Recession Countdown Has Officially Started
New cars are selling below sticker price for the first time in 20 months, per Kelley Blue Book. — unusual_whales (@unusual_whales) April 19, 2023
Calm before the storm? Interesting similarities in the behavior of volatility ($Vix) – 2008 versus present
by goldenloi I want to be very clear: I am not trying to say that 2023 will be an exact repeat of 2008. Only time will tell exactly how this plays out. Either way, I found it interesting just how similar …
Sen. Rick Scott: “The Federal Reserve has become a monster.” “It’s clear that we need answers and accountability that cannot be provided by the current system.” “We can’t wait any longer for big change at the Fed.” “If we do nothing, we risk repeating 2008.”
by Dismal-Jellyfish Source: https://www.marketwatch.com/story/sen-rick-scott-the-fed-isnt-owning-up-to-its-failures-we-need-to-make-it-accountable-19d3697c The Federal Reserve has become a monster. The Fed is the world’s largest and most powerful central bank. It spent years buying up trillions in government bonds, mortgage securities, and other financial instruments. Altogether, its assets add up to …
Something Is Wrong With the Bond Markets!
by BoatSurfer600 What are the markets preparing for? The US Bond markets are under siege as the extreme front-end rates have decoupled. The 1M T-bill is now at 3.89%, and the 3M T- Bill is now at 5.20%. The spread is …
Meta to Conduct Another Round of Layoffs Affecting Up to 10,000 Jobs, Reports Say
Meta will conduct another mass round of layoffs on Wednesday, several sources working at the company told Vox. In an internal memo posted to a Meta employee message board on Tuesday evening and viewed by Vox, the company told employees …
Public Backlash Forces New Zealand to Cancel Cat-Killing Contest for Children
NEW 🚨 A competition in New Zealand for children to hunt and kill feral cats has been scrapped following public outcry https://t.co/m0h0f0y52n — Insider Paper (@TheInsiderPaper) April 19, 2023 A competition in New Zealand for children to hunt and kill …
Alleged Chinese Operative Arrested By FBI For Opening ‘Secret Police Stations’ Attended Ritzy Dem Events
An alleged Chinese Communist Party (CCP) operative arrested by the FBI on Monday was pictured meeting with several prominent New York Democrats at swanky dinners and campaign events, a Daily Caller News Foundation investigation found. Lu Jianwang, whom the FBI …
Car loan money drying Up. Consumer credit will locked up in 30-60days.
Past 10 days have been wild: — Capital One shut off all dealer floorplans (aka inventory lines of credit) — USA Auto Sales shut down 39 dealerships after losing its Ally floor plan — Wells fargo laid-off all its junior …
What Inflation Can Do In 2 Years (Shocking Charts)
As of April, the pace of inflation has slowed from a year-over-year peak of 9.1% to 5%. That’s good news for struggling consumers, but doesn’t tell the whole story of how much more Americans are spending due to rising prices. …
Person interest payments have increased by 100% in the past 18 months. Credit crunch is taking out auto lending home lending and commercial real estate.
~100% increase in the past 18 months pic.twitter.com/VNLUWHSjKg — Adam Taggart (@adamtaggart) April 19, 2023 Credit crunch is moving forward, taking out auto lending home lending and commercial real estate. Recession signals are 🚨🚨🚨 🔊 https://t.co/xJgzSeqaOL — Wall Street Mav …
Glenn Greenwald: ‘Criminalizing speech is becoming increasingly common by claiming the speech serves Russia’s interests’
Here's one of the leaders of one of the groups who is now indicted, Omali Yeshitela of @_InPDUM, speaking at a "Peace in Ukraine" rally last month. Criminalizing speech is becoming increasingly common by claiming the speech serves Russia's interests:https://t.co/i9kmkLYykr …
The Advantages Of Relying On A Business Lawyer As A Startup
As the owner of any startup, you will come face to face with various challenges and rewards on the way to establishing a successful organization. However, when it comes to some business hurdles, it’s in your best interests to rely …
Downtown Portland not looking so hot…
It was really really beautiful once. Not even that long ago. We never ever go there anymore. 😞💔 — Nancy the Neanderthal 🇺🇸 (@nan_mclellan) April 19, 2023 One store after another shutting down — Elon Musk (@elonmusk) April 18, 2023
Should NY Post sue CNN and Jake Tapper for defamation…
https://t.co/ci7TMuMSFi — 🇺🇸 Mike Davis 🇺🇸 (@mrddmia) April 18, 2023
Chicago is a Blue Warzone
by Martin Armstrong Mobs of hundreds of teens and young adults are terrorizing Chicago and burning their own city down. Former Mayor Lori Lightfoot permitted crime to take place. Mayor-Elect Brandon Johnson is another far-left politician who will do nothing …
‘They hate you unless you bow to them and accept their twisted values, corrupted morals and lack of ethics.’
