Month: July 2022

Housing Bubble Getting Ready to Pop: Pending Sales Plunge in June, Inventory Jumps, Price Reductions Spike amid Holy-Moly Mortgage Rates

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by Boo_Randy Anyone stupid enough to have bought into the Fed’s insane Housing Bubble 2.0 over the past two years is going to get their head handed to them when it all comes crashing down. Got popcorn? https://wolfstreet.com/2022/07/01/housing-bubble-getting-ready-to-pop-pending-sales-plunge-in-june-homes-listed-for-sale-jump-price-reductions-spike-amid-holy-moly-mortgage-rates/ Pent-up supply suddenly shows up – those vacant homes that no one was counting as vacant. For … Read more

Sri Lanka promises to stop printing money soon as inflation hits 60%

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by Boo_Randy Watch & learn, Jerome Powell, Yellen the Felon, & Brandon. https://www.independent.co.uk/asia/south-asia/sri-lanka-inflation-rate-money-printing-b2115862.html Sri Lanka, which is facing one of the worst economic crises in years with depleting foreign reserves, recorded the highest inflation in Asia amid plans to stop printing local currency to pay salaries. Prime Minister Ranil Wickremesinghe said on Tuesday that the inflationrate is expected … Read more

A Massive Police Database of Allegedly 1 Billion Chinese Citizens Is Being Sold Online

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by Boo_Randy If you want to see the “fundamental transformation” the globalists and their Democrat-Bolshevik Quislings have in mind for America, just look at the creepy Orwellian surveillance & control measures the DNC’s ideological mentors in the CCP have implemented in China. https://www.vice.com/en/article/y3pgyw/china-leak-1-billion-shanghai-police The sample files contain a trove of crime reports, including cases of … Read more

This is a major breakout for the greenback as a result of this continued global flight to safety trade.

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The US dollar index at *106.04*, a 19-year high! The Euro is nearing parity, sinking down 1.26% to 1.035. This is a major breakout for the greenback as a result of this continued global flight to safety trade. pic.twitter.com/8PH7wOfMEm — Markets & Mayhem (@Mayhem4Markets) July 5, 2022 … leaving would-be #leverageloan borrowers in the lurch: … Read more

Deflation to Trigger Fed’s 180

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by David Brady via Sprott Money While everyone is focused on inflation, it is becoming increasingly clear that we’re on the cusp of deflation in everything but necessities such as food and energy. It is also convenient for the Fed that they exclude the most important factors for consumers in their analysis of inflation and its influence on … Read more

Payment For Order Flow & The SEC’s Plan To End It

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By Lance Roberts “Payment For Order Flow” remains a contention between retail investors and Wall Street. On the one hand, it creates the ability to have “free trading” for retail investors. However, it also creates an opportunity for Wall Street to “front-run” individuals for profit. In financial markets, “Payment For Order Flow,” or “PFOF,” refers to a broker’s compensation from third parties to influence how the … Read more