What nobody yet knows (or the few insiders who do know are keeping to themselves) is what will matter. Being a doom-and-gloom Bear stops being fun when the Bear Bar gets crowded. When everyone has moved to our side of the boat, the grizzled Bears get nervous, especially when they peer over at the Bull side of the boat and see a handful of dispirited Bulls ignoring the guy yelling at the bartender to “back up the truck.” The problem old-timers see is what everyone...
Read More »Swiss state pensions to get a boost in 2023
On 12 October 2022, Switzerland’s Federal Council announced an increase in state pensions from 1 January 2023 by 2.5%. Photo by Magda Ehlers on Pexels.com The minimum pension with rise from CHF 1,195 to CHF 1,225 per month, while the maximum amount will rise from CHF 2,390 to CHF 2,450 (US$ 2,450). The amount paid in state pension in Switzerland is related to the level of contribution, which relates to salary level and the number years. Swiss state pensions are...
Read More »The world rocked by Euro$ collateral; Italy, Eurobonds, maybe the ’22 equivalent of "toxic waste."
Tbill prices, SOFR, monster repo fails, all these have told us collateral system is hugely impaired. By what? Trouble in Italy. Risks in Eurobonds (which we won't get into here). On top of those are CLOs, which are different in character but not construction from the old toxic waste of subprime mortgages. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university https://www.marketsinsiderpro.com...
Read More »Too hot CPI. Frozen in Hong Kong. Fed hiking former. How much longer until latter disrupts it all?
With the core CPI rate in the US higher than expected in September, the Fed's next rate hike is on autopilot. Steve Van Metre joins to discuss the CPI data before getting into the growing list of alarming developments that could derail more than just the FOMC. The stock crash in Hong Kong right at the top, Eurodollar University's Weekly Recap, Featuring Steve Van Metre https://www.youtube.com/channel/UCrXNkk4IESnqU-8GMad2vyA Twitter: https://twitter.com/JeffSnider_AIP...
Read More »Alex Jones Got What He Deserved
Reminder: Our online conference “End Inflation and at the Fed,” continues this evening at 7 p.m. (Eastern time) with the third talk of our series. Our speaker will be Kevin Dowd, professor of finance and economics at Durham University, much of whose work revolves Austrian and Public Choice economics. The title of his talk is “Central Bank Digital Currencies.” Speaker: Kevin Dowd, professor of economics and finance, Durham UniversityTime: 7 pm – 8 pm Eastern...
Read More »Keith Weiner: Gold & Silver – Enormous Buying Pressure
▶︎1000x – Enter your Email ▶︎ https://bit.ly/3T5Myd7 ▶︎ Subscribe to this YouTube channel ▶︎ https://bit.ly/CompactSilverNews_subscribe ▶︎ Join the official 1000x Telegram channel! Join us on the road to 1000x: https://t.me/official1000x Keith Weiner is the founder and CEO of Monetary Metals, an investment firm that is unlocking the productivity of gold. Keith also serves as founder and President of the Gold Standard Institute USA. His work was instrumental in the passing of gold...
Read More »What Do Supply and Demand Curves Really Tell Us? Not Very Much
It is commonly held that prices of goods and services can produced by means of supply and demand curves. These curves describe the relationship between the prices and the quantity of goods supplied and demanded. Within the framework of supply-demand curves, an increase in the price of a good is associated with a fall in the quantity demanded and an increase in the quantity supplied. Conversely, a decline in the price of a good is associated with an increase in the...
Read More »Sterling and UK Debt Market Respond Favorably to the Return of Orthodoxy
Overview: The markets have returned from the weekend with a greater appetite for risk. Equities and bonds are rallying, and the dollar is better offered. China, Hong Kong, South Korea, and Indian bourses advanced. Mainland shares edged higher even though Zhengzhou, a city of one million people, near an iPhone manufacturing hub was locked down due to Covid. Europe’s Stoxx 600 is up nearly 0.5% to extend its recovery into a third session. US futures are trading a...
Read More »How the US Dollar Shortage is Driving Global Instability with Jeff Snider
SHOW NOTES: https://www.whatbitcoindid.com/podcast/how-the-us-dollar-shortage-is-driving-global-instability Jeff Snider is co-host of the Eurodollar University podcast and Head of Global Research at Atlas Financial Advisors.. In this interview, we discuss the crazy possibility that nobody knows what money is, and as a result, nobody knows how to run or fix the economy. Central banks and governments are essentially engaged in a high risk game of pretend. THIS EPISODE’S SPONSORS:...
Read More »Fed Socialist Money Manipulation Cancels Individuals’ Better Judgment
When a person is free to work, shop, and invest, he brings to each task his knowledge from doing the other tasks. As he works, he has a sense of what it takes to please customers, because he’s also a customer. As he shops, he has a sense of what workers can do for him, because he’s also a worker. As he invests, he has a sense of who adds value best, because he also works to add value and shops for value. Deadtime Makes Economic Control Hard for Everyone Government...
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