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the best performing financial asset of 2020 — and turmoil on commodity and equity markets continues. On the Comex market in New York, gold for delivery in June, the most active contract, fell by as much as $49.20 an ounce, or nearly 3% to $1,662.00 an ounce in morning trade, before paring some of those … Read more
https://twitter.com/SoLaTiDoBlades/status/1279162085591535616 http://archive.is/UTuUi
Watch the latest video at foxnews.com EXCLUSIVE — A woman who claims Ghislaine Maxwell raped her dozens of times – beginning when she was just 14 years old – says she is willing to take the stand and testify against Jeffrey Epstein’s ex-girlfriend. In an exclusive interview with Fox News, Jane Doe, who wishes to protect her identity, said Maxwell sexually abused … Read more
All five of Canada’s biggest banks are joining an international boycott of Facebook over concerns that the platform is complicit in promoting racism, violence and misinformation. Scotiabank, RBC, CIBC, BMO and TD have pledged to stop purchasing ads on the site for the month, aligning themselves with brands such as Lululemon Athletica and Mountain Equipment … Read more
By Wolf Richter for WOLF STREET. The Fed added some assets and shed other assets, and the net effect on the balance sheet for the week ended July 1, released Thursday afternoon, was that total assets dropped by $76 billion, after having dropped by $12 billion a week ago, and by $74 billion two weeks ago. That three-week drop of … Read more
Common Sense Is Hard People go to pubs without a mask, then shop without a mask, pump gas without a mask, get sick without a mask, infect others without a mask, then fill up hospitals at taxpayer expense https://t.co/tF3g5zds8a — Mike "Mish" Shedlock (@MishGEA) July 3, 2020 https://twitter.com/anilvohra69/status/1279131552002134016 #coronavirus #CoronavirusUSA #SARSCoV2 #COVID19 #COVID19USA Even the … Read more
“Modern monetary theory went from dream to reality in the space of 14-15 months.”@LeutholdGroup’s Doug Ramsey assesses whether the traditional warning sign valuation metrics still hold true in an economic setting where money printing has been crucial in holding off a recession: — Schwab Network (@SchwabNetwork) July 2, 2020 https://twitter.com/StockBoardAsset/status/1279159479653761024 Actions speak ! Yield curve … Read more
https://twitter.com/ThinkTankCharts/status/1279122036577767424 This marks the third straight week of contraction, this time around of around 1%. As of July 1, the Fed’s total balance sheet size declined by about $74 billion to $7.06 tn 2/ pic.twitter.com/Uq5bZ1waD2 — Jonathan Fortun (@econchart) July 2, 2020 VIX still high relative to rally pic.twitter.com/H3gjUNZ3uM — Win Smart, CFA (@WinfieldSmart) July … Read more
by Annapurna__ https://www.federalreserve.gov/releases/h41/current/ Scroll down to: 5. Consolidated Statement of Condition of All Federal Reserve Banks Key takeaways The new asset change was -$73B week over week. The balance sheet gets smaller for a fourth consecutive week. The Fed bought $15B in US Treasuries last week. The Fed sold $32B in MBS last week The … Read more
by Aegidius25 This Thursday the Bureau of Labor Statistics (BLS) released it’s monthly employment report. I’ve long had a problem with the numbers this government agency puts out. Over the years they have been brazenly manipulated and much of the data it purports to show isn’t much more than a glorified guess. The report is made up … Read more
https://www.benzinga.com/media/20/07/16472169/ubers-ex-chief-business-officer-isnt-a-fan-of-reported-postmates-deal is reportedly interested in acquiring rival Postmates for $2.4 billion. The company’s former Chief Business Officer Emil Michael was a guest on Fox Business to talk about the deal and the general state of the food delivery business. Michael On Uber Acquiring Postmates: Postmates is ranked fourth in the food delivery market, and an … Read more
by visvya Edit: I have become aware that Zillow has already launched paid listings in several markets. I guess it’s going well. 2020 has been a strangely good year for companies in the real estate business with demand for homes in many cities jumping. Record low mortgage rates and flexible remote work policies have led … Read more
https://twitter.com/HondoTomasz/status/1278678720543408129 Atlanta Fed GDPNow vs. U.S. GDP Growth: pic.twitter.com/OxnqE5fTWe — Michael McDonough (@M_McDonough) July 2, 2020 Initial jobless claims remain >1.4mn for yet another week. Continuing state level claims persist above 19mn again. Total claims move higher to 31.5mn. pic.twitter.com/xCa6HNcXCF — Joshua Steiner (@HedgeyeFIG) July 2, 2020 "I don't think I'm alone in expressing concern … Read more
I’ll add this. Fed has arranged structure that allows them to buy stocks once they announce it. https://t.co/mppkhSwGQt — Danielle DiMartino Booth (@DiMartinoBooth) July 3, 2020 Inflation is coming, but first another deflationary wave. Central Banks will try to inflate away the debt. Gold & Silver will become very cheap in the coming months. — … Read more
by Dr. Eowyn And to Hell goes America in the proverbial handbasket. Christine Rouselle reports for Catholic News Agency, July 2, 2020, that the city of Somerville, Massachusetts, has broadened its definition of domestic partnership to give polyamorous relationships the same rights as a married couple. The original draft of the city ordinance specified that a domestic … Read more
The climate craze has gone silent in favor of Corona fear. It was how they used to scare the kids into suicide and eternal depression. Soon, when Corona has run its course, they will roll it out… When they do, remember this whistleblower who came clean on a lifetime of fear mongering… h/t Venus230
HOUSTON, Texas (KTRK) — Just hours after George Floyd’s funeral service in Houston, the Harris County District Attorney’s Office said it’s dropping charges against 796 protesters in Houston. BREAKING: DA sources say @HarrisCountyDAO dropping charges against 600+ demonstrators arrested in Houston protests. @abc13houston pic.twitter.com/01ECfmGElz — Ted Oberg (@TedABC13) June 10, 2020 https://abc13.com/district-attorney-george-floyd-charges-dropped-protesters/6239927/
via gloomboomdoom: Monthly Market Commentary: July 1, 2020 I find the idea of defunding the police to be ludicrous. This particularly in the US where violence is so widespread. During Father Day weekend in Chicago, 103 people were shot, 14 killed, including a three-year old Black girl. According to Patrick Buchanan, “To pander to the militants … Read more
