Central banks globally added to their net gold holdings for the fifth consecutive month in August, according to the latest data released by the World Gold Council.
This spending will likely be labeled “emergency,” so Congress members will not even have to pretend they are offsetting the new spending with cuts in other, lower priority programs.
When QT1 hit terminal velocity in late 2018, the S&P 500 plummeted nearly 20% in a single quarter. And QT2 dwarfs QT1 in every way, ramping up in a quarter the time to almost double the size!
How sticky is inflation? How much does the Fed know about inflation and where rates go? Nobody knows and the Fed, I'm convinced that they do now even know where...
Big problems usually begin as small problems. So, it shouldn’t surprise us if the economic disturbances of the last years compound into something bigger.
