Fed staff no longer predicts recession; Blackstone insiders dump stock

https://twitter.com/texasrunnerDFW/status/1686187300516954112 EVERYTHING IS GOING SWIMMINGLY: Car Loans Tougher to Get, More People Getting Rejected by Lenders. https://twitter.com/1200616796295847936/status/1686034230470451201 The total for all commercial properties that were in distress was $72 billion, in the US, up 13% from the first quarter, per Bloomberg. …

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New York City is no longer a sanctuary city. Oh nooo…

Dumb leftists mayors started this “sanctuary city” nonsense to spite Trump back in 2017. Now it’s blowing up in their faces. Play stupid games, win stupid prizes. https://www.foxnews.com/media/nyc-mocked-discouraging-migrants-seek-asylum-no-longer-sanctuary-city.amp https://www.youtube.com/watch?v=YxzLEH2QOzM   h/t EuphoricTrilby

Bankruptcies surge, bond yields reach 4%, a level previously associated withto Silicon Valley collapse. Fed maintains ‘higher for longer’ stance to curb inflation.

2/ Rising bankruptcies coincides with bond yields hitting 4%, a level previously associated with the Silicon Valley Bank collapse and UK pension fund crisis pic.twitter.com/tcC6aBY9UD — Bravos Research (@bravosresearch) July 20, 2023 4/ A Deutsche Bank survey indicates that over …

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Disney extends CEO Bob Iger’s contract through 2026, two years longer than planned

Source: https://www.cnbc.com/2023/07/12/disney-extends-ceo-bob-igers-contract-through-2026-two-years-longer-than-planned.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard As a non-shareholder, I just can’t help but cringe at Disney’s current situation. Everyone lauded Bob Iger until it became obvious all the guy knew was overpaying for existing IP. That style of “growth” blew up in his face …

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L.A. County, California has now ruled that cops will no longer be allowed to arrest people for “minor” non-violent crimes; releasing imprisoned individuals without bail.

L.A. County, California has now ruled that cops will no longer be allowed to arrest people for “minor” non-violent crimes like battery, robbery, etc. Furthermore, those currently imprisoned for committing these offenses will be released from jail without having to …

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Wagner will No Longer Fight in Ukraine

⚡️Wagner will no longer fight in Ukraine — Budanov — War Monitor (@WarMonitors) June 29, 2023 BREAKING: Wagner Group chief Prigozhin declines to sign contracts with Russia's Ministry of Defence and therefore his fighters will not take part in the …

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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 …

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