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

by

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

by

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

by

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.

by

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  

Market Chaos is Coming

by

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

by

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

by

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

Time to Start Tracking Hedge Fund Failures

by

by attack_the_block I think its time to start keeping a list of the HFs who are starting to close shop due to “bearish bets” and shorting. With two announced today, I sense this number will be growing soon and with increasing speed as we approach the inevitable. Announced: *Tybourne Capital Management is shutting its $2.8 … Read more

Russia to Deploy Nukes in Europe

by

by Chris Black Welcome to Cold War 2.0. Who benefits? How do we expct to trust politicans and nukes when we can't trust them over expenses and christmas partiesRussia warns of nuclear response to NATO missile plans — RT Russia & Former Soviet Union https://t.co/iuoY6I8MWh — Chris Milbank (@ChrisMilbank) December 14, 2021 Europe should start … Read more