NY Fed Survey Of Consumer Expectations Points To 5.2% Inflation In One Year (Too Bad Hourly Wages Are Growing At 4.3%!)

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by confoundedinterest17 US inflation is run, runaway. Americans are expecting a record surge in inflation over the next few years, according to a new report from the Federal Reserve Bank of New York. In its August Survey of Consumer Expectations, the bank said Monday that respondents see inflation a year from now at 5.2%, up from 4.9% … Read more

Too Many Bears Looking For A Correction?

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By Lance Roberts  Are there too many “bears” looking for a correction? When it comes to financial markets, there is one truism as noted in Bob Farrell’s famous investment rules: “When all experts agree, something else tends to happen.” Such makes perfect sense given that the “market” is a reflection of the psychology of “buyers” and “sellers.” Such is why sentiment … Read more

China’s ‘Lehman Moment’ – The Black Swan Has Landed: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

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It took Evergrande less than a day to go from denying “rumors” of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent. In a filing on the Hong Kong stock exchange on Tuesday, Evergrande which was busy trying to convince angry Chinese mobs that they will … Read more

The Big Apple is Awake!

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The Big Apple is Awake!!🍎 pic.twitter.com/eT5z0XxQ4E — CJ JOHNSON (@RealCJJohnson1) September 14, 2021 Protest against mandatory vaccines and vaccine passes is underway in New York City. pic.twitter.com/zZr9dtSbun — Marie Oakes (@TheMarieOakes) September 13, 2021

Amnesty Alert: Bill ‘Blows Away All Numerical Limits’ on Employer-Based Green Cards — for an Entire Decade

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The Democrats’ proposed amnesty for migrants creates a hidden pipeline for U.S. employers to flood more cheap foreign graduates into millions of middle-class careers needed by American graduates. ‘This is the American aristocratic class being rewarded for being in financial bed with the Democratic Party,” said Robert Law, director of regulatory affairs and policy for … Read more

How Do They Get Away With It?

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by Keith Weiner of Monetary-Metals Picture, if you will, a government that deliberately inflicts bad policy on the people. I know this sounds crazy, and could never happen, but please bear with me. Suppose the government criminalizes hiring someone who produces less than an arbitrary threshold. Or it forces the closure of all businesses deemed to be non … Read more

While America was distracted, the Federal Reserve Bank of Atlanta revised its GDP forecast DOWNWARD by 41%. Something’s VERY wrong here.

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While America was distracted, the Federal Reserve Bank of Atlanta revised its GDP forecast DOWNWARD by 41%. Something's VERY wrong here. pic.twitter.com/kHy0Ujq7AJ — Glenn Beck (@glennbeck) September 13, 2021 🚨BREAKING🚨 Kaplan says he is worried about inflation, after vowing to sell all his assets in Sept. Remember: First, they told us there was no inflation.Next, … Read more

Evergrande problems are spreading …

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Evergrande problems are spreading … https://t.co/UcbGU6k7v9 — GregTheAnalyst (@Analyst_G) September 13, 2021 1/3 While the collective world thinks Evergrande is the only Chinese developer at risk, they are wrong – i.e., Evergrande is not unique nor is it the first. That is, looking at the 10 Chinese developers below, interestingly, combined, the names (each in … Read more

George Gammon: Top Tax Rates In US Headed Towards A Staggering 60%

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Rebel Capitalist, Released on 9/13/21 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 … Read more