Charts For A Crazy World: Hot Money Spawns Weird Trends

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BY JOHN RUBINO This is a time of almost supernaturally-easy money. US financial conditions, in fact, have never been this accommodative, which is why junk bonds, CLOs, NTFs, cryptos, and meme stocks have been able to attract so much hot money. But the velocity of money – i.e., how often a given dollar is spent in a given span of time – has … Read more

Supermarkets are Shuttering Their Stores

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Supermarkets in the Southeast and elsewhere are shuttering some of their stores. I guess there won’t be a need for that many supermarkets once the injections do their jobs. I do not buy the media line on other reasons as to why they are closing. Not as many people = Not as many stores needed… … Read more

VIDEO: “LA is starting to look post-apocalyptic”

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https://streamable.com/uyc4ic# @iamsikora All that glitters is not gold. Welcome to LA. #HOLLYWOOD #homeless #sad #reality #epidemic #mayorgarcetti #help ♬ What Is Happening? – Kevin Riepl It is difficult to comprehend how truly apocalyptic the homeless epidemic in Los Angeles is unless you see it with your own eyes pic.twitter.com/qGl2vBdvjr — No Time For This (@NoTime_ForThis) … Read more

$SPX vs regression to trend. Highest extension by far exceeding the years 2000 and 1929, now at 169%.

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https://twitter.com/NorthmanTrader/status/1400783910032842752 *Mester: Fed Policy Is Not Driving Current Pockets of Market Excess pic.twitter.com/hpcZa19wTW — zerohedge (@zerohedge) June 4, 2021 https://twitter.com/zerohedge/status/1400816458909765638 $spx vs $vix pic.twitter.com/rgWXpzlXJA — Álvaro Oviedo (@alvoviedo) June 4, 2021 Dirt cheap pic.twitter.com/wPNGR5lZSG — Not Jim Cramer (@Not_Jim_Cramer) June 4, 2021

Facebook Amazon Google Twitter ect ect ect suing Florida over anti-deplatforming social media law, freadom of speach or something?

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Two technology grade groups backed by Amazon, Facebook, Google, and Twitter among others, on Thursday challenged the constitutionality of a new Florida law, SB 7072, that prohibits social media companies from deplatforming state political candidates and establishes a right for citizens to sue over platform moderation decisions. SB 7072 [PDF] was signed into law on … Read more

Whenever someone tries to tell you science isn’t political — this is the only response you need

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The scientific community, including those in the literal government, did not want to engage with the idea because they were so politically motivated. The only reason the lab leak possibility has become acceptable is because people outside of the community did their work for them They were so blinded by ideology they were willing to … Read more

Pennsylvania Legislative Delegation Sits Down with Arizona Lawmakers to Discuss Election Integrity And Replicating the Audit

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https://twitter.com/AuditWarRoom/status/1400117458720018437 https://www.thegatewaypundit.com/2021/06/happening-now-pennsylvania-legislative-delegation-sits-arizona-lawmakers-discuss-election-integrity-replicating-audit/ This is huge. We will be coming around the mountain when we come. pic.twitter.com/LScbZG30zs — Senator Doug Mastriano (@SenMastriano) June 2, 2021     h/t Dan

A Couple Things About Inflation

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by Charles Hugh-Smith The higher they push phantom “assets” based on exponential increases in leverage, the greater the air gap between essential tangibles and fantasy. Inflation is in the news, but there are a couple of things about inflation that don’t get much coverage. Let’s start with the trope that inflation is always a monetary phenomenon. Actually, no. When … Read more

New Oregon Law Seeks To Ban Meat

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Oregon Bill IP13 would criminalize raising food animals in the state, and reclassify animal husbandry practices as “sexual assault.” The bill specifies that animals can only be eaten after dying of natural causes (at which point, aged/diseased meat is not good). Oregon’s 12,000 beef producers raising about 1.3 million head of cattle are slated for … Read more