Possible Long Track Derecho & Tornadoes Wednesday for MN, WI, NE IA, N IL, IN, MI, OH

In today’s severe weather outlook and discussion, We are going to be taking a look at the threat for severe weather tomorrow that will likely develop across Wisconsin Northern Illinois northern Indiana as well as the Western half of Michigan. This also includes Central and Eastern Minnesota. The latest models indicate that we could actually … Read more

As Stimulus Runs Out, Economy Falling! Governments Moving Closer Toward Bankruptcy!

Massive inflation is the proposal it seems with trillions more to be pumped into the economy. Food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx of capital going into the stock market from institutions, money managers, corporations, individual retail investors, … Read more

Guess we’re doing this… Real yields broken the lows. Next stop?

Zoomed out Was chart no. 8 in my 10 Charts for 2021: https://t.co/ZBqxIdO3ZY pic.twitter.com/EDO943tcYj — Callum Thomas (@Callum_Thomas) July 28, 2021 The YoY% of the M2 Money Stock continues to fall. No surprise here. pic.twitter.com/NoSl025POA — Steven Van Metre – AI 👑 (@MetreSteven) July 27, 2021 https://twitter.com/NorthmanTrader/status/1420328109304426500 US bankruptcy filings are back to pre covid … Read more

Meanwhile in “transitory” land….

https://twitter.com/NorthmanTrader/status/1420325911799517184 Inflation is running higher than corporate bonds yields. That's never happened before. — SolidusMax (@SolidusMax) July 28, 2021 Orange 🍊 Juice 👇👇👇 pic.twitter.com/JypHzZdT7T — Win Smart, CFA (@WinfieldSmart) July 28, 2021 Good Morning from #Germany, where inflationary pressure keeps rising. German import prices rose by 12.9% YoY in June most since the 1980s, after … Read more

Here comes The Purge…

Here comes The Purge… https://t.co/H2Z9WlSIWd — Jason Miller (@JasonMiller) July 27, 2021 BREAKING: Twitter just suspended the Arizona Audit account as well as the Audit War Room account. Follow me on Telegram and Gab for when I am booted. I will be next.https://t.co/thUZA6fK63https://t.co/VWNmppA4nS pic.twitter.com/DA6IcyRONG — Wendy Rogers (@WendyRogersAZ) July 27, 2021

Despite Mortgage Rate Declines, Mortgage Purchase Applications Fall With Smokin’ Home Price Growth (What Will The Fed Do?)

by confoundedinterest17 While the Fed’s Jackson Hole meeting is going on, the Mortgage Bankers Association released their weekly applications data. Mortgage purchase applications fell -1.6% from the previous week. But look at the following chart. With smokin’ home price growth, we are seeing a decline in mortgage purchase applications. But at least mortgage refinancing applications are … Read more

Democrat Donor Ed Buck Found Guilty In 2 Deaths!

LOS ANGELES (CBSLA) — Former political donor Ed Buck was convicted Tuesday of a series of federal charges, including providing methamphetamine to two men who died in his West Hollywood apartment. The 66-year-old was convicted of all nine counts he was facing. Jurors deliberated for just four and a half hours before reaching a verdict. https://losangeles.cbslocal.com/2021/07/27/ed-buck-guilty-verdict/

Real Negative Mortgage Rates Abound As Do House Price Bubbles (Pfandbriefe 10Y Rate Negative Too) The Case Of Germany Versus USA

by confoundedinterest17 Living in a negative rate world … It is not surprising that the REAL German Pfandbriefe 10-year rate is negative, since the NOMINAL rate is also negative. Especially since the NOMINAL German sovereign yield is negative. When we subtract German inflation from the Pfandbriefe 10-year rate, we get a REAL Pfandbriefe rate of 2.365%. A … Read more

Arrest Warrant Issued For Big Democrat Representative

A group of Texas Democrats bolted to Washington D.C. earlier this month to break quorum and prevent their Republican colleagues from passing election integrity bills, abortion restriction bills, and bills restricting the participation of biological males in girls’ sports. Now, at least one of those Democrats is about to face the music. Texas Democrat state Rep. … Read more

Multiple States – Florida, South Dakota, and Texas – REJECT New CDC Mandates and Guidelines

https://twitter.com/SwainForSenate/status/1420115047158669312 https://twitter.com/SwainForSenate/status/1420133437915074562 https://twitter.com/govkristinoem/status/1420148181157957632 The time for government mask mandates is over—now is the time for personal responsibility. In May, I signed an executive order prohibiting mask mandates by gov't entities. Every Texan has the right to choose whether they will wear a mask or have their children wear masks. — Greg Abbott (@GregAbbott_TX) July 27, … Read more

Just How Transitory is Inflation?

by Michael Lebowitz Just How Transitory Is Inflation? Would you buy a five year CD paying 5%? We would be shocked if anyone answers “no.” On a relative basis, versus other fixed-income options, a 5% FDIC guaranteed CD is a no-brainer. However, to properly evaluate the CD or any investment, we need to factor in … Read more

Danielle DiMartino Booth offers an insider’s take on the Federal Reserve’s economic plans

Boom Bust, Released on 7/27/21 As the United States continues to recover from the pandemic’s economic strain, the nation’s central bank is debating its next moves forward. CEO of Quill Intelligence Danielle DiMartino Booth offers an insider’s take on the Federal Reserve’s economic plans. Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence … Read more

Housing Market – This Time it is Different

by Martin Armstrong Housing prices have surged at rates not seen since the lead-up to the 2008 financial crisis, according to global data. This has led to questions of whether the housing market is in a bubble that could burst. However, there is one thing that is very clear. This is an entirely different run-up … Read more