Infranomics

The Treasury auctioned $22 billion of 30‑year bonds, clearing at 4.825% with a 0.8‑basis‑point stop‑through, a 2.4‑to‑1 bid‑to‑cover ratio and strong foreign demand, indicating lower borrowing costs despite recent DOJ scrutiny of Jerome Powell and a flattening yield curve. Meanwhile, initial jobless claims fell to a near‑record low of 198,000 and silver surged past $91 an ounce, with the Shanghai premium spiking to $12‑$13 per ounce, highlighting bullish momentum driven by industrial and possibly strategic demand.

The video breaks down today’s market turbulence, noting a sharp drop in the S&P 500 and Nasdaq, a spike in the VIX, higher‑than‑expected PPI, modest retail‑sales growth (but flat real sales), falling yen, soaring oil, and record highs in gold and silver. It also explains how geopolitical tensions, a potential Bank of Japan rate hike, and a sector rotation from mega‑tech to cyclical and commodity stocks are driving Bitcoin’s 10% YTD gain and broader market shifts.

The latest CPI report showed headline inflation holding at 2.7 % and core at 2.6 %, with the bulk of price pressure coming from services such as shelter, recreation and medical care, while falling energy costs barely offset rising electricity, natural‑gas and oil prices that could push inflation higher as commodity prices rebound. The data nudged the S&P 500 down, lifted gold and the dollar‑yen pair, left Treasury yields flat but at their widest spread over the Fed Funds rate since 2022, and markets are now expecting the Fed to hold rates rather than cut, signaling that further inflation spikes remain a real risk.

The video breaks down the $260 billion Treasury auction that launched just after Trump launched an aggressive attack on Fed Chair Jerome Powell and a DOJ criminal probe, detailing how the Fed “printed” roughly $33 billion to purchase a mix of three‑month bills, six‑month bills, three‑year notes, and ten‑year bonds. It then examines the strong demand across the auctions, the Fed’s shift toward short‑term QE, and the resulting market reaction—an S&P 500 rebound, record gains in gold and silver, and a weakening dollar index—while warning of the emerging fiscal‑dominance environment.

The video breaks down Venezuela’s economic devastation—hyperinflation that sent a loaf of bread into the millions, a 70 % plunge in GDP, soaring unemployment, collapsing oil output, dwindling foreign‑exchange and gold reserves, and a massive migration crisis—while walking through key indicators such as inflation, trade balances, budget deficits and money‑supply growth. It then shows that, even amid this collapse, the Caracas stock exchange has posted an extraordinary gain of about 230 % in US‑dollar terms since 2022, making it arguably the best‑performing market worldwide.

okay.The video breaks down how rapidly rising labor productivity and massive AI investment are outpacing wage growth, stock‑market gains, and government debt, driving an ever‑widening wealth and income divide in the United States. It warns that this imbalance—where the top 1 % capture most equity gains while average workers see flat real wages—could reach a breaking point that few are currently discussing.

.The latest BLS non‑farm payroll report reveals a collapsing labor market, with the economy adding only about 333 jobs per month over the past three months, a plunging labor‑force participation rate, youth unemployment soaring above 15 % and virtually all job growth going to foreign‑born workers while native‑born Americans saw losses. At the same time, soaring productivity and unprecedented AI capital spending are driving corporate profits and the capital class’s share of GDP sharply upward while real wages and labor’s share of income stagnate, pointing to deepening inequality and an accelerating economic crisis.

The latest BEA figures show the U.S. trade deficit shrinking to a 16‑year low, October imports falling 3 % to $331 billion while exports rose 3 % to $32 billion, narrowing the monthly gap to about $29 billion. This reversal threatens the $60 trillion dollar‑carry trade that underpins the dollar’s reserve‑currency role, hinting at a broader global monetary reordering and a potential end to the United States’ long‑standing status as the world’s primary safe‑haven asset.

U.S. job openings have plunged to the second‑lowest level in five years, down almost one million from last year, as the latest JOLTS report revealed a sharp sector‑wide decline and a historic mismatch between openings and unemployed workers. While private‑sector payroll growth stays weak, modest gains in wage growth for job‑changers, rising quits in hospitality, and a surprisingly upbeat ISM services employment index offer limited bright spots amid concerns about AI‑driven job losses.

.The video breaks down today’s $163 billion short‑term U.S. Treasury auction, the surge in Japanese bond yields to multi‑decade highs, and tightening liquidity in the repo market as SOFR spikes above the Fed’s upper bound, while also analyzing the market reaction to the first day of trading after U.S. military action in Venezuela, including rising oil, gold and crypto prices and a weakening dollar. It further explains how higher Japanese yields could trigger capital repatriation, putting upward pressure on U.S. Treasury yields, and why demand for short‑dated Treasury bills remains strong despite the expanding Fed balance sheet.

The video compares the 2003 Iraq invasion to today’s Venezuela situation—highlighting similar oil‑rich authoritarian regimes, Fed rate‑cut cycles, fiscal deficits, and a pre‑event weakening dollar—to argue that a major dollar decline could be on the horizon. It then breaks down bond yields, oil and gold price trends, and stock market performance to illustrate how these historical parallels may foreshadow future currency and market dynamics.

The video explains how, after the December‑31 quarter‑end, banks tapped an unprecedented $23 billion from the Federal Reserve’s standing repo facility—$20 billion of it in the normally quiet afternoon window—while reverse‑repo balances collapsed, signalling acute liquidity stress. It links the surge to widening SOFR spreads, ongoing quantitative tightening that slashed bank reserves, and a simultaneous breakout in long‑term Treasury yields, highlighting the re‑emergence of repo market strain.

