Goldman Sachs expects core inflation to fall enough for the Federal Reserve to start cutting rates in Q2 2024… This is a joke right?

by AdMaleficent2789 Goldman Sachs expects core inflation to fall enough for the Federal Reserve to start cutting rates in Q2 2024, but economists leave the door open for a higher-for-longer scenario. By Q2, “we expect core PCE inflation to have fallen below 3% on a year-on-year basis and below 2.5% on a monthly annualized basis, and …

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Zelensky Fires All Regional Military Recruitment Chiefs for Not Kidnapping Enough Teen Boys and Old Men

by Chris Black Zelensky is firing everyone in charge of recruitment for not kidnapping enough young boys and old men (military-aged men are all dead, or escaped somehow). The Saudi summit was a total bust. Basically, the entire world is against the Ukraine. 🔴🇺🇦#Ukraine | Zelensky says all regional chiefs of Ukraine's military recruitment offices …

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Everyone has had enough….

🇳🇪🇺🇸 BREAKING: The revolutionary government of Niger has responded to the suspension of US aid by telling the US: “We don’t want your money, use it to fund a weight loss program for Victoria Nuland.” pic.twitter.com/fgCdN5eiMy — Jackson Hinkle 🇺🇸 (@jacksonhinklle) August 8, 2023

Store Food While You Still Can, Because 2.4 Billion People Already Do Not Have Enough Food As This New Global Famine Accelerates

by Michael Global food supplies just keep getting even tighter, and global hunger has risen to extremely alarming levels.  People on the other side of the world are literally starving to death as I write this article, but most of us in the western world simply do not care about the millions that are deeply …

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Fed – Banks have enough capital to continue lending even if unemployment were to hit 10% and the stock market were to plunge 45%

All 23 US banks that participated in a new Federal Reserve stress test would be able to withstand a severe global recession, demonstrating the strength of the biggest financial institutions at a time when the banking industry still is on uncertain ground. Results released by the Fed Wednesday show that these banks would have enough …

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What happens to firms that don’t generate enough revenue to cover interest payments when they are unable to refinance their junk in a recession?

Weekly data for corporate bankruptcy filings has started to meaningfully deteriorate in recent weeks: Apollo’s Torsten Slok 🤔 What happens to firms that don't generate enough $ to cover interest payments, when they are unable to refinance their junk in recession?https://t.co/YfZkZuxK9E — Eventually Consistent Capital (@EventuallyCC) June 28, 2023 https://twitter.com/EventuallyCC/status/1673764995996471299 The yield curve invertoooor Yield …

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Bank of Canada minutes on immediate rate hike: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.”

by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” Growth of gross domestic product (GDP) in the first quarter was …

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‘When you’re Left-leaning you just have to want something badly enough for it to happen i.e. the laws of economics are nonsense. Simply legislate the result you desire. What could be easier!’

When you're Left-leaning you just have to want something badly enough for it to happen i.e. the laws of economics are nonsense. Simply legislate the result you desire. What could be easier! — TheLege (@TheLege2) June 18, 2023 JUST IN – Swiss voters agree to "net-zero" carbon law, a 15% tax rate for multinationals, and …

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Megyn Kelly has had enough

Megyn Kelly begins the show with a monologue explaining why she is done using “preferred pronouns” and will base her conversations on trans ideology in reality and truth, how her own views on this issue have evolved, the harms of gender affirming care in schools and by physicians, the injustice of biological men competing in …

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