Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at rising new car prices. (See the Tangibles Investing section.)
Precious Metals:
Price pressure on gold, silver on worries Fed hawkish for longer.
o o o
At Gold-Eagle.com: Andy Schectman: De-dollarization Continues Amidst High Inflation.
Economy & Finance:
US risks default as soon as July, will add $19T to national debt, agency estimates.
o o o
PayPal President and CEO Dan Schulman Announces Retirement. JWR’s Comment: Their press release failed to mention that PayPal recently lost a huge number of accounts and $6 billion in stock valuation, following their now notorious “we’ll be fining you $2,500” censorship fiasco, in 2022. I suspect that is the real reason that Schulman is retiring.
o o o
o o o
Work-From-Home Trend Costs Manhattan $12 Billion Per Year In Lost Revenue.
o o o
At Zero Hedge: US Industrial Production Is Growing At Its Weakest In Two Years As Utilities Crashed.
Commodities:
February 2023 Economic & Market Outlook.
o o o
o o o
USDA: Egg Markets Overview.
o o o
Poor crop yields ahead? A polar vortex disruption is underway. What it means is up in the air.
o o o
From OilPrice News: Steelmakers Increase Production Amidst Rising Prices And Demand.
Derivatives:
NY Fed paper warns of systemic risks from SOFR credit lines.
o o o
The Return of CDOs: Is Another Economic Crisis on the Horizon?
o o o
Walt Lukken: Viewpoint – Issues to watch in global derivatives markets.
Forex & Cryptos:
EUR/USD forecast: Will the euro rise continue?
o o o
Reported on February 16th, at Currency Thoughts: Dollar Dips Again.
o o o
The economics of cryptocurrency mining: Costs, revenues and market trends.
o o o
Brazilian Government To Clarify Bitcoin Law With New Decree.
o o o
Crypto investors under attack by two new malware, reveals Cisco Talos.
Tangibles Investing:
A Shiny New Car Is Out Of Reach For Many Americans.
o o o
From the Rick Island auction house: 2023 Gun Prices and Trends.
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. Please see our Provisos page for our detailed disclaimers.
News Tips:
Please send your economics and investing news tips to JWR. (Either via e-mail or via our Contact form.) These are often especially relevant because they come from folks who closely watch specific markets. If you spot any news that would be of interest to SurvivalBlog readers, then please send it in. News items from local news outlets that are missed by the news wire services are especially appreciated. Thanks!