Fed Says Inflation Battle Not Over. Get Ready For More Rate Hikes

  As reported in this article, Federal Reserve Chair Jay Powell took the podium at the Fed’s annual retreat in Jackson Hole, Wyoming on August 25. What did Powell say, and what are the implications for investors and global markets? Subject to the usual qualifiers about data dependence and observing economic developments, Powell’s remarks at Jackson…

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The Total Surveillance State Is Here. It Begins With a Tax Bill

We’ve issued many warnings about central bank digital currencies (CBDCs) and their potential use as surveillance tools to track what you are buying, what charitable contributions you make, what political contributions you make, what religion you follow, and much more. Processing this information using artificial intelligence tools, it is possible to develop a profile of…

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Have Trump’s Prosecutors Outsmarted Themselves?

Not much needs to be said about the fanatical effort to put Donald Trump on trial and convict him of various crimes before the 2024 elections. These efforts have almost nothing to do with the normal administration of law and everything to do with an obsessive desire by elites of both parties and the media…

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History’s Starting to Rhyme…

Has World War III already begun? That’s not a facetious question meant to grab attention. It’s a legitimate question. It’s often the case that momentous events begin in small ways and expand out of control. In retrospect, it seems obvious that war was inevitable. But at the time, it’s not obvious at all. Events might…

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Biden Reaches New Lows With Contemptible Visit to Maui

It’s beyond obvious to say that Joe Biden is seriously mentally impaired and appears physically drained, perhaps near death. It’s equally clear that Biden is the most corrupt president in U.S. history, worse even than Harding in Teapot Dome, Nixon in Watergate, and Clinton putting national security up for sale to the highest bidder. Obama…

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If You Shoot at The King, Don’t Miss

There’s an old expression in politics – if you shoot at the King, don’t miss. The meaning is clear. If you are attempting to overthrow a ruler and you have some military or other backing on your side, make sure you kill the ruler on the first shot. If you miss, or if your plan…

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This Story Unlocks the Conundrum Between Weak Data and Strong Growth

Many economic analysts (myself included) have been both pointed and consistent in warning about an economic recession, which could be severe. There are many factors that point in that direction including inverted yield curves (a bet on much lower interest rates), negative swap spreads (an indication of bank balance sheet constraints), tightening credit standards, reduced…

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