Feeling Bad! US Homebuilder Confidence Plunges With Fed Tightening (30-year Mortgage Rates UP 89% Under Biden)

by confoundedinterest17 We are going down this road, feeling bad. As The Fed Reserve prepares to raise their target rate in a week by 75 basis points to 2.50%, the NAHB Home Builder’s confidence index plunged. The 30-year mortgage rate is up 89% under Biden as his green energy fiasco is helping drive inflation to its … Read more

Panama City, Panama going on lockdowns and martial law. The communist trying to take over.

Thousands of Panamanians took to the street again on Tuesday to protest rising inflation and government corruption, despite the announcement of price cuts for fuel and some food products. The demonstrations, called for by the Central American country’s numerous unions, have lasted for two weeks and resulted in some main highways being closed. President Laurentino … Read more

Brazil is developing its own nuclear-powered submarine

Brazil is developing its own nuclear-powered submarine. The Submarine Development Program (PROSUB) is one of the main strategic projects of the Brazilian Armed Forces and aims to increase the national defense structure and ensure Brazilian maritime sovereignty. pic.twitter.com/dP71QiqdZr — Government of Brazil (@govbrazil) July 17, 2022 Besides four conventional submarines, the goal is to build … Read more

REPORTERS DON’T TAKE SIDES, WE’RE TOLD…

Most left-leaning journalists say conservative media does not deserve equal coverage. “Age was also a factor in the study, with 63 percent of younger journalists aged 18 to 29, who disproportionately report to left-wing audiences, being most likely to admit biased coverage of the issues. Similarly, 60 percent of those aged 30-49 do not support equal … Read more

The Chinese Dream is Over!

Synopsis: Chinese citizens are f*cked. The CCP is corrupt beyond imagination destroying any real livelihood for the ordinary slaves. Chaos is erupting, housing is crashing, money is being stolen out of the banks. Enter the Chinese nightmare.

Doom Loop? The US Dollar Is Booming, But Will A Doom Loop Follow? (US Treasury Yield Curve Inverted At -20 BPS)

by confoundedinterest17 Here we go doom loop de loop? The dollar’s gain is the world’s pain — and based on its current trajectory, the world may be in for a whole lot more discomfort. Concerns over global growth have recently sent the US Dollar Index to the strongest level on record, with the greenback hitting multi-decade highs against currencies like the … Read more

Ignore the Fed… Focus On This Instead!

By Graham Summers, MBA Stocks soared higher on Friday because a Fed official suggested they might not have to tighten rates as rapidly as before. Yes, you read that correctly… the Fed will still have to tighten (and tighten a lot), but it might not need to do so as rapidly… And this ignited a massive rally! … Read more

Starbucks Flees Crime-Ridden Cities

by Martin Armstrong People are less likely to splurge for their daily morning $6 coffee amid a looming recession, and Starbucks stock is down over 30% this year. However, another main problem facing Starbucks stores is crime. CEO Howard Schultz announced that the company is closing 16 stores with “many more” closures to come. While … Read more

Democrat DC Mayor Bowser Wants Biden Regime to Stop Illegal Aliens From Being Bussed Into DC (VIDEO)

A bus from Texas filled with migrants arrives in Washington, DC. pic.twitter.com/A6ELE99V3P — The Post Millennial (@TPostMillennial) April 13, 2022 Homeless shelters in Washington D.C. are filling up with asylum seekers from Texas and Arizona. Mayor Bowser says “I fear that they're being tricked into nationwide bus trips when their final destinations are places all … Read more

Just seen this posted By a county sheriff’s FB page

Thoughts? View post on imgur.com Here’s the link if you care to check for yourself https://m.facebook.com/story.php?story_fbid=409931764494915&id=100064342853076 *EDIT* New info added: More sherriff departments in different Missouri counties are getting the same notices: SCOTLAND COUNTY SHERIFF AND STATE ATTORNEY GENERAL REACTS TO PLANNED FBI AUDIT OF CCW PERMIT RECORDS https://tririversbroadcasting.com/scotland-county-sheriff-and-state-attorney-general-reacts-to-planned-fbi-audit-of-ccw-permit-records Missouri AG Eric Schmitt blasts FBI … Read more

Ghana reports 1st outbreak of Marburg virus: WHO

More than 90 contacts identified, including health workers and community members Health officials in Ghana and the World Health Organization (WHO) on Sunday announced the country’s first two cases of the Marburg virus disease after laboratory tests confirmed earlier results. https://www.binsider.bond/ghana-reports-1st-outbreak-of-marburg-virus-who/ AC

How Major Crypto Lender “Celsius” Went From $25 Billion to $167 Million

Celsius is down to $167 million “in cash on hand,” which they say will provide “ample liquidity” to support operations during the restructuring process. Celsius owes its users around $4.7 billion, according to its bankruptcy filing — and there’s an approximate $1.2 billion hole in its balance sheet. Celsius filing for bankruptcy this week surprised … Read more