Dan Denning

1 day ago | bonnerprivateresearch.com | Bill Bonner |Tom Dyson |Dan Denning

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2 days ago | bonnerprivateresearch.com | Bill Bonner |Dan Denning

The latest report shows the economy shriveling up more than expected. The Hill:First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists.GDP contracted by 0.5 percent on an annualized basis, 0.3 percentage points lower than the last measurement from the Commerce Department. Does it make any difference? Maybe not. GDP figures are largely meaningless or misleading. They don’t tell you much that is useful.

3 days ago | bonnerprivateresearch.com | Bill Bonner |Dan Denning |Tom Dyson

Let’s return to the question ‘What to do with your money now?’ keeping in mind that things can change, fast. On Monday, we were at war. By Tuesday, it was ‘TIME FOR PEACE.’ And now, investors hold their breath, awaiting the next news flash. Trump vs. Powell, the US vs. Iran war, the Big, Beautiful Budget Abomination vs. fiscal rectitude…ICE vs. ‘illegals’…the Supreme Court vs. Presidential power – at any moment, the artillery shells could begin landing. And bonds are an obvious target of opportunity.

6 days ago | bonnerprivateresearch.com | Bill Bonner |Dan Denning

‘Bomb, bomb, bomb…bomb, bomb Iran.’--John McCain‘What to do with your money now’ will have to wait. Steve Bannon alerted his War Room audience on Saturday: ‘the party is on.’ Reuters:Oil prices jumped on Monday to their highest since January as Washington's weekend move to join Israel in attacking Iran's nuclear facilities stoked supply worries. Brent crude futures rose $1.88 or 2.44% at $78.89 a barrel. U.S. West Texas Intermediate crude advanced $1.87 or 2.53% at $75.71.

6 days ago | bonnerprivateresearch.com | Dan Denning

Dear Reader,The futures markets open at 6 pm Eastern Time here in the US. While we’re waiting on the markets to weigh in on this weekend’s US bombing of Iran’s nuclear sights, let me bring the chart above to your attention for some broader context. It should help. The US Dollar Index (DXY) is down 9% year-to-date (this is something I wrote about in January for paid readers in a research note which I’ve unlocked for free readers today). The index is at the bottom of a three-year range.