US Senator Tom Cotton has just called on the White House to send warships to the Black Sea. In addition, he wants to use the drone incident as an excuse to send cruise missiles to Ukraine, which the Armed Forces …
President Joe Biden’s proposed capital gains tax increase could result in an effective tax rate of over 100 percent after adjusting for inflation, according to estimates by economist Arthur Laffer, a former adviser to Ronald Reagan. The increase would more …
via revolver: The “First Amendment/meme” trial of Douglass Mackey continues in New York City. If you’re not familiar with the case, Revolver has been covering it closely. This is by far the most important “free speech” case in the United States …
Washington DC is abuzz with speculation over which Biden family member got a cut of a $3 million wire transfer to Hunter Biden associate John “Rob” Walker, just weeks after Joe Biden was no longer Vice President in 2017. According to House …
Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil Moody’s Analytics chief economist Mark Zandi thinks the Federal Reserve is unlikely to raise interest rates at its March meeting as there is a “boatload …
Prime Minister Chris Hipkins has copped criticism this week for tossing out a handful of climate-related policies, despite them having a marginal impact on total emissions. The real blow to New Zealand’s climate goals was dealt by his predecessor in …
By Graham Summers, MBA Tech is finished. Ever since the Great Financial Crisis of 2008, the Fed has been primarily in an accommodative framework. For most of 2008-2023, interest rates were at ZERO or 0.25%. The below chart shows where …
By Brandon Smith There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in California know as SVB (Silicon Valley Bank). SVB was the 16th largest bank in the US …
by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2023/03/Ukraine-Adviser.mp4 This is the former adviser to Zelensky, Alexey Arestovich, who quit in protest. He has publicly stated that “The west deceived Russia. They promised not to push NATO to the east, and they did. They turned …
via reason: Though Tuesday’s consumer price index report was in line with expectations, the Department of Labor’s data seemed once again to dash any hopes for a quick resolution to the inflation crisis that has strained Americans’ wallets for the …
"The equity market is realizing what the bond market has realized for the last few days," says @elerianm. "It's not just one or two institutions. What we saw is exposing something much bigger that we have to reprice to — …
via dailycaller: Fox News contributor Leo Terrell criticized San Francisco on Wednesday over proposals to give black Americans reparations. The San Francisco Board of Supervisors moved Tuesday night to accept a draft reparations proposal that would allow black Americans who …
That didn't age well AGAIN.😁#InverseCramer pic.twitter.com/C6gOV03QUw — Ken (@QuarkEntangled) March 15, 2023 25bps rate hike and it will buff right out *BANKS THAT ARE CREDIT SUISSE TRADE COUNTERPARTIES ACQUIRE CDS pic.twitter.com/tUvBZLaOgh — zerohedge (@zerohedge) March 15, 2023
by Dear-Ad-5972 The yield curve saw 7 out of 7 of the last recessions comming. At the moment we are deep in a negative yield curve. Look at 01.01.2007 in the chart. interest rates: 5.25% (on top, stop of raises) …
by Dismal-Jellyfish Source: https://fred.stlouisfed.org/series/CUUR0000SA0R We have lost .70 in purchasing power since November (56.8), February (56.1).
The yield for short duration 3 month US Treasury notes are higher than the 10 year yield, and are the highest they have been, meaning continued yield curve inversion. Yield curve inversion is touted as a preceding indicator for economic …
Nancy Pelosi Says We Need To Be Soft On China Because Climate Change pic.twitter.com/H1zIinI6F6 — RVM News (@redvoicenews) March 14, 2023
https://twitter.com/_/status/1635929788727664640 https://twitter.com/_/status/1635930219461726212 https://twitter.com/_/status/1635961401670770690 WHITE HOUSE'S KIRBY: U.S. DRONE HAS NOT BEEN RECOVERED IN BLACK SEA -CNN INTERVIEW — alfred (@macronewswire) March 15, 2023 h/t DOORBERT
“According to the latest reports, S&P has downgraded First Republic Bank’s rating to “junk.” S&P analysts Nicholas Wetzel and Rian Pressman wrote: “The bank’s business position will suffer after the volatile swings in its stock price and heightened media attention …
Libidos ran free in this lockup. Eighteen female guards and staffers were either fired or resigned from a cushy UK male prison for engaging in hookups and other steamy sessions with inmates, according to UK reports. The illicit activities at …
According to local sources, Iran has put its military forces on high alert. What is the reason for this is not specified. pic.twitter.com/RCK3LJeXGL — Open Source America (@USAopens) March 14, 2023 Iran will respond strongly to any plans to alter …
Seriously, this is f#cked up… https://twitter.com/_/status/1635485521525854211 https://twitter.com/_/status/1635486875463942145 h/t John Dutton
No more money for Credit Suisse That's what Saudi National Bank Chairman Ammar Abdul Wahed Al Khudairy told @youseftv when asked about more assistance for the troubled lender https://t.co/GFLboCOwyj pic.twitter.com/iSjco40v8D — Bloomberg TV (@BloombergTV) March 15, 2023 BREAKING: "Absolutely" not …
Moody’s cuts outlook on U.S. banking system to negative, citing ‘rapidly deteriorating operating environment’ In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part …
via dailymail: A record-high number of New York Police Department officers resigned in the first two months of 2023, startling new data shows. According to a new report, resignations among officers jumped 117 percent in January and February, already surpassing …
