What’s going to happen when all the recent inflows, which exceed the combined inflows since 2001, get nervous and decide to exit? What happens if they do it when the bid isn’t very deep (which is very likely)?The investment landscape is set up for a wipeout. pic.twitter.com/QCeTCeEzKk — AnilVohra1962 🇬🇧🇨🇦 (@AnilVohra1962) January 6, 2022 2/ … Read more
By Aden Tate The snow of a white Christmas can quickly turn into a powdery nightmare when it comes to getting back home, and this was exhibited perfectly on Virginia’s I-95 earlier this past week. It was here in Virginia that the world witnessed not just one, but several snow-related transportation disasters which left thousands of people … Read more
Now Britain gets hit by BIRD FLU https://t.co/L1TwHImPrr pic.twitter.com/jxttSCEVxl — Daily Mail (@DailyMail) January 6, 2022
Multiple personality disorder is the hottest new trend on TikTok. Social media is a laboratory manufacturing one social contagion after another. pic.twitter.com/gS9vlcFBge — Matt Walsh (@MattWalshBlog) January 4, 2022 h/t John Dutton
https://www.youtube.com/watch?v=lsdxXKZG6fU
https://twitter.com/libsoftiktok/status/1478442829600870401 Dan
by confoundedinterest17 Now that inflation has reared its ugly head, how can investors protect themselves against the ravages of inflation? Back in 1977, Fama and Schwert showed that housing acted as a hedge against inflation. Over the past year as inflation has reached its highest levels in 40 years, home prices have outpaced inflation by 19.08% to … Read more
by Shaun Richards Last night brought us a reminder of a symptom of a long-term issue facing the Euro area and hence the European Central Bank or ECB. It was an unintentional consequence of the US Federal Reserve Minutes. Participants generally emphasized that, as in the previous normalization episode and as expressed in the Committee’s … Read more
Zac Kriegman had the ideal résumé for the professional-managerial class: a bachelors in economics from Michigan and a J.D. from Harvard and years of experience with high-tech startups, a white-shoe law firm, and an econometrics research consultancy. He then spent six years at Thomson Reuters Corporation, the international media conglomerate, spearheading the company’s efforts on … Read more
Media gearing up for wall-to-wall coverage of January 6 anniversary like its the Super Bowl New @thaleigha_ video: pic.twitter.com/KhO4XwI3PP — Washington Free Beacon (@FreeBeacon) January 6, 2022
#FX #forex $AUDUSD 📉https://t.co/rec4T7QcjK — Invariant Perspective (@InvariantPersp1) January 6, 2022
(Bloomberg) — Turkey’s central bank posted an extraordinary daily profit of around $10 billion on the final day of 2021, sparking questions on what caused this overnight boon that will trickle down to the nation’s Treasury.Most Read from BloombergThe monetary authority had penciled in an annual loss of around 70 billion liras ($5.2 billion) on … Read more
Bitcoin and other cryptocurrencies fell sharply on Thursday as hawkish minutes from the Federal Reserve’s December meeting hit global risk assets. Expectations of less monetary policy support and higher interest rates sent stocks lower on Wednesday. The sell-off filtered through to cryptocurrencies. Bitcoin and other cryptocurrencies fell sharply on Thursday as hawkish minutes from the … Read more
Richard H. Clarida, the departing vice chair of the Federal Reserve, failed to initially disclose the extent of a financial transaction he made in early 2020 as the Fed was preparing to swoop in and rescue markets amid the unfolding pandemic. Mr. Clarida previously came under fire for buying shares on Feb. 27 in an … Read more
(Bloomberg) — President Joe Biden plans a blistering critique of Donald Trump as he marks the one-year anniversary of the Jan. 6 riot at the U.S. Capitol with a speech that will warn of the dangers of misinformation and subverting democracy. The president on Thursday morning will also call on lawmakers to pass voting rights … Read more
by Jason Burack of Wall St For Main St A new poll shows voters think Biden is making inflation worse. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy http://www.patreon.com/wallstformainst or Patreon dot … Read more
by Keith Weiner of Monetary-Metals The Ship of Theseus is an old philosophical thought experiment. It asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? We are not going to try to resolve this millennia-old paradox. Instead, we are going to add one more element, and … Read more
by laflammaster Kaisa with $132M, Country Garden with $128M, Sunac China with $108M, and Shimao with $106M due this month. Four companies comprise 72% of all payments which total to $656M. https://twitter.com/ImJames_K/status/1479070386255974404 [Contagion] Looks like Modern Land still not being able to pay their October coupon payment.
When thinking about cryptocurrency investing, many will immediately associate it within the same breath of gambling. Naturally, many will link the two activities due to the amount of risk that can be associated with the two different activities, however when breaking each of them down, it is extremely clear that investing and gambling are two … Read more
by Charles Hugh-Smith So one index or asset or another hits a new high, wow, more proof everything is so robust and healthy, we never had it so good–right up to the seizure and collapse. Some readers occasionally make the point that I’ve been predicting a market crash for ten years and been dead-wrong for … Read more
by Chris Black Today was a bloody day for both stonks and crypto, especially for the latter, as BTC hit $42.5k before bouncing back a bit, after it was revealed that the FED claims to be interested in a “fast” rate-hike this year, whatever that means. BREAKING: Fed officials said a growing economy and higher … Read more
by Chris Black People love to complain about “Liberalism” but the vestiges of Anglo “Liberalism” are pretty much the only reason we aren’t in gulags right now. When 2030 hits, the critics of “Liberalism” will beg to live in a “Liberal” society. Globalists aren’t “Liberals.” They don’t give a damn about “Liberal” values. Even their … Read more
Designed as a 2 hour test, the teachers were given 3; a passing score is just 70%. h/t Electricutie
by confoundedinterest17 The last mortgage purchase applications index from the Mortgage Bankers Association was released this morning. The headline is “Mortgage Purchase Applications Plunge 10% WoW (since the previous week). But this is called “Seasonality.” And it happens EVERY YEAR. Here is a chart of mortgage purchase application (NON-seasonally adjusted). What will happen when the … Read more
