Fed’s Preferred Inflation Measure Higher
The BEA released the Fed’s preferred measure of inflation and it’s not good. From the BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according…
The BEA released the Fed’s preferred measure of inflation and it’s not good. From the BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according…
The BLS released their JOLTS report for July and it shows 8.8 million jobs open. Here’s a snippet: The number of job openings edged down to 8.8 million on the…
In January of 1980, gold hit a peak of $830/oz and as of August 2023, the last price of gold was listed at $1915/oz so is that a good return?…
September tends to be one of the most volatile months for the stock market so let’s take a snapshot of where we are today. First up SPY, we are down…
The Missouri Independent has an excellent article on the demographic crisis in the United States and asks a very important question, “Who’s going to work there?” We encourage you to…
After hours the price of Nvidia stock is $502 per share after earnings and it reminded us of another tech stock from the dot com era called Cisco. Back then…
CNBC has an article stating that $80,000 is the new starting salary. Here’s a quote: According to the latest New York Federal Reserve employment survey released Monday, the average “reservation…
The Social Security Administration publishes a monthly snapshot of social security recipients which you can find the July report here. According to the over 65 enrollment numbers, there was an…
It seems Canada, India and thee United States all had an uptick in inflation for July and this despite the Fed raising rates 525% and possibly continuing to do so…
One of our favorite profitable trades for 2023 has been taking a position in DVN. We’ll walk you through the mechanics of how profitable this trade has been but first…