Farmers Panic, Can’t Get Supplies to Grow Food

https://www.youtube.com/watch?v=mqOSagleOA4 Around the world, farmers are panicking as they are unable to get the supplies they need to produce food, from fertilizers to herbicides to tractor parts. India has setup a “War Room” for fertilizers after China stopped exports of DAP, prompting farmers to riot to obtain the product they need. Many nations are now … Read more

Fundamentally Speaking: 2022 Earnings Estimates Still Too Bullish

by Lance Roberts Fundamentally speaking, there are more than a few indications that 2022 earnings estimates are still overly exuberant. However, the bullish optimism currently supports rising stock prices. Such was a point I touched on in this past weekend’s newsletter: “Overall, 56% of the companies in the S&P 500 have reported actual results for Q3 2021 … Read more

Elon Musk Issues Warning To Texas…

The city of Austin, Texas, might be liberal, but it has yet to become the fecal-infested drug den that is San Francisco. Tesla CEO Elon Musk hopes it stays that way. On Sunday, Elon Musk responded to a Fox News report detailing the aftermath of Austin’s decision to defund its police department in response to the … Read more

CAUGHT ON VIDEO: Illegals Get Priority Over American Citizens Boarding Flights…

Ben Bergquam caught on video the airlines giving illegal aliens priority over Americans at McAllen Airport in Texas. Of course, it is your taxpayer dollars that are paying for this. Americans need to wait until the illegals are situated on the plane. Bergquam writes: “Illegal aliens that just broke into our country given priority boarding at … Read more

Melt-ups often precede melt-downs.

MELT-UP: a sustained improvement in the investment performance of an asset, driven partly by a stampede of investors who don’t want to miss out on its rise, rather than by fundamental improvements in the economy. https://www.investopedia.com/terms/m/melt-up.asp …………… Gains that a melt-up creates are considered to be unreliable indications of the direction the market is ultimately headed. … Read more

Fed RRP refresher

by OldmanRepo It’s been awhile since I’ve written another post. I’ve decided to try and encompass all that I’ve learned from responding to many repo/money markets/ Fed RRP posts over the last few months. Since the focus always seems to be the Fed’s RRP operation, I’ll focus there. But before I do, I’d like to clarify … Read more

Treasury Boosts Quarterly Borrowing Estimate to $1 Trillion…

(Bloomberg) — The U.S. Treasury increased its estimate of federal borrowing needs for the three months through December after it ran down its stockpile of cash more than it previously anticipated. The Treasury’s projections, released in Washington Monday, come as longer-term borrowing needs depend on the fate of two fiscal packages being finalized in Congress. … Read more

NIKE files trademarks to sell digital sneakers in the Metaverse… Your avatar gotta be woke, yo…

Nike is heading to the metaverse. On October 27th the company filed new trademark applications for NIKE, JUST DO IT and the swoosh logo. The filings indicate an intent to make and sell NIKE-branded VIRTUAL shoes and clothing.#Nike #Metaverse pic.twitter.com/nisKVm2CTq — Josh Gerben (@JoshGerben) November 1, 2021 https://citizenfreepress.com/breaking/nike-files-trademarks-to-sell-digital-sneakers-in-the-metaverse/

Each provinces in #China has offered a guidance to the locals on things they should stock up for this winter, mostly medicine/meditools, food, water, clothing etc.

Each provinces in #China has offered a guidance to the locals on things they should stock up for this winter, mostly medicine/meditools, food, water, clothing etc. Probably something to do with the supply crunch on essentials and inflationary pressure pic.twitter.com/5YVHkJNNEQ — Samson Li (@SamsonLi7) November 2, 2021

The rent is too damn high!

#recession … #GFC2 US #Shelter edition The #Rent is too damn high! 📈 https://t.co/qqNuPKegdh — Invariant Perspective (@InvariantPersp1) November 2, 2021 Does $PSA Success Display REITS Reversal? "The growth of market asking rents are rising so quickly, that they’re effectively outpacing what’s called Existing Customer Rate Increase (ECRI).” – @HedgeyeREITs full video with Rob Simone … Read more

2021 will be forever be known as the year that Ponzi schemes went mainstream.

Lmfao. Got to love these markets. pic.twitter.com/1G3ZyS5Rl1 — Shami (@ShamimU61554433) November 2, 2021 Always different this time until its not https://t.co/lca6MPoK6k — Shami (@ShamimU61554433) October 21, 2021 https://twitter.com/NancyTracker/status/1447202742213267466 "History doesn't repeat itself, but it often rhymes" – Mark Twain pic.twitter.com/rGnRItJX24 — Financelot (@FinanceLancelot) November 2, 2021 China’s top real estate development company with over $300 … Read more