Wall St. For Main St., Released on 6/28/22 Jason Burack of Wall St for Main St interviewed returning guest former investment banker and best selling author of 2 books, Carol Roth https://www.carolroth.com/ Follow Carol on Twitter here: https://twitter.com/caroljsroth During this 30+ minute interview Jason asks Carol about a number of difficult things and bad policies that have … Read more
Investors = 45% of home purchases in #Phoenix. This is well above 2005 bubble peak & on par with 2011 post-GFC distressed buying top. Owner-occupied purchases declining sharply is a concern (green line). pic.twitter.com/vf2wqnABqd — Rick Palacios Jr. (@RickPalaciosJr) June 28, 2022
NEW – US Army has introduced "Critical Race Theory" to West Point cadets, new documents obtained via FOIA request show.https://t.co/AHu3JAAPxI — Disclose.tv (@disclosetv) June 20, 2022 WATCH: The Navy is training its members to create a "safe space" by using proper gender pronouns. Here's their new instructional video, which is modeled after a children's show: … Read more
by Martin Armstrong Essential feminine products are in short supply. A few girls I know laughed and said that they could have told me this a year ago before the topic reached the headlines. One complained that she traveled to three different stores to find her preferred brand. A shortage of cotton and plastic items … Read more
Largest Penalty Ever Imposed by SEC Against an Audit Firm FOR IMMEDIATE RELEASE 2022-114 Washington D.C., June 28, 2022 — The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of … Read more
Author Douglas Murray says “there’s something highly comical, but something very sinister as well” about London’s LGBTQ+ flag display. “This sort of endless insistence that everybody else actually has to put up with this sort of weird overreach by a very distinct minority of the population, I think heralds, at some point, a backlash of … Read more
Sweden and Finland look poised to join NATO after Turkey agreed to drop a block on the Nordic countries’ application. A memorandum signed by the three nations follows talks between their leaders at a NATO summit in Madrid and ends what appeared to be the key obstruction to the Nordic neighbours’ accession process. A statement … Read more
President Biden on Thursday inadvertently held up a comically detailed cheat sheet prepared by his staff instructing the gaffe-prone leader of the free world to “take YOUR seat” and to limit his remarks to “2 minutes.” A photographer snapped an image of the document when Biden held it up backward at a meeting with wind … Read more
by Boo_Randy That’s gonna leave a mark. https://www.cnbc.com/2022/06/27/three-arrows-capital-crypto-hedge-fund-defaults-on-voyager-loan.html Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million. Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and 15,250 bitcoin, worth … Read more
Dana Bash: “Inflation is really high. Are you concerned about a recession?” Kamala: “I think that there can be no higher priority than what we have been clear is our highest priority.”
by SilverBoatSurfer Source: https://www.cbsnews.com/news/stimulus-check-california-inflation-relief-payments-23-million-up-to-1050/
by Peter Schiff of Peter Schiff Podcast · Dow Jones just did something it hasn’t done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and volatility in crypto markets. · Government moves to ban Juul vapes. · Jerome Powell uses politics as an excuse. FULL SHOW NOTES AND LINKS HERE
Business leader optimism hits record low amid soaring inflation, labor shortages Business leaders’ confidence in the outlook of the economy has plummeted over the past year according to JPMorgan Chase, which found that optimism among executives of mid-sized firms has reached a record low as soaring inflation and labor shortages continue to take a … Read more
by Boo_Randy True price discovery is not your friend, crypto baggies. https://finance.yahoo.com/news/2-trillion-free-fall-rattles-230033105.html (Bloomberg) — For a generation of alienated techies, crypto’s all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is posing what may be the biggest threat yet to its survival. What started this year … Read more
h/t Violated_Norm
By Graham Summers, MBA Yesterday I noted that the Fed is completely delusional about engineering a “soft landing.” The reality is that the Fed has barely raised interest rates. As I write this rates are at 1.5%… while inflation as measured by the CPI is over 8%. And real inflation is likely much higher (CPI doesn’t accurately measure the … Read more
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