Month: May 2021

Expected Profit Margins Are Very High

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by UPFINA The stock market rally in 2021 has been driven by better than expected earnings which means it isn’t in a bubble. The only way this is a bubble is if the earnings are unsustainable. Many firms in the technology sector are about to face tougher comps which should lower their growth rates, but … Read more

Biden Anti-Unity, Drought & Food Prices

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Greg Hunter gives The Weekly News Wrap-Up for Friday, April 30, 2021 There is a new report out warning about big food inflation causing civil unrest. Put that with the growing severe drought out west and you have the making of a full blown shortage and price spikes in food costs. FULL SHOW NOTES AND LINKS HERE To … Read more

TSA extends face mask requirements through Sept. 13

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The Transportation Security Administration said Friday that it is extending the face mask requirement for individuals through Sept. 13. The mask requirement was due to expire May 1.. The measure covers individuals in airports, on board commercial aircraft, on over-the-road buses and on commuter rail and bus systems. https://www.timesunion.com/business/article/TSA-extends-face-mask-requirements-through-Sept-16142689.php

Fed’s Key Rate Slips Closer to Zero, Raising Prospect of Tweaks (M2 Velocity Sinks To 1.123)

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by confoundedinterest17 (Bloomberg) — The key benchmark that the Federal Reserve targets to control monetary policy dropped for the first time this month, dragged down as growing imbalances in the Treasury-bill market weigh on short-term dollar rates. The effective fed funds rate, which the central bank is currently aiming to keep within a range of 0% to 0.25%, slipped by one … Read more

BUT IS IT TOO LATE? Is Coke Rethinking Woke? Why the soft-drink giant is pulling back from its left-wing posturing.

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via nationalreview: Conservatives who are tempted to despair over the abrupt shift of major corporations into engines of left-wing culture war might want to take a look at Coca-Cola. Recent developments suggest that Coke is rethinking woke. . . . On April 10, dozens of corporate chieftains met to consider sanctions against Georgia. Instead, they ended … Read more

How Much Longer Can Dumb Money Double Down?

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From Birch Gold Group Reality always wins in the end. It doesn’t matter if you’re excited about the economy or its outlook. Unless some economic scam is being perpetuated (unlikely), fundamentals always play a factor, and guide the U.S. economy through peaks and valleys. Fundamentals like supply, demand, inflation, deflation, and so on. At some point, even the mainstream media … Read more

You’ll LOVE this New Poll that Doesn’t Look Good for Democrats in 2022

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https://www.youtube.com/watch?v=usmz3sB-iAU Chris Donaldson from Trending Politics reports, There is renewed hope that America may soon be saved from Nancy Pelosi’s reign of terror according to a new poll showing that the Democrats are likely to lose control of the House Of Representatives next year. Read More/Source/Credit/FairUse: https://trendingpolitics.com/uh-oh-ne…​

Paris mayor says she AGREES with military chiefs who threatened to seize control of the country and warned of the ‘disintegration’ of France – as 18 of the officers are fired

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Eighteen serving officers who signed letter to Macron are to be fired, it emerged  But despite anger, right-wing politicians like Rachida Dati are backing the troops Dati said that the concerns of the soldiers reflected a very real terror threat The mayor of the 7th arrondissement said the police were the targets of jihadists A Paris … Read more

Bailed-out GM to make electric cars… in Mexico

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General Motors plans to invest more than $1 billion in a plant in Mexico to produce electric vehicles. The facility will begin producing at least one EV beginning in 2023, GM said. United Auto Workers Vice President Terry Dittes, who leads GM members, called the investment a “slap in the face” to the union members and … Read more

Gold is Laughing at Powell

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By Matthew Piepenburg Recently, my colleague, Egon von Greyerz, and I had some unabashed yet blunt fun calling out the staggering levels of open hypocrisy and policy desperation unleashed by former Fed Chairman, Alan Greenspan. Poor Alan was an easy target of what I described as the “patient zero” of the reckless interest rate suppression and unbridled monetary expansion … Read more