by mark000 [1] Nothing much happens in the financial markets. [2] A stock market Correction occurs or worse: a Bear Market begins. [3] A major financial crisis but the Central Banks & Govts once again save the day [4] A major financial crisis that puts us clearly into a Economic Depression [5] A major financial … Read more
by Mike Gleason Investors who buy into the “transitory” inflation line are being duped Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Well, precious metals markets got absolutely slammed on Thursday. The selling rout followed statements put out by the Federal Reserve suggesting that tapering and … Read more
DoubleLine Capital, Released on 6/18/21 (Recorded on 6/8/21) Recap of the Total Return presentation with Jeffrey Gundlach. *This webcast was recorded on June 8, 2021 Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have … Read more
https://www.flgov.com/2021/06/18/governor-desantis-wins-major-victory-to-protect-floridas-cruise-industry/ TALLAHASSEE, Fla. – Today, the federal district court in Tampa delivered a major victory for Governor Ron DeSantis against the Centers for Disease Control and Prevention (CDC) and its obstructionist No Sail Orders that have flatlined Florida’s cruise industry for over a year. Ruling in favor of Florida’s Motion for Preliminary Injunction, Judge Steven Merryday … Read more
ANNAPOLIS, Md. (AP) – Maryland’s highest court has upheld a tax imposed by the city of Baltimore on selling billboard advertising. The Court of Appeals last week rejected arguments by Clear Channel that the tax violates constitutional provisions that protect freedom of speech. The appeals court ruled 6-to-1 that the tax ordinance was not subject … Read more
In March of this year, the US Attorney in Los Angeles, California secured an indictment against a secure vault company, alleging the company was engaged in money laundering, drug trafficking, and hiding taxable assets. None of the company’s employees or owners were indicted. FBI agents spent five days turning US Private Vaults upside down. Agents … Read more
https://www.youtube.com/watch?v=h4E9eHsS1jE Becky Noble from The Political Insider reports, Brian Stelter, host of CNN’s media show “Reliable Sources,” once again failed to crack the 1 million mark in viewership for the 11th straight week. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/cnns-brian-stelter-continues-networks-ratings-dive-in-post-trump-era/?utm_source=home-headline-stories
https://twitter.com/PIX11News/status/1405928349311057922 h/t javierruizleon
https://www.youtube.com/watch?v=CEOdBMNkiws
Bulls cannot be happy about this. pic.twitter.com/NfFgOifsZe — Jim Carroll (@vixologist) June 17, 2021 Great reflation trade/steepener unwind well underway in Treasuries today. Post Fed 2-day curve flattening so far is sharpest since 2020 liquidity crisis. Some move👇 pic.twitter.com/6Wxgz50br2 — Edward Bolingbroke (@EddBolingbroke) June 17, 2021 https://twitter.com/QTRResearch/status/1405718992778579968 2020 Household debt growth(Source: Pictet)#China pic.twitter.com/GP7M7upbeJ — … Read more
I am going to the sporting goods store and splurge on a new ugly stik fishing pole and some quality fishing tackle . Get in the spirit of it . h/t open pit mind
I kind of want this to happen. Proper war is something that we need to stop identity politics and other woke nonsense. Not to mention that this would bring the factories back from China. h/t propshaft
⚠️🇺🇸#URGENT: State of Emergency declared for Louisiana as tropical disturbance gains power#Louisiana l #USGovernor Edwards is urging residents to move inland as landfall is expected Saturday. New Orleans city officials are also showing concern of a possible ‘flood emergency’. pic.twitter.com/yQRqYcbZKL — Intel Point Alert (@IntelPointAlert) June 18, 2021 h/t Anonymer
Dear community, please withdraw liquidity from all pools. We will share a post-mortem as soon as we have a better understanding of this bank run. USDC collateral is available for redemption as normal:https://t.co/tOacyNUVeL Iron Finance Team pic.twitter.com/I9BAZReLHk — IRON Finance (@IronFinance) June 17, 2021 https://coingeek.com/mark-cuban-endorsed-token-titan-plummets-100/
The Chamber of Commerce has issued a National Economic Crisis statement for the jobs situation. Also, food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx of capital going into the stock market from institutions, money managers, corporations, individual retail investors, … Read more
by confoundedinterest17 Yes, it is one day after Fed officials boosted the rate on its overnight reverse repurchase agreement facility by 5 basis points to 0.05% and decided to lift the interest paid on excess reserves by 5 basis points to 0.15%. The result? Reverse Repos soared. And the 5Y30Y Treasury curve declined. Long-term inflation breakeven rates … Read more
via Internationalman: International Man: What is a speculator, and why do they have such besmirched reputations? Doug Casey: Let’s first define a few terms. Most people bandy words around without a precise idea of what they mean. If a person can’t define a word precisely, he actually can’t know what he’s talking about. Let’s start with … Read more
https://www.youtube.com/watch?v=r3cQCcYD7ro Critstina Laila from The Gateway Pundit reports, US Attorney General Merrick Garland on Tuesday announced the DOJ’s national strategy for countering domestic terrorism. Garland said the biggest threat comes from white supremacists and spoke about the investigations related to the January 6 riot. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021…
https://www.youtube.com/watch?v=j_C-5qKZggw Becky Noble from The Political Insider reports, Veteran actor and Hollywood conservative Jon Voight blasted the media for their non-existent reporting of a recent story in which the son of Joe Biden, Hunter Biden, used the n-word repeatedly in a series of texts to his lawyer. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/holly…
Wall St. For Main St., Released on 6/17/21 Rents for single-family homes just saw the largest gains in nearly 15 years https://www.cnbc.com/2021/06/15/rents… US house prices are being pushed up by pension funds that are outbidding middle class families and purchasing up to 24% of houses in some areas they then rent out https://www.dailymail.co.uk/news/arti… That Suburban Home Buyer … Read more
Via Gen Z Conservative A very dangerous trend has been discovered as of late: hedge funds are buying up American housing. The Wall Street Journal, Federalist, and ZeroHedge have all reported on the problem, but the most succinct and useful depiction of what’s happening is this Twitter thread (you’ll want to read the whole thing and the articles in … Read more
by Lance Roberts Much like “Humpty Dumpty,” despite the Fed’s best efforts, you can’t create permanent inflation from artificial growth. Currently, depending on whether you are “bullish” or “bearish,” there is much angst over the prospect of higher inflation. If you are bullish, higher inflation is a reflection of surging economic growth. If you are bearish, higher inflation leads to rising costs … Read more
A letter from the former physician to two US presidents urging Joe Biden to undergo a cognitive test is going to put him under “a lot of pressure,” according to Sky News host Chris Kenny. Congressman Ronny Jackson – the former physician to both Barack Obama and Donald Trump – has written to Joe Biden … Read more
by confoundedinterest17 “The inflationary impulse is more intense than we were expecting,” St. Louis Fed’s Bullard. “There is some upside risk to that. You’ve got more reopening to occur in the second half of the year.” Well, Bullard is tied with Minneapolis Fed’s Neel Kashkari as the most dovish FOMC participants. Yes, even more dovish than … Read more
