Market keeps assuming the Fed is going to make moves off of their forecasts. They’re done with that, they know their forecasts suck. The new Fed policy is wait until something happens then hike rates or end QE.

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https://twitter.com/GreekFire23/status/1372247867214204932 Fed Projects Inflation at 2.4% in 2021, Up From Earlier 1.8% Estimate — *Walter Bloomberg (@DeItaone) March 17, 2021 FED WILL CONTINUE TO INCREASE BOND PURCHASES BY AT LEAST $80 BLN/MONTH OF TREASURIES AND $40 BLN/MONTH OF MBS UNTIL 'SUBSTANTIAL FURTHER PROGRESS' MADE ON MAXIMUM EMPLOYMENT AND PRICE STABILITY GOALS — First Squawk (@FirstSquawk) … Read more

It’s a MIRACLE! Biden Advisor Just PRAISED Trump on Live TV

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https://www.youtube.com/watch?v=3PyGYtK2gB4 Kyle Becker from Trending Politics reports, It seems almost impossible in America’s hyper-partisan political environment that anyone working under the Democratic presidency would give credit to the prior Trump administration. Read More/Source/Credit/FairUse: https://trendingpolitics.com/watch-biden-adviser-give-trump-credit-for-great-thing-he-did-for-the-american-people-knab/

The Everything Bubble Burst! Stocks, Housing And Bond Markets Will Collapse Simultaneously

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The Everything Bubble never seemed so close to explode. The stock market crash, the housing bubble burst, and the bond price collapse are likely to happen simultaneously, causing an astronomical blowup that will certainly trigger the next financial crisis. Throughout the past year, the Federal Reserve’s monetary policies managed to expand multiple bubbles at the … Read more

A just released Bank of America survey of fund managers shows the risk that 220 panelists surveyed fear most is higher than expected inflation.

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A just released Bank of America survey of fund managers shows the risk that 220 panelists surveyed fear most is higher than expected #inflation. This contradicts Fed Chair Powell’s claim that inflation expectations remain well anchored at 2%. We’re adrift in a sea of inflation. A just released Bank of America survey of fund managers … Read more

Taibbi Asks: Without Trump, Is A “Depression In Television” Coming?

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Authored by Matt Taibbi via TK News Variety just published a graph that should horrify cable news executives: Yikes. https://t.co/dTwyOEI6ue pic.twitter.com/Zel6erjzrj — Noah Rothman (@NoahCRothman) March 12, 2021 This data, showing significant declines in all of the major primetime cable news shows, came in a piece called, “Cable News Ratings Begin To Suffer Trump Slump.” Gavin … Read more

Stock March Madness – Who you got?

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by Matthew Levy, CFA Prepare yourself. March Madness could be here. No, I’m not talking about the college basketball tourney either. Stocks will be hanging onto Jay Powell’s every word and every breath on Wednesday (Mar. 17) and scrutinize his thoughts on interest rates and inflation. Pretty much, we’re the Fed’s hostages until this thing gets … Read more

UN Sustainable Development Goals: How Companies Stack Up

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by visualcapitalist Environmental, social, and governance (ESG) investing witnessed a breakthrough year in 2020 with the most fund inflows on record. Importantly, for companies that are judged according to ESG metrics, one way to track their progress is through their alignment to the UN Sustainable Development Goals (SDGs). Established in 2012, the UN SDGs are a … Read more

Anyone wondering why JPMorgan Chase & Wells Fargo are holding stimulus checks until March 17, look no further than this. Each bank makes around

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Anyone wondering why JPMorgan Chase and Wells Fargo are holding stimulus checks until March 17, look no further than this. Each bank makes around $5,000,000 per day on overdraft fees. Since this is getting some attention, I’ll just say: 1. Banks, take a hard look at your overdraft fees and policies 2. Please keep wearing … Read more

The biggest US mass shooting of 2021 just happened in Chicago, it’s barely covered by the news.

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CHICAGO (WLS) — Exclusive video shows the moment when someone fired shots inside a warehouse party on Chicago’s South Side over the weekend. The scene was chaotic, with bullets flying as people ran for cover. Now the mayor plans to hold the owner of that building responsible. The large party inside of a warehouse on … Read more

100 million Americans in path of dangerous severe weather, tornado outbreak

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AccuWeather forecasters warn that a dangerous severe weather outbreak could put at least 17 states and more than 100 million Americans at risk across the United States this week. Severe thunderstorms will erupt each day through Thursday across parts of the southern U.S., with the greatest threat and potential for tornadoes Wednesday, lasting well into … Read more

A Hacker Got All My Texts for $16: A gaping flaw in SMS lets hackers take over phone numbers in minutes by simply paying a company to reroute text messages.

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I didn’t expect it to be that quick. While I was on a Google Hangouts call with a colleague, the hacker sent me screenshots of my Bumble and Postmates accounts, which he had broken into. Then he showed he had received texts that were meant for me that he had intercepted. Later he took over … Read more

Uber to pay UK drivers minimum wage, holiday pay and pension; Uber is to guarantee its 70,000 UK drivers a minimum hourly wage, holiday pay and pensions after a landmark supreme court ruling.

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Uber is to guarantee its 70,000 UK drivers a minimum hourly wage, holiday pay and pensions after a landmark supreme court ruling. The ride-hailing app said drivers would start benefiting from the changes from Wednesday while retaining the right to choose when they work, as it accepted they were classed as workers in line with … Read more