Independent thinking for complex markets and current events
People assume the Federal Reserve will cuts rates well before a market crash like they've done for the past 40 years However, during the last major inflationary cycle of the 1960s & 70s the Federal Reserve was slow to act, only cutting rates when market crashes were almost over https://t.co/ZI6BH3GOSO pic.twitter.com/2MFZAb4Lgk — Financelot (@FinanceLancelot) July …
Massachusetts Gov. Maura Healey (D) is sparing “millionaire destinations” from being forced to absorb a growing number of illegal aliens who are living off the state’s taxpayers in motels, Boston Herald columnist Howie Carr writes. State Rep. Peter Durant (R), who is running for state senate, asked Healey for a full accounting of the cost …
https://www.forbes.com/sites/isabelbekele/2023/07/10/eu-investigates-ozempic-maker-after-reports-of-suicidal-thoughts/?sh=538b7ffa48f0 EU investigates Ozempic, weight-loss drug Saxenda after suicidal thoughts reported
by BoatSurfer600 via YAHOO: Despite lawmakers’ success in introducing legislation to address the issue, one U.S. farmer raised a red flag that China is still infiltrating “many, many acres” in rural America. “They’re tapping into the American food structure and this country. And we should be looking at that as food security, people,” National Black …
https://www.youtube.com/watch?v=EjCYHirlT9k
by TonyLiberty It is no surprise that student loan debt in the United States has reached such a high level. With the cost of college tuition continuing to rise, more and more students are taking out loans to pay for their education. This problem is only compounded by the fact that many graduates are struggling …
FAIL, BRITANNIA: UK motorists warned of wearing jeans this summer or risk £1,000 fine and licence points. Experts are warning drivers that they could be handed fines based on the clothes they wear when at the wheel. When driving, motorists should have full control of the car at all times and should be paying attention to …
Popeyes, Chick-fil-A, and other fast food chains are facing financial challenges due to lower sales, higher costs, and supply chain disruptions. Popeyes is closing locations and Chick-fil-A is closing its first-ever restaurant. With Americans eating out increasingly less to save on costs, some of the biggest fast-food chains in the US are taking desperate measures …
by Chris Black These are the biggest loans (a little bit different from QE though, as they must be repaid with interest >0 ) in the history of the Federal Reserve by the way. RT: US banks took out a combined $164.8 billion in loans from two Federal Reserve facilities over the past fortnihght, Fed …