Peter Boockvar says the Fed has its fingers crossed for a soft landing
CNBC, Released on 6/2/22 Bleakley Advisory Group CIO Peter Boockvar on whether the markets have priced in all the risks. Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.
NPR: Are we entering a recession?
Welp, looks like they’ve jumped off the Joe Biden train. —————- it’s being whispered and murmured about. The president is facing questions about it. Business leaders and investors are already bracing for it. The specter of recession is once again rearing its monstrous head. It’s feasible that the economy could chug along without any bumps … Read more
Report: India is Buying Up Cheap Sanctioned Russian Oil and Selling it to the U.S. and E.U. at Huge Profits
(InformationLiberation) India is buying up cheap sanctioned Russian oil, refining it, then selling it to the US and EU for huge profits, according to a report in the Wall Street Journal. The US has reluctantly given India permission to buy Russian oil because India has threatened to ditch their alliance with the America and ally … Read more
Teacher explains how she tried teaching second graders about non-binary and they said “that doesn’t make any sense!” The 2nd graders are smarter than their teacher. Not surprising.
https://twitter.com/libsoftiktok/status/1532414239695990796
Next Up: Eggs $1.00 / each
Get Ready for $1 Per Egg: USDA Forecast Predicts Highest Food Inflation Since 1980 https://pjmedia.com/news-and-politics/stacey-lennox/2022/06/01/usda-forecast-predicts-highest-food-inflation-since-1980-get-ready-for-1-per-egg-n1602498 The price of eggs increased 10.3% in April. The UDSA predicts an increase between 19.5% and 20.5% year over year in 2022. That could mean $1.00 an egg. Poultry prices will rise as much as 9.5%. The current projections are … Read more
Almost 60% of Americans blame Biden for inflation. MEANING THE OTHER 40% ARE RETARDED
Twenty-five percent of Americans are considering pushing off retirement due to inflation, which is up 8.3 percent Nearly 60 percent of Americans said inflation has ‘majorly impacted’ their savings and many are changing their spending habits to cope Forty-two are choosing cheaper brands at the grocery store and putting back nonessential items, like snacks Over … Read more
Ukrainians are selling US Javelins on foreign shadow trading platforms for $30,000 each.
🚨🚨🚨 Explosive news folks! Ukrainians are selling US Javelins on foreign shadow trading platforms for $30,000 each. https://t.co/LekWKErQ3W — Bad Kitty Unleashed 🦁 💪🏻 (@pepesgrandma) June 2, 2022
Save 20% on gas for anyone shopping at Publix.
by Remedial_Rebel If you spend $50 or more at Publix, you can get a prepaid gas card value of $50 for $40 with the following coupon. get it at checkout, they have different gas corps, Shell, Exon, etc. It’s a printable coupon. https://www.publix.com/savings/weekly-ad?path=printlistingdetail%2F-2025317118&storenum=00102 Note the effective date, June 2nd to June 5th. They don’t always have … Read more
Small Business Payrolls Collapse in New ADP Report for May, Total Employment Result Far Below Expectations
by sundance You do not need anyone to affirm that Main Street is in trouble, you can see it all around you. Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now prioritized around the higher cost of housing, energy, gasoline and food. Family earnings are spent … Read more
Short colleges?
by lolmobile Enrollment across all sectors of higher education continued to decline this past semester, extending a trend that began during the coronavirus pandemic, according to new data from the National Student Clearinghouse Research Center. Total enrollment for spring 2022 fell by 4.1 percent. The latest numbers mark the fifth semester in a row of … Read more
The Index Fund of Misery
by OldEffective9726 The sectors: dollar store, coz people will be poor pharmaceutical companies, coz of diseases going rampant game rental companies, coz people so poor they cant buy games only to rent or exchange rental real estate, coz people wont be eligible for a mortgage online conference, coz companies have no money for business travel … Read more
Sydney’s house price crash has arrived
by Boo_Randy The central bankers’ insane housing bubbles are starting to burst. Trillions in fake “wealth” created by the tsunami of central bank funny money is going to be vaporized. https://www.macrobusiness.com.au/2022/06/sydneys-house-price-crash-has-arrived/ The latest data suggests that Sydney’s house price crash has begun. CoreLogic’s daily dwelling values index has Sydney leading the nation’s dwelling downturn with … Read more
Biden CAUGHT Off Guard When Reporter Catches Him With The Question That Exposes It All
https://www.youtube.com/watch?v=oVGGVHJrZSg Gary Franchi From NextNewsNetwork.com reports, On Wednesday, Joe Biden admitted to not taking the baby formula problem seriously enough when it first happened and got visibly caught off guard when asked about the timeline of his response to the crisis. His remarks came after a meeting with formula manufacturers.
Shipping Container Shortage Push Supply Chains To A Breaking Point As Freight Rates Soar 150%
https://www.youtube.com/watch?v=2lMQKOyxh6w Supply chain problems are getting dramatically worse, aggravated by persistent port congestion and shipping delays, as well as a growing imbalance between container demand and available capacity. To make things worse, businesses are already facing another spike in shipping and freight rates as peak season approaches. Challenges keep piling on, and executives are warning … Read more
The Personal Savings Rate is at Great Recession Levels
by Martin Armstrong Saving money has become impossible for many amid 40-year high inflation. According to data from the US Bureau of Economic Analysis, the personal savings rate reached 4.4% in April after steadily declining from the 6% level seen in January. This marks the lowest rate on record since September 2008 amid the Great Recession. … Read more
Glenn Greenwald: Nobody knows where the money or weapons are going
That the Pentagon would lose track of where these dangerous weapons and this huge amount of cash were going was as predictable as it was dangerous. All Dems, including the Squad, didn't care, and thus did their duty and voted YES. And yet again, look what we have: pic.twitter.com/6uMvIbXF5G — Glenn Greenwald (@ggreenwald) June 3, … Read more
Woke Capitalism is all bullshit
by lboog423 Corporations love to virtue signal about their “values”, but if it affects their bottom line with other countries, then those values don’t seem to matter any more. That’s because they never believed in them to begin with.