‘The crash of 1987 was caused by a market melt-up during Fed tightening. The same thing happening now.’

The crash of 1987 was caused by a market melt-up during Fed tightening. The same thing happening now. No happy dance for FOMC:https://t.co/DDht7jDjCn"Markets have consistently front-run the Fed. That has eased credit conditions and could stoke an acceleration in growth." pic.twitter.com/vEhOMu1ozt — Mac10 (@SuburbanDrone) July 26, 2023 Last week saw the highest QQQ call option …

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HSBC’s Kettner warns of lulling into a false sense of inflation slowing, with concerns of reacceleration.

HSBC's Kettner: The danger is “we're all getting sort of lulled into, ‘Oh yeah, everything's fine…inflation is going to slow itself. One of the concerns that we have is that headline US inflation on our measure is going to reaccelerate” https://t.co/KV5rI02Ruh — Lisa Abramowicz (@lisaabramowicz1) July 26, 2023 #Gasoline, #Jet #Fuel, #Oil are all going …

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OUCH: Solvency Dies in Darkness: Washington Post On Pace to Lose $100 Million This Year… MARK JUDGE: The end of the Washington Post.

via newsbusters: The New York Times buried the lede in a story about Amazon billionaire Jeff Bezos owning The Washington Post. It isn’t quite profitable, you learn in the eighth paragraph: “The Post is on a pace to lose about $100 million in 2023, according to two people with knowledge of the company’s finances.” The …

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KJP “Hurts So Good” Presser: Prices UP 16.6% And Real Wages Down -3% Since Biden Took Office (Food UP 56%, Gasoline UP 52%, Mortgage Rates UP 153%) Hurt So Good???

by confoundedinterest17 Biden Press Secretary KARINE JEAN-PIERRE: “The American people are beginning to feel Bidenomics” Prices are up 16.6% and real wages are down 3% since Biden took office. Well, at least Jean-Pierre didn’t claim like her boss Joe Biden claimed that he “ended cancer as we know it.” But getting back to Jean-Pierre’s claim that …

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Economic and social terrorism by elite and Federal Reserve rewards speculators; Financial conditions are loosening at a fairly steady clip, even as the Fed prepares to hike rates to the highest level since 2001.

Darth Powell knows: This is the result of economic and social terrorism caused by the elite/donor class and Federal Reserve. Rewarding the most worthless, least productive members of society (asset price speculators) over actual production/innovation. https://t.co/UhRkGnrXJL — Darth Powell (@VladTheInflator) July 25, 2023 How long can the Fed & its PE accomplices delay the inevitable? …

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Trudeau has a little trouble remembering the job of the opposition leader – Instant karma follows.

@kbear315 #liberalsarecriminals #peirreforprimeminister #trudeaumustresign ♬ original sound – kbear315 A little background… The student and her family were apparently paid a few million in hush money to bury the story. Trudeau’s West Grey accuser was much younger than first thought Prime Minister Justin Trudeau‘s underage accuser was much younger at the time of their relationship …

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Now they tell us…

Nate Silver: Journalists should be skeptical of all sources —including scientists. “Here’s the scandal. In March 2020, a group of scientists — in particular1, Kristian G. Andersen the of The Scripps Research Institute, Andrew Rambaut of The University of Edinburgh, Edward C. Holmes of the University of Sydney, and Robert F. Garry of Tulane University — …

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Market may explode spontaneously…

This market will spontaneously explode. THIS is the warning: pic.twitter.com/G5G8YZNCZT — Mac10 (@SuburbanDrone) July 25, 2023 "What I want to know is when will the Fed pause rally begin" pic.twitter.com/Lcq12tPJ2j — Mac10 (@SuburbanDrone) July 25, 2023 Existing home sales are a good predictor of S&P 500 earnings Plummeting home sales point to an earnings contraction …

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Jesse Watters: Elizabeth Naftali, a Democrat donor, paid for Hunter’s art work and appointed to a government post shortly after Hunter’s art show.

Kind of shocking even NPR published this a year ago. https://t.co/SuiQJzGc0A pic.twitter.com/kdRCmDQKT3 — PDD (@DeGirlDeBoy) July 25, 2023 🚨 JUST IN: Hunter Biden sold his “art” for $875K to a Democrat donor who Joe Biden named to a prestigious commission Although Joe Biden promised on the campaign trail there’d be an “ABSOLUTE WALL” between his …

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Banks misreporting data! How is that possible?!? They were supposed to stop doing that after the last time they got a slap on the wrist.

Imagine my shocked face! We observed that some FDIC-insured banks are not reporting estimated uninsured deposits as outlined in the Consolidated Reports of Condition and Income (Call Reports). Today, we’re reminding banks of the importance of reporting accurate data.https://t.co/jJd5rU3cJV — FDIC (@FDICgov) July 24, 2023 This chart shows that post-pandemic, banks are hyper-sensitive to financial …

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Economic news worsens but markets continue to rise, marking the final stage of the market cycle. Financial pundits lure sheeple into market, then claim no one saw it coming after crash.

The economic news is getting really bad but markets are still rising. The brief final stage of the market cycle.pic.twitter.com/55ZY4MGgPy https://t.co/rX8hxr3YI3 — Financelot (@FinanceLancelot) July 25, 2023 The overwhelming temptation of every financial pundit is to lure sheeple into a market powered by five stocks:https://t.co/vCedAfNQWd And then after the crash tell everyone no one saw …

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MSM shifts Ukraine narrative amid Americans’ distractions with Barbie/Oppenheimer.

