by Kimble Charting Consumer behavior can tell you a lot about the stock market. Sounds a bit funny, but it’s very true. And especially so when comparing buying of discretionary items versus buying of everyday staples items. In today’s chart, we look at the long-term performance ratio of the Consumer Discretionary ETF (XLY) to the Consumer Staples ETF (XLP). … Read more
https://twitter.com/libsoftiktok/status/1471202239272288258 h/t TrufSerumX
https://downdetector.com/status/aws-amazon-web-services/ https://twitter.com/campuscodi/status/1471149036208017426 h/t Bloody Peasant!
Before departing for Kentucky Wednesday morning, President Joe Biden briefly stopped to take questions from reporters on the South Lawn of the White House. When asked about his responsibility for Wuhan coronavirus deaths during his tenure, in addition to why he hasn’t pressed China about the origins of the disease, Biden laughed and walked away. … Read more
James Turk interviewed on USA Watchdog by Greg Hunter Inflation is not the only problem because as the money loses buying power, the general public loses liberty. Turk explains, “system has come to its end, and we have to recognize that nature gives us everything humankind needs to advance and that includes natural money, which, of course, is gold.” … Read more
#recession … #Global $USD #Liquidity #Squeeze edition Businesses pushing on a string when trying to pass on higher prices to US consumers. https://t.co/NKGb7cn4Ql — Invariant Perspective (@InvariantPersp1) December 15, 2021 https://twitter.com/Breaking911/status/1471173160582144010 Do producer prices lead consumer prices? The supply chain hypothesis says a rise in producer prices should *cause* rise in consumer prices. The hypothesis … Read more
Widespread port shutdowns and factory closures in China are threatening to push already-stressed global supply chains over the edge. Chaos is fast spreading at Chinese ports as new lockdown mandates have started to be put in place after another wave of virus cases has been confirmed. The measures are aggravating port congestion all across the … Read more
https://trendingpolitics.com/elon-mus… Trending Politics reports, Elon Musk channeled Milton Friedman on Wednesday, taking to Twitter to declare that “Nothing is more permanent than a “temporary” government program,” which is a well-known saying of Friedman’s that President Reagan often used. Read More/Source/Credit/FairUse: https://trendingpolitics.com/elon-mus…
https://www.youtube.com/watch?v=K-gVjylFgRQ Mike LaChance from American Lookout reports, Democrats and the media continue insisting that the economy is doing great, but the American people know it’s just not true. During a recent monologue on his show, Tucker Carlson explained why things are even worse than most people realize. It’s a little scary. Read More/Source/Credit/FairUse: https://americanlookout.com/tucker-ca…
by The Phoenix By Graham Summers, MBA And there it is: REAL inflation of 9%! I’ve noted many times in the past that the official inflation measure, the Consumer Price Index, or CPI, is gimmicked to the point of fiction. The reason for this is simple: this is the number everyone looks at. And if it reflected … Read more
by Chris Vermeulen of The Technical Traders I find it interesting that so much speculation related to the US Federal Reserve drives investor concern and trends. In my opinion, the US Federal Reserve has been much more accommodating for the global economy after the 2008-09 US Housing Market crash. The new US Bank Stress Tests and Capital Requirements … Read more
by Shaun Richards This morning some chickens have come home to roost in the UK. Something that I have warning about since the Bank of England started to pump up the money supply is now really hitting both workers and consumers. I warned about the consequences back on the 29th of May last year. As … Read more
California is losing more than twice as many people to domestic migration as it was before the pandemic, a new report from University of California researchers shows. The research released Wednesday shows the change is largely being driven by a drop in the number of people moving to California from other parts of the U.S. … Read more
by vitoregalious Why YSK: There are so many videos, images and facts on internet platforms. A lot of the time these videos are staged, or facts are attributed to an image that has no relation to the images original purpose. A glance at the comments on a post will show you just how many people lap … Read more
Linda Woodley, an ex-convict that has racked up millions of dollars in liens for unpaid federal and states taxes, was recently awarded an $11.5 million energy contract by the City of Portland, Oregon. According to the The Oregonian, Woodley served time in prison for defrauding energy companies and pocketing the proceeds. https://thepostmillennial.com/portland-gives-12-million-contract-to-social-justice-energy-company?utm_campaign=64487
https://twitter.com/Breaking911/status/1470940855649329152
Kremlin reveals new independent Russian-Chinese financial systems Russia and China will develop shared financial structures to enable them to deepen economic ties in a way that foreign states will be unable to influence, the Kremlin has announced following talks between the countries’ leaders. The move appears to be a response to a series of warnings … Read more
h/t nemecek_filip
