By Josh Owens The massive Kashagan oilfield in Kazakhstan will not return to full oil production until at least October, Kazakhstan’s energy minister told Reuters on Friday, adding that it would also take a few more weeks for two Black Sea oil loading terminals to return to operations. In early August, the offshore oilfield Kashagan, … Read more
California Gov. Gavin Newsom has asked the Department of Justice to look into whether sending migrants to other parts of the country constituted kidnapping or other federal crimes. In a letter to Attorney General Merrick Garland, Newsom asked whether actions by Texas Gov. Greg Abbott and Florida Gov. Ron DeSantis sending illegal immigrants from their … Read more
The United States has unsurprisingly come up with another way to continue to push for war. The U.S. Senate has proposed a bill that would commit $4.5 billion in US weapons for the defense of Taiwan and promote Taipei’s membership in international organizations. This bill has already cleared the Senate Foreign Relations Committee on Wednesday … Read more
In a shocking move for the left, Democrat lawmakers have introduced legislation that would prevent stock trades by members of Congress and their families, and it is obvious that the political moves are jabs at radical US Hosue Rep. Nancy Pelosi, the dangerous Speaker of the House, which has caused her to go into cover-up … Read more
Seriously, WTF does this even mean? .@Europarl_EN🇪🇺 has voted a damning report dubbing #Hungary🇭🇺 a "hybrid regime of electoral autocracy" which undermines, among others, media pluralism. Member States & @EU_Commission must urgently stop the democratic backsliding using all tools including withholding #EU funds. pic.twitter.com/hHMlT3KwmS — RSF (@RSF_inter) September 15, 2022 h/t Flying Elvii
These ETFs will allow following of Congressional trades as they become available. Please see the whole filing below. Follow along with @SubversiveCap for more ETFs incoming. Link to read entire Prospectus: https://t.co/oRL6vsxkPk — unusual_whales (@unusual_whales) September 16, 2022
A SUPERMARKET is testing a futuristic way for shoppers to check out after a shopping trip and the new “Fast Scan” technology will reportedly save customers an unbelievable amount of time. An H-E-B shopper, Christoken Johnson, shared a photo of the store’s speedy alternative checkout pilot at an H-E-B plus! in Schertz, Texas. “All you … Read more
by BoatSurfer600 China's real estate investment fell 7.4% y/y in Jan – Aug, vs 6.4% drop in Jan-Jul pic.twitter.com/RZzsFpUCtu — Cathy Yuan Zhang (@CathyYuanZhang) September 16, 2022
by BoatSurfer600 It’s clear now in hindsight with all of the late cycle indicators flashing red, that the pandemic was not a true bear market. It was merely the pullback prior to the final melt-up of the post-Lehman rally. A massive sugar rally fueled by unprecedented stimulus If you think everyone is buying puts just look … Read more
H/T Chad P. Bown @ChadBown "Unless political relations between the United States and China improve—something neither side, especially China, shows any interest in—the energy sector may be a harbinger of things to come for agriculture and manufacturing." — Mike "Mish" Shedlock (@MishGEA) September 16, 2022 Me First Biden escalated Trump's America First policy China continues … Read more
This chart shows how bad things are in Europe. Orange: Eurozone Trade Balance (collapsing)Blue: EUR-USD (inverted) When a currency weakens, the trade balance improves. Unfortunately, in the case of #Europe, we are witnessing the #Euro falling and a trade balance collapsing. pic.twitter.com/ij9Q825Isu — Michael Nicoletos (@mnicoletos) September 16, 2022
BEIRUT — Lebanese depositors, including one armed with a hunting rifle, broke into at least five banks on Friday to demand their trapped savings, a sign of growing chaos in the small Mediterranean nation amid a historic economic meltdown. Friday’s raids were the most in a single day, and raised the possibility that more desperate depositors … Read more
Dr. Dariush Mozaffarian — Joe Biden’s new Public Health© nutrition advisor — claims Lucky Charms© are healthier than fresh meat. Via Dariush’s criminally stupid “Food Compass©”: Source: Nature Journal Soak in the idiocy: per the rankings, Honey Nut Cheerios© is a healthy alternative to a boiled egg. Almond M&Ms© is a superior nutritional choice to ground beef. … Read more
HAPPENING NOW: Migrants, flown into Martha’s Vineyard by Fl’s governor, are boarding buses. They’ll be heading to Joint Base Cape Cod, according to officials. 125 Mass National Guard members are being activated to assist. @NBCNews pic.twitter.com/RLwxNPu8GM — Emilie Ikeda (@EmilieIkedaNBC) September 16, 2022 h/t dr0id
by silvertomars The labor market has not yet recovered all the jobs that govt took away with forced lockdowns and now layoffs are picking up due to the weak economy. https://twitter.com/goldsilver_pros/status/1570791355689095175?s=21&t=7_n0dgeXD5-nF4qK_u1OKg
Estimated GDP by Atlanta Fed CRASHES 1 FULL POINT This Week! Both the Atlanta Fed and the Blue Chip Consensus have taken deep dives in the past several days. And in an unusual turn, the Blue Chip Consensus has been running below the Atlanta Fed all quarter; in previous quarters, it was usually higher than … Read more
by silvertomars The US average is up +25% YoY, admittedly from low levels, but several cities are now recording +100% YoY growth in active listings… Phoenix +177%… Meanwhile, unsold housing inventory in Las Vegas… Housing supply in the US is growing rapidly… the speed of inventory growth the last 6 months has only been exceeded … Read more
Global government bonds on track for worst annual loss since 1949 pic.twitter.com/lJpKnCe6b3 — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) September 16, 2022
Sen. Amy Klobuchar (D-MN) said on Thursday that democracy relies on passing the controversial Journalism Competition and Preservation Act (JCPA). Senate Judiciary Committee Chairman Dick Durbin (D-IL) said on Thursday that the bill will be “held over” as Klobuchar and Sen. John Kennedy (R-LA) hash out disagreements over content moderation provisions in the bill. “I’m … Read more
Translation: You need to eat crickets Cause there’s not enough real food for this guy 😉 — Reminiscences of an American Capitalist (@4Awesometweet) September 12, 2022 h/t Sundecoder
