Fiscal and monetary tightening globally in 2022

https://twitter.com/edwardnh/status/1478355470800859137 With the Democrats struggling to pass another stimulus bill, and the Fed beginning to “taper” their bond purchases, liquidity will reverse next year. The annual rate of change in the S&P 500 compared to our “measure of liquidity”, suggests some risk ahead.https://t.co/9fe72OuaL8 pic.twitter.com/8vn0tmaXjl — Lance Roberts (@LanceRoberts) January 4, 2022 Fed officials have begun … Read more

FinTech Startup Revuto Makes History With The First Native Cardano Token Listing on KuCoin and Gate.io

Image source: Revuto Subscription management sounds so simple, and yet why has noone come up with something like this sooner? We are talking about the ability to manage all (we mean ALL) your subscriptions in one place. Revuto have successfully managed to club all of your subscriptions together, from Shopify, Netflix, your newspapers and digital … Read more

NO more woodburning, laws coming.

The days of having your home heated with a wood furnace may be going away in New York State. There’s a pending law in New York that will begin to outlaw heating devices that create carbon emissions. This bill known as the New York State Climate Leadership and Community Protection Act was signed in 2019 and will start … Read more

What Will Surprise Us in 2022

by Charles Hugh-Smith What seemed so permanent for 13 long years will be revealed as shifting sand and what seemed so real for 13 long years will be revealed as illusion. Magical thinking isn’t optimism, it is folly. Predictions are hard, especially about the future, but let’s look at what we already know about 2022. Viewed … Read more

Apple hits 3 trillion market cap, becoming the first company to hit the mark

https://finance.yahoo.com/news/apple-hits-3-trillion-market-cap-184825195.html “Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below the number during the day. Apple’s rise to a $3 trillion market cap, which is … Read more

Devin Nunes Resigns from Congress

GOP Rep. Devin Nunes (R-CA) officially resigns from Congress to become CEO of former President Trump’s media company. pic.twitter.com/h45SjLxIu0 — The Recount (@therecount) January 3, 2022 https://thehill.com/homenews/house/588000-nunes-formally-resigns-from-congress

Pending Home Sales Are Crashing

Pending home sales are crashing which could lead to a crash in home prices. With the end of fiscal stimulus, the Fed reining in their easing program, high prices, first-time home buyers disappearing pending home sales are crashing. With affordability at the lowest level since 2008, it should be no surprise pending home sales are … Read more

Evergrande Forced to Demolish Projects

https://www.youtube.com/watch?v=AA3nrpX4kEw Evergrande’s stock trading has been halted on the Hong Kong exchange as the Chinese government has allegedly directed the real estate giant to demolish a project. (-) And the airline sector is in flux to begin the new year as Omicron and delays have battered the recovering industry. (-) Then we take a look … Read more

Staffing shortages plaguing United States from schools to airlines

https://www.youtube.com/watch?v=b6XL3ZkKUBs The lack of workers is being felt across the board from hospitals to schools, where teachers and staff are struggling to keep up. Plus, thousands of flights have been canceled across the United States as staffing shortages creates the perfect storm for travelers. (01:26) Meanwhile, the 2009 settlement between Jeffrey Epstein and one of … Read more

China isn’t the only nation nixing crypto. 50 other countries have placed bans on digital currencies to date.

A Library of Congress report found 51 countries have total or near-total bans on crypto. That’s more than twice as many as three years ago when the last report was published. China roiled markets earlier this year with a sweeping ban on activity in the crypto sector. China isn’t the only country to ban cryptocurrencies. … Read more