Biggest energy inflows since the lehman crash… Chinese Tech stocks were first to give back their pandemic gains. Biotechs are next?

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biggest energy inflows since the lehman crash pic.twitter.com/bkdkBoN9yj — zerohedge (@zerohedge) January 12, 2022 For those who love low prices, you're going to LOVE this. Chinese Tech stocks were first to give back their pandemic gains. Biotechs (below) are next. Followed by Ark ETFs and Bitcoins Fintech/Cloud/Internets/IPOs EV/Clean Energy Mega Cap Tech S&P 500 pic.twitter.com/w7eiNvQkMW … Read more

White House Says They’re Best Job Creator Ever, Quickly Get Savaged Online

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https://www.youtube.com/watch?v=kQkJB8DO5tY Johnny Salvatore from Trending Politics reports, Due to their blatant anti-worker policies, Democrats are very, very bad at creating jobs. After all, the party’s entire modus operandi is to make people dependent on the government. Read More/Source/Credit/FairUse: https://trendingpolitics.com/spin-city-white-house-says-joe-biden-is-the-best-job-creator-ever/

Federal Reserve’s Brainard: US inflation “too high,” lowering it a priority… Daly: It’s time to start withdrawing some accommodative measures.

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#BREAKING US inflation "too high," lowering it a priority, says Federal Reserve's Brainard pic.twitter.com/vYx3tBQifR — AFP News Agency (@AFP) January 12, 2022 The last time inflation was 7%, the fed funds rate was 11.50%. pic.twitter.com/Vgn33mmDcW — zerohedge (@zerohedge) January 12, 2022 https://twitter.com/Fxhedgers/status/1481406485745729537 7% inflation. 0% rates. Amazing. — Wait Capital (@WaitCapital) January 12, 2022 Oddly … Read more

Governments spent astronomical sums in the past 2 years, all with the ultimate goal of “flattening the curve.”

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Governments spent astronomical sums in the past 2 years, all with the ultimate goal of “flattening the curve.” But none of it went to increasing hospital capacity, and they’re still trying to flatten the curve with destructive and ineffective measures. Governments spent astronomical sums in the past 2 years, all with the ultimate goal of … Read more

Former Twitter CEO Jack: “damn Santa didn’t take the transitory inflation away”; “CPI for December over 7%, 40-year high”

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damn Santa didn't take the transitory inflation away https://t.co/P1CFEIQyNV — jack (@jack) January 12, 2022 Rent and owner's equivalent rent continue to be key drivers of headline and core CPI, and they're operating with a lag vs actual rent and housing price increases.https://t.co/HsYOaA4Rsn pic.twitter.com/TOo6yp2Snx — Lyn Alden (@LynAldenContact) January 12, 2022 Hyperinflation is going to … Read more

ARMY OFFERING $50K SIGN ON BONUS!

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#BREAKING – The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who join for six years. https://t.co/KUYGkKcZg7 — KWTX News 10 (@kwtx) January 12, 2022

Now space heaters are racist…

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It just doesn’t stop…. As an alternative, she said, tenants are piling on layers of clothing and using hot showers so steam fills their apartments, or they do “the old-school thing and open the oven.” Portable electric heaters are also extremely common. The deadly fire that claimed the lives of 17 people in a high-rise … Read more

Warning: Taxes May Double in CA If This Bill Passes

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The bill to create single payer healthcare by doubling taxes just passed the Assembly Health Committee on an 11-3 vote. I wish I were making this up. — Kevin Kiley (@KevinKileyCA) January 12, 2022 Single-Payer Healthcare Makes a California Comeback Sacramento Democrats are back, this time with huge tax increases. https://www.wsj.com/articles/single-payer-medicine-makes-a-california-comeback-gavin-newsom-xavier-becerra-healthcare-11641853914 California Democrats’ single-payer healthcare … Read more

Prince Andrew to face civil court case – judge dismisses Prince’s legal representation…

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The Duke of York is being sued by Virginia Giuffre, formerly known as Virginia Roberts, who claims he “committed sexual assault and battery” upon her when she was a teenager. Andrew vehemently denies the allegations. A judge has rejected Prince Andrew’s attempt to have the sexual assault lawsuit against him thrown out. US judge Lewis … Read more

Another Board Member Flees the Fed

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by Martin Armstrong As I reported in November, Federal Reserve members are fleeing the central bank. Federal Reserve Vice Chairman Richard Clarida announced that he is resigning this Friday before his term ends in the midst of scandal. Similar to other Fed members who resigned in 2021, Clarida has come under harsh scrutiny for what many … Read more

Mortgage Purchase Applications Rise 51.2% From Previous Week Despite Rising Mortgage Rates (Refi Apps Up 42.77%)

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by confoundedinterest17 US mortgage purchase applications rose 51.2% from previous week, despite mortgage rates rising. Of course, the first weeks of most years see large increases in mortgage purchase applications. Mortgage refinancing applications were up 42.77% from the previous week. Here is the MBA data. So, the US housing market is off to a fast (and … Read more