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Authored by Charles Hugh Smith via OfTwoMinds blog, The vast majority of market participants are about as ready for a semi-random “volatility event” as the dinosaurs were for the meteor strike that doomed them to oblivion. Judging by euphoric gambler–oops I mean “investor”–sentiment and measures of volatility, risk of a market drop has been near-zero … Read more
Mainstream media is acting all shocked about this, but Facebook’s business model hasn’t changed. We already know what they’re all about. It’s the same thing Corporate Media is all about – PROFIT before PEOPLE. Sean Parker, former Facebook President said, years ago, “god only knows what it (the Facebook Platform) does to our children’s brains.” … Read more
Macrolens Chief Strategist & Managing Principal Brian McCarthy joins Yahoo Finance’s Alexis Christoforous to break down the impact on the global markets from China’s regulatory crackdown and Evergrande.
That’s 60k a month… over 650k a year… Link to article: https://www.zerohedge.com/economics/texas-company-offers-truckers-14k-week-amid-historic-driver-shortage
(Bloomberg) — The U.S. is moving closer to its first-ever default, with neither political party in Washington yet signaling it’s ready to back down from a partisan showdown on the federal debt limit. Senate Democratic Leader Chuck Schumer plans another vote as early as Monday on a measure passed by the House to suspend the … Read more
https://www.youtube.com/watch?v=JP-OqfuiHfw Ari Hoffman from The Post Millennial reports, Senator John Kennedy (R- LA) joined Tucker Carlson on Fox News Thursday night to discuss Joe Biden’s Treasury Secretary Janet Yellen’s plan to tax unrealized capital gains as income. Yellen’s idea is that people’s assets should be taxed on their increase in value even if they haven’t … Read more
https://www.youtube.com/watch?v=Gmk2s5fw6vI The California coast is facing the worst oil spill it has seen in decades. Crews are working feverishly to mitigate the devastation as much as possible. RT America’s Brigida Santos reports the details. Meanwhile, the EU is enduring an unprecedented fuel crisis, which has exacerbated fissures between member states. Millions can’t afford to heat … Read more
https://www.youtube.com/watch?v=NQgbxy4iFXA Rusty Weiss from The Political Insider reports, Senator Marsha Blackburn believes Joe Biden “must resign” following testimony by military leaders which seems to indicate the President wasn’t forthcoming about the advice he received from military leaders regarding the Afghanistan troop withdrawal. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/senat…
CNBC Make It looked at the most recent quarterly earnings reports that seven of the biggest brands in tech (Amazon, Apple, Alphabet, Microsoft, Facebook, Tesla and Netflix) filed with the SEC in recent weeks, and broke down how much revenue they each made for every minute of the first three months of 2021. (There were 90 … Read more
A Facebook, Instagram, WhatsApp, and Oculus outage knocked every corner of Mark Zuckerberg’s empire offline on Monday. It’s a social media blackout that can most charitably be described as “thorough” and seems likely to prove particularly tough to fix. Facebook itself has not confirmed the root cause of its woes, but clues abound on the … Read more
Update (1905ET): Today’s Facebook whistleblower debacle and global outage cost CEO Mark Zuckerberg $6 billion of his net worth. He’s still worth $121 billion but well off the highs of $140+ billion from late summer. * * * Update (1829 ET): After six hours offline, the estimated global economic impact of the internet disruption for Facebook, WhatsApp, … Read more
New Anthony Fauci e‑mails obtained by The National Pulse reveal that a lab he funded through his National Institutes of Health agency was training researchers at the Wuhan Institute of Virology’s biosafety level four facility. Biosafety level four (BSL4) facilities handle agents that can be aerosol-transmitted and/or cause severe to fatal disease in humans. The … Read more
The Supreme Court on Monday turned away an appeal by Washington, D.C., residents over their lack of voting rights in Congress. The justices’ move affirmed a lower court ruling that held that D.C. residents are not entitled to voting representation in the U.S. House. In a brief unsigned order Monday, the justices indicated their ruling was … Read more
A top Republican lawmaker on the House Appropriations Committee’s agriculture panel announced that he is being investigated by federal authorities. On a fundraising page for a new legal expense fund — which was later taken off-line — Nebraska GOP Rep. Jeff Fortenberry wrote: “Biden’s FBI is using its unlimited power to prosecute me on a … Read more
https://downdetector.com/ https://twitter.com/_/status/1445062244899991561?ref_src=twsrc%5Etfw https://twitter.com/rawsalerts/status/1445078677264510983
by Kimble Charting The month of September ushered in some volatility to the stock market… volatility we had not seen in quite a while. Perhaps it will continue into October. And perhaps there is a reason. Today we take a look at a long-term “monthly” view of the S&P 500 Index. As you can see, the … Read more
BY JOHN RUBINO The recent back-and-forth precious metals action has left a lot of people frustrated with both the metal and the “permabulls” in this space. Fair enough. Gold has almost doubled from its 2015 low, but it’s done so in a really boring way, which is the ultimate crime in the blow-off stage of … Read more
by Ron Paul During last week’s Virginia gubernatorial debate, Democratic candidate Terry McAuliffe promised that as governor he would prevent parents from removing sexually explicit books from school libraries, because he doesn’t think “parents should be telling schools what they should teach.” McAuliffe’s disdain for parents who think they should have some say in their children’s … Read more
