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The pan-European Stoxx 600 closed higher Tuesday, but gains were capped as traders digested a slew of fresh economic data. Investors also monitored the potential geopolitical implications following the Taliban’s seizure of Kabul, the capital city of Afghanistan. BHP climbed 3.4% after announcing plans to leave London’s blue-chip FTSE 100 index and make Australia its … Read more
by Chris Black Uncle Joe’s speech from last night was pretty based. We must celebrate this speech, as we’re watching the collapse of the evil empire in real time: He correctly said that the US spending 20 years in Afghanistan cannot be defended anymore (no more resources maybe?), as we’re not nation builders, and Al … Read more
by Chris Black It looks like the DEMs are not happy with Uncle Joe’s withdrawal from Afghanistan. Yahoo! News: Senate Democrats on Monday promised they would investigate how and why the U.S. military departure from Afghanistan was bungled, even as most people in President Biden’s party said they supported his decision to pull American troops … Read more
by Chris Black This is extremely funny to me, I don’t know why: NEW 🚨 Taliban with weapons taking a helicopter ride reportedly over Herat, Afghanistan pic.twitter.com/oZM8k17WkM — Insider Paper (@TheInsiderPaper) August 16, 2021 I could watch these clips for weeks. The Taliban are living the life bois: https://twitter.com/NewsForAllUK/status/1427545007536361472 https://twitter.com/NewsForAllUK/status/1427367923132346368 The Taliban be like "Esselworld … Read more
by Chris Black This is the funniest thing you’ll ever see today: https://twitter.com/GlobalN69151479/status/1427594594766802952 They are not sending their best folks. That’s all I have to say about this. Watch that video while listening to this song: Then switch to this: https://twitter.com/GlobalN69151479/status/1427500264689479693
By Egon von Greyerz As most of the western world doubles down on easy money policies, one nation stands out and moves ahead with raising rates: Russia. This follows a pattern of a massive shift in power and dichotomization from west to east that can be seen both in finance and geopolitics. Even as the IMF calls … Read more
This Afghanistan vet just blew up MSNBC’s entire Biden-simping Afghanistan narrative LIVE ON AIR. What a glorious takedown. Watch this. pic.twitter.com/6mR2RlPN7I — Benny Johnson (@bennyjohnson) August 17, 2021
American Petroleum Institute leads 11 energy associations The American Petroleum Institute and other major energy trade groups filed a lawsuit Monday against what they called the Interior Department’s “unprecedented” freeze on new oil and gas leasing on public lands. No drilling auctions have been held since President Biden issued his Jan. 27 executive order, a … Read more
https://www.youtube.com/watch?v=znW4Gwi3CEw
🌍 Perhaps an interesting trio of charts for asset allocators… pic.twitter.com/PY4lnwPslJ — Mikael Sarwe (@MikaelSarwe) August 17, 2021 Macro expectations vs. equity allocation 👇 Draw your own conclusion. Ht @MikaelSarwe (BofA) pic.twitter.com/5muXG046y5 — Michael A. Arouet (@MichaelAArouet) August 17, 2021 #China's Ningbo container port remains partially closed, congestion at other major China ports is increasing. … Read more
Good Morning ! President Biden's daily job approval % will be down again today – to a new historic low. Trends – https://t.co/IpMwcO6S1a — Rasmussen Reports (@Rasmussen_Poll) August 17, 2021 Interesting Unscientific Twitter Poll Results. We ran these nationally last night & will run again tonight. Stay tuned for #Science tomorrow. pic.twitter.com/omq0TQ39kT — Rasmussen Reports … Read more
Our global supply chains are grinding to a halt because they are overloaded and at the breaking point, which is strange since a huge percent of businesses went under in the last 18 months, but demand for everything across the world is at all time highs. There seems to be a disconnect. At least Bitcoin … Read more
Hartaj Singh, Oppenheimer Analyst, joins Yahoo Finance to discuss downgrading Moderna earlier this month, future outlook on the stock, and questions around booster shots.
Please stop tweeting. Every sentence like this-when you consider just how many Afghan forces HAVE fought and HAVE died fighting just erodes my trust in you, something I never thought would happen. — Angelic Young: she/her/hers (@AngelicYoung) August 16, 2021 h/t dr0id
The $3.5 Trillion Budget Plan Could Make Inflation a Perpetual Problem Just as the breakneck pace of inflation seemed to be slowing, U.S. lawmakers took steps that could ensure it’s the reprieve itself that is transitory. It was almost easy to miss the $3.5 trillion budget resolution passed by the Senate at around 4 a.m. … Read more
Michael Burry sends his final warning. Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market … Read more
Brazil’s central bank purchased over 62 tons of gold in three months through July 2021, raising the nation’s reserves to nearly 130 tons. The estimated growth of physical holdings reportedly amounted to 92.4%. The bulk purchase of 41.8 tons was recorded in June. In May and July, the regulator acquired 11.9 tons and 8.5 tons, … Read more
Why would military generals like Milley and the top brass of the intelligence community lie to Americans for 20 years about how the war in Afghanistan was going? The reason has something to do with Eisenhower’s striking concept of a “military industrial complex.”
