causing

Cannabis to be moved to Schedule III Causing massive spike in MSOS and US Marijuana Companies

The HHS is recommending cannabis to be moved from Schedule 1 to Schedule III. This will remove the 280E tax burden on the US marijuana companies and allow for up-listing to the NYSE and NASDAQ. https://www.bloomberg.com/news/articles/2023-08-30/hhs-calls-for-moving-marijuana-to-lower-risk-us-drug-category?leadSource=reddit_wall ​ https://www.marijuanamoment.net/top-federal-health-agency-says-marijuana-should-be-moved-to-schedule-iii-in-historic-recommendation-to-dea/ Important to note that it’s not a surefire thing that it’ll be rescheduled to III. This is …

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Uncoordinated central banks causing risk in today’s economic climate.

The biggest risk that today's pundits are universally ignoring is the fact that unlike during the pandemic, all of these central banks are now totally uncoordinated in their actions – some pausing, some tightening, some easing. Which will make this a TOTAL CLUSTERFUCK. pic.twitter.com/JDo7PGE1NF — Mac10 (@SuburbanDrone) August 16, 2023 Global tightening, debt, tech bubbles, …

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10-year Treasury yield rises due to stronger economic data, causing significant headwind for equities. De-risking signals across leading industries and sectors.

The 10-year Treasury yield has been rising aggressively on the back of stronger-than-expected economic data This is a major headwind for equities pic.twitter.com/C0Xc2ZAf8x — Bravos Research (@bravosresearch) August 14, 2023 https://twitter.com/WinfieldSmart/status/1691087531813515264 #Bonds are starting to look bad… US Treasury term premia (black) are breaking higher and pushing 10y yields up (orange). This isn't good for …

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Excessive money printing has raised prices above long-term core trend, causing permanent higher prices, cost of living, and poor and middle-class burdens.

Reality is all that previous excessive money printing has goosed up prices far above the long term core trend. And only a hard landing would even have a shot at bringing it back to trend, otherwise the future is clear: Permanent higher prices and cost of living with wages not having kept up. And the …

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Hurry Now While Stocks Last!! New Covid Variant EG.5 Causing 17% Cases In US

‘There’s a new coronavirus variant topping the leaderboard in the United States: EG.5. Nationally, EG.5 is causing about 17% of new Covid-19 cases in the country, compared with 16% for the next most common lineage, XBB.1.16, according to the latest estimates from the US Centers for Disease Control and Prevention.’ https://edition.cnn.com/2023/08/09/health/covid-variant-eg5/index.html WHO classifies EG.5 as …

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Self made crisis: “Italy surprises markets with the announcement of a 40% ‘windfall’ tax on banks”

Italy intentionally causing a banking crisis? 🤨 "Italy surprises markets with the announcement of a 40% 'windfall' tax on banks" pic.twitter.com/HGycE4y8ud — Financelot (@FinanceLancelot) August 8, 2023 ⚠️ 𝗜𝗧𝗔𝗟𝗜𝗔𝗡 𝗕𝗔𝗡𝗞𝗦 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗣𝗨𝗠𝗠𝗘𝗟𝗟𝗘𝗗 Full Story → https://t.co/XK4Cljl110 An index of euro zone banks .SX7E fell as much as 3.4% on Tuesday, after Italy approved a 40% …

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German industrial output drops 1.5% in June due to weak manufacturing and construction, causing a 6th-low output

GERMAN INDUSTRIAL PRODUCTION YOY SA ACTUAL -1.7% (FORECAST -0.2%, PREVIOUS 0.82%) $MACRO — FinancialJuice (@financialjuice) August 7, 2023 OUCH! German industrial woes endure as output drops to 6mth low. Industrial output plunged 1.5% in June MoM on the back of weak manufacturing & even weaker construction. In Q2, output almost completely gave back the gains …

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The Increasingly Erratic Behavior Of The Sun Is Causing Disasters Of Biblical Proportions All Over The Planet

by Michael High temperatures are not supposed to go above 100 degrees Fahrenheit in South America in the middle of winter.  That is not supposed to happen.  But it is happening.  In fact, we are witnessing some really freakish things happen all over the globe right now.  The increasingly erratic behavior of the giant ball …

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In June, folks earned a bit more in, spent more, causing PCE, excluding food and energy (the Fed’s barometer for if inflation is still growing) to jump up .2% for the month and 4.1% year-over-year. Still more than DOUBLE the Fed’s target of 2%!

by Dismal-Jellyfish https://www.bea.gov/news/2023/personal-income-and-outlays-june-2023 Wut mean?: In June, people earned $69.5 billion more, which is a 0.3% monthly rise–more money earned more money to spend, adding to inflation… Prices of things people bought (PCE price index) went up slightly by 0.2%. Even if we leave out the usually volatile food and energy prices (like the Fed does …

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“Weight Loss Drug” Causing Stomach Paralysis

by Chris Black It was totally insane to put these on the market. Taking a drug for weight loss is like taking a drug for driving too fast. Like, imagine taking a drug to change a behavior. Of course it’s going to be unsafe. Turns out that Big Pharma's weight-loss drugs Ozempic and Wegovy can …

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US government’s old leadership perpetuates power struggles, causing upsetting scenes.