The video breaks down why long‑term U.S. Treasury yields are surging even as shutdown odds fall, tying the climb to a rising Google‑trends buzz around a nationwide tax strike. It then uses simple math to show how a 10‑20 % tax‑non‑payment scenario could slash revenue, expand the deficit, flood the market with nearly $1 trillion in new bonds, spark a debt‑doom loop of higher yields and inflation, and potentially “margin‑call” the U.S. government.

.The video examines the recent surge in the Federal Reserve’s reverse‑repo facility to about $106 billion, explaining how reverse repos and the standing repo facility operate and why banks are parking cash at the Fed. It argues that the positive spread between reverse‑repo and standing‑repo balances indicates ample liquidity—not an imminent banking collapse—and discusses the Fed’s balance‑sheet actions, money‑printing, and their effects on markets such as the S&P 500 and Bitcoin.

In this video, we explore the recent surge in bank requests for liquidity through the Fed's Standing Repo Facility, reaching a record $75 billion amidst a year-end liquidity crunch. The discussion delves into the implications of this unprecedented demand, the role of banks in securing short-term loans, and the broader impacts on the US financial system as it navigates these challenging conditions.

In this video, we explore the potential for a crash in the US housing market by uncovering lesser-known driving forces that could influence home prices, including economic changes, mortgage rates, and foreign investment. With insights and data that challenge mainstream predictions, we analyze whether prices might actually appreciate rather than plummet, making this an essential watch for anyone interested in real estate trends.

In this video, we explore the recent surge in the Federal Reserve's standing repo facility, which has witnessed over $40 billion in liquidity tapped, raising concerns about potential issues in the banking system. We also delve into the implications of rising SOFR rates and investigate rumors surrounding the failure of a systemically important bank, ultimately attributing the volatility to a combination of end-of-year liquidity concerns and market dynamics.

In this video, we explore the impending $1.1 trillion squeeze on the private sector resulting from reductions in government deficits and narrowing trade gaps. Through historical examples and accounting analysis, we illustrate how these financial shifts will impact private sector savings and investment dynamics, emphasizing the necessity of balance within the economic system.

In this video, we explore the surprising reduction in the fiscal deficit and its potential implications, including the threat of an incoming stock market bubble and a looming recession. We delve into how improved fiscal conditions, coupled with a shrinking trade deficit, could lead to significant economic shifts that may impact the middle class and the future of the dollar as a reserve currency.

In this video, we delve into the recent turmoil in the silver market, where prices have skyrocketed to over $75 per ounce, highlighting significant global dislocations and a staggering $258 billion price shift in just one day. As silver continues to outperform other commodities amidst concerns around supply and demand, we explore the implications of currency debasement and geopolitical shifts driving this unprecedented volatility.

In this video, the implications of a $70 billion 5-year bond auction are discussed amidst a market melt-up, highlighting a significant drop in demand for US Treasuries and contrasting it with rising asset prices in commodities like silver and gold. The analysis emphasizes the weakening dollar and stresses the importance of adjusting financial metrics for inflation to fully understand market dynamics and asset valuations.

In this video, we dive into the latest GDP figures, revealing a surprising growth rate of 4.3%, while simultaneously exploring concerns about the authenticity of this economic expansion amidst plummeting consumer sentiment. With discussions on the influence of AI spending on GDP and the real economic struggles facing everyday Americans, we examine what these trends mean for the future of the U.S. economy.

In this eye-opening video, we explore Mike Green's thought-provoking research on how a series of policy blunders have contributed to the decline of the middle class in America, creating an environment where wealth disproportionately accumulates among the elite. By analyzing historical data and economic trends, the video reveals the consequences of these decisions and suggests pathways to revive the pursuit of opportunity and innovation for the average citizen.

In this video, the alarming trend of foreigners dumping $61 billion in US Treasury bonds is explored, raising questions about the dollar's status as the global reserve currency. The discussion delves into the implications of this shift, suggesting that it could signal beneficial changes for the American economy amidst issues like overvaluation and wealth inequality.

In this video, we explore the significant implications of Japan's recent bond market meltdown and soaring yields resulting from the Bank of Japan's interest rate hike, the highest in over three decades, alongside the continued depreciation of the yen. The discussion highlights risks associated with the unwinding of the yen carry trade and potential capital repatriation, which could adversely affect US Treasury yields and broader financial markets.

In this video, we dissect the latest inflation data claiming a cooling rate of 2.7%, while revealing that the real inflation rate is far more alarming. We also explore the staggering implication that if wages had kept pace with actual living costs, average hourly pay could be over $100, highlighting the economic struggles faced by everyday Americans.

In this video, we explore the latest downturn in the stock market, with key indexes showing declines amidst concerns over a potential AI bubble and a recent 20-year bond auction. Despite selling only $13 billion in bonds, demand remains strong, as indicated by higher yields and increased foreign interest, suggesting underlying resilience in the market's long-term bonds.

In this video, we explore the significant decline of the US dollar, which has hit an all-time low and continues to devalue, impacting everyday Americans' purchasing power amid rising inflation and stagnant wages. The discussion includes insights on currency trading dynamics, gold prices, and the broader implications of a deteriorating fiscal balance, suggesting that this trend will likely worsen over time.

In this video, we analyze the alarming rise in unemployment rates, with November's non-farm payrolls plummeting to just 64,000 jobs—far below expectations—and the unemployment rate hitting a four-year high of 4.6%. As the labor market shows signs of significant strain, particularly among youth and marginalized groups, questions about an impending recession become increasingly pressing.