Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Performance 2009 to 2023 (compound annual)

performance2009 2023Small

 

New subscribers, setup your Login ( Menu-Login)

Subscriptions

North American economy in retreat

More
8 years 4 weeks ago #389 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
I listened to a video - a link in the link above that was with Larry Summers, who was puzzled why lower oil has not helped the US economy. They talked about economic conditions around the world and although they were sure to emphazise they were not predicting anything bad.

They had nothing good to talk about and seemed pretty dismal to me, here it is, but an hour long

Please Log in or Create an account to join the conversation.

More
8 years 4 weeks ago #386 by RonS
RonS replied the topic: North American economy in retreat
When Oil prices began a big decline I commented that this may be a ploy by the central planners to boost the US economy. My arguement then - it probably would not work this time becuase of the offset of the oil shale boom.

I just noticed the first article I seen about low Oil not rescuing the US economy

qz.com/604657/why-cheap-oil-hasnt-saved-the-us-economy/

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #381 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
This is a good video on paper money and Gold. It is a bit long, 50 minutes. Pretty solid argument on why the US$ will collapse

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #365 by DearJohn
DearJohn replied the topic: North American economy in retreat
Here is the video of Yellen, Bernake, Greenspan and Volcker, it is an hour long but some interesting stuff and a look into the Fed BS

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #358 by Gambler
Gambler replied the topic: North American economy in retreat
And PPI unexpectedly declined - well not here but the main stream did not expect it

Key Quotes

“Due to the first monthly decline in services prices since October 2015, the Producer Price Index (PPI) for final demand unexpectedly fell 0.1 percent in March. Core PPI-final demand also slipped by the same amount.”

“Anticipated to rise on the strength of higher energy prices, the index for PPI-final demand missed expectations for the month of March.

“Further back in the production pipeline, prices were mixed. Processed goods for intermediate demand, down 0.2 percent, extended its monthly decline to nine straight months, while unprocessed goods, up 2.5 percent, snapped an eight-month down streak.

“The soft performances from the March import and producer price reports suggest inflation pressures remain benign.”
www.fxstreet.com/news/forex-news/article...7c-89bf-e36dfac70821

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #357 by Gambler
Gambler replied the topic: North American economy in retreat
US Retail Sales down more in March, down -0.3% vs an expected small rise. Good thing gasoline prices were up or the numbers would have been lower

This is the excuse ""Retail sales remain lackluster despite a strengthening labor market, which is starting to boost wages. Part of the weakness could be due to a stock market sell-off early this year, which hurt consumer sentiment. The value of sales is also being restrained by low prices, as retailers offer huge discounts to clear unwanted merchandise clogging up warehouses.""
www.cnbc.com/2016/04/13/us-retail-sales-march-2016.html

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #345 by RonS
RonS replied the topic: North American economy in retreat
This is really scary, Yellen must be on another planet, according to a Kicto article I seen here
www.kitco.com/news/2016-04-08/Gold-I-Ain...fraid-Of-No-Fed.html

Responding to Trump about bubbles - she said the economy is not in a bubble - does she not have a clue? it is stocks and bonds in the bubble, but of course the Fed cannot tell the truth, but just deliver the planned message

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #343 by RonS
RonS replied the topic: North American economy in retreat
We are certainly heading to an epic crisis, yes it is for sure now, the modern day Four Horsemen of the Apocalypse appeared together on TV last nite

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #342 by RonS
RonS replied the topic: North American economy in retreat
This is another excellent Greenspan interview - he says it is basically a fiscal problem we face, there has been no productivity growth for 5 years in all major economies.

long term investments have been curtailed because the future looks to risky

He highlights the spread between short and long rates is recently highest in history and still not far from it

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #334 by RonS
RonS replied the topic: North American economy in retreat
Great video, What is crazy these videos of Greenspan get no viewership, this one was under 2,000. One of the greatest gurus ever on Central Banking. I guess the new world is just too young and has not got a clue

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #333 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Allan Greenspan interviewed at Bloomberg about Negative Interest rates. He gives pretty straight forward warning that we are in big trouble. Changes have not been made yet to address 2008 problems.

Please Log in or Create an account to join the conversation.

More
8 years 1 month ago #285 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
It looks that way, the article comments "Foreign official accounts sold a net $105 billion of the securities in December and January, an unprecedented liquidation, Treasury Department data show."

US needs foreign inflows for their massive debt, but who wants to buy bonds if their price drops with rate increases, I think many will wait for the rates to rise than come in, kinda a catch 22 for US debt

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.162 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper