Odds are the U.S. will see a recession and market sell-off, says Peter Boockvar

by

CNBC, Released on 4/6/22 Peter Boockvar, chief investment officer at Bleakley Advisory Group, joins CNBC’s ‘Squawk Box’ to discuss inflation, the Federal Reserve and the possibility of a recession in the U.S. Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.

The Fed has more money on its balance sheet (8.9 trillion) then the total value of all 401ks in the United States (7.3 trillion as of 9/21).

by

by Jmeshareholder 5 trillion of that was added to the Fed’s balance sheet since Feb. 2020: https://fred.stlouisfed.org/series/WALCL 401k balances: https://www.ici.org/401k —— But oh ya, inflation is only happening because the ships and ports and all that jazz. Definitely not also because of the largest instance of debt monetization in the history of mankind. This behavior jeopardizes the … Read more

The Pros And Cons Of Refinancing Your Mortgage

by

Mortgage refinancing is rolling over your current home loan into a new one with a better rate. Servicing a mortgage means paying a loan from the bank in monthly installments with the interest of a fixed period. When you refinance, your new mortgage settles the balance of the previous one and with lower monthly payments … Read more

Democrat control of school boards isn’t just bad because it gives them control of education, but because they use those elections to groom candidates for higher office.

by

CHANGE? Republicans Wallop Democrats in Spending on Tuesday’s Wisconsin School Board Races. Wisconsin voters are headed to the polls Tuesday to vote in critical local elections for mayors, school boards, and county executives in what may give an early preview of where the battleground state’s electorate stands on issues that could prove critical to statewide and … Read more

JPMorgan (JPM) Stock Lost 25% in 5 Months – Dragging Major Indices Down – Yet Jaime Dimon’s Compensation More Than Doubles

by

JPMorgan Chase & Co. (JPM) CEO Jamie Dimon’s total compensation rose to $84.4 million for 2021, up from $31.7 million in 2020, according to the bank’s annual proxy statement filed Monday. https://www.morningstar.com/news/marketwatch/2022040471/jpmorgan-ceo-jamie-dimon-total-compensation-more-than-doubles   h/t  GroundbreakingLynx14

Rick Bomstein: It really is weird how the Fed suddenly got religion about the stock market after officials admitted to insider trading and dumped all their stocks

by

It really is weird how the Fed suddenly got religion about the stock market after officials admitted to insider trading and dumped all their stocks — Rick Bomstein (@BomsteinRick) April 6, 2022 It's in the context of this surge in #FederalReserve's balance sheet (@wsj chart) that the #Fed signaled in yesterday's FOMC minutes an annual … Read more

Protesters are gathering outside Disney’s Burbank, Calif. location. High level employees were recently seen in leaked meeting videos admitting to having a “gay agenda” to indoctrinate children.

by

Here is video obtained by @realchrisrufo of a recent meeting of Disney executives where Latoya Raveneau talks about her “gay agenda” and how that influences the programming she produces for children at the company. pic.twitter.com/KTJpr6PJvC — Andy Ngo (@MrAndyNgo) April 7, 2022 BREAKING: Protesters gather in front of the Disney HQ in Burbank CA chanting … Read more