Danielle DiMartino Booth – Twitter, Released on 8/3/22 The yield curve votes “NO-CONFIDENCE” on the US economy… I’m sure it’s nothing. https://t.co/56CzUovZ4x — Danielle DiMartino Booth (@DiMartinoBooth) August 3, 2022
The Chinese real estate market collapsed in July with all indices falling. An expert predicts that the real estate plunge, together with the economic slowdown, will lead to a financial shortage of 6 trillion yuan (about $889.6 billion) for local governments for the year, as the local governments’ revenues from land sales may be halved … Read more
By Tsvetana Paraskova Chesapeake will fully focus on key shale gas plays. Chesapeake will look to reduce its Eagle Ford positions. The company will increase exposure in the Haynesville shale formation. Shale pioneer Chesapeake Energy will focus on its key shale gas plays in the United States and will consider its oil-producing acreage in the … Read more
Max Fischer – Twitter, Released on 8/2/22 P/E ratio for metals and mining stocks in the S&P 500 are now retesting the lows of the 2008 bottom… Source: https://twitter.com/CrescatMax/status/1554511191489318915?
ROME (Reuters) -Italy’s parliament on Wednesday gave its final approval to a bill ratifying the accession of Finland and Sweden to the NATO alliance. The Senate voted by 202 to 13 in favour of the bill, a day after the lower house approved it by a large majority. The accession needs to be ratified by … Read more
by Martin Armstrong Speaker Nancy Pelosi landed in Taiwan on Tuesday night despite warnings from both Washing and Beijing. The nature of her trip was so secretive that it was not on her official itinerary. Now, the true nature of her visit is coming to light. “We take this trip at a time when the … Read more
Nancy Pelosi has arrived in South Korea, continuing her Asia tour – now leaving in her wake a tense Taiwan situation that’s seeing Chinese PLA forces encircle the island with live fire drills – but South Korea’s President Yoon Suk-yeol will not meet with her. While he had a pre-scheduled “holiday” which was announced in advance, there’s been widespread … Read more
#BREAKING: Gov. Ron DeSantis calls for doctors to be sued for providing children suffering from gender dysphoria double mastectomies and castrations "They wanna castrate these young boys – that's wrong … I think these doctors need to get sued for what's happening." pic.twitter.com/aKwsHIlzXF — Florida’s Voice (@FLVoiceNews) August 3, 2022
Economic experts and Biden Administration officials have come to a census regarding the Inflation Reduction Act, agreeing that the $739 billion democratic spending plan will do next to nothing to combat inflated prices over the next decade. The massive spending package, which raises taxes for everyone except those making between $10,000 and $30,000 per year and … Read more
Kevin Duffy with Jason Burack of Wall St For Main St Kevin runs the hedge fund Bearing Asset Management and is famous for his calls shorting the 1999 technology bubble and the 2008 housing crisis. Barron’s featured him in an article about his correct market calls and he is a fan of the Austrian School of Economics for decades. … Read more
by Dave Kranzler of Investment Research Dynamics After a decade of deranged monetary policies that ultimately amplified speculation beyond 1929 and 2000 extremes, we are so far from “normal’ that arriving anywhere near that neighborhood will be a journey. The recent market decline has simply retraced the frothiest portion of the recent bubble, bringing the most reliable market … Read more
Canada is going full Lenin. https://t.co/LD3AwNyO7x — Marina Medvin 🇺🇸 (@MarinaMedvin) August 3, 2022 Can any canadians confirm this? It seems really too soon for them to be doing this. I expect iron fist control of the food to occur incrementally till you can’t buy food unless you’re approved, but did not anticipate it to … Read more
https://twitter.com/SportsFanGirl22/status/1554281382578458624 h/t Bill the Butcher
Eyewitness testimony included from guy who filmed this. AC
The Inflation Reduction Act of 2022 appears to have a good shot at being signed into law. If Senate Democrats can get Sen. Kyrsten Sinema (D-AZ) to join Sen. Joe Manchin (D-WV), the bill will have the necessary 50 votes to pass through the reconciliation process. Let’s hope that never happens. The plan would hurt … Read more
A veteran police officer who was named “Detective of the Year” in 2019 was charged with exchanging sexually explicit messages with someone he thought was a 14-year-old girl. Gregory Daniel Beaumarchais, 43, is facing a misdemeanor charge of annoying or molesting a victim believed to be under the age of 18, Orange County District Attorney officials … Read more
By Irina Slav Crude oil prices fell today after the Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the week to July 29. This compared with a draw of an almost identical size for the previous week. U.S. crude oil inventories are at 426.6 million barrels, which is 7 percent below the … Read more
$QQQ $SPY $IWM Only 3 times on the monthly we saw a death cross between the 10 and 20 MAs👀 2001, 2008 and Now pic.twitter.com/7AztG5R6ye — Mauro (@MauroBianchi24) August 2, 2022 $TNX $TLT pic.twitter.com/WWzDmmF7DT — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) August 2, 2022 62% of voters think the US economy is in a #recession. … Read more
