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 …

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Scott Adams: “Sometimes you have to wait until things go #TooFar before the energy is right for a fix. We are entering the fixing stage for almost everything. Powerful correcting forces are rising. “

There's a lot of good news disguised as bad news this week. Sometimes you have to wait until things go #TooFar before the energy is right for a fix. We are entering the fixing stage for almost everything. Powerful correcting …

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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

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 …

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Justin Trudeau and wife Sophie separating

Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau are separating after 18 years of marriage. In a brief statement issued by the prime minister on Instagram, he said that after “many meaningful and difficult conversations” the pair have …

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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 …

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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 …

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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, …

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