The Upper Income Class Spending Boom

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by UPFINA We are on the eve of the May BLS labor report which should show job creation rebounded following the much weaker than expected reading in April. This will come right before the Fed’s June meeting. It probably won’t impact the Fed’s guidance unless it misses or beats estimates by a lot. Everything supports the … Read more

No inflation? Family pack of ribeye at Wegmans has risen from $9 plus change to over $15 in about a year.

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Family pack of ribeye at Wegmans has risen from $9 plus change to over $15 in about a year. People should ask the @federalreserve to flesh out their theories of inflation being contained by asking, "Where's the beef?" — Dave Collum (@DavidBCollum) May 30, 2021 No inflation? Meat on top was purchased (and frozen) in … Read more

THE ENTIRE CRYPTO MARKET ON THE PRECIPICE OF DISASTER

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THE ENTIRE CRYPTO MARKET ON THE PRECIPICE OF DISASTER; MORNING IN BEIJING LOOMS * — The_Real_Fly (@The_Real_Fly) May 30, 2021 ugly chart pic.twitter.com/MbMLlpSjHB — Matt Barrie (@matt_barrie) May 30, 2021 #Crypto markets are selling during thin volume trade over the weekend again. Expect this to continue for the next 24 hours then dip buyers step … Read more

“Rather than putting the debt on a stable and then downward path, the President’s budget would blow past the prior record and increase debt levels to 117% of GDP by 2031.

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"Rather than putting the debt on a stable and then downward path, the President’s budget would blow past the prior record and increase debt levels to 117% of GDP by 2031. The national debt is on an unsustainable path and headed to uncharted territory".https://t.co/9PR6EmatsS pic.twitter.com/UfBJonRcl2 — Daniel Lacalle (@dlacalle_IA) May 30, 2021 Biden's budget plan. … Read more

What if the the spike in the usage of the reverse repo is actually a sign that the US #economy is reaching ‘debt saturation’?

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What if the the spike in the usage of the reverse repo is actually a sign that the US #economy is reaching 'debt saturation'? This would effectively spell the end of QE. 🥶🥶@kansikas_lauri @bondstrategist @farrisbaba @DiMartinoBooth @KellyCNBC #Fed https://t.co/ixbhIYTT0x — Tuomas Malinen (@mtmalinen) May 29, 2021 The Fed has been aggressively buying MBS (mortgage backed … Read more

Largest “Organic Food” Fraud In American History! Missouri Man Sentenced for Role In Massive Scheme

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https://www.youtube.com/watch?v=rUQ2_lYsaFM A north Missouri businessman who was involved in the largest organic fraud scheme in American history has been sentenced to probation and fined. According to KTTN, federal prosecutors in Cedar Rapids, Iowa, sentenced Steven Whiteside of Chilicothe to three years probation and a fine of 45-thousand dollars.- Learn More: https://www.zerohedge.com/commodities…    

Biden’s Top Intel Lawyer Pick Won’t Rule Out Working for China Again

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Christopher Fonzone, President Joe Biden’s nominee to serve as the general counsel for Director of National Intelligence (DNI) Avril Haines, previously worked for the Chinese government and Chinese telecom giant Huawei, and would not vow against doing so once again. During a May 18 Senate Intelligence Committee hearing Fonzone described his work for Huawei saying, “In … Read more

Scientists discover fully regenerating marine animal

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by: Divina Ramirez (Natural News) Certain amphibians, fish and other sea creatures can grow back missing limbs or damaged organs like brains and hearts. But one species of sea squirt, in particular, takes regeneration to the extreme, growing back entire organs even after being dissected into three separate, organless sections. Researchers from Tel Aviv University in Israel were shocked to discover that … Read more