Independent thinking for complex markets and current events
Great, let the Fed cut rates. It's already doing QE in the form of the BTFP and cranking back up O/N repos. Gold, silver and mining stocks will do a moon-shothttps://t.co/HwFowOoggs https://t.co/DosPFhP7VR — Dave Kranzler (@InvResDynamics) November 15, 2023
via boredbat: The Fed keeps a close eye on several risks that could make its job of taming inflation even more difficult, such as red-hot consumer demand keeping some upward pressure on prices and the possible effects of geopolitical tensions in the Middle East on oil prices. But the US central bank also pays close …
by Michael If someone attacks your troops 46 times in less than a month, you are at war with them. But the Biden administration certainly does not want to admit that we are at war with Iran. We are heading into an election year, and many Americans don’t want to hear that we are involved …
https://www.youtube.com/watch?v=aRUEJcosvC8 Phase two of the housing bubble burst is officially here. A major reversal has started as sellers continue to slash prices amid rising mortgage rates. A wave of price cuts is about to change everything in the market, especially with inventory levels increasing while demand is falling off a cliff. This is the turning …
The 2008 financial crisis ushered in the era of central bank intervention. What began as emergency measures, meant to rescue the economy after the bursting of the housing bubble, has turned into a permanent policy. The Federal reserve slashed its interest rate to zero, and kept it there for seven straight years. In addition, it …
by Chris Black This sh*t is pretty hardcore. I’m kinda surprised this is even allowed in California. I mean, women prostituting themselves in broad daylight, in front of kids…come on, man… New York Post: Emboldened by new California laws that make it nearly impossible for cops to bust prostitutes, sex workers in Los Angeles’ red …
by Chris Black Don’t they receive like hundreds of billions from the US, where did all that money go to? The Israeli army is close to exhaustion after 18 days of war, according to the US The operation in the Gaza Strip could take months, require significant military forces, and “the Israeli army is already …
From a government spending perspective, the increasing tensions between Israel and Hamas arguably carry an even greater significance. Unlike the Russia-Ukraine war, the recent conflict will likely receive bipartisan support for additional military aid due to Israel's strong… pic.twitter.com/gbvZW5MqKq — Otavio (Tavi) Costa (@TaviCosta) October 9, 2023 Winners: Weapon-makers: Lockheed Martin (LMT) gains +8.93% General …
by KenBalbari I don’t think so, no. I think many are still leaning to the soft landing scenario. Clearly there is no recession yet, but if there is going to be one, I think it will be mainly top down, starting with further declines in corporate profits, eventually leading to a weaker jobs market. Bond …
Meatball, the rioter who live-streamed as she looted in Philly, is already out of jail pic.twitter.com/REOZYpcJ4M — End Wokeness (@EndWokeness) September 28, 2023 https://twitter.com/PhillyCrimeUpd/status/1707423433972158540?ref_src=twsrc%5Etfw Dayjia Blackwell, aka known as "Meatball," posted livestream videos inciting #BLM rioting and looting in Philadelphia. She was one of the approximately 20 who was arrested following mass looting targeting a …
by Chris Black You’d think the West would have stopped the sanctions when they realized they were actually helping Russia. But I guess they wanted to continue them to punish their own population…? “Sanctions harm Europe no less than Putin”: Britain admitted that the idea of defeating Russia with sanctions was crazy. “Sanctions hurt, but …
Brigadier General Christian Freuding gives a clear message on his visit to Ukraine: We are ready and prepared for a long-lasting war. The aid to Ukraine is already financially secured until 2032! PS: Can you finally stop thinking that Germany won't let Ukraine liberate Crimea? https://t.co/TIpdfbP02F pic.twitter.com/EemPED0QKh — German Aid to Ukraine (@deaidua) September 10, …
Default rate on credit card loans from small lenders is now higher than: Dot Com bubbleFinancial CrisisC-19 Buckle up. pic.twitter.com/1dBkzHOI1X — Bravos Research (@bravosresearch) September 7, 2023 Americans are defaulting on their credit cards and auto loans at levels not seen since the financial crisis. The current accumulation rate of credit card debt may lead …
https://www.youtube.com/watch?v=ukd4IwZLF8o Two of the world’s biggest credit card issuers, Visa and Mastercard, are warning about an impending credit card crisis, and consumers should be on high alert because fee hikes will start being introduced over the next 30 days. Both payment technology companies said they also intend to raise credit card fees paid by merchants …
