by __brodo__ The yield on the government bond has profound effects on the economy, feeding into home mortgage rates and borrowing costs for companies. The higher yield, which rises when bond prices fall, is tightening financial conditions after two years of the coronavirus pandemic. https://www.ft.com/content/b164866c-90b4-47fc-bf17-8f5b300564e3
by throwaway92715 Typically, throughout history, when the market indices have quadrupled in the last decade, and doubled in the last two years, it is the sign of a stable bull market that lasts for years to come. I can think of a number of precedents in history when the peak of a sustained parabolic trend … Read more
by Michael I am sitting here absolutely stunned as I write this. According to a draft decision obtained by Politico, the U.S. Supreme Court is going to overturn Roe v. Wade. My initial reaction was that this is the best news that we have had in decades. We all knew that the Dobbs case had the … Read more
@hkuppy we’ve entered the stickers on menus phase of inflation… pic.twitter.com/Hb8y1pn05Z — Jake Bergmann (@JakeBergmann1) May 2, 2022 https://twitter.com/WallStreetSilv/status/1521036773396291592 https://twitter.com/WallStreetSilv/status/1521167165558333440 Survey: 94% of US Consumers Have Made Lifestyle Changes Due to Gasoline Prices High gas prices have caused 94% of consumers to make lifestyle changes to keep costs down, according to a survey conducted by DMS Research … Read more
by Martin Armstrong The majority of Americans believe Joe Biden should vacate his office if (when) Hunter’s laptop from hell is revealed. Studies by liberal-backed firms indicate this notion. Harvard University’s Center for American Political Studies (CAPS) and Harris, a firm run by Democrat Mark Penn, found that only 37% of respondents believe Biden should run … Read more
Road maintenance is largely funded with gasoline taxes. EV drivers need to pay their fair share! BATON ROUGE, La. (AP) — Louisiana owners of electric or hybrid vehicles would be charged an annual state road usage fee under legislation that cleared the House Transportation Committee on Monday. https://apnews.com/article/technology-business-louisiana-electric-vehicles-baton-rouge-9856b410a1f9ba4cd853d88f25358e94 https://apnews.com/article/technology-business-louisiana-electric-vehicles-baton-rouge-9856b410a1f9ba4cd853d88f25358e94 https://apnews.com/article/technology-business-louisiana-electric-vehicles-baton-rouge-9856b410a1f9ba4cd853d88f25358e94
The recent leak of a draft opinion that signals the U.S. Supreme Court is ready to overturn its decision in Roe v. Wade is unprecedented in the Court’s modern history. On Monday, Politico reported on a draft opinion it obtained “from a person familiar with the court’s proceedings,” reportedly written by Supreme Court Justice Samuel … Read more
— meaning they wouldn’t have to spend time and money filing their taxes (Business Insider) Every year, millions of Americans sit down to puzzle out their taxes — or pay someone else to do it. That’s not the case in many countries. The Atlantic reported that an average Estonian spends just about five minutes during … Read more
by Peter Schiff of Peter Schiff Podcast Mortgage are rates too high for anyone to refinance for better rates. Markets rally on horrific economic news. FULL SHOW NOTES AND LINKS HERE
