Bank of England Bought No Bonds Today, after Buying only £22 Million on Monday, instead of £5 Billion per Day

by Boo_Randy How long can the Keynesian fraudsters at the BoE stave off the inevitable financial reckoning day by buying up their own debt with created-out-of-thin-air “money”? https://wolfstreet.com/2022/10/04/bank-of-england-bought-no-bonds-today-after-buying-only-22-million-on-monday-instead-of-5-billion-per-day/ Carefully communicating this isn’t a Pivot to QE but a temporary “backstop” …

READ MORE

Turn Off CNBC and Watch Real Yields

By Michael Lebowitz Investors watch CNBC and CNBC’s competitors for guidance on where the markets are going. CNBC may provide insightful commentary from very qualified investors. Still, if one is watching CNBC to figure out where markets are headed, they …

READ MORE

EU farmers warn of FOOD SHORTAGES…

Vegetable producers across northern and western Europe are considering halting operations, thus further threatening food supplies, as a result of the energy crisis hitting the continent, Reuters reported this week. According to the report, skyrocketing power and gas prices are …

READ MORE

The mother of all intraday face rippers is coming…

https://twitter.com/WifeyAlpha/status/1577306124839256065 Then you combine this with the VIX repeating the identical 2008 pattern. pic.twitter.com/lTd4pNVjut — Financelot (@FinanceLancelot) October 4, 2022 Credit Suisse, Deutsche Bank… Now UBS? Everything is fine …… 🔥 🔥 🔥 There is no recession. pic.twitter.com/lG3Rug0Veo — Wall …

READ MORE

THE WAR ON PARENTS IS TURNING AROUND…

Glenn Youngkin-style parent-first movement wins 89% support. “The pro-parent movement that became a national political battle after the recent defeat of former liberal Virginia Gov. Terry McAuliffe’s call to kick mothers and fathers out of schools has been overwhelmingly embraced by …

READ MORE

Being on the Fed board is basically just a highly paid speaking engagement gig where you can be wrong about everything year after year but have 100% job security no matter what.

Why would we expect a better job from people who have no disincentive to fail?Where's the accountability for mistakes that impact the lives of millions?60% now living paycheck to paycheck & soon they'll cost millions their jobs.https://t.co/dKUIESSH3n — Sven Henrich …

READ MORE

Disney Cancels Latest Satanic Special

Just when you thought Disney had reached the bottom, the company announced it was airing FX’s show “Little Demon”, about a woman impregnated by Satan and her antichrist daughter.  On August 29th, Disney announced it would air a new ‘comedy’ about a …

READ MORE