We don’t have leaders. We have puppets and puppet masters. pic.twitter.com/r9Eh1UvmqG — End Wokeness (@EndWokeness) July 26, 2023 In America we have people making policy who will never lie to see the end results of. We need mandatory retirement for government officials in politics. That includes Trump, Biden, Pelosi, and McConel. The same politicians who …

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It Begins . . . 200 School Districts Sue Social Media Giants for Causing Mental Health Problems in Students

WASHINGTON (TND) — Schools are taking on social media giants including Facebook, TikTok, Snapchat, and YouTube, asserting that the platforms have caused their students harm – particularly regarding issues like cyberbullying and mental health issues linked to social media usage. Approximately 200 school districts have joined the lawsuit against the platforms’ parent companies so far, which has been …

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Weight Loss Drug Ozempic is causing ‘Stomach Paralysis’

‘Following reports of sunken faces, muscle mass loss and malnutrition with Ozempic, another rare side effect has popped up: severe gastroparesis, or stomach paralysis. Ozempic, a glucagon-like peptide receptor agonist approved for Type 2 diabetes, works by mimicking GLP-1 to suppress appetite and delay the passage of food in the stomach. Some patients told CNN …

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Monetary and fiscal policies diverge, causing debt costs to rise.

Following the COVID era, we have entered a period of fiscal dominance among major developed economies. Hence, the escalating debt burden is already near historical levels and compounding at an alarming pace. — Otavio (Tavi) Costa (@TaviCosta) July 22, 2023 Quantitative tightening policies are the central banks' own version of an illusionary “debt ceiling”, a …

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Tornado strikes Chicago, causing thousands without power and hundreds of flights are canceled

Thousands are left without power and hundreds of flights are canceled after tornado mega cluster thundered through Chicago ripping off rooftops and uprooting trees At least eight tornadoes touched down in four counties in northeastern Illinois The brutal weather forced O’Hare and Midway airports to halt all air traffic A mega cluster of tornadoes and …

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Fed plans to start dramatically reducing BTFP & OCE liquidity, causing the banking crisis in September; Fed’s Bullard stepping down in August

Total BTFP & OCE didn't drop this week. The Fed paused pulling liquidity from the banks Now that we know Bullard is leaving the Fed on Aug 14 that's the likely target week when the Fed plans to start dramatically reducing BTFP & OCE liquidity, causing the banking crisis in Sep🤫 https://t.co/lwuGir9xCj pic.twitter.com/om91NKrS9u — Financelot …

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This research paper from Kansas City Fed is causing the huge sell-off in Treasury bonds.

by DesmondMilesDant Caption: Fed paper https://www.kansascityfed.org/researc… – Caption: Link to article : http://archive.today/HRKGd   The Fed’s decision to keep rates low for longer than markets are currently pricing in could have major implications for stocks. If inflation does not begin to pick up until 2026, as the new paper suggests, it could mean that the …

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China’s re-opening weakens, causing a sharp pullback in equities.

“China’s weaker than anticipated re-opening has caused a sharp pullback in Chinese equities Chinese stock valuations, relative to that of the US, are now at historically low levels” China's weaker than anticipated re-opening has caused a sharp pullback in Chinese equities Chinese stock valuations, relative to that of the US, are now at historically low …

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Oversupply of vehicles leads to manufacturers cutting prices, with 5 million unsold cars causing a drop.

“Car prices are about to drop, an oversupply of vehicles will lead to manufacturers slashing prices. There are too many cars and not enough buyers. UBS reports that the production of cars is outpacing sales by 6%, this leaves about 5 million cars just sitting around, unsold. To sell these cars, manufacturers might have to …

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Central banks debasing and FIAT currencies plummeting in precious metals, causing a perfect gold storm.

by BoatSurfer600 We are seeing what can be expected at this stage, i.e. central banks taking turns debasing and FIAT currencies plummeting with regards to precious metals and purchasing power. The perfect gold storm is now here Source: https://kingworldnews.com/crude-oil-will-soar-to-at-least-250-300-and-the-perfect-gold-storm-surge-to-10000-15000/

The auto market collapse is intensifying, leading to a car price crash. Car repos are causing fear in banks

https://www.youtube.com/watch?v=dsYVIyTMdjQ A car market crash of unprecedented proportions has started to unfold, and the price declines we’ve seen so far in 2023 are nothing compared to what is coming next. According to analysts at UBS and Cox Automotive, an oversupply of vehicles is causing a price war that can trigger a crash much worse than …

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Millions of crickets have invaded Elko, blocking hospital access and causing problems…. “sounds like it’s raining”

Invaders have taken over parts of the US state of Nevada — but they’re not body-snatchers or aliens; they’re crickets. Millions of Mormon crickets are swarming the town of Elko, covering roads and houses — even blocking hospital access. Residents say they are fed up with the ground-dwelling creepy-crawlies. “You feel super violated,” Colette Reynolds …

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Canada Wildfires Causing “very unhealthy” air quality all over the NE. New York City has the worst air quality in the world.

Canadian wildfires continue to spread, setting off health alerts in New York and Ottawa. Current air quality levels in NY are 10 times higher than the WHO guidelines. Take a look at NY's sunrise today:pic.twitter.com/QC0rJv6tVq — Steve Hanke (@steve_hanke) June 7, 2023 New York City has the worst air quality of any major city in …

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