Where is the U.S. economy headed? Will equities keep going up? Have gold prices hit their highs? Will inflation rise or fall?
Tag: U.S. economy
FED OFFICIALS: PUSH THOSE INTEREST RATES UP HIGHER AND FOR LONGER
The U.S. Federal Reserve should raise its key interest rate above 5 percent and leave it there until inflation shows clear signs of retreating, Loretta Mester, president of the Federal Bank of Cleveland, said in an 11 April speech at New York University.
ECONOMIC UPDATE – MARKET OVERVIEW
Two weeks ago, the headline of Gerald Celente's Trends in the News video was “DEATH OF THE DOLLAR ON THE DOORSTEP.”
SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST
Last week, federal bank regulators sold Silicon Valley Bank’s assets with a book value of $72 billion but they only fetched $55.5 billion from buyer First Citizens Bank, roughly 77 cents on the dollar.
WHEN THE ECONOMY FALLS JOBS GO WITH IT
This is week 34 of our reporting the long trend-line of layoffs that signal recession in a country near you. To illustrate the depth and range of the layoff trend we note that Recruit Holdings, owner of online job placement service Indeed, is laying off about 2,200 workers or about 15 percent of its staff.
FREIGHT COMPANIES FEAR RECESSION
Logistics companies had hoped for increased business in the last half of this year, but retailers are cautious about placing orders after being overstocked for months last year and earlier in this one, The Wall Street Journal reported.
ECONOMIC UPDATE – MARKET OVERVIEW
In February we warned Trends Journal subscribers to prepare for “March Economic and Equity Market Madness.” We also provided proactive measures to consider taking.
FED RAISES KEY RATE A QUARTER POINT: WHAT’S NEXT?
The U.S. Federal Reserve added a quarter point to its key interest rate last week, lifting the yield it pays on deposits to 4.75 percent and the rate it charges borrowing banks to 5 percent.
ECONOMIC UPDATE – MARKET OVERVIEW
In The Bronx, we used to say, “Bullshit has its own sound.” Let’s look at the facts... just the facts.
ECONOMIC UPDATE – MARKET OVERVIEW
As forecast last month, we warned Trends Journal subscribers to prepare for an equity market crash.