AWS Goes Down Again

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by Chris Black Most of the world relies now on Amazon Web Services, including various alphabet agencies like the CIA. A few months ago there was a huge problem with the security certificates for a lot of websites not getting updated. So you couldn’t access the DNS, effectively blocking the websites. I miss the time … Read more

“If We Were Using The Same CPI We Used in 1982, [Inflation] Would Be Closer to 15%… The Worst Year … In US History”

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Tucker leads the conversation by noting that CPI rose by nearly 7% year over year in November, the highest inflation in decades. While that’s bad enough, Schiff responded by noting that CPI probably isn’t even the right measure of inflation, with the true inflation number being far, far higher. In his words: When they compare … Read more

Small Businesses’ Big Message For The Markets

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by jessefelder Earlier this week, the NFIB released the results of its November survey of small businesses. This report has important implications for investors for two reasons. First, small businesses are a very good leading indicator of inflation trends in the broadest sense. The chart below (hat tip to the brilliant Julian Brigden) plots median CPI alongside small … Read more

German Justice Minister Says Telegram is Criminal Because People Use It to Speak Out Against Tyranny

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by Chris Black The more things change, the more they stay the same. https://twitter.com/disclosetv/status/1470715773681344512 The irony is lost on Marco. He’s a member of the “Freedom Party”, while claiming that people exchanging ideas freely over the internet threatens democracy or whatever. According to Marco, a democracy cannot survive without censorship, and Telegram is maybe the … Read more

Textbook policy mistake in the making, says Mr. Market.

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Textbook policy mistake in the making, says Mr. Market. Curve flattening sharply.Front-end pricing an aggressive reaction function, but anticipating the cycle is going to end very quickly and never get even closer to the 2.5% long-term dot the Fed hopes for. They never learn. — Alf (@MacroAlf) December 15, 2021  

Pork Recall 2021: Alexander & Hornung Recalls 2.3 MILLION Pounds Ham, Pepperoni for ‘Possible’ Listeria

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The Attack on America’s food supply continues. ‘Ahead of Christmas, meat producer Alexander & Hornung has expanded its recall from 234,391 pounds to 2,320,774 pounds of pork products. The recall notice posted on the Department of Agriculture’s Food Safety and Inspection Service website also has been updated with an expanded list of fully cooked ham … Read more

Market Chaos is Coming

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Market chaos is coming as the Federal Open Market Committee (FOMC) announced today it will accelerate its balance sheet taper. Investors are unaware of the market chaos that is coming, as they believe the Fed’s economic projections of higher growth. In today’s show, you’ll see how prior balance sheet tapers led to market chaos.

This Is Happening. You Owe The US Government $287,000 Dollars. The Us Misery Index At Record Highs

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https://www.youtube.com/watch?v=69u3nXUCT1w The united states government is increasing the legal limit of federal debt which was halted at approximately $28.9 trillion, where it stood at the beginning of this week. With that limit lifted we will see a steady increase in government debt that transfers to citizen indebtedness as it is expected that the government must … Read more

Super Typhoon Rai at Cat 5. About to Landfall Philippines

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Well that escalated quickly. Surrounded by near -90C cloud tops, #Rai is clearing out a pinhole eye & the latest JTWC forecast now takes the system to Cat 5 intensity. Unfortunately happening at the worst time possible with impact in the #Philippines in ~12 h. pic.twitter.com/K6pPrFstJB — Philippe Papin (@pppapin) December 15, 2021 Super Typhoon #Rai … Read more