Melt-Up Is Here – 80% Correction Afterward | David Hunter

https://www.youtube.com/watch?v=DJPb86zVf2A Stocks are entering the final melt-up stage, says David Hunter, a contrarian macro strategist with 40+ years experience on Wall Street. He expects the S&P to hit 6,000. But after a euphoric rise, he expects an epic downturn, the largest in the post-WWII era. Stocks could fall as much as 80%. Find David online: … Read more

Should Minimum Wage Implementers be Jailed?

Via International Man Notice the question posed above mentions implementers, not supporters. The latter consists of, what? 95% of the electorate? We can document that some 2/3 of the voters favor a minimum wage of $15. It is my estimate that virtually all voters favor this law at some level. That is, perhaps at most … Read more

US Inflation Surges To 7.5% YoY, REAL Weekly Wage Growth Falls To -3.1% YoY (Taylor Rule Now Suggests Fed Funds Target Rate Of …18.90%)

by confoundedinterest17 As expected, US inflation surged from 7.0% in December to 7.5% in January. REAL average weekly earnings growth YoY fell to -3.1%. Energy prices YoY lead the wage (fuel oil UP 46.5% YoY). Used cars and trucks UP 40.5%. At least food is up “only” 7%. At 7.5% CPI, the Taylor Rule suggests that … Read more

China’s TikTok Shares More Data Than Any

Two of your social media apps could be collecting a lot of data on you — and you might not like what one of them is doing with it. That’s according to a recent study, published last month by mobile marketing company URL Genius, which found that YouTube and TikTok track users’ personal data more … Read more

The Power to Ignore MSM

Once in TV journalism there were people called assignment editors and news directors. Among their responsibilities was to instruct reporters and camera crews which stories they were to cover that day. Their choices were based on several factors that included what they regarded as news, viewer interest (i.e., ratings) and much more subtly, their own … Read more

The polls get worse for Biden // 58% (!) disapproval in the new CNN survey.

The polls get worse for Biden // 58% (!) disapproval in the new CNN survey. https://t.co/FMavaFQh9G — Josh Kraushaar (@JoshKraushaar) February 10, 2022 These base vs. base numbers are alarming for any president heading into a midterm: "Biden also continues to have more strong detractors than he does fervent supporters: 41% of Americans disapproved strongly … Read more