We’ve pointed out more times than we can count that the Federal Reserve currently has around $9 trillion dollars of securities on its balance sheet. This includes trillions of dollars of mortgage securities its not allowed to own. The main reason that inflation has been so high this year has been the Fed’s increase of … Read more
We have warned, and warned and warned that the design of the anti-Russian sanctions are impairing the value of the dollar as the world’s reserve currency. In particular, we have been concerned about the status of the petrodollar. The US made a deal with Saudi Arabia in the 1970s where in exchange for the US … Read more
Overview: For the first time in almost 20 years, you can buy a euro for one dollar. As little as a year ago, a Euro cost about $1.19. In foreign exchange markets, that’s a huge move in a year. Here’s the chart: We first wrote about the stronger dollar vs other currencies two months ago, … Read more
Gary Brode, Founder of Deep Knowledge Investing, discusses “The Strategic and Economic Implications of Anti-Russian Sanctions,” as well as how U.S. policy is failing to protect the dollar’s reserve currency status and its effect on American consumers. This event took place on June 29, 2022 as a part of The Institute of World Politics’ lecture … Read more
At this point, you’ve probably read at least a dozen headlines explaining that the first half of 2022 is the worst for the market in over 50 years. The headlines and commentary we’re seeing are apoplectic. This came from Barron‘s last night: The first half of the year was terrible. Worst in decades for stocks. … Read more
My Ravn of Invested.dk interviews Gary Brode of Deep Knowledge Investing on oil, gold, currency, and portfolio hedging. We’d like to thank My, the Invested.dk community, and our Norwegian friends who joined us for this interesting webinar on current market issues.
Last week, in an article titled “One Way or Another, We’re Going to End Up in the Same Place“, we wrote that we expected the Federal Reserve rate hikes to work and in the process, cause a further slowdown in economic growth. Deep Knowledge Investing has said and written since February that the US economy … Read more
Overview: We’ve had some fun lately at the expense of Federal Reserve Chairman, Jerome Powell, who kept interest rates at zero for far too long and insisted that inflation would be “transitory” well past the point when Deep Knowledge Investing was warning it represented a real and persistent problem. Then, we took note of “Hurricane” … Read more
Tree of Woe does the kind of deep-dive analysis that gets our attention here at Deep Knowledge Investing, and also has the funniest subscription page I’ve ever seen actually offering “moments of true woe and deep despair”. The recent “Running on Empty” series exploring the origins and effect of the petrodollar system is the best … Read more
