Longest surge in food prices since 2008 hits poorest nations mosthttps://t.co/dxuxIlsESs via @megandurisin @AggieDeSousa pic.twitter.com/JY30k6hWk6 — Zoe Schneeweiss (@ZSchneeweiss) March 4, 2021 Wanna know why governments and central banks are fighting deflation so hard? Because once you get into a deflationary spiral it could take decades to get out of them. — The Macro Pulse … Read more
By Egon von Greyerz Well, right on cue, it looks like the endless creation of fake money by the Fed has now poisoned both the stock market and the bond market. The Dow was down 1,000 (3%) points in two days and the Nasdaq down 7% in two weeks. Gold and silver are also falling in … Read more
In today’s show, you will learn what Operation Twist is and if it is soon to be announced, what the recent services and composite PMIs tell us about the health of the global economy, how ISM Manufacturing Prices Paid indicate a peak in Treasury yields, crude oil and the dollar, how Treasury yields are likely … Read more
Max margin debt, extreme low cash levels, no short sellers except bonds and Vix.. there will be no "correction" only financial hell. — Brando (@JungerCommando) March 3, 2021 https://twitter.com/vixsquared/status/1367242794062938114 https://twitter.com/vixsquared/status/1367242115864924160 JP Morgan Is Trying To Offload "Big Blocks" Of Corporate Manhattan Real Estate https://t.co/sVxCnf41Z7 — zerohedge (@zerohedge) March 4, 2021 The most reliable gains tend … Read more
Looks like the Government bans on Chinese Tech will continue! Very good sign for the future of the Drone industry for US based companies considering how DJI dominated for years and many of those fleets have already been grounded and will have to be replaced. Should produce some pretty rapid growth! Anyone who is not … Read more
https://www.bloomberg.com/news/articles/2021-03-02/hertz-the-original-meme-stock-is-turning-out-to-be-worthless TL;DR: Hertz is probably the original meme-stock from last year. Hertz declared bankruptcy, and then for some reason, memers decided to buy the company anyway. Hertz jumped on the opportunity, issuing a secondary offering and raising $29 million before the SEC jumped in and declared the whole mess to be a bad idea. As … Read more
by psychohistorian8 Maybe/hopefully this can be a lesson to other newbies My very first trade was to go and sell a 3/12 Put (for .72 premium) But since I was nervous about my first ever options trade I set buy/close triggers if I incurred 20% losses beyond what I earned (so, buy back if … Read more
Warning! The ICAO airport code for @kefairport and #Reykjavik airport have been raised to Orange – which indicates a high likelihood of imminent eruption. Rescue teams are being put on standby. Coast Guard @gaeslan helicopter to fly over the area shortly. Press briefing scheduled for 1600 — Gisli Olafsson (@gislio) March 3, 2021 People are … Read more
by Charles Hugh-Smith The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the rot with speculative bubbles. How many more times do we have to watch Jay Powell claim his speculative bubble isn’t a bubble, and that his massive expansion of billionaires’ fortunes … Read more
Suspected terrorist launched attack around 3pm Wednesday in southern town He was shot in the leg by officers after injuring eight people with a blade Three victims suffered life-threatening injuries, another two in serious condition Suspect a 22-year-old Afghan national with drug convictions, local media said Eight people were yesterday wounded in a suspected terrorist … Read more