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Tag: supply chain crisis

America Needs Truckers

America has lost 1,544,700 trucking jobs on a seasonally adjusted basis. There are 30,000 less truckers on the road now compared to July 2023. Demand has not waned...

Powell Pessimistic After Q1

Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that...

Jerome Powell on Stagflation

“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be...

Why We Cannot Reach the Fed’s 2% Inflation Target

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on the...

Francis Scott Key Bridge Collapse – Black Swan Event

The Francis Scott Key Bridge in Baltimore collapsed on March 26, 2024, at 01:28 EDT after being struck by a cargo ship owned by Brawner Builders Inc. The ship named...

The Next Supply Chain Crisis?

The kids Obama attempted to bomb in Yemen all those years ago grew up fast. They’ve now formed surprisingly efficient militias who hate the West and have become...

Supply Chain Crisis and Inflation

COMMENT: Hello Mr. Armstrong. Thank you for my daily dose of reality. Your blog is one of the last sources of untainted news. I would like to show these pictures my...

Flu Drug Shortage

There is a shortage of commonly prescribed flu and viral medications in America. Flu season hasn’t even peaked for the year and there is simply not enough...

It’s Beginning to Look a Lot like a Recession – Supply Chain Issues Before Christmas

Retail relies on the holiday season for the bulk of its revenue. In fact, a quarter of all retail spending in the US occurs in the last two months of the year....

The Rhine Drought

The drought across Europe has caused substantial problems. In Germany, the Rhine has all but evaporated. Freights have been forced to reduce their loads across the...