Month: August 2022

The bears are not retreating…

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This morning from Bloomberg… The bears are not retreating. $SPX pic.twitter.com/iRz80jopO9 — Ayesha Tariq, CFA (@AyeshaTariq) August 15, 2022 Strong rally not yet deterring hedge funds as they continue to increase short positions in S&P 500 futures … positioning is most net short since summer 2020 pic.twitter.com/vc2iKnqofl — Liz Ann Sonders (@LizAnnSonders) August 15, 2022 … Read more

“Hey Google, why is the inflation reduction bill doomed to fail?”

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https://twitter.com/MSMLiesAllDay/status/1558856937789440002 EVERYTHING IS GOING SWIMMINGLY: Americans Are Dipping Into Savings To Weather Bidenflation. More than a third of Americans have drawn on their savings accounts to handle rising prices, taking out hundreds of dollars on average, according to a recent survey by New York Life Insurance Company. Since January, 36 percent of Americans have drawn an average of $617 from their … Read more

Learning is not one of their strong suits…

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Democrats are not learning from their defund-the-police failures. Last week, Rep. Ilhan Omar (D-MN) just barely won renomination in her Democratic primary. Democratic leaders had failed to see it coming — that such a prominent member of the left-wing “Squad” could come within just 2 percentage points of losing to an opponent whom she had outspent nearly … Read more

Heads Up: Something big is going down. Just about every commodity is collapsing in price. Things deteriorated so much that all the supply chain metrics have become way less constrained

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OIL FUTURES EXTEND LOSSES, U.S. CRUDE DOWN BY $5 A BARREL — RedboxGlobal (@RedboxWire) August 15, 2022 Bloomberg Commodity Index: drawdowns from peak %. $BCOM pic.twitter.com/bT4kVonzKC — Paul de Jong 🌐 (@pauldejong_) August 14, 2022 https://twitter.com/psimpsonmorgan/status/1558585358886977536 https://twitter.com/macro_daily/status/1559157758930337793 Two really awful economic datapoints today. Both Empire Fed and Homebuilder Sentiment dropping off a cliff. https://t.co/bxiIXNn5yMhttps://t.co/yIRZ8IBZpy pic.twitter.com/S0gsDtCgtN … Read more

Something Smell About the Raid of Trump

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by Martin Armstrong Back in October 2020, Trump issued had issued a major declassification order for every Russiagate document. He also included every former Secretary of State Hillary Clinton document to be declassified. Sources in Washington suggest that the National Archives is playing politics and has ignored the declassification of all the RussiaGate documents. The … Read more

Trump: “It has just been learned that the FBI took boxes of privileged attorney-client material, and also executive privileged material

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View post on imgur.com https://nypost.com/2022/08/14/trump-calls-for-fbi-seized-documents-to-be-returned/ ​Former President Donald Trump on Sunday called for the Justice Department to return the reams of documents FBI agents seized at his Mar-a-Lago resort last week, pointing to a report that said the information was covered by attorney-client or executive privilege. “Oh great! It has just been learned that the … Read more

Wall Street donations to Senator Kyrsten Sinema SKYROCKETED before she killed Democrats’ tax on financial investors in $740billion Schumer-Manchin deal

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by Boo_Randy Brain-dead Democrat voters who elected this corporate whore think she represents them, and will no doubt re-elect her. The stupid, it burns. https://www.dailymail.co.uk/news/article-11108001/Sinema-took-Wall-Street-money-killing-tax-investors.html Senator Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity … Read more

China’s central bank cuts key policy rates

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More extend-and-pretend in China. 1.4 billion Chinese need to rediscover the wisdom of their ancestors and start stacking like they mean it, with the CCP & PBOC taking the country down the road to ruin. https://www.marketwatch.com/story/china-s-central-bank-cuts-key-policy-rates-271660527832?mod=mw_latestnews China’s central bank on Monday cut key policy interest rates, a move that could provide more support to the … Read more

China ending paper trading in Precious Metals On MONDAY, could be HUGE

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Article recommends buying physical. Deadline: August 15. Chinese commercial banks say bye-bye to paper PM trading. After the new account opening of paper PM banning, commercial banks will close the door of buying paper PM on August 15. China Merchants Bank asked customers to clear positions before October 17. pic.twitter.com/RoObRJWiD2 — Bai, Xiaojun (@oriental_ghost) August … Read more