Beat The Heat! Mortgage Purchase Applications RISE 5% From Previous Week As Homebuyers Scramble To Beat The Fed’s Monetary Tightening

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by confoundedinterest17 Yes, homebuyers are jumping into a generally slowing housing market to “beat the heat.” That is, beat The Fed’s monetary tightening. Mortgage applications increased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 6, 2022. The seasonally adjusted Purchase Index increased … Read more

Looks Like We’re About To Repeat 1929 All Over Again

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by Assorted_Education_ Looks like it’s about to get like in 1929 again. Fasten your seat belts. Tune into our Q2 Mid-Quarter Macro Update Call tomorrow Business Confidence #WayWorse than the Dot Bomb Crash pic.twitter.com/VreFmZa5Di — Keith McCullough (@KeithMcCullough) May 10, 2022 Small Businesses Optimism Lowest Level Ever Small business owners do not expect much improvement in … Read more

Twitter users mock WaPo’s claim women and people of color will suffer most from Elon Musk Twitter buyout

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The Washington Post has been on a crusade against Musk’s purchase of the social media company The Washington Post continued its crusade against Tesla CEO Elon Musk after claiming “women and people of color could suffer the most” after his purchase of Twitter. On Friday, the publication promoted an article questioning Musk’s policy for content … Read more

Another mortgage company laying off employees

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Mortgage technology firm cites rising rates, falling refinance applications for cuts. Blend Labs Inc., a mortgage technology company based in San Francisco, laid off 10% of its workforce this week, citing efforts to “improve cost efficiency and better align its operating structure with its business activities.” In a filing with the Securities & Exchange Commission … Read more

SURPRISE! Leadership At Joe Biden’s ‘Disinformation Governance Board’ Has Ties To George Soros

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(Gateway Pundit) The progressive billionaire George Soros has his hands in pretty much everything the left does. Knowing this, it should come as no surprise that he is tied to the leadership at Biden’s new Orwellian ‘Disinformation Governance Board’ which has come under fire since it was announced last week. https://www.thegatewaypundit.com/2022/05/surprise-leadership-joe-bidens-disinformation-governance-board-ties-george-soros/ Shut this monstrosity down … Read more

Oxygen is a drug. Most people don’t need anxiety meds, they need to learn to breathe, and practice stilling the mind.

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by TheMysterium Deep breathing, where you inhale all the way down to your diaphragm, is nature’s medicine for anxiety and depression. Deep breathing changes the entire chemistry of the mind and body, and this is how the brain processes emotional information too. (If you’re looking for a scientifically proven method of improving your mental state using … Read more

Pizza Hut is dying…

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Tried to take my kids to a classic @PizzaHut near DC last night and it was a wasteland. Guess they don't do dine-in anymore. Unmade boxes over all the tables, dirty, delivery drivers hanging out. Grew up with BookIt personal pans, red cups, and arcade games. It's all gone now. — Jack Posobiec (@JackPosobiec) May … Read more

New disclosure in $COIN (Coinbase) 10-Q: “In the event of a bankruptcy…..customers could be treated as our general unsecured creditors.”

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New disclosure in today's $COIN (Coinbase) 10-Q: 👀 "In the event of a bankruptcy…..customers could be treated as our general unsecured creditors." 🚩🚩🚩 🚨Get your #Bitcoin off exchanges.🚨 pic.twitter.com/KDBiAvYcog — Sophia Zaller (@sophiamzaller) May 10, 2022   Coinbase earnings were bad. Worse still, the crypto exchange is now warning that bankruptcy could wipe out user … Read more

Consumer Price Index accelerated 8.3% in April YoY. Food at home CPI jumped to 10.8%. Stocks are are plummeting!

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Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs The consumer price index accelerated 8.3% in April, more than the 8.1% estimate and near the highest level in more than 40 years. Core CPI, which excludes food and energy, also was higher than expected, rising 6.2%. Shelter costs, which … Read more

Australia: Citizens of Victoria are reportedly “banned from growing their own food”

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by Chris Black Dan Andrews, premier of Australia’s state of Victoria (who has many ties to the CCP and WEF), is passing a bill that reportedly restricts Australian’s ability to grow food. Take this with a pinch of salt, as I haven’t read the bill to confirm yet. It’s around 200 pages long. See here: … Read more

What is White Privilege?

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by Chris Black You always hear the usual suspects talking about White Privilege. But what is it? "Train conductor Simon Isherwood suing former employer for firing him after he questioned 'white privilege'."@ReclaimTheNetHQ with news of one of the FSU's current cases. We've drafted in leading civil liberties barrister Paul Diamond to represent Simon.https://t.co/DX6J6WHMoO — The … Read more

Rats Preparing to Leave the Sinking Ship

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by Chris Black “Smart money” is hedging against a systematic implosion and overthrow. U.S. is more unstable and weak than it looks, the machine is running on momentum from a bygone era. The number of wealthy Americans applying for citizenship or residency in foreign countries has skyrocketed over the past three years as US billionaires, … Read more

Well it only took inflation reaching record highs of over 8% before the kid from Deliverance finally woke up and said something constructive about it.

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President Biden on Tuesday called combating the hottest inflation in 40 years his top domestic priority as he sought to reassure Americans over sky-high consumer prices, which have become a major political liability for Democrats. “I want every American to know that I’m taking inflation very seriously,” Biden said in remarks from the White House. … Read more

“Middle Class” Joe’s War On … The Middle Class (WTI Crude UP 102% Under Biden, Reg Gasoline UP 83%, Diesel Fuel UP 111%)

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by confoundedinterest17 Joe Biden likes to sell himself as “Middle Class” Joe. But Middle Class Joe declared war on the middle class with executive orders on fossil fuel drilling and killing the Keystone pipeline. Hence, his press conference on reducing inflation left off one thing: he could rescind the aforementioned executive orders. But he didn’t. So … Read more

Hedge Fund Tiger Global loses $17Bn YTD, or two-thirds of gains since inception in 2001

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https://www.marketwatch.com/story/hedge-fund-tiger-global-loses-17-billion-due-to-tech-stock-rout-11652189689 The hedge fund Tiger Global has lost roughly two-thirds of the cumulative gains it has made for investors since its inception in 2001, according to data from an investor that tracks the industry. LCH Investments estimates Tiger Global has lost about $17 billion this year. Heading into the year, Tiger Global had made net … Read more