2) “Stalemate”, is the new talking point for Western MSM, in an attempt to slowly normalize the public to accept their defeat. But you’ll notice, the only articles about the “stalemate” over the weekend were from @nytimes and @WSJ , both of which have a paywall. They are… pic.twitter.com/JGZ3m9HKdT — Clandestine (@WarClandestine) July 24, 2023 …

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Bidenomics Or How Washington Ruined America’s Future: Interest on Federal Debt Rose 76% Under Biden (US Interest On Federal Debt > 6x EU Defense Spending As Unfunded US Liabilities Exceed $192 TRILLION!)

by confoundedinterest17 How badly has Bidenomics and generally Federal spending has crippled the US? An example. The interest on US Federal debt is approaching $1 TRILLION (and Biden/Democrats REFUSE to cut any spending, not that Republicans are much better). To show up how messed up this is, the EU’s defense budget (remember Ukraine?) is far …

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$78 billion withdrawn from commercial banks last week (7/5-7/12). $869 billion in deposits has been pulled since the all time hit 4/13/22. With the FDIC announcement today banks aren’t reporting their uninsured deposits correctly, will this re-accelerate the bank run already picking up pace again?!?

by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t covered by federal insurance*. \When banks incorrectly report uninsured deposits, it could create a perception …

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Why Do They Have To Ruin Just About Everything?

by Michael I am not one of those people that believe that everything in our society was better decades ago when I was growing up.  But without a doubt, those that are running our society today have ruined so many of the things that were truly great when I was a child.  Among other things, …

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Bidenomics? Since January 2021, Regular Gasoline Prices Up 57% Under Biden, CRB Foodstuffs Up 55% As Strategic Petroleum Reserves DOWN -46% (10Y-2Y Treasury Curve Inverts To -102.45)

by confoundedinterest17 Jared Bernstein was VP Joe Biden’s former Chief Economist and is now chair of the United States Council of Economic Advisers. Pretty impressive! Except that Bernstein is not really an economist. He has a PhD in social welfare from Columbia University. In other words, Bernstein is a Progressive Marxist cheerleader, not a real …

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Here come the long-overdue credit downgrades

Long-overdue. Looks like somebody finally completed an analysis. 👀 pic.twitter.com/d5tHyjl0Qx — IZ (@siddiqui71) July 24, 2023 'America's $1.4tn risky corporate loan market has been hit by the biggest slew of downgrades since the depths of the Covid crisis in 2020, as rising borrowing costs strain businesses piled high with floating-rate debt.' https://t.co/zXj8Xzypwc pic.twitter.com/dUoFLa8INa — Jesse …

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Dept of Homeland Security labeling Americans “right wing extremists

The Department of Homeland Security is out of control! Below are why they’re labeling Americans “right wing extremists The Department of Homeland security is officially out of their fucking mind. Check out the “reasons” they’re labeling Americans as right wing extremists now: • Combat veterans who are quote unquote “disgruntled about the takeover of their …

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Eurozone economy likely to enter severe contraction

But even Services report points to severe contraction in economic activity: – Employment 53.3 (last 54.0)– Export orders 45.3 (48.6)– Price Pressure 60.4 (60.5) pic.twitter.com/zkpiC4vTQM — Mario Cavaggioni (@CavaggioniMario) July 24, 2023 WOW! #Germany's Manufacturing #PMI plummeted to 38.8, which points to outright #recession.Services held above 50.So, is this time different, and will Germany's self-inflicted …

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2024: Will We Make It? Currently on track for major market and financial system crisis events to break out in September/October [Opinion]

by mark000 Judo Australian Service PMI in contraction territory again, small MFG sector there saw a bounce but still contracting Composite PMI actual 48.3, previous 50.1 Lowest since December 2022 pic.twitter.com/ROlCMamJyr — Don Johnson (@DonMiami3) July 23, 2023 Despite leading economic indicators contracting sharply, the market has been moving higher A similar divergence occurred during …

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The Greatest Depression Coming

Wef warned. “You will own nothing” Banking is rigged. Fraud. They are coming for peoples houses. Mass unemployment soon. Warn everyone so they can keep their homes. By Carol Roth investment banker. NWO. New financial world order. Some will lie and say banks don´t print money. So why is M2 money supply going up? LOL …

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Summer Of Strikes? 650,000 American Workers Threaten To Walk Off Job (Bidenomics On Parade!)

by confoundedinterest17 Joe Biden loves to tout “Bidenomics” which is a top-down command economy model with massive Federal spending directed primarily at green energy. But remember that a pillar of Bidenomics is support for labor unions. But “Union Joe” will be remembered as “Inflation Joe” as inflation remains hot. But now the labor unions are …

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Leftists’ Remorse: Leaders of Sanctuary Cities Express Regrets After Welcoming Illegals… Ben Bergquam: It’s All by Design

Leaders of Sanctuary Cities Express Regrets after Welcoming Illegals ‘The plain truth is that sanctuary city policies hobble law enforcement’s ability to protect the public from dangerous criminals…’ (Casey Harper, The Center Square) – Leaders of major metros around the U.S. have pushed for more progressive immigration policies in recent years by declaring themselves safe …

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