Reince Priebus – “People are looking for a bigger middle finger this time than they were in 2016”

“You’re all misreading the electorate…The electorate is not looking for less blood…they’re looking for more…more angry about crime…more angry about the border…People are looking for a bigger middle finger this time than they were in 2016” – @Reince Priebus #ThisWeek pic.twitter.com/IB1gJ6iKYR — Brent Baker 🇺🇲🇺🇦 🇮🇱 (@BrentHBaker) December 17, 2023

The state of the European economy is not looking well

EZ real M3 money supply currently contracting at 6.5% Y-o-Y pic.twitter.com/ejcRou8IgZ — Longview Economics (@Lvieweconomics) September 27, 2023 Similarly, French consumer confidence also falls slightly below expectations pic.twitter.com/zhU8Q5v6oY — Longview Economics (@Lvieweconomics) September 27, 2023 Consumer confidence in Germany dips further once again, falling below expectations… pic.twitter.com/Ge1rfrCo1k — Longview Economics …

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California Looking To Restrict Travel For Classic Cars

via YAHOO: The state of California is looking seriously at instituting or allowing local governments to institute zero-emission zones in the near future. In preparation for such a move, the California Air Resources Board (CARB) reportedly is gathering information about classic cars and how their owners use them. We knew …

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Is Joe looking to put Detroit out of business?

Between the UAW contract set at a 40% increase and the incentives/requirements surrounding electric vehicles from the government, you would think Joe was actually looking to put Detroit out of business. — GranTorino (@GranTorinoNY) September 26, 2023 Kiss of death 😬 https://t.co/ZyAqAO44U0 — Financelot (@FinanceLancelot) September 26, 2023

10YR yield high of day 4.274%… After the Fed minutes were released today, rate expectations increased…$QQQ seems terribly mispriced…Market looking super weak, every bounce getting sold

⚠️10YR yield high of day 4.274% New 20 year high pic.twitter.com/H0k7d5a0QG — Don Johnson (@DonMiami3) August 16, 2023 The $tip etf is at the October lows. $qqq seems terribly mispriced, and that gap needs to close. pic.twitter.com/egSgaaxTsS — Michael J. Kramer (@MichaelMOTTCM) August 16, 2023 Wen financial Armageddon pic.twitter.com/iSYwaXCF0U — …

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Looking for Deflation? Cast Your Eyes on China, Not the US

via Mike Shedlock: China is following in the footsteps of Japan. Deflation happens when you have an aging work force coupled with an asset bubble that bursts spectacularly. Image courtesy of Trading Economics. China Deflation Fears Deepen, With Good Reason The Wall Street Journal reports While Everyone Else Fights Inflation, China …

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Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.927B vs $102.305B on 7/12), marking the 7th straight week over $100B. It’s looking more and more like there’s an over-reliance on Fed Funding. I believe this be a moral hazard.

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program is on the increase again! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in …

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Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.305B vs $101.959B on 7/5), marking the 6th straight week over $100B. It’s looking more and more like there’s an over-reliance on Fed Funding. Could this be a moral hazard?

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program is back on the increase! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in …

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Yahoo looking into going Public again

Yahoo CEO Jim Lanzone plans on returning the web perennial to a publicly-traded company and its “huge” traffic numbers are expected to clear the way. While Yahoo is “too small” to tackle search engine titans Google (GOOG) – Get Free Report and Microsoft (MSFT) – Get Free Report, owner of …

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Goldman Sachs is looking to end its partnership with Apple (per WSJ):

Goldman Sachs is looking to end its partnership with the Apple Card, per WSJ. Goldman Sachs $GS lost over $1 Billion dollars due to its Apple $AAPL partnership. It’s now discussing with American Express $AXP about taking over the Apple credit card business. Read more: https://www.wsj.com/articles/goldman-is-looking-for-a-way-out-of-its-partnership-with-apple-79849a91

Countries watching the former USA devolve into a corrupt, debauched banana republic will be looking for more sound alternatives to the doomed petrodollar

by BoatSurfer600 Amazing to see the left with their heads in the sand on this one. They have absolutely no clue how f*cked they are. “This is fine” Kenya has joined the long and growing list of former staunch American geopolitical allies to ditch the dollar in favor of using …

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Trouble for the major banks is getting worse… We are probably looking at hundreds of additional bank failures over the course of the next two years.

Most valuations put these office buildings underwater. Many building owners will walk away. More pain to come. We are probably looking at hundreds of additional bank failures over the course of the next two years. Many commercial office building loans mature within 24 months, Most valuations put these office buildings …

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Google is using AI to dig through Gmail accounts to “find exactly what you’re looking for” – and perhaps MORE

via naturalnews: Google has introduced a “highly requested” artificial intelligence-powered search feature in its Gmail service for mobile users. Alphabet, Google’s parent company, announced the change in a blog post on its website on June 2, telling everyone who uses Gmail on their smartphones that they will soon see a “top results” section …

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Often at the mercy of the dollar, emerging countries are looking to insulate themselves from the US Federal Reserve policy by shifting to Gold

by BoatSurfer600   Often at the mercy of the dollar, emerging countries are looking to insulate themselves from the vagaries of U.S. Federal Reserve policy by shifting to gold—and away from the greenback. This shift in their currency reserves poses a distinct risk to Americans, who benefit from the willingness of other countries to swap their goods in exchange for …

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