Heads Up

The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.

Inflation Alert! Despite a 3.0% increase in the overall index, excluding food and energy, inflation remains persistent as it rose by 4.8% over the past 12 months. While Corporate Media celebrates the headline, inflation is still growing and showing no signs of slowing!

by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm All items less food and energy: Inflation and Housing: The overall index for items excluding food and energy increased by 0.2% in June. The cost of housing, represented by the shelter index, rose by 0.4% in …

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Inflation Alert! Purchasing power of dollars continues to VANISH! In June, purchasing power of $100 in January 2000 is now $55.40 (-$.20 from April & $1 since January!)

by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, & thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …

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Federal Reserve Alert! Beige Book July 12, 2023: “many contacts reported an inability to fully pass on increased costs to consumers, which has compressed margins.” Is the ‘Greedflation’ Peak in Sight?

by Dismal-Jellyfish https://www.federalreserve.gov/monetarypolicy/beigebook202307.htm Overall Economic Activity Overall economic activity increased slightly since late May. Five Districts reported slight or modest growth, five noted no change, and two reported slight and modest declines. Reports on consumer spending were mixed; growth was generally …

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FICC-GOV,FICC-MBS,DTC,NSCC Alert! New Minimum Capital Requirements: the increased capital requirements take effect on August 26, 2023

by Dismal-Jellyfish https://www.dtcc.com/-/media/Files/pdf/2023/7/11/GOV1510-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/MBS1248-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/18775-23.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/a9319.pdf https://www.dtcc.com/-/media/Files/pdf/2023/7/11/a9319.pdf Wut mean? The National Securities Clearing Corporation (NSCC), along with the Depository Trust Company (DTC) and the Fixed Income Clearing Corporation (FICC), are increasing their minimum capital requirements for members. These changes were …

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Inflation Alert! The Reserve Bank of New Zealand’s Monetary Policy Review July: The Official Cash Rate (OCR) held at 5.5%. Employment above sustainable level, Consumer spending slows. Could this be the start of other central banks pausing this time as the Fed take the lead with the July rate hike?

by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …

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An ominous sign for the global economy…

China is showing signs of weakness, an ominous sign for the global economy: China 1-year government bond yield ⬇️ China large-cap ETF ⬇️ Copper price ⬇️ pic.twitter.com/oQA1uNfnsj — Bravos Research (@bravosresearch) July 11, 2023 China’s $77 Billion Bank Rout Shows …

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Do You Like Bananas? Our Fed Does.

By Graham Summers, MBA Yesterday’s article caused quite a stir. If you missed it, my main point was this: the U.S. is now an emerging market. And it’s getting downright embarrassing. Last week our Secretary of the Treasury, Janet Yellen, …

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The top 4 banks face bond asset losses totaling $205 billion, with the overall banking sector suffering losses totaling $2 trillion; the Fed intends to hike rates, compounding losses.

It is indeed a matter of great concern that the top 4 banks are currently facing monumental losses, amounting to a staggering $205 billion, on their bond assets. Moreover, the entire banking system has witnessed an alarming figure of approximately …

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China’s Tencent Holdings introduces cashless payment service for Beijing metro riders using WeChat Pay, utilizing surface-level palm prints and hand veins, and Tencent’s YouTu AI lab.

“Hey, have you heard the latest from China? They’re going all-in on the cashless life! Tencent Holdings, the social media powerhouse, has just launched a super cool payment service for Beijing metro riders. And get this – you can pay …

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UN and IPCC demand trillions in global taxes to combat climate change, preventing alternative perspectives. JP Morgan Bank CEO suggests governments seize private land for solar and wind farms

The United Nations (UN) and the Intergovernmental Panel on Climate Change (IPCC) have recently called for a significant financial investment to combat the pressing issue of climate change. Their proposal includes the implementation of global taxes aimed at generating trillions …

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Florida Attorney General seeks Zuckerberg’s involvement in Statewide Council on Human Trafficking, citing 53% of human trafficking incidents reported were from Meta platforms.

“Florida’s Attorney General is calling for Mark Zuckerberg to speak to the Statewide Council on Human Trafficking regarding Meta platforms being used most frequently to “assist, facilitate or support human trafficking.” According to their survey “146 of the 271 reported …

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