Month: January 2023
The plan is to price most Americans out of private vehicle ownership…
DETAILS, DETAILS: A Mad Rush to Build More EV Factories, But Where are the Minerals? If you hand out enough free money and incentives you can spur the building of nearly anything. If people balk at buying the cars we will need still more free money to entice them to do do. And then when the … Read more
Biden on Damar Hamlin injury: NFL ‘is dangerous. We’ve just got to acknowledge it’
‘President Joe Biden weighed in on the injury suffered by Buffalo Bills safety Damar Hamlin on Monday Night Football in Kentucky on Wednesday, suggesting the NFL could no longer “avoid” the ugly side of the game. Reporters asked Biden before he departed for Washington, D.C., if he believes the league is getting too violent, prompting … Read more
Liz Cheney was Tossed Out of Congress But Not Before Somehow Making Herself $35 Million Richer
Loser Liz Cheney lost her re-election bid by an unheard of 40 points. Her own voters hated her so bad they nearly threw her bodily out of Congress… but not before she somehow made herself more than $35 million richer while in D.C. It is an all-too-familiar story. These people get elected, go to Washington, … Read more
The money printer is not going brr. It is going berserk.
"The BOJ offered to buy unlimited amounts of two-year notes at a yield of 0.03% and five-year debt at 0.23%. It also offered to purchase a total ¥600 billion ($4.6 billion) of one-to-25 year bonds…" Source: https://t.co/Srwfp0Ezdx — Gold Telegraph ⚡ (@GoldTelegraph_) January 4, 2023
The World Economic Forum has listed Kevin McCarthy as the Majority Leader of the House on their website.
BREAKING: The World Economic Forum has listed Kevin McCarthy as the Majority Leader of the House on their website. That's the same as calling him the Speaker of the House… WOW.. https://t.co/MkIxdA4fne — Matt Couch (@RealMattCouch) January 4, 2023
Eventually retail will stop buying the dips and just give up…
Eventually retail will stop buying the dips and just give up. — Financelot (@FinanceLancelot) January 4, 2023 People actually gamble more when they're desperate and in a recession. That's why casino business, lottery tickets and alcohol sales go up. — Financelot (@FinanceLancelot) January 4, 2023 FOMC Minutes: Officials Agreed Rate Cuts Shouldn't Happen in 2023 … Read more
Mortgage Applications Dropped To Lowest Since 1996 As Purchase Applications Drop -22.2% WoW, -38.5% 2WoW, -42% YoY (Refi Apps Down -87% YoY)
by confoundedinterest17 Mortgage applications generally nosedive in the last two weeks of the year (seasonality effect), but Federal Reserce monetary tightening to fight inflation is making the last two weeks worse than usual. Mortgage applications decreased 13.2 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey … Read more