On Wire

by BoatSurfer600 (Bloomberg) — Billionaire Andre Esteves, the co-founder and chairman of Brazil’s Banco BTG Pactual SA, said that “any junior analyst” from Latin America would have known how to manage the interest rate risk on Silicon Valley Bank’s balance sheet to avoid its collapse. Esteves, speaking at a BTG event in Santiago, Chile, said … Read more

Dedollarization of the world economy continues – China for the first time purchased liquefied natural gas for the yuan, 65 thousand tons of LNG were purchased from the UAE. And as ordered: for the first time in its history, the US Federal Reserve suffered an operating loss. 🇨🇳 Dedollarization of the world economy continues – … Read more

Apple (AAPL) is officially getting into the buy now, pay later game with the introduction of its new Apple Pay Later program. Announced at the company’s WWDC developers event last June, Apple Pay Later allows consumers to apply for Apple Pay Later loans of $50 to $1,000 to make purchases online or in-app purchases made … Read more

SAN FRANCISCO (AP) — It could cost California more than $800 billion to compensate Black residents for generations of over-policing, disproportionate incarceration and housing discrimination, economists have told a state panel considering reparations. The preliminary estimate is more than 2.5 times California’s $300 billion annual budget, and does not include a recommended $1 million per … Read more

Two thoughtful articles on the madness infecting our society and the meekness and equivocation of civil society defenders ( such as university presidents) to confront it Wayne State Professor Volunteers as First Amendment Tribute https://popehat.substack.com/p/wayne-state-professor-steven-shaviro “Although I do not advocate violating federal and state criminal codes, I think it is far more admirable to kill … Read more

Bank of Canada ‘ready to act’ in event of extreme market stress OTTAWA, March 29 (Reuters) – The Bank of Canada on Wednesday said it was ready to step in with support if the banking system came under severe strain, but would only offer extraordinary liquidity in extreme cases while at the same time seeking … Read more

via hotair: On March 9th Matt Taibbi testified before the House Committee on the Weaponization of the Federal Government. At the same time, he was testifying before the committee the IRS paid a visit to his house–an almost unheard-of tactic used by the agency. Usually, they use the mail. The weaponization of Government? Not a … Read more

#1 Hillary Clinton's leaked emails revealed that NATO's goal in destroying Libya was to stop Gaddafi from uniting Africa and launching the African Golden Dinar. "When Gadaffi said… this is our continent, our banks, our currency. We seek independence. This was the last straw." pic.twitter.com/LJlqpdGcgM — KanekoaTheGreat (@KanekoaTheGreat) March 29, 2023 #2 Here's what an … Read more

Saudi Arabia partners with China to build a Chinese oil refinery for 83.7 billion yuan ($12.2 billion). pic.twitter.com/ZCT0WiEqu0 — Watcher.Guru (@WatcherGuru) March 29, 2023 Combined with the story below… DOOM ON! First CNN does a segment on de-dollarization, now Fox News also. What is going on here? 🔊 pic.twitter.com/uBocFnLIMJ — Wall Street Mav (@WallStreetMav) March … Read more

Manhattan Trump Grand Jury Set to Break For A Month https://t.co/6vouACiJ25 — eve (@eveforamerica) March 29, 2023 *MANHATTAN TRUMP GRAND JURY SET TO BREAK FOR A MONTH: POLITICO — zerohedge (@zerohedge) March 29, 2023 JUST IN – Manhattan Trump grand jury set to break for a month due to a "previously scheduled hiatus" — Politico … Read more

Take that global warming snowballers. The snow many parts of the Bay Area saw this week did not make it onto the streets of San Francisco, but the cold weather made a historic impact on the city. San Francisco on Friday recorded its coldest day in more than 100 years. https://www.nbcbayarea.com/news/local/san-francisco-cold-record/3165929/   AC

'It's a dangerous race that no one can predict or control': Elon Musk, Apple co-founder Steve Wozniak and 1,000 other tech leaders call for pause on AI development which poses a 'profound risk to society and humanity'https://t.co/aO1e4zfAWZ via @MailOnline — Frankie Crisostomo (@FrancCrist) March 29, 2023 UNPRECEDENTED. Elon Musk and 1,000 other technology leaders including … Read more

Joe Rogan commented on one the greatest media scandals of our time – which is saying a lot. On Tuesday’s show, Rogan pointed out the absolute lies of the media by omission including the fact that Joe Biden “cannot form a f*cking sentence.” The fake news media thinks the American people don’t notice these things. … Read more

Here is what I view to be the safest investments based upon what happened in 2008 and subsequently. I don't view ETFs to be safe in volatile markets due to flash crash risk. Mutual funds ALWAYS trade at net asset value. pic.twitter.com/Md3VdA3BOD — Mac10 (@SuburbanDrone) March 29, 2023

by Harbinger2nd As the title states, Schwab is pulling some pretty shady stuff right now. I decided to log into my Schwab account to check out my cash position and the interest rate accrued from being held in a MMF (Money Market Fund). According to Schwab’s own disclosure which you can find here View post on imgur.com … Read more

Do you really want a pivot? 🤔 pic.twitter.com/Oi1B4qP2sO — Win Smart, CFA (@WinfieldSmart) March 29, 2023 Whoa. Pending Home Sales down 20%+ on a y/y basis for a record 9 straight months. https://t.co/Nn52tVjne0 pic.twitter.com/PI0tC7Hjyh — Bespoke (@bespokeinvest) March 29, 2023 Has the bubble burst? 💥 Ht u/haywarducuddleme pic.twitter.com/Jfz56I8JMA — Wall Street Mav (@WallStreetMav) March 29, … Read more

And get this, the top 0.1% comprises a mere 131,485 households. pic.twitter.com/VlvsmZO7jP — Sven Henrich (@NorthmanTrader) March 29, 2023 No, really. pic.twitter.com/SOKcMq6TWT — Sven Henrich (@NorthmanTrader) March 29, 2023 When the Fed first announced QE in March 2009, QE was intended as a cyclical tool: asset purchases would provide additional stimulus at the ZLB, but … Read more

On Tuesday, the president again took an inappropriate tone when discussing the tragic school shooting in Nashville When told that Senator Josh Hawley believes the shooting at a Christian school was a hate crime against Christians, Biden said: ‘Well, I probably don’t then’  Biden was previously criticized for making several jokes about ice cream before … Read more

by scott_jr I’ve been saying that real estate is the next domino, and I think we’ll see more defaults / foreclosures in the coming weeks / months. From article: Office vacancy now at 27.6 percent, according to CBRE. Rents have fallen 15 percent, according to JLL. Across the Bay, Oakland’s office vacancy rate has hit … Read more

They climate change as an excuse to grab power and control your lives. It's Climate Communism. A Bill Gates funded think tank tried to get me deplatformed for exposing the climate scam. Please make sure to follow me on Substack in case I get banned👇https://t.co/xbKsFeMsaj — PeterSweden (@PeterSweden7) March 28, 2023

🙄 like the narrative where they said inflation is good — Mario Stifano (@Mario_Stifano) March 28, 2023

Mental illnesses are among the most common health conditions in the United States. More than 50% will be diagnosed with a mental illness or disorder at some point in their lifetime. 1 in 5 Americans will experience a mental illness in a given year. https://www.cdc.gov/mentalhealth/learn/index.htm h/t Endoplasmic