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Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
A group of House Republicans, led by Pennsylvania Rep. Scott Perry, introduced legislation Thursday to defund the World Economic Forum (WEF). The Daily Caller first obtained a copy of the bill, which is titled the Defund Davos Act. The legislation would specifically block the State Department, USAID, and any other federal agency from providing funding …
https://twitter.com/_/status/1748413024967254463
NEW: New York City driver intentionally plows her car into an NYPD officer, telling authorities she wanted to teach him a "lesson." This is what happens when you convince people that cops are the enemy. Terrible. Sahara Dula, who is a criminal justice graduate, was driving the… pic.twitter.com/AYU1Cr2DSS — Collin Rugg (@CollinRugg) January 19, 2024 …
Now that’s over, there are still many bad choices he could make. AC
Two UK Royal Navy minesweeper vessels have collided while docking in Bahrain, with one ship caught on video as it backed into the other. A British military spokesperson has confirmed the mishap, saying the cause of the accident is still under investigation. The crash took place on Thursday as the HMS Chiddingfold, a Hunt-class mine …
Prosecutors announced that an American Airlines flight attendant attempted to secretly record a 14-year-old girl in an airplane restroom and that he had recordings of other young girls using the restroom on the aircraft as well. Estes Carter Thompson III, 37, was arrested on Thursday, and he is now being charged “with one count of …
Dive into the complexities of the global financial system with Mike Maloney as he explores the timeline of banking collapses, drawing parallels between the events leading up to the 2008 financial crisis and recent banking issues. The discussion delves into concerns about the stability of various sectors, including commercial and residential real estate, stock markets, …
Jan 19 (Reuters) – China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with knowledge of the situation said, as Beijing struggles to contain debt risks even as it tries to stimulate the economy. Increasing its efforts to manage $13 trillion in municipal debt, the State Council …
via Mike Shedlock: There’s a recurring claim that the price of rent will decline as soon as the near-record number of housing units under construction are completed. Let’s investigate the claim. Housing units completed from the Census Department, Rent of Primary Residence from the BLS, chart by Mish. The price of rent has gone up …
NBC edited out Houston QB CJ Stroud’s praise of Jesus Christ in their post-game interview posted to X. Why did @SNFonNBC remove Stroud saying “First and foremost, I just want to give all glory and praise to my Lord, Jesus Christ.” NBC edited out Houston QB CJ Stroud's praise of Jesus Christ in their post-game …
Face it, our Western Civilization is writhing in decadence and perversion. We’re just awaiting our ultimate fate…before death. AC
NEW YORK, Jan 17 (Reuters Breakingviews) -If the $690 billion Tesla TSLA.O faces an unravelling, Twitter might have gotten the ball rolling. Boss Elon Musk wants 25% voting control of the carmaker, after selling down shares to help finance a 2022 deal for the social-media company now known as X. His online foray risked making him an absentee CEO; increasing …
SOURCE: https://twitter.com/MJTruthUltra/status/1748151976003592570
Nato warns of all-out war with Russia in next 20 years Civilians must prepare for all-out war with Russia in the next 20 years, a top Nato military official has warned. While armed forces are primed for the outbreak of war, private citizens need to be ready for a conflict that would require wholesale change …
The Senate beat back an amendment from Sen. Rand Paul to limit foreign aid to the Palestinian Authority in the West Bank and Gaza. It failed 44-50 as the chamber neared a final vote on a short-term government funding patch that would keep the lights on until March. “The only thing consistent about American foreign aid is …
Commander in the Space Force: “I’m here to testify about the ongoing Marxist inspired efforts to subvert and weaken our military and broader American society. We often refer to these efforts as wokeism but it is also a culture war.” Commander in the Space Force: "I'm here to testify about the ongoing Marxist inspired efforts …
Donald Trump helped kill Congress’ last big bid for an immigration compromise. As the Senate closes in on its next attempt, members of both parties are prepared for the former president to try it again. Speaker Mike Johnson’s televised acknowledgement that he’s consulting with Trump on border policy is giving déjà vu to senators who witnessed the …
Authored by Charles Hugh-Smith via oftwominds, Politicians and corporate managers have an enviable record of self-enrichment but very little to show in terms of putting the long-term interests of the citizenry above their own short-term gains. This week’s focus is on self-reliance, a topic of increasing relevance than is more complex that it may seem. …
by Michael Since the middle of November, the Iranian-backed Houthis in Yemen have literally attacked dozens of commercial ships in the Red Sea, and the Houthis insist that the attacks will continue until Israeli troops pull out of Gaza. Needless to say, that is not going to happen. Since the Houthis are not able to …
via Mike Shedlock: Housing starts and permits continue to flounder as completions slowly rise. Housing data from Census Bureau, chart by Mish. Housing starts dropped 6.6 percent in December according to the Census Bureau’s New Residential Construction Report. Building Permits Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate …
"Why is everything so DAMN expensive?" Four years ago my rent was $1,200 a month at a luxury apartment complex" "It is NOW $2,100, not even including utilities" "3 years ago my electric bill was averaging $45 now it's averaging $125…" "I went to the grocery store yesterday… pic.twitter.com/zcyvXX6AC7 — Wall Street Mav (@WallStreetMav) January …
Didn’t people get banned for saying this on many platforms? https://twitter.com/WR_Samurai/status/1748045388869963890
Well, here’s a plot twist in the saga of the ‘Brick Lady’! Turns out, she wasn’t a victim but the mastermind behind a wild tale that grabbed headlines. So, she claimed she got hit by a guy just because she wouldn’t share her phone number, and people poured in with the donations – tens of …
By Martin Armstrong COMMENT: It is apparent that you are advising Argentinian President Javier Milei on economic theories. You said at the WEC that we would eventually see local currencies. If you are not informing him directly, they attended the WEC. He even warned about irresponsible provinces resulting in inflation. That is what you explained. DA …
In a defiant move, Texas refuses to comply with a cease-and-desist letter from the Biden administration regarding actions taken by the state that allegedly hinder U.S. Border Patrol agents’ access to part of the border with Mexico. Texas Attorney General Ken Paxton, in a letter to the Department of Homeland Security, firmly rejects the administration’s …
Congress on Thursday passed legislation to keep the federal government open into March, approving the third stopgap spending bill in four months as lawmakers struggle to agree on long-term government funding plans. The bill extends deadlines to March 1 and March 8. Money for roughly 20 percent of the government — including the Transportation Department, …
In a surprising turn of events, Fox News delivers unapologetic truth bombs on the World Economic Forum (WEF), boldly labeling it a “fanatical political organization” that employs fear manipulation akin to tactics seen during the Covid era. The network’s bold stance challenges the mainstream narrative and questions the true intentions behind the influential global gathering. …
Jan 17, 2024 Texas Governor Greg Abbott’s floating border barrier will remain in place in the Rio Grande for now. A majority of the 17 justices who make up 5th U.S. Circuit Court of Appeals have agreed to hear the buoy barrier case.
The International Monetary Fund (IMF) is closely monitoring potential market liquidity risks as countries move to refinance debt issued during the pandemic, warns Gita Gopinath, the IMF’s first Deputy Managing Director. Expressing concern over the already elevated debt levels, Gopinath points out the additional worry of projected fiscal deficits surpassing pre-pandemic levels. This highlights the …