https://www.msn.com/en-us/money/companie…de4d732d45 As tech stocks take a tumble amid a broader market downturn, Meta chief executive Mark Zuckerberg has delivered a harsh message to employees: Step up or clear out. In an employee Q&A on on Thursday, the Facebook founder told employees to brace for tough times ahead, according to audio reviewed by Reuters. “If I … Read more
https://www.msn.com/en-us/money/realesta…880a3a64f4 At a time when rising gasoline and food prices are already straining Americans’ budgets, many apartment tenants are grappling with soaring rents. The Miami-Fort Lauderdale-West Palm Beach metropolitan area in Florida saw overall median rent soar over 50% in April from a year ago, to $3,045 a month, according to Realtor.com. Nationally, the median … Read more
(The Hill) – Seven in 10 Americans say they do not want President Biden to run for a second term, according to a new poll that comes as Biden’s approval numbers remain low and his party braces for losses this November. A Harvard CAPS–Harris Poll survey shared exclusively with The Hill found that 71 percent … Read more
Liberal colonizer gets owned. pic.twitter.com/k3K2oK6BFU — Ian Miles Cheong (@ianmiles) July 2, 2022 Even though technically both sides of my ancestry are colonizers. It’s ok I don’t pass as “white” therefore I get a free pass. — Ian Miles Cheong (@ianmiles) July 2, 2022 h/t John Dutton
by The Phoenix Yesterday I outlined that the Fed is once again lying to Americans about the risks they face. The big lie of 2021 was that inflation was non-existent or “transitory.” We all know how that turned out. Inflation is at a 40-year high, gas is over $5 a gallon, and Americans have never spent … Read more
via gloomboomdoom: If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.” Alan Greenspan “Bernanke Is Fighting the Last War” – “Everything works much better when wrong decisions … Read more
Since mid-April, many depositors have been unable to withdraw their money from several rural banks in Henan. According to the media, the amount involved is about 40 billion yuan (6 billion $) and affects about 400,000 customers. Full article: https://www.yielddive.com/post/6-billion-of-missing-deposits-in-china-and-how-protests-are-being-suppressed
When a key Fed economic model sees an 80% chance of a hard landing, you know things are bad! Equities have fallen so quickly, well ahead of profits, that some are saying “equities have already factored in a recession.” Well, another alarm bell just rang… by Lance Roberts on Real Investment Advice: Are recession risks … Read more
Beer lovers in Singapore have a new kind of ale to try out — if they’re brave enough. Bloomberg reported this week that a beverage called NEWBrew hit the shelves in April this year, and it’s made from recycled and treated sewage water. https://futurism.com/the-byte/toilet-water-beer-ale-singapore h/t Aborted Soul
by confoundedinterest17 Slip slidin’ away Slip slidin’ away You know the nearer the midterm elections The more you’re slip slidin’ away As Bill Clinton once said about elections, “It’s the economy, stupid.” Which is bad news for Biden and Democrats after Q1’s bad GDP report of -1.6% “growth”, we now see the Atlanta Fed’s real-time GDP report for … Read more