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by Charles Hugh Smith via Of Two Minds The Fed will fail as a result of two dynamics: diminishing returns and the U.S. dollar’s role as a global reserve currency. The Fed’s reign as the godhead of financier-banker supremacy has been fun and games for the past 12 years of stock market euphoria, but that’s about to change. All those expecting … Read more
President Joe Biden signed an executive order Monday aimed at promoting the “Buy American” agenda he campaigned on last year, which seeks to bolster U.S. manufacturing through the federal procurement process. The executive order directs agencies to strengthen requirements about purchasing products and services from U.S. workers and businesses, cuts some red tape and creates … Read more
Yesterday, Melvin Capital got fleeced at their own game. Coordinated on Reddit retail investors were able to drive the stock at one point almost over $100/share to $160/share on the day for a company that has been in the news recently as another failing business amongst many closing hundreds of their buildings while wallstreet was … Read more
https://youtu.be/X3K_Zqs0FMg BFD
Week one in Office ___________________ Trump: 4 Obama: 5 Bush: 0 Clinton: 1 BIDEN? 33!!!!! “unity” https://www.cnn.com/2021/01/25/politics/biden-executive-orders-day-six/index.html
He has a plan? Former US President Donald Trump opened an office in Florida on Monday to continue his administration’s agenda and handle his duties as a former president. In a statement, the office said: “The Office will be responsible for managing President Trump’s correspondence, public statements, appearances, and official activities to advance the interests … Read more
The DOJ Office of the Inspector General (OIG) is initiating an investigation into whether any former or current DOJ official engaged in an improper attempt to have DOJ seek to alter the outcome of the 2020 Presidential Election. https://oig.justice.gov/news/department-justice-office-inspector-general-announces-initiation-investigation
Biden Secretary of State Pick Caught on Hunter’s Laptop, Linked To China! Tony Blinken, the Biden administration’s nominee for Secretary of State, managed a Joe Biden project that received millions of anonymous Chinese donor dollars. Blinken appeared a handful of times in emails found on Hunter Biden’s laptop agreeing to advise Hunter Biden when Hunter … Read more
by UPFINA We’ve discussed in prior articles how consumers aren’t leveraged. However, when someone loses their job even if they only owe a small amount on their credit cards, it becomes a big problem. Luckily, last year the government came to the rescue with very strong unemployment benefits that paid some people more than their normal … Read more
by Charles Hugh-Smith I’d say more about Big Tech but since they’ve ‘privatized totalitarianism’, I fear being ‘digitally disappeared’ if I dare criticize Big Tech. Mr. Bob Dylan was once again prescient: Everything Is Broken. You may think I’m referring to the political system or Big Tech or the Corporate Media, and certainly all those are … Read more
people are focused with netherlands but it is happening almost everywhere in europe.. https://t.co/GhFnKY1vf6 — Alessio (@AlessioTMAD) January 25, 2021
$GME is now a 20 SD event. pic.twitter.com/hY74mtV8Iu — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) January 25, 2021 pic.twitter.com/7kRp8K8ZCT — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) January 25, 2021 All you need to trade this market pic.twitter.com/TMwJF4rFMB — zerohedge (@zerohedge) January 25, 2021
by Baraxton Hey ladies and gents, hope you’re having a great weekend. Just dropping in a quick strategic analysis on Blackberry. The details of the discussion are applicable for the week ahead and can be found below: Expected move: +/- $3.00 Upper Expected move: $17.00 Lower Expected move: $11.00 Potential move: +/- $3.90 Upper Expected … Read more
The government can’t spend its way to prosperity. Janet Yellen’s plan to spend trillions more in stimulus and push for high taxes and a federalized minimum wage are reasons I voted no to confirm her as Treasury Secretary. pic.twitter.com/Z0DnVUQdwj — Sen. Marsha Blackburn (@MarshaBlackburn) January 26, 2021
by nafizzaki After Friday’s close, SI reached 70.97M from Jan 21’s SI of 70.46M. Institutional cost of borrowing also increased very slightly to 24.2%. GME SI left to the rightmost column(exported from ORTEX data) We know GME absolutely ripped in Friday due to gamma hedging. Some old shorts covering could have been the main reason … Read more
Investments are funny things. The higher the price, the more people want them. — Peter Atwater (@Peter_Atwater) January 25, 2021 Over 32 million call options traded today, the 2nd most on record (highest was in November) pic.twitter.com/l5GmKhZyNK — Sarah Ponczek (@SarahPonczek) January 25, 2021 INVESTORS ARE AGGRESSIVELY DOING LONG U.S. STOCKS AND EXPECT THE U.S. … Read more
CNBC, Released on 1/25/21 “It’s the classic parenting problem: take away the candy and you’ll get a tantrum. But keep on suppling candy, it doesn’t make things any easier,” Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge told CNBC’s “Squawk Box” Monday. “At some point you’ve got to really … Read more
by CeballaLight7 Was browsing Bidens website for his administration, there is article written by the AU or Americans United, they are a group that is run to eliminate religious intolerance across the US and fully separate church and state at the elimination of religious rights and stances by Political Leaders. They wrote a article stating … Read more
by Raúl Ilargi Meijer Ary Scheffer Faust in his Study c1840 The essence of the story of Faust is simple: He is a man who sells his -future- soul to the devil in return for short term gain, for riches “now”. But years later, the devil comes to collect his prize. Here’s a modern allegory. … Read more
https://twitter.com/disclosetv/status/1353763784817582080 On day one of #WEF21, we released our #InequalityVirus report: https://t.co/PxhTOk4dGT We learned it took just 9 months for the 1000 richest people in the world to recoup their COVID-19 losses. But it could be 10 years before the world's poorest recover. #DavosAgenda pic.twitter.com/5wozKXqqJP — Oxfam International (@Oxfam) January 25, 2021 h/t Craiglang