape due to digital assets. Authored by Andrew Peel, the bank’s executive director and head of Digital Asset Markets, the report highlights the increasing scrutiny of the US dollar’s dominance amidst geopolitical changes and the growing US twin […] READ MORE U.S. National Debt Soars to Dizzying Heights, Joining Global Debt Pile-UpThe United States, the world’s wealthiest nation, has seen its public debt skyrocket to a staggering $34 trillion, setting a new record even when adjusted for inflation. This alarming increase in debt levels is a trend mirrored in many major economies globally. The situation raises critical concerns about the long-term financial sustainability of key entitlement […] READ MORE BREAKING: Biden's $5 BILLION Gift ExposedMike highlights the economic perplexities surrounding this decision and questions the implications of creating “free currency.” READ MORE World Gold Council: China's Gold Market Booms in 2023China’s gold market witnessed a notable surge in 2023 despite the country’s economic recovery facing challenges and consumer spending remaining cautious. The Shanghai Gold Benchmark Price PM saw a significant 17% increase. Gold withdrawals from the Shanghai Gold Exchange rose to 1,687 tons, a 7% year-over-year increase. Impressively, Chinese gold ETFs attracted an additional RMB […] READ MORE Crucial Week Ahead: Key Reports to Influence Fed's Rate Policy DecisionsThis week, two significant economic reports are poised to shape the Federal Reserve’s approach to interest rate policy, amid growing market skepticism about imminent rate cuts. Firstly, the Commerce Department’s initial estimate of the fourth-quarter GDP for 2023 is set to be released on Thursday. Experts predict a modest 1.7% growth, marking the slowest pace […] READ MORE New Study Exposes 'Greedflation' ImpactA recent study by the Groundwork Collaborative highlights a striking trend in the current economic landscape: over half of the inflation surge in the past year is attributed to ‘greedflation,’ a phenomenon where corporations leverage excessive profit-taking. Despite a decrease in the overall pace of consumer inflation, it has settled around 3%, with recent months […] READ MORE Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends AheadIn 2023, corporate debt defaults experienced a substantial 80% increase, with 153 companies failing to meet their debt obligations, compared to 85 the previous year. This rate was the highest in seven years, excluding the peak during the Covid-19 crisis. The defaults were predominantly among low-rated companies with negative cash flows, heavy debt burdens, and […] READ MORE Warning Signs: Recent Bank Failures and the Fragile Global Financial SystemDive into the complexities of the global financial system with Mike Maloney as he explores the timeline of banking collapses. READ MORE « Previous 1 … 56 57 58 59 60 … 63 Next »
