Everybody Drink! | Metals Mine

  • Everybody Drink!

    From zerohedge.com

    Key data yesterday pointed directly to the tensions we should all have at back of mind. While the US Beige Book was, well, ‘beige’, China saw a trade surplus for 2025 of $1.2trn, the size of the Dutch economy, and up 20% y-o-y. If that pile grows at the same pace ahead then by 2030 it will be $3.0trn, around the size of the French economy. By 2035, it will be the German plus Italian economies. If you can’t see why isn’t sustainable, you’re in the wrong business. If you can’t plot out the ways this can be addressed, and the problems arising from doing so, the same holds true. On which, Politico reports ... (full story)

Comment Options
    •   Newer Stories
    Schmid: Inflation is too hot

    From @DeItaone|Jan 15, 2026

    SCHMID: INFLATION IS TOO HOT SCHMID: CUTTING RATES COULD WORSEN INFLATION WITHOUT HELPING EMPLOYMENT MUCH FED’S SCHMID SAYS INFLATION IS A TOP CONCERN FOR BUSINESSES, WITH DECEMBER CPI CONSISTENT WITH NEAR-3% INFLATION KC FED'S SCHMID/ECKC: WATCHING HOW ECONOMY EVOLVES BUT FOR NOW 'I SEE LITTLE REASON AT THIS POINT TO FURTHER LOWER THE POLICY RATE' #Schmid #FederalReserve #economy The Economic Outlook and Monetary Policy Thank you for the opportunity to speak with you today. Welcome to the Kansas City Fed. I know many of you have been here before, and it is nice to have you back. But to those who have not visited before, it’s great to have you in the building. One of the benefits of the Fed’s structure, with 12 regional banks spread across the country, is that it allows a level of interaction that would not be possible if all our operations were centralized in Washington. We are your Fed. You should have a connection with this institution, and I hope that being here today will make that connection more immediate and real. We are two weeks into 2026, and while I would like to keep my eyes on road ahead, I keep glancing back, a bit concerned that the developments of 2025 might not be done with us quite yet. Last year introduced a fair amount of uncertainty into the economic outlook—uncertainty that I don’t think has been resolved, including the effect of higher tariffs on prices and output as well as the potential outcomes of the tremendous surge in artificial intelligence investment on financial markets, productivity and employment. But before diving into the outlook, I would like to take a minute to look even further back. This year marks the 250th anniversary of the independence of our great nation, and we have a lot to celebrate. The United States has been a tremendous experiment in political representation, economic organization and freedom. We have a lot to be proud of.

    New Polymarket user's $40,000 bet on Iran strike ends in loss after no attack

    From tribuna.com|Jan 15, 2026|3 comments

    A new account on Polymarket placed a $40,000 bet that the US will strike Iran by the end of January 14, but no attack occurred, going against market expectations that the ...

    Fed’s Paulson Says Rate Cuts Can Wait, Shows Support For Powell – WSJ

    From @LiveSquawk|Jan 15, 2026|1 comment

    Fed’s Paulson Says Rate Cuts Can Wait, Shows Support For Powell – @WSJ Just in | Fed's Paulson: Labor Market Risks Slightly Outweigh Concerns of Persistent Inflation, WSJ Reports. Just in | Fed's Paulson Indicates Confidence in Maintaining Current Interest Rates at Upcoming Meeting. Just in | Fed's Paulson Indicates Neutral Rate Is Slightly Below Current Levels

  • Story Stats

  • Related Stories