Michael Pento: The Monetary Juggling Act Continues, but the Clown’s Arms Are Getting Tired

via pentoport Advanced retail sales accelerated by 1% for the month of July, according to figures that are seasonally adjusted but not adjusted for inflation. Economists surveyed by Dow Jones were looking for a 0.3% increase. June sales were revised to a decline of 0.2% after initially being reported as flat. The Main Stream Financial …

READ MORE

CNN’S RATINGS ARE SAD: CNN Seethes With Envy as Trump-Musk Interview Crushes Failing Network’s Primetime Ratings: Meanwhile, Kamala Harris continues to hide from friendly journalists.

CNN and other liberal media outlets could hardly contain their jealousy on Monday after Donald Trump’s much-anticipated interview with immigrant job creator Elon Musk, owner of X (formerly Twitter) and other successful tech companies, enjoyed historic ratings. More than 1.3 million listeners tuned in live to hear the business titans discuss current affairs on the …

READ MORE

Supercore inflation rose 4.7% in June; Fed’s 2% target unmet for 39 months. Fight against inflation continues.

The Fed’s fight against inflation is still not over: Supercore inflation CPI increased by 4.7% year-over-year in June, slightly down from 4.8% in May. Supercore inflation is an important gauge that the Fed follows which includes Core services less housing. Despite the first… pic.twitter.com/iJoeD9yv1z — The Kobeissi Letter (@KobeissiLetter) July 31, 2024 Supercore Inflation: This …

READ MORE

CrowdStrike shares tumble as fallout from global tech outage continues

Guggenheim Securities analysts downgraded CrowdStrike stock, saying signings could be affected after Friday’s widespread outage of Windows computers stemming from a faulty CrowdStrike software update. Over the weekend, people posted photos of Windows devices that still needed attention. CrowdStrike shares slipped 13% during Monday’s trading session, as the cybersecurity software company continued to help clients …

READ MORE

America’s urban family exodus continues with the number of under-5 kids in NYC dropping 18% since 2020

EIG published the exact report last year, nothing too new here except mid-year 2023 data. if their numbers are right in both reports the splashier headline is that NYC lost 7% of its 0-5 year old population y/y. https://t.co/Z9MbSiwVEq — ASIDE (@AdamSeiden) July 10, 2024 The urban family exodus has had a significant impact on …

READ MORE

The mental health crisis continues.

The mental health crisis continues. https://t.co/HnF2w5fXxq — Scott Adams (@ScottAdamsSays) July 10, 2024 "THIS IS ABOUT KEEPING WHITE, MALE, AND CHRISTIAN DOMINANCE OUT!" Joy Reid is having another breakdown: pic.twitter.com/UOFiHJrsns — End Wokeness (@EndWokeness) July 10, 2024

Japanese Yen collapse continues as it falls to a new 38-year low against the U.S. Dollar

The Japanese yen has been experiencing significant weakness against the U.S. dollar. Recently, it reached a 38-year low of 161 yen against the dollar. This decline has raised concerns, prompting Japanese authorities to consider intervention in currency markets to stabilize the yen. The reasons behind this slide include signals from the U.S. Federal Reserve about maintaining elevated interest rates …

READ MORE

Life-threatening flooding continues; Flash Flood Emergency in effect until 5:30pm across South Florida.

6/12 at 4:10pm: ***Life-threatening flooding*** is now occurring with numerous non-stop reports coming in. A Flash Flood Emergency remains in effect until 5:30pm. We are now up to SIX Flash Flood Warnings across South Florida. SEEK HIGHER GROUND, GET OFF THE ROADS. https://t.co/0nCgu0V50L pic.twitter.com/G9hcWNobN4 — NWS Miami (@NWSMiami) June 12, 2024 A Life threatening flash …

READ MORE

Japan’s fiscal + monetary foundations are cracking. 2-year yield pumping, now over 0.4%. 3 decades of ZIRP and NIRP continues to end.

