Trickle down economics…
pic.twitter.com/FQaX2t9glu — conspiracybot (@conspiracyb0t) August 26, 2021 #recession … #Fed Pushing on a String edition https://t.co/MSHGzsY6E3 — Invariant Perspective (@InvariantPersp1) August 26, 2021 https://twitter.com/NorthmanTrader/status/1430847038112079874 https://twitter.com/NorthmanTrader/status/1430848105151406085 High Inflation Could Be Stickier Than Anticipated U.S. inflation showed some cooling off in July after posting large gains in prior months. Consumer prices rose at their slowest monthly pace … Read more
We are reaching the point of no liquidity…
We are reaching the point of no liquidity. pic.twitter.com/eqSuej4yGi — Mac10 (@SuburbanDrone) August 25, 2021 Earnings Revisions going đ pic.twitter.com/LcX4gtuWpO — Win Smart, CFA (@WinfieldSmart) August 26, 2021 $spx all time highs pic.twitter.com/pboxKOYV9M — Ălvaro Oviedo (@alvoviedo) August 25, 2021
The âGreat Resignationâ Is Likely To Continue, As 55% of Americans Anticipate Looking for a New Job
Most Americans expect to look for a new job as the pandemic continues. Some 55% of people in the workforce, meaning that theyâre currently working or actively looking for employment, said they are likely to look for a new job in the next 12 months, according to Bankrateâs August jobseeker survey, published Monday. YouGov Plc … Read more
Not only in US, it´s a Global goal, they want people dependant #UBI Worldwide
đşđ¸Not only in US, it´s a Global goal, they want people dependant #UBI Worldwide đđ´âŤď¸#Flight_2085đŞđ¸No solo en EEUU, es 1objetivo Global, quieren personas dependientes de #UBI en todo el mundođđ´âŤď¸#Vuelo2085#NewParadigm #ChinaStyle #Dictatorship #AI #Robotics #Transhumanism https://t.co/KyhqnvdeXa pic.twitter.com/cii3tttB57 — Antonio PĂŠrez-AlgĂĄs (@apanalis) August 24, 2021
Cathie buying back into China Stocks – Bargain Hunt
Is now the time to get back into China stocks at bargain prices ahead of a rally? Cathie Wood’s ARK invest has started buying back into China Stocks, many of the worlds leading value investors/fund managers have taken advantage of the low prices including Charlie Munger, Mohnish Pabrai, Guy Spier, Bill Miller & Al Gore’s … Read more
How to Identify a Bubble: Wall Street Says It’s Not a Bubble
by Charles Hugh-Smith The post-bubble-crash phase is already being prepared: ‘no one could have seen this coming’–except anyone who paid attention to anything other than self-interested shills. It’s really pretty simple to identify a speculative bubble of epic proportions in stocks: if Wall Street says it’s not a bubble, it’s a bubble. As I explained in The … Read more
New Rules From Treasury Department: Free Rent if You Attest You Need It
Seven New Rules Over 90% of the rent assistance money allocated to prevent evictions and halt evictions is still unused. Meanwhile evictions remain halted in many states while landlords go unpaid. Today the Treasury Department announced Seven New Policies to Encourage State and Local Governments to Expedite Emergency Rental Assistance. Self-attestation can be used in documenting each … Read more
âShrinkflationâ Hits More and More Grocery Products
Among them: Bounty paper towels: The triple back has shrunk from 165 sheets to just 147. Costcoâs toilet paper: A large pack was 425 sheets last year, but now is just 380. Dial Body Wash: Reduced from 21 ounces to 16 ounces, a 25 percent reduction. Ziploc freezer bags: 54 bags last year, but just … Read more
So what?
by DrSOGU
REPORTER: âIf Americans are still in Afghanistan after the deadline what will you do?â BIDEN: *smirks*
https://twitter.com/RetirementRight/status/1430609896030887937
Fed Reverse Repo Usage Climbs to Fresh Record $1.147 Trillion (All-time High!!)
by confoundedinterest17 (Bloomberg) â Usage at the Federal Reserveâs facility for overnight reverse repurchase agreements Wednesday rose to a new all-time high. Seventy-seven participants took $1.147 trillion, which exceeded Tuesdayâs volume of $1.13 trillion, and the previous record of $1.136 trillion reached on Aug. 23. The facility pays an overnight rate of 0.05%, helping to temporarily reduce the quantity … Read more
No Stopping the Central Bank Freight Train
rom Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. Heâs made some incredible calls along the way and now heâs looking to spread the word. Thereâs no reason that the average trader should be coming up short. So now weâve started a daily show to bring … Read more
A very worrying trend in the UK…
This gap is not due to Covid deaths – though those are now also higher than last summer. Mortality is VERY seasonally predictable (see how close the 2015-19 average is to the 2020 figure). Something bad is going on. — Alex Berenson (@AlexBerenson) August 25, 2021
State Department releases statement: DO NOT TRAVEL TO THE AIRBASE
#Afghanistan: Due to threats outside the Kabul airport, US citizens should avoid traveling to the airport and avoid airport gates unless you receive instructions to do so. Those at the Abbey Gate, East Gate, or North Gate now should leave immediately. https://t.co/InzuVjXhLT pic.twitter.com/6ncsJBEVLu — Travel – State Dept (@TravelGov) August 25, 2021 U.S. State Dept … Read more
President Trump: “Biden is destroying America”
MORE: "[Biden's] policies have created a living national nightmare: heâs surrendered our energy independence, sabotaged the economy, surged violent crime, caved to China, crushed our citizens instead of the virus… — Liz Harrington (@realLizUSA) August 25, 2021
Absolutely Insane Video: Woman crashes into someone else’s garage and lights the car and house on fire
skip to 3:40 to see crazed woman trying to light car on fire h/t Terentius Afer
U.S. Bonds Sink as Yields Spike Higher (Treasury And Dollar Swap Curves Steepen As European 10Y Sovereign Yields Range Breach)
by confoundedinterest17 U.S. 10-year yields are spiking upwards in what was supposed to be a sleepy day before the Fedâs Jackson Hole conference. The 2s10s curve is the steepest in two weeks. Eurodollar yields too have risen sharply and are up 6-7 bps in the blue and gold packs. Over the last week, we have seen … Read more
Tom Fitton of Judicial Watch: Biden Pentagon SPYING on Social Media Posts of Troops w/ Conservative Views?
Judicial Watch announced today that it filed a Freedom of Information Act (FOIA) lawsuit against the Department of Defense for all records aboutwhether it was monitoring orplanning to monitor the social media accounts of military members (Judicial Watch v U.S.Department of Defense (No. 1:21âcv-02146)). h/t Annie