Freedom

Freedom Financial Archive | Originally posted Nov 23, 2022 Mark joined legendary financial author Addison Wiggin for a chat. They covered gas, diesel, and FTX, among other topics. We’ll show you a snippet of their conversation with respect to FTX. This is piece is part of a conversation I had with Addison Wiggin this past […]

Freedom Financial Archive | Originally posted Nov 21, 2022 The Fed’s hiking strategy is creating the demand destruction needed to induce a recession and kill off inflation. The weaker global economy is leading to an oil surplus. Lower capital expenditure is leading to falling manufacturing output. Just because you’re paranoid doesn’t mean they’re not out

Freedom Financial Archive | Originally posted Nov 19, 2022 It’s an indelible memory for any first-time flyer. “Seeing the world through God’s eyes” was how Meryl Streep’s Karen Blixen talked about it in Out of Africa. Denys Finch-Hatton, the Old Etonian and Oxford graduate played by All-American Robert Redford, had taken Blixen on her first

Freedom Financial Archive | Originally posted Nov 17, 2022 The Philly Fed, a great forward-looking indicator, came out with a terrible number. The Empire Manufacturing Index was equally atrocious. Inflation isn’t going away any time soon, if these surveys are correct. Hi, I'm Mark Rossano, Editor of the NEO Report. Today we want to go

Freedom Financial Archive | Originally posted Nov 16, 2022 I always want to pat these people on the head and comment on their naivety. Who am I talking about? Those Western liberals who think the “Arab Spring” was a cry for freedom. It’s ludicrous. Over there, they don’t even call it the Arab Spring. They

Freedom Financial Archive | Originally posted Nov 14, 2022 When I’m driving with my wife, I hate making a wrong turn. It’s embarrassing to admit my mistake, turn around, and go the correct way. I try to avoid doing so until the last possible minute. And even then, I try to make it look like

Freedom Financial Archive | Originally posted Nov 11, 2022 Diesel Itself When you look at the distillate side, which is that middle cut of the cracker itself, we continue to see massive shortfalls. And just looking at the data today, we continue to be very short on the distillate side. But I think it's important

Freedom Financial Archive | Originally posted Nov 09, 2022 The US jobs market is showing some different signals we want to look at in terms of which one matters most as we go forward. There is a lot of disconnect between what the non-farm payroll is showing and what the household survey is representing. Essentially,

Freedom Financial Archive | Originally posted Nov 04, 2022 In our last daily, we talked about a few things. Let’s recap: We’re running out of diesel… fast. It’s difficult to get the required diesel to the Northeast because they don’t have the pipeline and rail infrastructure, nor enough Jones Act vessels available to receive it.

Freedom Financial Archive | Originally posted Nov 03, 2022 It’s easy to channel your “inner Seinfeld” and point at the Russians and Saudis for the diesel shortage. But in truth, it’s a tragedy of errors committed by US politicians – and US voters – that’s to blame. Diesel, diesel anywhere? Nor a drop to burn.