“Big Short” investor Michael Burry believes Reddit-favored meme stocks are set to crash like the dot-com and housing market bubbles of previous decades, Barron’s reported. “We’re running out of new money available to jump on the bandwagon,” Burry told Barron’s. Burry was one of the first investors to spot and profit from the subprime mortgage … Read more
https://www.zerohedge.com/markets/federal-cash-illinois-vastly-more-commonly-reported-138-billion-and-counting We finally have a more comprehensive tally of the grotesquely oversized federal assistance dispensed under the guise of pandemic relief. It’s from CRFB, the Committee for a Responsible Federal Budget, and it’s broken down by states. It obliterates claims made by Illinois lawmakers that they’ve put this state on a sound fiscal path. Illinois, … Read more
On Wednesday, Ren Guoqiang, a spokesman for China’s defence ministry, issued a warning to Washington over its increasing military contacts with Taiwan. Mr Ren told the US that China firmly believes in reunifying with the island nation and is opposed to any foreign intervention. In a statement, he demanded the US to “sever all military ties with Taiwan”. … Read more
Facebook users are reporting they received alerts, “you may have been exposed harmful extremist content recently,” and “are you concerned that someone you know is becoming an extremist” with a button to click to get support. A user, who shared the screenshots of the “extremist content” message from Facebook, wrote this on his Twitter post. “It got more interesting … Read more
by Doug Casey via International Man Everyone who devotes any attention to investing inevitably develops his own specialties, approaches, and methods. In other words a style. There are many paths up the mountain, and all intelligent methods have merit. But the degree of merit can vary tremendously with the times. A value investor, who attempts to … Read more
https://www.youtube.com/watch?v=2PGWCGuarEk Related: HAHA: CNN: Biden should probably stop telling this story about Amtrak that can’t possibly be true. “If we really had the kind of aggressive media we had during the Trump years, someone would ask why Biden keeps getting this wrong and how much of the story is even true. But the media has no interest … Read more
The Federal Reserve gave U.S. banks a thumbs up as all 23 lenders easily pass the 2021 stress test. Best-selling author Nomi Prins says this is “not-so-shocking news… the biggest banks are OK after nearly 13 years of zero interest rate policy.” Speaking with our Daniela Cambone, she explains, “the Fed ‘only’ had to buy … Read more
https://www.nbcnewyork.com/news/local/nyc-hotel-industry-in-a-depression-room-revenue-down-60-report-says/3134878/
New details have emerged showing that Microsoft has been disclosing swaths of information to the United States law enforcement agencies in a manner that the firm has dubbed “routine”. RT’s Trinity Chavez and Boom Bust’s Ben Swann dig into the revelations and what rules justify the move. ( 1:03 ) Plus, a new global minimum … Read more
Stansberry Research, Released on 7/1/21 It is highly likely we have entered capitulation and that crypto prices have gone out of bounds; the first stop is Bitcoin at $20,000 and then possibly to $10,000 says Clem Chambers, CEO of ADVFN. “We are heading to BTC $20,000 and Ethereum $1,000. There will be almighty volatility,” he … Read more
Goldman Sacs put out a time line when they think supply chains will stabilize and refills, that’s Q2 2022, but its from demand destruction as prices become so expensive consumers stop buying. Freight rates hit $100,000 per day, Argentina halts beef and corn exports and the CME starts nature offset credits, made of air market, … Read more
The federal deficit will hit $3 trillion in 2021 for the second consecutive year, primarily because of the national spending blitz in response to the coronavirus pandemic, the Congressional Budget Office said Thursday. The deficit represents a slight decrease from last year but is triple that of 2019, and amounts to one of the biggest … Read more
BOSTON (CBS) – A rabbi was stabbed outside a Brighton synagogue Thursday afternoon. Boston Police were called to Shaloh House on Chestnut Hill Ave. around 1 p.m. One person was taken to the hospital with non-life threatening injuries and a suspect was taken into custody. I-Team sources said the suspect was armed with a gun … Read more
🚨 BREAKING NEWS 🚨 Citi, BofA, Goldman, other banks accused of credit default swap antitrust scheme and market manipulation. (2008 flashbacks anyone?) — unusual_whales (@unusual_whales) July 1, 2021 New Mexico’s sovereign wealth fund brought a federal antitrust lawsuit claiming Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., and other top financial institutions rigged the credit default … Read more
I’m going to start compiling these … please send along any tweets I may have missed — Tom Elliott (@tomselliott) July 1, 2021 Google & YouTube are removing videos and channels of Uyghurs & family members of people who have been disappeared in Xinjiang – per Reuters. https://t.co/J4IYV7LH9N pic.twitter.com/QBEGUglj5d — Stephen L. Miller (@redsteeze) July … Read more
Not liberal enough for lisping Tiffany Cross: In an open monologue, Cross told Maher that he does not “get to tell people of color what they should or should not be offended by.” She advised him to stay in his lane on the subject until he has had a diverse panel on his show discussing … Read more
Recently, Abigail Disney wrote an article entitled, I Was Taught From a Young Age to Protect My Dynastic Wealth (Miss Disney is the granddaughter of Roy Disney who founded with Walt Disney the successful entertainment company in 1923). According to Miss Disney: “When ProPublica published its report last week on the tax profiles of 25 … Read more
Basketball legend Shaquille O’Neal blasted fellow NBA star LeBron James after James complained about the league’s grueling new schedule, which he said is not giving NBA players enough rest. In fiery remarks, the former Lakers star argued that superstar athletes — such as James — continue to make massive amounts of money during a global … Read more
Pinterest has announced a complete ban on weight-loss ads, which goes into effect today. The policy builds on previous rules that prohibited ads for weight-loss or appetite-suppressant pills and supplements, liposuction and fat-burning procedures and body shaming. There’s now a blanket ban on ads with any weight-loss language or images, and those that reference Body … Read more
https://www.bitchute.com/video/jItys5xsIwM/
#Putin approves decree allowing Russian military to block Kerch Strait #Russia https://t.co/YzXSOj8F8I — UAWire (@uawire) July 1, 2021 Russia threatens to BOMB any warship that sails too close to Crimea after Moscow fired warning shots at British destroyer in Black Sea stand-offhttps://t.co/79vhuBT3v6 — Fitzpatrick Informer (@FitzInfo) July 1, 2021 US and Its Allies Turning Black … Read more
The ABC Daytime news and opinion show, “The View,” is now short one member as longtime host, and daughter of the late Sen. John McCain, Meghan McCain has decided to leave. The 36-year-old mother of one made the announcement on Thursday’s show, saying that she has four weeks left. “I’m just going to rip the … Read more
HANNITY: "Would you like to see [Trump] run again in 2024?" *crowd cheers* HANNITY: "Have you made up your mind?" TRUMP: "Yes" pic.twitter.com/rl5oDo0zSq — Daily Caller (@DailyCaller) July 1, 2021 https://www.thegatewaypundit.com/2021/06/yes-trump-asked-made-mind-running-2024-video/
