by Michael E Dehn | Oct 4, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, Crypto considerations, Fintech, World economic impacts
We have said from the beginning that our Federal Reserve is loathe to relinquish control of our slowly eroding dollar to a decentralized platform out of their control in their backyard without some sort of controlled GOVERNMENT ISSUED CBDC. Up to this point the...
by Michael E Dehn | Oct 3, 2023 | Banking and Finance, Breaking News, World economic impacts
Maybe China is a source of the recent move higher in treasury yields? According to Apollo, China has sold $300 billion in US Treasuries since 2021. This includes $40 billion since April 2023 as the pace of their selloffs has accelerated. Slowing growth in China...
by Michael E Dehn | Oct 3, 2023 | 2024 election realities, Banking and Finance, Breaking News, World economic impacts
According to Reuters, the US currently has just 17 days of supply left in the Strategic Petroleum Reserves (SPR). This is roughly half the historical average of ~33 days dating back to 1990. Meanwhile, oil prices are still almost 30% above the target price the US set...
by Michael E Dehn | Oct 3, 2023 | Banking and Finance, Breaking News, Censorship, consumer spending and sentiment, World economic impacts
https://digiday.com/marketing/the-dojs-antitrust-battle-with-google-underlines-big-techs-preference-for-secrecy-a-growing-bugbear-for-advertisers/
by Michael E Dehn | Oct 3, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment, World economic impacts
Spiking bond yields are stoking financial chaos – and the Fed will have to clean up the mess, JPMorgan strategist says (msn.com)
by Michael E Dehn | Oct 3, 2023 | Breaking News, consumer spending and sentiment, General interest, International insights, Latest News, Media, World economic impacts
France set to destroy enough wine to fill over 100 Olympic-sized swimming pools: ‘It’s going to cost the nation about $216 million’ (msn.com)
