Food-Security Fears Spark Panic-Hoarding, Could Drive Inflation Sky-High

Despite the Fed's dovish tones, inflation concerns caused a broad equities sell-off. Gold hit a four-month high, boosted by a weaker dollar. Visitors look at an electronic board at the Sao.....»»

Inflation fears can become self-reinforcing, so Summers saying it's worse than he thought could help drive a cycle leading to more inflation overall. Former Tr.....»»

Gold prices were seeing lackluster trade Tuesday morning, edging lower but mostly holding near the highest levels since February, amid selling of assets considered risky, including global stocks and oil......»»

FAANG stocks all fell at least 2% Monday as inflation fears weighed on the tech-heavy Nasdaq. The index closed lower by more than 2%. Scott Heins/Getty Images US stocks fell Monday with the N.....»»

Social Unrest Fears Mount As World Food Prices Soar In April Global inflation is headed into overdrive as the leading food price indicator that is the United Nations' Food and Agriculture Organization's food price index in.....»»

Treasury Secretary Janet Yellen quickly rowed back her comments on inflation, but they were enough to cause concern on Wall Street. Warren Buffett said he was seeing "very substantial inflation." Nati Harnik/AP Janet Yell.....»»

Corn prices hit an 8-year high Tuesday, part of a broad rally for agricultural commodities that's stoking inflation fears. There are several drivers behind the move for maize, including strong demand from China......»»

Corn Prices Touch 8-Year High As Albert Edwards Worries About Food Inflation.....»»

As expectations for stronger inflation have lifted Treasury yields, the mortgage market has been impacted with rates going back above 3% and climbing. Model homes and for sale signs line the streets as construction continues at a hou.....»»

Markets will “potentially get to a new high” in the short term driven by all the new stimulus, but “inflation going up is going to become a big problem” by mid-2021, Dan Niles, founder and senior portfolio manager for the Satori Fund said......»»

Treasury Sec. Janet Yellen also dispelled fears the relief plan would spark rampant inflation, as price growth was weak when unemployment hit 3.5%. Treasury Secretary Janet Yellen. Jacquelyn Martin/AP The US could reach full empl.....»»

Throughout Georgia, food served quickly and to go is in high demand these days......»»

St. Louis Fed President James Bullard downplays fears that the U.S. central bank could be headed to another policy mistake on a scale of the high inflation surge of the late 1970s......»»

The Fed sees little risk of high inflation for the time being, but Larry Summers told Insider, "I don't really understand the basis for serenity." Economist Lawrence Summers has warne.....»»

Fears Of Nationwide 9MM Ammo Shor.....»»

The partnership between The National Restaurant Association's Education Foundation and "Diners, Drive-Ins and Dives" host and celebrity chef Guy Fieri went live on April 2 and crashed within minutes due to high levels of interest. read more.....»»

"They Want Their Monies Out" – Baltimore Residents 'Storm Bank' Amid Fears Of Social Unrest The evolution of panic hoarding started with 3M N95 masks, the.....»»

Britain on Saturday told people who were panic-buying and hoarding food due to the coronavirus outbreak to calm down, pointing to a video on social media showing an exhausted nurse driven to tears by finding shelves bare after her shift......»»

"It's Getting Worse" - Hoarding Panic Forces Supermarkets To Impose Buying-Limits Panic hoarding food and supplies by British and American shoppers has surged in.....»»

Zach Strickland and JP Hampstead talk about how consumers are spending more on groceries than normal, which is translating to higher volumes for this time of year. Fears of the coronavirus could be causing "panic buying." read more.....»»