The Fed-created wild drooling “investors” have learned nothing & huge comeuppance is ahead. The version 2.0 of The Big Short begins…

Steepest yield curve inversion I've ever seen. pic.twitter.com/CEY0bfrQyi — Financelot (@FinanceLancelot) August 10, 2022 This "buying all dips" nonsense (Micron only down $1.50) on epic horror show ahead – greatest glut in 4 decades I've followed semis… & the return to ridiculous "meme" stock buying – prove the Fed-created wild drooling "investors" have learned nothing … Read more

Consumer price increase is “Only” 8.5% this month, and we’re supposed to be happy about it?

🚨BREAKING🚨 CPI comes out at 8.5%, estimated 8.7% — unusual_whales (@unusual_whales) August 10, 2022 When the stock market rises 2% after inflation comes in at 8.5%, you know the system is broken. We are truly trading in a historic time which will be referenced for decades to come. — The Kobeissi Letter (@KobeissiLetter) August 10, … Read more

The U.S. Government: The Information Is Classified as Above Top Secret, We Can’t Name the Agencies Involved

Every “But her emails” hat or shirt sold helps @onwardtogether partners defend democracy, build a progressive bench, and fight for our values. Just saying!https://t.co/4TiUxjmRNY pic.twitter.com/rflM8fTAbw — Hillary Clinton (@HillaryClinton) August 9, 2022 View post on imgur.com https://www.nbcnews.com/news/us-news/hillary-clinton-emails-contained-info-above-top-secret-ig-n499886 View post on imgur.com https://www.politico.com/story/2016/01/hillary-clinton-email-server-top-secret-217985 h/t dr0id

Just a video of Justin Bieber Goosestepping on stage in Finland…

Justin Bieber, who's apparently still a thing, decided to goose-step and do a sieg Heil at a concert in Finland yesterday. The Conference of European Rabbis denounced his actions and demands an explanation. Will he repeat the performance when he comes to Israel this fall? pic.twitter.com/CtIoIgZl7T — Judah Ari Gross (@JudahAriGross) August 10, 2022 h/t … Read more

US July Inflation Remains Hot (CPI At 8.5% YoY) While Real Weekly Wage Growth Remains Burned (-3.6% YoY) Mortgage Refi Apps Down -82% YoY While Mortgage Purchase Apps Down -19% YoY)

by confoundedinterest17 The US July inflation report remains hot, hot, hot! While mortgage purchase and refinancing applications are not, not, not. The US consumer price index rose 8.5% in July. And real average weekly growth remains burned by horrid inflation, at -3.6% YoY. Data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending … Read more