Independent thinking for complex markets and current events
And he flies by helicopter from this yacht to restaurants — Michael Bach (@mbnaturopath) July 12, 2023 World leaders arrive in their private jets to talk about the imminent risks of climate change to our planet pic.twitter.com/dUcdyCZQFa — Not Jerome Powell (@alifarhat79) July 11, 2023 Just a year and a half ago, 30% of Democrats …
Stocks seem itching to run, but the bond market has responded, “Not so fast!” — with yields breaking out in both nominal and real terms. This chart of the 5-year is an eye-opener. How can equities break out while the rate environment is getting more hostile? pic.twitter.com/EUbTahvg7k — Jurrien Timmer (@TimmerFidelity) July 10, 2023 The …
Friendly reminder of where we are at With another hike on the table for July Honestly, we’re in uncharted territory Enjoy the calm waters while they last pic.twitter.com/PoiWPlwLYf — Amy Nixon (@texasrunnerDFW) July 9, 2023 https://twitter.com/jay18047638/status/1678153122013671424 pic.twitter.com/6w0cR64iDL — Sensible Moderate (@sensiblemoderat) July 9, 2023 It's not a question of *if* relatively-high rates break something, but …
via naturalnews: The reported tax revenues of New York and California are reeling as more and more people flee their respective states for more low-tax locales like Florida and Texas, both of which are consequently seeing surges in tax revenues. This is according to data compiled by the Urban-Brookings Tax Policy Center, a Washingt0n, D.C.-based think tank …
by Chris Black Id this dude cool or what? The conservative obsession with Hunter Biden is retarded. New York Post: Hunter Biden apparently filmed himself smoking crack behind the wheel of a car in 2018 — the same year he took a picture of himself driving 172 mph in a Porsche, according to thousands of newly …
by confoundedinterest17 Bidenomics is a great marketing ploy where you have out of control Federal spending and magically decide to reopen the economy and school after Covid and focus only on jobs added after Biden was selected President and ignore the jobs added during Trump. Real gross domestic income (GDI) is a measure of the incomes …
ALAMEDA, Calif. – A 69-year-old woman who was dragged by a robber’s car in Alameda said Monday that she would do it all over again. “For me, to fight all the way to the end, I feel good about it,” the woman, who requested anonymity, told KTVU. Surveillance video shows the robber taking off in …
White liberals who shamelessly pander to black people & grovel while on the other hand, implement policies that are destructive to black people, are just repulsive — Melissa Tate (@TheRightMelissa) June 21, 2023
🚨MORE UPDATES: Reporters press WH Press Secretary on Hunter Biden's China messages seemingly implicating the President. She refused to provide a new statement, saying “nothing has changed,” and did not confirm or deny if the President was involved. Things are heating up… pic.twitter.com/HjEPFGoREK — Mario Nawfal (@MarioNawfal) June 23, 2023 Holy hell, the White House …
by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of risks implies that the policy rate will most likely be raised further in August. Inflation …
BREAKING: @BlackRock Recruiter Who “Decides People’s Fate” Spills Info on Company’s World Impact “It’s not who the president is- it’s who’s controlling the wallet of the president” “You got $10K? You can buy a senator" “War is real f***ing good for business” #BlackRockExposed pic.twitter.com/DZIy1DuZKF — James O'Keefe (@JamesOKeefeIII) June 20, 2023 James O’Keefe and O’Keefe …
CBS host Nora O’Donnell interviews Rep. Nancy Mace, and tries to “correct” her claim. When that doesn’t work she tries to feign “audio issues” (badly) and apologies for cutting the interview short. Note the glance to a person off-screen by the host at timestamp 0:36. h/t RedditZamak
by Simian_Stacker pic.twitter.com/mMlY5N4k2S — The Punisher (of Wall ST) (@GregCrennan) June 14, 2023 It's official! The S&P 500's (SP500) longest bear market since the 1940s has come to an end. The benchmark index closed up 0.6% to 4,294 on Thursday, vaulting it back into bull territory with a 20% advance from its October low….. go …
by confoundedinterest17 The Artificial intelligence (AI) boom is resulting in Nvidia’s stock soaring to 429.9. At the same time, Bitcoin (yellow), the US Dollar (blue) and Gold (gold) are declining. Of course, markets are dynamic and gold/silver are likely to start up again along with bitcoin and other cryptos.. The leading crypto today? Dogecoin! AI …
via naturalnews Chinese scientists have built a hypersonic generator that is capable of powering a range of weapons and military lasers as well as rail guns and microwave weapons, and the compact format of their generator means its potential uses are staggering. Using a controlled detonation, Chinese researchers found a way to turn hot gas into …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/releases/g19/current/g19.pdf Remember, From 1st quarter 2022 to 1st quarter 2023, total household debt has increased $1,205 billion to $17.05 trillion (+7.57%)–Mortgage balances ($864 billion), HELOC ($22 billion), Student loans ($14 billion), Auto loans ($93 billion), Credit Card debt ($145 billion), Other ($67 billion): Total household debt has risen by $148 billion, or 0.9 percent, …
COLORADO: Proposed initiative bans meat processing in Denver; offers those out of work ‘assistance programs.’ A proposed citizen-initiated Denver ordinance to ban any facility where livestock animals are killed to produce food could cost hundreds of workers their jobs as well as create a larger ripple effect into the state’s economy if it successfully makes it …
via SCHIFFGOLD: A large sale by Turkey in April caused global central bank reserves to fall for the first time in over a year, even as central bank gold buying continued. Official global reserves dropped by 71 tons in April, according to the latest data collected by the World Gold Council. While the overall drop …
“We need to keep raising rates until something breaks and inflation eases” <Something breaks> “Wait wait no, not that thing.” It’s very important that inflation is brought into check by poor people losing their jobs. Not rich people losing their deposits. NEW Banking Crisis In One Chart, Inflation=Fed Rate Hikes=Treasury/MBS Duration Increases=Bond Loss So, the Biden Administration …