It’s Time to Get “Real”
Hey There Income Hunters, I want to follow up yesterday’s Power Income with further discussion on how poor the “real” wages look today compared with past recessionary periods. I get how hard it is to intuitively understand the impact inflation has on our income, expenses and wealth. Our government, Fed and banks […]
Major PPI Surprise What Will the Fed Do?
Hey There Income Hunter, Even I – someone who has been extremely bullish on inflation – did not think PPI would come in so much higher than expectations. I mean, a full percent in January and 9.7% year-over-year! And we may not be done. Higher inflation and lower growth make […]
The US Consumer is on Life Support
Hey There Income Hunter, We didn’t even get a “dead-cat” bounce on Monday after last week’s meltdown. You know, just a little short-lived recovery following a slide. Nada. It didn't help that bond prices are down and yields have risen on the weak economic reports we’ve been receiving. The joke […]
Charting A Huge Week
Hey There Income Hunters, A wild finish to last week’s trading was fueled by rumors of an imminent Russian attack on Ukraine and an emergency Federal Reserve Board of Governors meeting today. Both are important, however, the Fed meeting, held under “expedited procedures” will have a more immediate impact on the US markets. It’s expected […]
Is the Fed Declaring a State of Emergency?
Hey There Income Hunter, What the heck!? Now the markets are pricing in a 30% chance of an emergency rate hike. OK, yes, the CPI report came out and showed inflation at a 40-year high. But let me get this straight … J-Pow goes from denying there is any inflation to […]
A Wild FOMO Rally
Hey There Income Hunter, FOMO (that’s the fear of missing out) is back. Bear market rallies always lure the bulls back in, but it’s purely a numbers game – and a consumer price index (CPI) print today above 7% will bring back a dose of reality. All you have to do is take a good […]
Interest Rate Problems (And How To Trade Them)
Hey There Income Hunters, European interest rates have been trending higher the past few weeks, and I’ve been watching this closely. So, now we have the UK, Europe and US all in tightening mode, with the UK as the first mover followed by the US and the European central bank pulling up the rear. Notice […]
Don’t Give Up on Gold
Hey There Income Hunters, There has been a lot of discussion lately about how gold is no longer an inflation hedge. But the funny thing is, that was never gold’s intended purpose. That’s important for you to know as we enter a bear market. And if you want to profit in these […]
Short the Banks Heading into Fed’s QT
Hey There Income Hunters, Another week, more volatility. Treasury is issuing $110 billion of bonds ($50 billion in 3-year on Tuesday, $37 billion in 10-year on Wednesday and $23-billion in 30-year on Thursday) The CPI report comes out on Thursday (7.3% expected) University of Michigan consumer sentiment and 5-year inflation projections will […]
XHOT Wages – Fed Feeling More Heat Thanks to This
Hey There Income Hunters, Yesterday’s headline payroll was well above consensus (467k vs. 125k) and there were revisions higher for November and December. But that news was secondary to a fresh high in average hourly earnings (AHE). Since the Fed’s only concern is inflation and wages, oil and rental prices are the big driver now. […]