Breaking news, updates, and reports on current events.
By Graham Summers, MBA The financial markets are now experiencing their 3rd “the Fed is about to pivot” delusion. Ever since the Fed started tightening monetary policy in March 2022, the financial media and social media have been abuzz with claims that the Fed will eventually “pivot,” meaning that the Fed will abandon its tightening … Read more
by confoundedinterest17 As I told my Chicago, Ohio State and George Mason University finance and real estate students, repeatedly, “Watch out when The Fed begins to tighten monetary policy. It will be a bloodbath for taxpayers.” Well, here we are. I argue that Biden’ green energy knucklehead policies are driving inflation, or it could be the … Read more
via foxnews: Google is manipulating search engine results to harm Republicans in critical Senate races, according to the Media Research Center. The MRC is calling on Google to “stop its war on democracy” and “provide algorithmic transparency” after the media watchdog’s Free Speech America initiative analyzed the 12 races identified by Real Clear Politics as important to watch. … Read more
“Elon Musk’s plan to lay off 75% of Twitter workers will hurt Twitter’s ability to serve the public conversation,” the letter says. “A threat of this magnitude is reckless, undermines our users’ and customers’ trust in our platform, and is a transparent act of worker intimidation. We cannot do our work in an environment of … Read more
CNBC, Released on 10/24/22 Jim Bianco of Bianco Research breaks down the market action. Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades … Read more
Ted absolutely crushed the clowns over at The View https://t.co/pfnXZJX8km — Donald Trump Jr. (@DonaldJTrumpJr) October 24, 2022 The IQ difference in this discussion is hilarious. pic.twitter.com/3VXj313C6V — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) October 24, 2022
by mOfN81 https://www.dw.com/en/germany-close-to-compromise-on-chinese-bid-for-port-terminal-reports/a-63547949 The MSM in Germany is trying to pretend that the corrupt government’s goal was not to “sell a larger part” of Hamburg Port to China.. IMHO the government aimed at the 35% ownership that is now being discussed as a deal that might come through, and the MSM tries to make it … Read more
He’s claiming they’ve impugned his character with defamatory statements that have gone worldwide. AC
The left are trying to redefine the occupation of ‘housewife’. According to them, no longer is it a full time occupation but another empty and meaningless existence. I don’t follow the ‘Real Housewives’ series but from what I’ve garnered – it’s a bunch of mentally unstable, narcissistic women who fiddle away their empty lives with … Read more
Just when you thought the Saudis couldn’t humiliate the Biden administration any more, the Wall Street Journal reports that Crown Prince Mohammed bin Salman is reportedly talking massive trash about the US president behind closed doors. Saudi Crown Prince Mohammed bin Salman, the kingdom’s 37-year-old day-to-day ruler, mocks President Biden in private, making fun of … Read more
The Netherlands has become a testing ground for the globalist Great Reset being pursued by the World Economic Forum. In the process, people’s diets are being switched to insects. After most farmers in the Netherlands were officially ruined by suspect “nitrate laws”, insects are currently being introduced in schools. https://twitter.com/BernieSpofforth/status/1581376587391700992 … In Australia, over 1000 … Read more
By LV What happened to me? I stand alone in the corner of a cold warehouse. The inscribed plinth that I once proudly stood upon is gone. My sculptured body is covered with cobwebs that no one bothers to remove. For over a century, visitors would gather around and look up to me. To them … Read more
DeSantis: "I know that Charlie's interested in talking about 2024 and Joe Biden, but I just what to make things very, very clear. The only worn out old donkey I'm looking to put out to pasture is Charlie Crist." pic.twitter.com/BzaQ9wTV8h — Washington Free Beacon (@FreeBeacon) October 24, 2022
“You see them on the street. You watch them on TV. You might even vote for one this fall. You think they’re people just like you. You’re wrong. Dead wrong.” — They Live We’re living in two worlds. There’s the world we see (or are made to see) and then there’s the one we sense … Read more
Also, why did Bernanke believe QE couldn’t commence without first getting to 0 in fed funds? @dampedspring — S. Boz (@marketrundown) October 25, 2022 https://twitter.com/WallStreetSilv/status/1584639330773274624 When US housing starts become housing stops… As we head toward an all but inevitable recession due to restrictive monetary policy, inflation, and a credit cycle clearly at its end, … Read more
The company said it would take a “short-term” hit of €250m (£217m) to its income for this year after deciding to stop the brand’s business with immediate effect German company may announce it is severing ties on Tuesday Adidas has been under pressure after antisemitic remarks by Ye Adidas would join Gap Inc. and Kering SA’s … Read more
by confoundedinterest17 The Federal Reserve’s DOTS PLOT shows where each Fed official’s projection for the central bank’s key short-term interest rate is headed. As of the September 21, 2022 Fed Open Market Committee (FOMC) meeting, the prediction of future Fed target rates is decidedly DOWNWARD SLOPING. The Fed hawks, those that want to tighten monetary policy, … Read more
by Shaun Richards There have been 2 major economic themes so far this year. The first is the rise in inflation and hence the cost of living and the second has been the rise and indeed rise of the US Dollar. These are linked in so many ways as for us in the rest of … Read more
by Graham Summers of Gains, Pains, & Capital One of the central theses of my bestselling book The Everything Bubble is that once a central bank embarks on a path of extraordinary monetary easing, it can never escape. The Bank of England (BoE) is now finding this out the hard way. Back in September it had planned on shrinking its balance … Read more
What do Joe Biden and Harry S. Truman have in common? Both presidents ran the US when American stockpiles of distillate fuel were exceptionally low. Currently, the US has just 106 million barrels of diesel and heating oil in commercial stocks; the last time inventories were that low in mid-October was in 1951, when Truman was … Read more