*Commodities beginning to unwind as growth erodes IMO this is why I’ve been short commodities – w/o China’s credit-driven property development sector, global growth + demand will fade Not to mention global liquidity’s plunged YTD But still – supply issues remain (must monitor) pic.twitter.com/mvh3MozxJg — Adem Tumerkan (@RadicalAdem) November 8, 2021 #recession … #China $USD … Read more
by confoundedinterest17 Now that President Biden is interviewing Lael Brainard for Federal Reserve Chair, I am really getting a peaceless, uneasy feeling that The Fed will NEVER raise rates and inflation will be perpetual. To whit, … Prices paid to U.S. producers accelerated in October, largely due to higher goods costs, fueling concerns about the persistence of inflationary … Read more
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Joe Biden came under fire a few weeks ago for using a fake White House set to conduct business. Now, the president of the United States seems to be worried about copyright-infringing his own presidential seal. Biden’s team uploaded a video to his Twitter account about infrastructure week, but many social media users noticed that … Read more
President Joe Biden’s popularity continues to decline, with more Americans opposed to the Democratic commander-in-chief seeking another term in 2024 than his predecessor Donald Trump running again. USA Today and Suffolk University released new polling data on Sunday, showing Biden’s approval rating sinking to a new low. It also revealed that Republicans are currently favored … Read more
A man who accused CNN’s Dom Lemon of assaulting him in a Hamptons bar three years ago claimed that the alleged behavior could be part of a “pattern.” Accuser Dustin Hice made the comments on Monday’s “The Megyn Kelly Show” even as Lemon’s attorneys have fought back against Hice’s lawsuit in court filings, accusing the … Read more
https://youtu.be/DRPsXhErQA8
Fed May Need to Move Faster If Inflation Persists, Bullard Says … the inflation which the Fed spent the two-thirds of 2021 saying was transitory? — zerohedge (@zerohedge) November 9, 2021 Thanksgiving Dinner Staples Hard to Find… Trucker Shortage Still Biggest Kink in Supply Chain… Producer prices rise 8.6%, matching record high… WASHINGTON (AP) — … Read more
pic.twitter.com/Mn9iPzDmEW — Rollo Tomasi (@Stitragus) November 9, 2021 h/t BFD
As Twitchy reported earlier, the prosecutors in the Kyle Rittenhouse homicide trial literally facepalmed as Gaige Grosskreutz, the “lone survivor,” took the stand and said that it wasn’t until he pointed his gun at Rittenhouse that Rittenhouse fired, injuring him. Here it is again in case you missed it: Rittenhouse trial should be over immediately. … Read more
via dailycaller: “We’re going to see just like in Virginia Terry McAuliffe wanted to say there’s nothing about Critical Race Theory. We know it’s true. Parents know their kids are being indoctrinated with Critical Race Theory in Virginia and Democrats wanted to deny it. And so parents showed up because they don’t like being lied to.” … Read more
Obama is one of the worst people they could have picked to give this speech. Unbelievable.
by Shaun Richards It was only yesterday we took a look at a central bank raising interest-rates and operating in a conventional manner. Today we can note what is pretty much a binary opposite which is the European Central Bank or ECB. Regular readers will be aware that as well as its negative interest-rates ( … Read more
I wonder if wall street knew & knew that as soon as Gavin comes out droopy faced. MNRA was toast. Big Money got out as fast as they could. Good point.I wonder if wall street knew & knew that as soon as Gavin comes out droopy faced. MNRA was toast.Big Money got out as fast … Read more
by Jayne Rising As if we don’t have enough problems with shortages, it seems there’s a global shortage of commercial fertilizers as well. These inputs are required to produce the amount of food needed to feed everyone. A lack of fertilizer will cut significantly into food production. That, of course, will lead to even higher prices at the … Read more
by DontMicrowaveCats That equates to more over-leveraged butter bets than all money gambled in every casino in Vegas and the rest of Nevada for the last 3 years. What could go wrong?
By Lance Roberts As investors rush to pile into the stock market, there are 5-signs they may be getting too bullish. Such was a point we touched on in this past weekend’s newsletter: “Every week it feels like we get a new headline about financial markets doing something unusual. Just this week we’ve had:“ A “squid … Read more
Article is here The chip giant said its EPYC chips were selected by Meta (formerly known as Facebook) to help power its data centers at its virtual Accelerated Data Center Premiere event Monday. AMD explained the two companies worked together to develop a high-performance, power-efficient processor based on the company’s 3rd Generation EPYC processor. The high-profile … Read more
