Daily Digest 8/13 – NYC Retail Chains and Small Businesses Struggling, Inequity At The Boiling Point

Economy Postmaster General Touts Postal Service Overhaul But Promises On-Time Election Mail (TS) DeJoy confirmed news reports that part of that transformation will involve cutting back on overtime costs and “running our operations on time and on schedule.” Many Americans on both sides of the aisle worry that the cuts […]

Joel Salatin: Better Food = A Better Future

Since covid-19 first emerged, one of our continued recommendations has been to “start a garden”. The pandemic has exposed the fragility of our food supply chains, as well as the shortcomings of our global and national health authorities. So having more self-sufficiency when it comes to calories, as well as […]

Do Kids Spread Covid-19?

With millions of students poised to return to school, stressed parents are wondering: How worried should I be about my kid catching covid-19 at school? Well, we’re beginning to understand the risks. First the good news: children under 10 do indeed appear to transmit the virus to others much less […]

Daily Digest 8/12 – What Economists Fear Will Happen Without More Unemployment Aid, WA Stockpiles Food For Anticipated Need

Economy What Economists Fear Will Happen Without More Unemployment Aid (tmn) According to the latest installment of our regular survey of quantitative macroeconomic economists, conducted in partnership with the Initiative on Global Markets at the University of Chicago Booth School of Business, the 32 economists in our survey collectively thought […]

Daily Digest 8/11 – 30-40 Million Americans At Risk Of Eviction, Is Coronavirus the End of U.S. Passport Privilege?

Economy The COVID-19 Eviction Crisis: An Estimated 30-40 Million People in America are at Risk (Sparky1) Throughout the COVID-19 pandemic, researchers, academics and advocates have conducted continuous analysis of the effect of the public health crisis and economic depression on renters and the housing market. Multiple studies have quantified the […]

Off The Cuff: Is The Crack-Up Boom Here?

In this week’s Off The Cuff podcast, Chris and John Rubino discuss: It looks a lot like the start of a crack-up boom Will the markets ever fall again? History shows our current path ends badly, and in a destroyed currency How can investors protect their wealth in such a […]

Daily Digest 8/10 – Americans Lining Up At Food Banks, Small Farmers Left Behind In COVID-19 Relief Package

Economy Canada to impose $3.6B in tariffs in response to Trump’s move against Canadian aluminum (edelinski) A disproportionate number of the more than five dozen items on Canada’s potential hit-list are from key U.S. election swing states, including paint dyes and aluminum waste, for which Michigan is a top exporter […]

Daily Digest 8/8 – NY Sues To Break Up NRA, Inside The ‘Culture Of Violence’ At LAPD SWAT

Economy A Monthly Peek into Americans’ Credit During the COVID-19 Pandemic (edelinski) A moratorium on foreclosures was provided as part of the CARES Act. Foreclosures—which were at historic lows before the pandemic hit, have stopped almost entirely, and we simply are not seeing new foreclosures on consumer credit reports (those […]

It’s Time To Position For The Endgame

Do you sense an approaching endgame? Like there’s another heavy shoe to drop? Perhaps an entire closet’s worth? Certainly there’s entirely too much confusion surrounding SARS-CoV-2 and how to deal with it. Should we go back into lockdown?  Are there best practices our hospitals should be standardizing around when treading […]

Is High Inflation Now A Bigger Danger Than A Deflationary Crash?

Executive Summary Revisiting the Ka-POOM! Theory. Do recent development alter its predicted outcome? Decision-making in an era of increasingly untrustworthy reported data The Everything Bubble is now in full melt-up. Poised for a crash, or the start of a new era? Positioning for the Endgame If you have not yet […]

Market Update: Melt-Up In…Everything!

Well, folks: we’re officially in a price melt-up in nearly all asset classes. Stocks (especially Big Tech), bonds, gold, silver, bitcoin — all are racing higher. And that’s happening on top of an already massive run-up from the March lows. If you’re looking for a fundamentals-based rationale behind the melt-up […]

Best Practices For Preventing & Treating Covid-19

Given all that we know after our months of intensively tracking the coronavirus pandemic, what are the best ways to prevent & treat it? 1) Everyone should invest in boosting the “terrain” of their own body’s health. Boost your intake of Vitamins D & C, eat healthy, get plenty of […]

Daily Digest 8/7 – Good News Friday: Workers Idled by the Virus Try New Careers, Houston Beyond Fossil Fuels

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 ‘It’s Time for a Change’: Workers Idled by […]

Daily Digest 8/6 – Investors Fret About Dollar Reserve Status, 1.2M Filed For Unemployment For The First Time Last Week

Economy As dollar slides, some investors fret about its status as world’s reserve currency (Sparky1) These factors are already weighing on the dollar =USD, which stands 9% below its high of the year and notched its worst monthly performance in a decade in July. Changes that may affect the dollar’s […]

Daily Digest 8/5 – Rising Grocery Prices Stretch Unemployed Budgets Even More, What Is Our End Goal With Coronavirus?

Economy Plan to shorten census deadline sounds alarm for disadvantaged Americans (000) The shortened deadline will also curtail a critical census operation called non-response follow-up. Photograph: Matt Rourke/AP The Census Bureau will end its efforts to count every living person in the US a month earlier than expected, a move […]

Daily Digest 8/4 – Fighting The Coronavirus Across America, How to Evaluate Pandemic News without Freaking Out

Economy Lebanon foreign minister resigns, warning ‘the ship will sink’ amid financial crisis (Sparky1) An entrenched political elite has pillaged nearly every sector of the economy. The system has been sustained by Lebanese banks offering high interest rates even as the country accumulated alarming levels of debt, which experts likened […]

Daily Digest 8/3 – Gold Rush As Pandemic Roils India’s Economy, Coronavirus Creeps In As A School Reopens

Economy 1 in 6 Americans could go hungry amid Covid-19 crisis (Sparky1) Food insecurity is estimated to surge this year as many Americans — particularly communities of color in urban areas — struggle with unemployment due the worsening pandemic. Ten bucks left, no place to go: How the pandemic and […]

Daily Digest 8/1 – The Great Climate Migration, One Billionaire vs. the Mail

Economy Hong Kong postpones elections for a year ‘over virus concerns’ (SillyTheEnemy) Hong Kong, a former British colony, was handed back to China in 1997 under an agreement meant to guarantee a high degree of autonomy for 50 years. Pro-democracy candidates had made unprecedented gains in last year’s district council […]

Daily Digest 7/31 – Good News Friday: A Blue New Deal For The Ocean, Three Steps To Consider For A More Pre-Pandemic Normal

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 Hedonism Leads To Happiness (tmn) They found that […]

Daily Digest 7/30 – U.S. Coronavirus Death Toll Reaches 150,000, China’s Repression of the Uighurs, Explained

Economy Donald Trump suggests delay to 2020 US presidential election (Sparky1) Under the US constitution, Mr Trump does not have the authority to postpone the election himself. Any delay would have to be approved by Congress. The president does not have direct power over the two houses of Congress. In […]