Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Senior Editor, JWR. Today, we look at the likely recession in 2023. (See the Economy & Finance section.)
Precious Metals:
Michael Pento: Fiscal and Monetary Policy Shocks.
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Video interview: Gold is ready to ‘explode’, 2023 will be a ‘commodities boom’ – Todd Bubba Horwitz.
Economy & Finance:
China’s retail sales shrink far more than expected, while industrial production disappoints. JWR’s Comment: This looks like the harbinger of a global recession, folks.
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Recession drumbeat gets louder as more U.S. CEOs strike mellow note for 2023.
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At Wolf Street: Retail Sales Hit by Price Drops in Durable Goods, Gasoline. But Sales Rose where Prices Rose: Restaurants, Grocery & General Merchandise Stores.
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MarketWatch: Stock-market investors now fear recession more than inflation. Here’s why.
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Deutsche Bank: World Outlook 2023: Is recession looming?
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The Economist: Why a global recession is inevitable in 2023.
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The Two Largest Foreign Holders Dumped US Treasuries In October, Record Annual Equity Outflows.
