Guh: Burry’s Scion Asset Management AUM drop to $41.7 Million.

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by OrcaBull This would the the second time our beloved Dr. Michael Burry goes Guh. Here is the link: sec.gov/Archives/edgar/data/0001649339/000156761921020215/xslForm13F_X01/primary_doc.xml ​ Here is the list of his current holdings. CVS: 200,000 shares. Valued at $16,972,000 Lockheed Martin: 30,000 shares. Valued at $10,353,000. He added to this. Maybe because he foresaw tension with Russia and China. GEO: … Read more

Evergrande owes a $255m interest payment on December 28.

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by OpposableThumbMagic They barely made their payment a week ago. Hui Ka-Yan asked to $AFRM the December payment. Levchin-Bezos said best he can do is split the next January $352m payment into two. Conveniently on January 22 and 24. Unless, shit comes early out of nowhere, we get one more Christmas of comfort and joy before we need to hustle … Read more

FYI Container costs just jumped from $2500 to $25000…

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  https://medium.com/@ryan79z28/im-a-twenty-year-truck-driver-i-will-tell-you-why-america-s-shipping-crisis-will-not-end-bbe0ebac6a91 What is going to compel the shippers and carriers to invest in the needed infrastructure? The owners of these companies can theoretically not change anything and their business will still be at full capacity because of the backlog of containers. The backlog of containers doesn’t hurt them. It hurts anyone paying shipping costs — that … Read more

John Kerry Makes the Most Incredulous Claim About Coal

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https://www.youtube.com/watch?v=ndCsBfGG3jw Shakhzod Yuldoshboev from The Daily Caller reports, Special Presidential Envoy for Climate John Kerry said Tuesday that the U.S. will completely phase out the use of coal as an energy source by 2030. Read More/Source/Credit/FairUse: https://dailycaller.com/2021/11/09/jo…

Pelosi Trashed U.S Military in the Grossest Way Ever

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https://www.youtube.com/watch?v=_1sPmTLw3Ow Hank Berrein from The Daily Wire reports, This week, Democrat House Speaker Nancy Pelosi agreed with a reporter who claimed that the United States military “is a larger polluter than 140 countries combined.” Read More/Source/Credit/FairUse: https://www.dailywire.com/news/pelosi…

The Market Is In The Biggest Speculative Price Bubble In Modern History | John Hussman

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Week after week on the Wealthion Channel, we discuss the lofty prices of today’s financial assets. By most metrics, they have never been more richly-valued. Bears fear this is another asset bubble that will destructively implode. But bulls just smile and count their money, as they continue to enjoy amazing returns in this market, in nearly … Read more

World Economy Slowing Down, Inflation Running Hot. Bonds Are Telling Us Something Is Wrong?

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  More evidence of #World #economy slowdown. October prelim shipping data @johnauthers pic.twitter.com/VlioEE7VPC — CrossBorder Capital/ GLIndexes (@crossbordercap) November 15, 2021 #recession … #Global $USD #Liquidity #Squeeze edition https://t.co/XHksbbMJ7B pic.twitter.com/0Ee4sIPN41 — Invariant Perspective (@InvariantPersp1) November 15, 2021 Paging Isaac Newton: Time To Buy The Top Of This Bubble https://t.co/yPD1jlQNNL — zerohedge (@zerohedge) November 15, 2021 … Read more

School Launches Investigation After Teacher Caught With Anti-Conservative Propaganda

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https://www.youtube.com/watch?v=wZN2fN5TOXc Stephan Sorace from FOX News reports, A California high school teacher appeared to criticize conservatives in a quiz question given to students last week, prompting outrage from parents and a school investigation, according to local reports. Read More/Source/Credit/FairUse: https://www.foxnews.com/us/california…

Infrastructure Bill Contains 2% Cut In Medicare Reimbursements And Delay In Implementation Of Competitive Drug Rebate Rule (Landrieu Will Coordinate Infrastructure Plan)

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by confoundedinterest17 How did healthcare insurance companies get a seat at the table for the massive infrastructure bill is beyond me. President Biden and Congressional Democrats are celebrating the signing of the $1.2 trillion Infrastructure Bill at the White House. Remember, of the $1.2 trillion estimated price tag, less than 10 percent –$110 billion – will fund … Read more

What’s Coming Will Be Worse Than 2008. Here’s Why…

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by The Phoenix The great inflationary tidal wave continues to worsen. If anything, all signs indicate an absolute bloodbath is coming to the markets. Five-year inflation breakeven’s just hit 3.11%. This is the highest reading running back to a least 2003. It’s higher than in 2011, when inflation triggered a food crisis around the globe. It’s also higher … Read more

Trump sells DC Hotel for $375 million…

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President Donald Trump’s company has agreed to sell its Trump International Hotel operation in Washington, D.C., according to multiple reports. The deal is said to be worth $375 million and will result in the Trump name being removed from the landmark property that stands close to the White House. The hotel’s lease is being bought … Read more