Markets In Turmoil

Remember in 1Q19 when Apple’s earnings came in a bit low and the Yen/NZ dollar pair blew out as a result? Remember in August 2015 when China surprised the world with a -3% yuan devaluation and ““markets”” across the globe were rattled? Well, it has happened again. Or Sign In […]

Daily Digest 8/3 – Families Go Deep in Debt to Stay Middle Class, What’s Happening To Greenland’s Ice?

Economy Families Go Deep in Debt to Stay in the Middle Class (Sparky1) The debt surge is partly by design, a byproduct of low borrowing costs the Federal Reserve engineered after the financial crisis to get the economy moving. It has reshaped both borrowers and lenders. Consumers increasingly need it, […]

The Full Farmland Model

Executive Summary Management overview of the fund’s business strategy Operations and latest results Financial performance and pro forma projections If you have not yet read Part 1: The Future Of Better Farming, available free to all readers, please click here to read it first. Farmland LP owns and operates two […]

The Future Of Better Farming

While it’s *soooo* tempting to write about the stomach-churning drop/spike/dive thrill ride the financial markets have embarked on after this week’s Federal Reserve rate cut, I will resist and instead direct your attention to a topic much more important to our future. Here at PeakProsperity.com, we’ve long warned about the […]

Daily Digest 8/2 – Good News Friday: NYC Jail Admissions Down 50%, Ethiopia Plants 350M Trees In 12 Hours

  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 NYC jail admissions down almost 50% since […]

Off The Cuff: Rate Cut!

In this week’s Off The Cuff podcast, Chris and Alex Merk discuss the recent Fed cut and Jerome Powell’s subsequent press conference. Markets have rocked both high and low in the 24 hours since. We’re working on providing a transcript for this excellent podcast. But we’re bringing you the audio […]

Daily Digest 8/1 – Cashing In On Donated Dead, Stock Buybacks Reaching Dangerous Levels

Economy Trump says he will seek U.S. trade accord with Brazil (Sparky1) “Brazil is a big trading partner. They charge us a lot of tariffs, but other than that we love the relationship,” Trump told reporters, citing what he called his great relationship with Brazil and praising Bolsonaro. Stock buybacks […]

Daily Digest 7/31 – Federal Borrowing Soars as Deficit Fear Fades, Markets Get Ready For The Great Unknown

Economy A Fed Reversal Will Store Up Trouble (Saxplayer00o1) Will the world’s currencies face a reckoning in 2019? This year gold has risen 10% against the U.S. dollar. Alternative currencies like bitcoin have risen about 160% against the dollar. All other major currencies have also fallen by similar magnitudes against […]

Off The Cuff: The Destruction Of Coherent Ideas

In this week’s Off The Cuff podcast, Chris and James Howard Kunstler discuss: The Shale Oil Booby-Trap Fake prosperity that will tank the markets when it ends Could The US Government Nationalize The Oil Industry? It very well could The Destruction Of Coherent Ideas To fail to plan is to […]

Daily Digest 7/30 – Fed Chief Signals Rate Cut Ahead, Is An Aging Population Actually Bad For The Economy?

Economy Stocks close higher, S&P 500 hits 3,000 for the first time as Fed chief signals rate cut ahead (TS) “Crosscurrents have reemerged,” Powell said. “Many FOMC participants saw that the case for a somewhat more accommodative monetary policy had strengthened. Since then, based on incoming data and other developments, […]

Daily Digest 7/29 – U.S. Dollar Declarations Show Currency Move Still in Play, Farmers Reckon With New Reality In Heartland

Economy Moscow Police Arrest More Than 1,300 at Election Protest (Sparky1) An independent monitoring group said more than 1,300 people were arrested near City Hall, the intended site of the rally, although many never made it there. As in past protests, the authorities began making arrests blocks away so a […]

Daily Digest 7/27 – Killer Heat Hits U.S. And Europe, Has F.I.R.E. Been Extinguished?

Economy China-US Trade War: Japan G20 Déjà vu? (newsbuoy) This past June 29, 2019 Trump and China president, Xi, met again at the G20 in Japan in the midst of a potential further escalating the trade war. Has anything changed as a result of their meeting? Or is it just […]

The Antidote To This Insanity

Executive Summary Our complex economy is poised for a forced, painful simplification The urgency to prepare for this inevitable Tipping Point The actions I’m taking right now in my own life to prepare for this If you have not yet read Part 1: Overdosing On Crazy Pills, available free to […]

Overdosing On Crazy Pills

Sometimes an otherwise-forgettable movie will be lifted up out of obscurity by the internet and made into a useful meme. In the movie Zoolander Will Ferrell’s character, ‘Jacobim Mugatu,’ screams the line “I feel like I’m taking crazy pills!” because it seems nobody else sees what he does. I have […]

Daily Digest 7/26 – Good News Friday: Automakers Strike Climate Deal With CA, Cannabis For Inflammation

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 Pennsylvania school lunch debt furor ends with an […]

Tali Sharot: Overcoming The Optimism Bias

Are humans wired to deal with the kinds of existential threats facing society today? This is not just an intellectually-interesting metaphysical question. The answer may well determine whether our species makes it to the next century or not. As PeakProsperity.com readers know well, humans’ relentless pursuit of ‘ever more’ growth […]

Daily Digest 7/25 – Goldminers Doomed By Their Toxic Trade, U.S. AG Says Encryption ‘Creates Security Risk’

Economy UBS CEO Warns of ‘Dangerous’ Bubbles Spurred by Central Banks (Thomas R.) For investors, the about-face has fueled an “everything rally” lifting both risk-on and risk-off assets. The Stoxx Europe 600 Index advanced 13% in the first half of the year, the best return in the six-month period since […]

Daily Digest 7/24 – A Decade Of Low Interest Rates Is Changing Everything, Has College Gotten Too Easy?

Economy Savings from Illinois pension buyback program fall far short of projections (Saxplayer00o1) The state’s unfunded pension liabilities total nearly $134 billion, the worst in the nation. Global growth forecast cut by IMF amid trade tensions (Saxplayer00o1) The report describes inflation as muted. That, together with the subdued growth means […]

Gold And Silver Are In A New Bull Market

What makes me want to call the new bull market for gold and silver right now? One of the things that I look for is a failure of the past criminality to work anymore. Which is why I keep a keen eye out for failures of bear raids in the […]

Daily Digest 7/23 – Tensions Rise In Strait Of Hormuz, Markets ‘Shouldn’t Be Concerned’ About Debt Ceiling

Economy China’s answer to the Nasdaq just had a crazy first day. Stocks gained 140% (Sparky1) The 25 stocks listed on Star had gained 140% on average by the time the market closed. Shares in Anji Microelectronics Technology, which makes materials for semiconductors, rocketed as much as 520% before trimming […]