TRAIN LOADS OF LUMBER JUST STACKED UP!
I looked up what AMericans are paying for plywood and it is insane…is this a repeat of the ‘gas crisis’ which was staged? People who work with lumber are being played. h/t Saint
I looked up what AMericans are paying for plywood and it is insane…is this a repeat of the ‘gas crisis’ which was staged? People who work with lumber are being played. h/t Saint
A drunk CEO went viral and was fired for harassing a teenage boy who wore a dress to his prom. h/t Swingline
by confoundedinterest17 KBW Bank Index (a modified cap-weighted index consisting of 24 exchange-listed National Market System stocks, representing national money center banks and leading regional institutions) rose to a record high .. with near-zero Fed Funds Target Rates. And seemingly endless asset purchases by The Federal Reserve. Deutsche Bank’s fixed-income trading revenue growth is second behind Morgan … Read more
by: Stefan Gleason Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now. Many traders, investors, and momentum players will closely examine the market trend to determine if and when to enter or exit the market. A market with a strong … Read more
Now she’s in the terrifying position of hoping it’s not permanent. At least it made the local news. AC
by confoundedinterest17 Much to no one’s surprise, The Fed has left interest rates at near historic lows. (Bloomberg) — One large option bet built up over the past week is aiming for a surprise at the Federal Reserve Bank of Kansas City’s annual symposium in Jackson Hole. While much of the focus this week is on the … Read more
By Chris Black There’s an old saying that goes something along the lines of: “if you can’t beat them, join them”. One interpretation might be not that if you think that you’re losing to your opponent, that you go and join your opponent, but rather you start using the same tactics that your opponent is … Read more
by Dave Kranzler of Investment Research Dynamics Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for struggling existing home sales is three-fold. First and most obvious is rising mortgage rates. If … Read more
by Charles Hugh-Smith Yesterday brought news that would have had staff at the US Federal Reserve running to the office of Chair Jerome Powell in the hope of being the first to tell him about it. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 12.0% … Read more
by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/04/Fake-Planes.mp4 I have said before, we have no idea who is running the country but I believe the ties go directly to Geneva. We also have no idea of what is real or what is fake anymore and the press is out to overthrow everything we thought was guaranteed. The press and … Read more