US Q3 Real GDP At 1.8% YoY, GDP Price Index Falls To 4.1% YoY As M2 Money Crashes Most In History (UST 10yr – 3mo Yield Curve Inverts) Heating Oil UP 162% Under Biden

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by confoundedinterest17 US Q3 GDP numbers are out and they are … meh. Only Biden and Karine Jean-Pierre would cheer about 1.8% real GDP growth. At least real GDP growth wasn’t negative! Real GDP rose 2.6% after -0.6% in Q2 and 1.8% YoY. But the most interesting data bit is the GDP Price Index. It fell … Read more

Democrat blows whistle on alleged ballot harvesting scheme, Florida opens criminal probe

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This is news that gives me hope! Florida is savage! DO NOT MOVE THERE! STAY AWAY! Florida Gov. Ron DeSantis’ new election crimes unit has recommended state police open a full criminal investigation into a Democrat whistleblower’s detailed complaint of a long-running, widespread ballot harvesting operation in the African-American communities in politically important central Florida. Former … Read more

If Powell tightens into a crisis, he can then pivot & safely (for him) do what central banks have always done. And most mkt participants will beg him to do it. If he pivots before a crisis & inflation accelerates, he (and Fed) are done. And he knows it.

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If Powell tightens into a crisis, he can then pivot & safely (for him) do what central banks have always done. And most mkt participants will beg him to do it. If he pivots before a crisis & inflation accelerates, he (and Fed) are done. And he knows it. https://t.co/ibmMFIu5my — Santiago Capital (@SantiagoAuFund) October … Read more

Flood then Drought Amazon & Mississippi

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TEFE, Brazil (AP) — Just months after enduring floods that destroyed crops and submerged entire communities, thousands of families in the Brazilian Amazon are now dealing with severe drought that, at least in some areas, is the worst in decades. The low level of the Amazon River, at the center of the largest drainage system … Read more

Chicago Mayor Lori Lightfoot proposes a 5% pay rise for HERSELF – taking salary to $216,210 – despite criticism for spiraling crime soaring

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Mayor Lightfoot’s current salary is $209,915. It now would increase to $216,210 Lightfoot faces increased criticism over her handling of crime in Chicago A total of 2,313 shooting incidents have been reported in 2022, as of this Monday Chicago Mayor Lori Lightfoot has proposed to give herself an annual pay rise bumped up to the … Read more

Ice Cube: Black Americans Haven’t Gained Much After Voting Democrat for Decades

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As the midterm elections draw closer, prominent Democrats are having trouble connecting with black voters who are fed up with soaring inflation, out-of-control crime, and the non-stop influx of illegal aliens. In a 2021 interview that has gone viral again, rapper and actor Ice Cube explained that black Americans haven’t really gained much after voting … Read more

Tylenol use during pregnancy linked to autism

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Babies of women who took acetaminophen—a common painkiller marketed in the U.S. under the brand name Tylenol—near the end of pregnancy had a higher likelihood of being diagnosed with autism spectrum disorders or with attention deficit hyperactivity disorder (ADHD), according to a study published Wednesday in JAMA Psychiatry. The study, conducted by researchers from the … Read more

Amoxicillin shortage reported

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On local TV news just now. Amoxicillin is an antibiotic.   Three of the largest manufacturers of the common antibiotic amoxicillin are reporting supply concerns. Hikma Pharmaceuticals, Teva Pharmaceutical Industries and Sandoz, the generics division of Novartis, have all reported shortages of various doses of the drug, which is most commonly used to treat bacterial … Read more

US Mortgage Rates At 7.20% As US Yield Curve 10YR-3MO Inverts (M2 Money YoY Lowest Since 2010)

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by confoundedinterest17 As the midterm elections get close, the news for Americans gets worse. On the housing/mortgage front, Bankrate’s 30-year mortgage rate (yellow line) just hit 7.20%, the highest since 2000. Also, the US Treasury 10yr-3mo yield curve (white line) inverted, historically a precursor to recession, before barely climbing back above 0%. Meanwhile, M2 Money growth … Read more

Anti-War Protesters Tag-Team Warmongers Elizabeth Warren and Squad Member Ayanna Presley Over their Push for Nuclear War with Russia

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Some friends of mine (@samprometheus & Bill Ferguson) in Boston confronted @SenWarren & #TheSquad member @AyannaPressley on the nuclear war issue. The Congresswoman has been shown to be a coward & Warren an even bigger one. Will they allow us to die in a nuclear holocaust? pic.twitter.com/vf34NIQ6a5 — Jose Vega — Vote Vega! (@votevega26) October … Read more

Credit Suisse posts 4.0 billions Loss…’Bank at critical point in its history’

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by GinoF2020 https://www.reuters.com/markets/europe/credit-suisse-posts-q3-loss-4-bln-swiss-francs-2022-10-27/ Bis 2025 will die Grossbank Credit Suisse rund 9000 Stellen abbauen. Allein bis Ende Jahr sollen 2700 Jobs wegfallen.https://t.co/SriPLjP8d4 — Der Bund (@derbund) October 27, 2022 CREDIT SUISSE'S LEHMANN SAYS : BANK AT CRITICAL POINT IN ITS HISTORY -12% right now $CSGN — Alessio (@AlessioTMAD) October 27, 2022 Credit Suisse to cut … Read more

US Financial and Political Leadership: An Embarrassing Shadow of its Former Self

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By Matthew Piepenburg In this brief yet engaging discussion with Jim Lewis and Ivan Bayoukhi of Wall Street Silver, Matterhorn Asset Management principal, Matthew Piepenburg, addresses further evidence of the U.S. Fed’s undeniable distortion of basic capitalism, social equality and global currencies. Matthew opens with a disturbing chart of the ignored yet undeniable wealth inequality (and … Read more

Another bubble gone bust!

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Another bubble gone bust! $META pic.twitter.com/drAosc9amU — IV (@iv_technicals) October 26, 2022 #Facebook #facebookdown $META 📉https://t.co/vBS3MITwSb — Invariant Perspective (@InvariantPersp1) October 27, 2022