In multiple previous posts on this blog, I have shown evidence that the American consumer is in dire straits. This is at least partly due to inflation, which has been running at more than 4% for two years now: This would not be a problem if wage growth was keeping up with the rapidly-rising cost…
Tag: macroeconomic conditions
Could The Oil Sell-Off Reverse? IEA Says Yes!
Over the past several months, we have seen crude oil decline in price in stark contrast to several other things in the market. Indeed, West Texas Intermediate crude oil is down 7.10% year-to-date: This is in stark contrast to the stock and bond markets, which have both shown surprising strength this year. This is unsurprising…
American Producers Cutting Natural Gas Production, Glut
As everyone reading this is no doubt well aware, natural gas prices have declined significantly year-to-date. As of the time of writing, natural gas at Henry Hub is down 47.81% since January 1, 2023: In fact, the current price is back to levels that we have not seen since the pandemic drove down the price…
Further Evidence Mounts That Casts Doubt On Employment Strength
Earlier this week, we published an article that expressed some concerns about the official narratives of a strong employment market. Most notably, we mentioned the large layoffs that have been occurring in the technology sector, among others. This is rather important because the technology sector was by far the biggest source of strength in the…
The Jobs Data Continues To Get Worse
A few weeks ago, I published an article on TalkMarkets that showed how the jobs market appears to be worse than what the media and the Federal Government are leading people to believe. We saw further evidence of that earlier today as Meta Platforms (META), which owns Facebook, Instagram, WhatsApp, and various other popular social…