2008 AGAIN? The Fed’s Financial Stress Index just reached an all time low but the number of searches for the term “recession” on Google trends reach highest levels in 18 years

by BoatSurfer600 But I do try to predict them:https://t.co/F4oP3F0f8q pic.twitter.com/gVi7zXV8Ah — Lyn Alden (@LynAldenContact) July 25, 2022 It's clear that a lot of companies chose not to preannounce bad news ahead of the quarter this time. Which means we are …

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I Hope the GOP Will Lose in 2024

by Chris Black If the GOP platform in 2024 was just “we 100% oppose everything on this list + immigration” it would be a landslide victory. But they won’t. I believe in peace, love, equity, LGBTQ rights, abortion rights, animal …

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Russia Now Looking for Regime Change in Kiev

by Chris Black Russian foreign minister Lavrov literally said that the evil regime in Kiev will be destroyed. AP: Russia’s top diplomat said Moscow’s overarching goal in Ukraine is to free its people from its “unacceptable regime,” expressing the Kremlin’s …

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Recession Doesn’t Exist When the Adults Are Back in Charge

by Chris Black Technical recession means 2 consecutive quarters of negative GDP growth. That’s the accepted definition for investors. Not in clown world it isn’t. https://twitter.com/Breaking911/status/1552028983667081216 We’re not in a recession; we’re in a period of economic growth that’s characterized …

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Russia to opt out of ISS in 2024

MOSCOW (AP) — Russia will opt out of the International Space Station after 2024 and focus on building its own orbiting outpost, the country’s newly appointed space chief said Tuesday. Yuri Borisov, who was appointed earlier this month to lead …

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We live in a kakistocracy.

by Glenn Reynolds WHEN IS A RECESSION NOT A RECESSION? Bending the Truth. If you want to understand why no one respects institutions or “elites” anymore, look no further than Janet Yellen. She went on television talk shows which are basically soapboxes …

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The Real Estate Problem Is Getting Bad In China

by Boo_Randy https://twitter.com/FinanceLancelot/status/1551294266198179849 How long can the CCP and PBOC go on playing “extend and pretend”? Their entire being depends on prosperity and winning but China faces a deep crisis as their property market teeters on the brink. https://www.news.com.au/finance/business/other-industries/chinas-real-estate-crisis-heightens-as-people-refuse-to-pay-mortgages/news-story/93799b367af45b88ed2b8d58264dd63d Z&L …

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