Independent thinking for complex markets and current events
About a year after the shooting, a Harris County grand jury announced it would not be filing charges against the man who shot and killed a robber. HARRIS COUNTY, Texas — A grand jury declined to file charges against the man who shot and killed a robber at a southwest Houston taqueria last year. The …
by Mike Shedlock In an effort to get Republicans to commit hundreds of billions of dollars for Ukraine and Israel, Biden trots out the Domino Theory. Anyone remember that? “Don’t Let Putin Win” Reuters reports Biden Pleads for More Money President Joe Biden pleaded with Republicans on Wednesday for a fresh infusion of military aid for …
Dealerships Just Collapsed and Dealer Lots are PACKED With $100,000 TRUCKS they CAN’T SELL. Ford, Chevy, RAM and Toyota can’t sell overpriced pickup trucks. Ford truck sales have plummeted. RAM truck sales numbers are at their lowest for the quarter in over 6 years, and Chevy is so desperate to sell their trucks that one …
“Wages are rising” means exactly jack sh*t. If wages are rising 2%, yet inflation is 5%, then workers are literally taking a pay cut. h/t EuphoricTrilby
The Supreme Court announced Monday it will not consider the appeal of Derek Chauvin, he Minnesota police officer convicted of killing George Floyd who argued the protests sparked by Floyd’s death made the jury biased against him. https://www.msn.com/en-us/news/crime/supreme-court-won-t-hear-derek-chauvin-appeal-in-george-floyd-case/ar-AA1keOtT
Brought to you by the same people who coined phrases like “funemployment” and “managed decline.” 40% of Gen Zers and millennials say it’s easier for them to find economic opportunities outside of traditional employment, per CNBC. — unusual_whales (@unusual_whales) November 20, 2023 SPOILER ALERT: The Fed is going to print more. Because reasons. EFFECT: This. …
Orban is the best country leader in Europe. “We made a tolerance offer to Brussels: every country can deal with #migration the way they want to, but they cannot force #Hungary to copy the failed migration policies of Western Europe. We don’t want #terrorism, gang wars and mini Gazas in Budapest!” We made a tolerance …
https://twitter.com/MarauderMag/status/1722198938986700870 Biden Will Consider Dropping Out of 2024 Race After New Poll Shows Him Trailing Trump in 5 Battleground States President Joe Biden may start to consider dropping out of next year’s presidential race following a brutal new poll released over the weekend, RadarOnline.com has learned. The surprising development comes after the New York Times …
By Graham Summers, MBA Treasury Secretary Yellen wants stocks and bonds higher. The reason is simple. Next year 2024 is an election year. And Yellen is a playing politics for the Biden Administration. After all, it’s hard to convince voters to re-elect someone when their 401(k)s are shrinking by the week. This is why Secretary …
By Graham Summers, MBA Yesterday, the Treasury announced that it would “only” need $775 billion to fund the budget for the fourth quarter of 2023. This was considered to be good news. Back in July, the Treasury had announced it would need $852 billion for the fourth quarter. So the fact the Treasury surprised the …
Israel will not conduct a ground operation in Gaza if Hamas surrenders “unconditionally” and frees all its hostages, Israel Defense Forces (IDF) spokesman Lieutenant Colonel Jonathan Conricus has said. If the looming offensive goes ahead, however, Israeli Defense Minister Yoav Gallant estimates that it could take up to three months. In an interview with the …
Despite the Federal Reserve’s efforts, high inflation persists due to the growing deficits and the nation’s $33 trillion national debt, indicating that Congressional action to control spending may be the only effective solution to address this ongoing issue. Yes, and increase in rates is a huge problem too. With $33.529 trillion in debt, if the …
https://t.co/zmQWd4sGpu — Win Smart, CFA (@WinfieldSmart) October 16, 2023 It was also reported that sales of multi-tenant apartment buildings dropped 74%, reaching a new record since 2009. Read more: https://t.co/z4NqPdSVqo — unusual_whales (@unusual_whales) October 17, 2023 The housing market … 2023 pic.twitter.com/nJu7YiHVYu — Wall Street Mav (@WallStreetMav) October 17, 2023
How messed up is that??? 🚨 JUST IN: The Pentagon has decided to EXEMPT Ukraine operations from a potential government shutdown if lawmakers fail to reach a deal by the end of the month. This means tens of billions will continue flowing into Ukraine regardless. Why is that even legal? pic.twitter.com/GKcCPb9aTb — Nick Sortor (@nicksortor) …
by DesmondMilesDant Imagine 5% 10yr bond yield.
