Inflation is a Now Big Problem for Biden
Overall inflation hit 6.2% in October, the highest level of price hikes in 31 years. Indication rising prices are becoming a permanent feature.
Recent
Larry Summers Says Markets Braced for Stagnation and ‘Japanization’
Summers said global financial markets appear to be anticipating slow growth and low real interest rates for the next few years.
Inflation Concern Drags 30-Year TIPS Yield to Record Low
Rising concerns about consumer-price gains have helped fuel a leap in traders’ inflation expectations recently.
Inflation Outlook Hits New High in New York Fed Consumer Survey
Household expectations for inflation in next 12 months climbed to 5.7% October from 5.3% previous month, per monthly Survey of Consumer Expectations.
Era of Super-Low Interest Rates May Be Ending, Goldman Says
Stronger demand, especially for investment, with inflation uptick expectations due to pandemic inflation shock, suggest we're on road to higher rates.
Kiyosaki: The US stock market is headed for 'giant crash'
Kiyosaki: The US stock market is headed for 'giant crash' followed by a new depression — here are the only 3 assets he likes as protection.
Why Is The Fed Urging Calm Ahead of Tapering Bond Purchases?
Some say the Fed has done a better job to bring in tapering than in 2013 by giving the market fair warning.
