Tom Mazanec's Topic

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Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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Biden plots inflation fight with Fed chair as nation worries
By JOSH BOAK, CHRISTOPHER RUGABER and ZEKE MILLER
yesterday
https://apnews.com/article/biden-jerome ... 6f0f82176e

US Gasoline Surges to Fresh Record in Another Blow to Drivers
Jack Wittels
Mon, May 30, 2022, 6:49 AM·1 min read
https://finance.yahoo.com/news/us-gasol ... 47364.html

Eurozone inflation hits record 8.1% amid rising energy costs
By KELVIN CHAN
yesterday
https://apnews.com/article/russia-ukrai ... 2a6b9c0008

Oil Prices Rise As EU Leaders Agree On Partial Russian Crude Ban
By Irina Slav - May 31, 2022, 7:51 AM CDT
https://oilprice.com/Energy/Crude-Oil/O ... e-Ban.html

How The EU Plan To Ban Russian Oil Could Cause Stagflation
By Osama Rizvi - May 30, 2022, 5:00 PM CDT
https://oilprice.com/Energy/Energy-Gene ... ation.html

U.S. policymakers misjudged inflation threat until it was too late
Mike Madden, Rachel Siegel - Monday
https://www.msn.com/en-us/money/markets ... uxbndlbing

Biden plots inflation fight with Fed chair as nation worries
By JOSH BOAK, CHRISTOPHER RUGABER and ZEKE MILLER
yesterday
https://apnews.com/article/biden-jerome ... 6f0f82176e

25% of Americans are delaying retirement due to inflation, survey finds
PUBLISHED TUE, MAY 31 20221:49 PM EDTUPDATED TUE, MAY 31 20225:37 PM EDT
https://www.cnbc.com/2022/05/31/25perce ... ation.html

Where Are Oil Prices Headed?
By David Messler - May 31, 2022, 7:00 PM CDT
https://oilprice.com/Energy/Energy-Gene ... eaded.html

Oil Prices Continue To Climb As Supply Uncertainties Mount
By Josh Owens - May 31, 2022, 2:00 PM CDT
https://oilprice.com/Energy/Energy-Gene ... Mount.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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JPM Sees Oil Rising Up To $136 This Month Depending On What China Does, As Trader Bets Millions On Crude Explosion To $200
BY TYLER DURDEN
WEDNESDAY, JUN 01, 2022 - 03:08 PM
https://www.zerohedge.com/markets/jpm-s ... ions-crude

Looming Price-Hikes On Food Set To Hit Americans Even Harder This Fall
BY TYLER DURDEN
WEDNESDAY, JUN 01, 2022 - 04:20 PM
https://www.zerohedge.com/markets/loomi ... arder-fall

Yahoo FinanceYahoo Finance
'I am surprised': Airline ticket prices reach jarring levels
Brian Sozzi·Anchor, Editor-at-Large
Thu, June 2, 2022, 6:20 a.m.·2 min read
https://ca.finance.yahoo.com/news/airli ... 16602.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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Turkey’s inflation soars to 73%, a 23-year high, as food and energy costs skyrocket
PUBLISHED FRI, JUN 3 20226:07 AM EDTUPDATED FRI, JUN 3 20226:18 AM EDT
https://www.cnbc.com/2022/06/03/turkeys ... ocket.html

Gas prices surge again and hit new record highs as they get closer to $5 a gallon
Deb Kiner, pennlive.com - Wednesday
https://www.msn.com/en-us/travel/news/g ... ar-AAXXomA

It Will Probably Take A Recession To Tame Inflation
Bob Diamond, Larry Kantor
Published on June 3, 2022
https://www.worth.com/recession-tame-in ... -strength/

Charting the Global Economy: Inflation Hits a Record in Europe
ByVince Golle, Zoe Schneeweiss, and Molly Smith
June 4, 2022, 5:00 AM EDT
https://www.bloomberg.com/news/articles ... -in-europe

