Rickards: Yes, It’s a Bubble

via JAMES RICKARDS: There are signs of recession everywhere and these are good indicators. It’s not just sentiment or guesswork. I’m not going to get into the weeds here, but things like inverted yield curves and negative swap spreads, among other indicators, are all pointing to recession. In addition to …

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BlackRock under Investigation

BREAKING: U.S. government launches investigation into $9 trillion asset manager BlackRock Does this mean its about to slide Ref: https://www.wsj.com/articles/blackrock-msci-face-congressional-probes-for-facilitating-china-investments-2147ce2c

Say goodbye to DISCRESIONARY SPENDING aka the economy

Once people start to repay student debt again all those expensive trendy useless mall shops will start shuttering their satanicly advertised windows: US Economy Braces For Chaos As $1.5 Trillion Student-Loan Pause Ends After a three-year pause due to the pandemic, some 28 million US borrowers will once again face their …

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EASY MONEY 4-week T-Bill at 5.45%

If your bank isn’t paying higher interest grab some t-bills! Rates will probably go higher to attract more buyers of US debt! BRICS won’t need us much longer! Yields Surge After Treasury Boosts Auction Sizes More Than Expected, Sees Debt Issuance Tsunami On Deck: https://www.zerohedge.com/markets/yields-surge-after-treasury-boosts-auction-sizes-more-expected-sees-debt-issuance-tsunami   h/t irthdog7

Report Of Possible Active Shooter At Senate Buildings

U.S. CAPITOL POLICE: REPORT OF POSSIBLE ACTIVE SHOOTER AT SENATE BUILDINGS U.S. CAPITOL POLICE: WE DO NOT HAVE ANY CONFIRMED REPORTS OF GUNSHOTS U.S. CAPITOL POLICE: EVERYONE INSIDE SHOULD BE SHELTERING IN PLACE If you are inside the Senate Buildings, everyone inside should be sheltering in place as the report …

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U.S. Job Market Suffers A Sudden Collapse

Summary Job openings fall 34,000 to 9.582 million in June Layoffs decline 19,000; quits decrease 295,000 Manufacturing stabilizes at lower levels in July WASHINGTON, Aug 1 (Reuters) – U.S. job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight …

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The probability that one of Trump’s D.C. jurors is a Republican: 28.3%

Source: https://ballotpedia.org/Presidential_election_in_Washington,_D.C.,_2020 Question: If 5.4% of voters from a certain city are Republicans, what is the probability that a randomly picked twelve-person jury of people who live in that city will have one Republican? AI answer: To calculate the probability of randomly selecting a twelve-person jury from a certain city …

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Niger Orders Arrest of Any European National Within Its Borders

The new Nigerien government has ordered the Armed Forces to arrest any European Nationals still in the country until France and other Western Powers agree to withdraw their military forces from Niger 🇳🇪🇫🇷🇪🇺 pic.twitter.com/aiq5twTLhP — Jackson Hinkle 🇺🇸 (@jacksonhinklle) August 1, 2023 Today, the West has imposed sanctions on Niger, …

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Russia Hits Ukraine’s Romanian Border Ports With Doritos Again

by The Marine Insurance Companies are going to love this. Can you say, “COVERAGE CANCELLED”? #UPDATE: Footage taken from the Romanian border village of Tulcea shows fire in Izmail, Odesa oblast due to Russian Shahed drone attack. pic.twitter.com/mQhyNMgGRN — Faytuks News (@Faytuks) August 2, 2023   https://twitter.com/_/status/1686539618852786176   More than …

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US Government launches investigation into $9 trillion asset manager BlackRock over Chinese investments.

by AvailableChoice3130 The goal of the investigation is to gather facts that would inform the U.S.’s China policies, including on American capital flows. By routing “massive flows of American capital” to such Chinese entities, the U.S. firms are “exacerbating an already significant national-security threat and undermining American values,” said the …

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Puts and Calls (actually) explained

by SqoobySnaq Saw a post earlier of someone explaining how puts and call options work, it was hilariously wrong. Here’s how they actually work. Calls If a stock is trading at $50 and you think it’s going to go up to $60, you might buy a $55 “call” option for say, …

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Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis)

by confoundedinterest17 Inflation under Biden has been very painful for the US middle class and low wage workers. That inflation has resulted to surging mortgage rates thanks to The Fed’s counterattack. The result? Mortgage rates are up 134% under Bidenomics, while mortgage purchase demand is down -45% since Biden was …

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The Fed’s “No Billionaire Left Behind” monetary policies are having their intended effect: further enriching the already super-wealthy at the expense of everyone else

Perfect for who? Oh wait I know 👇 pic.twitter.com/pwSqCLIvL5 — Mr. D (@Dalernaz) August 1, 2023 Good Morning Everyone! Fitch just gave the U.S. a credit rating haircut – from AAA to AA+! They point to “expected fiscal deterioration over the next three years”. They also highlight the rising government …

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DC judge who will oversee Trump’s criminal case is ‘toughest punisher’ of Jan 6 rioters – and worked for a law firm associated with Hunter Biden

The judge set to oversee former President Trump’s latest criminal case is known for her sentencing of January 6 rioters and worked at a law firm associated with Hunter Biden. DC federal Judge Tanya Chutkan, who was picked to oversee Trump’s criminal case in the capital was declared ‘the toughest …

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Rand Paul announces ‘official criminal referral,’ says email shows Fauci COVID testimony ‘absolutely a lie’

Sen. Rand Paul questions Dr. Anthony Fauci during a Senate Committee on Health, Education, Labor and Pensions hearing about the federal response to monkeypox on Sept. 14, 2022 “Unredacted email ‘directly contradicts’ Fauci’s testimony about gain-of-function research: senator” “This directly contradicts everything he said in committee hearing to me, denying …

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