Economic Overviews

Powell has three jobs at the Federal Reserve: Ensure the US Treasury market functions; Price stability and Employment. [Below is my assessment of how each is evolving and what we can expect from the Fed over the next 3 to 6 months and the effect on the U.S. economy.] 

What I see in the autumn is much, much higher metals, high commodity prices, oil prices, etc, and crashing stock markets. Not a good scenario.

Lyn Alden: The economy is crashing into stagflation... Edward Dowd: CV19 vax deadliest fraud in history … Jim Rickards : New kind of globalization is coming … Stanley Druckenmiller: The bubble has burst with a vengeance … and more.

If we look at the economic collapses of the past, from the fall of the Roman Empire to Weimar Germany to Argentina and Zimbabwe, the pattern is extremely similar. Let's have a look at that pattern and ask ourselves if the present situation might not play out much the same.

There's a big difference between a recession and a depression. Here's everything you need to know about the two economic conditions.

What I outline below is not a forecast but a potential scenario which I sincerely hope won’t come to pass but the risk of going down the road to political and financial system collapse, social unrest and even civil war, and eventual hyperinflation, is certainly there.

If you want to know how the global economy is doing let this simple indicator do the talking - and here is what it is saying these days.

The current cycle of interest rate hikes could go down in history as the shortest and weakest in recent decades. Here’s why.

There is no easy solution. There is no possible painless normalization path. Powell will have to choose between the risk of a global financial meltdown or prolonged inflation.

Between soaring inflation, falling wages, slowing economic growth, and a Fed bent on tightening monetary policy, there is a storm on the horizon. The magnitude, timing, and location of the “economic hurricane” are still anyone’s best guess.