U.S. Warns, Do Not Travel To China

Advisory comes after a 78-year-old U.S. citizen was sentenced to life in prison on spying charges in May  China recently passed a broadly written counterespionage law  Advisory warns: U.S. citizens in China ‘may be detained without access to U.S. consular …

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Federal Reserve reveals the 57 companies cleared to use FedNow

The Federal Reserve has announced that 57 companies have completed the formal testing and certification process for FedNow, clearing them to begin using the new instant payment system once it launches later in July. https://www.kitco.com/news/2023-07-03/Federal-Reserve-reveals-the-57-companies-cleared-to-use-FedNow.html full list of participants https://www.frbservices.org/financial-services/fednow/organizations-certified …

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Extremely weak global economy… The United States and Europe are already in an industrial recession; Optimism around the Chinese consumer has faded following the re-opening

The third OPEC+ oil cut. Oil ended down on the news. Sign of an extremely weak global economy. pic.twitter.com/Ic3kgQWpFf — Mac10 (@SuburbanDrone) July 3, 2023 Optimism around the Chinese consumer has faded following the re-opening A weakening Chinese economy is …

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Banks would lose $541 billion in ‘hard landing’ contingency… Most investors believe there will be no recession in 2023… Retail has been wonderful exit liquidity for big players.

Banks would lose $541 billion in ‘hard landing’ contingency: Fed The Federal Reserve said Thursday that banks are well capitalized enough to endure a severe recession but stand to lose $541 billion if the economy heads south. The findings came …

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WHO Pandemic Treaty CANCELLED?

https://twitter.com/pepedownunder/status/1675092080211935241?ref_src=twsrc%5Etfw https://voiceforscienceandsolidarity.substack.com/p/who-and-the-pandemic-threathy-is h/t S-man

Translation: “Depression Incoming”

by BoatSurfer600 Inflation could be headed for a big drop, and prices could cool significantly without the US having to deal with a recession, according to Bank of America. Strategists pointed to the inverted 2-year and 10-year Treasury yield curve, …

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