Treasury Bails Out BoE for First Losses on QE Program: FT

Treasury Bails Out BoE for First Losses on QE Program: FT

The Treasury has had to bail out the Bank of England for the first losses...

Powell Answering Questions No One Asked

The average price of eggs increased by 49%, butter/margarine by 34% year-over-year, CNBC reported as...

Real Wages Fall for the Twenty-First Month as Rent and Food Prices Keep Rising

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and...

Components of the CPI: December

Let’s do some analysis of the Consumer Price Index, the best-known measure of inflation. The...

Whatever the Fate of the Fair Tax Act, Congress Should Still Abolish the IRS

Getting rid of the much-despised Internal Revenue Service would be a good idea. It’s unlikely...

World Bank Makes Big Cut to Its 2023 Growth Outlook, Says Globe Is ‘Perilously Close’ to Recession

The World Bank slashed its global growth forecasts from projections it made in mid-2022 on...

What Inflation Would Look Like in a True Free-Market Economy

There is not a shred of historical evidence that the US economy needs a 2.00%...

The Fed Sent $76BN To Treasury In 2022; It Is Now Sending $650 Million To Banks Every Day Instead

…After all, the Fed can always print whatever money it needs to plug the “deferred...

Here’s What’s Going On With the $346BN in Cash Parked at the Treasury

There is $346BN in cash parked at the Treasury. This will now be drained rapidly...

Corporate Insiders Embark On A Buyers' Strike: Felder

While the average investor continues to BTFD, insiders see few bargains....

The 3-Month Trend of S&P 500 FY2 EPS Revision Sentiment Stands at -31% most negative since 2008

“More than 20% of S&P 500 market cap has preannounced in 4Q 2022, the highest...

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