08/26 End of the Empire: America at 40 (Trillion)
Given that data from the US Treasury Dept. on debt is released one day late, Wednesday saw a multitude…
Tag: Bonds
Interest Payments on the National Debt up 13% Year-over-year with Still 3 Months to Go
With a trimester left of the 2026 fiscal year, the US Treasury has already borrowed more money than in…
Jobs Report, Hormuz Deal Unlikely to Have Launched Gold as Much as the Yen Bailout
Two notable surges in the price of gold last week were attributed at the open to falling oil prices…
‘What Are You Waiting For?’ Is the Collective Market Response to Kevin Warsh, FOMC Decision
Future data releases notwithstanding, the response from Wall Street to the Federal Reserve Open Market Committee’s decision not to…
Why the Japanese Yen Is Approaching a 40-Year Low Against the Dollar
Story at a glance… The Japanese yen is trading within a few basis points of a recent-record low against…
Will Trump’s Pick of Warsh for Fed Chairman Curtail or Accelerate the ‘Sell America’ Trade?
This is part 2 of a 2-part series on the so-called Sell America trade. You can read part 1…
What Is the ‘Sell America’ Trade, and What Does it Mean for Trump’s Econ Agenda?
This is Part 1 of a 2-part series on the so-called Sell America Trade. When President Donald Trump…
Kevin Hassett Poised for Next Fed Chairman, Raising Concerns of Independence and Interest Rates
In recent comments, President Trump said he had narrowed his shortlist for the next Federal Reserve Chairman “down to…
Fed Quietly Restarts Something That Quacks Like QE and Precious Metals Soar
At the recent meeting of the Federal Open Market Committee (FOMC), the Federal Reserve cut its benchmark rate by…
100% Debt-to-GDP Threshold Crossed by Many Eurozone Economies, Including Some of the Largest
3 of the 5 largest economies in the Eurozone are currently carrying national debts at 100% or more of…
Argentina’s Milei Sends Sweeping Economic Reforms to Congress as Battle Against Inflation Begins in Earnest
Fiery political figures become so based on the legislation they propose, not the rhetoric they use, and the Omnibus…
Debt Ceiling Circus: How Much Debt Does the Federal Government Really Have?
As negotiations continue in Congress over a potential deal to raise the debt ceiling, the full picture of the…
Gold and Silver Were Some of the Best Performing Assets in 2022
As a slight rally in equity markets kicks off 2023, a stealth bull market in gold and silver continued…
Britain to Double Bond Buy Backs, Prop Up Liquidity with Temporary Insurance
Spot prices relevant to this news: Pound/USD £1.11 – 30-year Gilt £4.729 LONDON, October 10th, 2022. On September 30th,…
England Throws In the Towel Against Inflation, Announces Quantitative Easing
A statement from the Bank of England in the midst of their currency plummeting in value reveals a substantial…
ECB Rates Raises Were Already Priced Into Market Expectations as Bonds Spreads Widen
FRANKFURT, Germany. September 8th, 2022. The European Central Bank raised its benchmark interest rate by 75 basis points up…