Freedom

Freedom Financial Archive | Originally posted Sep 29, 2022 As living costs keep rising, it is important to keep track of wages, but more importantly, how fast the consumer is adding back credit. We saw a huge drop in consumer credit over the last two years as people used government transfers to pay down debt […]

Freedom Financial Archive | Originally posted Sep 28, 2022 While good theater, the “public square” will remain just that: square. Elon Musk’s valiant attempt to free speech won’t move the needle. European regulators are already licking their “hate speech” chops. Bright, sunny, and brisk is the morning today in Asti. Good morning to you. I’ve

Freedom Financial Archive | Originally posted Sep 28, 2022 The Fed tried to pull the usual “bait and switch” by talking about an increase of 75 bps, but instead giving the market only 50 bps  and acting like it was a “dovish” action. It was able to create a short squeeze in the equity market,

Freedom Financial Archive | Originally posted Sep 28, 2022 Inflation remains rampant worldwide, with more pressure coming throughout the supply chain. U.S. core services CPI surged again with more pressure coming from the rent of primary residence. The shift in primary and owner equivalent rents saw the biggest surge in 15 years. But there is

Freedom Financial Archive | Originally posted Sep 28, 2022 What’s Inflation? Our preferred definition of inflation is a “tax raised not by a legislature, but by a central bank, which all currency users suffer.” But exactly how much of a tax is inflation? The fixed income market (bonds) is the best place to get an

Freedom Financial Archive | Originally posted Sep 28, 2022 No Roughneck Himself, The New UK PM Chooses Moratorium Former UK Prime Minister Liz Truss removed the 2019 fracking moratorium in the UK. Two days ago, new PM Rishi Sunak reinstated the moratorium. The UK instituted it following opposition from environmental groups and local communities. The

Freedom Financial Archive | Originally posted Sep 26, 2022 Two days ago on Twitter, I had enough. So, I posted this: I’ve never gotten how anyone can celebrate lower prices when you get there by demand destruction. Because literally, that’s what they’ve done over in Europe. The politicians who run the place are thrilled natural

Freedom Financial Archive | Originally posted Sep 15, 2022 If you could see your face when you roll into a gas station! Like a beaten favorite who can’t figure out how they lost the game, your jaw is in your lap. Gradually closing your mouth as you pull up to the pump, you’re thinking, “How

Freedom Financial Archive | Originally posted Sep 07, 2022 The US Dollar: From Almighty to All-Powerful! The U.S. Dollar is driving higher. And given the underlying macro horror story, it’s unlikely to stop anytime soon. Whenever the dollar makes a run, it usually spells a lot of problems for the rest of the world. That’s

Freedom Financial Archive | Originally posted Aug 29, 2022 Market volatility will remain as global uncertainty about food, war, and central bank tightening is happening at this point. Bond volatility has reached levels not seen since 2020, and before that, we have to go back to 2009. The Federal Reserve has been laser-focused on “controlling”