Gasoline Prices Highest in 8 years

Big, big trouble for the White House. U.S. average retail gasoline price has hit its highest since Sep 2014 at $3.343 per gallon, according to motoring club AAA. Every state (including the likes of Mississippi and Alabama) is above $3. California is approaching $4.7 | #OOTT — Javier Blas (@JavierBlas) February 4, 2022 Wait until … Read more

1999 Repeal of Glass-Steagall was the worst deregulation ever enacted in US history. Creating Too-Big-To-Fail which caused 2008 Financial Crisis & Arguably The Unprecedented Jan 2021 (PCO or Cascading Bank Failure)

by ringingbells Focal Infographic 20th Century In 1929, the reasons the stock market crashed parrelelled the reasons during the 2008 financial crisis: underwriting. In 1929, it caused Black Tuesday and directly led to the Great Depression, and arguably WWII. June 16, 1933, Glass-Steagall was enacted to prevent it from ever happening again. June 6, 1934, the … Read more

These Socialists are Retarded

by Chris Black They all supported the lockdowns that destroyed small and medium businesses and hurt lower income people the most, and at the same time they work to block big companies from their area that will create new jobs just to virtue signal against corporations. Double whammy: destroy the little guys and help the … Read more

This is Weimerica In a Nutshell

by Chris Black High ranking judge is a wigger planning to have a swingers sex party in his judicial chambers. At hearing, he was condemned for ethical violations but no further action was taken. Kansas Supreme Court accepts finding that ‘Club Foreplay’ judge violated judicial rules https://t.co/lceMAhAmjU — Kris Ketz (@KrisKetzKMBC) January 28, 2022  

The Bear Awakens

by Charles Hugh-Smith The bear has awakened, and it will not be limited to the stock market. The bear awakens from a long, uneasy slumber and the everything bubble is in trouble. I’m not going to make the bear case with charts or price-earnings ratios or sentiment readings or anything remotely financial. My bear case is a crisis of belief as … Read more

Lagarde Pivots on ECB Rate Hikes as Switch in Guidance Seen Soon (US 10Y Yield Up 5BPS, Mortgage Rates To Follow)

by confoundedinterest17 Its the same all over the WESTERN world as sovereign yields are starting to rapidly rise. (Bloomberg) — European Central Bank President Christine Lagarde is no longer ruling out an interest-rate hike this year, a pivot toward the tightening stance of global peers that officials privately see materializing with a shift in policy guidance as soon as next … Read more