Business Travel, Conventions, Office Occupancy Stuck in Collapse: Been so Long, People Forgot What Old Normal Was.

The largest destination, the New York City metro, is expected to see an 88% collapse in annual hotel business travel revenues, from $4.6 billion in 2019 to a projected $531 million in 2021. In Orlando, the second largest destination in 2019, annual hotel business travel revenues are expected to collapse by 81%, from $2.8 billion … Read more

Trust Me, the Fed Doesn’t Want You to Know This

by The Phoenix Yesterday I explained how the official inflation statistic used by policymakers, the Consumer Price Index or CPI, is practically useless. I realize this is quite controversial. After all, everyone on the planet from hedge fund managers to social security administrators uses this data point as THE inflation measure. Unfortunately for them, CPI is pretty … Read more

Real Estate Coming Back Down to Earth…

from Kerry Lutz’s Financial Survival Network Real estate has been doing great where taxes are lower, and it seems that the stage of buying-panic has come to a close as purchasers stop over-paying quite as much for homes. Today we have Andrew Ragusa on the podcast to discuss what exactly is happening with the market, and what you … Read more

Losing wars while flexing political muscle. This will not end well, for anyone.

  EVERYTHING IS GOING SWIMMINGLY: Deep State, Deep Trouble: America’s woke generals and the Military-Industrial Complex must be purged to save the nation. Revelations from a new book, Peril, by Bob Woodward and Rob Costa, reveal just how deep the spiritual rot in the military goes. In the days after the January 6 protest, General Mark … Read more

NBC News: “New bodycam video reveals emotional Utah incident between Gabby Petito and boyfriend”

  FAST FACTS Gabrielle Petito, 22, reported missing by family on Sept. 11 North Port police name boyfriend Brian Laundrie as person of interest, describe him as uncooperative with the investigation Van used by Petito and Laundrie on cross-country road trip recovered by North Port police Laundrie’s attorney releases statement saying Laundrie will be “remaining … Read more

Nikki Minaj has gone full red pill and is not stopping…

She is telling America to fight back against tyranny. https://www.youtube.com/watch?v=1MRfduWhdW4 Pardon some of the coarse language in this, but @NickiMinaj went on Instagram Live last night to her 157,000,000 followers and gave a very powerful speech about how America’s Cancel Culture is turning us into a country like China. I love to see people waking … Read more

Chinese state-run newspaper claims warships could ‘soon’ near Hawaii

The @USNavy has upheld the standards of freedom of navigation longer than the PLA navy has existed. Here's a more recent example you may have forgotten https://t.co/DOPOprv57N https://t.co/ZTzF4pqyUs — Navy Chief of Information (@chinfo) September 8, 2021 https://www.hawaiinewsnow.com/2021/09/15/chinese-state-run-newspaper-claims-warships-could-soon-near-hawaii/

CNBC is now telling people to buy bank stocks….

I can’t imagine something I would want to invest in LESS right now. Throwing people under the bus, just like 2008. Hopefully this will be the last time. Jim Cramer: “bear sterns is fine, don’t take your money out of bear sterns. Don’t move your money from bear that’s just being silly. Don’t be silly.” … Read more

Schools face bus driver shortage…

EVERYTHING IS GOING SWIMMINGLY: Bus Driver Shortage Forcing Philadelphia School District To Look At National Guard, Amazon For Possible Help. Related: Massachusetts Calls On The National Guard To Mitigate A School Bus Driver Shortage. North Carolina school districts facing bus driver shortage. Minnesota school bus drivers say ‘devastating’ driver shortage demands action. Alachua County suffers school bus … Read more

New congressional draft legislation seeks to end tax efficiency of all ETFs

https://www.bloomberg.com/news/articles/2021-09-14/etf-industry-risks-losing-key-tax-edge-as-democrat-whets-knife Amid the deluge of headlines in the past few days about congressional proposals to boost taxes on companies and the wealthy is one that would affect regular investors — and potentially alter the entire U.S. fund landscape. Draft legislation released by Senate Finance Committee Chairman Ron Wyden of Oregon on Friday featured a repeal of … Read more

Here’s How Many Big Businesses Ditched California for Red States in the Past Couple of Years

https://www.youtube.com/watch?v=XPFsulMUqAY Erica Francis from WKRN reports, New research shows that Tennessee is the second most popular destination for companies fleeing California, just behind Texas. According to the new research by The Hoover Institution at Stanford University, Texas is the top destination with Tennessee, Nevada and Arizona following behind. Read More/Source/Credit/FairUse: https://www.wkrn.com/news/more-california-headquarters-choosing-to-move-to-tennessee/

A Massive Meltdown of China’s Real Estate Market Could Trigger Global Liquidity Crisis

In today’s show, you will learn why China’s Evergrande is setting up a Lehman-like liquidity crisis, why one Senator wants to break up Wells Fargo, how consumer prices are likely to head lower, why consumers can’t afford higher consumer prices, and how crude oil prices suggest inflation will soon cool. Housing bubble starts to implode … Read more