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Authored by Daniel Lacalle, This week, Ned Davis Research published a note titled “turns out, growth looks like it was transitory – inflation is more sticky”. There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt in the recovery. Autos and new home sales plunged, … Read more
by confoundedinterest17 The stock market mildly rebounded from yesterday’s mild correction, but a glaring problem remains: S&P 500 real earning yields are negative. With all the Federal government fiscal stimulus and Federal Reserve monetary stimulus, we are seeing inflation and that inflation is eating away at S&P 500 earnings yield. The S&P 500 is still … Read more
*MCCONNELL: U.S. WON'T DEFAULT BUT DEMOCRATS MUST RAISE DEBT CAP — *Walter Bloomberg (@DeItaone) September 21, 2021
Business Secretary Kwasi Kwarteng says energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under. Soaring global gas prices have throw the industry into crisis, hitting some smaller suppliers, but Mr Kwarteng insisted it was a “myth” that the UK supply of gas could run … Read more
by Simon Black On the evening of June 9, 1772, Alexander Fordyce was drunk out of his mind when he came stumbling home to his wife. As Fordyce was a widely respected London banker and senior partner at the firm Neale, James, Fordyce, and Down, this behavior was uncharacteristic… and his family was rightfully worried. The … Read more
CNBC, Released on 9/21/21 The S&P 500 just closed its worst day since May on Monday, accelerating a September slump triggered by China’s Evergrande debt crisis, seasonal weakness and a looming deadline to raise the debt ceiling. Those concerns contributed to market unease, but Bianco Research President Jim Bianco says the market’s next move all … Read more
by Milkdud2000 Hi Apes, (this post is not adjusted for inflation, open to a wrinkle edit) thanks! If using inflation the ratio would be smaller – I am open to feedback – will take down if im tripping – But from my basic ass calculations – I show the markets using 28 times more leverage … Read more
The Rothschilds have their own water canons.. 😅😅😅 — Stale Crumbs (@tobeycakes) September 20, 2021
Great piece of journalism by Avi Yemini getting down to the real issues of the Melbourne tradie protests. h/t Jezza000
https://twitter.com/disclosetv/status/1440305874967281665 #Humanrights are under fire.Science is under assault.And economic lifelines for the most vulnerable are coming too little and too late —if they come at all.Solidarity is missing in action — just when we need it most. #UNGA76 pic.twitter.com/is3zwN9Rto — UN News (@UN_News_Centre) September 21, 2021 h/t dr0id
by ruthless_master An SEC document from 17th Sep 2008 detailing everything about naked shorts and counterfeiting of shares! The document is titled “Where are Our Regulators and Who are They Protecting?” And it mentions “market manipulation” and government advisor’s conflict of interest! https://www.sec.gov/comments/s7-08-09/s70809-407a.pdf Edit: I stumbled upon this document during my research about Fannie Mae and … Read more
BOSTON, Mass. (BRPROUD) — Samuel Adams is back with its Utopias beer, which is 28% alcohol by volume and comes at no small price. Samuel Adams beer maker Boston Beer Company typically releases a very limited number of Utopias every two years, Fortune reported. And if you can find it, this year’s batch will hit … Read more
…Orchestras for which such language is not exclusionary enough have turned to the use of “fellowships” — preprofessional apprenticeship or mentorship opportunities earmarked for certain racial or gender groups, particularly women or minorities. By describing these opportunities as “fellowships,” not jobs, they are able to circumvent antidiscrimination laws. But orchestras are now extending this strategy … Read more
While employers are begging people to get back to work, the Mayor of Chicago isn’t helping. Instead of stopping payments to people in the city, she wants to continue the giveaway with free money for those she considers “low income.” Don’t we have food stamps, welfare and just about every other freebie known to man? … Read more
S&P says Beijing unlikely to step in as Evergrande steps closer to default After stock markets across the world posted their worst day in months yesterday, financial analysts have scrambled to get an idea on whether a major source of the woe, China’s second-largest property developer the Evergrande Group, will be left to fend off … Read more
Suddenly becomes a conflict of interest, though, JUST before a market correction/?crash New developments over the weekend in the ongoing story of disclosures, trading and security ownership by Fed officials.@steveliesman reports: pic.twitter.com/LkffFr57cM — Squawk Box (@SquawkCNBC) September 20, 2021
