Karl Denninger’s Prediction: They Will Raise Interest Rates and Collapse the Stock Market to Stop Inflation: I Know You Don’t Think So. You’re Wrong

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I Know You Don’t Think So. You’re Wrong [Comments enabled] https://market-ticker.org/akcs-www?post=245472 Powell once again jawboned Monday, stating that “he knows” inflation is “much too high” and that The Fed “will” act as required to stop it. First comes the jawbone. Then, if it doesn’t work (and it won’t in this case) comes the action. No … Read more

Free stuff for the homeless doesn’t work out the way Oakland’s ‘tiny houses’ advocates thought it would

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**Encampment Fire**2nd Ave & E12th Street. #oakland #oaklandfire 🎥@CitizenAppSFO pic.twitter.com/JWTC3W3Z5a — Oakland Firefighters (@OaklandFireLive) March 21, 2022 Seems the idea of “free homes” for the homeless, touted as a panacea to end the problem, isn’t quite working out the way its advocates said it would. In Oakland, at a concentrated community of “tiny homes,” given … Read more

Killer AI Invented 40,000 ‘Lethal Chemical Weapons’ In Just Six Hours

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Scientists with legitimate concern for people and humanity are rightly terrified by the outcome of this experiment. Technocrats not so much. In the wrong hands, the power of AI could be used to destroy all life on earth. Artificial intelligence was used to ‘easily’ invent 40,000 new possible chemical weapons in just six hours. This … Read more

Evergrande trading suspended indefinitely…

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China Evergrande will not be able to publish its financial results for last year by March 31, as required by stock listing rules, as audit work has not yet been completed, the company has announced.   Its two Hong Kong-listed units, China Evergrande New Energy Vehicle Group and Evergrande Property Services Group, said the publication … Read more

One Silver Eagle is now $42.86

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So Paper Silver is $25.26 But tangeble Silver is now $42.86 / Oz…. https://www.silver.com/2022-1-oz-silver-american-eagle-coins/ Even if you prefer retardland backed Silver it is still $36.73/Oz… https://www.silver.com/2015-1-oz-silver-canadian-maple-leafs/ Spread seems larger than usual…. h/t WiscoSteve

Inflation & JIT to Cripple Food Supply

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With skyrocketing input costs and overwhelming regulations, farmers must become resilient. Joel Salatin says farming mega-companies will be faced with potentially crippling challenges while the smaller companies will win out. Salatin reiterates encouragement and tips for individuals and families to increase food security and self-reliance NOW!

Fed Expected To Raise Rate 8+ Times Over Next 12 Months Leading To Surge In 2-year Treasury Yield And Mortgage Rates (Powell’s Money Gun To Slow Rate Of Fire)

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by confoundedinterest17 This is the chart from hell as The Fed is expected to take interest rates higher. At least mortgage rates are down slightly today. With 8+ rate hikes forecast over the next twelve months. Meaning that Powell’s Fed money gun is going to slow.    

Federal Reserve Alert! The following have been added to the list of Standing Repo Facility Counterparties, effective March 22: Canadian Imperial Bank of Commerce, New York Branch and Natixis New York Branch.

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by Dismal-Jellyfish Source Standing Repo Facility (SRF) counterparties each expressed an interest to be an eligible SRF counterparty under the criteria published by the New York Fed. Inclusion on this list simply means that, should the New York Fed conduct daily overnight repo transactions under a Standing Repo Facility, those listed would be eligible to … Read more

Agent Fang Fang goes down in China crash

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How strange, special agent Fang Fang, who was banging U.S. Rep Eric Swallwell (chief architect of the Russian election hacking hoax) was among the folks in the China air disaster. Nothing to see here, folks, nothing. Move along. Dinglong Culture, a Guangzhou company in both mining and TV and movie production, said in a statement … Read more

We’ve just seen the biggest year-over-year spike (+28%) in the cost of owning a home in at least 35 years.

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And the Fed is still purchasing 41.5 billion of mbs this month! — Harold Grosser (@haroldgrosser72) March 22, 2022 This will be the "QE-MOMENT OF 2008"… when UNIVERSAL BASIC INCOME is introduced to people in various countries. AND it will set the Economies on to the coming INFLATIONARY PATH/REGIME for coming decades! https://t.co/r83Eu6rflz — Henrik … Read more

The Fed risks slipping further into a no-win interaction with markets….Maybe the Fed or Powell is uncomfortable with stock market rallies… 50bp rate hike coming in both May and June?!

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For a long time there was a perception that the Fed would fight stock market selloffs. In today's @markets newsletter, I wrote about the opposite. Maybe the Fed or Powell is uncomfortable with stock market rallies.https://t.co/Pl5nZqsNJq pic.twitter.com/IdTS1104wb — Joe Weisenthal (@TheStalwart) March 22, 2022 Goldman Sachs raises US interest rate forecast – now expects Fed … Read more