ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
February 4, 2024 | One-in-Five Mail-In Voters Admit to Fraud
We know that the mail-in voting system was implemented as a measure to control the vote. The question becomes how far does the fraud go? The Rasmussen Reports and the Heartland Institute conducted a survey that found one-in-five mail-in voters committed voter fraud during the 2020 US Presidential Election. These are merely the people […]
February 4, 2024 | Danielle presents at VRIC 2024: Capital Prospects in 2024
Danielle presents at VRIC 2024. Here is a direct video link. Further to real interest rates (nominal rates minus inflation) being demand-crushingly high for borrowers (but attractive for savers), the chart below shows the US Fed Funds Rate (FFR) minus the 5-year inflation swap rate is the highest today in over 20 years.
February 4, 2024 | Industrial Size Surplus
Modern economies, even small ones, are unfathomably complex. The number of variables is far more than any human can comprehend or any model can track. It’s really no wonder so many forecasts are wrong. In my 2024 forecast letter I predicted “A Muddle-Through Year.” That’s still what I expect… but not for everyone, nor for every […]
February 4, 2024 | Wall Street Guns Its Perpetual Motion Engine
Here are a couple of headlines concerning the economy that appeared atop Bloomberg’s front page on the same day last week. Taken together, they could make one’s head spin. First the happy news: IMF Lifts World GDP Outlook on U.S. Strength. But here’s the article just beneath: UPS to Cut 12,000 Jobs. A case of schizophrenia on the […]
February 3, 2024 | Surviving Nuclear War
COMMENT: I just read Newsweek. I now know why you live on the beach. You can convert the water to fresh and live off of seaweed. Very interesting. Paul REPLY: Paul, I also like the fresh air, the white sand, blue water, and the sky is different every day.
February 3, 2024 | This Week in Money
- Ross Clark: Stock Markets, Dow, S&P 500, Jobs, Oil, Gold, Chocolate
- Mark Leibovit: (9:49) Stock Markets, Interest Rates, Cannabis, Gold. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
- Wolf Richter: (52:05) US Real Estate, Inflation, Autos, Electric Vehicles
February 3, 2024 | Tech Talk for Saturday February 3rd 2024
The Bottom Line Exceptional price gains on Friday by Meta Platform (Up 20.32%) and Amazon (Up 7.87%) after their release of better-than-consensus quarterly results significantly distorted performance of the S&P 500 Index relative to the Equal Weighted S&P 500 Index and its related ETF: RSP. Since December 28th the S&P 500 Index has gained 3.66%% […]
February 2, 2024 | Judge Postpones Trump’s Trial Indefinately
U.S. District Judge Tanya Chutkan, who has Trump’s Washington case brought by Jack Smith, wrote an order that means something is wrong. Her order has postponed the trial indefinitely, and rightly so, given the fact that the questions presented involve what one would classify as Subject Matter Jurisdiction, which can NEVER be waived. She wrote: “The court […]
February 2, 2024 | Canada Might Abandon Its Inflation Target in a Recession
The Bank of Canada (BOC) held interest rates steady at 5 percent in January, highlighting growing weakness in the Canadian economy. But unfortunately, inflation is not declining as fast as the central bank would like. Will the central bank abandon its inflation target? While the weakness in the economy would normally allow the Bank of […]
February 2, 2024 | Thoughts From The Front Line of Commercial Real Estate
As Meta and Amazon further fan animal spirits in the tech sector, the melt in commercial real estate is spreading through the economy and financial system. US regional banks are -54% since January 2022, and the contagion is international, see Commercial Property Losses Hammer Banks on Three Continents: Investors have wondered when the pain from the […]
February 2, 2024 | A Big New Development
A recent development in COMEX silver futures positioning has been unusual enough that I didn’t detect it at first, because it has been somewhat gradual. Over the past five reporting weeks, from the COT report as of Dec 19, 2023 to the most recent report as of January 23, 2024, the number of long traders […]
February 1, 2024 | Lacy Hunt on Thoughtful Money
Is the soft landing camp being proven right? Have we been able to side step the Lag Effects so many expected from the Fed’s aggressive campaigns of rates hikes and Quantitative Tightening? Is inflation indeed on its way to being tamed this year? For answers, we have the great fortune to sit down today with […]
February 1, 2024 | Time For A Trust? If So, What Kind?
Let’s say you own a bunch of uranium stocks and your nest egg is becoming an “estate.” Well done! Now it’s time to avoid excessive taxes and make the eventual transfer to your kids and grandkids seamless and stress-free. One way to do this is via a trust, a legal entity that holds and disburses money while […]
February 1, 2024 | Migrants Violently Attack Police – Released Without Bail
There is no law and order in Biden’s America, where not even the police are safe. A mob of migrants attacked two New York police officers in Times Square. Surveillance cameras captured the attack that occurred in broad daylight. You can see the migrants drag two officers to the sidewalk, where they proceed to kick […]
February 1, 2024 | Why a USA “Hard Landing” More Likely than “Soft”
Will Gold be a safe haven from an economic crash?
February 1, 2024 | A Glowing Report on Uranium
The Fed may hold on off on anticipated rate cuts