Get this guy a nursing home!

As Boris Johnson finishes thanking the various leaders for joining them at the G7 meeting, Joe Biden interrupts and points & says “and the president of South Africa” even though Boris already thanked him by name. Joe Biden staffers (handlers) then quickly push the press out of the room. That’s how he won the election, … Read more

How to Prep for a Cyberattack

by Daisy Luther With cyberattacks becoming more and more frequent, we’re starting to see the exceptionally dangerous vulnerabilities in our infrastructure. From the person who hacked the municipal water supply in Florida to the Colonial pipeline attack to the cyberattack that took out most of the power to Puerto Rico, we’ve been shown that the possibilities are infinite. And with … Read more

Fed Starting Campaign To Taper Its Asset Purchases

by Lance Roberts  Over the last couple of months, the Fed started its campaign to prepare markets for a “taper” of its asset purchases. Michael Lebowitz noted that Jerome Powell repeatedly affirmed the Fed “isn’t even thinking about thinking about tapering.” “As Chairman of the Fed, his opinions take precedence over those from other Fed members. Regardless, other … Read more

Jason Burack: The Truth About “Transitory” Inflation

Wall St. For Main St., Released on 6/12/21 Is inflation “only transitory?” Is the May 2021 inflation numbers the peak for inflation? Consumer prices jump 5% in May, fastest pace since the summer of 2008 https://www.cnbc.com/2021/06/10/cpi-m… Shadow Stats 1980 CPI Inflation formula says 13% inflation (Updated June 10 2021): http://www.shadowstats.com/alternate_… Tavi Costa Tweet from June 10th, 2021 … Read more

It appears that global liquidity peaked 2mo back & is now evaporating

*Attn: for more info on today’s ‘inflation fade’ ~ here’s an article I wrote 3 weeks ago highlighting that the inflation trade was grossly overcrowded, leading to diminished upside (remember it’s about magnitude of correctness > frequency of correctness)https://t.co/LOgQZvijph — Adem Tumerkan (@RadicalAdem) June 13, 2021 #recession … #Fed/#Treasury Pushing on a String edition https://t.co/viie3rWp5y … Read more

They won’t raise rates until all billionaires are in space.

https://twitter.com/NorthmanTrader/status/1404202541999706116 #recession … #GFC2 US #inequality edition The rich get richer as yields go lower https://t.co/zAN8Tbf5LG pic.twitter.com/nksCZ7qjb0 — Invariant Perspective (@InvariantPersp1) June 11, 2021 Hedge funds continuing to boost their S&P 500 bets … positioning is most bullish since 2013 pic.twitter.com/6ElJTgVgwM — Liz Ann Sonders (@LizAnnSonders) June 14, 2021 Hyperinflation is everywhere… Miami discos will … Read more

Four Major Mistakes of the Rookie Traders

New traders do not have proper experience of trading so, they make huge mistakes. It is necessary to avoid repeating mistakes. But, when a person cannot able to do so, he will face failure. Professionals have already countenance this phase and gain the proper knowledge on how to do fewer mistakes and attain the goal. … Read more

Bitcoin Head and Shoulders Top? Watch This Support Level!

by Kimble Charting Last November, we highlighted a cup and handle bullish pattern on Bitcoin that served as a base for a big rally. All together, Bitcoin rallied from roughly $4,000 last March to $64,000 this April! Wowsers! BUT… since peaking in April, Bitcoin has fallen over 50% to roughly $29,000. Cryptocurrency trading isn’t for the faint … Read more

Is Inflation Really Only Transitory? CPI Hits Record 5% Since 2008, But ShadowStats Says 13% Already

Is inflation “only transitory?” Is the May 2021 inflation numbers the peak for inflation? Consumer prices jump 5% in May, fastest pace since the summer of 2008 https://www.cnbc.com/2021/06/10/cpi-m… Shadow Stats 1980 CPI Inflation formula says 13% inflation (Updated June 10 2021): http://www.shadowstats.com/alternate_… Tavi Costa Tweet from June 10th, 2021 with chart of US base money … Read more

Americans’ Expected Change In Rent Over Next 12 Months Explodes

Americans' Expected Change In Rent Over Next 12 Months Explodes pic.twitter.com/dBkqdHPzEY — Not Jim Cramer (@Not_Jim_Cramer) June 13, 2021 Consumer Sentiment towards buying a home goes into freefall pic.twitter.com/p4RH863DTK — Not Jim Cramer (@Not_Jim_Cramer) June 11, 2021 Real Central Bank Rates (rate minus inflation)…US: -4.9%Poland: -4.7%Brazil: -4.6%Saudi Arabia: -4.3%Canada: -3.2%Chile: -3.1%Malaysia: -3.0%Norway: -2.7%Eurozone: -2.5%Philippines: -2.5%S. … Read more

GTR: Texas Newspaper Refuses To Give Description Of Suspect In Mass Shooting Because Of ‘Stereotypes’

(The Daily Wire) A newspaper in Texas said on Saturday that it is not publishing the description that local law enforcement gave of a man suspected of shooting 13 people on Friday night because it “could be harmful in perpetuating stereotypes.” “Someone opened fire in a popular entertainment district in downtown Austin early Saturday, wounding … Read more