Today’s German federal election has delivered a decisive yet complex verdict, with Friedrich Merz’s center-right Christian Democratic Union/Christian Social Union (CDU/CSU) securing a plurality of the vote at around 29%, as...
At first, I thought the panic rush of gold into the US had to do with “something in Europe” – money fleeing for some reason, like war. Now, given the audit of Fort Knox coming up, I’m thinking maybe there’s...
US consumer debt is high and rising but 16 cents on every dollar spent by the government is now going to interest A recent report from the Federal Reserve warned that consumer debt is now more than $18tn and the people are worried....
Bucket-loads of political capital and cash will be used to reconfigure English councils’ two-tier set-up, but the benefits could be huge Across England a quiet rebellion is brewing. In Rutland , locals have started a campaign to save the...
There is political agreement that Britain and Europe need to increase military spending. But in straitened times, how can it be done? Can Britain increase defence spending without cuts elsewhere? Rachel Reeves is constrained by fiscal...
Warren Buffett’s recent moves in the stock market signal a strong defensive posture, one that suggests a serious market correction may be on the horizon. Over the past several years, Berkshire Hathaway has been a net seller of equities,...
Key Facts: The S&P 500 (-1.7%), Dow Jones (-2.51%), and Nasdaq (-2.51%) fell this week amid tariff concerns and weak economic data. The Russell 2000 (-3.71%) and Dow Transports (-3.45%) underperformed, reflecting slowing economic...
As China’s cheap prices continue to dominate western markets, attempts to revive or invent UK brands has never been tougher Britons might never again get the chance to buy an electric kettle made in the UK. Even a £150 kettle from...
Long-term yields matter to the economy. So how to get the 10-year yield down? Not with rate cuts, obviously. That flopped, had the opposite effect. But with a three-pronged strategy.
There's this cautionary tale, in the finance world, that nearly any trader can tell you. It's about placing too much confidence in math and models. It's the story of Long Term Capital Management. The story begins back in the 90s. A group...
To understand gold’s current meteoric price rise you have to understand gold’s history. Today I take us all back to the 1970’s and build forward. I explain that gold’s price has ALWAYS been a subject of great concern for the central...
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and closing the book on a holiday-shortened...
I had the opportunity to moderate a panel discussion on the mRNA vaccines. This was in response to the sudden push to launch these terrible products into the H5N1 arena, which I strongly oppose on many levels. The mRNA technology is not...
The Fat Pipe: Critical Intel For Critical Thinkers Below you will find news items, Tweets, and articles that I consider important but couldn’t squeeze into my condensed analysis and reporting. This moment in time is just like with Covid,...
Sharon Graham, the Unite general secretary, says direct action is being considered to save UK jobs Britain’s income from inheritance tax is on track to hit a record this financial year, having risen around 10%. Inheritance Tax receipts...
Danielle DiMartino Booth, CEO of QI Research, discusses the release of the latest Fed minutes, and what’s next for monetary policy in light of an ongoing trade war. Here is a direct video link.
Until centre-left parties can escape the mental prison built by decades of soft neoliberalism, it is what we are likely to get Get our breaking news email , free app or daily news podcast According to the internet, neoliberalism is dead,...
Rule dating from 2009 that limits borrowing looks vulnerable as main political parties promise to revive stalled economy Germany is used to running its economy with the brake on. Ever since the 2008 financial crisis Berlin has sought to...
Surprisingly stable chicken meat prices, a lawsuit threat against the Gulf of Mexico's name change, and the Trump administration's false claims about Social Security beyond the grave are all under the microscope on this edition of...
January surplus is still highest on record but below the £20bn City economists had forecast Business live – latest updates A rise in self-assessment and capital gains tax receipts gave the UK’s public finances a smaller than expected...
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.
The strategy: Let inflation rip to bring the horrible debt-to-GDP ratio down. Households & yield investors pay for it. Turns out, no free lunches after all.
Note: Paul is traveling this week, so we’ve brought him in with a pre-recorded piece to explain to us a gain the importance of running a risk-managed portfolio during times like these. But first I dive into the Fort Knox audit...
Companies increase hiring for first time since June, and households more optimistic about their finances Companies have ramped up hiring in recent weeks while consumer confidence has started to rise, research suggests, in a boost for...