Independent thinking for complex markets and current events
Claim: Bidenomics is working because prices are going down. “Bidenomics is indeed working when – when we say that — you look at the data, right? Cost is going down, right? We think about inflation,” White House press secretary Karine Jean-Pierre said in an interview this week. Verdict: False. In general, products and services purchased …
Keep this in mind when you hear, "The consumer is strong." Just because they're spending, doesn't make them strong. — Frank Iozzo (@RetireWithFrank) August 11, 2023 Not something you want to see if federal reserve interest rates have skyrocketed over 6,000% in a year pic.twitter.com/YWDP0lfZtn — Market Radar (@themarketradar) August 10, 2023
Nadine Dawkins, 59, and her husband Kim, 61, have bought a house in the town of Latronico They decided to leave America following murder of George Floyd in 2020 Nadine said the ‘racism’ and ‘divisiveness’ of the Trump administration had led to an exodus of black people from the US A family in Texas is …
https://twitter.com/_/status/1689176155562143744 https://twitter.com/_/status/1689364820145958912 h/t Cannabis Kills People!….
Retired federal judge J. Michael Luttig said Wednesday on “CNN This Morning” that “American democracy” was in grave peril because there is no Republican Party. Anchor Poppy Harlow asked, “Judge, you told our colleague after the latest indictment came down last week, these are as grave offenses against the United States as a president could …
by Chris Black I’m really glad race relations are getting so much better, what with all of this money pouring into the black community. Especially in St. Louis – things are just getting better and better, as we really see the utopia unfolding.
by No_Impact_2920 No, because it would be a violation of your first amendment rights. So why is this behavior allowed on website platforms? If a site is designed for communication, it should follow the laws of the constitution. Other companies can’t discriminate, why should websites be able to do so? I’ve noticed a trend of …
This market melt-up is in the glue sniffing stages. It won't be pretty on the way down. Momentum in. Momentum out. pic.twitter.com/z3tlx4DAe8 — Mac10 (@SuburbanDrone) July 28, 2023 Today's pundits all make linear predictions. No one is willing to say this WILL all explode. Because they could lose credibility. So, they risk everything instead. The …
“Bewildering” and “terrifying” is how some people are describing their sudden allergic reaction to their favorite red meat. What Causes Someone To Be Allergic To Red Meat? According to the Associated Press, as many as 450,000 Americans are now believed to have developed a red meat allergy after they were bitten by ticks. The Mayo Clinic …
What would happen if a white politician said this about blacks? pic.twitter.com/HV0zYe5ISo — End Wokeness (@EndWokeness) July 27, 2023 h/t BFD
Harriet Hageman dropping truth bombs: "There's a 100 percent failure rate for sex change operations, isn't there? Because it's not possible to change your sex." pic.twitter.com/DyGlMrYup9 — Citizen Free Press (@CitizenFreePres) July 27, 2023
by Chris Black This guy tries to buy a bike but doesn’t understand that self check-out doesn’t take cash, Target employees call the cops on him and he’s arrested. This is comically evil if you ask me. A man gets arrested for trying to buy bike at Target! The APD police officer is fired for …
by DesmondMilesDant Europeans are facing a new economic reality, one they haven’t experienced in decades: they are becoming poorer, per WSJ — unusual_whales (@unusual_whales) July 25, 2023 https://twitter.com/runews/status/1683903111046234122
via Mike Shedlock Everything has gone right for homebuilders for a long time. How much better can things get? $SPHB S&P 500 Homebuilder Index courtesy of StockCharts.Com, annotations by Mish What Went Right? A hyperactive Fed with extremely loose monetary policy and repetitive rounds of QE until it finally ended on March 9th, 2022 the …
In a recent lawsuit settlement, Herman Grim was awarded over $2 million by the state of New York after claiming that a test he failed three times was racially biased, favoring certain groups over others. While the settlement has sparked debates about racial disparities in educational assessments, many argue that labeling the test itself as …
