https://twitter.com/WifeyAlpha/status/1524463230063632385 DXY getting ready for another attempt to breakout of 104. 🍿 pic.twitter.com/Vv6n9weNET — Preston Pysh (@PrestonPysh) May 11, 2022 $20 trillion in household net worth wiped out in 2022 — zerohedge (@zerohedge) May 11, 2022 I'm not quite sure about today's market reaction.. money is flowing toward dividend stocks which are outperfoming the market.. … Read more
scary stuff coming from the commies… ————————————– https://www.zerohedge.com/markets/watch-terrifying-chinese-super-drones-can-hunt-humans-packs-are-here Video of what are being called “Chinese super drones” has emerged over the past week, and the footage is being described as “terrifying”. Footage of 10 lightweight drones made its way into the ether this past week thanks to a team at Zhejiang University, who released the … Read more
by Chris Black No clue if there’s foul play here, but looking at the tally, don’t be caught lackin’ in Pew-Pew-Pewtin’s Russia. Alexander Subbotin is the 7th Russian oligarch to mysteriously die this year https://t.co/zMqysjzlsE — Newsweek (@Newsweek) May 10, 2022
by Chris Black Every time oil goes up, gas prices go up, to the point that we are now paying $190 per barrel equivalent at the pump. There isn’t a supply problem. Widespread US Diesel Shortages Send Crack Spreads To Mindblowing Highs https://t.co/TczW6B8Hjn — zerohedge (@zerohedge) May 11, 2022 At the current prices, refiners should … Read more
by Chris Black This is another instance of clownish news from clown world: the EU Border Chief quits in response to pro-invasion pressures. I guess the head of their border controls was not pro invasion enough. EU border chief quits in frustration over 'pro-migrant politicians and NGOs' stopping his men from doing their job. At … Read more
I literally can't believe these shitcoin charts. Look at this thing. Wait, what? Checks ticker. Amazon you say? Like the Bezos one with the guy that kinda went to space? That Amazon? pic.twitter.com/HhzfqNTj2B — The Wolf Of All Streets (@scottmelker) May 11, 2022 Crypto pic.twitter.com/AehuPb9H98 — Willem Middelkoop (@wmiddelkoop) May 11, 2022
https://twitter.com/leadlagreport/status/1524451021573038080
The new CPI numbers came out Wednesday morning, clocking in at a hefty 8.3 percent. Per CNN: The Consumer Price Index was up 8.3% in the 12 months ended in April, the Bureau of Labor Statistics reported Wednesday, slightly higher than economists had predicted. It was a decrease from the 8.5% recorded in March, which had been the highest … Read more
Best Buy out here hiring former All-American linebackers as employees pic.twitter.com/uOiD4ofQXl — NFL Memes (@NFL_Memes) May 11, 2022 This Best Buy has a better defense than your favorite NFL team pic.twitter.com/pBlilzeAj9 — NFL Memes (@NFL_Memes) May 9, 2022 https://citizenfreepress.com/breaking/shoplifter-gets-spear-tackled-by-best-buy-linebacker/
Sen. Joe Manchin (D-WV) said the bill "is not Roe v. Wade codification, it’s an expansion." pic.twitter.com/syw9xUrxSs — The Recount (@therecount) May 11, 2022 h/t CFP
Defund the Ministry of Truth! pic.twitter.com/X1cSFdfcjs — Rep. Jim Jordan (@Jim_Jordan) May 11, 2022
The Chinese military deployed forces all around the island of Taiwan over the weekend in a set of large-scale military drills that one Chinese military analyst called a “rehearsal of possible real action.” On Monday, the Chinese People’s Liberation Army (PLA) announced its Eastern Theater Command organized maritime, aerial, conventional missile and other forces around … Read more
DETAILS: https://t.co/OB4ztNkYAR — Insider Paper (@TheInsiderPaper) May 11, 2022 Mission accomplished: h/t Just An Observer
Sen. Rick Scott (R-FL) slammed Democrat President Joe Biden in a statement Tuesday over his mental fitness for office — an attack that the president quickly showed was a legitimate concern. Biden attacked Scott last week for criticizing the administration’s economic plans, adding that supporters of former President Donald Trump’s policies were “the most extreme … Read more
by Chris Black We are ruled by literal clowns. But we also have a decadent and stupid population that will believe anything, because it lacks basic economic knowledge. Biden asked if inflation is his fault. Joe says: “The bass majority of the, of the eh er uh economists think this is gonna be a tough … Read more
Carvana laid off 2,500 employees, many of them over Zoom (updated) https://www.engadget.com/carvana-zoom-layoffs-221427957.html SNIP: On Tuesday, online used car retailer Carvana laid off 12 percent of its workforce, reports Protocol. According to Twitter reports, the startup incited “mass hysteria” among workers when it sent a company-wide email at 7:30AM informing everyone of the impending job cuts … Read more
by Chris Vermeulen of The Technical Traders The US Dollar continues to attract capital from investors all over the world. But could this be a double-edged sword for US stocks? As capital flocks to the USD, this in turn hurts US multinationals as they need to convert their weak foreign currency profits back into USD. The USD safe-haven … Read more
by confoundedinterest17 April’s inflation numbers are out and, at first glance, inflation seems to be cooling from 8.5% YoY in March to 8.3% YoY. But the headline inflation numbers do not accurately reflect the pain and suffering of American households. Food is up 9.4% YoY and gasoline is up 43.6% YoY. The strange way the BLS … Read more
by spac-master
Stress in the credit markets is rapidly building but is still below peak levels associated with prior Fed pivots on monetary policy. We think the pain trade therefore is not yet finished before global central banks, most notably the US Federal Reserve, begin to pivot on tightening. Today, we look at the number of stocks … Read more