Month: March 2023

by Shaun Richards The ebb and flow of economic events gives us the opportunity to update ourselves on the central bankers favourite topic. We will probably never know how much fears about house price falls influenced the way they dithered, dillyed and dallied before raising interest-rates. But we do know that for them the only … Read more

via thecentersquare: A majority of Americans polled said they couldn’t afford to pay emergency expenses or cover their living expenses for just one month if they lost their primary source of income, according to Bankrate’s latest Annual Emergency Savings Report. The main reason cited is record-high inflation. The majority surveyed, 68%, said they’re “worried they wouldn’t be … Read more

New emails from the National Archives show that the White House was tracking coverage of Hunter’s dismissal from the Navy Reserves over cocaine use New emails from the National Archives show that the White House was tracking coverage of Hunter's dismissal from the Navy Reserves over cocaine use Link: https://t.co/Oso1i7rMdW pic.twitter.com/AKxTlgCbgI — I Meme Therefore I … Read more

Tens of thousands are protesting over the Israeli government’s move to scale back the Supreme Court’s power, escalating tensions over a plan that’s sparked the biggest unrest in decades and seen army reservists threatening to withhold service. There may be demonstrations in 20 cities across the country Thursday, according to plans released by organizers. Last … Read more

The Chief Administrative Officer of the House of Representatives, Catherine L. Szpindor, told lawmakers Wednesday their personal information was exposed in a “significant data breach” at a health insurance marketplace. “I have been informed by the United States Capitol Police and DC Health Link* of a data breach impacting Members and staff. DC Health Link … Read more

‘In the security footage obtained by Oregon Live, a mother and child were waiting for the train when Brianna Lace Workman, 32, suddenly stood up from a bench and shoved the little girl forward then sat back down. Although she hit her head on the rail, the 3-year-old immediately got up and reached for a … Read more

Brazilian equities are historically cheap even relative to global commodity producers. The last time we saw such undervalued prices was in the early 2000s, when Brazilian stocks entered a bull market. It is one of the most natural resource-rich economies on the planet. To… pic.twitter.com/TGwqJfPwpa — Otavio (Tavi) Costa (@TaviCosta) March 9, 2023

The only certainty farmers and landowners get from Biden's 2023 WOTUS rule is the certainty that if a raindrop falls on a farmer's property, a government agent will show up to tell that farmer what can and can't be done with the land. Repeal Biden's WOTUS rule. pic.twitter.com/i6zECIYcXY — Thomas Massie (@RepThomasMassie) March 9, 2023

Japan's Population Problem, Visualized 🤨 Japan is leading this trend, but Europe is heading towards the same demographic trend. pic.twitter.com/JqWhlj1bea — Wall Street Mav (@WallStreetMav) March 9, 2023 Population collapse is the biggest threat to civilization — Elon Musk (@elonmusk) March 9, 2023

Silvergate Capital announced on Wednesday that it will wind down operations and liquidate its bank. The firm has served as one of two main banks for the crypto industry, along with Signature Bank. All deposits will be fully repaid, according to a liquidation plan shared on Wednesday. Silvergate Capital , a central lender to the … Read more

by Quant2011 Its unlikely people in Tokyo, Berlin or Beijing work less or create less advanced products or services in real economy. If you can name any other prime factor why housing is the most expensive n HK/SG/NY/London – i’m all ears. Monaco is a separate case with its own specifics and also very small. … Read more

Nigerians recently took to the streets to protest a cash shortage caused by government policies adopted in order to push the country into the adoption of its central bank digital currency (CBDC). Protesters attacked bank ATMs and blocked streets, and demonstrations turned violent in some cities. According to The Guardian, “Nigeria has been struggling with … Read more

via YAHOO: A nationwide shortage of the asthma medication albuterol has been ongoing since last fall and experts fear it’s only expected to get worse. Albuterol can be taken in several forms but it’s the aerosolized solution used in a nebulizer in hospital and in homes that the U.S. Food and Drug Administration put on … Read more

Source: Fidelity   It’s even worse on SPY. The final 30 minute pump caused over 22K puts at $397 and $398 strike to expire worthless while bringing only 10K calls ITM. h/t BGID_to_the_moon

In January 2023, Singapore’s central bank, the Monetary Authority of Singapore (MAS) returned to gold buying again, adding a massive 44.6 tonnes of gold to its official reserves, and thereby boosting Singapore’s gold holdings from 153.8 tonnes to 198.4 tonnes. In percentage terms, this gold buying represents an incredible 29% increase in Singapore’s gold holdings … Read more

by BigM124 DISCLAIMER: I think both parties suck and are currently the enemy of the people. I would like more transparency from our leaders (big ask, I know) and that’s why I’m making this post. Just reading through the comments on the posts here the past couple of days, it seems users acting in bad … Read more

I’m sure everything’s fine… Source: https://twitter.com/thetranscript_/status/1633740109676683266 h/t  rs06rs

1) Contracting money supply + inflation is a nasty combination. Because it means there are fewer dollars floating around in the system to pay for the higher prices. ❌💵 At some point the system "breaks" & a deflationary crash occurs. — Nick Gerli (@nickgerli1) March 8, 2023 3) All it took was a -2% contraction … Read more

Tucker Lights Up DC Swamp Rats From BOTH Parties in Scorched Earth Open [VIDEO] Trump DEMANDS Democrats be Charged With TREASON For Withholding J6 Evidence, Videos EXONERATE Many BOTH GOP AND DEMOCRATS CALLED FOR TUCKER CARLSON’S SHOW TO BE PULLED OFF AIRpic.twitter.com/4RiTWjCiQF — The_Real_Fly (@The_Real_Fly) March 9, 2023 Senator Schumer Rails Against Tucker Carlson for … Read more

via washingtonexaminer: Taxpayers spend at least $182 billion a year on illegal immigration, the cost of providing services to an estimated $15.5 million immigrants. The bottom line for each taxpayer is a bill of $1,156, according to a new tally from the Federation for American Immigration Reform. “At the federal, state, and local levels, taxpayers shell out approximately … Read more

Car sales with a trade-in with negative equity rose from 14.9% to 17.4% in one year. Having negative equity means having a car debt that’s more than the value of the car itself. The rate of severely delinquent car loan payments has not been this high since 2009. Like a lot of other things in … Read more

WASHINGTON—The Federal Trade Commission has demanded Twitter Inc. turn over internal communications related to owner Elon Musk, as well as detailed information about layoffs—citing concerns that staff reductions could compromise the company’s ability to protect users, documents viewed by the Wall Street Journal show. In 12 letters sent to Twitter and its lawyers since Mr. Musk’s Oct. 27 takeover, the FTC also … Read more

by september72020507pm AMD – 132B Intel – 120B QCOM – 120B NVDA – 570B NVDA is worth more than the 3 companies combined lol. It has taken over Tesla as the most insane overpriced stock in this market. It’s also going to have DECLINING revenues next Q. IF they don’t take the offering at this … Read more