Helping You Survive and Prosper in the Greater Depression
The latest press conference between UK Prime Minister Rishi Sunak and Ukraine President Volodymyr Zelensky summarizes the state of the press. Here is a clip of a BBC "journalist" asking for a hug from … [Continue reading] about WATCH: BBC ‘journalist’ asks Zelensky for a hug during press conference
Gold is glittering again. Last year, central banks purchased a record amount of the precious metal. But who did the buying, and who maintains the largest global gold reserve holdings? For now, the United States still leads the world in … [Continue reading] about US still leads the world in gold reserve holdings, WGC data show
Is it time to say hello (again) to $100 this summer? Russia announced on Friday that it would slash production levels by 500,000 barrels per day (bpd) in March following Western bans on Moscow's crude oil and petroleum products. This will … [Continue reading] about Russia to slash crude oil production by 500k barrels per day in March
The monthly University of Michigan consumer report was mixed in February. First, on the sentiment side, UMich's Consumer Sentiment Index (CSI) climbed to 66.4 this month, up from 64.9 in January. This also topped market estimates of 65. The … [Continue reading] about University of Michigan: Consumer sentiment jumps, inflation expectations surge
Has the recession been canceled? The Federal Reserve Bank of Atlanta released an update to its first-quarter GDPNow model, and it was raised to 2.2 percent, up from 0.7 percent just a week ago. "The GDPNow model estimate for real GDP growth … [Continue reading] about Recession canceled? Atlanta Fed Bank’s GDPNow Q1 model raised to 2.2%