Yields Plunge After Spectacular 30Y Auction, Lowest Dealer Takedown On Record (Yellen Fearmongering US Debt Default)

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by confoundedinterest17 Face it, the 30-year Treasury market is not as interesting as widely-traded as the 10-year Treasury market. But we did see some interesting revelations in today’s 30 year Treasury auction. If yesterday’s 10Y auction was blockbuster, one of the strongest benchmark sales on record, then today’s $24 billion offering of 30Y paper – the last … Read more

Biden will Remove Governors Who Get in His Way

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Twice in his speech today, he said that he would use his power to remove governors that got in his way. What authority does he have to do that? BIDEN: “If these governors won’t help us beat the pandemic, I’ll use my power as president to get them out of the way” https://t.co/UeOe6bqP2r — Insider … Read more

The Woman Who Leaked Secret Documents To BuzzFeed News about USA Treasury corruption, Triggering A Massive Global Investigation, Is Now In Prison

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Former Treasury Department official Natalie “May” Edwards said she is a whistleblower who sent suspicious activity reports to BuzzFeed News after trying in vain to work through lawful channels. Her actions became the basis for the global FinCEN Files investigation. The information she provided to BuzzFeed News formed the basis of the FinCEN Files, which … Read more

Bidet’s ATF Nominee Out

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The White House on Thursday withdrew David Chipman’s nomination to lead the Bureau of Alcohol, Tobacco and Firearms after resistance from Senate Democratic centrists imperiled his bid. Chipman, currently an official at the gun control group Giffords, faced fierce opposition from all 50 Senate Republicans but also didn’t have the votes to be confirmed along … Read more

Homebuying Startup Orchard Reaches $1 Billion Unicorn Valuation (But What Is House Price Growth Slows … Or Falls??)

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by confoundedinterest17 Let’s get ready to tumble! New homebuying startup emerges as US house prices begin slowing. (Bloomberg) — Orchard, which offers cash to homebuyers upfront so they can purchase a new residence before selling their old one, raised $100 million to fuel growth in an ultra-competitive housing market that’s pushing shoppers to find new ways to stand … Read more

The stagflation section in the Fed’s beige book…

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https://twitter.com/NorthmanTrader/status/1435666661550473221 Your chart crime pic.twitter.com/6dMsy347Wq — Alessio (@AlessioTMAD) September 9, 2021 https://twitter.com/WallStreetSilv/status/1436041587088310279 J.P. Morgan: Global Food Price Jump May Herald Persistent Inflation Gains https://t.co/n2wljezUFq — WSJ Central Banks (@WSJCentralBanks) September 9, 2021

They know that critical race theory is deeply unpopular…

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WINNING YET AGAIN: After I exposed its support critical race theory in public schools, the US Conference of Mayors has deleted all named endorsements from its resolution. The mayors of Chicago, Portland, Louisville, and Boise have back down. Before: After: pic.twitter.com/BOT6feXMuZ — Christopher F. Rufo ⚔️ (@christopherrufo) September 9, 2021 And yes, the US Conference … Read more

Russia will now sell billions and billions of cubic feet of natural gas to fill all of the EU’s energy needs

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Russia is now Europe’s energy supplier. It’s a very big thing. ‘Always believed it can be done’: Mayor of town where Nord Stream 2 connects to Germany speaks to RT as FINAL pipe wielded 8 Sep, 2021 23:19 The Nord Stream 2 gas pipeline project, finally nearing completion, is crucial not only for the big … Read more

China’s banking system is imploding…could be contagious…

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👇 https://t.co/KfmWrvggZW — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) September 9, 2021 China’s #Evergrande: – $300 billion in liabilities – $7.4 billion in bonds due in 2022 – Bonds are now suspended – Already missed debt payments this year – Chairman recently stepped down from key unit role This could destabilize global markets. — Gold Telegraph … Read more