“It’s not monetary policy that’s driving asset valuations.” —Jay Powell
by confoundedinterest17 Closer to home … How about commercial real estate? It could simply be correlation. Then again, maybe it is more than correlation.
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by confoundedinterest17 Closer to home … How about commercial real estate? It could simply be correlation. Then again, maybe it is more than correlation.
……Spiralling tensions have come to resemble the situation before World War II. …………… “I strongly hope that such ‘hot’ global conflict is impossible now. It would mean the end of civilisation,” he said. “But the situation may become unpredictable and spin out of control. There is a real danger that we will face a downturn … Read more
Louisiana Republican U.S. Sen. Bill Cassidy said President Joe Biden has put a target on the oil and gas industry that could destroy thousands of jobs and create a recession both at home and in America. Last week Biden enacted a 60-day ban on new oil and gas drilling permits and leases for federal lands and waters, including the … Read more
Sen. @tedcruz: “I am also growing increasingly concerned over the past two weeks of a pattern among Biden Admin. nominees of consistently moving towards and embracing the Chinese Communist Party.” pic.twitter.com/hYI8pnhZ1w — Forbes (@Forbes) January 28, 2021
Former US Rep. Tulsi Gabbard (D-HI) has been sounding the alarm over new “domestic terrorism” legislation introduced by Adam Schiff (D-CA) and highly charged claims by former CIA director (a partisan Democrat) that “even libertarians” are potential “domestic terrorists.” A police state is coming unless people like Brennan and Schiff are denounced by President Biden … Read more
https://web.archive.org/web/20210101002115/https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/C22B882BBDC40AC78525864F008106AB/$FILE/Yellen,%20Janet%20L.%20final%20278.pdf h/t –Transfer
https://twitter.com/jordylancaster/status/1354828740640071682 GameStop united the country at a time when nothing else could. — Chairman (@WSBChairman) January 28, 2021 Wall Street giants are calling foul after having been beaten at their own game by a bunch of guys on the internet. It’s hard not to cheer. “Robinhood customers took to Twitter to express their outrage surrounding the … Read more
by howmuch Natural disasters are sudden and terrible events in nature that cause widespread property damage and loss of human life. The coronavirus pandemic does not technically count as a true natural disaster. As if 2020 weren’t already one of the worst years ever, there was also substantial economic damage from more “traditional” natural disasters … Read more
by pdwp90 ROBINHOOD HALTS BUYING OF GAMESTOP AND OTHER HOT STOCKS, INFURIATING USERS: Robinhood also shut down buying of AMC (AMC), BlackBerry (BB), Bed Bath and Beyond (BBBY), Express (EXPR), Koss (KOSS), Naked Brand Corp (NAKD) and Nokia (NOK). Users can only liquidate or close positions. The GameStop stocks’ run was originally popularized by Reddit forum … Read more
https://twitter.com/EconomPic/status/1354845278386327552 https://twitter.com/MilwaukeeBonds/status/1354842609651490818 I got to say I LOVE LOVE what is going on with #wallstreetbets. All of those years of High Frequency Traders front running retail traders,now speed and density of information and retail trading is giving the little guy an edge. Even my 11 yr old traded w them and made $ — Mark … Read more
View post on imgur.com h/t Bundaga
Gamestop has recently been the subject of an incredible financial event. The struggling retailer has been weaponized against wallstreet hedge funds in a way that necessitates multi billion dollar cash bailouts, market manipulation, and perhaps even… SEC regulation as an army of retail investors take down some of the most powerful financial players in history. … Read more
by Doug Casey via International Man You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. This brief article will explain why the world’s banking system is unsound, … Read more
Financial Survival Network, Released on 1/27/21 1. Wild action continues this morning. Apparently, Gamestop (GME traded as high as $365.00 a share in the premarket. This is a roller-coaster ride that I have not seen before. The word on the street is that there are numerous hedge funds caught on the short side and someone … Read more
There is no price discovery in gold, says Lepard, adding that “it’s a paper market.” https://youtu.be/gaIioi-NJ7E https://www.rt.com/business/513867-gold-market-not-real/
by DCG For some time liberals have been fleeing to Austin, Texas. As Breitbart reports, many BigTech workers are now getting in on this movement, too. From their report: “Employees of tech companies in San Francisco, California, can’t leave the city fast enough, fleeing for the potential tech hubs of tomorrow such as Austin, Texas, and … Read more
BY JOHN RUBINO The mass migration out of corporate social media is happening for good reasons. If you’re sick of the censorship and concerned about the spying, just say goodbye to Facebook, Instagram, and Twitter. And join DollarCollapse.com at MeWe, the Facebook alternative that doesn’t censor or spy on its members. The DollarCollapse page, where content from … Read more
How do I know? Because the shoe-shine boy bull**** is going on again. Don’t get me wrong — I love the money to be made in the last phase of a blow-off like this and those with iron balls can make plenty of money on a crash too. Just be careful with anything that can … Read more
from Kerry Lutz’s Financial Survival Network Caution is the byword. Bonds are coming back to life and utilities are bouncing back. Defensive money is heading into safety. The markets need to take a break. Big volatility coming to the markets. The VIX can be deadly. Chris Vermeulen no longer trade it. Watch out for the Boyz. Investors have … Read more
by visualcapitalist 2021 has been touted as a year of change. And as far the pecking order of global wealth goes, the new year has already delivered. Just six days in, Elon Musk had already lapped Jeff Bezos to become the world’s richest person in 2021 with a personal net worth of $188 billion. How did this … Read more