Month: July 2022

Liquidity is starting to deteriorate, and a great insight into this is the Repo market… This is a sign of liquidity event brewing.

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Liquidity is starting to deteriorate, and a great insight into this is the Repo market. Failures to deliver (Bonds used as collateral in Repurchase agreements) have been elevated and are up 22% on a WoW basis. This is a sign of liquidity event brewing. pic.twitter.com/AkzKu9rnCU — Deer Point Macro (@deerpointmacro) July 30, 2022 FRA-OIS spreads … Read more

Australian house prices fall at ‘fastest rate’ since 2008 financial crisis

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by Boo_Randy Once again, the central bankers have blown ginormous speculative housing bubbles that pose systemic risks to national and global financial systems. Once again, these bursting bubbles are going to wipe out trillions in make-believe “wealth” created by fake money. Once again, our globalist Quisling “leaders” will force taxpayers to cover the gambling losses … Read more

The Fed Just Got Rid of Forward Guidance Because It’s Making It Up as It Goes

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by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee announced Wednesday it is raising its key policy rate—the federal funds rate—by 75 basis points to 2.5 percent. According to the FOMC’s press release, the committee recognizes that economic activity is declining but that Consumer Price Index (CPI) inflation also “remains elevated”: Recent indicators of spending and production … Read more

Inflation is so high that Americans are cutting back on food spending. The nonprofit food bank is spending 40% more to purchase the same amount of supplies as last year.

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by BoatSurfer600 Inflation is so high that Americans are cutting back on food spending, per WSJ. — unusual_whales (@unusual_whales) July 31, 2022 The nonprofit food bank is spending 40% more to purchase the same amount of supplies as last year, in which they served 85 million meals Source: https://www.foxbusiness.com/economy/food-banks-face-inflation-struggles-surging-demand-never-seen-anything-like-this If CPI prints at 0% every single … Read more

Severe Economic Desperation Rises Rapidly All Over America As Nearly Half The Nation Cuts Back Spending On Food

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by Michael It is starting to look a lot like 2008.  Extremely long lines are forming at food banks all over the country, job losses and layoffs are starting to spike, countless small businesses are right on the brink of going under, a housing crash that could be even worse than what we witnessed in 2008 has begun, and large … Read more