Hard data that confidence in the dollar is cracking

by

by Simon Black It is becoming increasingly clear that the world is losing faith in the United States dollar… and rapidly turning to alternatives. And that’s a huge deal for the United States. For nearly eight decades, the US economy and US government have enjoyed the unparalleled benefits of the dollar being the world’s reserve … Read more

Recession Alert! Philly Fed Crashes To -22.8 For April (Slippin’ Into Darkness)

by

by confoundedinterest17 The US economy is slippin’ into darkness. The Philly Fed NBOS General Business Activity Region Diffusion Index SA crashed to -22.8 in April. And today’s Fed Funds Futures data points to a return of The Bernanke/Yellen “Low Rider” policy for rate management. Why can’t the corporate media, AOC and Tucker Carlson be friends?

The EU wants to ban online platforms for not censoring enough content. How is this any different from China’s Great Firewall?

by

The EU is hellbent on stifling free speech and preventing its citizens from hearing the speech of Americans. As a result, Twitter and 18 other companies will face strict new censorship rules designed to force @elonmusk to self censor Twitter.https://t.co/3gAgkhHwKt — @amuse (@amuse) April 25, 2023 🇪🇺Thierry Breton had again threatened Elon Musk to censor … Read more

The Supreme Court is for sale

by

Second SCOTUS Justice failing to disclose major financial transactions with parties that have business in front of the court. NEW — Supreme Court Justice Neil Gorsuch sold a 40-acre tract of property he co-owned in rural Granby, Colorado to the chief executive of Greenberg Traurig, a major law firm with business before the court. Major … Read more

Robin Brooks: ‘Bitcoin has fallen over the past week (black), to the dismay of HODLER bros everywhere…Bitcoin is just another bubble asset…’

by

Bitcoin has fallen over the past week (black), to the dismay of HODLER bros everywhere. It's falling as market pricing for the Fed is becoming more hawkish again (blue). Bitcoin falls when markets price a more hawkish Fed and vice versa. Bitcoin is just another bubble asset… pic.twitter.com/PMu96jxdLR — Robin Brooks (@robin_j_brooks) April 25, 2023

Slowdown! Case-Shiller Home Price Index Slows To Almost 0% YoY As Fed Pulls Out (SF Down -10% YoY, Seattle Down -9.3%, Miami Up +10.8%)

by

by confoundedinterest17 The US housing market is experiencing a slowdown as The Fed withdraws it outragous monetary stimlus. The Case-Shiller 20 metro house price index grew at a rate of 036% year-over-year (YoY) in February. Drifting into darkness, we have the West getting battered with my old hometown of San Francisco leading the pack at -10% YoY … Read more

“An 18-year-old boy died when doctors tried to create a vagina for him using part of his colon.”

by

A 2016 medical article documenting the tragic death of one of the participants in the linchpin Dutch study upon which the entire child sex change experiment is based indicates that puberty suppression was to blame for the young person’s death. The case is that of an 18-year-old trans-identified male whose puberty was blocked by the Dutch researchers at a very early … Read more

It takes 100 to 300 barrels of oil to manufacture a battery that can hold one barrel of oil equivalent of energy

by

“There’s no such thing, of course, as a zero-emissions vehicle. The real question is, where are the emissions associated with the electric car? B Because what you do with an electric vehicle is you don’t eliminate emissions; you export them somewhere else. You have to dig up about 500,000 pounds of materials to make a … Read more

UK: New drivers aged under 25 may be banned from giving their friends a lift

by

YOUNG drivers are set to be banned from giving their friends a lift in a bid to stop peer-pressure crashes. Ministers are considering plans to stop new drivers under the age of 25 from carrying young passengers, as part of a “graduated driving licence” https://www.thesun.ie/motors/10592808/young-drivers-to-be-banned/ 🚨 | NEW: The government has proposed BANNING young drivers … Read more

Net interest income and net interest margins. This is all you need to know about FRC and where it’s headed.

by

by throwaway1177171728 No idea how so many people here fail to see and understand this. The crisis happen in mid-March. Their results were 10 weeks of “normal” followed by 2-3 weeks of stress. Those 2-3 weeks of stress had the following impact on their NII and NIM: Net interest income was $923 million for the … Read more

What’s up with the banking crisis in the US?

by

by bitkogan Friends, hello everyone! It’s been just over a month since the Silicon Valley Bank bankruptcy, but the much feared Armageddon in the US financial system has not occurred. Good golly, who on earth could have imagined? Where is the crisis? Where is the show? Where is the request that the last person to … Read more

Whenever someone gets fired on the news & they are popular, even if you despise them, start listening to them. To quote Tyrian Lannister: “When you tear out a man’s tongue, you are not proving him a liar, you’re only telling the world that you fear what he might say.”

by

by DRUMBSHIT Add Tucker to this list: Bradley Manning Edward Snowden Julian Assange Jack Teixeira Bill Cooper Isaac Kappy That’s a quick short list of people who point out corruption that got silenced, or even worse. Feel free to add more names to this.

All signs point to a well deserved hard landing

by

by BoatSurfer600 We have an earnings recession in which the most-overowned and over-valued sector (Tech) is facing the worst earnings decline of any sector. And another Fed rate hike. All signs point to a well deserved hard landing   The pandemic deleveraging phase will re-collapse oil demand back down to the pandemic lows. In other … Read more

Elderly politicians threaten the US system’s ability to perform. Washington is turning into a gerontocracy with an increasingly old and infirm Congress

by

n October of 1984, former US President Ronald Reagan, who was then an incumbent 73-year-old commander-in-chief, participated in the second presidential debate against his Democratic Party opponent Walter Mondale. The president was asked about his age and mental fitness for office by the moderator, given that he was then the oldest president in history, and … Read more