Month: January 2022

Massive Global Stock Market Correction In Progress

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Every sector is showing systemic weakness… The Russell 2000 is down -17.24% and the average drawdown for stocks within the index is -36%.$IWM pic.twitter.com/uF4KAzhNul — Andrew Thrasher, CMT (@AndrewThrasher) January 21, 2022 Quality matters among small caps: Russell 2000 (no profitability filter used) has plunged relative to S&P 600 (profitability filter used) over long term … Read more

Bidenflation: Highest Since 1984… Scalise: ‘Grading on Curve, Biden an F’

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Factory activity in the Philadelphia area rebounded as demand strengthened in January after a sharp slowdown in the previous month, according to a survey from the Federal Reserve Bank of Philadelphia released Thursday. Inflationary expectations of manufacturers, however, jumped to the highest level in decades. The index for current general activity of the Business Outlook … Read more

WE’RE F*CKED – Jim Cramer says the stock market is getting closer to forming a bottom

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CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to an investable bottom after a challenging start to the new year. However, the “Mad Money” host said the market’s steep turnaround late in Thursday’s session “inspired a lot of terror.” That signals the market “still has some work to do” before … Read more

M&Ms melt into wokeism…

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The VP of M&Ms explains that they’re making the M&Ms characters more inclusive in order to “start a movement.” The girl M&Ms will be focused on “empowerment” while the orange M&M will “embrace his true self.” This is not a parody pic.twitter.com/Fo7km8XTSD — Matt Walsh (@MattWalshBlog) January 20, 2022 h/t CFP

Federal Reserve releases White Paper on creation of digital U.S. Dollar.

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Read it here… https://twitter.com/davidgura/status/1484243638485925893 “The Federal Reserve does not come to a conclusion on the digital dollar but has a long list of benefits of risks,” @Jenniferisms reports on the Fed’s white paper, noting that the Fed would need authorization from Congress to issue a central bank digital currency. pic.twitter.com/jMCNExMjxu — Yahoo Finance (@YahooFinance) January … Read more

You Know We Are In a Bubble When Financial News Is Pushing Retarded Options Plays Like WSB

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by TheRealJugger I literally spit my coffee out laughing at some of the straight retarded shit this article talks about, lets dive into the analysis. Source: The Stock Market Is on a Bumpy Ride. Try These 2 Stocks for Stability- https://www.barrons.com/articles/stock-market-volatility-tesla-nov-51642667402 To begin, it tells readers this little gem: “Stop trying to make sense of what’s happening … Read more

Choose One, But Only One: Defend the Billionaire’s Bubble or the U.S. Dollar and Empire

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by Charles Hugh-Smith The Empire is striking back, protecting what really counts, and the Billionaire Bubble sideshow is folding its tents. One of the most enduring conceits of the modern era is that the Federal Reserve acts to goose growth and therefore employment while keeping inflation moderate (whatever that means–the definition is adjustable). This conceit is extremely handy … Read more

The FSB Stopped the Illegal Activities of the Network of “Crypto Farms” in Dagestan

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by Chris Black As a result of operational-search activities in Kizlyar and Makhachkala, 4,343 units of computer equipment worth more than 500 million rubles were found and confiscated.  According to experts, the total capacity of illegally consumed electricity was about 8 megawatts per hour Cryptocurrencies may fall under large-scale regulatory bans in the world, more … Read more

If They Can’t Even Define What a Woman Is, How Can Anyone Then “Transition” to What is Unknown?

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by Chris Black Society has degenerated so badly that “two genders” discourse from ~5 years ago actually serves a purpose now. Gotta hand it to Matt Walsh, he is by far the most based of American mainstream conservative commentators. Here’s the part on Dr Phil where I demonstrate that the “gender experts” cannot even define … Read more

Peloton & its stock are imploding.

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Where are the next Pelotons? Look to Tesla, crypto, SPACs, NFTs, high-flying tech stocks, and more. Whatever was "hot" during the malinvestment bubble of the past year-and-a-half is suspect.https://t.co/SdM9tLBZDL — Jesse Colombo (@TheBubbleBubble) January 20, 2022 From CNBC: Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company … Read more

Investing Legend Jeremy Grantham Turns Apocalyptic, Expects Stocks To Crater 50% In Largest Wealth Destruction In US History

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It was several years ago when Jeremy Grantham quietly turned from stock bull to vocal permabear, and while his market notes turned breathlessly alarmist (if only to those who were long his multi-billion fund GMO), such as this from June 2020 “Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ … Read more

Small caps -18% from the November highs…. Inflation and slowing growth are driving the market down like ‘fire and ice’

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https://t.co/hIyV5rrzYC — Invariant Perspective (@InvariantPersp1) January 20, 2022 🇺🇸Philly Fed Mfg Index Update🧐 pic.twitter.com/mNmNJnH60b — Antonio Pérez-Algás (@apanalis) January 20, 2022 A broad measure of money (that includes institutional money assets like treasury bills) is back to its pre-crisis growth rate. Other, narrower measures of money still show higher growth rates. But as @RebelEconProf & … Read more