‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

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by Boo_Randy Looks like Tech Bubble 2.0 is getting ready to go the way of its predecessor, since the absurd valuations blown up by central bank QE-to-Infinity were never going to be sustainable based on fundamentals. Be afraid, bubbleonians. Be very afraid. https://www.theguardian.com/technology/2022/may/15/tech-market-boom-bust-stocks Apple is no longer the most valuable company, Meta took a $230bn … Read more

Global Digital Currency To Enslave Humanity! 90% Of World Planning Central Bank Digital Currency

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by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the new report showing 90% of countries worldwide are planning the creation of a central bank digital currency, just in time for the great reset which sets out to make this a reality. With social credit, the collapse of currencies worldwide, inflation and overall chaos, it’s the … Read more

President Biden Signs Judicial Ethics Law Bolstering Stock Disclosures

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President Biden Signs Judicial Ethics Law Bolstering Stock Disclosures. Supreme Court justices, federal judges now required to promptly report their finances; legislation comes after WSJ investigation WASHINGTON—President Biden signed into law on Friday a bill that requires federal judges and Supreme Court justices for the first time to promptly disclose stock purchases and sales and … Read more

500,000 Aussies facing mortgage ‘cliff’ as ultra-low fixed-rate terms wind down

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by Boo_Randy The housing bubble busts in the hottest markets like Australia and New Zealand, where people borrowed as much as 11X their income due to insanely overpriced housing, are going to be spectacular. Got popcorn? https://www.news.com.au/finance/economy/interest-rates/500000-aussies-facing-mortgage-cliff-as-ultralow-fixedrate-terms-wind-down/news-story/c12c6a483498468ee017a48dba58d37d Hundreds of thousands of mortgage holders face a jarring surge in repayment costs in the coming months as … Read more

Mester: MBS sales could mean market losses for Fed

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by Boo_Randy Once again the Fed has blown the biggest housing bubble in history, pricing millions of the working poor out of affordable places to live, yet these gold collar criminals are still buying billions of mortgage backed securities every month from their bankster cohorts. https://finance.yahoo.com/news/mester-mbs-sales-could-mean-190336563.html AMELIA ISLAND, Fla. (Reuters) – If the Federal Reserve … Read more

THERE’S A ZUCKER BORN EVERY MINUTE…

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via Ed Driscoll  Inside the Collapse of CNN+, The News Channel’s ‘Apollo Mission:’ Hundreds of staffers were drawn to the streaming venture, positioned as network’s future; $5.99-a-month service lasted one month. For the more than 400 workers involved, it’s also the story of the dashed hopes of those caught up in a startup’s woes. CNN+’s rise and … Read more

The SEC Just Raised the Fees Investors Pay on Every Transaction, Even the Commission-Free Ones

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After this weekend, U.S. government fees on securities sales will quadruple. ​ Don’t panic. The charges are small. Very small. ​ For decades, the Securities and Exchange Commission has secured some funding for its regulatory activities from trading fees paid by brokers and exchanges. The rates of these SEC fees are adjusted periodically, as national … Read more

UK government not happy about Chinese takeover of UK company specialising in GRAPHENE

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Business Secretary Kwasi Kwarteng triggered a further review of a proposed China-linked takeover of a UK-based graphene firm, stepping in on national security grounds. He has written to the Competition and Markets Authority (CMA), instructing them to carry out an in-depth Phase 2 investigation of the planned acquisition of Perpetuus Group, with buyers including Shanghai … Read more

Biden is on the payroll of Putin?

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by Ed Driscoll  CRISES BY DESIGN: Biden admin cancels massive oil and gas lease sale amid record-high gas prices. The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday, as Americans face record-high prices at the pump, according to AAA. The DOI halted the potential to drill … Read more

It’s as if Biden himself “governs like a man who knows he’s not running again.”

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ONE-TERM BIDEN: Democrats Already Trying to Position Themselves for 2024. Have you noticed that Elizabeth Warren keeps putting herself in front of every new current thing? When Elon Musk’s takeover of Twitter was the hot story, she put herself front and center, then did the same thing with abortion. Do you think this is a coincidence, … Read more

Financial conditions are rapidly tightening

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4. Correlation or Causation. Stockmarket generally has a bad time when banks are tightening up on lending.@topdowncharts $MACRO $SPX $SPY pic.twitter.com/QlcmmDio2E — Callum Thomas (@Callum_Thomas) May 14, 2022 5. Correlation vs Causation pt 2: Shifts in bank lending standards point to upside risk for credit spreads…https://t.co/wo0tFSQNSB $MACRO $JNK $HYG pic.twitter.com/dK5h4JsRC9 — Callum Thomas (@Callum_Thomas) May … Read more