Liquidity Fairy Alert! Up and up it goes! Bank Term Funding Program usage above $100B for the 13th consecutive week ($107.527B vs $107.386B 8/17). An over reliance on central bank funding that is growing faster than the rate of inflation, BTFP is a moral hazard! August 31, 2023 10:29 pm
Extremely high cost of living (rent/mortgage/car insurance/groceries/price hikes virtually everywhere)…. S&P on track for the last rally? August 31, 2023 10:04 pm
Judge Refuses to Throw Out Lawsuit Against Burger King for Scamming People with Fake Ads August 31, 2023 9:01 pm
Italy YES!! How Italy’s far-right leader learned to stop worrying and love migration!! LMAO! August 31, 2023 8:39 pm
Tucker Carlson: “There will be a hot war between the United States and Russia within the next year” August 31, 2023 7:03 pm
Inflation Alert! The Fed’s preferred inflation measure continues to rise! Excluding food and energy, the PCE price index increased 4.2 percent from one year ago–still more than DOUBLE the Fed’s 2% target. More fuel for rate hikes… August 31, 2023 11:42 am
“We currently are earning less and spending more (adjusted for inflation) than at the worst point of the Great Depression” August 31, 2023 10:35 am
Another Bidenomics Report Bites The Dust! Challenger Jobs Cuts Increase By 267% YoY (Biden Bowl?) August 31, 2023 10:30 am
Speculation Grows That Warren Buffett Is “Bracing For A Recession” As Consumer Confidence Plummets And Retailers Fall On Hard Times August 30, 2023 9:23 pm
Last time this happened in US history was in 1929, stocks went down (from peak to trough) by 90%. August 30, 2023 7:57 pm
Why Are We Sending $200 BILLION to Ukraine When America Looks Like a Zombie Wasteland? August 30, 2023 7:44 pm
Corporate profits decline 6.5% in 2Q23, worst since pandemic; Credit managers index nears recessionary levels… ‘September will be hell’ August 30, 2023 4:03 pm
Bidenomics at work: USDA says food prices will continue to increase at “above historical-average rates”, at 6% in 2023 August 30, 2023 3:54 pm
