Inflation Is More Important Than Jobs At This Point
All three major market indexes reached all-time highs yesterday on the tailcoats of gains in our largest technology companies. Investors are anticipating three quarter-point »
JPMorgan CEO Jamie Dimon says the economy ‘is weakening’
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower »
How Much Is Inflation Reducing Your Hourly Wages?
PCE is the BLS Personal consumption Expenditures price index, the Fed’s preferred measure of inflation. In nominal terms, the four-year gain in wages is »
Danielle DiMartino Booth on a potential subprime crisis and stock market crash
Gold is breaking out as currency debasement and fiscal dominance become inevitable
Last week’s break above $3,500 per ounce in spot gold – with $3,600 following soon afterward – was driven by market participants beginning to connect »