The latest seasonally adjusted inflation rate for December was .46% month over month, with a non-seasonally adjusted annual rate of 7.0%. For the second month in a row, actuals were in line with expectations. As the chart below shows, December has reinforced a downward trend after a .95% reading in October. Unfortunately, the current downward […]
The post Blog first appeared on SchiffGold.
Despite a monthly record in receipts to the US Treasury, the federal government still managed to run a deficit in December. That’s because the federal government also broke a monthly spending record. The December budget deficit was $21.30 billion, according to the Monthly Treasury Statement. Through the first three months of fiscal 2022, the deficit […]
The post Blog first appeared on SchiffGold.
December Consumer Price Index data came out on Wednesday (Jan. 12). Month-on-month, it was again even hotter than expected. Peter called it an inflationary freight train that the Fed’s “field of dreams” monetary policy will not stop. “Transitory” inflation has now been running hot for a full year. The year-on-year CPI was 7%. It was […]
The post Blog first appeared on SchiffGold.
David Barse, Chief Executive Officer of XOUT Funding reviews with David Lin, support for Kitco Information exactly how to ideal select stocks in an age of higher evaluations, according to typical metrics. Nevertheless, it's time to change the way we value equities.
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