Daily State of Money Flash

Submitted by Chris Ducret on Tue, 04/28/2020 - 22:48

Your Daily Money flash covering Interest Rates, Interbank rates, Repo Rate and 1 Year WJS LIBOR.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         0.89                                                    

Repo Rate (%):                                                         0.12                                                    

WSJ 1 Year LIBOR (%): 0.92513

Daily State of Money Flash

Submitted by Chris Ducret on Tue, 04/28/2020 - 01:48

Your Daily Money flash covering Interest Rates, Interbank rates, Repo Rate and 1 Year WJS LIBOR.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         0.89                                                    

Repo Rate (%):                                                         0.12                                                    

WSJ 1 Year LIBOR (%): 0.93950

An Egregious Statistical Horror Story

Submitted by Chris Ducret on Sun, 04/26/2020 - 00:54

Authored by George Gilder via The American Institute for Economic Research,

With the latest reports of plummeting death rates from all causes, this crisis is over. The pandemic of doom erupted as a panic of pols and is now a comedy of Mash-minded med admins and stooges, covering their ifs, ands, and butts with ever more morbid and distorted statistics.

Daily State of Money Flash

Submitted by Chris Ducret on Fri, 04/24/2020 - 23:06

Your Daily Money flash covering Interest Rates, Interbank rates, Repo Rate and 1 Year WJS LIBOR.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.02                                                    

Repo Rate (%):                                                         0.09                                                    

WSJ 1 Year LIBOR (%): 0.97038

Hickey: "This Is A Perfect Environment For Gold"

Submitted by Chris Ducret on Fri, 04/24/2020 - 18:59

Authored by Christoph Gisiger via TheMarket.ch,

Fred Hickey, editor of the investment newsletter «The High-Tech Strategist», warns that the stock market is still in a bubble. The veteran investor says why he avoids red hot technology stocks like Amazon and instead bets his money on gold mining companies.

Here's Why The Economy Won't Recover (And No, It's Not COVID-19 Or The Lockdown)

Submitted by Chris Ducret on Fri, 04/24/2020 - 01:58

Authored by Charles Hugh Smith via OfTwoMinds blog,

When reality and truth become the sworn enemies of society's political and economic elites, the society is well and truly doomed.

The risks of Covid-19 and the lockdown have been explored across a wide spectrum of opinion. To hit just a few of too many to count:

-- Permanent loss of civil liberties under the guise of "pandemic controls."