Inflation Trader Sees Risk of 7% CPI

U.S. economic growth looks set to fuel inflation that’s even faster than most analysts anticipate in the first part of 2022, according to a trader who correctly picked this year’s jump in bond-market expectations for consumer-price gains. Semin Soher Power, who heads Bank of Ireland Group Plc’s inflation-trading desk in Dublin, is forecasting that the … Read more

Retail “more than 25%” of total options trading activity (2021)

by PapaCharlie9 EDIT: CNBC article, linked in this thread goes into more detail about Robinhood active trader profiles, like single-leg traders outnumber multi-leg traders more than 10 to 1. Hopefully this puts things in perspective. Retail is not the tail that wags the option market dog. It’s a big chunk of the market to be sure, but dominating … Read more

L.A. HORROR SHOW: Woman armed with pickaxe shoplifts in broad daylight…

Police said no was injured during the incident and that they are still searching for the pickaxe-wielding suspect. Detectives said It is currently unknown how much she stole from the shop, Fox 11 reported. The incident comes as LA continues to suffer from a series of brazen robberies plaguing California since November. https://www.dailymail.co.uk/news/article-10341919/Woman-armed-PICKAXE-seen-casually-shoplifting-Rite-Aid-crime-ridden-Los-Angeles.html

Pressed by Patient on “informed consent” Pharmacist shakes/stutters when Moderna datasheet given to pharmacists is completely blank

Pharmacist brings out datasheet pharmacists get: “The package insert given to patients isn’t the full information. It’s truncated. That’s the full thing. Patient: “Why is it intentionally blank in the folds?” Pharmacist: “They’re inside” (begins to unfold it) Realizes its *Intentionally left blank* and nervously walks away Patient: “How is it informed consent when all … Read more

Insiders selling stock in perfect unison like they know what is coming

The insiders are selling stock, SEE THIS ALARMING LIST: https://finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=6&o=-transactionValue Now why would they all be selling in perfect unison? Because they know because they were told. Someone up the food chain told them they are going to allow the market to crash, so they tell the CEO’s of the top companies so that they … Read more

U.S. Inflation-Adjusted Spending Stagnates To 0% Growth As Prices Surge (Core PCE Deflator Rises To 4.7% YoY, Highest Since 1989 Implying A Taylor Rule Rate Of 11.84%)

by confoundedinterest17 The core Personal Consumption Expenditures (PCE) deflator numbers for November were released this morning and the print was a whopping 4.7% YoY, the highest rate since 1989. Meanwhile, U.S. consumer spending, adjusted for inflation (aka, REAL personal spending), stagnated in November as the fastest price gains in nearly four decades eroded purchasing power. Stagnated … Read more

Yea, they’re really serious about fighting inflation….. $126B in 2 weeks when inflation is at 30 year highs.

https://twitter.com/NorthmanTrader/status/1474133895071383552 https://twitter.com/RetirementRight/status/1474025413248630786 "Higher prices destroy demand. If you look at actual consumption expenditures in real terms they are actually falling, especially for those that are lower income earners." Michael Green (@profplum99)https://t.co/8SF2PgmxMv — Danielle DiMartino Booth (@DiMartinoBooth) December 24, 2021 1. Stocks: all-time highs2. Home prices: all-time highs3. Wages: all-time highs4. Job openings minus unemployed persons: … Read more

TikTok now gets more hits than Google

Move over Google, TikTok is the world’s new most popular online destination. The viral video app gets more hits than the American search engine, according to Cloudflare, an IT security company. The rankings show that TikTok knocked Google off the top spot in February, March and June this year, and has held the number one … Read more

Japan Cabinet OKs record defense budget amid Taiwan concerns

TOKYO – Japan’s Cabinet approved a record 5.4 trillion yen ($47 billion) defense budget for fiscal 2022 on Friday that includes funding for research and development of a new fighter jet and other “game-changing” weapons as Japan bolsters its defense capabilities in response to China’s growing military might and its tensions with Taiwan. The 1.1% … Read more

FAA Issues Expanded Safety Warning About 5G Rollout Over “Numerous” Safety Concerns

Here’s a headline that’s sure to get the conspiracy theorists going: the FAA has just issued an expanded safety warning about the possibility that Verzion and AT&T’s imminent decision to turn on more 5G wireless spectrum could interfere with airplane communications as the battle to slow the rollout intensifies. It comes as the transition to 5G spectrum … Read more

JOB GROWTH? Williams-Sonoma Mass Fires Hundreds on a Conference Call 3 Days Before Christmas

CEO Laura J. Alber https://vidmax.com/video/209671-williams-sonoma-mass-fires-hundreds-on-a-conference-call-3-days-before-christmas https://nypost.com/2021/12/22/williams-sonoma-fires-scores-of-remote-workers-just-days-before-christmas/ https://www.thestreet.com/investing/williams-sonoma-reportedly-fires-scores-of-remote-workers-days-before-christmas Williams-Sonoma has now joined the growing list of companies that are mass firing people just a few days or weeks before Christmas. Listen as workers who were completely caught offguard scream in anger and frustration that the company they worked for has fired them just a few days … Read more