UGH: US Life Expectancy In 2020 Saw Biggest Drop Since WWII.
Life expectancy had been steadily decreasing since it reached its record peak of 78.9 in 2014, in large part due to increased drug overdose deaths, unhealthy lifestyles and suicides in the country. The CDC noted a decrease in drug overdose deaths in 2018, contributing to a higher life expectancy. Other factors include a 2.2 percent … Read more
Longest surge in food prices since 2008 hits poorest nations most
Longest surge in food prices since 2008 hits poorest nations mosthttps://t.co/dxuxIlsESs via @megandurisin @AggieDeSousa pic.twitter.com/JY30k6hWk6 — Zoe Schneeweiss (@ZSchneeweiss) March 4, 2021 Wanna know why governments and central banks are fighting deflation so hard? Because once you get into a deflationary spiral it could take decades to get out of them. — The Macro Pulse … Read more
Yields To Surge As Biden-Yellen Create Record Deficits
By Egon von Greyerz Well, right on cue, it looks like the endless creation of fake money by the Fed has now poisoned both the stock market and the bond market. The Dow was down 1,000 (3%) points in two days and the Nasdaq down 7% in two weeks. Gold and silver are also falling in … Read more
Fed Panic: Is Operation Twist 3.0 Coming?
In today’s show, you will learn what Operation Twist is and if it is soon to be announced, what the recent services and composite PMIs tell us about the health of the global economy, how ISM Manufacturing Prices Paid indicate a peak in Treasury yields, crude oil and the dollar, how Treasury yields are likely … Read more
We are going way lower than March 2020 soon?
Max margin debt, extreme low cash levels, no short sellers except bonds and Vix.. there will be no "correction" only financial hell. — Brando (@JungerCommando) March 3, 2021 https://twitter.com/vixsquared/status/1367242794062938114 https://twitter.com/vixsquared/status/1367242115864924160 JP Morgan Is Trying To Offload "Big Blocks" Of Corporate Manhattan Real Estate https://t.co/sVxCnf41Z7 — zerohedge (@zerohedge) March 4, 2021 The most reliable gains tend … Read more
Biden Administration Will Continue Chinese Tech Ban In Government-Should Cause Big Boom For US Based Drone Stocks As Well As Other Government Tech Products.
Looks like the Government bans on Chinese Tech will continue! Very good sign for the future of the Drone industry for US based companies considering how DJI dominated for years and many of those fleets have already been grounded and will have to be replaced. Should produce some pretty rapid growth! Anyone who is not … Read more
Hertz — The original meme stock — is turning out to be worthless (Bloomberg)
https://www.bloomberg.com/news/articles/2021-03-02/hertz-the-original-meme-stock-is-turning-out-to-be-worthless TL;DR: Hertz is probably the original meme-stock from last year. Hertz declared bankruptcy, and then for some reason, memers decided to buy the company anyway. Hertz jumped on the opportunity, issuing a secondary offering and raising $29 million before the SEC jumped in and declared the whole mess to be a bad idea. As … Read more
After much research I decided to try my first Options trade and immediately lost money because I am an idiot (lessons learned)
by psychohistorian8 Maybe/hopefully this can be a lesson to other newbies My very first trade was to go and sell a 3/12 Put (for .72 premium) But since I was nervous about my first ever options trade I set buy/close triggers if I incurred 20% losses beyond what I earned (so, buy back if … Read more
WARNING – Iceland is about to blow!
Warning! The ICAO airport code for @kefairport and #Reykjavik airport have been raised to Orange – which indicates a high likelihood of imminent eruption. Rescue teams are being put on standby. Coast Guard @gaeslan helicopter to fly over the area shortly. Press briefing scheduled for 1600 — Gisli Olafsson (@gislio) March 3, 2021 People are … Read more
When Does This Travesty of a Mockery of a Sham Finally Implode?
by Charles Hugh-Smith The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the rot with speculative bubbles. How many more times do we have to watch Jay Powell claim his speculative bubble isn’t a bubble, and that his massive expansion of billionaires’ fortunes … Read more
Terrorist attack in Sweden
Suspected terrorist launched attack around 3pm Wednesday in southern town He was shot in the leg by officers after injuring eight people with a blade Three victims suffered life-threatening injuries, another two in serious condition Suspect a 22-year-old Afghan national with drug convictions, local media said Eight people were yesterday wounded in a suspected terrorist … Read more
Elon Musk is a False Prophet of the Green Utopia
By Chris Black Who needs gas pumps when you’re constantly locked down? Yesterday I stumbled upon an interesting article about a California city which seems to be totally sold on Elon Musk’s pipe dream. More precisely, Petaluma’s City Council unanimously moved to ban new gas stations, and existing stations will not be allowed to add … Read more
Tennessee is one of the best fiscally managed states in the nation, why should we have to bail out the bad promises of Blue State politicians?
Tennessee is one of the best fiscally managed states in the nation, why should we have to bail out the bad promises of Blue State politicians? #BlueStateBailouts pic.twitter.com/ANPFEXkLtn — Sen. Marsha Blackburn (@MarshaBlackburn) March 3, 2021
Rotation: Tech into Value.
Berkshire Hathaway has outperformed the Nasdaq by 14% over the last month. This is the first time this has happened since 2010. Rotation: Tech into Value. pic.twitter.com/Uwskj0SWnR — The Bear Traps Report (@BearTrapsReport) March 3, 2021 Cathie Wood’s Ark Innovation Fund now in bear mkt territory. Has sunk 20% from peak as tech sells off. … Read more
Why big tech wants your phone in the trash
https://www.youtube.com/watch?v=s8qzRIC27Do The European Commission is rolling out “right to repair” rules that will require manufacturers to make parts and knowledge available to clients and third-party professionals to repair appliances and devices. RT America’s Faran Fronczak joins Rick Sanchez to discuss.
Personal finance tips you may not know, including tax hints
by yes_its_him A lot of personal finance advice is straightforward applications of math: Keep expenses less than income. Pay off highest interest rate debts first. Compound growth is your friend. Then there are legal requirements and benefits: Use tax-preferred retirement / HSA accounts. Keep insurance in force. Know how self-employment taxes work. This post is … Read more
Local TV journalist red-pilled
Kari Lake: “Journalism has changed a lot since I first stepped into a newsroom… I don’t like the direction it is going. …I’m sure there are other journalists out there who feel the same way.” https://www.youtube.com/watch?v=IVekS3eifvE&feature=emb_title
SILVER ALERT! Goldman Raids SLV’s 1,000oz Bars for COMEX Silver Delivery!
by Bix Weir of Road to Roota Goldman Sachs has shown itself to be one of the criminal silver price manipulation conspirators! Jeff Currie of Goldman has now made “false and misleading statements” as an Authorized Participant in iShares SLV. Now Goldman is raiding the SLV Inventories as they scramble for 1,000 oz. silver bars FOR DELIVERY ON … Read more
TREASURY YIELDS RALLY MAY TRIGGER A CRAZY IVAN EVENT (AGAIN) IN THE MARKET
by Chris Vermeulen of The Technical Traders Since shortly after the US November elections, my research team and I have been clear about our research and our belief that the bullish rally in the markets would continue to drive the strongest sectors higher and higher. In December 2020, we shared an article suggesting our proprietary Fibonacci Price Amplitude Arcs … Read more