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by Shaun Richards Yesterday brought some relatively downbeat news for the German economy. It’s main industry body gave its view on developments. For Germany, the BDI expects GDP growth in the order of 3.5 percent this year – after 2.5 percent last year. German exports would increase this year by four percent compared to the previous … Read more
h/t MycologistAfter1666
YouTube/PeterSchiff, Released on 1/12/22 Official CPI is at its worst in 39 years. Real CPI is at its worst in history. Investors beginning to realize that the Fed is too little too late. Elizabeth Warren wants the Fed to blame inflation on price gouging. Democrats are laying the foundation for price controls. Paul Tudor Jones … Read more
by Martin Armstrong No one earning under $400,000 will experience a rise in taxes, the Biden Administration repeatedly promised. Unfortunately, albeit unsurprisingly, this is not true as the IRS is now hunting for new taxes for nearly every transaction that takes place. Payment apps such as Venmo, Zelle, Cash App, and PayPal were easy ways … Read more
The quarantining of several North Texas teaching staff due to the rapid spread of the omicron variant has put the school management in dire straits. This has caused several classes to be canceled and a shortage of substitute teachers. There is now a gap in the education of students who are finding it hard to … Read more
https://twitter.com/libsoftiktok/status/1480997187882418177
High Inflation Means Lower Equity Valuations – Shiller's CAPE at 40 today, likely to drop to 25 at 5% inflation. 37% equity decline possible. h/t @michaellebowitz @jam_croissant @spotgamma @AnnTrades @HarrisSamaras #trading #TRADINGTIPS #ES_F #SPX500 #OptionsTrading #Options pic.twitter.com/nqSyDzAf77 — Patrick Hill (@PatrickHill1677) January 13, 2022 https://twitter.com/leadlagreport/status/1481674419151978500
According to a report by CNN, in the fiscal year 2021, US Customs and Border Protection recorded a 1,066 percent rise in the amount of fentanyl seized in south Texas. CBP agents confiscated 87,652 pounds of narcotics from Brownsville to Del Rio, including 588 pounds of fentanyl, a painkiller, according to the report. The drugs’ … Read more
https://twitter.com/leadlagreport/status/1481675041741975561 Another Inflation Metric Just Set a Record High https://t.co/qYkzrdmaOd — Townhall.com (@townhallcom) January 13, 2022 https://twitter.com/PondSagg/status/1481674522680037382
CNN’s ratings took a nosedive by a massive 90 percent both overall and in the all-important demographic coveted by advertisers in the first week of the new year. The Jeff Zucker-led cable news network averaged just 548,000 viewers during the week of Jan. 3 — a major drop from the nearly 2.7 million viewers for … Read more
Official Source & Timestamped = https://youtu.be/lhMbKyDq9\_w?t=97 h/t ProjecTrunkx
3 months after the 2nd dose? See how your tourism goes in a few months 😂 pic.twitter.com/1MPHrQFcWH — IV (@iv_technicals) January 13, 2022
It'll go up higher. Don't worry. https://t.co/hzaMUB1rQY — Trinh (@Trinhnomics) January 13, 2022 The System is broken now🔥#Collapse https://t.co/qhrJvUKowj — Antonio Pérez-Algás (@apanalis) January 12, 2022 Manhattan rents were the highest ever for December https://t.co/DG0iFyz6zC — Igor Shatz (@Copernicus2013) January 13, 2022
https://www.youtube.com/watch?v=vWTedMnkTpA
High Inflation is a wrecking ball to the economy. 1 in 7 German Business face ruin due to high inflation and government shutdowns. pic.twitter.com/oBTgiMO9Ux — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) January 13, 2022 Core goods #inflation (blue) still outpacing core services inflation (orange) at a marked pace pic.twitter.com/IoEoougfHZ — Liz Ann Sonders (@LizAnnSonders) … Read more
Good news for now continues to be less fatalities caused by #omicron variant, even as case growth is going parabolic @FT @OurWorldInData pic.twitter.com/pe116d4fdw — Liz Ann Sonders (@LizAnnSonders) January 13, 2022
Five states have passed new laws that will allow those collecting military retirement checks to receive the additional benefit of collecting that money tax-free. The additions bring the total number of states that don’t subject military retirement income to their state income tax to 26, while nine others offer a partial exemption. Six states and … Read more
U.S.🇺🇸 DOLLAR 💵 pic.twitter.com/yNiCOpMcHi — Win Smart, CFA (@WinfieldSmart) January 13, 2022 US December headline PPI inflation came in at 9.7%, a new record and just below the median forecast. The core measure was 8.3%, compared to the prior 7.7% and an 8.0% median forecastWeekly jobless claims rose to 230,000, up from 207,000 and above … Read more
Sea change at hand? Share of global central banks with policy rates < 1% has rolled over and is falling @BIS_org @TS_Lombard pic.twitter.com/JovdLCPik0 — Liz Ann Sonders (@LizAnnSonders) January 13, 2022 Negative real rates support positive returns for stocks. pic.twitter.com/9hyYHOaSOf — Daniel Lacalle (@dlacalle_IA) January 13, 2022 https://twitter.com/Damian59818983/status/1481607516337356802 "Investors still struggle with one crucial question: … Read more
by confoundedinterest17 Yesterday’s inflation report was the worst in 40 years. But at least today’s Producer Price Index Final Demand is down slightly from November. But PPI Final Demand YoY is still roaring at 9.7%. The producer price index for final demand increased 0.2% from the prior month and 9.7% from a year earlier, Labor … Read more