Yes, It’s a Bubble and Yes It Will Burst Soon

by The Phoenix The #1 question I’m asked these days is… “Are stocks in a bubble?” Defining a bubble in stocks is extremely difficult because stock prices are based heavily on Treasury yields, and Treasury yields are at ridiculously low levels due to the fact that the Fed is currently spending $960 BILLION per year buying Treasuries. … Read more

Bubble? UMich Buying Conditions For Houses (Good) Collapses To 32%, Fed O/N Reverse Repos Breach $1 Trillion

by confoundedinterest17 The University of Michigan survey of consumers is out and their buying conditions for housing (good) was a disasters. Only 32% on consumers view buying conditions for a house as good. That means that 68% think buying conditions are not good. Why? With the Case-Shiller National Home Price Index growing at a scorching … Read more

Manhattan Sees Record High Office Vacancy Rate As Businesses Flee

Manhattan is observing rising office vacancy rates. A report from Newmark covering the downtown Manhattan office real estate market during the second quarter of 2021 indicated that despite plummeting rental prices, the availability rate for businesses reached 21.1% in June — a record high. Reports for Midtown and Midtown South reveal similarly high vacancies. The New York Times comments: No other city … Read more

Our media are fundamentally broken.

https://www.politifact.com/factchecks/2021/apr/15/facebook-posts/fact-checking-whether-kids-cages-border-facility-7/ LOL. 700% capacity is correct, but we don’t think their holding cells consisting of 4 walls of chain link fencing should be called cages, so this isn’t completely correct. haha   h/t  Violated_Norm

CP Lie? More Price Hikes On Food & Consumer Items Coming Soon That The CPI Won’t Account For!

Inflation is “only transitory” and is cooling off now? Burgers at This Popular Chain Will Get More Expensive Soon, Executives Say https://www.msn.com/en-us/money/compa… Shake Shack will raise prices again in 2021 to fight inflation https://nypost.com/2021/08/10/shake-s…   GOODER AND HARDER: 79% Blame Government Policy for Devastating Inflation Surge. Social Security cost of living adjustment could be largest in … Read more

Clint Eastwood Defies Hollywood To Support Gov. Newsom’s Opposition

Legendary actor and director Clint Eastwood has defied the liberal world of Hollywood to throw his support behind conservative talk radio host Larry Elder, who is currently running to replace Gov. Gavin Newsom (D) in the California recall election. Actor Clint Eastwood Supports Larry Elder While the 91-year-old actor is most famous for his roles … Read more

Online marketplaces boost small businesses. Congress wants to overregulate them

Our economy is struggling to recover from the pandemic. Companies are understaffed, and the cost of doing business is rising. Against this backdrop, Congress is advancing its latest anti-tech legislation, the INFORM Consumers Act, which threatens to stifle small businesses’ recovery by introducing new regulations on online sellers and marketplaces. During the pandemic, online marketplaces … Read more

Why is it that mostly Lefty-Liberals get cancelled? They love to eat their own.

Jimmy Fallon about to be cancelled… Full Lawsuit: https://t.co/1ZSUOiD1dV — An Open Secret (@AnOpenSecret) August 12, 2021 Hi @jimmyfallon – why did you consume alcohol with a 16-year-old girl at a SNL afterparty? The same girl your co-star Horatio Sanz was sexually assaulting at the time? pic.twitter.com/xhLbdcEHiI — An Open Secret (@AnOpenSecret) August 13, 2021 … Read more

An Early Warning of an Impending Market Crash… Unusual Condition Has Tended To Precede Future Volatility Spikes…

The #Fed Just Published 36 Years of Its Money Data. It Shows a Spike in #Repo Loans Is an Early Warning of an Impending Market Crash https://t.co/pXF8tC00p8 pic.twitter.com/EzTTh0gLXK — GoldBroker (@Goldbroker_com) August 13, 2021 Wow, chart! The amount of cash parked at the #Fed's reverse repo fascility just hit a new record! USD 1.087 trillion! … Read more

This is not the new normal. It’s the perverted extreme.

https://twitter.com/NorthmanTrader/status/1426141807918858262 Party like it‘s 1999! European equities haven’t had a record-setting streak like current one since dotcom bubble era, BBG has calculated. Stoxx Europe 600 Index on course for a 10th straight record high this month, just 2mths after setting 9 consecutive historical peaks in June. pic.twitter.com/8pEHhKcr6t — Holger Zschaepitz (@Schuldensuehner) August 13, 2021 #Fed … Read more

At this rate, we’ll have 5 million brand new illegals in Biden’s first year…

Homeland Security Sec. Mayorkas announces that there were 212,672 migrants were encountered at our Southern border in the month of July, a 13% increase over June, which was a 20 year record. pic.twitter.com/guK4kGxXUs — Daily Caller (@DailyCaller) August 12, 2021 More than 200,000 last month, and that only covers the ones who were captured.   … Read more