Passengers Scream Recession as Powell Dives His Plane for a Soft Nose-Cone Landing

by David Haggith Having written my own articles about how we are going into recession dead ahead, I want to back those up with the chorus of alarmed comments everywhere now about Powell is power-diving our economy straight into a recession. Conversations throughout the cabin about our imminent demise The warnings of Michael Wilson, Morgan Stanley’s … Read more

Woke Activists Infiltrating Government Positions

by Martin Armstrong Morals and values have been discarded in Biden’s America. Biden’s latest hire Sam Brinton will join the Department of Energy’s (DOE) nuclear power office as the second-in-command of nuclear waste issues. Brinton earned his bachelor’s degree in mechanical engineering from Kansas State and completed a dual master’s program at MIT. “[B]y day … Read more

Surprise! US Existing Home Sales RISE 6.7% In January As Inventory Available Shrinks To Lowest Level Since 1981 (Panic Over Fed Rate Increases??)

by confoundedinterest17 Surprise! US existing home sales in January rose to 6.50 million units SAAR versus the expected 6.10 million units. That is a 6.7% increase over December. The disturbing news is the continued lack of available inventory that peaked in Q4 2007 and has continued its decline to today … the lowest level of … Read more

It’s hard to complete houses these days

Apartment Construction 🚧 @SoberLook pic.twitter.com/iTScu4vGix — Win Smart, CFA (@WinfieldSmart) February 18, 2022 It's hard to complete 🏘️ houses these days @SoberLook pic.twitter.com/mABI0wZ0je — Win Smart, CFA (@WinfieldSmart) February 18, 2022

Bitcoin is not Gold

The bitcoiners comparing gold to Bitcoin always make me laugh Bitcoin better compared to $ARKK whether they like it or not — Dollar Bill 🇺🇸 (@Dollar_Bill_100) February 18, 2022

Interest Rate Tightening Cycles are Great for Gold

Mark O’Byrne on Palisades Gold Radio Tom welcomes Mark O’Byrne back to the show. Mark is the Founder of Health Wealth Gold. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Mark discusses gold’s lack of reaction to current global risks. The metals should have moved higher in response to inflation. Supposedly, … Read more

Wolf Richter: level of stock market leverage is still GIGANTIC despite recent sell-off

The only measure of stock market leverage that is reported monthly is margin debt at brokers, via FINRA. Much of the stock market leverage isn’t reported, such as Securities Based Lending, and even banks and brokers that fund this leverage don’t know the leverage in the overall market, or even the leverage of their client … Read more

It only took the Federal Reserve about 109 years to ban insider trading among employees.

It only took the @federalreserve about 109 years to ban insider trading among employees. pic.twitter.com/1IMvPwBZp2 — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) February 18, 2022 https://t.co/zFuqcn1xip — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) February 18, 2022 Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies Federal Reserve officials won’t be able … Read more

Trudeau’s Deputy PM Chrystia Freeland Says That They Are Making Emergency Act Powers Permanent

Permanent emergency powers. That escalated quickly. https://twitter.com/THORmaximalist/status/1494836716036890627 Complete Totalitarianism. https://t.co/Raf3tA5Mi3 — Paranoid Bull (@paranoidbull) February 19, 2022 Come hit the slopes in family-friendly Canada! Get arrested in front of your family for not masking despite being exempt!pic.twitter.com/DdQzp13Ybc — Gummi (@gummibear737) February 18, 2022

2022 shaping up poorly for stock markets, bonds, house prices and cryptocurrency. Bulls, allow me to be the first and last person to tell you… You’re in trouble.

The spread between 30YR Mortgage rates & 30YR Treasury rates spiked to 1.61% This spread and economic expansions haven't coexisted for very long in the past The Fed has suggested they may start outright selling MBS (still buying this month). That's unlikely to help this spread pic.twitter.com/sdFJeHjaaV — Eric Basmajian (@EPBResearch) February 18, 2022 Bulls, … Read more

Doordash has a terrible business model. They literally lose money on every delivery. There is no path to profitability and no margins. The valuation is insane. This is not a $32B company!

#Doordash has a terrible business model. They literally lose money on every delivery. There is no path to profitability and no margins. The valuation is insane. This is not a $32B company! 🤷 pic.twitter.com/B8Si0kSj4X — WallStreetPro (@wallstreetpro) February 18, 2022