Breaking news, updates, and reports on current events.
By Matthew Piepenburg Once again, the US is facing a recession which Main Street feels, Wall Street whistles past, and DC simply denies. Below, we look at these recessionary forces and delusional policy makers in the context of blunt-speak rather than Fed-speak so that we can best prepare for what’s already felt but rarely spoken … Read more
https://twitter.com/RealDante12/status/1554272237506609152
h/t Jim Quinn
CNBC, Released on 8/2/22 Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC’s ‘Squawk Box’ to weigh in on the markets ahead of the open on Tuesday. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer … Read more
https://twitter.com/WallStreetSilv/status/1554769050764562435 The "American Dream" shopping mall is in default.https://t.co/haFV1TNGok Another casualty of misallocated cheap capital. 14 years of 0% rates later, pundits wonder relative to 2007, where is the leverage this time? Everywhere. pic.twitter.com/TmyeBQZk44 — Mac10 (@SuburbanDrone) August 2, 2022
During the "tech wreck" 2000-2002 the Nasdaq 100 declined -83% During this time there were seven bear market rallies of more than +20% You can get away with pretty-much ignoring countertrend moves in a bull market. Much harder in a bear market. pic.twitter.com/NRloCziFGz — Simon Ree (@simon_ree) August 1, 2022 We are now literally hearing … Read more
Rebel Capitalist, Released on 8/2/22 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 … Read more
by AC GEICO, one of the largest insurance companies in the United States, reportedly closed all 38 of it’s California offices on Monday, resulting in hundreds of workers being laid off. According to the company, GEICO would not be leaving outright, and will still be offering policies directly online, with all insurance functions continuing as … Read more
By Charles Kennedy Despite expectations of an economic slowdown, diesel demand appears to be rising unabated. For some countries around the world, diesel shortages are already a reality, and European countries are racing to secure diesel ahead of the embargo on Russian barrels. For the U.S., with the harvest season in the Midwest looming, it will … Read more
by John W. Whitehead “Every day in communities across the United States, children and adolescents spend the majority of their waking hours in schools that have increasingly come to resemble places of detention more than places of learning.”—Investigative journalist Annette Fuentes This is what it means to go back-to-school in America today. Instead of making the schools safer, … Read more
Former head of precious metals at J.P. Morgan, Michael Nowak, is currently on trial with colleagues Gregg Smith and Jeffrey Ruffo in Chicago regarding whether or not they conspired to manipulate gold and silver markets. While that may not be news to many Zero Hedge readers, some of the inner workings of J.P. Morgan’s metals desk, as detailed in … Read more
It’s a myth that the COVID shots stop the spread of the virus. Unfortunately this myth is still the basis of policies and decisions that are causing real harm to Americans. pic.twitter.com/nyLWv2PiT3 — Thomas Massie (@RepThomasMassie) August 1, 2022 h/t Jim
Jeffrey Epstein was a CIA or Mossad agent trying to compromise high-level assets, is a theory being floated by popular broadcaster Joe Rogan. Rogan stated so in late July on his podcast “The Joe Rogan Experience.” Rogan said that he believes that Epstein, a convicted pedophile was part of a plot to collect sensitive information … Read more
STATISTIC: 58% of Americans live paycheck to paycheck, including 30% of those making over $250,000, CNBC report reveals. — Watcher.Guru (@WatcherGuru) August 3, 2022
“Warmonger Pelosi, get out of Taiwan” has appeared on displays in all 7/11s stores across Taiwan This has not prevented some conspiratorial accusations against Uni-President of being pro-unification and doing this deliberately. Anyway, I leave this for technical experts, but before pointing the blame at China, its possible that pro-China, non-state actors are responsible too … Read more
Insect burgers in Germany… pic.twitter.com/Ddm1Cz0hLZ — MIZGOL (@LeylaRostami) August 2, 2022
“Padawan,” a new Star Wars spin-off novel published by Disney Books, written for teens and young adults, suggests that the beloved character Obi-Wan Kenobi is bisexual. An excerpt is from “Star Wars Padawan” by Kiersten White has young fans believing that Obi-Wan Kenobi would be open to kissing a man, with others thinking the scene … Read more
An FBI whistleblower leaked the bureau’s ‘domestic terrorism symbols guide’ on ‘militia violent extremists’ to Project Veritas. The unclassified document says it is for FBI internal use only. And there isn’t one word about Antifa terrorists or BLM militants. Under the “symbols” section of the leaked document, the FBI targets the Second Amendment. Ashli Babbitt … Read more
