by ISayBullish The Reverse Repo Program (RRP) is, in layman’s terms, a program where market participants lend cash to the Federal Reserve, in exchange for an interest rate of usually 0.8% and typically overnight in exchange for Treasuries or other government securities, with a promise to buy them back. That rate today changed from 0.8% … Read more
Inflation is a global phenomenon. pic.twitter.com/8zCSzNj430 — The Intellectualist (@highbrow_nobrow) June 16, 2022 Soaring inflation is a truly global phenomenon, with the U.S. near the middle of the pack, according to an analysis of 111 countries. https://t.co/3Ji2Pgcolh — Axios (@axios) June 13, 2022 Global Inflation Rates… pic.twitter.com/x7xbuXe3Dl — Charlie Bilello (@charliebilello) June 10, 2022 … Read more
Are we still happy that we got the Fed to ban insider trading? Pretty well marked the top of this run. 🤡 pic.twitter.com/advmYi1Rsw — Markets & Mayhem (@Mayhem4Markets) June 16, 2022
‘We are going to go into a really fast recession.’ “Housing is starting to roll over,” he said. “Inventories have exploded.” “There are layoffs in multiple industries, and the Fed is stuck,” he said, with a position of having to “hike [interest rates] until inflation rolls over.” Before the Fed announced its decision, Novogratz speculated … Read more
https://twitter.com/Jedi_ant/status/1537408179297976320 Who wants to tell him? https://t.co/MDWxPWo3RI — Doomberg (@DoombergT) June 16, 2022 Producer prices spike 10.8% in past year as inflation soars in America CNN reporter says Biden ‘worse than Jimmy Carter’ on inflation, Americans ‘holding him responsible’ Gas station sales jumped by 4.0% for the month, on spiking gasoline prices, to $66 billion, … Read more
If ALL OF THE following can't get $VIX above 45, what will? – Inflation at 9% – Food/gas prices at all time highs – 80%+ of tech in bear market – Sentiment at all time low – Raising rates 8+ times into a recession No bear market in history has bottomed with $VIX below 45. … Read more
by Martin Armstrong The European Central Bank has announced that it plans to create a new tool to tackle the risk of eurozone fragmentation, which is the new term for divergence among member states. They are adopting this tactic out of fears of a new European debt crisis that is inevitable. From the very beginning … Read more
by Shaun Richards Today we have woken up to something of a new reality as we review that rather panicky actions of central banks yesterday. It turned out that the ECB emergency meeting was something of what is called in modern language a nothing burger. They took their time to tell us they were planning … Read more
Quote to Sec Blinkin regarding the collapse of the global food chain, “In five months we’ve undone 20 years of progress“. https://www.bitchute.com/video/3pOGpeqTUsTE/ The woman speaking in the first video, Sara Menker, is a WEF Young Global Leader. h/t fortiori
https://twitter.com/WallStreetSilv/status/1537150566824128513 https://twitter.com/WallStreetSilv/status/1537165936796524545 https://twitter.com/WallStreetSilv/status/1537157534309826560
Atlanta FED GDPnow estimate has fallen to 0% for Q2 There is no way the smart money is going to return into the market in this environment pic.twitter.com/NsC7kpzk3M — Alessio (@AlessioTMAD) June 15, 2022 The $50 Billion Leveraged Loan Buyout Challenge May Get Worse https://t.co/aVTZfkGWyV — Alessio (@AlessioTMAD) June 15, 2022 Largest rate hike in … Read more
Just wait until house prices start to collapse Big short movie was just a joke compared to this https://t.co/FuNWxwQwBb — Alessio (@AlessioTMAD) June 15, 2022 US existing home months of supply trends 2008 has been a completely different environment In 08 we had: housing price affordability at the highest level and supply at record levels … Read more
by Charles Hugh-Smith There would be some deliciously karmic justice in the “dumb money” driving a rally that forced the “smart money” to cover their shorts and chase the rally that shouldn’t even be happening. Being cursed with contrarianism, as soon as a trade gets crowded and the consensus is one way, I start looking … Read more
CNBC, Released on 6/14/22 Leon Cooperman, CEO and chairman of Omega Family Office, joins CNBC’s ‘Squawk Box’ to break down his outlook for markets, the risk of a recession and more. Leon Cooperman is an American billionaire investor and hedge fund manager. He is the
by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the continuing collapse of the supply chain as more factories burn down, wheat supply collapses and gas prices skyrocket, all while studies are warning about potentially YEARS of empty shelves in Britain. This is all part of the Great Reset agenda to force people into a digital … Read more
Just to remind everyone … The guy that said the subprime problem was contained is now telling us the inflation problem is contained. — Jim Bianco (@biancoresearch) June 14, 2022
Granholm, in a clip surfaced Tuesday, made the case for going electric amid sky high gas prices ‘If you filled up your EV [electric vehicle] and you filled up your gas tank with gasoline, you would save $60 per fill-up,’ she said Granholm made similar points in a White House press briefing in May 2021. ‘If … Read more
Biden will attack ‘extreme MAGA laws’ on Wednesday afternoon when he signs executive order designed to roll back wave of anti-LGBTQI+ legislation The EO will seek to help transgender kids access healthcare and school support It also seeks an end to conversion therapy, calling on the Federal Trade Commission to consider issuing consumer warnings against … Read more
Biden administration proposes plan to have all Americans pay $350 to upgrade their furnaces so they are ‘energy efficient’ by 2029 The new rule would require that gas-burning residential furnaces be condensing gas furnaces Condensing furnaces which reuse gas and water vapor that normal noncondensing furnaces vent into the atmosphere All gas-burning furnaces on the … Read more
View post on imgur.com This guy Alex Mashinsky is ceo of Celsius (at least i think hes ceo,) debated Peter Schiff about 6 months ago and at that time he let it slip that his company could perhaps have been involved in risky undertakings. Schiff tried to get answers out of him but the guy … Read more
by: Ethan Huff (Natural News) In a vote of 48-21, the Democrat-controlled Assembly in California voted to pass AB 2223, which pro-life advocates have dubbed “The Infanticide Bill” because it would allow newborn babies to legally die with no penalty or punishment for the mothers. A form of post-abortion murder, the legislation would shield a mother from … Read more
by Chris Black We have been in a depression since the dotcom crash. Some of the greatest stock market rallies of all time, prior to the last decade of idiocy, were during the Great Depression. In my line of work, the average salary was $85k in 1997. Today it is $62k. 25 years have come … Read more
by Michael I can’t believe that they actually did it. Even though it is painfully obvious that the U.S. economy is slowing down dramatically and that we are heading into an excruciating repeat of the housing crash of 2008, the Federal Reserve decided to go ahead with the largest interest rate hike in 28 years anyway. History has shown … Read more
https://t.co/yhIwlQoUfo — Win Smart, CFA (@WinfieldSmart) May 16, 2022 Has #recession arrived already in the US? Atlanta Fed GDPNow Forecast point to another quarter with negative US growth. This following today's weak retail sales and Empire Manufacturing (source: @business ) pic.twitter.com/3c4qetsOB3 — Ole S Hansen (@Ole_S_Hansen) June 15, 2022 Atlanta Fed Slashes Q2 GDP Forecast … Read more
