Month: May 2023

One More Hike! Fed Expected To Raise Rates One More Time, Then Start Cutting Rates (Large Bank Failures, Slowing Economy)

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by confoundedinterest17 Like the Phil Collins song “One More Night”, there will be one more hike. The Fed Funds Futures data is pointing to one more hike at the upcoming May FOMC meeting. Then reversal of policy. With the massive bank failures under Clueless Joe, The Fed will intervene to make the problem worse. And with … Read more

The Punisher! Biden “Punishes Responsibility” As New Mortgage Equity Program Begins

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by confoundedinterest17 Joe Biden should be nicknamed “The Punisher” for his new woke mortgage idiocy. Starting yesterday, the Federal Housing Finance Agency’s mortgage pricing adjustments will increase fees for borrowers with high credit scores while reducing costs for those with subpar credit scores. This upside-down policy is blatantly socialism, and one can’t help but wonder … Read more

Banking meltdown spreading quickly: Pac West and another Bank just went Boom. Half of America’s banks are already insolvent!

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The next bank crashes after just ONE DAY. after the takeover of First Republic Bank from JP Morgan. Bank dying continues! JUST IN: PacWest Bancorp $PACW stock trading halted, citing volatility, after sinking 30% today. pic.twitter.com/awKS9nuTRD — Watcher.Guru (@WatcherGuru) May 2, 2023 Many politicians have been caught trading around the banking crisis. This includes U.S. … Read more

ALERT: DOD has announced that a High-Altitude Balloon from an “Unknown Country” was detected over Hawaii. Now considering a shoot down

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The U.S. Department of Defense has announced that a High-Altitude Balloon from an “Unknown Country” was recently Detected in the Airspace over the Hawaiian Islands with it currently heading in the direction of the U.S. West Coast. pic.twitter.com/qk4IPTvybM — OSINTdefender (@sentdefender) May 1, 2023 The Balloon has been Tracked by the U.S. Military since late … Read more

President of university fired for LIKING tweets about vaxx truths

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Tykocinski is a Yale-educated molecular immunologist and academic leader who was elevated from provost to president July 1 and has worked at Jefferson for 16 years. employees and others were critical of Tykocinski’s “like” history on his Twitter account some of the others that The Inquirer reported Saturday, including one calling gender reassignment surgery “child … Read more

Unbelievable. FDIC recommends raising insured deposit limit for businesses only, leaving individual accounts at risk

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NEW YORK (AP) — U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.’s new proposal to ease the industry turmoil that has sparked three bank failures in the past two months. The FDIC recommended the change Monday, rethinking the … Read more

The silent recession

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by Elon_Mockster Working in the energy field for many years starting during the 2008 recession and all the signs are back. Contractors are not ordering materials, there’s a glut of solar panels no one wants to buy, investors are no longer investing in startups and banks are failing. It’s interesting the “job market” is what’s … Read more