by Peter Schiff of Peter Schiff Podcast · Dow has best October in its history. · Rotation continues from growth to value stocks. · Market is priced for perfection with anything but perfect circumstances. · Inflation will never go back to 2% · Amazon, Apple, and Netflix disappoint investors. · Meta and Alphabet hurt by dried up advertising. … Read more
America is heading for a turkey shortage and elevated poultry prices as families prepare to gobble up the popular bird this Thanksgiving. The price per pound for an eight-pound hen has increased from $1.15 last year to $1.47 this year, according to data from the Department of Agriculture, with residents of the northeastern United States … Read more
ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging prices. Reporting by Gdansk newsroom and Nevzat Devranoglu; Writing by Ali Kucukgocmen Editing by Raissa Kasolowsky, Tomasz Janowski … Read more
by Graham Summers of Gains, Pains, & Capital Great news… the economy recovered in Q3! According to the Bureau of Economic Analysis (BEA), the U.S. economy grew at an annual rate of 2.6% in 3Q22. So all of our concerns about a recession were misguided! The economy is back on track! There’s only one problem with this narrative: the … Read more
STACY MCCAIN: Democrats and Media (But I Repeat Myself) Begin Midterm Pre-Mortems. When even CNN is forced to admit things look bad for Democrats, you know that things look very bad for Democrats. Yet nobody at CNN will admit that they are part of the problem. For most of the past year, CNN has led every … Read more
You know it’s bad when Bill Maher is a voice of reason.
Following Elon Musk’s recent announcement that Twitter would be unbanning a number of blacklisted users, he has since stated that they won’t be allowed to return to the platform for “at least a few more weeks,” or in other words, until after the midterm elections have passed. NBC News reports that Elon Musk recently suggested … Read more
In just 12 months several big caps lost more than 70% of its market cap. If we are not in recession, what kind of economical condition we are? $META $PYPL $ROKU and so on…… — Antonio Costa (@ACInvestorBlog) November 3, 2022 He was asked about +50 in Dec and he dodged saying “it’s about the … Read more
by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee (FOMC) raised the target federal funds rate 75 basis points on Wednesday, marking the fourth 75-basis-point hike in a row since June. The federal funds rate is now the highest it’s been since December of 2007 when the Fed was in the process of lowering … Read more
by confoundedinterest17 It has been a wild and mostly negative ride under Biden’s Reign of Error. 40-year highs in inflation (caused by Biden’s fossil fuel mandates and Federal spending) have left the US mortgage market FINALLY seeing positive REAL mortgage rates (now 0.32%), even though the REAL 10yr Treasury yield is still negative (-2.50%).
JUST IN – Pfizer pauses ads on Twitter after Elon Musk takeover — WSJ — Disclose.tv (@disclosetv) November 3, 2022 h/t STRONGMAN SHELFORD
Source: https://t.co/BnXmldsu5Thttps://t.co/Zk1D4klrVb SEC. 24220.https://t.co/ihcsTP5JYO — Harrison Krank (@HarrisonKrank) November 1, 2022 Buried deep within the massive infrastructure legislation recently signed by President Joe Biden is a little-noticed “safety” measure that will take effect in five years. Marketed to Congress as a benign tool to help prevent drunk driving, the measure will mandate that automobile manufacturers … Read more
by David Haggith In a “thank-you Jesus” moment for those us us who are sick to death of the arrogance, greed, rigging, gambling, denial and freakin’ insanity of the US stock casino, the market pivotheads got a post-Halloween pounding of their hollow pumpkins into the dust of the earth at the end of today’s trading. How … Read more
Netflix’s Ozark star Jason Bateman urged President Joe Biden to use the nation’s Emergency Alert System (EAS) to remind people to vote in the midterm elections, saying democracy is under threat from Republicans. In the most recent episode of the SmartLess podcast, Biden spoke with hosts Jason Bateman, Sean Hayes, and Will Arnett to discuss … Read more
https://twitter.com/UKR_Report/status/1588223019624927232 Country wide protests which are spreading like wild fire. The assassination attempt on Imran Khan has shocked the country and situation at very places have become sensitive. Please stay safe. #isbtoday #islamabad pic.twitter.com/J8cqsQzYfR — Islamabad Today (@isb_today) November 3, 2022 People furious in #Faizabad Right Now!#Rawalpindi #Islamabad #ImranKhan #Assassination#عمران_خان_ہماری_ریڈ_لاین_ہے pic.twitter.com/WFHIxqiiXH — Shamsher Khan Niazi … Read more
A housekeeper who says she worked for nearly three years at Jeff Bezos’ Seattle-area home claims she was subjected to racial discrimination and retaliation from members of his personal staff, wasn’t able to take legally required breaks, and didn’t have adequate access to a bathroom on the job. The claims are part of a suit … Read more
The French Government has demanded that Rumble (@rumblevideo) block Russian news sources. Like @elonmusk, I won't move our goal posts for any foreign government. Rumble will turn off France entirely (France isn't material to us) and we will challenge the legality of this demand. https://t.co/a4Nn4S1MMf — Chris Pavlovski 🏴☠️ (@chrispavlovski) November 1, 2022
Economist Nouriel Roubini, who’s been dubbed ‘Dr. Doom’ for his gloomy-yet-correct prediction of the 2008 market meltdown, is making headlines again during a series of interviews promoting his new book “Megathreats”. “We have to worry about everything at the same time, as all these megathreats are interconnected…” When asked if we’re “there again” in reference to … Read more
Paul Pelosi has been released from the San Francisco hospital after recovering from surgery to repair a skull fracture and injuries to his hand and arm, according to a source familiar with the matter. Pelosi, husband of House Speaker Nancy Pelosi, is home and resting just six days after the brutal attack last week, the … Read more
