Investing Pioneer – 5:17 PM EST – 12/14/2022 The Federal Reserve commenced its FOMC meeting today. Fed chairman Powell spoke at 2:30 PM EST, discussing the path forward. The day also saw the announcement of the 50 basis point rate hike, a consensus leading up to the meeting that was shared by 100% (85/85) of …
Industry oil barrels – Shutterstock Investing Pioneer – 8:40 PM EST – 12/13/2022 On December 9th, for the first time since November 2020, the 1-year WTI (West Texas Intermediate) Crude oil futures spread flipped to contango, meaning there is a price premium for further dated futures contracts (in part an inherent byproduct of making up …
Sovereign debt, the lifeblood of nations throughout history, must not exceed the country’s ability to service and repay it. Often in the form of bonds, investors and nations provide currency to the government in exchange for bond certificates ensuring repayment plus interest. During times of crisis or need, bonds can be crucial for ensuring …
Sovereign Debt: History and Consequences of Excessive Debt Read More »
Investing Pioneer – 11:01 PM EST – 12/8/2022 Cryptocurrencies – digital currencies meant to be an alternative to currencies decreed by governments or central planners – have experienced some of the highest concentration of speculative rallies and crashes in the past decade, mostly since 2016 or so. For speculative rallies in financial markets to occur …
The Fall of Crypto: A Silver Lining for Precious Metals Read More »
Investing Pioneer – 1:45 PM EST – 12/8/2022 Revolving credit, or credit card use, has been growing in the US economy. While economists say it is not a direct threat to the financial system, it can serve as a litmus test for debt risks. High levels of revolving credit can be a red flag for …
Investing Pioneer – November 30, 2022 Inflation in Germany is still going strong. The German food CPI jumped to 21% (YoY) for November, making it the highest food price inflation reading yet. Looking at other major European countries, Spain and Italy’s reading is 16% and 14% respectively. Markedly lower, though still high. Despite this, the …
German food inflation marches higher – jumping to 21% (YoY) for the month of November Read More »
United States Federal Reserve Bank building on Constitution Avenue. WASHINGTON, DC USA https://www.shutterstock.com/g/doganmesut Investing Pioneer – 4:21 PM EST – 11/28/2022 Despite comments from Fed officials indicating continued tightening is likely necessary, and will be pursued to bring inflation down, equity markets have rallied significantly since the start of October. For example, the SPY ETF …
Investing Pioneer – November 21st – 3:45 PM EST OPEC+ continues a proactive approach to bolster or maintain higher oil prices in the context of a heralded certain recession. Today, November 21st, the Energy Minister of Saudi Arabia, Prince Abdulaziz bin Salman Al-Saud, denied a recent report claiming Saudi Arabia was discussing with other …
Disclaimer: This is not financial advice and should not be construed as such. If you require personalized financial advice, please seek the services of a relevant professional. Investing Pioneer – 6:55 PM EST – 11/17/2022 Preface Major conflicts are an ultimate catalyst and contributor to the unpredictability of economies. At Investing Pioneer (www.investingpioneer.com), when potential …
Investing Pioneer – 4:16 EST – 11/16/2022 You might be wondering why. Why must “the bubble” pop? (If there even is one.) Why must a recession start? Fair questions. There is one great, yet simple answer: too much debt. The opposite side of debt is credit. Indeed, standard economics apply. You’ve probably heard about, or …
The World is Headed For a Recession. Here’s Why it Could be Severe. Read More »
By Investing Pioneer October 24, 2022 – Investing Pioneer – 3:18 PM EDT The talk of the town these past few days has been the Japanese Yen. In short, it’s plummeting. In response, on September 22nd, the BOJ intervened to support their currency. By now, it seems like they’re doing it every other day. Google …
No, It’s Not the Speculators Fault: BOJ Comment Draws Parallel to Nixon Shock Era Read More »
October 13 – 12:50 AM EDT “The problem with fiat money is that it rewards the minority that can handle money, but fools those who have worked and saved money”. – Adam Smith Markets are in a panic. Rates are skyrocketing. Bank of England’s Bailey is giving a three-day deadline to UK Pension funds to …
What the Bank of England is Doing: Are UK Pensions Doomed? Read More »
Investing pioneer 2023