'Paying the price': Biden and top aides misread threat of inflation as warning signs gathered
Michael Collins
Joey Garrison
USA TODAY
https://www.usatoday.com/story/news/pol ... ?gnt-cfr=1
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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The US Economy Gets Weaker as Inflation Gets Stronger - Ep 817
35,590 viewsJun 8, 2022
https://www.youtube.com/watch?v=So5yk21GjMw
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

User avatar
Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

Post by Tom Mazanec »

MoM: 1.1023524%
YoY: 8.5815115%

European natural gas prices soar by almost 40% after fire at key US export terminal
https://markets.businessinsider.com/new ... ire-2022-6

Trafigura CEO Warns Of "Parabolic" Blowoff Top In Crude As Worst Of Energy Crisis Just Ahead
https://www.zerohedge.com/commodities/t ... just-ahead

Record UK Gasoline Prices See Biggest Daily Surge In 17 Years
https://oilprice.com/Latest-Energy-News ... Years.html

Why Inflation Is Hitting American Households Like Never Before
https://ca.finance.yahoo.com/news/why-i ... 19215.html

No, you’re not imagining it — package sizes are shrinking
https://apnews.com/article/india-prices ... a99b56b8cc

"The Summer Of Starvation": Soaring Fertilizer Prices Unleash Chaos, Hunger Worldwide
https://www.zerohedge.com/markets/soari ... -worldwide

Upward Pressure On Oil Prices Is Only Going To Increase
https://oilprice.com/Energy/Energy-Gene ... rease.html

This Global Crisis Will Cause Governments To Topple And Chaos To Ensue
https://kingworldnews.com/this-global-c ... -to-ensue/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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Red-Hot US Inflation Is No Longer An Outlier
https://www.zerohedge.com/economics/red ... er-outlier

Soaring CPI Crushes 'Peak Inflation' Narrative, Sparks Global Market Turmoil
https://www.zerohedge.com/markets/soari ... al-turmoil

Consumers changing eating, shopping habits as inflation pushes up prices
https://www.cnbc.com/2022/06/09/consume ... price.html

The CPI Much Hotter Than Expected Rises to New 40-Year High
https://mishtalk.com/economics/the-cpi- ... -year-high
Guess we did not hit "Peak Inflation" a few months ago like you said, John.
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

User avatar
Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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Peak Inflation Was Transitory - Ep 818
41,174 viewsJun 11, 2022
https://www.youtube.com/watch?v=WdaOkumbj5g

Ouch! Hot Inflation Melts Pilot Powell’s Feet to the Pedals
https://thegreatrecession.info/blog/ouc ... he-pedals/

Strong inflation, anxious consumers add up to more worries that recession has already arrived
PUBLISHED FRI, JUN 10 20221:29 PM EDTUPDATED SAT, JUN 11 202212:30 AM EDT
https://www.cnbc.com/2022/06/10/inflati ... -here.html

Rabobank: There Are Just Two Solutions To This Inflation Shock - One Is Extremely Painful, The Other One Is Worse
BY TYLER DURDEN
FRIDAY, JUN 10, 2022 - 10:31 AM
https://www.zerohedge.com/markets/rabob ... -one-worse

Transportation SHOCKWAVES reverberate as consumer demand plummets amid unyielding INFLATION
Friday, June 10, 2022 by: Mike Adams
https://www.naturalnews.com/2022-06-10- ... ation.html#

"Warning Flags Are Everywhere": Kenny Polcari On The ECB, Inflation And U.S. Stocks
"We've gone from 'transitory' to 'prolonged' inflation..."
Quoth the Raven
Jun 10
https://quoththeraven.substack.com/p/wa ... -kenny?s=w
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

User avatar
Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

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THE INFLATION MONSTER: It’s Much Worse than we Thought … but Wait until this Little Monster Grows Up!
https://thegreatrecession.info/blog/inf ... -grows-up/

EDIT:
Over Twenty Million Households Struggle to Pay Energy Bills, It Will Get Worse
https://mishtalk.com/economics/over-twe ... -get-worse

Wholesale prices rose 10.8% in May, near a record annual pace
https://www.cnbc.com/2022/06/14/wholesa ... -pace.html

