Guest Post by Michael Pento from his commentary on pentoport.com:
The effective overnight interbank lending rate is now 3.08%. It was just 0% a little over six months ago. According to the Fed’s current...
Rising interest rates are being met with some negativity from investors. Deals don’t make sense anymore, cash flow is becoming almost extinct, and those who could qualify just a year ago are barely...
The 2020-caused supply chain shortage went from bad to worse over the span of just a month. By the summer of 2020, builders were facing massive delays, a lack of labor, and material...
Scott Minerd, Chairman of Guggenheim Investments and Guggenheim Partners Global with the tweet:I like how Minerd accompanied his words with that Gilt chart. The Bank of England would probably rephrase his comments as...
The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...
S&P 500, Dollar, VIX Index, ISM, Employment and USDJPY Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680Risk appetite continued its charge to star the new month with an impressive...
