Daily Digest 10/15 – Kurdish Forces Strike Deal With Assad, Is Amazon Unstoppable?

Economy Kurdish forces backed by US strike deal with Syria’s Assad, in major shift in 8-year war (TS) In discontinuing that approach, the Trump administration has effectively ceded influence in northern Syria to Assad and his allies and raised the specter of a resurgent ISIS. Over recent days, Kurdish authorities […]

Daily Digest 10/14 – Finding Meaning in Quantitative Easing, Melting Ice Redraws the World Map

  Economy Beware of Funny Financials (Adam) Companies can understate expenses. Many tech companies use non-GAAP accounting to strip out the cost of employee stock options, for instance, thereby showing higher earnings. WeWork sought to redefine traditional earnings before interest, tax, depreciation and amortization as something called “community-based EBITDA.” The […]

Charles Hugh Smith: Will You Be Richer or Poorer?

Prolific and exceptionally perceptive author Charles Hugh Smith returns to discuss the insights in his just-launched book Will You Be Richer Or Poorer? Profit, Power & AI in a Traumatized World (the first chapter of which can be read for free here) The current narrative that our standard of living […]

Daily Digest 10/12 – The Unstoppable Allure of Private Assets, How Low Will U.S. Births Go?

Economy Timing of Trump’s Syria decision raises questions (Sparky1) CNN’s Jake Tapper examines President Donald Trump’s relationship with Turkey amid his decision to pull US troops from northern Syria. Israelis see Trump’s Syria pullout as a betrayal that could help unravel the region (tmn) Other than expressing support for the […]

Did Everything Just Change?

It’s hard to imagine a more euphoric end to the week for bulls. Two weeks ago I issued a report titled Realistically, What’s Left To Power Asset Prices Higher? which claimed the bulls only hope was for a near-term resumption of QE (quantitative easing, aka “money printing”) or a China […]

Daily Digest 10/11 – Good News Friday: Turning Waste Into Energy, Unilever To Reduce Plastic Packaging Use By 2025

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy McConnell, Decried As ‘Moscow Mitch,’ Approves Election Security […]

Daily Digest 10/10 – Turkey launches airstrikes on northern Syria, Californians Fume Over Power Outages

Economy Turkey launches airstrikes on northern Syria after Trump pulls back U.S. troops (Thomas R.) “This morning, Turkey, a NATO member, invaded Syria,” Mr. Trump said. “The United States does not endorse this attack and has made it clear to Turkey that this operation is a bad idea. There are […]

Daily Digest 10/9 – Biggest Stock Market Bubble In History Set To Crash, Want To Know What Climate Change Feels Like? Ask an Alaskan

Economy Harry Dent: Biggest Stock Market Bubble In History Set To Crash (Herman J.) Harry Dent joined Carlos & Lisa to discuss his latest book, Zero Hour. Watch now to find out when is an economic downturn going to happen & why it’s almost guaranteed in the short term…and what […]

(BONUS) Off The Cuff: A Crisis Of National Identity

In this week’s Off The Cuff podcast, Chris and Charles Hugh Smith discuss: Epstein as a case study Having departed so far from our values, what is our national identity now? Our political, judicial, media, education and financial systems are captive to special interests Where do we go from here? […]

Daily Digest 10/8 – Recession Fears Rising, HSBC Plans To Axe 10,000 Jobs

Economy Recession Fears Are Rising, With Surveys Showing Optimism At New Lows (Thomas R.) Even most of the ultra-wealthy are preparing for a recession in 2020, according to a recent UBS survey. Over half of family offices expect a downturn in the next year, results showed, with 45% already shifting […]

Daily Digest 10/7 – Trump Orders Cut to National Security Staff, The Fight To Save The Giant Sequoia

Economy Amid Trade War, Farmers Lean on a New Crop: Hemp (TS) In December 2018, the federal farm bill removed a ban that classified hemp as a controlled substance equivalent to heroin. The shift coincided with the sudden popularity of CBD, which some claim can soothe ailments from depression to […]

Daily Digest 10/5 – U.S. Trade Deficit Grows By Nearly $1B, Oil Discoveries Hit 70-Year Low

Economy U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months (Adam) The combination of forces has pushed down the median estimate for private payrolls to a gain of just 130,000 last month. That’s the weakest projection heading into a jobs report in seven years, outside of months affected by […]

Reality Shock

Executive Summary Urgency is needed, as society’s alarm bells aren’t working The most important charts of all Recent learnings on resilience relocation When a culture becomes desperate, it reacts desperately. No one wins. If you have not yet read Part 1: Getting Real About Green Energy, available free to all […]

Getting Real About Green Energy

I want to be optimistic about the future. I really do. But there’s virtually no chance of the world transitioning gently to an alternative energy-powered future. These Are The ‘Good Old Days’ I’m often asked where I stand on wind, solar and other alternative energy sources. My answer is: I […]

Daily Digest 10/4 – Good News Friday: Hazelnuts Improve Adults’ Micronutrient Levels, Solar Is Back

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy College-student voting rate doubled in 2018, analysis says […]

Daily Digest 10/3 – Negative Interest Rates Inflating Real Estate Prices, More Buckets Of Icy Cold Energy Reality

Economy Negative interest rates are inflating real estate prices. These cities are at risk of a bubble (Thomas R.) The greatest risk of a real estate bubble currently exists in the southern German city of Munich, according to a new report by analysts at Swiss bank UBS. Amsterdam is not […]

Marjory Wildcraft: Growing Your Own Groceries

We all intuitively know that it’s important to have access to locally grown food, especially if it’s grown organically. It gives us calorie resilience in case our standard thousand-mile supply chains become disrupted. It’s more nutrient-rich and healthier for us. It tastes (much) better. Growing it increases our connection to […]

Daily Digest 10/2 – Student Loan Debt Soars, There Is Good Reason to Fear the Repo

  Economy Student loan debt soars, totaling $1.6 trillion in 2019 (Saxplayer00o1) Video Developed central banks expected to see biggest ‘synchronised easing’ since 2000 (Saxplayer00o1) Slower global growth is pushing central banks to ease policy across the world Australia central bank governor tells banks ‘don’t be scared to make loans’ […]

Daily Digest 10/1 – The Medical Deserts Of Rural America, Consumer Instant Gratification Can Prove Risky

Economy China Flexes Muscles In Parade Marking 70 Years Of Communist Rule (Thomas R.) “There is no force that can shape the foundation of this great nation and no force that can stop the Chinese people and the Chinese nation from getting ahead,” Xi Jinping, China’s top leader and party […]

Off The Cuff: Economic Crosscurrents

In this week’s Off The Cuff podcast, Chris and Axel Merk discuss: The latest developments in the repo market Why the Fed should do less, not more The concern of an overheating economy The Saudi strike showed the world is much less safe than we all thought Axel explains how […]