U.S. airline bookings slipped again in May with fares 30% higher than 2019
https://www.cnbc.com/2022/06/14/us-airl ... -2019.html

Peak Inflation Is Hollow: It Provides No Context To Reduction in Speed or Duration of Cycle
https://www.thecarsonreport.com/post/pe ... n-of-cycle

Oil Prices Spike As OPEC Reveals Production Loss For May
https://oilprice.com/Energy/Crude-Oil/O ... r-May.html

Oil Climbs Back To Nearly $123 After China COVID Scare
https://oilprice.com/Latest-Energy-News ... Scare.html

The Harsh Reality of Energy TINA Strikes the US and Europe
https://mishtalk.com/economics/the-hars ... and-europe

Peak Inflation Was a Fairytale Just Like Transitory Inflation
https://schiffgold.com/commentaries/pea ... inflation/

MORE:
De-Globalization in Pictures: Expect More Inflation in Oil and Natural Gas
https://mishtalk.com/economics/de-globa ... atural-gas

Electricity cost rising 50% in much of Illinois and risk of brownouts looms – Wirepoints
https://wirepoints.org/electricity-cost ... irepoints/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

User avatar
Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

Post by Tom Mazanec »

"We're Barely Making It": Furious Farmer Goes Viral Explaining Why Food Prices "Are Going To Go Up"
https://www.zerohedge.com/economics/wer ... e-going-go

The loss of US refining capacity is helping drive record diesel prices — and it probably won’t improve anytime soon
https://www.freightwaves.com/news/as-di ... il-markets

ADDITIONS:
Markets and households lose faith that Fed can handle inflation
https://www.msn.com/en-us/money/markets ... uxbndlbing

'It is not going to be easy': Fed Chair Jerome Powell warns there will be MORE economic damage before inflation comes down from a 41-year-high 8% inflation as Republicans blame Biden's spending for forcing the biggest hike in interest rates since 1994
https://www.dailymail.co.uk/news/articl ... -down.html

Bank of England hikes rates for the fifth time in a row as inflation soars
https://www.cnbc.com/2022/06/16/bank-of ... soars.html

Inflation Hits 40 Year Record But There Is Also A Bigger Problem
https://kingworldnews.com/inflation-hit ... r-problem/

Goldman’s Currie Says Oil Markets Are Tighter Than Expected
https://ca.finance.yahoo.com/news/goldm ... 43216.html

Bank of England says inflation will hit 11% after raising interest rates to 13-year high – as it happened
https://www.theguardian.com/business/li ... iness-live

"They're Afraid Prices Will Skyrocket" U.S. Fears EU Tanker Insurance Ban
https://oilprice.com/Latest-Energy-News ... ancti.html

European NatGas Soars 70% In Week Amid Freeport Delays And Russian Cuts
https://www.zerohedge.com/commodities/e ... ssian-cuts
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

User avatar
Tom Mazanec
Posts: 4180
Joined: Sun Sep 21, 2008 12:13 pm

Re: Tom Mazanec's Topic

Post by Tom Mazanec »

Electricity Prices to Double – Triple Lutz Report #491
https://www.financialsurvivalnetwork.co ... eport-491/

Global Commodity Shock Is on Track for 1970s Level, Citi Says
https://www.bnnbloomberg.ca/global-comm ... -1.1778057

U.S. only days away until an ‘absolute explosion’ on inflation, says pollster Frank Luntz
https://www.cnbc.com/video/2022/06/17/u ... luntz.html

43% of homeowners have delayed home improvements and maintenance due to inflation. Here’s why that’s risky
https://www.cnbc.com/2022/06/17/homeown ... ation.html

Tesco shoppers buy fewer items amid ‘unprecedented’ cost of living squeeze
https://www.theguardian.com/business/20 ... -of-living

"We Are Teetering On The Edge": Food Shortage Worries Mount As PA Farms "Crushed" By Record Diesel Prices
https://www.zerohedge.com/markets/we-ar ... sel-prices

Cost to finance a new car hits a record $656 per month — and auto shoppers could pay even more with latest Fed rate hike
https://www.cnbc.com/2022/06/16/monthly ... -high.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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