by Michael If you want to believe that propaganda that is coming from the Biden administration, you probably won’t want to read this article. Joe Biden insists that “Bidenomics” is working and that a wonderful new era of peace and prosperity is just around the corner. Meanwhile, inflation is out of control, homelessness is rising to very …
by Chris Black How incompetent is this government, actually? How are we supposed to trust these people to run the world? LMAO: US military emails end with “.mil” -> Mali’s emails end with “.ml” Millions of US military emails have been misdirected to Mali through a “typo leak” that has exposed highly sensitive information, including …
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 …
Indonesia is stopping mineral exports so that they can refine them in country, and also create industries that use the metals in country. The IMF doesn’t like that. via asiatimes JAKARTA – Indonesia is under rising fire at the World Trade Organization and by the International Monetary Fund (IMF) for the government’s seemingly haphazard policy …
by Chris Black Russians have been bombing themselves in Donbass since 2014, blew up their own Nordstream pipeline, bombed their own Kerch bridge, blew Kakhovka dam and flooded Kherson, and were shelling themselves for months at the Zaporizhzhia Nuclear Power Plant. Of course they’re now going to blow themselves up at the Zaporizhzhia NPP. Now …
If SCOTUS was serious about their ludicrous “colorblindness” claims, they would have abolished legacy admissions, aka affirmative action for the privileged. 70% of Harvard’s legacy applicants are white. SCOTUS didn’t touch that – which would have impacted them and their patrons. — Alexandria Ocasio-Cortez (@AOC) June 29, 2023 “AOC just said since “70% of Harvard’s …
I rarely mention the official debt (or the $200T real debt) because we owe it to ourselves, and have a printing press, or something, but I always want to know: 𝐖𝐡𝐞𝐫𝐞'𝐬 𝙤𝙪𝙧 𝐇𝐨𝐨𝐯𝐞𝐫 𝐃𝐚𝐦? What'd we get for this besides creating a record number of billionaires? pic.twitter.com/Wd6kaGJ2qF — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) March …
by Chris Black What a hero. I’ve had it up to here with this “science” and its incessant beeping noises. Annoyed janitor turns off super-cold freezer, destroying decades of scientific work and causing at least $1M in damages: lawsuit https://t.co/Ffqt9Dvj4O via @nypost — Roy Rogers (@Roy_rogers_) June 27, 2023
This is called gaslighting. pic.twitter.com/LmyJatlxTH — STORM (stealer of memes)🇺🇸🍊 (@StealerStorm1) June 26, 2023 Biden spokeswoman Olivia Dalton: "The president's economic policies are incredibly popular!" pic.twitter.com/leM4PXBQ05 — RNC Research (@RNCResearch) June 27, 2023
A property developer who has been operating in crime-ridden Portland for four decades says that he’s pulling out of the city because he has ‘nothing left in the tank’ after recently selling one property for nearly half its listed value. Kevin Howard, 75, told KATU in a recent interview that the property in question had …
by BoatSurfer600 WASHINGTON, June 22 (Reuters) – U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are …
via WSJ: The Beltway press corps spent the week quoting “experts” assuring the public that Hunter Biden’s plea deal didn’t amount to special treatment. You can believe that, or you can read the sworn testimony of Internal Revenue Service investigators who say the opposite. House Ways and Means Chairman Jason Smith on Thursday released the testimony of Gary Shapley and …
via redstate: Gaetz: Have you ever heard of the Washington Generals? Durham: The Washington Generals? Yes. Gaetz: And they’re the team that basically gets paid to show up and lose, right? Durham: (Laughing) I’m sure that the players who exert blood, sweat, and tears don’t view it that way, but you might. Gaetz: I think …
I think another miscalculation they’ve made is that shopping is also partially a social activity. Grab some friends, go shopping, make some impulse purchases, have lunch, catch a matinee, and so on, is much more than just “buying stuff”. via WSJ: Nike and others are selling through traditional retailers they once shunned When Nate Checketts …
by Chris Black Any single place where women are banned is a threat to all women, everywhere. They actually expect you to believe that the only reason male-only spaces ever existed was because men held an irrational hatred of women, for no reason. Has that been your experience? The Guardian: Mild signs of a potential …