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Wall St. For Main St., Released on 3/1/21 In the last week Lyn Alden Tweeted how the Fed could be aggressive and do another Operation Twist to try to cap long term US Treasury yields rising. Tweet here: https://mobile.twitter.com/LynAldenCo… Sign up for Lyn’s free global macro newsletter here: https://www.lynalden.com/ However, an Operation Twist of the Fed switching … Read more
By Charles Kennedy Brazos Electric Power Cooperative Inc., a power supplier in Texas, has filed for bankruptcy protection in the wake of the energy crisis brought on the state by an Arctic weather spell last month. Reuters reports that the power cooperative was forced to file for Chapter 11 protection because of a $1.8 billion bill that … Read more
by Ethan D. Mizer, Financial Sense We recently interviewed the legendary and longtime fund manager Felix Zulauf at Zulauf Consulting to discuss his outlook on the economy, the markets, commodities, and much more. Felix explained how we are in what he calls the fourth bull cycle since 2009, what that means for how much longer the stock market … Read more
BY JOHN RUBINO Media gatekeepers are desperate for an excuse to set up a “Ministry of Truth” with themselves in charge. Matt Taibbi (a real reporter) explains why the mainstream media has lost the right to demand this kind of respect. Here’s an excerpt: In Defense Of Substack UCLA professor Sarah Roberts, co-leader of something called the … Read more
I am not here to pile-on this poor guy. But somewhere along the line doesn’t someone in the student loan biz ask, how much student debt you currently have? Blame all around for these kinds of scenarios, and I put the colleges at the top of the list. Crack open those billion dollar endowments and … Read more
The National Shooting Sports Foundation, the trade association for the firearm industry, is focusing on former Vice President Joe Biden’s radical antigun campaign promise to ban, register and confiscate the most popular selling centerfire rifles – the modern sporting rifle – sold in America today. Biden borrowed a page from the failed campaign of Robert … Read more
by Jim Quinn How many articles were written by the NYT, Washington Post, and other State media trying to make Sweden’s approach to a flu appear to be disastrous? Nothing but hot air and blatant lies. Sweden was right and they continue to be right. The UK and US have turned their countries into Orwellian … Read more
By Tsvetana Paraskova Saudi Arabia’s unilateral additional cut in oil production sent the total OPEC output down by 870,000 barrels per day (bpd) in February, the first monthly drop in the cartel’s production since June last year, the monthly Reuters poll showed on Monday. The total crude oil production from all 13 OPEC members stood at 24.89 … Read more
https://twitter.com/MFHoz/status/1366448622913609728 "The battle is on as the market attacks the forward guidance policy of the world’s central banks. Lower for longer will be the RED LINE for Powell and his international cronies. The test of wills has begun."https://t.co/2BA5ccKfB8 pic.twitter.com/ao7VSVigG7 — M/1_LP (@MI_Investments) March 1, 2021 GLOBAL 🌎 FOOD PRICES pic.twitter.com/Cmr1a0Tsj9 — Win Smart, CFA (@WinfieldSmart) … Read more
by moazzam0 As many of you rightfully complain, Buffett has failed to find elephant deals for many years. He’s complained himself about this every year and warned every year that BRK will lag SPY in the short term. In the meantime, he’s fiddled with new ways to put the cash to use with sector bets … Read more
The Oklahoma House of Representatives on Thursday approved legislation that would limit the power of President Joe Biden’s executive orders in the state. HB 1236 would allow the state Legislature to review each executive order to determine whether the Oklahoma attorney general should decide if it is constitutional. If the attorney general decides not to … Read more
“[A] Republican president will make a triumphant return to the White House. And I wonder who that will be? I wonder who that will be? Who, who, who will that be? I wonder.” Said Donald Trump, near the end of his CPAC speech yesterday (transcript). There’s coy cuteness in the repeated “wonder” and the repeated … Read more
FLASHBACK: Trump would have won 311 Electoral Votes if media wasn’t biased: Survey. “The liberal media’s efforts to hide Joe Biden-related scandals from voters and bury good news about the Trump administration cost the president the election, according to two new voting surveys. Had voters known about troubling issues swirling around the Democrat and some of the … Read more
“Blame Trump” Defense Not Working Out Well For Rioters. More than 250 people have been charged thus far as a result of the January 6th riot on Capitol Hill. Most are facing multiple, serious felony charges that could result in lengthy jail terms. More are expected to be arrested as the investigation continues. One thing … Read more
by Shaun Richards The weekend brought some familiar economic news from the UK which has had a familiar effect. UK homebuilders (Persimmon, Taylor Wimpey, Barratt) at top of FTSE 100 today +5% ahead of #UKBudget and reports of a new mortgage grtee scheme ( @CNBCJou ) The Financial Times took a slightly different tack and left us … Read more
The end of the party looms for markets high on stimulus. An economic boom could make last year’s gains go flat for investorshttps://t.co/JZOT9Le8mb • #WarrenBuffett warns of ‘bleak future’ for debt investors. Bonds are not the place to be these days’…https://t.co/ml4Iwwu6cO https://t.co/cmg0nvBk4G pic.twitter.com/F0Qc2qGShW — Mo Hossain (@MoHossain) March 1, 2021
by thefoodboylover https://digesttime.com/2021/02/28/after-buffett-charlie-munger-compares-bitcoin-to-louse-and-suggests-it-will-fail/ Charlie Munger, a famous investor and vice president of Berkshire Hathaway, followed in the footsteps of Warren Buffett by harshly criticizing Bitcoin at the Daily Journal Corporation’s annual meeting on Wednesday, February 24. In one of his statements, he quoted English writer Samuel Johnson when asked what was worse: Bitcoin or Tesla: “Sir, … Read more
by vipnasty https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/all-pes-are-not-created-equal This article is a little dated, but very relevant to investors starting out. All too often I’ll see comments indicating it isn’t good “value” based on some arbitrary P/E. A company can appear to be more “expensive”, but still generate better returns than a similar company that trades at a lower P/E, … Read more