They hate you unless you bow to them and accept their twisted values, corrupted morals and lack of ethics. — Joe Gaffney (@Jtg12461) April 18, 2023 Rand Paul: “DHS even put out a video encouraging children to report their own …
BRICS to surpass G7 in share of global economic growth – Bloomberg
The bloc of developing countries will be a larger driver of development than the Western Group of Seven major economies Members of the BRICS group – Brazil, Russia, India, China, and South Africa – are expected to outpace the US-led …
New Home Buyers Penalized for High Credit Scores
by Martin Armstrong Fannie Mae and Freddie Mac are making some changes to Loan Level Price Adjustments (LLPAs) that will likely hurt those with good credit applying for conventional loans in the US. To ensure “fairness,” the agencies are helping …
US Mortgage Demand Declines -8.8% Since Last Week As Mortgage Rates Rise 2.06% WoW, Purchase Mortgage Demand Down -36% YoY, Refi Mortgage Demand Down -56% YoY
by confoundedinterest17 It’s only mid April and mortgage demand should be approaching it’s yearly high. But under Biden and The Fed, mortgage demand seems to have peaked earlier than normal. It’s already late in mortgage cycle. Mortgage applications decreased 8.8 percent from …
Donald J. Trump: “Elon Musk is just trying to make friends with the absolutely horrible Biden Administration because of all the government subsidies he gets, and all the permits he needs….”
View post on imgur.com Donald J. Trump @realDonaldTrump I don’t believe Elon Musk voted for Biden, not for a minute! He told me that he voted for me, but who knows about that, and who cares? Elon is just trying …
J&J Talc Unit Asks Judge to Halt Cancer Lawsuits as It Pursues $8.9 Billion Settlement
‘A Johnson & Johnson subsidiary is again asking a U.S. judge to pause tens of thousands of lawsuits alleging the company’s baby powder and other talc products cause cancer, as it seeks to resolve the litigation in bankruptcy after a …
NYC’s Vegan Mayor Eric Adams to Limit Amount of Meat People Can Eat to Combat Climate Change
No one expects a school lunch to be fine dining but… this is black beans, tomato and corn for NYC schools very first #VeganFriday. Option 2 was this burrito which wasn’t even #vegan. Tonight at 11pm on @ABC7NY. burrito credit …
More Chinese Police Stations Found in US
https://t.co/XcLbT2X4gx — Bernard B. Kerik (@BernardKerik) April 19, 2023 In addition to the Chinese police station above a noodle restaurant in Manhattan’s Chinatown, there is another station at an undisclosed address in New York City, as well as an outpost …
UN document March 2023 – UN taking lead in a crisis. Includes global warming & major event from outer space that could cause severe disruptions
This smacks of a one world government protocol. Brief Over view: New UN document calls for the UN Secretary General to become de facto dictator of the world in the event of any situation deemed to be a "crisis". Full …
Ukraine receives Patriot Anti-Missile System
#BREAKING Ukraine receives first US Patriot air defence systems: minister pic.twitter.com/13mfR8Ruos — AFP News Agency (@AFP) April 19, 2023 https://twitter.com/_/status/1648648001429073927 h/t DOORBERT
Youth jogging club to meet again Sat in Chicago
Mostly peaceful jogging commences again Saturday night. Looks like the purge every weekend in Chiraq this summer. I’m buying popcorn in bulk. AC
It didn’t stop at guns in the UK…
Kitchen knives could be seized from the homes of suspected criminals under a proposed Home Office plan. Police will be consulted by ministers to allow them extra powers to ‘seize, retain and destroy bladed articles’ kept in private, even if the knives …
Americans now spend MORE on weed than on chocolate
Americans spent more money on legal weed last year than chocolate and craft beer combined after major changes to marijuana laws, a new report has revealed. Tapped at $30billion by cannabis website MJBizDaily, the monetary measure of legal marijuana sales …