Introduction: We’ve noted two related market trends over the past few months. The first is bad economic news is good for the market. That’s because the Fed is more likely to slow rate hikes into a weaker economy. Click the link for a more detailed description. The second is the market has been trading based … Read more
This morning, the U.S. Bureau of Labor Statistics announced last month’s Consumer Price Index (CPI) was up 7.9%. As we’ve pointed out multiple times in multiple forums, this number is complete nonsense. The increase in shelter (housing) prices was listed at 4.7%. As we’ve noted in the past, this is due to a change made … Read more
We’d like to thank Erik, the team at Invested.dk, and their fantastic investor community for a great interview last week on #inflation, #interestrates, $GLD, $SLV, #oil, and #Bitcoin. It’s always a pleasure to speak with them!