Fed Caves on Tightenings

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by Adam Hamilton of Zeal LLC At mid-December’s Federal Open Market Committee meeting, Fed officials began discussing quantitative tightening.  Effectively selling previously-monetized bonds to unwind quantitative-easing money printing, this revelation from the minutes rattled markets in early January.  But hawkish-jawboning talk is cheap, as the Fed’s last QT campaign proved.  It was prematurely abandoned after stock markets threatened … Read more

Got Heat? Coal Futures UP 133% Since Jan 1 2021, Natural Gas Futures Price UP 93%, WTI Spot Price UP 82%

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by confoundedinterest17 “Stay warm. It’s a cold one out there today.” – Congressman Murray from Parks & Recreation. Yes, its a cold one out there. But the Biden Administration is engaging in reducing fossil fuel supply and pushing towards “green” energy such as inefficient solar panels, eagle-killing wind turbines, and ocean turbines. As a consequence, natural gas … Read more

Protesting Trudeau’s authoritarian rule is racist!

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Justin Castreu lectured Parliament today with WEF approved messaging from his remote command bunker. Trudeau continues painting the Freedom Convoy as a fringe protest. Because protesting blackface Trudeau = racism. Justin Trudeau was looking quite healthy today, possessing a lot of vigor and energy to denounce the Freedom Convoy as he remotely spoke to Parliament. … Read more

UAE to Introduce Corporate Taxes

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by Martin Armstrong Tax havens are in short supply. The United Arab Emirates (UAE) recently announced that it will implement a new federal corporate tax on business profits. Part of what attracted business to the UAE was its tax-free status and the move could hurt new money from migrating to the UAE. The new tax … Read more

A Word From Behind the Iron Curtain – America Beware!

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by Martin Armstrong COMMENT: I simply feel compelled to address the The Interview That Killed the Anti-Work Movement American people…..what has happened to your values? Has ambition disappeared entirely? To even think that my father left a communist country under horrific stress and difficulty with his wife and two children in tow and bring us here … Read more

Consumer Pessimism Grows as Inflation Accelerates…Job-seeking and recruiting at Google ⁩ search activity suggesting weaker jobs report for January

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Consumer perception of current economic conditions in December was almost even with April 2020 levels, when sentiment bottomed out following the first major restrictions to control the coronavirus pandemic. While Americans’ feelings about their personal finances slid through much of 2021, concerns about buying conditions—amid continuing worries about inflation—fell drastically for much of the year. … Read more

Nothing could possibly go wrong with this sort of lopsided positioning.

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Nothing could possibly go wrong with this sort of lopsided positioning. pic.twitter.com/6cp0p7M9gL — Markets & Mayhem (@Mayhem4Markets) February 1, 2022 Money losing companies @thedailyshot pic.twitter.com/GoUydO9ZK4 — Win Smart, CFA (@WinfieldSmart) February 1, 2022 No slowdown evident in options activity, especially for small traders and their interest in meme stocks ⁦@FT⁩ ⁦@CBOE⁩ pic.twitter.com/dbGdQgKgeV — Liz Ann … Read more

One Mile Fertilizer Plant Evacuation in Winston-Salem Due to Possibility of Explosion, Between 300 and 600 Tons of Ammonium Nitrate Stored in that Building.

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Smoke still rolling into the sky from the fire at the fertilizer plant. Officials say there are between 300 and 600 tons of ammonium nitrate stored in that building. @WFMY pic.twitter.com/CRz7ibQEIQ — Amber Lake WFMY (@amberlakeTV) February 1, 2022 WINSTON-SALEM, N.C. (WGHP) — People within one mile from a blaze in Winston-Salem at the Weaver … Read more