Consumer Sentiment For Housing Falls Due To Skyrocketing Home Prices (Consumers Get Powell’d!)

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by confoundedinterest17 I have a new term for consumers that get beaten-up by The Fed’s massive distortion of markets. I call this being “Powell’d”. The latest example of consumers getting Powell’d in the University of Michigan consumer survey. Buying conditions for housing just fell to the lowest level since 1982. Foul Powell on the prowl. Dracula’s … Read more

Electricity Prices Are Skyrocketing To Their Highest Level In At Least Ten Years In Germany… Euro Zone Inflation Hits Highest Level In 13 Years

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Today's update on the European Energy Crisis via @SchuldensuehnerElectricity prices are skyrocketing to their highest level in at least ten years in #Germany, where the energy crisis is also hitting hard #natgas #DAX #ONGT Updatehttps://t.co/Xc1pQki3LF pic.twitter.com/Q5F6W8F6mF — Traders Community (@TradersCom) September 30, 2021 It comes after German consumer prices rose by 4.1% in September — … Read more

So… USD liquidity fell JUST -3.4% in just over a half a month to today, or $138bn, from all time highs, and the stock market completely fell apart.

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So… USD liquidity fell JUST -3.4% in just over a half a month to today, or $138bn, from all time highs, and the stock market completely fell apart. What happens, I wonder, when liquidity normalizes – i.e., pre-COVID liquidity levels suggests another ~$2.8tn needs to "come out"? pic.twitter.com/1jxm4xXROB — Gordon Johnson (@GordonJohnson19) October 1, 2021 … Read more

The Vatican is incapable of being wrong, you know.

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Vatican To Punish Employees Who Refuse To Comply With COVID-19 Certification https://t.co/Oq1RRwCFHV — zerohedge (@zerohedge) October 1, 2021 Beware Vatican employees !! We all know what happens when the church punishes. Are the bonfires already being lit in St. Peter's Square? COVID inquisition is here! 😂 pic.twitter.com/w5uzn5a0pU — Jota Jarkor (@jota_jarkor) October 1, 2021 h/t … Read more

Key inflation gauge watched by the Federal Reserve hits another 30-year high

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Core inflation rose 3.6% in August from a year ago, the biggest jump in more than 30 years. Personal spending increased 0.8%, slightly higher than the estimate. Inflation ran at a fresh 30-year high in August as supply chain disruptions and extraordinarily high demand fueled ongoing price pressures, the Commerce Department reported Friday. The core … Read more

Mohamed El-erian: Inflation Isn’t Going Down. Inflation Is Hot, Hot At The Core Level… Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate

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  "Inflation isn't going down. Inflation is hot, hot at the core level," @bopinion's Mohamed El-Erian tells @ferrotv https://t.co/J0yJOrfwmP pic.twitter.com/jWJ4QZcq0v — Bloomberg TV (@BloombergTV) October 1, 2021   Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate: WSJ The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country … Read more

The Problem with the Current Economic System

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by Chris Black The problem is seeing any commodity as an investment, instead of something used as a product for consumption by those who can actually use it. What is the percentage of oil contracts traded by those who can actually refine a barrel? Is it even 1% today? So who is setting the price? … Read more

15% of Americans (correctly) Believe that Satan-worshipping Pedophiles run Government, Media, and Finance

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by Chris Black Rookie numbers. We got to pump those numbers up.  The key word here is Cabal. A survey released by the Public Religion Research Institute found 15% of Americans believe a QAnon conspiracy that the government is controlled by a cabal of Satan-worshipping pedophiles. We spoke to people whose loved ones are among … Read more

The Supply Chain Crisis is Manufactured

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by Chris Black There is no way any sane person could look at this and reach any other conclusion than that it is 100% intentional. They choke the supply chains to choke you out so you’ll submit, take their shot, eat their bugs, live in their pods, and repeat that you see five fingers where … Read more