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https://youtu.be/Edr2ptyQIa0 “I had several dinners with him hoping that what he said about getting billions for philanthropic health. It was a huge mistake to spend time with him and give him the credibility.” SOURCE
by mark000 https://www.devdiscourse.com/article/business/1680607-forex-dollar-firms-as-fed-members-talk-of-tightening Vice Chair Richard Clarida said conditions for an interest rate hike could be met in late 2022, setting the stage for a move in early 2023. He and three other Fed members also signalled a move to taper bond buying later this year or early next depending on how the labour market … Read more
On Wednesday, Kroger (KR) named former U.S. Transportation Secretary Elaine Chao to its board of directors, sparking a flurry of backlash on Twitter from its customers, many of whom said they will no longer shop at the grocer’s stores over the appointment. Chao’s role as on the board of directors at Kroger caught the attention … Read more
The new domestic “War on Terror,” kicked off by the riot on Jan. 6, has prompted several web giants to unveil predecessors to what effectively could become a soft social credit system by the end of this decade. Relying on an indirect hand from D.C., our social betters in corporate America will attempt to force … Read more
US Treasuries are telling us it’s a W-shaped economy @colbyLsmith @kateduguid @rbrtrmstrng https://t.co/wcJgrtAiD2 …contact act@liquidity.com for data and reports ? — CrossBorder Capital/ GLIndexes (@crossbordercap) August 4, 2021 Something going on here? Daily #European economic surprise data far weaker than latest business confidence data! Nasty surprise coming?? @johnauthers @rbrtrmstrng @RVAnalysis @ttmygh pic.twitter.com/ZoFe55HlGr — CrossBorder Capital/ … Read more
The cost of living is on the rise, calls for yet another wave of pandemic restrictions have begun and now, buried deep in the so-called bipartisan infrastructure bill, the left has laid out yet another idea to bring Americans to their knees. Make no mistake: The suffering is intentional, goal-oriented and not bound to stop anytime … Read more
NBC’s Saturday night telecast of the 2021 Woke Olympics hit the lowest number on record, according to Sports Media Watch (SMW). SMW writes: The Saturday audience ranks as the smallest on record for any night of competition at a Summer Olympics, falling below the previous mark of 15.0 million set last Wednesday.The Tokyo Olympics now accounts for … Read more
Conservatives won’t discuss the student loan debacle. Why not? Democrats created the mess. Never let a Democrat mess go to waste. Outstanding student loan debt is at $1.6 trillion, which used to be a lot of money until the Federal Reserve decided that the stock market must be saved at all or any cost. These … Read more
https://twitter.com/UCastellotti/status/1423370928025706503
https://www.youtube.com/watch?v=SK-DH_Vhuhs Martin Walsh from Trending Politics reports, U.S. Border Patrol agents are apparently “mass releasing” illegal immigrants out of Texas to destinations across the country. Read More/Source/Credit/FairUse: https://trendingpolitics.com/fox-news…
by Tom McClellan Low taxes are a big stimulus to economic activity. Everyone knows that. Curiously, not everyone understands that high taxes are a giant restriction on the economy. This week’s chart helps to offer evidence of that latter point. We have several decades of history to show us that jacking up tax collections to too … Read more
Fox 2 Detroit reported on a local business shutting down because of President Joe Biden’s policies causing an employee shortage, during a segment on WJBK’s (Fox) “Fox 2 News 10 PM” (Detroit, Michigan) on 8/5/2021. Be sure to like, subscribe, and comment below to share your thoughts on the video.
https://twitter.com/NorthmanTrader/status/1423240885614039044 https://twitter.com/MattBruenig/status/1423123895541026818 https://twitter.com/PriapusIQ/status/1423230688933957633 #recession … #GFC2 US #Corporate #Debt #Bubble edition$HYG $JNK 📉 https://t.co/3clHTT9QFS pic.twitter.com/qj4P4Q5nie — Invariant Perspective (@InvariantPersp1) August 5, 2021 Party like its 1999: S&P 500, Nasdaq Composite & 100 close at record highs. pic.twitter.com/LMzbKdN2BI — Holger Zschaepitz (@Schuldensuehner) August 5, 2021 https://twitter.com/NorthmanTrader/status/1423351888976691200
https://twitter.com/kaepora/status/1423205034548944901
by babyfacehodi Please, for the love of god, be kind to each other. Don’t let the media tell you to hate somebody for having a specific viewpoint and don’t let science tell you to hate somebody for having a specific viewpoint. This constant downpour of hate seems to all be being generated and manufactured online. … Read more
Timestamp: 1:05 Highlights: #1: “We will not accept rigged elections.” 1:49 #2: “President Bolsonaro is about to issue a decree to make sure that Big Techs will not censor conservatives in social media anymore.” 2:22 #3: “But it doesn’t go any further, they shut up one of us then appear one hundred. If they shut … Read more
by confoundedinterest17 There is good news from Freddie Mac today. Their 30-year mortgage commitment rate fell to 2.77%, the lowest in almost six months. The bad news? Consumers are going to need a bigger boat since the Case-Shiller national home price index is growing at 16.61% YoY. Thanks to the Federal Reserve chumming the waters.
by confoundedinterest17 Rather than fix their 2,500%+ inflation rate, Venezuela is simply dropping six zeros from their currency, the Bolivar. (Bloomberg) — Venezuela will remove six zeros from the bolivar in another attempt to save a currency that has been wracked by one of the longest episodes of hyperinflation in history. The central bank said it plans … Read more
Brokerage firm Charles Schwab has dubbed them “Gen I” or “Generation Investor” and they’re unafraid of financial risk. A company may go bankrupt? Who cares? Invest in it anyway. Learn why such cavalier attitudes may soon shift dramatically.
by: Stefan Gleason What happens when the debt comes due? It’s a question millions of Americans are grappling with in their personal finances. It’s also a multi-trillion dollar question facing officials in Washington, D.C. How they decide to answer it – or evade it, as the case may be – will have profound implications for … Read more