“Fed speakers have been united in the past few days, coming out against negative interest rates …It has not worked in Japan. It has not worked in Europe. I’m pleased that Powell said it will not happen”

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"Fed speakers have been united in the past few days, coming out against negative interest rates …It has not worked in Japan. It has not worked in Europe. I'm pleased that Powell said it will not happen"#CheddarBusiness #QuillIntelligence — https://t.co/q9WfpNRFDA pic.twitter.com/6578LCsEhv — Danielle DiMartino Booth (@DiMartinoBooth) May 14, 2020 https://www.youtube.com/watch?v=_mW4Fbt-BWs&feature=youtu.be

IT STARTS: US Grocery Costs Jump the Most Since 1974

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US grocery costs jump the most in 46 years, led by rising prices for meat and eggs The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April, the largest one-month pop since February 1974. The price of the meats, poultry, fish and eggs category rose 4.3%, fruits and vegetables climbed 1.5%, … Read more

Moving the goalpost: Los Angeles County may stay locked down through August

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by DCG Los Angeles County has a population of more than 10 million people. As of May 12, they had 33,180 confirmed cases of Wuhan virus which includes 1,613 deaths. You do the math. Yet even with these extremely small numbers, County Public Health Director Dr. Barbara Ferrer said the stay at home order will “with all certainty” be extended … Read more

Jason Burack: Emerging Markets Are The New Subprime?

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Wall St. For Main St., Released on 5/13/20 Jason talks about a lot of problems with emerging markets. The problems are so obvious that even Paul Krugman is now very worried about wide scale emerging market defaults https://finance.yahoo.com/news/paul-k… New Daniel LaCalle article on emerging market problems: Global US Dollar Shortage Rises As Emerging Markets Lose Reserves https://www.dlacalle.com/en/global-us… … Read more

Is the Market Stalling Out? with Chris Vermeulen

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from Financial Survival Network Chris Vermeulen says that the recent increase in the stock markets is normal behavior after a crash. The majority of stocks are lagging at the same time the small caps are under performing. Many are hitting new lows and are rolling over and heading south. You’re paying more for shares than before the … Read more

The Inevitable Financial Pandemic with Michael Pento

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from Financial Survival Network Michael Pento says that there’s a huge gap between asset valuations and the economy. Just look to the Fed. Many times we were assured there would never be debt monetization. Now, they’re not just buying corporate debt but also buying junk bonds as well. The Fed is actually making loans directly to businesses … Read more

Keep your eyes on #Montenegro. There have been several clashes between the country’s Serbian minority and the police

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Keep your eyes on #Montenegro. There have been several clashes between the country’s Serbian minority and the police. Some are saying that as the country slips into a debt crisis, the government is trying to refocus anger toward the Serbs. This could get nasty quickly. pic.twitter.com/yaZ6Ah2v1i — Jake Hanrahan (@Jake_Hanrahan) May 14, 2020 This will … Read more

Senator Rand Paul: “The Senate must immediately hold hearings on this! Clapper, Comey, Brennan and even Biden owe it to the American people…

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Senator Rand Paul Verified account @RandPaul The Senate must immediately hold hearings on this! Clapper, Comey, Brennan and even Biden owe it to the American people. They should testify under oath. What did the former president know? The Senate must immediately hold hearings on this! Clapper, Comey, Brennan and even Biden owe it to the … Read more

The true reason for the “lockdown”.

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by emptysku77 I’m wondering when people will actually understand that the “lockdown” wasn’t put in place to combat this pandemic. It was put in place to slow down the initial spread of the pandemic so that medical facilities would have time to prepare for the full brunt of the pandemic. Misnomer statements like, “The cure … Read more

REVOLVING DOOR BETWEEN BIG TECH AND BIG GOVERNMENT:

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Apple Policy Exec Cynthia Hogan Departs Company. Apple’s vice president for public policy and government affairs, Cynthia Hogan, has resigned from the company, reports Axios. Hogan will be leaving Apple next month after recently being selected as one of the members of Joe Biden’s vice presidential selection committee. Hogan joined Apple back in April 2016 … Read more

TRUMP calling for OBAMA TO TESTIFY

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If I were a Senator or Congressman, the first person I would call to testify about the biggest political crime and scandal in the history of the USA, by FAR, is former President Obama. He knew EVERYTHING. Do it @LindseyGrahamSC, just do it. No more Mr. Nice Guy. No more talk! If I were a … Read more