Euro is rising towards its all-time high from before the 2008 crisis. This rise isn't about Dollar weakness. If USD were falling against everyone, trade-weighted Euro wouldn't be up so much. This is genuine Euro outperformance. Europe is seen as a safe harbor from US recession… pic.twitter.com/DJaEfkmmKR — Robin Brooks (@robin_j_brooks) April 26, 2023 The … Read more
https://www.youtube.com/watch?v=7C_o-n5eISg The Line, the name given to this planned city, looks like something out of a video game. It will be squeezed between two 170-kilometre-long mirrors, over 100 miles, and its inhabitants will live in the 200-meter-wide space, the length of two football fields. But hold on, this is only it is the beginning. Sold … Read more
In the California city of Petaluma, which covers less than 15 square miles, there are currently 16 gas stations. But there will never be another one, even if one of the existing stations goes out of business. The ones that are left also can’t ever expand the number of fuel pumps, either, though they can … Read more
The liberal billionaire George Soros quietly revived his lobbying efforts to boost President Joe Biden’s legislative agenda, providing a much-needed boost for the Democrat as he launches his 2024 campaign. Soros’s Open Society Policy Center spent $1.6 million lobbying the White House and Congress to support the American Rescue Plan and Inflation Reduction Act, … Read more
(Kitco News) The yuan became the most-used currency in China’s cross-border payments in March, surpassing the U.S. dollar for the first time, Reuters cited official data. This development aligns with China’s plans to increase the use of the yuan internationally. Yuan cross-border transactions and receipts were at a record of $549.9 billion last month, up … Read more
by: JD Heyes (Natural News) Former top Fox News host Tucker Carlson, who was ousted by his network this week because he’s an amazing truthteller who actually did what journalists are supposed to do and hold the powerful accountable, gave what many have said is the best speech of his life at an event in recent … Read more
A failure by the US to raise its debt ceiling would lead to an economic and financial crisis in the country, Treasury Secretary Janet Yellen has cautioned, urging lawmakers to act and not wait “until the last minute.” The debt ceiling is the maximum amount the US government is legally authorized to borrow to meet … Read more
by Ed Driscoll Shot: Jim Cramer Is Surprised No One Is Buying This ‘Very Good Bank’ Amid Crash. Celebrity stock picker and CNBC host Jim Cramer tweeted early Tuesday that First Republic is a bargain buy and he was surprised that a big broker wasn’t interested in it. “Fear is so palpable that no one seems to … Read more
Biden administration is quietly planning for a future where you don’t own money. “Under the various CBDC [Central Bank Digital Currency] proposals floated by the Biden administration and Federal Reserve, a U.S. CBDC would be programmable, traceable and designed to promote various left-wing social goals, such as improving ‘financial inclusion’ and ‘equity.’ It would also be … Read more
via redstate: Newly revealed emails between Secretary of State Antony Blinken and Hunter Biden are raising eyebrows. According to Fox News, the president’s son had a close relationship with Blinken. That included Hunter Biden being hosted at the State Department in 2015. Why is that year important? Because it was right at the peak of Hunter Biden’s foreign … Read more
Nestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business. The Swiss conglomerate, which owns a variety of food brands such as Purina, Gerber, Nescafe, and KitKat, said in an earnings report that the price increases in several markets … Read more
This seems like a great idea, if you want the US to lose — Josh Young (@JoshYoung) April 26, 2023
Just a week after then-CIA Director John Brennan warned President Barack Obama that Hillary Clinton’s campaign was “stirring up” a Russia scandal to harm Donald Trump, the agency’s former acting chief became one of the first high-profile intelligence community figures to claim that the 2016 Republican nominee was a possible agent of Vladimir Putin. In … Read more
(Kitco News) With gold rallying to near all-time highs in April, Google searches for “how to buy gold” soared to record levels in the U.S., according to Google Trends data going back almost 20 years ago. The phrase hit record-high popularity this month. The search inquiry was not even that high when gold hit new records … Read more
Fun fact, Sudan reached an agreement a few weeks ago with Russia to allow Russia to establish a port base capable of servicing their nuclear submarines. Fast forward a bit, shockingly riots and uprising. What are the odds. h/t KlutzyArmy2
Walmart’s website opens with photos of mothers and children shopping, weekly specials on daily necessities, and — for those who click on the “Our Company” link and dig a little deeper — an unabashed admission Walmart has been videoing every gun sale in its stores. The “Our Company” tab shifts the website to Walmart’s corporate page, … Read more
by bitkogan Microsoft delivered outstanding quarterly results, and Google (Alphabet) didn’t disappoint either, announcing a $70 billion buyback program. So, is an uptrend guaranteed? Once again, I wouldn’t be so sure. I did capitalize on yesterday’s drop, partially closing my positions in SOXS (Semiconductor Bear 3X) with a profit of about 16%, but I still hold the majority of them. … Read more
He is blaming consumers for passing on their costs. But he never admits that the central bank has any responsibility for the problems.https://t.co/uT8gXbKzBv — Wall Street Mav (@WallStreetMav) April 25, 2023 The Bank of England’s chief economist has urged people to accept they are poorer, warning inflation risks remaining stubbornly high. Huw Pill told a … Read more
by confoundedinterest17 Wasting away again in Bidenville. Nibblin’ on ice cream. Watching the economy boil. Particularly mortgage demand. Mortgage applications increased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 21, 2023. The Market Composite Index, a measure of mortgage loan … Read more