BIBL News and Press, Inspire 100 From 03/15/21

U.S. and global equities markets are historic speculative bubbles, fueled by runaway monetary inflation and acute monetary disorder. It's my opinion that markets in U.S. stocks, cryptocurrencies, corporate credit and derivatives have evolved into full-fledged manias. The Fed's Z.1 "fl...

The bond market seems determined to make this an interesting FOMC policy decision. Treasury yields have been surging after the Biden administration passed the $1.9 trillion COVID relief bill and set a May 1st goal of getting vaccines to all adults. The taper tantrum might get pric...

The preliminary March results from the University of Michigan Surveys of Consumers show overall consumer sentiment rose in early March, hitting the highest level in a year. Ongoing distribution of vaccines as well as expectations for stimulus were the primary drivers. Continued ea...

10-year U.S. Treasury yield. Where is it headed? Will high-flying tech and momentum stocks fly high again? Is this a short-lived sector rotation from tech into value? For further details see: The Great Tech Rotation. Will High-Flying Tech Fly High Again?

Although with the exception of one month there have been job gains every month starting last May, at the pace of the last few months it would take 2 years or more just to get back to the level of employment just before the pandemic struck. In both 2001 and 2008, hours were cut more th...

Despite the pandemic and the resulting lockdowns, business closures and, at its worst point, the loss of more than 20 million jobs, the US household balance sheet improved massively through 2020. US household net worth increased $12.6 trillion last year as unprecedented fiscal and mon...

Senate Republicans are pushing for a number of changes, but ultimately a $1.9 trillion stimulus bill looks likely to pass. We expect two quarters of blockbuster economic growth as pent-up consumer demand is unleashed. An infrastructure/climate bill will be more challenging for the...

Texas Governor Greg Abbott lifting the mask mandate on Tuesday is good news and will help to stimulate new job growth in the upcoming months. Mississippi Governor Tate Reeves announced similar moves. The other exciting thing that briefly boosted financial markets early last week was t...

A year and a pandemic after the U.S.-China Phase 1 trade deal was signed, the trailing 12-month average of the combined value of goods traded between them is back to its November 2019 level. The pandemic has cost the U.S. and China the equivalent of 9 and a half months' worth of lost ...

VanEck CEO Jan van Eck's latest investment outlook explores the recent bitcoin rally and the underlying trends supporting it. He discusses what economic growth looks like in 2021 after the worst year for the economy since World War II. He also discusses the impact of higher intere...