Month: April 2022

NYFed President Bill Dudley: If stocks don’t fall the FED will force them to fall

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Unlike many other economies, the U.S. doesn’t respond directly to changes in short-term interest rates, Dudley said, partly because most U.S. home buyers have long-term, fixed-rate mortgages. But many U.S. households, also in contrast to other countries, have a significant amount of their wealth in equities, which makes them sensitive to financial conditions. Dudley’s call … Read more

Dem Rep. didn’t report $900K in stock trades

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An Office of Congressional Ethics complaint filed Monday shows Rep. Tom Suozzi, D-N.Y., failed to properly disclose more than $885,000 in stock transactions as required by law. Suozzi did not report at least 31 stock transactions from September 2017 to June 2021 until last month, the complaint claims. The congressman’s trades “involved 9 companies that … Read more

Glenn Greenwald – I’m skeptical of whether Musk will be able to make the changes many of these liberals fear, or whether he’ll really try, but look how petrified they are about living in a world where tech oligarchs no longer censor at their behest. They don’t want to live in such a world

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Glenn Greenwald was a more liberal journalist if my memory serves me right. Maybe he’s more independent now. Makes a good point though. The deleted tweet I was referencing is below. There are many like these. @BrianStelter talked about liberal fears of Musk no longer censorship Twitter for them on CNN yesterday. pic.twitter.com/ySoc68A7Ip — Glenn … Read more

Proof the massacre in Bucha was staged?

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Finally, this is now conclusive proof that the massacre in Butcha was staged in order to provide the Western mass media with a pretext, ahead of Victoria Nudelman's visit to Europe, in order to stiffenn the sanctions against Russia. Unbelievable…! https://t.co/XlXNkA0otm — 𝗥𝗘𝗖𝗢𝗩𝗘𝗥 𝗬𝗢𝗨𝗥 𝗔𝗖𝗖𝗢𝗨𝗡𝗧𝗦 𝗛𝗘𝗥𝗘 (@kevin_techworld) April 6, 2022 Nastya Savchyshyn – one of … Read more

The Environmental Protection Agency has cleared the release of 2.4 billion genetically-modified mosquitoes in California and Florida.

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The Environmental Protection Agency has cleared the release of 2.4 billion genetically-modified mosquitoes in California and Florida. The mosquitoes, created by biotech firm Oxitec, will be non-biting Aedes aegypti males engineered to only produce viable male offspring, per the company. Oxitec says the plan will reduce numbers of the invasive Aedes aegypti, which can carry diseases like Zika, yellow fever and … Read more

Former New York Fed President: The Fed’s chances of pulling off a soft-landing “are very, very low”

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The Fed's chances of pulling off a soft-landing "are very, very low," says Bill Dudley, former New York Fed President and Bloomberg Opinion Columnist https://t.co/owt2IMb5I9 pic.twitter.com/iAYI4yDyZY — BSurveillance (@bsurveillance) April 6, 2022 DEUTSCHE first big bank to forecast recession Black-Swan Funds Thrive Brainard is amongst the most dovish FOMC members. She is quoting Volcker. Let … Read more

George Gammon: Sanctions are merely a way for Rich people to feel good at the expense of the poor.

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Sanctions are merely a way for Rich people to feel good at the expense of the poor. — George Gammon (@GeorgeGammon) April 6, 2022 ECONOMIC SANCTIONS PARADOX:1. EU countries sanction Russia to hurt its economy2. The commodities that Russia sells increase in price 3. EU countries buy these commodities at the higher prices4. Russia's economy … Read more

Twitter Shares Jump After Elon Musk Buy-in

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by Chris Black So Musk made what, 35% return on his investment in a week? Not because of anything the company did, but just because he bought into it. This is celebrity investing and the fools that chase it in a nutshell. Elon made more money in stock appreciation than Twitter makes in profit. Twitter … Read more

Say Hello to the Gold Backed Ruble

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by Chris Black Russian central bank announced that it will put the ruble on a gold standard. The bank pegged 1 gram of gold to 5,000 rubles. Now that means, one troy ounce of gold or 32 grams of Gold would now cost 160000 rubles in Russia. At the current exchange rate, 32 grams of … Read more

Senator Carper just reported heavily shorting the market…. The bear market rally is over?

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Senator Carper just reported heavily shorting the market. He was elected to improve businesses, jobs, and the economy – but now he's personally betting against that. Not a good look for an American lawmaker. Report edited. pic.twitter.com/eehy2vARm1 — congresstrading.com (@congresstrading) April 5, 2022 NO BIDS: THE BEAR MARKET RALLY IS OVER https://t.co/X1lyNHS32n via @the_real_fly pic.twitter.com/zxGfoZW2Ei … Read more

Ex-NFL Player: $20 Gas OK if ‘No Trump’

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Two-time Super Bowl champ turned Fox Sports NFL commentator Shannon Sharpe is happy for the rest of us to live with skyrocketing gas prices if that’s the price of no more mean tweets. The 53-year-old former Denver Broncos tight end tweeted his disdain for former President Donald Trump in response to a challenge from another … Read more

The rent is too damn high…

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Rental prices for single-family homes have skyrocketed to record levels across the U.S., increasing to an average of 7.8 percent in 2021. Apartment rents are up too. “Of the markets in our analysis, 97.7 percent recorded price increases for one-bedrooms and all markets saw increases for two-bedrooms [100 percent],” the report, issued last month, said. “Nationwide rent … Read more