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 | Former Goldman Sachs PhD: "Never returning to normal" | PhD Economist: “Don’t Bet on It”. According to former Goldman Sachs executive, Nomi Prins… Americans who are hoping for a ‘return to normal’ are going to be shocked when they see what happens next in America. She says, “If you’re betting your job, savings, or retirement accounts on a return to ‘normal’ you’re about to be left behind by a brand-new crisis few see coming.” …
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| | Fed’s Mester: more rate hikes ahead in ‘painful’ battle with inflation | June 2, 2022 | The Federal Reserve needs to raise rates by a half-of-a-percentage point at each of its next two meetings, and then assess if inflation has moderated enough to slow the pace of rate hikes or if it needs to jack them up further, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday ... Read more | | A coming crypto storm for central banks? Focus on digital money intensifies | June 2, 2022 | Digital money, a curiosity just a few years ago, is emerging as an intense concern among central banks with the potential to erode the power of monetary policy, and even in the best of worlds likely to make control of interest rates more difficult, according to new Federal Reserve and other research ... Read more | | Use Weakness in Lithium Stocks as an Opportunity | June 2, 2022 | Investors may want to use weakness in lithium stocks as an opportunity. Goldman Sachs just said it expects for lithium prices to fall about 10% this year. By next year, the firm believes lithium could fall about 73% ... Read more | | |
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