Latest Insights on PENN

Retail inventory sales supply chain back on menu meme The “Stuff” Surplus Has Started; Like Taking Candy From Buybuy Baby
by Joseph Hargett June 30, 2022 Great Stuff
Did Somebody Say “Blue Light Special?” Great Ones, we’ve long talked up the average consumer’s willingness to overspend like no tomorrow. You might fancy yourself a thrifty shopper, but c’mon: Who doesn’t at least shell out for the good frozen pizza every once in a while? No? Call it a willingness, call it an active […]
investment opportunities to combat the Fed’s $8,000/Year “Mortgage Tax” The Fed’s $8,000/Year “Mortgage Tax” Inflation is caused by a mismatch between supply and demand. The Federal Reserve can’t increase the supply of goods and services. So, to control prices it must engineer “demand destruction.” That’s as nasty as it sounds. I’ve already explained how the Fed uses the “wealth effect” to make households with lots of stocks cut spending … and why that strategy won’t work with U.S. wealth concentrated in so few hands. I also explored how big changes in the U.S. and global economy since the 1970s will force the Fed to raise interest rates A LOT to bring inflation down. Today, we’re going to look at the impact of their demand destruction on U.S. households.
pennies produced before 1982 hare worth up to $0.03 200% Gains on EVERY Penny Headlines this weekend were dominated by news of Russia’s sovereign debt default. They’re saying it’s the first time Russia has failed to pay back foreign investors in over 100 years — since its government was overthrown by Communist revolutionaries. It’s a wild story, and it’s almost true...
Ignore crypto haters Ignore the Crypto Haters — Here’s What Ian King Thinks Check out what Ian King has to say about this week’s crypto action.
Future is green hydrogen power meme BP’s Hydrogen Hub, 456 Can Play This Squid Game & Great Stuff Gets Personal
by Joseph Hargett June 15, 2022 Great Stuff
Forget The Fed, We’re Talking Hydrogen! Great Ones, I’m tired of all the economic data, inflation and Fed talk. So today we’re going to skip over the latest producer price index data, May retail sales and whatever it is the Fed is doing today. (Spoiler: It’s raising interest rates again. Surprise, surprise!) Instead, we’re going […]

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