The BRICS meeting and the Jackson Hole meeting in the same week. Both parties are ready for a chess match
China urges Brics to become geopolitical rival to G7 h/t by Creative-Criticism62
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Newton man critical of city and police arrested at council meeting
A 22-year-old Newton man was criticizing the city government and the local police department during the citizen participation portion of the council meeting on Oct. 3 when we was cut off by the mayor, asked to leave and when he refused was arrested by the police chief for disorderly conduct. Noah Petersen called for the …
ADP Jobs Added 497k In June! Almost Guarantees Another Rate Hike At July FOMC Meeting, 10Y T-Yield UP >10 BPS, 2Y T-Yield UP 16 BPS (Yellen Goes To China?) Bitcoin Cash UP 10%
by confoundedinterest17 The good news (if true)? ADP announced that 497k jobs were added in June. The bad news? A 497k print on jobs (many seasonal, it is summer!) almost guarantees that The FOMC (Fed Open Market Committe) will raises rates again at at the July meeting. The 2-year Treasury yield is up over 10 …
Core PCE is up .3 % which means the only Question now is how high will Powell raise rates at the next FOMC meeting
by UstaTheStockMan He stressed a need for more rate hikes ( Quantitative tightening ) after his one month tactical pause which was done to run bank stress test . He now says there is a need for two more rate hikes and did not rule out back to back hikes. With job growth doing exactly …
I just got back from a city council meeting & am genuinely surprised at the honesty from some of the government officials.
by A_R_K_S Go to 54:33 to see me speak on the General Plan for 2030, I got some interesting reactions from the city planning commission members, one public official, in his own words confirmed that the US is being controlled/manipulated by high-level organizations/representatives of international organizations. A city official ambiguously presents the plan at around …
NOT Always Sunny! Philly Fed Business Outlook Falls To -13.7 As Retail Sales Surprise To The Upside (1 Hike Expected At July FOMC Meeting)
by confoundedinterest17 Now that I know that the US is building a railroad from the Pacific Coast to the Indian Ocean (according to Resident Joe Negan), I feel so much better. /sarc On the other hand, The Philadelphia Fed’s Business Outlook index for June fell to -13.7. On the positive side, retail sales surprised to …
US Mortgage Rates UP 144% Under Biden’s Reign Of Error (Fed Likely To Pause Today But Raise Rates At July Meeting)
by confoundedinterest17 Biden’s “reign of error” is horrific. The inflation caused by Biden’s policies, The Federal Reserve and insane Federal spending has caused mortgage rates to soar 144% since Biden took office. While The Fed is likely to pause today, but Fed Funds are pricing in a July rate hike. Banks are not going to …
NASA UFO Panel Holds First Public Meeting
by Chris Black The government is covering up UFOs, according to Tucker Carlson. They are also doing public panels promoting UFO theories. A @NASA panel formed last year to examine unclassified UFO sightings held a public meeting to discuss their preliminary findings ahead of a report expected later this year https://t.co/VSlTuLNbHd pic.twitter.com/Qri6eE2iYK — Reuters (@Reuters) …