A hub for independent voices and hard truths
The situation gets even tighter as we approach the March 15 corporate tax deadline. Historically, this triggers another massive spike in the TGA as cash moves from private bank accounts (reserves) into the Treasury’s vault. If you think a -$74B …
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01649108.pdf This shows wilfully and intentional violation of the Epstein File Transparency Act and both should be charged in inherent obstruction. They’ll likely be given immunity as they were just “following orders”. h/t Stimul8ed
And there is even a tawdry little connection between Epstein and Bitcoin back in its early days. by David Haggith Enjoy the swim! If all the crashing sounds from crypto, stocks and the US dollar have you feeling worn out, …
💥BREAKING: 🇺🇸 BofA CEO warns that interest-bearing stablecoins could drain $6 trillion from U.S. banks. Crippling lending and sending borrowing costs soaring. Translation: banks are insanely afraid of crypto. pic.twitter.com/LhUJ15os2F — Crypto Rover (@cryptorover) January 16, 2026 Bank of America …
Wow, look what is replacing the once booming timber & oil mining county. Data centers that will stress the power grid and divert the water resources. “Mingo County, West Virginia, was once thriving, but the coal industry’s decline left it …
In the sewer business, they say a good flush beats a full house. This one isn’t a good flush. It’s the other kind that fills your house with a stinking mess you have to live with. by David Haggith Adam …
A woman says she was “shocked” when she was fined £150 for tipping the remnants of her coffee down a road gully in west London. Burcu Yesilyurt, who lives in Kew, said she thought she was acting “responsibly” when she …
This isn’t a question of ‘paper hands.’ The O/N RRP is now fully drained – something we haven’t seen since it surged in 2021. Thus, unless the Fed abruptly abandons QT & reverts to QE, US liquidity is going to …
Yes — and how would the Fed have rolled off a chunk of its US Treasury holdings since 2022, if not for the drain of the RRP? And even more importantly, now that the RRP is drained… who or what …
More data: The NASDAQ appears to correlate roughly 70–80% with changes in the Fed’s discount window usage—markets tend to rise when liquidity rises and fall when it’s pulled back. pic.twitter.com/rjmIWWKCuW — The Coastal Journal (@1CoastalJournal) May 22, 2025
1/5 So, the @federalreserve has allowed inflation expectations to become COMPLETELY unhinged, yet again, which means, soon, a surge in inflation is coming to a grocery "shelf" near you/me. Yet, instead of the folks who "have a voice" demanding to …
OpenAI is rolling out these so-called “agents” that could cost anywhere between $2,000 and $20,000 a month. And let’s be clear: this pricing is absurd. Let’s just take a moment to think about this—how in the world are AI agents …
This market is close to breaking point. There is now so much leverage that futures-implied equity financing costs are at the same spread to SOFR as during the height of the GFC. And Japan is about to suck a couple …
Members of President-elect Donald Trump’s transition team are drawing up a list of military officers to be fired, potentially to include the Joint Chiefs of Staff, two sources said, in what would be an unprecedented shakeup at the Pentagon. The …
⚠️BREAKING: FED #BTFP 📉 •Federal Reserve Bank Funding program is down -40% from its summer high to $102 Billion • In the same time Frame the #nasdaq is down -8% The BTFP should drain down another $50 billion in Q3 …
The #BTFP is currently being drained as banks have to pay back their loans. This is now draining liquidity out of the markets. Here is what it means going forward and why the bank stocks have not fully crashed yet: …
The share of people who withdrew from their 401(k) for financial emergencies surged to a record high in 2023 as Americans looked to counteract rising prices and shrinking paychecks, according to The Wall Street Journal. Around 3.6% of 401(k) participants …
by DAVID HAGGITH Photo by Eric Muhr on Unsplash Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its …
They’re removing money from the system: TGA filling is just one of many liquidity drain factors the market is currently facing 1) Powell QT in full force,down ~50B in a wkdown ~100B in last 2 wks + more coming 2) …