Apple is reportedly working on selling iPhones and iPads themselves as part of a hardware subscription service, according to a new report from Bloomberg, whose author Mark Gurman writes the service could arrive next year. The move would fit into Apple’s ongoing push towards subscription services as a whole. Over the past several years, Apple … Read more
US to sell energy to Europe in bid to cut reliance on Russian gas https://t.co/ndSWw33gXw pic.twitter.com/eE294fEQPC — New York Post (@nypost) March 25, 2022 Get energy independent your self first!
President Biden alerted us that, as a result of sanctions on Russia, food shortages for Americans are “going to be real.” So, for a fight on the other side of the world, that doesn’t threaten American interests in the least bit, the American people are supposed to suffer from a lack of food? Does that … Read more
How about some free gas money to ease the pain at the pump? That’s the plan being pushed this week — to the tune of $100 per household each month — by congressional Democrats. I’m kidding, of course. Democrats would never propose a free gas money program so small. It’s actually $100 per household plus … Read more
by confoundedinterest17 US pending home sales for February surprised to the downside, down -4.1% MoM and -5.4% YoY, as mortgage rates soar. And inventory remains MIA. Not surprisingly, March median sales prices are up 17% YoY. University of Michigan buying conditions for housing is the lowest since the Carter inflation fiasco. Let’s see if The Fed will … Read more
According to police radio traffic, a 911 caller heard a “loud pop” similar to a gunshot, looked over a balcony and saw the man bleeding on the ground, the San Diego Union-Tribune reported Wednesday. “We believe that his daughter was up on the rooftop with him, and was able to view what happened,” Wahl said. … Read more
These are just the facts, this is what Biden said. Can it become any clearer that this whole “administration” is an intentional effort to destroy the western world? Hellbent on destroying liberty, justice and peace. h/t ADdreaming
by confoundedinterest17 We’ve got Trouble in Potomac City! The US Treasury 10Y-5Y curve is going deeper into inversion. The short end of the Treasury curve is rising, as expected, but declining at the 5 year tenor and beyond. The aggregate Treasury Index is plunging as Fed Funds Futures signal 8.341 rate hikes over the next year. … Read more
By Graham Summers, MBA The bottom is in. As everyone knows… the Fed has saved the day again! On Tuesday, Fed Chair Jerome Powell announced that the Fed is NOT going to raise rates anymore. It’s not going to shrink their balance sheet either. And best of all… inflation which entered the financial system for … Read more
by Martin Armstrong The post-2024 period appears to be a significant global war – all-in sort of thing. But will also be intermixed with shortages in commodities thanks to also weather conditions. Currently, the Neocons who have control of the Biden Administration are totally insane. They have used an executive order to do these sanctions bypassing Congress for … Read more
In 2018, Chuck Schumer stood in front of a gas station selling $3.89 gas and demanded Trump lower prices. Today, the national average gas price is $4.23 and Schumer has demanded nothing from Biden. pic.twitter.com/8L7CZrAO6L — Daniel Turner (@DanielTurnerPTF) March 24, 2022
by Peter Schiff of Peter Schiff Podcast Everything-is-awesome attitude won’t last long much longer. Stagflation is here. This round of QE won’t be like the last 4. The economy has never been as addicted to cheap money as it is now. Bond investors will begin to realize that bonds are mispriced. We’ve been making our inflation bed for … Read more
There are numerous cryptocurrencies in the crypto market, including Bitcoin, Ethereum, Dogecoin, and Litecoin. If you want to start trading in cryptocurrencies, it can be very challenging to decide which one is the best and which one will be the most profitable, primarily because of the volatility in price. Because of the popularity of cryptocurrency … Read more
by Martin Armstrong COMMENT: Dear Martin, I am a frequent follower of your blog. I read your article tonight “ Putin puts Bidens King check mate” Being an economist myself with 30 years of experience I completely agree with your proposals of a two tier Ruble. I would fine tune it even further by backing the … Read more
@GavinNewsom doing his part the keep this raging fire hot https://t.co/y8PpHTrKpJ — chiapudding (@Serfdomchaser) March 24, 2022
by laflammaster https://occ.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr4-2021.pdf https://occ.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr4-2021.pdf
It is always interesting when the #bullish media says:"Buy stocks because #rates are low (equity #risk premium high) which justifies overpaying for value."1) Rate spikes have fast which destroys that premise.2) No-one ever tells you to sell.h/t @thedailyshot pic.twitter.com/iHlHRYhlVv — Lance Roberts (@LanceRoberts) March 25, 2022 Surge In Bond Yields Says It's Time To Buy … Read more
Affordability in housing market getting squeezed several ways … existing & new single-family home prices (medians shown in blue and orange) are still high relative to history & mortgage rates (white) are now moving higher pic.twitter.com/2oMXXmK1V0 — Liz Ann Sonders (@LizAnnSonders) March 25, 2022
