Month: July 2021
Enormous Red Flag: 1st Time Ever Junk Bond Yields Now Below CPI Inflation Signal Overcrowded Trade?
For the first time ever, Junk-Bond Rally Pulls Yields Below Inflation https://www.wsj.com/articles/junk-bon… Within only 2-3 months after corporate bond and credit markets froze up completely in February and March 2020, Wall St bond salespeople restarted selling (and increasing) massive amounts of junk bonds, leveraged loans and other toxic sausage OTC derivatives. Now too many hedge … Read more
Dan Bongino Just Issued a 5-ALARM WARNING—Biden Now Compiling New List Of ‘Dissidents!’
https://www.youtube.com/watch?v=5eMb7qbztlU
Daniel Lacalle explains how and why the Fed continues to aggressively pervert the real estate market
Daniel Lacalle, Released on 7/16/21 “What the Fed is doing by purchasing mortgage-backed securities is eliminating the forces of the market in housing.” Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business … Read more
Visualizing U.S. Household Debt, by Generation
by visualcapitalist The year 2020 could be categorized as one where debt grew across the board. In the U.S., every generation except the Silent Generation saw their debts rise in the last year. But how much debt does each generational household owe? Generation 2019 2020 Growth (%) Generation Z (18-24) $9,593 $16,043 67.2% Millennials (25-40) $78,396 $87,448 11.5% … Read more
Welcome to San Francisco…
Welcome to San Francisco. https://t.co/WZzOWNC9Ey — Ian Miles Cheong (@ianmiles) July 16, 2021
Why you can’t trust the media…
If there’s one thing we’ve learned about the national media, it’s that they don’t see themselves as a part of our democracy. They see themselves as the dictators of it. The Washington Post’s Perry Bacon Jr. (yes, that’s a real name) wrote Wednesday that it’s necessary for leftist media to recalibrate in the post-Trump years. But not … Read more
Devastating floods in Germany… 1000+ possibly deceased… Intense Video…
NEW 🚨 About 60 dead, dozens missing, thousands out of power after devastating floods in Germany pic.twitter.com/Th0grxZ2Aj — Insider Paper (@TheInsiderPaper) July 15, 2021 Anwohner retten Feuerwehrmann 👏🤝👍🏼🤝👏 Residents save firefighter#Hochwasser #Starkregen #Feuerwehr #Helfer #Unwetter #Deutschland #ueberschwemmung #Flutwelle #flut #nrw #RheinlandPfalz #teamwork #retter #Germany #Flood #floodinggermany #firefighters Quelle: Facebook pic.twitter.com/xUnpBKyRNw — FlowerOfTheForest (@FlowerOfTheFor1) July 15, … Read more
AOC Blames U.S., Not Communism’s Failures
pic.twitter.com/NhG4DUYoON — Rep. Alexandria Ocasio-Cortez (@RepAOC) July 16, 2021
UMich missing, inflation expectations soaring… Retail Sales YoY: Huge soar…huge decline. Bubble is over?
