Fed likely to pause tightening despite being half way home

by confoundedinterest17 Don’t kid yourself. The talking heads at The Federal Reserve (more like Feral Reserve) are only about halfway there in terms of rate hikes. There is still over $8 trillion in monetary stimulus sloshing around the economy. The Taylor Rule implies a target rate of 10.12% while the current target rate is just over half …

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May Jobs Report Adds 339k Jobs, But Unemployment Rate Rises To 3.7% (Avg Hourly Earnings Cool To 4.3% YoY, Too Bad Core Inflation Still Sizzling At 5.5%)

by confoundedinterest17 The May jobs report is out and, under normal circumstances, would led The Fed to raise rates. But these are not normal times, my friends. The US economy (allegedly) added 339k jobs in May. That is the good news. The not-so-good news? …

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‘Something massive changed in the last few months’

Something massive changed in the last few months. Americans are now MUCH more strongly in favor of banning transgender treatment for minors.@AnheuserBusch @Target do you have any theories? https://t.co/Lg6dLOzB0g pic.twitter.com/rw5fUzBTWg — Rasmussen Reports (@Rasmussen_Poll) June 1, 2023 🤡🌎 pic.twitter.com/NDggZL94l9 — …

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Unwinding this will be a disaster…

The Fed sponsored a $multi-trillion carry trade. Tech is 90% correlated to the $USDJPY – most since March 2020. Unwinding this will be a disaster. Said the ECB. Today:https://t.co/PGl3PLGtCp pic.twitter.com/FqGtNPykwx — Mac10 (@SuburbanDrone) June 1, 2023 The Nasdaq 100 Index …

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WHO – former Director states 70% of donations have strings attached, linked to the preferences of the donor!

https://twitter.com/BernieSpofforth/status/1663795870142169089?ref_src=twsrc%5Etfw By the Numbers: Bill and Melinda Gates rank as WHO organization’s 2nd biggest donor The U.S. funds more than 20% of the WHO’s budget and was the organization’s largest donor before President Trump announced he would be halting any …

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This country is imploding…

by BoatSurfer600 A CULTURE-WAR RECKONING FOR CORPORATE AMERICA: A headline in New York magazine laments, “Bud Light, Target, and a New Era of Corporate Caution.” A new era of corporate caution? Don’t threaten me with a good time. Imagine a beer company that …

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BOOM: White House refuses to address the fact that today the majority of Americans believe the President himself is corrupt… Karine Jean-Pierre’s stunned

White House refuses to address the fact that today the majority of Americans believe the President himself is corrupt. pic.twitter.com/ly2a6uiIH5 — @amuse (@amuse) May 31, 2023   ‘Wow!’ Stunned John Kirby Stammers Out a Denial and Leaves Podium after White …

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Jay Powell’s Fed hasn’t yet realized the full gravity of what’s coming… There are clear risks of devastating market crashes, domino bank failures, a highly destabilizing Credit contraction

RELAX everything’s going to be fine, if there was ANY chance of collapse all the “experts” on the main collapse subreddit would be all over this. /s via realclearmarkets: “In purely technical terms, all these together are betting heavily on …

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Interest rates likely to move HIGHER

by okie1 New data just came in. Use of fed’s liquidity facilities declined again: View post on imgur.com This is where the money was coming from to create the demand for T bills, which is what was bringing rates down …

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Fed pivoted already?

by TheNewbieInvestor Everytime this happened, the Fed pivoted 2-year yield has now moved below the Fed funds rate pic.twitter.com/8fsrsDToh2 — Bravos Research (@bravosresearch) March 17, 2023 Looks like my hunch was correct. This tweet was from Thursday, the day before #SVB …

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For people who think the banks are fine…

  Fed Loaned $160 Billion to Banks and $142 billion to FDIC. But QT-Related Roll-off Continued At around 4.75%, plus collateral, these are expensive loans for banks. The Fed’s Discount Window Soared to Its Highest Level Since the Previous Financial …

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FDIC Reportedly On Scene At First Republic Bank Headquarters!

Another Bank specializing in Tech loans and services for “High Net Worth Individuals”, but more of a Public bank than SVB was. The cashless society people really want that cash! https://twitter.com/_/status/1634783756656492544 https://twitter.com/_/status/1634790617627914240 View post on imgur.com Contagion has already spread. …

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Foreclosure Wave 2.0 is coming. ETA Late 2022.

And it's not just Downpayments. Average Debt to Income Ratios today are comparable to mid-2000s. Meaning that homebuyer incomes, on average, are just as stretched in their ability to afford the mortgage payments. pic.twitter.com/3wIVJvidCS — Nick Gerli (@nickgerli1) August 14, …

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It’s going to be a dark winter …

https://twitter.com/WallStreetSilv/status/1558940610421174272 Switzerland: The country's energy situation is serious and we have requested supplies from Germany and Italy. — The_Real_Fly (@The_Real_Fly) August 14, 2022 United Kingdom annual inflation June, 2020: 0.6% June, 2021: 2.5% June, 2022: 9.4% — The Spectator Index …

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