Month: September 2022

Aussie housing affordability plummets

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by Boo_Randy Gen-Z, most of you don’t have a hope in hell of ever owning your own house free and clear as long as the gold collar criminals at the central banks and their private equity accomplices like BlackRock continue to turn housing into a speculative asset bubble with their gushers of printing press “money.” … Read more

A new virus to worry about: EV-D68 can cause paralysis in children

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“Health officials are warning doctors about another contagious virus that, in rare cases, can send children to the hospital or lead to permanent paralysis. In an advisory, the U.S. Centers for Disease Control and Prevention noted an increase last month in the number of children hospitalized for severe respiratory illness — including enterovirus D68, or … Read more

Stocks just not dropping fast enough to keep up with rising rates…. The equity outflows have not even started yet

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What is amazing is how EXPENSIVE this market is relative to rates. The spread between the #sp500 Earnings yield and the 10-Yr nominal rate is at multi-year lows. Even after today's drop. Stocks just not dropping fast enough to keep up with rising rates. pic.twitter.com/3FVZsx2uwv — Michael J. Kramer (@MichaelMOTTCM) September 13, 2022 You think … Read more

Expert warns US entering a recession ‘unseen like any other seen in our nation’s history!’

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That would be called a great depression Next Year you will be laid off! the gap between richer and poorer will get worse and worse Joe Biden is taking a victory lap on inflation while the stock market tanks…because of inflation. pic.twitter.com/pmTCZlse6d — RNC Research (@RNCResearch) September 13, 2022 https://twitter.com/WallStreetSilv/status/1570130084509646848   AC

Nick Gerli: Big Real Estate Investor selloff coming. Especially among Wall Street owners.

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In markets like Dallas, Austin, Denver, Salt Lake City, Seattle, and Los Angeles the 6-Month Treasury is already > the Cap Rate. Meaning there is very little incentive for investors to be in these markets. Especially now that prices are going down. — Nick Gerli (@nickgerli1) September 14, 2022 Making matters worse: many Wall Street … Read more

Bloomberg: Sweden’s Prime Minister Resigns as Full Vote Tally Confirms Her Defeat

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Swedish Prime Minister Magdalena Andersson conceded defeat and announced she will resign as surge in support for a nationalist party helped the right-wing opposition win one of the closest elections ever in the largest Nordic country. Andersson — who became the nation’s first female prime minister last year — told reporters in Stockholm that she … Read more

Tapped Out Debt Donkeys Burning Through Savings While Running Up Credit Cards As The Fed Destroys The Purchasing Power Of Their Wages. This Won’t End Well

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by Boo_Randy Relentless climb in yields. pic.twitter.com/bVIgIQB8e0 — Brian G ☀️ (@alphacharts) September 14, 2022 Uh Oh … Inventory data and mortgage rates are suggesting a serious drop in the housing market Is Fed going to raise rates next week by 75 bps or 100 bps…? Yesterday the chance of 100 bps was 0% whereas … Read more

2 year US treasury yield has now surpassed the 20 year yield, as it previously surpassed the 5/10/30 months ago. 2 year yield has now surpassed them all.

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by maotsetunginmyass FYI, the 2 yr yield has surpassed the 20. This has not happened for a very long time as the 20 has remained above the 2 for fucking ever. The 2 yr yield surpassed the 5/10/30 long ago and has now surpassed the 20. Get ready to starve to death. https://www.tradingview.com/symbols/TVC-US02Y/ https://www.tradingview.com/symbols/TVC-US05Y/ https://www.tradingview.com/symbols/TVC-US10Y/ … Read more

Nursing home hires stripper for seniors in wheelchairs

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This probably wasn’t a proper setting to set pulses racing. A nursing home has been forced to apologize for hiring a stripper to perform for senior citizens in wheelchairs. The Taoyuan Veterans Home, a state-run facility for retired army personnel in Tawain, paid the adult entertainer for a steamy show to celebrate Mid-Autumn Festival — … Read more

Democrat Strategy: Vote Now, Debate Later

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The Pennsylvania Democratic candidate for Senate, John Fetterman, has refused to agree to a debate against his Republican counterpart Dr. Mehmet Oz. It may be because of his obvious mental incapacity coming off of a debilitating stroke just days before winning his primary election. Or, it could be because his campaign is embracing one of … Read more

Watching the government release a terrible inflation report, while the figurehead of the government was literally giving a speech about having defeated inflation…

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by lemonparty …was surreal. Yesterday the government released yet another terrible inflation report, almost 9%, which was larger than expected. The stock market fell over 500 points. Biden gave a speech about how he just finished defeating inflation. What the hell is going on with the pinnacle of gaslighting we’re seeing, and why isn’t the … Read more