Central banks have dialed up their resolve to combat inflation in recent weeks. In response, markets have become so unmoored a major financial and economic crisis can’t be ruled out. That means global monetary policy hawkishness may have hit its peak and something will eventually break. The impact on four big asset classes will be … Read more
by Boo_Randy Prediction: the global financial meltdown will start in the WEF looting colonies of Australia, New Zealand, and Canada, then spread to the US, UK, and Europe. https://www.macrobusiness.com.au/2022/09/aussie-bank-bubble-bursting-slowly-then-all-at-once/ The usual Aussie bank groveling articles are appearing as we approach full-year results. These articles focus on the juicy dividends without making reference to the business … Read more
Mortgage rates soared above 7 percent this week, the highest level in 21 years and far exceeding rates recorded during the 2008 housing market crash Luxury home sales in the US have sunk by 28.1 percent year-over-year in August, beating out the previous record drop of 23.2 percent in June 2020 Markets in Oakland, San … Read more
by the-99th-monkey A 2018 “recipe” for fostering interest in making the jab high demand. Looking back, it seems like it was a great success! Full PDF
by BoatSurfer600 Imagine being close to retirement & buying this close to 100 in Dec last year because you were told “stocks are too risky”, and now sitting with it at 25.
IMF urges Kwarteng and Truss to rethink tax cuts in rare intervention The International Monetary Fund has launched a stinging attack on the UK’s tax-cutting plans and called on Liz Truss’s government to reconsider them to prevent stoking inequality https://www.theguardian.com/politics/2022/sep/27/kwasi-kwartengs-tax-cuts-likely-to-increase-inequality-imf-says The Global lender heaped pressure on Ms Truss and the Chancellor, said it was “closely … Read more
Video from Matt Tilman of Bayshore Blvd in Tampa. The bay being sucked out. #hurricaneian #ian pic.twitter.com/F54Lv1r5KV — Jordan Steele (@JordanSteele) September 28, 2022
Putin said on Sept. 17 that if Europe wants to solve the issue, it can ignore US orders and open up the Nord Steam 2 pipeline. “Just push the button and everything will get going,” Putin said. Instead, someone bombed it. In response to Europe's energy crisis, Putin said on Sept. 17 that if Europe … Read more
By Michael Lebowitz Michael Smolyansky, a senior Fed economist, claims corporate profit growth will slow appreciably. His case rests on corporate tax rates and interest rates. Access to his white paper, The coming long-run slowdown in corporate profit growth and stock returns, can be found HERE. As if his case was not strong enough, we provide other supporting … Read more
Virgin Atlantic’s crew, pilots and ground staff can now wear whichever of its uniforms they feel most comfortable in, regardless of the original male or female design of its red skirt suit or burgundy trousers. The airline has announced a gender identity policy that lets its staff choose which of the Vivienne Westwood-designed outfits they … Read more