Independent thinking for complex markets and current events
By Graham Summers, MBA Treasury Secretary Yellen wants stocks and bonds higher. The reason is simple. Next year 2024 is an election year. And Yellen is a playing politics for the Biden Administration. After all, it’s hard to convince voters to re-elect someone when their 401(k)s are shrinking by the week. This is why Secretary …
First comes the shock to T-Bill yields, then comes the shock to jobless claims. pic.twitter.com/DWIf9dN7S6 — Jeff Weniger (@JeffWeniger) November 1, 2023 This is THE US tightest monetary policy seen since the 1980s Something is bound to break pic.twitter.com/vbr6Y44x3r — Bravos Research (@bravosresearch) November 1, 2023 S&P 500 closed just under the 200D moving average. …
“All the war-propaganda, all the screaming and lies and hatred, comes invariably from people who are not fighting.” ― George Orwell https://t.co/fMJhgZ2iIr — The Rabbit Hole (@TheRabbitHole) October 21, 2023 Where does this end? pic.twitter.com/9s8UuwVMmO — Ian Miles Cheong (@ianmiles) October 21, 2023 We are in WWIII…and most people are too dumb and blind to …
By Graham Summers, MBA As I noted yesterday, the great debt crisis of out lifetimes is approaching. The U.S. is now adding debt at an exponential rate. The U.S. racked up its first $10 trillion in debt over the course of 232 years. Following the Great Financial Crisis, it added another $10 trillion in just …
…and you have research for this virus in Maryland. AC
https://www.youtube.com/watch?v=z4loSOL6JuY Yes let’s sugar Coat Another Clinton Campaign …. next month she’ll be on the ballot Of course they are intertwining it with Climate Change .. AC
R.I.P. Lampedusa, Italy. Once a quaint little island with 6,000 residents. This is the result of the greatest betrayal in history. Our grandchildren will hate us.pic.twitter.com/ihpo7bTQ8s — End Wokeness (@EndWokeness) September 14, 2023 Clashes in Lampedusa now. Soon this will happen in your neighborhood in Europe https://t.co/drJGG33zBu pic.twitter.com/04ZBhuiqqa — RadioGenoa (@RadioGenoa) September 14, 2023 h/t …
At Apple, we believe that climate change is one of the world’s most urgent priorities and we are deeply committed to doing our part. Today we had a special guest—a real force of nature—stop by to check on our progress. pic.twitter.com/neLSEqPmGu — Tim Cook (@tim_cook) September 12, 2023 Well, this is precisely what Apple has …
🚨🇮🇱🇺🇸 Israeli Prime Minister Benjamin Netanyahu has no plan to meet Biden in his trip to the US yet, but will fly to the heart of Silicon Valley to meet X owner Elon Musk instead. pic.twitter.com/5lcxemlaWr — Terror Alarm (@Terror_Alarm) September 14, 2023 I told @elonmusk he would have better luck with the DOJ if …
https://twitter.com/NorthmanTrader/status/1699771572180090967 China dumping its US Treasuries while converting Yellen Bux into gold doesn’t bode well for the dollar’s long run as the world’s reserve currency Estimated Chinese Official Gold Reserves Cross 5,000 Tonnes via Gainesville Coins: My estimate for China’s official gold reserves reached 5,029 tonnes by the end of June 2023. In the first …
British Army in Manchester https://t.co/drJGG33zBu pic.twitter.com/ZjyXVu6c7i — RadioGenoa (@RadioGenoa) September 6, 2023 h/t A Deplorable Neanderthal
by Dismal-Jellyfish source: https://www.marketwatch.com/story/china-evergrande-collapse-shows-need-for-1-trillion-beijing-rescue-plan-says-clocktower-strategist China Evergrande Group’s EGRNF, bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate market, says Clocktower Group’s Marko Papic. China’s second-largest property developer asked a Manhattan court on Thursday for protection from creditors under Chapter 15 of the …
TEXAS has announced plans to charge vehicle owners a $200 annual fee, as well as a $400 one-time fee for new owners. The law, signed by Governor Greg Abbott, is set to take effect on September 1 of this year. Those who have an electric vehicle will be responsible for paying the new annual fee …
by Ed Driscoll HOW IT STARTED: Next mayor wants NYC to be even more of a ‘sanctuary’ for illegal immigrants. Every single one of the eight Democrats running for mayor vowed to protect illegal immigrants from deportation, solidifying the Big Apple’s often infamous status as a “sanctuary city.” * * * * * * * * …
NYTIMES: F.D.A.’s Drug Industry Fees Fuel Concerns Over Influence The pharmaceutical industry finances about 75 percent of the agency’s drug division, through a controversial program that Congress must reauthorize by the end of this month. h/t C3PO-Leader
via gothamist: Immigrant advocates and members of the City Council are throwing their weight behind a budget-threatened, first-of-its-kind childcare program for low-income immigrants who lack permanent legal status. The exclusion of the program Promise NYC from Mayor Eric Adams’ executive budget for the next fiscal year was at the center of a City Council hearing and rally …
by Chris Black If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem. >do usury >debtors don’t pay what they owe >debtors remove lenders >??? >profit Americans are not paying off their credit-card debt, per MarketWatch. — unusual_whales (@unusual_whales) June 6, 2023 Just wait until …
