HOW THINGS WORK TODAY: “FDA officials told reporters Tuesday that they do not expect anyone at the FDA to be fired or reassigned over the infant formula shortages.”

WASHINGTON—The head of the U.S. Food and Drug Administration proposed consolidating the leadership of the food side of the agency Tuesday, in response to criticism of its slow response to the baby formula shortages and other food safety concerns. The …

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The S&P 500 has seemingly gone ‘all in’ on the soft landing playbook… ISM comes out, showing new orders collapsed in January…Wall Street insiders are selling more than they did in 2022!

“The S&P 500 has seemingly gone ‘all in’ on the soft landing playbook. Yet, this is incompatible with a chronically inverted Treasury curve, historically weak money growth, and sustained weakness in other leading indicators…We would hedge long equity exposure here:” …

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Biden’s handlers approve $2 Billion in aid to Zelensky, including long-range missiles capable of hitting deep inside Russian territory

“President Joe Biden’s administration has reportedly decided to send longer-range rockets to Ukraine, giving Kiev’s forces the capability to hit targets farther behind the frontlines, just as a top Ukrainian intelligence official threatened more strikes deeper inside Russia. The gift …

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Home Builders reporting 40% CRASH in Sales. Yet their stock prices are increasing. Near all-time highs. Might be the biggest Stock Bubble out there right now.

1) Homebuyer Demand for Builders (measured by Buyer Traffic) is hovering near the lowest levels EVER right now. Comparable to 2007-12 Housing Crash. And April 2020 when lockdowns meant no one could tour building sites. pic.twitter.com/HJzx91Akzx — Nick Gerli (@nickgerli1) …

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