White House officials currently plan to cancel $10,000 in student debt per borrower, limiting the forgiveness to Americans who earned less than $150,000 in the prior year, or less than $300,000 for married couples filing jointly, the report said. That would be in line with what was expected.

The Fed will not save the market this time The fractals, the repeating structures. The symmetry in time or space. History and the conclusions we draw from it. Mathematics in the price trend.

The numbers keep getting worse. The University of Michigan Consumer Survey showed a decline in May to 58.4 (100 is baseline). Soaring inflation is a likely culprit. But the truly horrible survey re…

The surge in “artificial inflation,” from the flood of liquidity against a supply shortage, will revert to a disinflationary trend. Debt and demographics will continue to drive deflationary pressures leading to a reversal of the inflation trade.