Subject: Video Ready plus BOJ Primer
Video Ready plus BOJ Primer
December 22nd, 2022 at 5:04 pm +07Video Ready plus BOJ PrimerEarlier this week, I uploaded a presentation entitled “More Wealth Destruction Ahead: Part Two”. The video accompanying that presentation is now ready to watch. It explains why Monetary Policy is likely to tighten signi ...
More Wealth Destruction Ahead: Part Two
December 19th, 2022 at 4:13 pm +07More Wealth Destruction Ahead: Part TwoThe previous Macro Watch video showed that the Fed is tightening Monetary Policy much more aggressively in the current tightening cycle than during the previous one. But that, despite this, asset prices have fal ...
More Wealth Destruction Ahead, Part One
December 2nd, 2022 at 5:05 pm +07More Wealth Destruction AheadThe Fed is tightening Monetary Policy much faster and more aggressively now than during the previous tightening cycle that ran from January 2014 to August 2019. While asset prices have fallen this year, they have not fal ...
The Fed May Lose $50 Billion in 2023
November 16th, 2022 at 12:17 am +07The Fed May Lose $50 Billion in 2023 Last year, if the Fed had been a corporation, it would have been the most profitable corporation in the world. It earned $108 billion. Apple earned $100 billion. Apple paid $19 billion in Income Taxes. The Fed, on ...
One Of My Favorite Interviews This Year
November 4th, 2022 at 1:49 pm +07China Downgraded
October 29th, 2022 at 11:35 am +07China Downgraded “China’s economy will not overtake the US until 2060, if ever” That was the title of an article written by Ruchir Sharma, the chair of Rockefeller International, and published in the Financial Times on October 24th. Many pe ...
New Interview. Highly Recommended. Top Traders Unplugged
October 22nd, 2022 at 12:37 pm +07New Interview. Highly Recommended.Top Traders UnpluggedToday I would like to share with you a very interesting discussion I had recently with Kevin Coldiron and Niels Kaastrup-Larsen for the Top Traders Unplugged podcast. I strongly recommend that ...
Creditism In Crisis?
October 16th, 2022 at 3:06 pm +07Creditism In Crisis?Another set of very bad Inflation numbers was released on Thursday. The headline CPI index was up 8.2% from one year ago, little changed from the month before. Worse still, the Core Consumer Price Index rose to a new 40-year high ...
Watch Out. Something Is Going To Break!
September 28th, 2022 at 5:29 pm +07Watch Out: Something Is Going To Break!Last week, the Fed shocked investors when it released new projections showing that it now expects to increase interest rates significantly more than it had planned to do just three months ago. The Fed’s “Su ...
2008 vs. 2020 Part Three: Monetary Stimulus
September 21st, 2022 at 12:42 pm +072008 vs. 2020 Part Three:Monetary Stimulus The US Monetary Base surged nearly twice as much following the Crisis of 2008 as it did following the economic crisis caused by the Covid pandemic in 2020. Yet Inflation has been far higher during the last t ...