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U.S. Equity Risk Premium is now negative On a risk-adjusted basis, stocks offer zero return for investors

00:01 - 10/12/25

 

                  

 

The Federal Government runs persistent deficits, and the Federal Reserve accommodates them with an inflationary monetary policy. It’s not a conspiracy theory. They really do work together to steal your purchasing power

 

Oil is holding on to minor gains, for now.

 

Japan’s 30-year bond yield has spiked to 3.37% - the highest level on record

 

 

 

 

Deterioration in the labor market seems to be intensifying, per ADP, who says private payrolls dropped by a whopping 32,000 in November.

 

 

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