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WATCH: Spanish island of Tenerife engulfed in a huge wildfire, mass evacuations underway pic.twitter.com/nmbG1lfPss — Insider Paper (@TheInsiderPaper) August 16, 2023 😡BREAKING – Spain: Catastrophic wildfires have been reported in the island of Tenerife. 3,000 people were evacuated. pic.twitter.com/UGsCTUvspm — Truthseeker (@Xx17965797N) August 16, 2023 Some scary scenes coming out of Tenerife in the Canary …
By Ron Paul, for Birch Gold Group I’ve long been critical of the Federal Reserve – in fact, I wrote a book called End the Fed way back in 2009. My position on the Fed’s failings have been clear for a long, long time. Even so, the Fed’s failure to properly manage price stability has rarely been more clear than …
Long story short, something in my guts kept yanking at me so I decided to mark down most the locations mentioned in the videos except for the blood moon or red sky mumbo jumbos. Here’s what I got: The area with more pins surround Beijing and is known to have one of the more historically …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity as stable for the second month in a row. Remember, services are where ~2/3 of …
by BlueCoastDoge Downgrade for US economy. Pending downgrade of US banks. Ruble gets hammered on markets & Russia hikes interest rates to 12%. And amid China’s property development Ponzi Scheme, the Gov slashes rates, suspends youth jobless data as economy signals sharper downturn. It’s interesting & sad to see all or most Govs living in …
Real yields break things up here, at 185bps, the highest since Lehman. pic.twitter.com/7od1pAtJLB — Lawrence McDonald (@Convertbond) August 15, 2023 Yes for sure. Bond markets understand that, on top of the continued large deficit spending, interest expense on the debt is going to start spiraling as rates increase. This expense will be nearly impossible to …
Another Lehman Brothers? — Mr. X 🇺🇸 (@Wonder4X) August 16, 2023 HEDGE FUNDS DUMP CHINESE STOCKS AGGRESSIVELY AS GROWTH OUTLOOK DIMS — FXHedge (@Fxhedgers) August 15, 2023 OOPS! #China 10y yields keep falling in a sign that the economy is hard landing/crashing. China 10y yield now at 2.6%, the lowest level since Corona crisis in …
🚨BREAKING: Biden to travel to Lake Tahoe, Nevada for A WEEK this Friday while utterly ignoring hundreds of dead Americans in Maui — Benny Johnson (@bennyjohnson) August 14, 2023 pic.twitter.com/UsQc3oh3pE — I Meme Therefore I Am 🇺🇸 (@ImMeme0) August 14, 2023 This is the face of an evil, old, beleaguered man smirking, sun-tanning, and fiddling …
by Michael Can you imagine calling up a family that has just seen their home burn to the ground and offering to buy their land for below market value? This is apparently happening in Hawaii right now on a massive scale. Grieving property owners are being bombarded with calls from very greedy people, and I …
via Mike Shedlock: The National Association of Homebuilders (NAHB) Housing Market Index (HMI) resumed its slide in August. Traffic remains in the gutter. The NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions …
by fickdichdock Reasoning in some easy to digest bullet points: Hedge funds piled into regional banks in the last crash but they will take profits on the first sign of trouble. Fitch “in ur an us” rating agency down graded the US recently. Rumors of more extensive bank downgrades. Biggest -% day for many regional …
by Euro347 In March 2023 when all the medium sized banks started imploding one by one the primary topic of discussion was terrible risk management and US treasuries losses. Now there is a new threat that is maybe 1000x worse. Derivatives and swaps. At the Big Banks. I found it interesting that Fitch came out with …
Explainer-How much worse can China’s economic slowdown get? HONG KONG (Reuters) – China’s economic activity data for July, including retail sales, industrial output and investment failed to match expectations, fuelling concern over a deeper, longer-lasting slowdown in growth. THE DEMISE OF CHINA’S GROWTH HAS BEEN MISTAKENLY FORECAST BEFORE. IS THIS TIME DIFFERENT? Activity data has …
by Dismal-Jellyfish Source: https://www.marketwatch.com/story/silvergate-capital-ceo-alan-lane-to-exit-as-crypto-bank-winds-down-c5f5c698 Silvergate Capital Chief Executive Alan Lane and other executives are leaving the company amid the wind down and liquidation of Silvergate Bank. Lane and Chief Legal Officer John Bonino will both leave, effective Tuesday. Chief Financial Officer Antonio Martino will exit, effective Sept. 30. The company said in a securities filing that it …
Grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices, per CNN. Food altogether, including menu prices, went up 4.9%. — unusual_whales (@unusual_whales) August 15, 2023 Food and Gas Prices Continue to Rise, Putting Strain on Americans’ Budgets Gas prices have risen significantly in recent weeks, according to pricing …
