The Damage Inflation Has Done (In Numbers)

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via wallstreetonparade: On Friday, March 4, 2022, the Dow Jones Industrial Average closed at 33,614.7971. Yesterday, one year later, the Dow closed at 33,431.44, a negligible loss of a fraction of one percent – but still a loss. The Dow is composed of just 30 stocks. The S&P 500, a broader stock market index, includes the common … Read more

Influencers outraged that Instagram is going to sell blue ticks instead of people working for them like true celebrities

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Australian influencers who worked hard for Instagram verification are criticising the Meta-owned platform’s move to allow anyone to buy blue ticks. One former Married At First Sight star, who campaigned for years to get a blue tick back when Instagram had to approve all verified accounts, called the decision ‘absolutely outrageous’ and an insult to … Read more

Slippin’ Into Darkness! US Treasury Yield Curve Descends To -108 BPS (169 Days Of Inversion) As US Mortgage Rate Hits 7.11% (Fed No Longer Low Riding Interest Rates)

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by  confoundedinterest17 Slippin’ into darkness! The US Treasury 10Y-2Y yield curve, that is. At the same time that the 10Y-2Y yield curve inverts to -108 basis points, Bankrate’s 30-year mortgage rate has risen to 7.11%. Now that The Federal Reserve is no longer low riding interest rates, I expect to see a cooling of the US … Read more

This is a direct violation of our 1st Amendment rights. Left or Right, everyone should be pissed that an elected official is calling for Censorship.

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by 2201992 The Government does not care about your rights. The government is calling for censorship. Americans have a right to criticize the government and to show evidence they don’t like. See The Pentagon Papers. https://www.reuters.com/world/us/us-senator-schumer-condemns-speaker-mccarthy-supplying-jan6-videos-fox-2023-03-07/

Reverse Repo now completely out of control

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2023-03-07: 2,170.195 | Billions of US Dollars | Daily | Updated: Mar 7, 2023 https://fred.stlouisfed.org/series/RRPONTTLD https://www.newyorkfed.org/markets/desk-operations/reverse-repo A wise Prophet once said concerning the next great depression will be so bad it will make the first one seem like a picnic AC

These parents must be so proud of their little angel. Tucker Carlson is literally ruining her life.

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We found this on our 8 year-old daughter’s door this morning and she still hasn’t come out. She missed school, hasn’t eaten, and says she isn’t going to Pilates tonight. Tucker Carlson is literally ruining her life. #FireTuckerCarlson pic.twitter.com/gDVDaEPsDe — 🫃🏼💉🇺🇦🥥Hollaria Briden, Esq. (@HollyBriden) March 7, 2023 h/t Jwnlwplus4

Over the last 90 years, a recession was the only bullet-proof way to bring inflation down as much as the Fed needs today.

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Senator Kennedy is right, as this analysis shows. Over the last 90 years, a recession was the only bullet-proof way to bring inflation down as much as the Fed needs today. pic.twitter.com/N6sD6qQarG — Alf (@MacroAlf) March 7, 2023 🇺🇸US yield curve inversion, the recession indicator, is its deepest in 60+ years pic.twitter.com/8fH1PZkKJP — Russian Market … Read more

To Those Of You Who Say “The Fed Has To Pivot Soon Or The Treasury Will Go Bankrupt!!!” I Humbly Offer The Following Chart:

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by ObiWanCanownme Something will break. It just won’t be the U.S. federal government. Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated Keep an eye on the potentially large number of mortgage defaults: 10% of new loans in 2022 were adjustable-rate mortgages Keep an eye on the potentially large number … Read more

“Based” Russia Preparing to Import Third Worlders by the Boatload

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by Chris Black Probably planning to flood neighboring European countries with migrants, as Belarus did in 2021-22. The Russian Foreign Ministry plans to conclude visa-free agreements with 11 countries, and these are: Bahrain, Oman, Saudi Arabia, Bahamas, Barbados, Haiti, Zambia, Kuwait, Malaysia, Mexico, Trinidad and Tobago, Russian Deputy Minister Ivanov said. pic.twitter.com/pkYgKaSaTB — NEXTA (@nexta_tv) … Read more

UK GOING TO SEND THEIR TROOPS TO RUSSIA

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by Chris Black Oi, weef ahways been at waah wiff Rasha. Step by step, the people of the UK are being prepared for war. "Britain should engage directly in war against Russia ,we are at war in Europe, we need to move to martial law" -Tobias Ellwood, head of the British parliament's defence committee. pic.twitter.com/3hARXB3Xz0 … Read more