James Turk: Banking crisis already worse than 2008 & it only just started… Mohamed El-Erian: Banking ‘cancer’ may be spreading as otherwise healthy firms seem vulnerable and credit gets pulled from the economy

by

Eye-opening chart of the #bank #crisis. Already worse than 2008 & it only just started. The #FederalReserve creates the illusions of #prosperity with low #InterestRates that creates the inevitable financial bust that results in an #economic bust or worse, a #currency collapse. pic.twitter.com/8KABoZmnLZ — James Turk (@FGMR) May 5, 2023 Banking ‘cancer’ may be spreading … Read more

Title 42 Countdown: 700,000 Migrants in Mexico Waiting to Rush U.S. Border

by

Title 42 Countdown: 700,000 Migrants in Mexico Waiting to Rush U.S. Border As many as 700,000 migrants, a foreign population larger than Boston, Massachusetts, are currently in Mexico waiting to rush the United States-Mexico border when President Joe Biden ends the public health authority known as Title 42 on May 11. https://www.breitbart.com/politics/2023/05/04/title-42-countdown-700000-migrants-in-mexico-waiting-to-rush-u-s-border/ Mayorkas: ‘Not Worried … Read more

Home Depot worker, 26, is shot and killed trying to stop BLACK shoplifting couple from stealing phone charger: Sh*t hole San Francisco

by

A Home Depot employee in California was shot and killed outside his store while trying to stop an alleged thief and her boyfriend, who fled with a two-year-old child in their car. Blake Mohs, 26, was fatally wounded during a struggle which took place after he spotted the pair trying to leave in Pleasanton, east … Read more

WA bans sale of AR-15s and other semi-automatic rifles, effective immediately

by

Washington became the 10th state to prohibit sales of AR-15s and dozens of other semi-automatic rifles Tuesday, as Gov. Jay Inslee signed the ban into law, effective immediately. The state Capitol was closed to the public Tuesday morning for the signing ceremony out of security concerns, though only a handful of protesters gathered outside. “These … Read more

THIS IS YOUR WARNING: Sen. Rand Paul Warns RESTRICT Act Would Allow Feds to Nullify First Amendment.

by

via theepochtimes: Sen. Rand Paul (R-Ky.) has been a major critic of the RESTRICT Act, which has been sold to Congress and the public as a ban on TikTok. He warned that it would authorize the federal government to censor any online communications it deems subversive and would nullify the First Amendment. The popular social media … Read more

20 Big Box Retailers Closing Down Stores Right Now

by

Your favorite store may be gone before the year ends. Big-box retailers, grocery stores, apparel chains, home goods companies, and even some very big names like Burger King, GameStop, and Sephora are announcing mass store closings in 2023 due to a series of economic threats emerging everywhere all at once. Similarly, Kroger is not done … Read more

US Credit Default Swap Price 1Y Remains Elevated As Clueless Joe Defies Republican Budget Cuts, US Treasury 2Y-3M Yield Curve Inverts To Lowest In History

by

by confoundedinterest17 Ok, it is well-known that Biden was the stupidest man in the US Senate. And with Washington’s Patty Murray in the Senate, that is quite an accomplishment. But Biden is President and is still stupid and spiraling down the dementia rabbit hole. He is blaming Republicans for their budget proposal to end the … Read more

How to Tell If Your Bank is in Trouble

by

By Graham Summers, MBA Dear Investor, You no doubt have some concerns about the bank at which you keep your deposits. I mean, why wouldn’t you? Three of the largest bank failures in U.S. history have already taken place this year. And by the look of things, there are even more to come. So today … Read more

China CCP orbiting FOB weapons system ready to destroy the West

by

https://www.tiktok.com/@buddydawg21/video/7229037790757981482?_r=1&_t=8c4JbjLPlJm&social_sharing=v2 ^^ current info on FOBS like TORCH, the tech originated in the US. 1) Since the public are on the topic of China, let’s share a video from The Ministry of National Defense from the PRC, on 3/25/22. Americans are largely unaware that China has also been demanding for investigations into the US biological … Read more

Biden Administration Attacks Catholic Hospital for Lighting a Candle

by

by Chris Black No candles. This is a no candle zone. We don’t do candles. A Catholic hospital system in Oklahoma is contesting federal officials’ demand that it must extinguish an enclosed tabernacle candle in its chapel or lose accreditation and its ability to serve needy patients. https://t.co/2ZdjQkUNNu — Catholic News Agency (@cnalive) May 4, … Read more

Vice is Being Bought Out by George Soros

by

by Chris Black Leftists always support their propaganda machines and their people, unlike brainwashed lolbertarians/ conservatives who keep losing since the sixties with “muh individualism” and “muh free markets”. https://twitter.com/Z3RO_Y34R/status/1653595133533728771 Soros Fund to buy bankrupt VICE for $400 Million.https://t.co/X2tUU7W3oD — Citizen Free Press (@CitizenFreePres) May 5, 2023 The show must go on.

Megacaps pose a much greater risk to overall markets than what is currently acknowledged.

by

All FAANG stocks have already reported earnings, and median revenue growth confirms the gradual long-term declining trend, which is now approaching negative levels. To be clear, this data is calculated in NOMINAL terms! In other words, the recent upsurge in consumer prices due… pic.twitter.com/XJOBMOLewm — Otavio (Tavi) Costa (@TaviCosta) May 5, 2023

Jobs Friday! US Avg Hourly Earnings In April Increase To 4.4% YoY, Too Bad Core Inflation Is At 5.6% YoY (Jobs Revision Loses -149K Jobs)

by

by confoundedinterest17 The good news? The US economy added 253k jobs in April. The bad news? Last months jobs report of 236k jobs added was revised downwards to 165k jobs added. US average hourly earnings year-over-year (YoY) rose in April to 4.4%. Too bad core inflation at the last reading also rose to 5.6% YoY. Yes, Biden … Read more