The Economist : if rates rise by 100bp, global interest payments will rise from $10tn to $16tn, or from 12% to 15% of global gdp; if they rise by 200bp, to $20tn or 18% global gdp.

by

Some $300tn in global debt needs to be rolled over. @TheEconomist: if rates rise by 100bp, global interest payments will rise from $10tn to $16tn, or from 12% to 15% of global gdp; if they rise by 200bp, to $20tn or 18% global gdp. cc:@crossbordercap https://t.co/cq1dvmdvu5 pic.twitter.com/hnU05JuCa3 — Policy Tensor (@policytensor) February 4, 2022 https://twitter.com/WallStreetSilv/status/1491286156990107648

Fastest tightening in two decades; Global liquidity is sopping up; Hedge funds are no longer hedged; Supply shortage & inflation worsening…

by

Global central banks are unanimous that they must "shock and awe" markets with the fastest tightening in two decades:https://t.co/SIuvff4zJf "Larger rate hikes might boost central bankers’ inflation-fighting credibility" Yes indeed. pic.twitter.com/o04Vgfd6ZK — Mac10 (@SuburbanDrone) February 9, 2022 Those who say there are too many bears for this to crash, are wrong. We can assume that … Read more

Facebook aka Meta, I don’t like this stock

by

by whyrweyelling In fact, I hate this stock. I’m surprised people don’t take this as an opportunity to do something good with money. This company is pure evil. And aholes are buying into it because it has what, a discount from the last year? Lame. Compared to 2yrs it’s still up. ​ Shitty FB stock … Read more

Can The Fed Afford To Tighten Into An Economic Slowdown?

by

by jessefelder There’s an important disconnect between stocks and bonds today. Specially, I am looking at two fundamental indicators for evaluating long-term interest rates. The first is the performance of small cap stocks relative to large caps. Typically, this ratio has moved in concert with the 30-year treasury yield. For the past few months, however, … Read more

American Companies That Failed in China

by

by visualcapitalist For decades, China has been a top priority for American companies looking to expand. This is because the country’s middle class is simply enormous, growing from 3.1% to 50.8% of the country’s total population between the years 2000 and 2018. According to Brookings, there are now at least 700 million people in China’s middle class, and … Read more

Millions Fall For Deceptively Edited Joe Rogan Video

by

A deceptively edited video taken from the Joe Rogan podcast that has been viewed by more than a million people online appears to show the host agreeing with a guest’s racist assertions about African-Americans’ genetic predisposition to violence. The unedited video shows Rogan pushing back against these claims, however.

Slowing! Mortgage Purchase Applications DOWN 12% YoY (Mortgage REFI Applications DOWN 50% YoY)

by

by confoundedinterest17 The Mortgage Bankers Association (MBA) released their weekly mortgage application survey this morning. Mortgage applications decreased 8.1 percent from one week earlier, for the week ending February 4, 2022. The Refinance Index decreased 7 percent from the previous week and was 52 percent lower than the same week one year ago. The seasonally adjusted Purchase … Read more

School Mask Mandate In Massachusetts Will Be Allowed To Expire On February 28, Governor’s Office To Announce

by

BREAKING: School mask mandate in Massachusetts will be allowed to expire on February 28, governor’s office to announce. — Election Wizard (@ElectionWiz) February 9, 2022 Illinois Governor just announced that he will lift the indoor mask mandate on February 28th. BREAKING: Illinois Governor just announced that he will lift the indoor mask mandate on February … Read more

Jason Burack: Gold Rallies Back! US Mint Sales Set Record, China Sales Break 2019 Levels

by

Wall St. For Main St., Released on 2/8/22 Still in a Gold Tug of War but strong physical demand news stories lately: U.S. Mint sees strongest gold coin sales in 12 years, sells 1.25 million ounces in 2021 https://www.kitco.com/news/2022-01-04… 2021 Chinese Gold Demand Surged Above Pre-Pandemic Levels https://schiffgold.com/key-gold-news/… Looks Like There’s a Whale Snapping Up Gold Bullion … Read more

Greenpeace to Take Over Environment & Secretary of State for Germany

by

by Martin Armstrong Jennifer Morgan of Greenpeace has been behind Greta Thunberg, and I believe was caught even writing her speeches. She is friends with Al Gore who succeeded in inserting Greta into the movie on Davos, “The Forum.” Now the German Foreign Minister Annalena Baerbock (Greens) has brought Greenpeace’s boss Jennifer Morgan into the … Read more

When it rains it pours: Facebook shares crash. Zucker out at CNN. Maddow cancelled. Cuomo gone. Whoopi on probation.

by

Facebook share price drop by more than 25% 1/4 share price is crash pic.twitter.com/V7gFr9hpDJ — Deepak (@deepakc_310) February 3, 2022 BREAKING: Jeff Zucker out at CNN due to an improper relationship with a colleague. “I am resigning today. I certainly wish my tenure here had ended differently." — Joe Concha (@JoeConchaTV) February 2, 2022 Maddow … Read more

Fed Wizards – The Mega Manipulators

by

By Egon von Greyerz In an investment world of instant gratification and Fed Intervention, when short term trading and speculation is the norm, real values are forgotten. Confucius understood the value of long term thinking and thus real values: If you think in terms of a year, plant a seed, if in terms of ten … Read more

Lauren Boebert: Nothing says “Democrat Priorities” like raising the price of insulin on Day 1 but making crack pipes free.

by

Funny how many people forget about the insulin thing. It sort of got buried under the skyrocketing price of gas. I remind anyone I meet about both every time I get the chance while asking, “If raising the price of insulin and gas were their top priorities, two of the very first things they did, … Read more