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“The Debt Crisis Is Here”: The Conference Board Is At It Again

“The Debt Crisis Is Here”: The Conference Board Is At It Again

The Committee for Economic Development (CED) of the Conference Board recently put out “Explainer: The National Debt” which is pretty much a greatest hits of debt scare mongering. Other than the references to recent events and data, it is timeless: the authors could have put out the same report in any year since the mid-1980s, and […]
BRICS To Develop Blockchain-Based Payment System To Bypass The Dollar

BRICS To Develop Blockchain-Based Payment System To Bypass The Dollar

Image Source: Pexels In an interview on the Russian news agency TASS, Kremlin aide Yury Ushakov announced that the BRICS nations plan to develop a new payment system based on the blockchain.This sets the stage for further de-dollarization and could further undermine the status of the dollar as the global reserve currency.”We believe that creating an […]
How Are Gold, Climate Change, Bitcoin, And The Fed Related?

How Are Gold, Climate Change, Bitcoin, And The Fed Related?

A reader asked me to write about gold. O.K. Here’s something I have been thinking about after watching Fed Chair Jerome Powell’s testimony before Congress yesterday. Chart courtesy of TradingEconomics, annotations by MishBipartisan BickeringPowell’s appearance before Congress Q&A was dripping with partisanship.Republicans phrased questions to Powell blaming Biden for inflation. Democrats phrased questions to Powell […]
Overwhelmingly Bullish, Even For All Time Highs

Overwhelmingly Bullish, Even For All Time Highs

Not only has the S&P 500 returned to new highs but sentiment is also making a push higher. As shown below, the latest AAII Sentiment Survey showed more than half of respondents surveyed responded as bullish. At 51.7%, bullish sentiment is now slightly below the multi-year high from December 21st (52.9%). While a majority of respondents are […]
Confidence In The Global Economy, By Country

Confidence In The Global Economy, By Country

Measuring consumer confidence in the economy is crucial for understanding both current economic strength, as well as how consumers may be expected to act in the future.So how do people around the world feel about the global economy?This visualization uses survey data collected from October 20 to November 3, 2023 by Ipsos. It was first highlighted […]
Chart Of The Day: Carlisle Keeps Building

Chart Of The Day: Carlisle Keeps Building

100% technical buy signals 5 new highs and up 13.55% in the last month 60.32+ Weighted Alpha The Chart of the Day belongs to the building products and equipment company Carlisle Companies (CSL).  I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current […]
Over-Leveraged Consumers & Corporations Pose The Biggest Threat To The Economy

Over-Leveraged Consumers & Corporations Pose The Biggest Threat To The Economy

Image Source: Pexels The media is full of reports that the economy is in fine shape due to a “strong” and “resilient” consumer who has held up much better than expected during the recent years of high inflation and high interest rates.But has the average consumer truly shrugged all that off?Or are they in worse shape […]
Silver Price Analysis: XAG/USD Shines Above $24.00 Fueled By Soft US Dollar

Silver Price Analysis: XAG/USD Shines Above $24.00 Fueled By Soft US Dollar

Image Source: Pixabay Silver price advances during Thursday’s session, gains almost 1%, and stays above the $24.00 figure as investors expect a rate cut by the Federal Reserve in June. Therefore, XAG/USD exchanges hands at $24.40. XAG/USD Price Analysis: Technical outlook After bottoming at around $22.50, the grey metal extended its gains due to fundamental news. That opened […]
Global Recession’s Winners And Losers

Global Recession’s Winners And Losers

Image Source: Pexels That the global economy is slipping into recession is self-evident. What’s not yet known is the eventual depth and length of the recession. Given that the extreme policies needed to avoid recession over the past 15 years have reached extremes that are now the problem, not the solution, there won’t be any more fiscal-monetary “saves” […]
Taylor Swift Stock Index: A Great Performer

Taylor Swift Stock Index: A Great Performer

Taylor Swift, the name synonymous with chart-topping hits and captivating performances, has also quietly built herself into a savvy business mogul. Her journey extends far beyond the recording studio, encompassing strategic branding, fan engagement mastery, and a fierce fight for artistic ownership.Taylor Swift’s success goes beyond just being a talented musician. Here are some of her […]