US Labor Productivity For Q1 CRASHES To LOWEST Since 1947 As Energy Prices And Inflation Skyrocket

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by confoundedinterest17 Here’s some simple Medusa math for you: negative growth + payroll gains = negative productivity. Negative productivity + high labor costs = very high unit labor costs. That’s not a pretty picture for the economy or for companies, and the Q1 figures were even worse than expected — productivity fell by 7.5%, pushing unit labor … Read more

HOW IS SHE WORTH 3.17M?

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Stacey Abrams’ net worth skyrocketed over 2,800% in just three years thanks in part to her holdings in a company called Now Corp. (previously called NowAccount or “Now”), a Government Accountability Institute study has found. In 2018, Abrams reported a net worth of just $109,000 in her personal financial disclosure ahead of her failed 2018 … Read more

Axel Merk launches Stagflation ETF

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The Merk Stagflation ETF (ticker STGF), which launches Wednesday, tracks a portfolio divided between 55%-85% U.S. Treasury Inflation-Protected Securities and between 5%-15% real estate, gold and oil. The ETF charges a 0.45% expense ratio and will rebalance as needed to keep those weightings. Trading in STGF kicks off hours before the Fed is widely expected … Read more

Biden’s new disinformation czar said fears about CRT in Loudoun County schools are ‘disinformation for profit’

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Nina Jankowicz, a disinformation expert, was hired on April 27 to lead a Homeland Security Department working group Republicans have been vocal in their condemnation of the group she will lead, likening it to George Orwell’s ‘Ministry of Truth’ Critics have noted how she claimed the contents of Hunter Biden’s laptop were part of a … Read more

Ford Posts $3.1 Billion Loss on Electric Cars

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New York (CNN Business)In the days after its November IPO, electric truck maker Rivian was briefly one of the world’s most valuable automakers despite not yet having reported a single sale. But its stock has been sliding steadily since then, which just resulted in a big loss for…..Ford? Yes, that’s right. Ford (F), which has … Read more

Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. Junk is currently closed to new issuance. That suggests July we gets real. We are 7 times more leveraged than we were in 2008. Crisis to Crisis .

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What did we learn today? 1. Fed days are invitations to squeeze the stupid short money, and 2. Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. 3. Junk is currently closed to new issuance. That suggests July we gets real. — Stimpyz (@Stimpyz1) May 4, 2022 … Read more

Gasoline price is hitting a new high, trade deficit ballooned 22.5% in a month and the Fed just confirmed they are tightening at the fastest pace and highest VIX level in history.

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https://t.co/przNS8CZN1 — Blxck Dollar 🇺🇸 (@BlxckDollar) May 5, 2022 US in economic freefall, trade deficit up 22.3% in March We now make very little except energy for export, the economy is in freefall. https://www.msn.com/en-us/money/markets/robust-imports-push-us-trade-deficit-to-record-high-in-march/ar-AAWUoQl?ocid=uxbndlbing I walked through the family room last night as the wife was watching the nightly lies on cnbs and the liar … Read more

The Federal Reserve Just Made A Colossal Mistake

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by Michael You don’t raise interest rates when the economy is already falling into a recession.  U.S. GDP contracted during the first quarter of 2022, and if it contracts again in the second quarter of 2022 that will officially confirm that we are already in a recession right now.  Any central banker that would choose to raise … Read more

The Paradox of Overturning Roe v Wade

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by Chris Black I want my enemies to be politically disempowered but I’m happy that the worst elements of society can voluntarily end their own bloodlines. Leftists mainly reproduce via grooming, but the fact that they’re refusing to reproduce biologically is a good thing because it’s creating a biologically conservative population. Plus, having a predisposition … Read more

The Rioting That We Warned You About Has Now Begun

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by Michael In a civilized society, violence, intimidation and rioting are not used as political tools.  Unfortunately, the United States is no longer a civilized society, and violence, intimidation and rioting are now regularly being used as political weapons.  On Monday, I posted an article warning that there would soon be chaos in the streets, and many … Read more

The Final Solution for the “13/52” Meme

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by Chris Black Looks like municipalities have found a solution to the problem of surging black violence: stop counting. When the final numbers showed that St. Louis had reduced its murders last year while other big cities were hitting records, city officials said their success was due to smart use of crime data and effective … Read more

WATCH – LAPD attempt to arrest pro-abortion rioters but fail as they get mobbed by leftists

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Riot in Los Angeles as Pro-Abortion Activists Confront Police Violent riotors attacked police, vandalized a sidewalk, and smashed a local business on Tuesday evening during a protest against the Supreme Court’s impending decision to overturn Roe v. Wade, the landmark 1973 abortion decision. https://www.breitbart.com/politics/2022/05/04/riot-in-los-angeles-as-pro-abortion-activists-confront-police/ NOW: LAPD attempt to arrest pro-choice protesters but fail as they … Read more