Rick Ackerman
Rick Ackerman Articles
Can the Wall Street Journal‘s headline writers save America’s juiced-up economy from going bust? They are certainly trying. Check out their lede in Friday’s editions: The Fall in Home Prices May Already Be Over.
A handful of tech moguls already control the global flow of information, but their influence over our lives will only expand and deepen if Congress doesn’t do something soon to pry their greedy hands from the ultimate fruits of AI...
On July 12, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) for the 12 months ending in June came in at 3% inflation. This annualized inflation rate represents a drop from 9.1% in June of last year, which was...
Is Mr. Market about to deliver the coup de grace to bond bulls? It certainly appears that way. They’ve been getting schmeissed regularly since a frightening few days back in March 2020.
Last week’s commentary said the first big correction of 2023 had a ways to go, and that is still the case. If there were any doubts about this, Apple’s swan dive Thursday on punk Q2 earnings released after the close should have dispelled...
My ‘Chipotle indicator’ suggests that CMG, along with other high-fliers and the broad averages, could fall by at least 27% from recent highs before the bull market resumes later this summer.
Last week’s commentary predicted that rates on the Ten-Year Note, currently around 3.8%, will hit a minimum 5.5% before inflation lurches into reverse and the U.S. begins a hellish descent into a full-blown debt deflation. The following,...
Jim Grant, the financial world’s adult in the room, says the bear market in Treasury bonds could last for decades. Do the long-term charts support this dire prediction? The one reproduced above suggests that it’s at least possible that we...
Will the rich and powerful own everything when the global financial system collapses from too much debt? Supposedly, “they” have been plotting and preparing for this all along — even getting a new money system ready to make the takeover...
This promises to be the longest holiday ever celebrated in the U.S., eclipsing even the eight-day festival holidays that frequently pop up on the Jewish calendar. By the time you read this, the Independence Day celebration will be in its...
