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U.S. Equity Risk Premium is
now negative On a risk-adjusted basis, stocks offer zero return
for investors
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00:01 - 10/12/25
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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
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Oil is holding on to minor gains,
for now.
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Japan’s 30-year bond yield has
spiked to 3.37% - the highest level on record
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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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