Inflation is yesterday’s news. The Fed had already crushed it with all its rate hikes and the failure of Silicon Valley Bank and its collateral damage are ushering in deflation. While the Fed Futures are split on if the Fed…
I’m not trying to scare anybody but I have a premonition that something is about to break. The relentless move higher in the dollar and the ten year treasury yield is tightening global financial conditions on a daily basis. The…
The more I think about, the more inclined I am to think that we are heading for Civilization Breakdown, due to the collapse of the dollar as a medium of exchange, like Germany in the early 1920s, as opposed to…