from Kerry Lutz's Financial Survival Network
John Rubino returns… Inflation seems to be spreading. Houses are setting records (If CPI Measured Actual House Prices, Inflation Would Be 3% Right Now), and copper is crushing it. How many things have to be soaring before we’re in an inflationary environment? Still no action on stimulus and all kinds of benefits running out before year-end. Economy is starting to slow as people have to dig into savings to buy basics. Gold still falling. Where’s support? Does seasonality matter this year?
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Research has concluded that the US will experience 500,000 fewer births in 2021, as couples choose not to have children because of the coronavirus fallout.
Predictably, but unfortunately, the announcement from the Biden-Harris transition office that an all-female team would lead communications for the incoming president and vice president was considered news and praised for its supposedly historic significance.
Federal Reserve Chairman Jerome Powell emphasized the importance of the lending programs it has deployed during the coronavirus pandemic, telling senators in testimony to be delivered Tuesday that they’ve been integral in keeping the economic fallout from being worse.
A Happy Thanksgiving weekend to all my US friends. This year was different for many of us—sometimes by choice, sometimes not. But there’s one bit of good news I think we can all share: The holiday season means 2020 is almost over. Soon, we’ll be able to turn the page.
On Sunday, Kentucky GOP Senator Rand Paul, following Dr. Anthony Fauci’s statement on ABC’s “This Week” about prioritizing keeping schools open, stated that Fauci owes “every single parent and school-age child in America” an apology for prior statements.
Supreme Court Justice Amy Coney Barrett could deliver a decisive vote in a case regarding gun ownership for non-violent felons if the case makes its way to the high court for review.
In October, money supply growth fell slightly from September’s all-time high, although growth still remains at levels that would have been considered outlandish just eight months ago. October’s easing in money-supply growth comes after eight months of record-breaking growth in the US which came in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages.
A total of 12 articles of impeachment have officially been filed against Ohio Gov. Mike DeWine over abuse of power during the Chinese coronavirus pandemic.
Chris Lowe: Hey, Nick.
As a profession centered around choice, prices, production, information and values, economics is not always particularly good on those topics. As the saying goes, “An economist is someone who knows the price of everything and the value of nothing.”
Then there’s the “single-asset” commercial mortgage-backed security (CMBS) backed only by the mortgage of this tower.
President Donald Trump gave Michael Flynn a reason to be thankful over the holidays, announcing late Wednesday he was pardoning his former national security adviser. As Trump’s administration wraps, will anybody else—especially anybody not directly connected to the president—get similar mercy?
If you’re wondering what happened in Georgia on Sunday, you’re not alone. A federal district court issued three different orders about county officials’ plans to wipe Dominion voting machines. Thankfully, the last order gets it right and stops Georgia officials from erasing information on voting machines at the heart of the debate about election fraud.
President Trump’s White House communications officials are not happy that Joe Biden is getting credit for assembling what his transition team and the media are describing as the first all-female White House communications team in history.
Senate Minority Leader Chuck Schumer called for the Senate to confirm Joe Biden’s Cabinet nominees BEFORE his potential inauguration on January 20, 2021.
On the heels of a wild day of trading, we haven’t seen extremes like this in 15 years.
An elderly Canadian woman was killed by her doctor because she would rather be dead than go through another COVID lockdown. When it looked like she would have to be confined to her room for two weeks, she asked for — and received — the lethal jab due to declining mental health and vitality.