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By Egon von Greyerz When will the wax melt that holds up the global economy? Hubris is driving humans and markets ever higher and closer to the sun. The higher everything goes, the greater the risk that the wax melts and the wings that are supporting the global economy just fall off and everything crashes to … Read more
by Michael Snyder As if we didn’t have enough weird things going on, now birds are suddenly dropping dead in large numbers all across the eastern half of the country. Before they die, a lot of these birds are exhibiting very strange symptoms. Experts are telling us that in many cases birds are developing “crusty … Read more
by UPFINA Businesses obviously have high inflation expectations now because prices have increased due to supply chain issues. However, inflation will normalize soon. As you can see from the chart below, business inflation expectations correlate with monthly core PCE inflation, but only for about 9 months. It’s not a surprise companies can only see the short … Read more
(Bloomberg) — For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s Chicago apron business into a medical supplier that ranked among the nation’s largest private companies. But soon after Democrats turned their attention toward raising taxes for the wealthy this year, the family signed a deal to cash … Read more
https://www.bloomberg.com/news/articles/2021-06-22/microsoft-rallies-to-join-apple-in-exclusive-2-trillion-club Microsoft Corp. took its place in the history books as just the second U.S. public company to reach a $2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world. Its shares rose as much as 1.1% to $265.64 on Tuesday in New … Read more
https://citizenfreepress.com/breaking/never-seen-this-kind-of-crime-in-chicago/
If 2020 was the year the health crisis tumbled the economy, 2021 is the year of stressed supply chains, widespread shortages, and rampant inflation. Most of the U.S. industries are still feeling the cascading effect of global supply chain disruptions, rising commodity prices, soaring freight costs, a computer chip shortage, and now an acute labor … Read more
by Peter Schiff of Peter Schiff Podcast Democrats using racism to pass the legislation they’ve always wanted. FULL SHOW NOTES AND LINKS HERE
The New York Times tested “more than 60 inches worth of Subway tuna sandwiches” from California locations to determine if the sandwiches had one out of five different tuna species The Subway tuna saga continues after a lab study found no evidence of tuna DNA following testing of Subway’s sandwiches and wraps. The New York Times commissioned … Read more
As homicides soar nationwide, mayors see few options for regaining control The killings rolled over the country like a fast-moving storm. From Savannah to Austin, from Chicago to Cleveland. In six hours one night this month, four mass-shooting attacks. And in their wake, a sober recognition from city leaders that they don’t have many options … Read more
by Sundance Simon Campbell, a resident of the Pennsbury School District in Bucks County Pennsylvania confronts the school board in an epic confrontation of their brutal censorship. Not only does Mr. Campbell bring the righteous indignation, he also brings the citations, documents and receipts; including the board’s own internal communication. Campbell later uploaded this speech … Read more
by JC1812 Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit starting in the summer of 2021. Half the total credit amount will be paid in advance monthly payments and you will claim the other half when you file your 2021 income tax return. We’ll … Read more
by confoundedinterest17 Rollercoaster! (Bloomberg) — Treasury traders are looking for Federal Reserve Chair Jerome Powell to provide some calm after a volatile few sessions that have sent yields on what one bank described as a “roller-coaster ride.” Ten-year yields have swung in a 25-basis-point range in the past three sessions, having initially been thrown higher by the Fed’s comments … Read more
via jimtreacher: Fauci could’ve started out in March 2020 by saying, “Please don’t wear masks because health care workers need them right now,” and that would’ve been justified. But he didn’t. He lied, and he’s still lying. That’s not our fault, it’s his. If Anthony Fauci was ever a scientist, those days are long gone. He’s … Read more
https://www.zerohedge.com/markets/americas-largest-landlord-just-got-bigger-blackstone-buys-17000-houses-6-billion Wall Street won’t rest until it become the biggest – and perhaps only – landlord in the US. At least that’s the impression one gets by observing the behavior of the two Wall Street “black” giants, Blackrock and Blackstone. As a reminder, the WSJ sparked widespread outrage recently when it exposed what most … Read more
Absolute freedom is as dangerous as absolute control. AC
2) he “brushed past a man” in his 50’s… who became case #4. Ummm, wow. 👀 pic.twitter.com/6gdvTCbJY3 — Eric Feigl-Ding (@DrEricDing) June 21, 2021 4) NSW health minister Brad Hazzard said the Delta variant which is behind this outbreak is a “near and present danger” given the fleeting contact between cases at the Bondi Junction … Read more
Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses EU probe increases scrutiny of Google’s leading role brokering digital ads across the internet The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of … Read more
