Independent thinking for complex markets and current events
Authored by Mike Shedlock via mishtalk, Powell says risks to inflation are to the upside. Risks to labor market are to the downside. The Fed’s live Press conference was interesting. I made some notes. Someone marked the YouTube I posted as “private”. You can Replay the Video from the Fed website. Powell Comments Its a “challenging, unusual …
Rep. Mike Simpson: “We better put a lot more money into dental education because we’re going to need a whole lot more dentists [if we ban fluoride].” The rebuttal was too easy for Kennedy. RFK Jr.: “We now know that virtually all the benefit is from topical, and we can get that through mouthwashes. We …
I’ll help pay for the one way tickets. They’re losers that deserve to be forced to live up to their promises. — Gunther Eagleman™ (@GuntherEagleman) November 15, 2024
NEW: @joerogan says the establishment is "terrified" of @realDonaldTrump and @elonmusk's plan for a government efficiency agency. "That's why I think they're really terrified about Trump. He's not going to play the game." "He's talked about having Elon come in to do a… pic.twitter.com/LXOHfGWCDJ — KanekoaTheGreat (@KanekoaTheGreat) September 27, 2024 Trump's work with Elon Musk, …
🚨🇧🇷 BREAKING: BRAZIL BAR AND NOVO PARTY FILE TO OVERTURN MORAES’ X BAN You know you’ve gone too far as a Justice when the Nation’s Bar association goes after you.. The OAB (Brazilian Bar Association) and Novo Party are pushing Supreme Court Justice Nunes Marques to overturn… pic.twitter.com/uH13X9lvGG — Mario Nawfal (@MarioNawfal) September 5, 2024 …
https://twitter.com/GoldTelegraph_/status/179485642045175428 Starting on Wednesday, and for the first time since the early 2000s, the Treasury Department will launch a series of buybacks targeting seasoned and harder-to-trade debt. Then in June, the US central bank is set to begin tapering the pace of its balance-sheet unwind, known as quantitative tightening, or QT. The Fed’s first-line inflation …
Iranian missiles strike airbase in southern Israel. Follow: @AFpost pic.twitter.com/UNFCpp8zzP — AF Post (@AFpost) April 14, 2024 BREAKING – Iran attack 'ongoing': Israeli army pic.twitter.com/mYjGjhxWyc — Insider Paper (@TheInsiderPaper) April 14, 2024 As the world awakens to the echoes of explosions and the wails of sirens, a chilling reality grips the Middle East. Iranian missiles …
🍿POPCORN ALERT 🍿#JustDarioDaily ⚠️IS IT FINALLY $VIX SHOWTIME?👀 TL;DR: we discussed a lot about the risks of a “Volmageddon” to strike again, potentially much harder than in 2018. Is this about to happen? Full article in link👇🏻https://t.co/GeO8sjKbFa — JustDario 🏊♂️ (@DarioCpx) April 5, 2024 Banks don't keep all their cash in a vault – they …
In a legal drama that seems straight out of a suspense thriller, Judge Cannon has given the nod to two amicus briefs filed by Trump’s legal team in the ongoing classified documents case. This unexpected turn of events injects fresh energy into an already intense legal battle. One of the amicus briefs takes a hard …
JetBlue Airways Gary Leff at ViewFromTheWing.com found that JetBlue had offered to pay 350 pilots half of their maximum hours (or 2/3rds of average compensation) for the month of April to not fly at all. He points out that following the retirement of CEO Robin Hayes, and the entry of investor Carl Icahn, the carrier …
EXACTLY: “The platforms are not newspapers. Their censorship is not speech.” That’s from one of the opinions up for oral argument in the Supreme Court today. Quoted in “Supreme Court to Hear Free Speech Challenges to Social Media Laws/The tech industry argues that laws in Florida and Texas, prompted by conservative complaints about censorship, violate the First …
SAN DIEGO — Rescuers were battling heavy snow Wednesday to reach a Marine Corps helicopter carrying five troops that went down in the mountains outside San Diego. The CH-53E Super Stallion helicopter — the largest helicopter in the military, designed to fly in harsh conditions — had gone missing as an historic storm dumped heavy …
We got attacked, me and my colleague Aaron Mate, at The Grayzone. We got attacked in The Nation by Katha Pollitt, who’s sort of the voice of the Democratic Party, pro-Hillary feminism, for challenging Israel’s Hamas mass rape October 7th propaganda. h/t AndyS62
BREAKING: A fire is spreading in a district packed with restaurants in city of Kitakyushu, Fukuoka prefecture of Japan, prompting 20 firetrucks to scramble to the scene pic.twitter.com/117iC0FXx5 — Insider Paper (@TheInsiderPaper) January 3, 2024
via schiffgold: Bills filed in Florida and Oklahoma for the 2024 legislative session would create state precious metals bullion depositories. State-run bullion depositories would not only create a place to store precious metals; they could also encourage the use of sound money in those states and set the stage to undermine the Federal Reserve’s monopoly …
Guardian: Israel has failed The British Guardian newspaper writes that Israel lost the war, but Netanyahu and his radical cabinet do not want to admit it. pic.twitter.com/G4F9WIwrZz — Sprinter Press (@SprinterPress) December 23, 2023 via theguardian: Until recently the war narrative on Gaza has been very largely controlled by the Israel Defense Forces (IDF) and …
Trump calls for the impeachment and removal of Democratic Party politicians (Judge Engoron and Letitia James) for alleged abuse of public offices, while the bank Trump supposedly defrauded testifies that he did nothing wrong. Bank executive David Williams stated that adjusting financial statements to a certain extent is not unusual, raising questions about who Trump …
The notion of “excess savings” appears to be unraveling as the U.S. Savings Rate took a notable hit in September. We can cancel the "excess savings" idiocy In Sept, the US Savings Rate collapsed from 4.0% to 3.4%, the lowest this year, and the 4th month in a row of declines. And this is after …
With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 trillion in credit card debt, coupled with record-high interest rates of 25%, underscores the growing …
The financial landscape is showing signs of entering the second phase of the credit cycle, where financial institutions suddenly face the realization of credit losses. This is causing notable instability and liquidity challenges within the banking system. Simultaneously, many companies are struggling to meet their debt obligations. August was a particularly troublesome month, witnessing the …
Here’s a map of notable store closures in downtown San Francisco. As foot traffic has declined and theft has grown, stores are closing down. Yet another sign of the pain consumers are feeling from inflation. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/CKf75xUiB9 — The Kobeissi Letter (@KobeissiLetter) August 30, 2023