๐จSTAGFLATION HERE?
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Tue, 14 May @ 9:30am EST
Truflation Spaces takes on Fed contention of not seeing stag nor flation.
Ahead of BLS CPI print our killer panel will break it all down.
๐จGold Futures +19%
Truflation Gold Futures Index shows a nearly 20% gain in the last 6 months.
In recent days, the return of it as a hedge was heightened by jobless claims.
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The yield curve has now been inverted for +500 days
The last 3 times this happened was:
1. 2008
2. 1974
3. 1929
All ended with more than a 50% market crash
We expect a final rally before recessionary concerns takeover in H2 2024
Here's an embedded version of the Broken Money video.
-An analysis of the past, present, and future of money, and how technology impacts it over time.
-How the current disequilibrium (transactions way faster than settlements) creates centralized and corrupted money clusters:
๐จ Consumer Sentiment Slid 12.7%
University of Michigan Consumer Sentiment Index โretreated about 13% this May following three consecutive months of very little change. This 10 index-point decline is statistically significant and brings sentiment to its lowest reading in aboutโฆ
๐จCocoa Futures Up 104%
Truflation tracked cocoa prices over that last six months, finding a rise of 104.33%.
As the New York Times notes, โFor much of the past decade, the price of cocoa in one key global benchmark hovered around $2,500 per metric ton.โ
By the middle of lastโฆ