Retail Sales YoY: Huge soar…huge decline👀Bubble is over🧐 pic.twitter.com/o8fnGv9p4Z — Antonio Pérez-Algás (@apanalis) July 16, 2021 UMich missing, inflation expectations soaring – this is a perfect toxic cocktail for the consumer — Alastair (@StockBoardAsset) July 16, 2021 Looking at this market, you wouldn't think that the Fed is injecting $6BN in liquidity every day — … Read more
Impending Financial Crisis 2.0? Matt Taibbi Hears Echoes Of 2008
by Adam Taggart, Wealthion Thirteen years after the start of the Global Financial Crisis, many of the same excesses that caused it can be seen today. In many cases by the same players. Wall Street is fat with corporate profits again. Governments are flooding the world with oceans of debt. Speculation is back with a vengeance … Read more
Biden Press Sec calls for users banned on one social platform to be banned from ALL social platforms
Seriously, who the fuck is the White House to be dictating who should and should not be banned from social media platforms, to keep lists of who they think are the spreaders of "misinformation," and then pressure companies they regulate to obey? This is pernicious shit: https://t.co/WlZlbCjlqT — Glenn Greenwald (@ggreenwald) July 16, 2021 https://twitter.com/Rothbard1776/status/1416105762615611394 … Read more
Unbridled Stimulus: Could Money Be Worthless In Just Six Months
by David Morgan of The Morgan Report Could Money Be Worthless In Just Six Months | https://www.themorganreport.com Prior to the Great War, the gold standard reigned supreme. The jury is still out on whether the dollar’s long run as the world’s leading reserve currency will last much longer. However, as we’ve discussed many times, our bet is that the … Read more
Bank of England QE is coming under increasing fire as inflation rises
by Shaun Richards This has been a bad week for central bankers as we have seen inflation soar above their predictions. The 5.4% for US CPI is not what the Federal Reserve explicitly targets but suggests a trend well above its thinking and that is before we get to the issue of the “transitory” or … Read more
Jerome Powell: “Printing money does not cause inflation”
We’re f^cked. http://www.kitco.com/news/2021-02-24/Jerome-Powell-says-money-printing-doesn-t-lead-to-inflation.html# Quote:In response to a questions posed by Congressman Warren Davidson about whether “M2 [money supply] going up by 25% in one year” is going to “diminish the value of the U.S. dollar,” Powell responded, “there was a time when monetary policy aggregates were important determinants of inflation and that has not been … Read more
In Lie Filled Speech, Biden Again Makes False Claims of Jim Crow 2.0
https://www.youtube.com/watch?v=ZpOaQHOQZwA Katie Pavlich from Townhall reports, Speaking in Philadelphia Tuesday afternoon, Joe Biden doubled down on false claims Republican governors are enacting Jim Crow “voter suppression” laws in states across the country. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/katiepa…
LOL! Tucker Carlson DECIMATES Eric Swalwell in this BLISTERING Must See Segment
https://www.youtube.com/watch?v=EhirgiEy4us Katie Daviscourt from The Post Millennial reports, Fox News host Tucker Carlson and conservative commentator Mark Steyn slammed House Rep. Eric Swalwell (D-CA) on Wednesday for riding shirtless on a camel in Qatar for yet another one of the politician’s endless foreign adventures. Read More/Source/Credit/FairUse: https://thepostmillennial.com/watch-t…
Male flight attendants with stubble in dresses… It’s real and it’s out of control.
Please tell me this is from the Babylon Bee. pic.twitter.com/S7q8obnNbp — Jerry Davis (@cowdogexpress) July 16, 2021
Janet Yellen Warns MUCH MORE INFLATION Coming!
Inflation is everywhere today! Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on markets right now globally because of the inflation of the money supply. As a result, we are finding prices of just about everything being higher. Money, cash, debt … Read more
America has SPOKEN: This Poll Reveals What People ACTUALLY Think of Anti-American Olympians
https://www.youtube.com/watch?v=wXiXvuxhPPc Landon Mion from Townhall reports, Most racial minorities and Democrats would not support U.S. athletes participating in anti-American protests during the Tokyo Olympics after hammer thrower Gwen Berry protested the national anthem following her third place finish at the Olympic trials last month. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/landonmion/2021/07/12/poll-61-of-black-people-oppose-antiamerican-olympic-protests-n2592412
Is Gates Thinning the Heard with a Food Crisis?
by Martin Armstrong Biden is now paying farmers not to grow crops and was perhaps directed by Bill Gates, who has become the biggest farmland holder in the USA. The risk of starvation around the world is rising. The real question is very dark. Is this part of Gates’ idea on how to reduce the … Read more
California approves nation’s first state-funded guaranteed income program
SACRAMENTO, Calif. — California lawmakers on Thursday approved the first state-funded guaranteed income plan in the U.S., $35 million for monthly cash payments to qualifying pregnant people and young adults who recently left foster care with no restrictions on how they spend it. The votes – 36-0 in the Senate and 64-0 in the Assembly … Read more
Can we just take a minute and laugh together about this?
https://twitter.com/MattWalshBlog/status/1415669717168271360 h/t Dan
Cuban-American woman explains the situation in her native country…
https://youtu.be/KEVjYPM2Kjc Citizen Free Press, Released on 7/15/21 “I’m sick and tired of this dictatorship.”