I condemn meddling in Syria’s civil war. I also condemn attacking a sovereign nation without authority. What authority does @POTUS have to strike Syria? Perhaps someone should ask his @PressSec today? https://t.co/nLxbZNLx4J — Rand Paul (@RandPaul) February 26, 2021 Related: ALL HAIL PRESIDENT BOMBS-AWAY BIDEN! U.S. Carries Out Airstrike Against Iranian-Backed Militia Target in Syria. Bombing … Read more
by John Mauldin Many analysts contend that current stock valuations resemble the dot-com era. You can see it visually at CurrentMarketValuation.com. Some highlights… The classic “Buffett Indicator” certainly seems to be in nosebleed territory. Notice that the valuations in 1966, the beginning of a long-term bear market, were also high. Source: CurrentMarketValuation.com Then there is the ever-popular price-to-earnings ratio. … Read more
by Martin Armstrong The House of Representatives passed legislation that prohibits discrimination on the basis of sex, sexual orientation, and gender identity, though it faces an uncertain future in the Senate. The legislation passed on a 224-204 vote which was mostly along with a party-line vote. Three Republicans voted with all Democrats. The bill is one … Read more
https://twitter.com/MarkGutman9/status/1365367729579053056
https://www.youtube.com/watch?v=l511LkiOPsA Cristina Laila from The Gateway Pundit reports, Ex-Capitol Police Chief Steven Sund dropped a bombshell on lawmakers on Tuesday in his opening statement during a hearing before the Senate Rules and Homeland Security committees. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021…
https://www.youtube.com/watch?v=6Dcb9ety8j8 Mike LaChance from American Lookout reports, In recent years, Democrats have embraced the radical left and there are consequences for this. Blue collar, working class people are now flocking to the Republican party. Read More/Source/Credit/FairUse: https://americanlookout.com/report-bl…
Ray Dalio is asking the questions here and giving historical context. Warren Buffett has sold stock in Apple, Wells Fargo, and other financial companies. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from … Read more
https://www.youtube.com/watch?v=U7IMqKVGPh4 John Hanson from The Political Insider reports, On Monday, “The View” co-host Meghan McCain said recent statements made by Dr. Anthony Fauci have led her to believe he should be fired and replaced by someone else who “understands science.” Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/meghan-mccain-says-dr-fauci-should-be-fired-and-replaced-by-someone-who-understands-science/?utm_source=home-headline-stories
Stansberry Research, Released on 2/25/21 China is on course to become the first country to roll out a digital version of its currency, our Daniela Cambone speaks with best-selling author Gordon Chang about the significance and importance of the move. “This is not a cryptocurrency— this is a central bank currency, which means the People’s … Read more
by Arkadiusz Sieron of Sunshine Profits Powell testified before Congress and reiterated the Fed’s dovish stance, but nevertheless, gold continued to slide. On Tuesday, Powell testified before the United States Senate Committee on Banking, Housing, and Urban Affairs. He offered no big surprises, so the markets were little changed. But the price of gold ended that day with a slight … Read more
By Irina Slav Oil prices are set to rise by the fastest rate since the 1970s over the next three years, Bank of America said in a new report, joining the growing group of analysts forecasting a return of oil to three-digit territory. The average price of Brent over the next five years, however, will … Read more
via instapundit: You do realize that the hypocrisy is the point? They can flaunt it like this and get away with it. It’s a power flex. And you keep acting like you’re making a difference by calling it out. THEY DON’T CARE. h/t Jake
Nearly one month after GameStop’s leap to record highs, Reddit traders are boosting the meme stock all over again. And just like in the January rally, short-sellers are hurting big. Investors selling GameStop short – betting the stock price would decline – posted $664 million in mark-to-market losses as shares of the gaming retailer rocketed … Read more
by John Rubino of Dollar Collapse California and Texas were, until very recently, the two best US states. The former is the richest and highest-profile, and home to Silicon Valley and Hollywood, while the latter is both huge and the place to which millions of Californians want to move. It’s not an exaggeration to say that as these … Read more
by Financial Argument via Financial Argument The Federal Reserve payment system Fedwire went down, freezing wire transfers between banks while I was editing this video. Also, It is a sign for collapse of banking system. It is very clear that something big is happening- perhaps they are trying out a new digital payment system or are trying to … Read more
It’s no secret by now that the rise of automation and robots is projected to displace millions of jobs in the coming years. Many low-skilled jobs will be wiped out because of robots, sending technological unemployment, the loss of jobs caused by technological change, through the roof. The latest installment of technological change leading to … Read more
by Matthew Levy, CFA Surging bond yields continues to weigh on tech stocks. When the 10-year yield pops by 20 basis points to reach a 1-year high, that will happen. Tuesday (Feb. 23) saw the Dow down 360 points at one point, and the Nasdaq down 3% before a sharp reversal that carried to Wednesday (Feb. … Read more
by Peter Schiff of Peter Schiff Podcast Jerome Powell becomes more dovish each time he speaks. US Dollar hits new low against Australian and Canadian Dollar. Technical charts show dollar heading towards a cliff. FULL SHOW NOTES AND LINKS HERE
by confoundedinterest17 How fast are interest rates rising? The 10-year Treasury yield is now higher than the S&P 500 dividend yield. Inflation-adjusted yields are rising. (REAL 10-year note yield). And the Hindenburg Omen is not flashing yellow or red. Interest rates are taking in us higher. GameStop update! Up to 142.44.
