Everyone seems to be preoccupied with rising inflation nowadays. While I agree that inflation will rise over the next 1-3 years, I don’t think it will even reach high-single digit levels. A return to the 1970s’ double-digit inflation is extremely unlikely. In this post we’re going to look at: Why inflation won’t rise a lot…
What a week it has been! The S&P 500 has blasted off our 20% line (that’s 20% above fair value, by the way) to the 23.33% line at 2,728 and that’s what we call a strong bounce from the fall we endured way back in late Jan/early Feb and doesn’t actually mean a thing until…
Year-over-year import price inflation was unchanged, whilst export price inflation advanced. Analyst Opinion of the Import / Export Price Situation Because of backward revisions – the year-over-year import prices were down from where we thought we were last month, whilst the export prices did advance. Import Oil prices were down 1.3 % month-over-month, and export…
Having bounced off record lows earlier in the week, the Turkish Lira is re-tumbling following President Erdogan’s comments that interest rates are “the mother and father of all evil” and that Turkey must “target double-digit economic growth.” Erdogan added a few more colorful comments sure to send shivers down the spine of any fiscal conservative (or…
BTC eyeing first support level following the last month rebound. pricechart: INVESTING.com
Oil prices are hovering just below a three year high as many are still shocked that oil prices are again trading this high. Oil Prices started out strong on Iranian, Israeli war tensions but pulled back after data from Genscape put crude storage at Cushing, Oklahoma at 39.56 million barrels as of Tuesday, up 479,644 barrels from Friday….
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News reports covering yesterday’s April report on consumer inflation emphasize that the monthly increase fell short of the consensus forecast. The cooler-than-expected gain is cited by some analysts as a factor that will allow the Federal Reserve to slow its plans for raising interest rates. Perhaps, but reviewing the annual pace of inflation and the…
The situation in the market has become one where Bitcoin is trading on relatively low volume without major moves. But the currency is in a very important place. Actually, Bitcoin is simmering slowly. Will it boil? Will this increase the profits on our hypothetical positions? The Bitcoin market has its undeniable quirks. From the wild…
After opening the day in green, share markets in India witnessed positive trading activity throughout the day and ended the day on a positive note. Sectoral indices traded on a mixed note, with stocks in the banking sector and stocks in the capital goods sector, leading the gains. At the closing bell, the BSE Sensex stood higher by 290 points (up 0.7%)…
