Jeffrey Gundlach discusses just how screwed up the U.S. economy really is

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DoubleLine Capital, Released on 6/18/21 (Recorded on 6/8/21) Recap of the Total Return presentation with Jeffrey Gundlach. *This webcast was recorded on June 8, 2021 Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have … Read more

Gov Ron DeSantis: Today, Florida prevailed in our lawsuit against the unlawful CDC order that shut down the cruise industry. This is a defeat for bureaucratic overreach, and a win for Florida jobs and tourism.

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https://www.flgov.com/2021/06/18/governor-desantis-wins-major-victory-to-protect-floridas-cruise-industry/ TALLAHASSEE, Fla. – Today, the federal district court in Tampa delivered a major victory for Governor Ron DeSantis against the Centers for Disease Control and Prevention (CDC) and its obstructionist No Sail Orders that have flatlined Florida’s cruise industry for over a year. Ruling in favor of Florida’s Motion for Preliminary Injunction, Judge Steven Merryday … Read more

Maryland high court upholds Baltimore billboard tax

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ANNAPOLIS, Md. (AP) – Maryland’s highest court has upheld a tax imposed by the city of Baltimore on selling billboard advertising. The Court of Appeals last week rejected arguments by Clear Channel that the tax violates constitutional provisions that protect freedom of speech. The appeals court ruled 6-to-1 that the tax ordinance was not subject … Read more

As civil asset forfeiture surpasses criminal theft FBI now seizing millions from safety deposit boxes without warrants. Who are the real crooks?

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In March of this year, the US Attorney in Los Angeles, California secured an indictment against a secure vault company, alleging the company was engaged in money laundering, drug trafficking, and hiding taxable assets. None of the company’s employees or owners were indicted. FBI agents spent five days turning US Private Vaults upside down. Agents … Read more

CNN’s Brian Stelter Should Take a Hint that his Show Sucks after New Ratings Come Out

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https://www.youtube.com/watch?v=h4E9eHsS1jE Becky Noble from The Political Insider reports, Brian Stelter, host of CNN’s media show “Reliable Sources,” once again failed to crack the 1 million mark in viewership for the 11th straight week. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/cnns-brian-stelter-continues-networks-ratings-dive-in-post-trump-era/?utm_source=home-headline-stories

Bulls cannot be happy about this…

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  Bulls cannot be happy about this. pic.twitter.com/NfFgOifsZe — Jim Carroll (@vixologist) June 17, 2021 Great reflation trade/steepener unwind well underway in Treasuries today. Post Fed 2-day curve flattening so far is sharpest since 2020 liquidity crisis. Some move👇 pic.twitter.com/6Wxgz50br2 — Edward Bolingbroke (@EddBolingbroke) June 17, 2021 https://twitter.com/QTRResearch/status/1405718992778579968 2020 Household debt growth(Source: Pictet)#China pic.twitter.com/GP7M7upbeJ — … Read more

URGENT: State of Emergency declared for Louisiana as tropical disturbance gains power. Residents move inland as landfall is expected Saturday!

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⚠️🇺🇸#URGENT: State of Emergency declared for Louisiana as tropical disturbance gains power#Louisiana l #USGovernor Edwards is urging residents to move inland as landfall is expected Saturday. New Orleans city officials are also showing concern of a possible ‘flood emergency’. pic.twitter.com/yQRqYcbZKL — Intel Point Alert (@IntelPointAlert) June 18, 2021   h/t Anonymer

Mark Cuban’s Titan Coin falls from $64.04 to $0.000000043348 in 24 hours

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Dear community, please withdraw liquidity from all pools. We will share a post-mortem as soon as we have a better understanding of this bank run. USDC collateral is available for redemption as normal:https://t.co/tOacyNUVeL Iron Finance Team pic.twitter.com/I9BAZReLHk — IRON Finance (@IronFinance) June 17, 2021 https://coingeek.com/mark-cuban-endorsed-token-titan-plummets-100/

Out Of Control Inflation, A Currency Crisis, An Economic Freefall, Runaway Central Bank. Mannarino

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The Chamber of Commerce has issued a National Economic Crisis statement for the jobs situation. Also, food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx of capital going into the stock market from institutions, money managers, corporations, individual retail investors, … Read more

One Day Later: Reverse Repos Soar And The 5Y30Y Treasury Curve Drops

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by confoundedinterest17 Yes, it is one day after Fed officials boosted the rate on its overnight reverse repurchase agreement facility by 5 basis points to 0.05% and decided to lift the interest paid on excess reserves by 5 basis points to 0.15%. The result? Reverse Repos soared. And the 5Y30Y Treasury curve declined. Long-term inflation breakeven rates … Read more

Doug Casey on Why This is the Decade of the Speculator

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via Internationalman: International Man: What is a speculator, and why do they have such besmirched reputations? Doug Casey: Let’s first define a few terms. Most people bandy words around without a precise idea of what they mean. If a person can’t define a word precisely, he actually can’t know what he’s talking about. Let’s start with … Read more

Biden’s Attorney General Reveals He’s Weak after Echoing Biden on “America’s Biggest Threat’

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https://www.youtube.com/watch?v=r3cQCcYD7ro Critstina Laila from The Gateway Pundit reports, US Attorney General Merrick Garland on Tuesday announced the DOJ’s national strategy for countering domestic terrorism. Garland said the biggest threat comes from white supremacists and spoke about the investigations related to the January 6 riot. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021…

Hollywood HORRIFIED When Jon Voight SHREDS Hunter Biden in New Video – This is EPIC

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https://www.youtube.com/watch?v=j_C-5qKZggw Becky Noble from The Political Insider reports, Veteran actor and Hollywood conservative Jon Voight blasted the media for their non-existent reporting of a recent story in which the son of Joe Biden, Hunter Biden, used the n-word repeatedly in a series of texts to his lawyer. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/holly…

Jason Burack: US Home Price Bubble? Rents For US Single Family Homes Rise Fastest In 15 Yrs!

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Wall St. For Main St., Released on 6/17/21 Rents for single-family homes just saw the largest gains in nearly 15 years https://www.cnbc.com/2021/06/15/rents… US house prices are being pushed up by pension funds that are outbidding middle class families and purchasing up to 24% of houses in some areas they then rent out https://www.dailymail.co.uk/news/arti… That Suburban Home Buyer … Read more

You Can’t Create Permanent Inflation From Artificial Growth

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by Lance Roberts Much like “Humpty Dumpty,” despite the Fed’s best efforts, you can’t create permanent inflation from artificial growth. Currently, depending on whether you are “bullish” or “bearish,” there is much angst over the prospect of higher inflation. If you are bullish, higher inflation is a reflection of surging economic growth. If you are bearish, higher inflation leads to rising costs … Read more