QUICKEST RISE SINCE THE GREAT DEPRESSION: May CPI higher than consensus estimates at +5% y/y (+0.6% m/m) vs. +4.7% est. CORE CPI 3.8% ROSE TO THE HIGHEST LEVEL SINCE 1992

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May CPI higher than consensus estimates at +5% y/y (+0.6% m/m) vs. +4.7% est. & +4.2% in prior month; core +3.8% y/y (+0.7% m/m) vs. +3.5% est. & +3% in prior month … headline at highest since August 2008 & core highest since May 1992 pic.twitter.com/SM7ExrsJR0 — Liz Ann Sonders (@LizAnnSonders) June 10, 2021 Inflation … Read more

FACEBOOK plans first smartwatch — 2 cameras, heart monitor

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Facebook is taking a novel approach to its first smartwatch, which the company hasn’t confirmed publicly but currently plans to debut next summer. The device will feature a display with two cameras that can be detached from the wrist for taking pictures and videos that can be shared across Facebook’s suite of apps, including Instagram, The Verge has … Read more

WATCH Kayleigh McEnany Go SCORCHED EARTH on ‘Media Favorite’ Jen Psaki

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https://www.youtube.com/watch?v=7258J6MJSq8 Hank Berrein from The Daily Wire reports, Appearing on Fox News’ “Outnumbered,” former White House Press Secretary Kayleigh McEnany, discussed the report that famed photographer Annie Leibowitz, who had already taken photos for gushing profiles of Vice President Kamala Harris and former First Lady Michelle Obama, had gone to the White House to photograph … Read more

Meme Stocks Retreat

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from Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring … Read more

The War Over Genetic Privacy Is Just Beginning

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by John W. Whitehead “When you upload your DNA, you’re potentially becoming a genetic informant on the rest of your family.”— Law professor Elizabeth Joh “Guilt by association” has taken on new connotations in the technological age. All of those fascinating, genealogical searches that allow you to trace your family tree by way of a DNA … Read more

The Reaping! Fed’s Overnight Reverse Repo Hit New Record High Of $497.4 Billion (Fed Funds Effective Rate Only 6 Basis Points) 10Y Treasury Auction Sees High Yield Drop Below 1.5%

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by confoundedinterest17 This reminds me of the film “The Reaping.” The Fed’s overnight reverse repo facility hit a new record high on Tuesday, rising to an all-time high of $497.4 billion. The New York Fed conducts overnight reverse repo operations each day as a means to help keep the federal funds rate in the target range set … Read more

Biden to US Troops in EUROPE: “This is Not a Joke – The Greatest Threat Facing America is Global Warming” (VIDEO)

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https://www.thegatewaypundit.com/2021/06/biden-us-troops-not-joke-greatest-threat-facing-america-global-warming-video/ Joe Biden on Wednesday evening landed in the UK and addressed troops at Royal Air Force Mildenhall. Joe Biden’s speech was awkward and cringeworthy. Biden told the troops that he ‘keeps forgetting he’s president.’ Then he said this… “This is not a joke. You know what the Joint Chiefs told us the greatest threat … Read more

RINO Georgia AG Chris Carr Walks on Stage at GOP Convention – Gets hit with BRUTAL Backlash

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https://www.youtube.com/watch?v=yrR56FvO4yU Jim Hoft from The Gateway Pundit reports, In December 2020 Georgia Attorney General Chris Carr stepped down as chairman of a national group that advocates for Republican attorneys general. Carr cited a “significant difference of opinion” in the organization’s direction following a robocall that urged people to march to the U.S. Capitol on January … Read more

New York Times Claims Mara Gay’s Anti-Flag “comments on MSNBC have been irresponsibly taken out of context.”

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New York Times editorial board member Mara Gay's comments on MSNBC have been irresponsibly taken out of context. Her argument was that Trump and many of his supporters have politicized the American flag. The attacks on her today are ill-informed and grounded in bad-faith. — NYTimes Communications (@NYTimesPR) June 8, 2021 "I was on Long … Read more

El Salvador President Says They Will Now Become a Bitcoin Mining Nation Using 100% Renewable Energy from Their Volcanoes

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Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos 🌋 Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor 🇸🇻 pic.twitter.com/SVph4BEW1L — Nayib Bukele (@nayibbukele) … Read more

Cop uses pit maneuver on woman after she failed to pull over, crashes and flips SUV into median [VIDEO]

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She had her hazards on and wasn’t driving erratically… Totally uncalled for imho. Jail the cop. He had no call to do this. pic.twitter.com/KoRmZoz1Vt — Ian Miles Cheong (@ianmiles) June 9, 2021 A pit maneuver is considered deadly force, which is only justified if there is an imminent threat to life. Also, this happened in … Read more

BITCOIN CRASHING TO $16,000 WOULD BE COMPLETELY NORMAL IF WE LOOK AT ITS HISTORICAL PRICE ACTION

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by Chris Vermeulen of The Technical Traders Chris Vermeulen joins Greg Dickerson from Dickerson International for the first time to discuss the historical price action of bitcoin and what we can expect in the future. It may seem like the correction is over with bitcoin dropping 54% in a matter of weeks but when you look at its history, having … Read more

10Y Yields Plunge Below 1.50% As Record Short Squeeze Accelerates (Treasuries Resume Bull-Flattening Trend Ahead of 10-Year Auction)

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by confoundedinterest17 (Bloomberg) — The dollar slipped and benchmark Treasury yields slipped to a one-month low as investors braced for Thursday’s U.S. inflation report that may give clues on the direction of monetary policy. The greenback weakened against all of its nine developed-world peers. The 10-year rate traded a shade below 1.50%, at the lowest since May 7, … Read more