CULTURE OF CORRUPTION: TikTok’s Behind-the-Scenes Help in Washington: Former Obama, Disney Advisers: Zenia Mucha, Jim Messina and David Plouffe were brought on to advise the video app’s CEO on handling U.S. criticism over China ties.

via WSJ: TikTok has enlisted three heavyweights from American politics and business to advise it behind the scenes as the social-media app tries to convince U.S. authorities that it isn’t beholden to the Chinese government. David Plouffe and Jim Messina, …

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“We’re done with you!” – Zelensky stunned as they walk out. Politicians in Austria walked out of a speech by Ukrainian President Volodymyr Zelensky on Thursday, placing signs in their places that said “A place for peace” and “A place for neutrality.”

Politicians in Austria walked out of a speech by Ukrainian President Volodymyr Zelensky on Thursday, placing signs in their places that said “A place for peace” and “A place for neutrality.” Zelensky was addressing the Austrian parliament via videofeed. The …

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Legacy Media is Dead

CNN’s leadership is preaching patience even though thousands of viewers are abandoning the network during its attempted turnaround, with no indication yet whether it will pay off. The warning comes just weeks after Discovery boss David Zaslav called out mistakes …

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SEC Alert! Commissioner Caroline A. Crenshaw: “the dominance of a handful of large market-makers internalizing orders, and conflicts of interest between market intermediaries and their customers – are even more pronounced in the options markets.” Options markets account for 65% of PFOF payments.

by Dismal-Jellyfish Fixed Income and Options: The Other Market Structures Remarks at the Fixed Income Forum Spring Roundtable: https://www.sec.gov/news/speech/crenshaw-remarks-fixed-income-forum-spring-roundtable-033023 This speech is long but worth the read. I am going to attempt to chop up the two main topics–Fixed Income Markets …

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CHANGE: Democrat Governor In Heavily GOP State Signs Bill To Crack Down On Woke Investments… 21 States Threaten Banks with Legal Action Over Woke Policies.

via dailywire: Critics of the ESG movement largely align with conservatives and assert that the philosophy intermixes political and social causes in a manner that compromises or distracts from profitability. Beshear signed a bill last week to require fiduciaries of the …

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Financial world legend sounds alarm over ‘biggest bank that’s going down.’ “The biggest bank that’s going to go down is Bank of Japan.”

Bank of #Japan raises maximum amount of #bond purchases for next quarter https://t.co/ezHtR92GbW — GoldBroker (@Goldbroker_com) March 31, 2023 via Foxnews: In the aftermath of the Silicon Valley Bank collapse, finance expert Robert Kiyosaki cautioned the central bank of a global …

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Earnings estimates are back near record levels again. This wave of excitement seems quite excessive and completely unwarranted. Citigroup analysts are already donwgrading earnings estimates, so they can beat them.

Earnings estimates are back near record levels again. This wave of excitement seems quite excessive and completely unwarranted. After reaching over 90% of yield curve inversions in the US Treasury market, the risk of a full-blown economic recession remains significant for… pic.twitter.com/jML58pdg6B …

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‘The next six months will be tumultuous. The market will soon become bidless, and those who were chasing the “blow-off” will soon be clamoring to sell at any cost.’

https://twitter.com/MFHoz/status/1641495099073781776 For bulls who are tempted to buy bank stocks right now, I refer you to the chart below. Because this is the fate I predict awaits every bank that requires government bailout. There's no such thing as a "systemically …

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These Economic Numbers Are Staggering

by Michael If you are struggling to make it in this economy, you are not alone, because there are millions of other Americans in the exact same boat.  Needless to say, the cost of living has become extremely oppressive, and …

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Ron DeSantis – “Florida Will Not Assist In An Extradition Request Given The Questionable Circumstances At Issue With This Soros-Backed Manhattan Prosecutor and His Political Agenda.”

The weaponization of the legal system to advance a political agenda turns the rule of law on its head. It is un-American. The Soros-backed Manhattan District Attorney has consistently bent the law to downgrade felonies and to excuse criminal misconduct. …

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Not a ‘bailout’! $388.2475 billion in liquidity: A review of the tools the Fed is leveraging to provide banks liquidity while we get rate hikes: Discount Window, Central Bank Liquidity Swaps, Bank Term Funding Program (BTFP), “Other credit extensions”, and “Foreign Official”.

by Dismal-Jellyfish This week’s Fed balance Sheet: https://www.federalreserve.gov/releases/h41/20230330/ What we are monitoring: Discount Window/Primary Credit Central Bank Liquidity Swaps Bank Term Funding Program (BTFP) “Other credit extensions” “Foreign Official” Tool 3/15 3/22 3/29 Discount Window/Primary Credit $152.85 billion $110.248 billion …

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