Japan's fiscal + monetary foundations are cracking. Everyone should be aware how a breakage will affect global capital flows and their family's wealth. $JPY pic.twitter.com/TCOWHUeGCt — IceCap (@IceCapGlobal) May 31, 2024 It looks like the #BOJ (Directly or through proxy bonks) is back at playing with currency swaps to tame the raise of the $JPY …

READ MORE

Lending situation continues loosening

Lending situation continues loosening Goldman pic.twitter.com/jWcf2pyula — Win Smart, CFA (@WinfieldSmart) May 6, 2024 This is the longest yield curve inversion since 1929 But the recession is still a no-show ht g.o.t. pic.twitter.com/x520TbUtPN — Win Smart, CFA (@WinfieldSmart) May 6, 2024

Windows Continues to Get Worse

Advertising is going to get even worse with more ads .. You can always install an AD blocker such as Ad-Block Ultimate to block most of those annoying ads. The Ghosterly Add-On also does an excellent job blocking these annoying ads. https://www.ghostery.com/

BLS continues to defy reality

🇺🇸 US Labor Market Condition Index -0.34% YoY. Unsustainable divergence, suggests downside to employment ahead! Chart: @MacroKova pic.twitter.com/Q7yFOIcBKd — Alex Joosten (@joosteninvestor) April 11, 2024 pic.twitter.com/5C9w5rCFsU — Jaybird (@Jaybird57747781) April 11, 2024 Job openings are back to May 2021 levels, down about 2% in the last 3 weeks, labor market continues to tighten on the …

READ MORE

The cultural revolution continues…

The Biden Administration Benches Female Athletes. “The Biden administration is poised to complete its radical rewrite of the U.S. Department of Education’s regulations on Title IX, the 1972 law that prohibits discrimination on the basis of sex in education. To label the administration’s proposed changes as highly controversial would be an understatement. One seismic change …

READ MORE

China continues to see its house prices fall

via notayesmanseconomics Yesterday evening I stopped to take a look at the twin towers at the Vauxhall end of the Nine Elms development which from the picture in my Instagram feed below look nearly complete. As they have changed hands they symbolise the problems that China is experiencing in the real estate sector and we …

READ MORE

The EV fire sale continues.

2024 Nissan Ariya Electric SUV Trim Prices Slashed by Thousands. The 2023 Nissan Ariya electric SUV had a starting price of $44,555 for the Engage front-wheel-drive trim. During our review we found that price to too high for the straightforward driving experience and middling range that the EV was offering up. It looks like the …

READ MORE

After being unseated as the world’s most valuable company, Apple continues to be in the wilderness.

Apple’s iPhone Woes in China Deepen With a 24% Sales Plunge Apple Inc.’s iPhone sales in China fell by a surprising 24% over the first six weeks of this year, according to independent research that may stoke fears about worsening demand for the marquee but aging device. The figures from Counterpoint Research add to pressure …

READ MORE

Birthrates Continues Free Fall Collapse Despite Hundreds of Billions in Incentives

by Chris Black This stands true for basically every industrialized/”liberal” country, and by liberal I mean so-called democracy. That’s because  there is no way to incentivize women to have kids. The Guardian: South Korea’s demographic crisis has deepened with the release of data showing its birthrate – already the world’s lowest – fell to a new …

READ MORE

It’s official: Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program is confirmed to expire but usage continues to rapidly pick up speed!

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm TLDRS: The Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 This past week, total outstanding amount of all advances from the liquidity fairy under the Bank Term Funding Program was $161,501,000,000 As of 10/31/23 total outstanding amount of all advances from the …

READ MORE

US Government’s Assault on Food Sources Continues… Fishing Industry Under Siege

In a distressing turn of events, the US government, having already targeted family farms, is now setting its sights on the fishing industry, striking at the heart of our food sources. A new regulation from the Biden Administration is not only making it financially burdensome for fishermen but also threatening the very existence of established …

READ MORE

FBI’s Investigation into Capitol Riot Continues, but Questions Arise About Unsolved Pipe Bomb Case

The FBI releasing new video of the person suspected of planning those pipe bombs the night before the Capitol Riot. The FBI officially confirming those pipe bombs placed at the Democratic and Republican National Committee headquarters could kill. These pipe bombs were viable devices that could have been detonated, resulting in serious injury or death.

The chaos in Ecuador continues. Shootings and murders everywhere in the cities.

BREAKING: ⚡ 🇪🇨 The chaos in Ecuador continues. Shootings and murders everywhere in the cities.https://t.co/BDF18qvsMS pic.twitter.com/VGusHZOVwB — Megatron (@Megatron_ron) January 10, 2024 The government has declared a shutdown of the electricity grid and the Internet in certain areas of Ecuador. The situation in Ecuador is escalating👌 pic.twitter.com/IHAkEplaly — nikola 3 (@ronin19217435) January 10, 2024 https://twitter.com/_/status/1745041251303301167 …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.