Stephen K. Bannon went on an epic rant explaining how traders known as the apes are in populist holy war against Wall Street. “This is not about economics, this is not about finance,” Bannon said on War Room, Monday. “This is about power.” Bannon reveals how Wall Street is trying to protect its corrupt system by … Read more
by confoundedinterest17 Students, go to Fred and type in PPI Final Demand. Create a chart and choose Change From Year Ago. What you will find is that the PPI Final Demand is up 16.8% in May since the same month last year. Consumer purchasing power keeps declining since the creation of The Federal Reserve System in … Read more
THERE HE GOES AGAIN: White House walks back Biden’s Russia cybercriminal swap comments. President Joe Biden reportedly gave an impressively off-the-cuff response to a reporter’s question at the G7 summit’s conclusion over the weekend. When asked yesterday about Russian President Vladimir Putin’s recent offer to swap respective countries’ cybercriminals, Uncle Joe said he was “open” to … Read more
Boris Johnson insists to Joe Biden that he already introduced the president of South Africa to a G7 meeting. Read the latest from the G7 here: https://t.co/LLt2KjJhOE pic.twitter.com/mjwKvbvDo6 — Sky News (@SkyNews) June 13, 2021 Walking disaster pic.twitter.com/psVp9AyROn — Jack Posobiec (@JackPosobiec) June 13, 2021 WATCH: America’s cognitively compromised President confuses Syria with Libya THREE … Read more
The IRS said it is continuing to distribute federal stimulus checks to eligible Americans, with another 2.3 million payments issued on last week. Some of those payments include “plus-up” adjustments for people who received less money than they were entitled to in earlier checks. The latest round of payments is part of the Biden administration’s … Read more
https://twitter.com/disclosetv/status/1404720007767117826 h/t coorslight
(Bloomberg) — Real estate prices around the world are flashing the kind of bubble warnings that haven’t been seen since the run up to the 2008 financial crisis, according to Bloomberg Economics. New Zealand, Canada and Sweden rank as the world’s frothiest housing markets, based on the key indicators used in the Bloomberg Economics dashboard. … Read more
Greg Duell, the co-owner of Duff’s Famous Wings in upstate New York, told “Cavuto: Coast to Coast” on Monday that wing costs have increased by about 99% and attributed the spike in prices to the labor shortage at chicken farms as restaurants are reopening across the country. Duell, the owner of Duff’s in the Eastern … Read more
How do you sell more new vehicles when they last longer every year? You don’t! Over two decades of stagnation in vehicle sales interrupted by plunges. By Wolf Richter for WOLF STREET. The average age of all cars and light trucks on the road in 2021 in the US, regardless of how many times they have been traded, … Read more
This is weird… https://twitter.com/4_04_Not_Found/status/1404681499908182020 Tess
(CNN)The US government has spent the past week assessing a report of a leak at a Chinese nuclear power plant, after a French company that part owns and helps operate it warned of an “imminent radiological threat,” according to US officials and documents reviewed by CNN. The warning included an accusation that the Chinese safety … Read more
by Lance Roberts Bull markets always seem to end the same – slowly at first, then all at once. My recent discussion on why March 2020 was a “correction” and not a “bear market” sparked much debate over the somewhat arbitrary 20% rule. “Price is nothing more than a reflection of the ‘psychology’ of market participants. A potential mistake … Read more
Carnivore Trades, Released on 6/10/21 *** Big apologies on the audio. I had some issues with my software while recording which has caused me to do a ton of editing on this video but I have placed some subtitles the in places where audio cuts out. Should be all clear moving forward *** I would … Read more
The American people may be so immune to the ridiculous left-wing propaganda that networks like MSNBC and CNN churn out that they may be jaded by now. It may take a foreign press’s critique to wake people up about how absurd and unacceptable it all is. That is what Australian news channel Sky News did … Read more
President Joe Biden’s scandal-plagued son Hunter Biden is reportedly now engaged as a “full-time artist” and is working with Soho art dealer Georges Bergès to hold an exhibition in New York in the coming months, with prices for Hunter’s artwork ranging from $75,000 to $500,000, according to Artnet. Amid years of scandal, the 51-year-old Hunter Biden is apparently now “laying low” … Read more
by Arkadiusz Sieron, PhD With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more? Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI … Read more
Credit: creativeart via FreePik In today’s digital market, you need an Investor Relations (IR) website. Otherwise, you could be cutting yourself off from more than half of all prospective investors. That’s according to a report by PRNewswire, which asked investors if they would invest in a public company that didn’t have an IR website. A … Read more
Pet food brands are swapping meat proteins for insect-based products Companies are using black soldier fly larva, crickets and mealworms This move is to combat the 64 million tons of carbon dioxide emitted each year Using insects uses less land and water to produce pet food Pet food companies are swapping meat proteins for that of … Read more
Via ZeroHedge Earlier this year, none other than Michael ‘Big Short’ Burry confirmed BofA’s greatest fears, as he picked up on the theme of Weimar Germany and specifically its hyperinflation, as the blueprint for what comes next in a lengthy tweetstorm cribbing generously from Parsson’s seminal work, warning that: “The US government is inviting inflation with its MMT-tinged policies. … Read more
