“Big banks are no longer allowed to reject business loan applicants because of the industry in which they operate, according to a new rule finalized on Thursday by the Trump administration. Why it matters: Wall Street has curtailed its exposure to industries like guns, oil and private prisons, driven by both public and shareholder pressures. … Read more
A record-setting 3,283,000 people filed for unemployment benefits for the week ending March 21. This represents an unprecedented increase of over 3,001,000 from the previous week’s figures. It’s the highest level of claims in reported history. The huge number of people filing for benefits is above the numbers reported during the financial crisis. In 2009, the week … Read more
At least 10% of unemployment claims may have been fraudulent before controls were installed in October, according to Blake Hall, founder and chief executive of the company ID.me., which has been hired by the state Employment Development Department to weed out fraud. A 10% fraud rate could total $9.8 billion of the benefits paid from … Read more
https://twitter.com/kienzle_rainer/status/1350514154898157573
According to this Website The Buffett Indicator is the ratio of total US stock market valuation to GDP. As of January 14, 2021 we calculate the Buffett Indicator as: Aggregate US Market Value: $47.6T Current (Estimated) GDP: $21.5T Buffett Indicator: 221% By our calculation that is currently 82% (or about 2.7 … Read more
Art Berman interviewed by Adam Taggart on Peak Prosperity Like it or not, our modern way of life remains extremely dependent on oil. And even using the rosiest of forecasts, that’s not going to change anytime soon. Which is why petroleum geologist Art Berman’s prediction of a 30% spike in oil prices later this year is so worrisome. If … Read more
Frustrated by US unilateral sanctions under the Trump administration, the European Commission is reportedly working on a plan to assert its financial and economic autonomy and limit the bloc’s reliance on the greenback. In a policy paper set to be adopted as soon as next week, the European officials highlighted that “global financial markets are too … Read more
This is a translation from a Chinese language post ——————————————————- Many people in the international community have a rather confusing concept about socialism, thinking that socialism doesn’t sound too bad, as it seems to promote “social justice” and “equality.” In fact, socialism is very dangerous by nature, which is fundamentally detrimental to traditional culture and … Read more
https://www.youtube.com/watch?v=VdBueBdsm7E China’s battle with increasing coronavirus caseloads hitting ten-month highs has undoubtedly clouded the economic recovery while officials have lockdown more than 28 million people across multiple municipalities, reported Reuters. Hebei officials have put three cities – Shijiazhuang, Xingtai, and Langfang – into lockdowns last week to mitigate the virus from spreading further. Beijing authorities … Read more
https://www.youtube.com/watch?v=6xiXa_JVYBc Jonathan Davis from Trending Politics reports, In the wake of the U.S. Capitol Building assault last week, supporters of President Donald Trump need to come to grips with the fact that the unhinged left is coming for all of us, and they’re not keeping it secret because they know they will not be held … Read more
https://www.youtube.com/watch?v=Nt6j0rhwgcQ Iran’s elite Islamic Revolutionary Guard Corps (IRGC) has successfully destroyed naval targets amid massive military drills. Mock warships were moored some 1,800 km from the ballistic missiles launch site. The tests were carried out on Saturday as part of large-scale military drills dubbed ‘The Great Prophet 15’. Footage released by the country’s media shows … Read more
CNBC: TSA weighs barring hundreds from flights ahead of Biden inauguration — Josh Caplan (@joshdcaplan) January 16, 2021
BREAKING: Report released today says that Joe Biden took 140M $ from the Fed Treasury ——- sent it to ROSEMONT SENECA, “for Bank Bailouts” And then to his personal account in the Caymans.😏https://t.co/WZulMvSkjE — Daniel (@staddann) January 16, 2021
Pompeo: “Communist China is already within our borders.” https://twitter.com/SecPompeo/status/1350497517356642306?s=09 https://twitter.com/disclosetv/status/1350522305584254976 Related: It’s been one full year and China still has not allowed a thorough investigation. https://www.state.gov/fact-sheet-activity-at-the-wuhan-institute-of-virology/ h/t AllForTheGains
Pennsylvania Lt. Gov. John Fetterman: "This idea that saying that Pennsylvania was 'rigged' or that we were 'trying to steal the election' — that's a lie. And you do not have the right, that is not protected speech." pic.twitter.com/2f2ERSSLXy — The Hill (@thehill) January 15, 2021 h/t AsKnownAs
Twitter and Facebook repeatedly mishandled Donald Trump as he pushed baseless claims, including his assertion that US presidential election he lost was rigged, Wikipedia founder Jimmy Wales told AFP. The two social media giants indefinitely suspended Trump after his supporters stormed the US Capitol on January 6, an attack on the seat of democracy that … Read more
by visualcapitalist Was it a riot? An insurrection? Or was it simply a protest? The January 6, 2021 incident at the U.S. Capitol was widely covered in news media—however, the type of language used to describe it varied greatly from publication to publication. Popular news media has a major impact on how society at large perceives … Read more
Jimmy Dore: "The first person to be de-platformed was WikiLeaks and Julian Assange. If [Trump] knows what's good for freedom of speech and freedom of the press, he should take this moment and pardon Julian Assange."Tucker Carlson: "I totally agree" #Assange pic.twitter.com/63aaxjfjw7 — WikiLeaks (@wikileaks) January 16, 2021
Mind the gap! It looks like taxes will have to be raised b/c spending increases have exploded. (Chart via SRP) pic.twitter.com/PIW4Iyd87A — Holger Zschaepitz (@Schuldensuehner) January 16, 2021
https://twitter.com/asymmetricalpha/status/1350303700905025536
https://twitter.com/PuffDragon11/status/1349900211913515013 The SPAC bubble pic.twitter.com/m3FkquXOdA — zerohedge (@zerohedge) January 16, 2021 EM Equity Flows. Approaching extreme overbought – a complete reversal from the 2020 lows. This consensus trade looks very vulnerable to disruption – and right on schedule, the Dollar is showing signs of a technical bottom. Will expand on this next week, have a … Read more
by DCG Gab is a social media networking site started in 2016 that, along with Parler, will hopefully kick Twitter’s butt. Gab doesn’t care too much for progressives/media and their censorship. Take a look at this response they sent out to 60 Minutes (they posted this on Twitter yet I refuse to link to that site): REQUEST: … Read more
by: Divina Ramirez (Natural News) Aging is a natural and inevitable process that changes the body at the cellular level. It is an integral part of all living organisms’ cycle of life, including that of humans. But several environmental and lifestyle factors may trigger this process too early, hence the term “premature aging.” This event negatively … Read more
by Troy Small speculative markets continue to explode higher while large cap markets rally less. Summary Here’s how I approach markets based on 3 different strategies & time frames. Short term trend followers should continue to ride the rally because no one knows exactly when it will end. If you are a short term trend … Read more
by Chris Vermeulen of The Technical Traders Chris Vermeulen of TheTechnicalTraders.com joins Dave Russell of GoldCore TV to discuss the chart patterns that the long term gold and silver charts are presenting as well as what he believes this will mean for Gold, Silver, and Platinum for 2021. David explores some of the fundamentals of the precious metals markets as … Read more