Biden administration considers forcing migrant families to remain in Texas The Biden administration is considering forcing some migrant families who enter the country without authorization to remain near the border in Texas while awaiting asylum screening, effectively limiting their ability to travel within the U.S., three U.S. officials told The Times. Administration officials have been …
by Martin Armstrong Masks were ineffective. They forced us to cover half our face to appear in public for years. It had nothing to do with health and everything to do with being a mass social experiment to see how blindly the people would obey their laws. Anthony Fauci realizes that a second round of …
Electric vehicles (EVs) are often deemed the future of transport, with titans like Ford and Tesla racing to make them. But a new study reveals that ‘more macho’ men may not see this the same way, in the bizarre belief that EVs will harm their image. Dr Michael Parent, a researcher at the University of …
Ukrainian President Volodymyr Zelensky has demanded that taxpayers in the United States and European Union send the country even more aid if the West wishes for elections to be held next year. In an interview published by the president’s office on Sunday evening, Zelensky said that he would be willing to hold elections despite the …
via dailywire: If we had a functioning news media, there’s a video that would be leading every newscast right now. It has nothing to do with a plane crash in Russia, a GOP primary debate, or even the indictment of every lawyer who’s ever given Donald Trump legal advice, as important as all those topics …
via Charles Hugh-Smith So hey, central bank cheerleaders, lackeys, toadies, apologists, apparatchiks and sycophants: no, the central banks aren’t going to “save” your precious asset bubbles from popping. There’s a fanciful confidence afoot that central banks will once again coordinate a global “save” as markets careen out of control. They won’t. There are many reasons for …
Chicago has spent over $100M to care for the illegals arriving in the city thanks to Joe Biden’s broken border. But officials won’t provide transparency on how the money is being spent. And yet, despite pouring millions of taxpayer dollars into the crisis, Chicago residents remain concerned about the decisions city officials are making on …
The sheriff of the Georgia county where former President Donald Trump could get indicted for a fourth time this year said he wouldn’t be giving the ex-president any special treatment. Fulton County Sheriff Pat Labat said Tuesday that Trump will be fingerprinted and a mugshot will be taken if he’s indicted in Fulton County District …
Another small bank just spontaneously exploded.https://t.co/24YpnYJdv8 pic.twitter.com/XRLly4uXZp — Mac10 (@SuburbanDrone) July 30, 2023 Large Banks Have Bled $921 Billion in Deposits Since April 2022 — the Fastest Pace in 40 Years — and a Much Larger Decline than Small Banks
by Chris Black Nigel Farage was never really “far-right.” I remember him saying he wanted more black immigration to offset Polish immigration. Breitbart: Natwest chief executive Dame Alison Rose apologises for “deeply inappropriate comments” about Nigel Farage in now-public internal bank documents which led to him being debanked, but stopped short of actually changing their …
by bitkogan Sure, 3% is better than 9%. But given the new record highs in stock indices, it’s still not better enough to expect the Fed to start cutting interest rates anytime soon. Firstly, 3% is still above the Federal Reserve’s long-term target. Secondly, the low (relatively speaking) figures for the general consumer price index …
DEAR ABBY: Eighteen years ago, I married a man so he could get health insurance and have back surgery. It was supposed to be short-lived. He fell in love with me and wouldn’t leave. He’s put me through hell over the years. Stage 4 tongue cancer left him unable to work, which I didn’t have …
by Chris Black This guy is on hard drugs, or he thinks Americans are totally retarded. Friendly reminder that "President Biden" sent billions of dollars to this man… pic.twitter.com/xmP3GfqF38 — Louie Fillet 🙈 🙉 🙊 (@SmirkingJoseph) July 3, 2023 He may be right about that actually. EXCLUSIVE: The war in Ukraine will not be over …
