Arizona GOP Lawmakers Strip Powers from Controversial Secretary of State Katie Hobbs

by

Arizona lawmakers voted Thursday to strip power from controversial Secretary of State Katies Hobbs. The measure was inserted into major budget legislation last week. Yahoo News reported: The Republican-controlled state Legislature in Arizona voted Thursday to revoke the Democratic secretary of state’s legal authority in election-related lawsuits, handing that power instead to the Republican attorney general… … Read more

The definition of Transitory is slowly changing to include a longer period.

by

The definition of Transitory is slowly changing to include a longer period. FED'S QUARLES: IF INFLATION DOES NOT SETTLE BACK DOWN CLOSER TO THE 2% OBJECTIVE IN A YEAR, THE FED HAS THE TOOLS TO ADDRESS IT. — Michael Lebowitz, CFA (@michaellebowitz) June 28, 2021 https://twitter.com/NorthmanTrader/status/1409520145043804162 why would anyone buy a 10-year bond yielding 1.5% … Read more

As Biden Criticizes Chinese Censorship, Beijing Paper Asks, ‘What About Trump’s Twitter Account?’

by

(CNSNews.com) – After President Biden in a statement Thursday decried the closure of a Hong Kong newspaper targeted for its criticism of Beijing, the editor of a Chinese state media outlet posted jeering tweets referring to President Trump’s ejection from Twitter. Global Times editor-in-chief Hu Xijian suggested that Twitter’s decision to permanently suspend Trump’s account following the January … Read more

Financial Crash Tweeted by Kiyosaki

by

The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. Bad news is the next crash will be a long one. Get more gold, silver, and Bitcoin while you can. Take … Read more

Political Hypocrisy On Inflation Lets Fed Escape Blame

by

by Peter Schiff of Peter Schiff Podcast Fed triples its estimated duration of transitory inflation. Republicans have no credibility to criticize government spending and money printing. Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation. Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment. … Read more

Harry Dent: “It’s A Reset Of All Financial Assets!”

by

The Income Generation Show, Released on 6/27/21 Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at http://www.harrydent.com called “Survive and Prosper.” Mr. … Read more

Fear! S&P 500 SKEW Index Highest In History (Near Historic Low Money Velocity And Historic High Fed Intervention)

by

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

Miami Police Chief SCHOOLS MSNBC Host on REAL Meaning of Defund the Police

by

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

Trauma nurse at Texas border reveals her hospital is full of migrants suffering broken legs, smashed spines from falling over the border wall

by

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

TAXES & the Risks Associated with The Infrastructure Deal

by

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

Dianne Feinstein lists $41M Lake Tahoe estate

by

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

Are US house prices facing a boom and then bust?

by

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