Bank runs are contagious

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Pacific West Bank had to change the frontpage of its website to clarify that it has no relation to PacWest Bancorp, which is down 44% today. We live in a simulation. pic.twitter.com/omekxBlqgm — Genevieve Roch-Decter, CFA (@GRDecter) May 4, 2023 *MONEY MARKET HOLDINGS HIT RECORD $5.31T IN WEEK ENDED MAY 3:ICI Up $47BN in one … Read more

Apple earnings are out — here are the numbers

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https://www.cnbc.com/2023/05/04/apple-aapl-earnings-report-q2-2023.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard Apple reported earnings after the bell. Here are the results. Earnings: $1.52 per share vs $1.43 per share expected, according to Refinitiv Revenue: $94.84 billion vs $92.96 billion expected, according to Refinitiv Apple prepared investors for a down quarter in January. The company hasn’t provided formal guidance since 2020, but it gives analysts and … Read more

Michigan Governor Gretchen Whitmer accused of SPECIAL RELATIONSHIP with the CCP after eyeing major agricultural deal for land

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Take the time to follow @NFSCSpeak They are ALL OVER the CCP communist takeover.. — Chuck Callesto (@ChuckCallesto) May 4, 2023 Meanwhile in Montana https://news.mt.gov/Governors-Office/Governor_Gianforte_Bans_Foreign_Adversaries_From_Buying_Montana_Ag_Land “The new law defines foreign adversaries as “any foreign government or foreign nongovernment person determined by the U.S. secretary of commerce to have engaged in a long-term pattern or serious … Read more

Charles Hugh-Smith: What if the Fed has already lost control but nobody dares question the confidence in Fed omnipotence?

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by Charles Hugh-Smith When this bubble bursts, there will be no fourth or fifth bubble, there will only be rubble. The US economy and its financial system operate under the implicit belief that the Federal Reserve controls the direction of the economy and finance. This belief isn’t in Fed influence, it’s in Fed control: the Fed can reverse … Read more

Former Pfizer VP Dr. Mike Yeadon “We’re in the middle of the biggest crime in history. It’s global.”

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Former Vice President at Pfizer, Dr. Mike Yeadon: “We’re in the middle of the biggest crime in history. It’s global. It has the intent of control, removing everybody’s freedom, and will involve killing further millions, if not billions of people. It is long planned.” “If you comply with this tyranny, it will end with the … Read more

Obama-Appointed Supreme Court Justice Sotomayor Refused to Recuse Herself in a Case Where One of the Litigants Paid Her $3.6 Million Dollars

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SCOTUS Justice Sotomayor Refused To Recuse Herself In A Case Where One Of The Litigants Paid Her $3.6 Million Dollars. Remember that old adage about people who live in glass houses? Well, the Democrats are finding that out as they try to destroy the conservatives on the Supreme Court. As they try to make a … Read more

Israel: Rocket Barrages Launched From Gaza; IDF Conducted Airstrikes

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UPDATE: IDF says 4 rockets fired in latest barrage. 1 intercepted by Iron Dome defense system; 3 landed in open areas. https://t.co/cVCZzGqxDn — Moshe Schwartz (@YWNReporter) May 2, 2023 🔴 #BREAKING Sources tell i24NEWS Israeli army is prepared for rockets from Lebanon — i24NEWS English (@i24NEWS_EN) May 2, 2023 🚨 ALERT: Sources say Israel is … Read more

So the economy is doing fine although we lost more in bank crashes than in 2008/9 combined?!

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by Tiredworker27 “Combined, First Republic, Silicon Valley Bank and Signature Bank held more in inflation-adjusted assets than the 25 U.S. banks that collapsed in 2008.” https://t.co/o1ENhsZhU3 pic.twitter.com/J6999PswHa — Michael Jackson (@WorkMJ) May 3, 2023 Combined bank failure losses in 2008/9 adjusted for inflation were around 550 Billion. Within 2 years. Within 2 months the bank … Read more

Owner of Michigan Horse Farm Who Refuses to Sell Property to the Communist Chinese Is Notified SHE Is Under Investigation by Agency Tied to Dirty Democrat AG Dana Nessel

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The state of Michigan is currently investigating a horse farm after its owner held a rally against the building of an electric vehicle battery component plant that will be built by Gotion, a subsidiary of the Chinese company Guoxuan High-Tech Co. The MI Republican Party has long taken issue with Gotion, which has ties to the … Read more

Manipur: Curfew in Indian state after protests turn violent

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Manipur is a state in North Eastern India Manipur: Curfew in Indian state after protests turn violent The north-eastern Indian state of Manipur is under tight security after a tribal agitation ended in violence. Tribal groups were protesting against the demand for affirmative action by the state’s Meitei community. Manipur chief minister blamed the incidents … Read more

Thank you, Twitter for adding the Community Notes feature.

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I LIKE THESE IMPROVED TWITTER COMMUNITY NOTES: Teachers union President Randi Weingarten advocated for reopening schools with pandemic safety measures. She criticized the Trump administration’s 2020 calls to reopen schools fully, but it’s misleading to claim that she opposed reopening at all. https://t.co/Km8FkMkXd2 — PolitiFact (@PolitiFact) May 3, 2023 It’s nice to see the faux … Read more

When The Left Says You’re Being Paranoid It’s Only Because You’ve Figured Out What They’re Up To

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Not a Conspiracy Theory: Yes, the Government Will Be Coming for Your Gas Stove. Last January, when Consumer Product Safety Commission member Richard Trumka Jr. suggested that the entire U.S. could follow the lead of Berkeley, Calif., and ban the use of gas stoves, conservatives lit into the CPSC and Trumka for even suggesting such … Read more