Bidenomics? C&I Lending Growth Crashes Along With Bank Credit Growth (WTI Crude Oil UP 1% This Morning) 30-year Mortgage Rates At 7.27%

by confoundedinterest17 Bidenomics, aka the Federal government takeover of the US economy with Soviet-style economic central planning, is highly dependent on loose Federal Reserve monetary policy (Janet Yellen and Powell’s wild overreaction to the massively inappropriate Covid shutdowns), So, how is Bidenomics working out? On the bank lending front, commercial and industrial (C&I) lending growth …

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Death Valley just registered of the hottest nights in Earth’s recorded history. The low was 105 at 7am this morning.

Death Valley at 1 am this morning was a mind-boggling 120°F (49°C), before bottoming out at 105°F (40.6°C) at 7 am. One of the hottest nights in Earth's recorded history. pic.twitter.com/810DwdbExs — Colin McCarthy (@US_Stormwatch) July 17, 2023 Death Valley at 1 am this morning was a mind-boggling 120°F (49°C), before bottoming out at 105°F …

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Three DC business hit with explosives in early morning: sleeper cells active world wide

Explosive devices were detonated outside three businesses in Washington DC in the early hours of Sunday, according to law enforcement The devices exploded outside stores in the northeast of the capital within 15 minutes of each other, according to the Metropolitan Police Department (MPD). https://www.independent.co.uk/news/world/americas/washington-dc-explosion-suspect-molotov-cocktail-b2368383.html Nike, Safeway and Truist Bank stores attacked in explosives and …

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Paris riots after police killed teenage driver, sparking anarchy.

The French have the most beautiful riots. https://t.co/miol1B9r5I — k9_reaper | T.I.A (@k9_reaper) June 28, 2023 🔴🇫🇷 French President Emmanuel Macron has said the killing of a 17-year-old in #Nanterre is "inexcusable". The interior minister has mobilised 2,000 police officers in the Paris suburbs in preparation for riots tonight. pic.twitter.com/Oijz6mN3dE — FRANCE 24 English (@France24_en) …

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