Treasuries have third worst drawdown in a century
h/t BoatSurfer600
h/t BoatSurfer600
Looks like 2001 space odyssey station Spinning wheel for artificial gravity about same as moon Starship would be best option for hauling up the construction matetials https://www.zerohedge.com/technology/new-renderings-show-inside-luxurious-space-hotel-open-2027 New Renderings Show Inside Luxurious Space Hotel To Open In 2027 Starship capacity is 100 tons to low earth orbit I’m sure this is by far the lowest … Read more
by BoatSurfer600 Source: https://money.yahoo.com/mortgage-rates-hit-highest-housing-163507651.html
(Washington, DC) – Judicial Watch announced today that a federal court has ordered the FBI to disclose additional details about FBI and other officials “cc-ed” on the memo used to justify launching the “Crossfire Hurricane” spy operation against President Trump and his 2016 presidential campaign. Judge Carl J. Nichols has given the FBI until June … Read more
California had blackouts in 2020 when a heat wave meant there was insufficient power available as the sun went down and renewable sources shut down. Now California’s energy officials are predicting a repeat this summer if anything unexpected happens. California energy officials on Friday issued a sober forecast for the state’s electrical grid, saying it lacks sufficient capacity … Read more
h/t Boo_Randy
https://twitter.com/JTasTasTas/status/1522568502913253376 h/t John Dutton
The #recession that we are already in will be much worse than the Great Recession that followed the 2008 Financial Crisis. In addition to double digit #inflation the economy will be hit by mass layoffs as reduced consumer spending forces money-losing companies to slash payrolls. — Peter Schiff (@PeterSchiff) May 5, 2022 The #Fed created … Read more
https://www.bloomberg.com/news/articles/2022-05-06/china-orders-government-state-firms-to-dump-foreign-pcs Staff were asked after the week-long May break to turn in foreign PCs for local alternatives that run on operating software developed domestically, people familiar with the plan said. The exercise, which was mandated by central government authorities, is likely to eventually replace at least 50 million PCs on a central-government level alone, … Read more
Conservative leadership candidates Pierre Poilievre and Jean Charest square off over comment made about the ‘Freedom Convoy.’ “The average trucker has more integrity in his pinky finger than you had in your entire scandal-plagued Liberal cabinet."@PierrePoilievre slammed Charest's opposition to the Freedom Convoy during last night's @canstrongfree debate Watch the full debate: https://t.co/w5M1itpg01 pic.twitter.com/O4uEJ72FvC — … Read more
Canada’s inflation rate recently reached 6.7%, which is the fastest increase in over 30 years. As the cost of goods and services rise, many families are apprehensive about what their financial future holds. No matter what your circumstances are, rising inflation will have an impact on your financial situation. However, there are ways to prepare … Read more
Internet dot-com companies of the 90s' 'till Y2K are the cryptos, NFTs, SPACs, and R/E blind bid of the 2020s. When it comes to history, its rhyme vs repeat here. — Prashanth C (Pro) (@PrashanthcPro) May 6, 2022 More than 20% of NASDAQ Biotech Index’s members are trading for less than cash … figure like … Read more
Photo by Jon Vio From Peter Reagan at Birch Gold Group Looks like the latest statements from the FOMC meeting have taken their initial toll on the markets. The Fed decided to raise rates only 50 basis points, and initiated plans to “significantly reduce the Federal Reserve’s securities holdings.” More rate hikes are on the way as 2022 continues, and starting June … Read more
The Fed assures us an easy landing is doable with GDP “growth” at -1.4%. Does anyone wonder whether those trees brushing the wingtips mean we’ve already missed the runway? But, hey, inflation was transitory, too. So, buckle up…. by Michael Maharrey on Schiff Gold: Jerome Powell began hinting that inflation might be a problem last … Read more
The White House on May 5 defended the right of left-wing pro-abortion activists to protest at the homes of six conservative Supreme Court Justices, and avoided characterizing them as “extreme,” with outgoing press secretary Jen Psaki instead calling for “peaceful protest.” Further, the left-wing organization Ruth Sent Us posted the supposed addresses of six conservative … Read more
A bird flu virus that’s sweeping across the U.S. is rapidly becoming the country’s worst outbreak, having already killed over 37 million chickens and turkeys and with more deaths expected through next month as farmers perform mass culls across the Midwest. Under guidance of the federal government, farms must destroy entire commercial flocks if just one bird tests positive for … Read more
Obviously higher wages > higher possibility to go leverage on credit card.. the FED has created an atomic bomb — Alessio (@AlessioTMAD) May 6, 2022 Very concerning. Consumption is going to increase through the summer – what happens if supplies go to zero? https://t.co/quEj1zPk5I — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) May 5, 2022 Don’t get me … Read more
by Chris Black All this and the Fed has not even tightened yet. Stocks Suffer Longest Losing Streak In 10 Years, Long-Bond Battered As Fed-Cred Crumbles https://t.co/v3BFoiporG — zerohedge (@zerohedge) May 6, 2022 June should be an interesting month. And the markets have not even woke up yet to the high inflation economy we are … Read more
Jeannette Feliciano was sipping on cherry vodka and soda at Pulse nightclub in Orlando, “having a blast.” It was almost two a.m. when the sound of firearms broke out and turned her life upside down. Blood. Bullets. Debris. Dead bodies falling in front of her from the hand of “silent and methodical” terrorist Omar Mateen. … Read more
Elon Musk’s Boca Chica, Texas home has been revealed for the first time in exclusive DailyMail.com photos Musk, 50, has claimed his ‘primary’ abode is a $50,000 rental property near the SpaceX Starbase after downsizing and pledging to ‘own no home’ last year Neighbors confirmed the billionaire does indeed reside in Boca Chica – at … Read more