News
CONCURRENT DEFLATION AND HYPERINFLATION WILL RAVAGE THE WORLD
The world will soon be experiencing massive inflation alongside a massive deflation of assets. This is how all debt-infested systems end.
Russia, rejecting default, tells investors to go to western financial agents
Russia rejected claims on Monday that is had defaulted on its external debt for the first time in more than a century, telling investors to go to Western financial agents for the cash which was sent but bondholders did not receive.
Macron tells Biden that UAE, Saudi can barely raise oil output
French President Emmanuel Macron said on Monday the president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan (MbZ), had told him two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.
What’s Priced Into the Stock Market?
What’s priced in? This is one of the hardest questions to answer when it comes to the financial markets. The S&P 500 is down around 20% from its all-time highs. It sure feels like the stock market is currently pricing in an imminent recession. But it’s important to remember the stock market doesn’t have a perfect track record of pricing in economic contractions ahead of time.
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