Independent thinking for complex markets and current events
by Chris Black The US invaded and occupied Afghanistan for 20 years. The one consolation is that when they surrendered and fled the country (leaving it totally destroyed), they left behind billions in equipment. The Taliban said they would not sell the equipment to terrorists, and I don’t think they did (directly). But they can’t …
From Peter Reagan at Birch Gold Group Corporate media headlines like Biden’s Economy Is the Best Ever or The Bidenomics Success Story leave one big question unanswered… Who is better off? (Lest we forget, “the economy” isn’t a citizen.) Are you better off than you were thirty months, two and a half years ago? Let’s set “the economy” aside for a moment. It’s easy to …
🚨SHOCK POLL: Rob DeSanctimonious plummets to FOURTH PLACE in New Hampshire as Listless Vessels tell him to shove it!🚨 https://t.co/srTNRkyQt6 pic.twitter.com/MtNKQTQicd — Jason Miller (@JasonMiller) August 21, 2023 AC
We cannot live with a decade of more of the same. Britain is extremely vulnerable to any mishap – a crack in the housing market, a crisis in the financial markets, another energy crisis. https://www.theguardian.com/commentisfree/2023/aug/13/uk-stop-kidding-ourselves-rich-nation-gone-bust
by Simon Black “Scary” is the word that the Wall Street Journal used this weekend to describe the looming financial crisis in the US. They said bluntly, “Washington has laid the seeds of a crisis that Wall Street can no longer ignore.” I’ve been writing about this for 14 years; back then, it was highly …
https://twitter.com/NorthmanTrader/status/1691133559824699395 https://twitter.com/NorthmanTrader/status/1691142197314207744 Most recently, the Fed said they no longer expect a recession. JP Morgan agreed with them. Can the Fed really achieve a soft landing with 7%+ mortgages, $1 trillion in credit card debt and soaring bankruptcies? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 15, …
It’s not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the top rating from Fitch. According to the firm, it’s going to take a major step up in governance. Fitch Ratings cut the United States’ long-term foreign currency issuer default rating to AA+ from AAA on …
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 …
Western economists have repeatedly foretold for nearly two decades that a financial crisis would strike at the drop of a hat in China. In particular, as China enters the post-epidemic era of 2023, the debt level of its financial system has been shockingly high. Economic indicators calculated according to Western economics show that China’s financial …
The Philadelphia gunman who left five dead has been unmasked as a cross-dressing Black Lives Matter supporter who made chilling Facebook posts about ‘evil spirits.’ Kimbrady Carriker, 40, shot dead four men and a 15-year-old boy in the Kingsessing neighborhood on the eve of the Fourth of July. He is in custody and facing multiple …
Musk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest People “The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023. Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg. It …
It keeps getting worse. – Assistant US Attorney Derek Hines, who signed off on charging documents against Hunter Biden, formerly worked as a special counsel to Louis Freeh – As previously revealed by DailyMail.com, ex-FBI director Freeh and his firm worked closely with Hunter on a $3M job consulting Romanian Gabriel Popoviciu – GOP Senator …
It's so clear Fox's firing of Tucker was not just financially driven, bereft of the Murdochs' and Paul Ryan's ideological goals. Firing Tucker destroyed its prime-time ratings. There's no argument Tucker's twice-a-week Twitter postings compete with Fox. They want him silenced. — Glenn Greenwald (@ggreenwald) June 20, 2023
by EasyNewzApp The monsoon is falling behind, sugar will be the first commodity to take notice. Keep an eye on this developing story, it could prove material for wheat, rice, ethanol, and vegetable oils prices later this year. The India Meteorological Department provides the below link tracking the arrival of the seasonal monsoon. Many crops …
