‘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