U.S. Bonds Sink as Yields Spike Higher (Treasury And Dollar Swap Curves Steepen As European 10Y Sovereign Yields Range Breach)

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by confoundedinterest17 U.S. 10-year yields are spiking upwards in what was supposed to be a sleepy day before the Fed’s 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

Alexandria Ocasio-Cortez: Biden Must Resettle At Least 200K Afghans in U.S.

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“I believe we need to move and the administration needs to move as quickly as possible and as expansively as possible ensuring that we are raising the amount of refugee visas to whatever amount is necessary,” the self-described democratic socialist congresswoman told The Independent. [Emphasis added] “I would say the rock bottom is 200,000, but … Read more

Breaking — Security threat at Kabul Airport… U.S. Embassy tells all Americans ‘to leave airport gates immediately’…

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    U.S .Embassy in Afghanistan tells Americans at Kabul airport to leave immediately due to security threats — “U.S. citizens who are at the Abbey Gate, East Gate, or North Gate now should leave immediately.”   This story is developing. https://twitter.com/Breaking911/status/1430676876163440646 https://citizenfreepress.com/breaking/breaking-security-threat-at-kabul-airport/

Afghan President fled country with $169 Million in U.S. taxpayer cash… Republicans demand DOJ investigation…

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“Reports indicate that Ghani in fact had so much looted money with him when he fled Afghanistan that not all of it would fit in his helicopter, and that he was forced to leave money lying on the tarmac,” House Republicans wrote in a letter to AG Garland. https://t.co/DASB4vizVB — Mediaite (@Mediaite) August 25, 2021 … Read more

And the insanity is exploding!

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And the insanity is exploding! U.S. National Debt Expected To Approach $89 Trillion By 2029 — This would put the country’s debt-to-GDP ratio at 277%, surpassing Japan’s current 272% ratio. It isn’t rocket science to predict where Gold prices are headed.https://t.co/rwubz9REzn — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 25, 2021 https://twitter.com/arbitrage_andy/status/1430603887837433859

VIX not buying the Euphoria, FOMO BS

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🧐👌 Yep, exactly$VIX not buying the Euphoria, FOMO BS I posted a chart comparing 1998 – 2000 $VIX with today's $VIX. similar behaviour. Back in 1998-2000,QQQ making ATHs almost everyday, but VIX remained > 20 smart money NOT buying the tech bubble, super accurate. https://t.co/iug3bK1uZI — Kerberos007 (@kerberos007) August 25, 2021 here is the comparison … Read more

Fukushima to release 1 million tons of ‘radioactive water’ directly into the ocean…

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  The operator of the wrecked Fukushima nuclear power plant said Wednesday it plans to build an undersea tunnel so that massive amounts of treated but still radioactive water can be released into the ocean about 1 kilometer (0.6 mile) away from the plant to avoid interference with local fishing.   The operator, Tokyo Electric … Read more

Citi Eco Surprise Indexes falling down for 1 year to date, while Stocks climbing day by day.

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🇺🇸GDP decline has no return back https://t.co/T8sAKLrGQX pic.twitter.com/J8Nvz6djJw — Antonio Pérez-Algás (@apanalis) August 24, 2021 🟦Citi Eco Surprise Indexes falling down for 1 year to date, while Stocks climbing day by day.This #Charade will burst soon #collapse pic.twitter.com/l36vnOTJrM — Antonio Pérez-Algás (@apanalis) August 25, 2021 Global Shipping Costs… kind of hard to see on the … Read more

OnlyFans Reverses Planned Porn Ban

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by Chris Black Honk! Thank you to everyone for making your voices heard. We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change. OnlyFans stands for inclusion and we will continue to provide a home for all creators. — OnlyFans (@OnlyFans) August 25, 2021 Even … Read more

Madness in the Housing Market with Wolf Richter

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from Kerry Lutz’s Financial Survival Network All of the madness is coming to a head in the housing market, so today, Wolf Richter and I get on the podcast to discuss what exactly is happening with buying and selling homes as a result of the current economy. San Francisco in particular is experiencing an interesting circumstance: seasonality is … Read more

Pentagon: 800,000 US Troops Must Get Vaxxed ASAP

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by Chris Black Military troops must immediately begin to get the COVID-19 vaccine, Defense Secretary Lloyd Austin said, ordering service leaders to “impose ambitious timelines for implementation.” More than 800,000 service members have yet to get their shots, data show. https://t.co/9gh5QIBqZd — AP Politics (@AP_Politics) August 25, 2021 Moderna shares up over 500% in the … Read more