via Mike Shedlock Surprise, surprise. Subsidies were not enough to make Biden’s energy projects profitable. The Coming Green Energy Bailout Taxpayers will soon be on the hook for The Coming Green Energy Bailout The Inflation Reduction Act (IRA) includes hundreds of billions of dollars in subsidies for green energy, yet now renewable developers want utility rate-payers …
by 2201992 Biden has requested 12 billion. Any aid package is required to start in congress. Specifically the House of Representatives which is controlled by Republicans. Kevin will need to call for a vote on a bill for Hawaii. Email and call your reps to get their asses working on an aid package. Ukraine has …
by UniversalSurvivalist Wikipedia’s main entry blames high temperatures and heatwaves for the wildfires: Since 17 July 2023, multiple wildfires have started in Greece. They have resulted in at least 35 deaths and injured more than 20 people, with over 80 wildfires being recorded. High temperatures have reached 41.0 °C (105.8 °F), with highs anticipated to reach 45.0 °C (113.0 °F) in …
by Michael Not another one. As I have repeatedly warned my readers, leaders all over the globe seem to have come down with a really bad case of war fever. Instead of sitting down and attempting to find solutions through diplomacy, many of our leaders seem quite eager to use military force to settle matters …
ECB President Christine Lagarde CBDC Will Be Used For Control 🚨🚨🚨Cash transactions above 1,000 Euros already banned. Jail or fines if you are caught. With CBDC Euro, there will be controls. Maybe transactions 300-400 Euros won't be controlled. Anything above will be. 🔊 pic.twitter.com/MeAucmoK9H — Wall Street Mav (@WallStreetMav) August 18, 2023 https://twitter.com/_/status/1689287773591629825
Minneapolis Federal Reserve President Neel Kashkari expressed concerns about regional banks, especially after a recent banking crisis. At a town hall, when asked about new capital requirements for banks with assets over $100 billion, he felt the measures might not be stringent enough. This commentary coincided with a 2.4% drop in the SPDR S&P Regional …
by Chris Black If, at any point before February of 2022, someone would have said “I think the Ukraine, an impoverished former Russian territory with a population of 40 million people, can attack and destroy Russia, a superpower nation with 150 million people,” people would have just blinked at you. Somehow, it became gospel that …
by Hephaestus4 Japan is selling U.S. treasuries and buy back Yen to defend its currency. This is not good for the U.S. as we go into a “doom loop”. Rates will continue to rise on the long end of the curve, which makes borrowing costs go up…which means more borrowing to keep this BS game …
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 deficit, which it anticipates “will …
The next generation is already lost… pic.twitter.com/30isPxeNOJ — illuminatibot (@iluminatibot) July 30, 2023
Hunter Biden ‘broke the law,’ Democrat Rep. Jim Himes says. The Democratic wall of silence surrounding Hunter Biden is beginning to crumble — with a prominent congressman admitting that President Biden’s troubled son is a crook who should be “held accountable.” “Let me say something that you never heard a Republican member of Congress say in …
OK, now that this chart has triggered Recession Deniers who wouldn't know The Cycle if it punched them in the face… here's the entire historical time-series, including, the IP Recession we entered in June How much lower from here? A: No one knows. But it's not stopping today pic.twitter.com/gcvashiaPt — Keith McCullough (@KeithMcCullough) July 26, …
by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t covered by federal insurance*. \When banks incorrectly report uninsured deposits, it could create a perception …
User engagement on Threads has continued to fall after an initial surge in sign-ups, putting pressure on parent Meta Platforms META -2.83%decrease; red down pointing triangle to roll out new features for its nascent microblogging app. https://www.wsj.com/articles/threads-user-engagement-continues-to-drop-adding-urgency-for-new-features-8ed2f384 https://archive.ph/8cO4F
Very interesting video…. https://twitter.com/_/status/1681573098217254912 You are going to see a lot of restrictions soon with this Travel by car and plane Food will be less varied and abundant You will need a garden Manufacturing will be restricted Anythin that emits carbon will be restricted Earlier today, I drove around Toronto attending meetings about climate change. …
by Michael Global food supplies just keep getting even tighter, and global hunger has risen to extremely alarming levels. People on the other side of the world are literally starving to death as I write this article, but most of us in the western world simply do not care about the millions that are deeply …