The recession that’s taking hold in the U.S. and Europe is deepening amid a likely escalation of NATO’s proxy war (Twitter thread) with Russia in Ukraine. A sanction-induced energy shortage and subsequent liquidity crisis spawned by a strengthening dollar that the...
One of the first signals that indicate a recession may be on the horizon is consumer sentiment. It’s worth repeating that roughly 70% of U.S. gross domestic product (GDP) is determined by personal consumption, and that factor dominates its performance. Today’s GDPNow...
There is a hot debate in the financial universe about the risk of runaway inflation taking hold in the U.S. The concern is appropriate, as unprecedented monetary policy is flowing out of the Federal Reserve and Capitol Hill has launched an unending parade of...
I received numerous requests to provide a technical analysis update on gold and silver, as the price action attempts to break away from the downside consolidation since August. They are nowhere near out of the woods despite a few positive signals since March 8. Before...
It has become very difficult to keep up with the rapidly evolving details of the coronavirus story and I will only pen a third part if its virulence elevates to a SHTF pandemic. I will keep a Twitter thread alive with relevant updates as much as possible that...