by confoundedinterest17 Yesterday, I talked about negative real mortgage rates and BB corporate yields. Now we have this little diddy: SKEW just surged. The SKEW index is a measure of potential risk in financial markets. The SKEW index can be a proxy for investor sentiment and volatility. The Skew Index measures perceived tail-risk in the S&P 500. Tail-risk is … Read more
Greek government gives a “freedom pass” worth of 150 euros to all young people between 18 – 25 who choose to get the jab. This is the pathetic “brainwash” TV spot. AC
I’m so old I remember when CNN was good. AC
FRANCE – Moron trying to get a selfie causes Tour de France fiasco. pic.twitter.com/t1OnrHEF1O — ShatteredWorldMedia 🌐 (@MediaShattered) June 26, 2021 An oblivious and careless fan set off a horrific mass crash just as the famed annual multi-stage Tour de France was getting underway on Saturday. The fan was seen essentially posing for a selfie … Read more
https://www.youtube.com/watch?v=7BFdGhUNxNM Nick Monroe from The Post Millennial reports, The differences in word choice took center stage in an MSNBC interview between host Stephanie Ruhle and Miami Police Chief Art Acevedo. “The idea behind Defund the Police is not to take money away from the police force, but to redeploy money in better, smarter ways to … Read more
Miriam Torres – who works at El Paso’s University Medical Center – told DailyMail.com that half her 30 beds are regularly taken by the migrants She said many of them are suffering broken legs, smashed spines and shattered hips due to falling off the border wall as they attempt to cross into the U.S. Torres … Read more
by Martin Armstrong This bipartisan deal on new infrastructure spending that President Biden has reached this week with a group of “moderate” Democrats and “liberal” Republicans in the Senate represents a significant departure with respect to the Internal Revenue Service. Hidden within the claimed “infrastructure bill” you find $40 billion to beef up the IRS … Read more
by Martin Armstrong I find it really amazing how these Democrats constantly preach fairness, equality and the rich are the blame for everything, yet people like Dianne Feinstein have just listed her $41M Lake Tahoe estate for sale. Their spouse is always extraordinarily lucky in deals that somehow connect back to political favors. Sen. Dianne … Read more
by Shaun Richards This morning has brought a curious intervention from the President of the Boston Federal Reserve. Eric Rosengren has been interviewed by the Financial Times and gets straight to it. A senior Federal Reserve official has warned that the United States cannot afford a “boom-and-bust cycle” in the housing market that would threaten … Read more
by The Phoenix So the Fed finally moved… but what precisely did it do? After a full year of the most extreme monetary policy in history, including… Over 12 months of ZERO interest rate policy despite the economy growing. Over $3 trillion in money printing. Buying corporate bonds, muni bonds, corporate bond ETFs, Treasuries, Mortgage-Backed Securities … Read more
A miniature planet — with a 600,000 year long orbit — will soon make its closest path to Earth since the days of the caveman. The space rock 2014 UN271 has already careened into the inner solar system and will reach its closest point to Earth in 2031, according to New Atlas. The celestial body … Read more
India is pissed about those drone attacks this morning — EndGameWW3 🇺🇸 (@EndGameWW3) June 28, 2021 (Bloomberg) — India has redirected at least 50,000 additional troops to its border with China in a historic shift toward an offensive military posture against the world’s second-biggest economy. Although the two countries battled in the Himalayas in 1962, … Read more
Norris, an outspoken Christian and long-time Republican, pointed out that Biden’s $6 trillion budget is “the largest in U.S. history” leaving the country with a national deficit of $1.931 trillion and a “gargantuan $28 trillion” national debt. He pointed out that the national debt was way smaller during the previous five years under former President … Read more
Inflation has been surging in the prices people pay for things whether that’s housing prices, real estate, stocks, lumber, copper, food prices, car prices. 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
by: Arsenio Toledo (Natural News) Google and Amazon are going to be investigated by the United Kingdom’s top antitrust regulator over concerns that the two American tech giants are not doing enough to crack down on fake reviews on their websites. On Friday, the Competition and Markets Authority (CMA) announced the move to probe Google and Amazon. The CMA began … Read more
If people think critical race theory is a “joke” and is not happening in schools – it is and it’s evident in the draft national curriculum, according to One Nation leader Pauline Hanson. “If people think it’s a joke, it’s not happening, it is because in the draft national curriculum it’s about this ideology, it’s … Read more
https://twitter.com/farrisbaba/status/1409479433745014784 Weekly VIX chart: line in the sand… pic.twitter.com/GtmRn5Paf5 — Julien Bittel, CFA (@BittelJulien) June 28, 2021 Short sellers are back as S&P 500 has hit new heights & on track to post one of best first halves on record. Bearish bets on SPDR S&P 500 ETF have climbed to 5% of its shares outstanding, from <2% … Read more
CBs have bought some $900mn worth of financial assets every hour over the past 15 month. Keep that in mind 👇H/T @themarketear pic.twitter.com/86u3C3LLsA — Menthor Q (@MenthorQpro) June 27, 2021 This just got updated 6 days ago. Heckuva job @federalreserve https://t.co/KshYO9GQqS pic.twitter.com/Kgt25qA8GL — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) June 27, 2021 WEALTH INEQUALITY 2020 … Read more
look at this absolute nightmare that resulted pic.twitter.com/3Nf2QFMqHu — Timothy Burke (@bubbaprog) June 26, 2021 https://nypost.com/2021/06/26/oblivious-fan-causes-horrific-tour-de-france-crash/
