The Number That Ends This Cycle…Part 2

By John Rubino – Re-Blogged From Dollar Collapse

Everyone seems to agree that if interest rates keep rising a recession and equities bear market will ensue. But no one knows where the breaking point is in terms of, say 10-year Treasury yields. So it’s become a topic of debate with a lot of heavy-hitters offering opinions. Yesterday Goldman Sachs weighed in:

Goldman: Don’t worry about rising interest rates until the 10-year yield hits 4%

Continue reading

Advertisements

It’s Not Stagflation, But Inflationary Impoverishment

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

It is a matter of personal interest that it was my uncle, Iain Macleod, who invented the term stagflation shortly before he was appointed shadow chancellor in 1965. It is no longer used in its original context. From Hansard (the official record of parliamentary debates) 17 November that year:

We now have the worst of both worlds —not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of “stagflation” situation and history in modern terms is indeed being made.

Continue reading

Stocks Perfectly Poised To Plummet Past Point Of No Return

By David Haggith – Re-Blogged From http://www.Silver-Phoenix500.com

We are now well into the year when I said stocks would plunge in January and would prove to be a gaping “crack” in the economy by summer, and look at how seriously the market has fallen apart since it started to drop in the last week of January:

It was just three months ago that stock-market investors were being swept up by a euphoria pinned to the idea of economic expansion taking hold harmoniously across the globe—a dynamic that hadn’t occurred since the 1980s, and one that was expected to extend into 2018.

Continue reading

“Debt Saturation” Plain And Simple

Trade Gap Narrows as Claims Remain Low, Productivity Stays Tepid

By Bloomberg – Re-Blogged From Newsmax

The U.S. trade deficit narrowed in March by the most in two years, while last week’s unemployment filings were below estimates and productivity gains remained lukewarm in the first quarter.

Here’s what you need to know from the economic reports out Thursday morning:

Continue reading

A Dramatic Upward Reversal In US Monetary Inflation

By Steve Saville – Re-Blogged From http://www.Gold-Eagle.com

In February of this year the year-over-year rate of growth in the US True Money Supply, a.k.a. the US monetary inflation rate, was only 2.4%. This was its lowest level since March of 2007 and not far from a multi-decade low. In March of this year, however, the monetary inflation rate almost doubled — to around 4.6%. Refer to the following chart for more detail. What caused the reversal and what effect will it have on the economy and the financial markets?

Continue reading