By Philip Giraldi One can frequently disagree with government policies without necessarily regarding them with disgust, but the Joe...
Tag Archive for: feb 22 2022
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
INFLATION EASING, BIDEN ADVISOR SAYS. TRUE OR FALSE U.S. inflation will slow in the months ahead because the factors...
TURKEY’S CENTRAL BANK INTEREST RATE GAMBLE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 22 2022, 0For the second consecutive month, Turkey’s central bank has paused its practice of cutting interest rates in the face...
The European Union’s monthly survey of Eurozone consumers’ economic outlook slipped 0.3 percent this month to -8.8, the gloomiest...
EUROZONE TRADE DEFICIT SETS 13-YEAR HIGH
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 22 2022, 0The value of the Eurozone’s imports in December was 36.7 percent greater than a year earlier, due largely to...
INVESTORS HOARDING CASH AMID INTEREST RATE UNCERTAINTY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 22 2022, 0Cash holdings among professional investors has edged up to 5.3 percent, compared to 5 percent in December, according to...
ARGENTINA’S INTEREST RATE SPIKE. WHAT’S NEXT?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 22 2022, 2On 17 February, Argentina’s central bank raised its base interest rate by 2.5 percentage points to a whopping 42.5...
EUROPE’S TWO LARGEST ECONOMIES SURGE IN FEBRUARY. HAPPY DAYS ARE HERE AGAIN?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 22 2022, 0Germany’s private-sector economy expanded at its fastest pace in six months, driven by a pick-up in consumer spending on...
BIDEN ADDRESSES PUBLIC’S INFLATION CONCERN IN NEW COMMENTS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 22 2022, 0As public confidence in president Joe Biden’s ability to manage the economy continues to slide, he has adjusted his...
FRACKERS KEEP PRODUCTION LOW AS OIL AND GAS PRICES RISE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 22 2022, 2Major U.S. producers of fracked oil and natural gas are investing only enough to keep production at current levels,...
CLIMATE CHANGE? FORGET ABOUT IT: U.S. COAL PRICES HIT CENTURY HIGH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 22 2022, 1U.S. coal prices have shot from just above $80 a ton when 2021 began to more than $230 now...
The average home value has reached $1 million in 481 U.S. cities, double the number of locales in 2017,...
Apartment buildings are the best-performing real estate investment this year, as we reported in “Commercial Real Estate Investments Hit...
HOUSING MARKET: SALES UP, FEWER HOMES FOR SALE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 22 2022, 0Sales of existing U.S. homes rose 6.7 percent in January from December, the National Association of Realtors (NAR) reported,...
SLAVELANDIA: 61 PERCENT OF AMERICANS LIVING PAYCHECK TO PAYCHECK
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 22 2022, 3At the end of December, 61 percent of Americans were living paycheck to paycheck, a LendingClub survey found, slightly...
Sequoia Capital, the $80-billion U.S. private equity firm, will put $500 to $600 million into a new fund that...
EL SALVADOR BECOMES WORLD’S FIRST NATIONAL BITCOIN EXPERIMENT
Support, , TRENDS IN CRYPTOS, feb 22 2022, 2After legalizing Bitcoin as legal tender last September, El Salvador, under self-described “world’s coolest dictator” Nayib Bukele, has become...
CONSUMER SPENDING REBOUNDS. WHAT’S NEXT?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 22 2022, 0After sliding 2.8 percent in December, consumer retail spending bounced up 3.8 percent in January to a record $649.8...
U.S. State claims for unemployment benefits bumped up by 23,000 in the most recent week to 248,000, disappointing economists...