Otavio (Tavi) Costa: ‘Regardless of what anyone may claim about the recent AI advancements, this is probably one of the most speculative markets in history.’

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The ratio of Nasdaq 100-to-Russell 2000 is now retesting the peak of the tech bubble levels. This situation, similar to today, where smaller companies perform poorly compared to large-cap companies, was a critical precursor of the tech bust. An important reminder: It's not all… pic.twitter.com/HVPT5OSIXE — Otavio (Tavi) Costa (@TaviCosta) May 30, 2023 The entire … Read more

Consumer confidence slips to six-month low. Americans owe $1 trillion in credit card debt

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via MSN: The numbers: A survey of consumer confidence slipped in May to a six-month low of 102.3. Americans remained gloomy about the economy and said jobs were getting harder to find. The closely followed index dipped 1.4 points from a revised 103.7 in the prior month, the Conference Board said Tuesday. The level of confidence in May … Read more

House Freedom Caucus leaves open possibility of filing a motion to vacate the chair if Speaker McCarthy pushes through the debt deal

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https://twitter.com/mr_wyatt_e/status/1663594786274832395 🔥🔥🔥 https://t.co/dJwbMLPaUQ — Catturd ™ (@catturd2) May 30, 2023 REPUBLICAN REPRESENTATIVE ROY SAYS MCCARTHY SHOULD PULL DEBT CEILING BILL — zerohedge (@zerohedge) May 30, 2023 Debt ceiling bill faces a tough path in the House as GOP opposition grows WASHINGTON — The compromise bill to raise the debt ceiling that House Republicans released on … Read more

To Address The Loneliness Epidemic, The Feds Want To Control Your Town And Friends, How they are likely to keep you from Loneliness

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The project is potentially so massive in scope, it’s not an overstatement to say it threatens to regulate our freedom of association in shocking ways. ‘Building a Social Infrastructure’ The first stated goal is to “strengthen social infrastructure in local communities.” It defines “social infrastructure” as the regular events and institutions that make up community … Read more

Target executive is treasurer at LGBTQ group that received $2.1M from retailer

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A marketing executive at Target also serves as the treasurer of a LGBT organization which receives millions of dollars from the retailer and advocates allowing trans and nonbinary school students to keep their gender identity secret from parents. Carlos Saavedra, 43, is Target’s vice president for brand management and also volunteers as a director at … Read more

Bidenville! Case-Shiller 20 Metro Home Price Index Growth Goes Negative (-1.15% YoY In March, Seattle Down -12.43% YoY, SF Down -11.22%) While Commercial RE Price Growth Went Negative Too

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by confoundedinterest17 Resident Biden and Congress unleashed inflation of the unsuspecting American middle class. Now real estate is starting to feel the pain of Fed monetary tightening. For March, the S&P CoreLogic Case-Shiller 20 metro home price index actually fell -1.15% YoY as The Fed continues to tighten its monetary noose on the US economy. … Read more

The ECB is ignoring the warning provided by a contracting money supply

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by Shaun Richards This morning has already brought some rather revealing economic news from the Euro area.  As the ECB has told us this. Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -5.2% in April, compared with -4.2% in March For newer readers narrow money supply measures impact … Read more

FBI has ONE DAY to turn over document linking Joe Biden to an alleged $5MILLION bribery scheme (you know your country is finished when its premier federal law enforcement organization & Department of Justice aid and abet the really big criminals instead of bringing them to justice)

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The FBI has one day to turn over an internal document that Republicans claim shows President Joe Biden was involved in a $5 million ‘criminal’ scheme with a foreign national or else contempt of Congress proceedings will begin. The internal unclassified FD-1023 form apparently details an ‘arrangement’ for an exchange of money for policy decisions, … Read more

Inter-bank lending is locking up because the banksters know the collateral being offered to secure those loans are toxic-waste crap.

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by Simian_Stacker If it wasn’t for the Fed’s incessant massive injections of Yellen Bux liquidity, we’d already be looking at another 2008-style Great Financial Crisis, but far worse. It's a misconception that the banking crisis is over. The 2 credit facilities created by the Fed in March are still rising Inter-bank lending is reliant on … Read more

Ricky Gervais, The Actor With The Greatest Balls Of The World, Destroying Hollywood, Woke Propaganda. The New George Carlin, People!

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The struggle is real 😂 pic.twitter.com/SR0WFCJODs — Ricky Gervais (@rickygervais) May 30, 2023 Hollywood is a creepy disgusting place – shut it down. https://t.co/bPizMlUrC1 — 🌹::rós:::thorn:: (@WildIrishCactus) May 27, 2023 https://youtu.be/sR6UeVptzRg The CEO Behind Target’s Corporate Culture War (patronizing this “woke” store means sanctioning its radical-left agenda & policies) How the ‘cult of woke’ is … Read more

Texas on Verge of BANNING DEI (perversity, more ‘equal’ status, acceptance)at State Universities

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“Texas public universities’ diversity, equity and inclusion offices likely have six months left before they’re banished. State lawmakers came to an agreement Saturday on legislation that would ban DEI offices, programs and training at publicly funded universities, largely adopting the version that the Texas House approved a week ago, with some minor changes. Notably, the … Read more

Nine injured after gunfire erupts on packed Florida boardwalk in Hollywood Beach (maybe its time the MSM starts reporting honestly on who these “groups” are comprised of)

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At least nine people, including a one-year-old child and two other minors, were injured in a Memorial Day shooting on a packed Florida boardwalk. Authorities say a dispute between two groups ended in gunfire at around 6.45pm Monday in the area of the 1200 block of North Boardwalk in Hollywood Beach, north of Miami. One … Read more