JP Morgan says buy & Morgan Stanley says sell.

This smoke and mirror charade can’t last forever. One of Wall Street’s Most Vocal Bears Says Sell The Rally “Last week was nothing more than a vicious bear market rally,” Morgan Stanley’s chief U.S. equity strategist Michael Wilson wrote in a note. “While it may not be completely finished, it is a rally to sell.” https://finance.yahoo.com/news/one-wall-streets-most-vocal-081404247.html After one … Read more

Powell Says ‘Inflation Is Much Too High’ and the Fed is considering more aggressive rate hikes to tame inflation

Jerome H. Powell, the chair of the Federal Reserve, voiced worry about inflation expectations and declared the central bank ready to do what it takes to control rapid price increases. https://www.nytimes.com/2022/03/21/business/economy/powell-fed-inflation.html Fed Chairman Jerome Powell vowed tough action on inflation, which he said jeopardizes the recovery. Powell said the Fed will continue to hike rates … Read more

Karl Denninger’s Prediction: They Will Raise Interest Rates and Collapse the Stock Market to Stop Inflation: I Know You Don’t Think So. You’re Wrong

I Know You Don’t Think So. You’re Wrong [Comments enabled] https://market-ticker.org/akcs-www?post=245472 Powell once again jawboned Monday, stating that “he knows” inflation is “much too high” and that The Fed “will” act as required to stop it. First comes the jawbone. Then, if it doesn’t work (and it won’t in this case) comes the action. No … Read more

Free stuff for the homeless doesn’t work out the way Oakland’s ‘tiny houses’ advocates thought it would

**Encampment Fire**2nd Ave & E12th Street. #oakland #oaklandfire 🎥@CitizenAppSFO pic.twitter.com/JWTC3W3Z5a — Oakland Firefighters (@OaklandFireLive) March 21, 2022 Seems the idea of “free homes” for the homeless, touted as a panacea to end the problem, isn’t quite working out the way its advocates said it would. In Oakland, at a concentrated community of “tiny homes,” given … Read more

Evergrande trading suspended indefinitely…

China Evergrande will not be able to publish its financial results for last year by March 31, as required by stock listing rules, as audit work has not yet been completed, the company has announced.   Its two Hong Kong-listed units, China Evergrande New Energy Vehicle Group and Evergrande Property Services Group, said the publication … Read more

One Silver Eagle is now $42.86

So Paper Silver is $25.26 But tangeble Silver is now $42.86 / Oz…. https://www.silver.com/2022-1-oz-silver-american-eagle-coins/ Even if you prefer retardland backed Silver it is still $36.73/Oz… https://www.silver.com/2015-1-oz-silver-canadian-maple-leafs/ Spread seems larger than usual…. h/t WiscoSteve

Inflation & JIT to Cripple Food Supply

With skyrocketing input costs and overwhelming regulations, farmers must become resilient. Joel Salatin says farming mega-companies will be faced with potentially crippling challenges while the smaller companies will win out. Salatin reiterates encouragement and tips for individuals and families to increase food security and self-reliance NOW!