Saudi Arabia says they are turning their backs on America, calls CHINA their ally, America a business partner!

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Apparently confirming the view of Saudi Crown Prince Mohammed bin Salman (MbS) that the U.S. is now regarded as just another one of its partners in a new global order that would see Beijing and its allies share the leadership position with Washington, Saudi Arabia last week reiterated its commitment to China as its “most … Read more

Powell: No sense that inflation is coming down… The White House deleted this tweet after taking credit for 8% annualized inflation.

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POWELL: NO SENSE THAT INFLATION IS COMING DOWN — *Walter Bloomberg (@DeItaone) November 2, 2022 The White House deleted this tweet after taking credit for 8% annualized inflation. Luckily screen shots are forever. White House is forced to DELETE fact-checked tweet claiming Biden has given American seniors the biggest boost in Social Security in 10 … Read more

This quarter the magnitude of down revisions is way higher than normal… Powell: Window for soft landing has narrowed

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While it's not uncommon for companies to lower the estimates for the next quarter around the earnings season, this quarter the magnitude of down revisions is way higher than normal. Another reason why this is a BMR, rather than a new bull market. Charts from @MrBlonde_macro pic.twitter.com/3BX7AZsdVU — Matteo Marinelli (@IncentiveWizard) November 1, 2022 May … Read more

Where have we heard this before? US Capitol Police claim They were NOT Watching Pelosi Security Video during Attack

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Officers from the U.S. Capitol Police have live video surveillance outside the Pelosi’s San Francisco residence, but weren’t watching it when David DePape, 42, allegedly attacked Paul Pelosi, the husband of House Speaker Nancy Pelosi, sources tell Fox News. The officers were monitoring a live-feed of many cameras, which include surveillance of the capitol complex, … Read more

Overworked Capitol Police – who monitor safety of members of Congress reportedly stopped ‘continuously monitoring’ video of pelosi home

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Overworked US Capitol Police officers – who monitor the safety of 535 members of Congress – reportedly stopped ‘continuously monitoring’ video feed despite home security cameras capturing attack on Paul Pelosi Capitol Police had live video surveillance outside Nancy Pelosi’s $6million home when a crazed man allegedly attacked the Speaker’s husband with a hammer However, … Read more

Arizona judge orders armed election monitors to stay 250 feet from drop boxes after voters said they felt intimidated by their presence

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A judge in Arizona on Tuesday issued a temporary restraining order keeping a group of armed poll watchers at least 250 feet from drop boxes, after a string of complaints that voters felt intimated by people carrying firearms as they monitored voting. The order also prevents monitors taking photographs of voters and requires them to … Read more

$2.5 Quadrillion Disaster Waiting to Happen

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By Egon von Greyerz In this interview with Greg Hunter’s USAWatchdog Egon von Greyerz explains, “Credit has increased dramatically through derivatives.  All instruments being issued now by banks, pension funds, stock funds, it’s all synthetic.  There is no real underlying payments in anything almost.  Therefore, my estimate for derivatives would be at least $2 quadrillion, and I think … Read more

Jim Cramer Predicts Incoming Market Freefall

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CNBC’s Jim Cramer on Monday warned investors that they should trim some of their positions to prepare for a possible market decline. “According to the S&P oscillator I’ve followed for ages, we’re very overbought right now,” he said. “You have to hold your nose and sell something because we’re due for a pullback.” CNBC’s Jim … Read more

Whatever You Do, Don’t Fall For This!

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By Graham Summers, MBA 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 BEA … Read more

Orange County, CA Declare State Of Emergency- Children Respiratory Infections!

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-Some states are above 90% of Children’s hospital beds filled -Multiple states already have pediatric hospital beds full -San Diego County is close behind https://abcnews.go.com/WNT/video/orange-county-declares-public-health-emergency-respiratory-infections-92504603 https://ktla.com/news/local-news/orange-county-declares-health-emergency-due-to-rsv-cases/ h/t SqueakyOne

South Korea responds to North Korea’s 10 missiles

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Tension growing in the Korean peninsula as South Korean military also fired three air-to-surface missiles into high seas north of the Northern Limit Line (NLL), a de facto maritime inter-Korean border, in response to North Korea's latest provocations, the South's military said. — The South Asia Times (@thesouthasiatim) November 2, 2022 “Will Respond Sternly”: Seoul … Read more