John Rubino: Trump Eggs and Trump Water are Coming

Financial Survival Network, Released on 2/28/23

Stronger than expected jobs and inflation data will force the Fed to keep tightening for a while.Mortgage rates approaching 7% and home sales are collapsing. Prices normally follow sales down so housing is toast. Miami condo are potentially a danger spot in the hot Florida market.Recession is now a lock. Leading indicators way down, yield curve sharply inverted, money supply shrinking, credit card debt soaring. Not a single growth engine in sight.With 5% yields on short-term debt instruments and 2% yield on S&P stocks, why own stocks now?Many, many large bankruptcies are on the way. Carvana and Bed Bath and Beyond as well as numerous others.Gold and silver are down, but are still in danger if the economy tanks. 2008 all over again?Interesting uranium news. France is leading a coalition of European countries demanding that nuclear be counted as "green." That will increase demand for uranium.The contrast between Trump's and mayor Pete's East Palestine visits it pretty funny.Global inflation, brutal in the UK

John Rubino founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. His latest work can be found at https://rubino.substack.com.

gold, inflation, silver

John Rubino: Trump Eggs and Trump Water are Coming added by Herman James on 02/27/2023View all posts by Herman James ?+'

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