I recently debated with Michael Pento, who made an interesting statement that increases in the money supply, the deficit, and a return to quantitative easing (QE) will lead to 1970s-style inflation. The recent experience of inflation in 2021 and 2022
January 24, 2025
The composite PMI increased from 49.6 to 50.2. Though better than expected, it still corresponds to a stagnant economy with a contracting manufacturing sector. While price pressures are increasing again, the weak growth environment seems to take priority as the
The US real estate market is experiencing an unprecedented freeze. Mortgage demand in the US has fallen to its lowest level since 1995. In less than four years, mortgage applications have fallen by a spectacular 63%, reflecting growing buyer disaffection:Taxes
Image Source: Pixabay The USD/JPY pair declined to 155.13 on Friday, as the yen gained robust support following the Bank of Japan’s (BoJ) decision to raise its interest rate during the January meeting. BoJ’s interest rate hike and economic outlookThe BoJ
Gold’s price (XAU/USD) is rallying further, trading at $2,778 at the time of writing on Friday, and could hit a fresh all-time high at any moment after US President Donald Trump surprised with comments the previous day casting doubts on the application
Image Source: Unsplash Instrument: FTSE100 Average Pattern Move: +1.68% Timeframe: Jan 31- Feb 27 Winning Percentage: 80% Does the FTSE 100 have another leg higher to come? The FTSE 100’s recent ascent to a record high of 8,505.22 on January
