by Ryan McMaken of Mises Institute If you’ve purchased any airline tickets lately, you’ve probably noticed that prices are up. It’s quite a reversal from the days of lockdowns, when airline tickets could have had for half the price of 2019 fares. Or even lower, in many cases. But those days are apparently over, and…
“But Joe, did you ask anyone to look at this plan before you sent it over to the Journal?” Image (CC BY-NC-ND 2.0) via NATO From Peter Reagan at Birch Gold Group Federal Reserve Jerome Powell repeatedly claimed that inflation was only a “transitory” for a good portion of 2021. (Spoiler alert: the official data…
Real Madrid enjoyed a brilliant season, winning LaLiga comfortably before also being crown champions of Europe by beating Liverpool in Paris. That 1-0 win at the Stade de France capped a remarkable run in the Champions League, with Los Blancos having instigated great escapes against Paris Saint-Germain, Chelsea and Manchester City. It’s difficult to recall…
By J. Keeler Johnson (“Keelerman”) Twitter: @J_Keelerman The 2022 Triple Crown winds down on Saturday with the 154th running of the historic $1.5 million Belmont S. (G1) at Belmont Park. Held over the testing distance of 1 1/2 miles, the Belmont has attracted a small but competitive field of eight horses for…
Read More “Keeler Johnson’s Belmont Stakes 154 Selections” »
by David Haggith We’ve gone from my being almost a lone voice at the start of the year, proclaiming a recession had begun, to a number of people now saying we are already in recession: David Rosenberg, Eric King and Egon von Greyerz, Danielle DiMartino Booth , John Williams (actually he strongly implied it, at…
Read More “Two Primary Pointers to Recession are Rapidly Diving Deeper – Investment Watch” »
by Michael Have you ever heard of a survey where 100 percent of the respondents agree? I can’t ever recall seeing one like that, but as you will see below, 100 percent of the corporate CFOs that were just surveyed by CNBC believe that a recession is coming by the end of next year. At…
Australia’s biggest lender expects a 15% fall in home prices nationally over the next 18 months on the back of faster and higher interest rate hikes, predicting big declines in Sydney and Melbourne this year. Commonwealth Bank of Australia economists are now forecasting significant falls in property prices as the Reserve Bank of Australia undertakes…
Read More “CBA Predicts 15% Home Price Drop Due To Faster And Higher Rate Hikes” »
Grounded since late December, the unbeaten Flightline took to the air this week. Destination—New York. The brilliant but lightly raced colt departed his Southern California base on a cross-country flight and arrived at Belmont Park June 7 for his long-awaited return to racing in the June 11 Hill ‘n’ Dale Metropolitan Handicap (G1), the $1…
Read More “Connections Eager for Flightline’s Long-Awaited Return” »
by Michael We haven’t seen anything like this in decades. Energy prices are soaring to unprecedented heights. Food shortages in some parts of the world are starting to become quite severe. Rampant inflation is out of control all over the globe. Meanwhile, economic activity is slowing down everywhere that you look. Some are comparing this…
Read More “The Worst Economic Gloom In 50 Years – Investment Watch” »
by Michael Will this be a summer of widespread politically-motivated violence in the United States? The Supreme Court decision that finally overturns Roe v. Wade is expected to be released this month, and authorities are fearing the worst. In fact, the Department of Homeland Security just issued an advisory warning specifically of “mass casualty violence”…