WE CLOSED BELOW THE 50 DAY MOVING 🐒!!!! pic.twitter.com/rHsBEIHHd8 — Win Smart, CFA (@WinfieldSmart) August 15, 2023 Dramatic rallies on the way down always arrive when people least expect them. VIX options expiration tomorrow. Direction can change quickly. https://t.co/g8Pkm8onIu pic.twitter.com/NeIg3PDN3H — Financelot (@FinanceLancelot) August 15, 2023 10Y3M spread -124bps, -118bps at high today pic.twitter.com/bFg3mNdEgI — …
This is raw and real, it's the middle class that's getting hit hard. This lady makes $34/hr and can't even survive in Canada … 🚨🚨🚨 🔊 pic.twitter.com/B7x1pfjQxO — Wall Street Mav (@WallStreetMav) August 15, 2023 The cost of living crisis is astronomical everywhere. It feels like we're just working to barely survive 🚨🚨🚨 Compilation of …
https://www.youtube.com/watch?v=YTgLGZsvrOo If you live in America, are you seeing rent prices go up or down in your area this year? Despite recent claims that rent price growth is cooling down, new surveys just published by the Harvard Joint Center for Housing Studies and Freddie Mac found that the majority of U.S. households, — or about …
https://twitter.com/drefanzor/status/1691536631168483328?ref_src=twsrc%5Etfw Look at these incompetent morons. Now we know who is tweeting from Biden's account. pic.twitter.com/N6jTM8ndcu — The_Real_Fly (@The_Real_Fly) August 15, 2023 we now know who is behind all those Community noted tweets https://t.co/e6YZM93xDM — zerohedge (@zerohedge) August 15, 2023 h/t Terminally Dispelled
by KeeperOfSpirit This is nuts there are around 100 fires right now in Canada all out of control. Easily over 1 million hectares burning…. Only one fire (highlighted in red) is around 541.000 hectares. Link to live map, zoom in on map and more fires will appear: https://zoom.earth/maps/satellite/#view=59.7,-110.1,4z/date=2023-08-15,00:10,+3/overlays=fires At least over 60% relative humidity in air around …
https://twitter.com/NorthmanTrader/status/1691133559824699395 https://twitter.com/NorthmanTrader/status/1691142197314207744 Most recently, the Fed said they no longer expect a recession. JP Morgan agreed with them. Can the Fed really achieve a soft landing with 7%+ mortgages, $1 trillion in credit card debt and soaring bankruptcies? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 15, …
Their partners are the:•United Nations (UN)•World Health Organization (WHO)https://t.co/gykx9DpkDW — Dejan (@georgievdejan) August 9, 2023 Google’s algorithms are designed to delete websites that criticize topics such as: – COVID-19 statistics– the World Bank– the FBI’s crime statistics – PharmGKB– a one-world global governmenthttps://t.co/EBwUDMYTfX — Dejan (@georgievdejan) August 9, 2023 The algorithms are Google’s last-ditch attempt …
BRICS Expansion: Who’s in the Lineup? One of the world’s newest economic alliances is gaining momentum as BRICS – comprised of original members Brazil, Russia, India, China and South Africa – boast of a potential 40 countries that are looking to join the conglomerate. With just their original members, BRICS already represents 41.5% of the …
by DesmondMilesDant Only thing left is Student loan (start sept) and Mortgages (start once you lose your job next yr)
Brandon Johnson, the newly elected mayor of Chicago, has stated that in order to combat “white supremacy,” black people should no longer be subject to criminal prosecution and be taken out of “state-sponsored policing.” WATCH: Newly-Elected Chicago Mayor Brandon Johnson Declares Blacks Should Be Free To LOOT Without Fear Of Criminal Prosecution https://t.co/mGs596RjV1 — God …
Real yields on 10-year Treasuries closed yesterday at the highest since 2009. pic.twitter.com/Ujfb0Lco7l — Lisa Abramowicz (@lisaabramowicz1) August 15, 2023 Nominal yields keep going higher and this affects corporate bonds $LQD, therefore cost of refinancing is increasing. We can expect this chop into the market to keep going while investors move from growth to value …
🚨🚨 I’m being told there is a TWELVE MILE “MEDIA FREE ZONE” around Lahaina, Maui where the “wildfires” struck WHAT THE HELL IS GOING ON?? I’m flying in TOMORROW. I’ll let them put me in JAIL before I’ll obey an unconstitutional “MEDIA FREE ZONE” Don’t believe me? Try me.… pic.twitter.com/slJZaxCYwM — Nick Sortor (@nicksortor) August …
Her comments come after the biggest rate cut in China since 2020, which was delivered alongside a slew of worse-than expected economic data. The analyst put out some interesting charts comparing 1990s Japan to modern China: https://t.co/hHM4FuSC2a pic.twitter.com/N6U1qsfxFe — Lisa Abramowicz (@lisaabramowicz1) August 15, 2023 New rate cuts from the PBoC! 🇨🇳🥶 Spreads between USD …
pic.twitter.com/uX9VoRGdXK — Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023 Does anyone remember August 2015 – Yuan deval? Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at the same time. So why not just let the currency do the heavy lifting? pic.twitter.com/fAcHUIQMhH …
by Michael The middle class in the U.S. has been steadily shrinking for decades, but in recent years our leaders have greatly accelerated that process. In 2020, 2021 and 2022 they absolutely flooded the system with new money, and almost all of that new money went into the pockets of the wealthy. The gap between the …