(Bloomberg) — President Joe Biden plans a blistering critique of Donald Trump as he marks the one-year anniversary of the Jan. 6 riot at the U.S. Capitol with a speech that will warn of the dangers of misinformation and subverting democracy. The president on Thursday morning will also call on lawmakers to pass voting rights … Read more
by Jason Burack of Wall St For Main St A new poll shows voters think Biden is making inflation worse. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy http://www.patreon.com/wallstformainst or Patreon dot … Read more
by Keith Weiner of Monetary-Metals The Ship of Theseus is an old philosophical thought experiment. It asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? We are not going to try to resolve this millennia-old paradox. Instead, we are going to add one more element, and … Read more
by laflammaster Kaisa with $132M, Country Garden with $128M, Sunac China with $108M, and Shimao with $106M due this month. Four companies comprise 72% of all payments which total to $656M. https://twitter.com/ImJames_K/status/1479070386255974404 [Contagion] Looks like Modern Land still not being able to pay their October coupon payment.
When thinking about cryptocurrency investing, many will immediately associate it within the same breath of gambling. Naturally, many will link the two activities due to the amount of risk that can be associated with the two different activities, however when breaking each of them down, it is extremely clear that investing and gambling are two … Read more
by Charles Hugh-Smith So one index or asset or another hits a new high, wow, more proof everything is so robust and healthy, we never had it so good–right up to the seizure and collapse. Some readers occasionally make the point that I’ve been predicting a market crash for ten years and been dead-wrong for … Read more
by Chris Black Today was a bloody day for both stonks and crypto, especially for the latter, as BTC hit $42.5k before bouncing back a bit, after it was revealed that the FED claims to be interested in a “fast” rate-hike this year, whatever that means. BREAKING: Fed officials said a growing economy and higher … Read more
by Chris Black People love to complain about “Liberalism” but the vestiges of Anglo “Liberalism” are pretty much the only reason we aren’t in gulags right now. When 2030 hits, the critics of “Liberalism” will beg to live in a “Liberal” society. Globalists aren’t “Liberals.” They don’t give a damn about “Liberal” values. Even their … Read more
Designed as a 2 hour test, the teachers were given 3; a passing score is just 70%. h/t Electricutie
by confoundedinterest17 The last mortgage purchase applications index from the Mortgage Bankers Association was released this morning. The headline is “Mortgage Purchase Applications Plunge 10% WoW (since the previous week). But this is called “Seasonality.” And it happens EVERY YEAR. Here is a chart of mortgage purchase application (NON-seasonally adjusted). What will happen when the … Read more
by confoundedinterest17 The Federal Reserve Open Market Committee meeting should have a Lawrence Welk bubble machine operating, particularly for their announcements. When we look at the Buffett Indicator, we can see how The Federal Reserve’s loose monetary policies (or follycies) are driving up stocks to unsustainable levels that may not survive without The Fed’s “Do Ho … Read more
by confoundedinterest17 Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after. “Participants generally noted that, given their individual outlooks for the economy, the labor market, and inflation, it may … Read more
by jessefelder “When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.” -Paul Tudor Jones Back in September I suggested it looked like the oil price was getting ready to break out of its long-term downtrend. … Read more
The market is now pricing in a >67% probability of the 1st Fed rate hike occurring in March. A month ago that probability was at 27%. pic.twitter.com/gSdiVgGbFh — Charlie Bilello (@charliebilello) January 6, 2022 pic.twitter.com/FyGD2vwFFi — Alastair (@StockBoardAsset) January 6, 2022 Australia is interesting as more is priced in as well & basically markets calling … Read more
President Biden’s IRS is cracking down on payments made through third-party apps, requiring platforms like Venmo, PayPal and Cash App to report transactions if they exceed $600 in one year. The new reporting requirement will ensure that small businesses that receive payments through those apps are paying their fair share in taxes on them. Beginning … Read more
A young 24yr old female posted this on social media… pic.twitter.com/IfPbMMfgmD — WPL (@WomenPostingLs) January 4, 2022 h/t SgtWalleye1
To bolster US relations/trade, #Kazakhstan has paid millions (in)directly to DC lobbyists over past few years. They include RJI Capital Corporation, Hutton-Transcon Joint Venture, Latham & Watkins LLP, Greenberg Traurig, LLP, & Mercury Public Affairs, LLC. https://t.co/ggNkh9abuT — Matthew Schaaf (@schfm) December 15, 2021 https://twitter.com/N_Waters89/status/1478825981641113609 BREAKING 🚨 Moscow-led alliance to send 'peacekeeping forces' to protest-hit … Read more
Automaker Chrysler just announced plans to go completely electric by 2028, anticipating the release of its first electric vehicle by 2025. Chrysler announced the plans along with a new AI-enabled vehicle system powered by a battery that the company says can travel 350 to 400 miles per charge, as The Associated Press reported. https://www.wnd.com/2022/01/chrysler-go-full-electric-will-no-longer-offer-internal-combustion-vehicles/
