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Walmart customers in six states will soon be able to have their orders delivered by drone in less than 30 minutes. Why it matters: This will be the first large-scale drone delivery operation in the United States. So far, drone deliveries have been available only in a few small towns, with customers selecting from a short … Read more
by Boo_Randy Well this is rich. “Zimbabwe Ben” Bernanke, who should be serving out a life sentence in a Supermax prison for his role in causing the 2007 housing bubble bust & the 2008 Great Financial Crisis – is “explaining” why his fellow Keynesian fraudsters at the Fed have fueled roaring inflation, rather than acting … Read more
by Boo_Randy The Bank of England sees no housing bubble. 1 GBP = $1.28 USD. A tiny studio flat which is so small the shower is in a wardrobe has gone on the rental market for nearly £1,000-a-month. The 108 square foot flat in Barons Court has no toilet and the shower – with only … Read more
by Howell–Jolly As Warren Buffett said, “The stock market is the only market where things go on sale and all the customers run out of the store.” Six months ago people would have been throwing their life savings into Facebook if it suddenly dropped to $200 and now they run from it at $170.
People around the world are likely to lose 50 to 58 hours of sleep a year by 2099 due to global warming, a new study revealed.https://t.co/M65bQOHyYi — CNN (@CNN) May 24, 2022 h/t JF Priest
Archbishop Vigano issues statement on W.H.O. Treaty pic.twitter.com/TlJvxcvqeW — Micky276 (@TheFarm99410868) May 25, 2022 ht/ Tess
Facebook and Instagram censored conservatives for their American energy independence statements even though fact-checkers disagreed on essential facts underlying the censored posts. Fact-checker Agence France-Presse (AFP) claimed the U.S. hadn’t been energy independent as part of an effort that censored the Media Research Center 27 times. Another approved fact-checker used the exact term “energy independence” … Read more
Sugar is the next food you might have a hard time getting your hands on as India announces it's limiting sugar exports https://t.co/1RNwtP1EcK — Business Insider (@BusinessInsider) May 25, 2022 India is capping sugar exports at 10 million metric tons for the year through September. India’s government said the move is to ensure domestic sugar … Read more
Top House Republicans are demanding answers from the FBI after court-ordered information came to light showing that the federal agency had collected the information of over 3 million Americans without a warrant. In a May 25 letter to FBI Director Christopher Wray, Reps. Jim Jordan (R-Ohio) and Mike Turner (R-Ohio) asked Wray to explain why his agency … Read more
No bad idea ever dies in Washington. Once it takes root, it will reemerge in another form. So, all the huzzahs about the demise of the Biden administration’s Orwellian “Disinformation Governance Board” are premature. As we note in our I&I/TIPP Poll, the board attracted widespread hatred among the public, with 55% saying that they wouldn’t trust … Read more
https://twitter.com/MFHoz/status/1529432140232163332 https://twitter.com/MarketSanity/status/1529262130351984642 Pandemic Stocks$PTON -87%$ZOOM -71%$NFLX -64% — John Tuld (@BradHuston) May 25, 2022 misses across the board Durable Goods 0.4%, Exp. 0.6%Durables ex transports 0.3%, Exp. 0.6%Cap Goods orders nondef ex aircraft 0.3%, Exp. 0.5% — zerohedge (@zerohedge) May 25, 2022 CNBC re forward-looking warnings from another retailer.Keep an eye on #retailers as an … Read more
by Boo_Randy The big news today was the 9 months’ supply of unsold new housing inventories in April, nearly doubling in the past year and classifying as a 2 SD event. Inventory excess is now at a level that in the past was consistent with a recession followed by a huge home price correction. — … Read more
by Boo_Randy Buh bye.. $Trillion market cap
by Boo_Randy When will the sheeple of the UK crack the code on their votes for the oligarchy’s hand-picked stooges who give the BoE free rein to print with wild abandon, and the soaring cost of living? https://www.dailymail.co.uk/news/article-10848489/Grocery-prices-surge-fastest-pace-13-years.html The price of groceries is rising at its fastest rate for 13 years, with prices for dog … Read more
via Lawrence McDonald on the Bear Trap Report: The Fed is promising $1T of quantitative tightening over the next 12 months? Who are they kidding?! Leverage finance markets are near frozen. Only two junk bonds have priced in May in the U.S high-yield bond market. There are no deals currently in the pipeline, per institutional clients … Read more
by BoatSurfer600 Source: https://www.farminguk.com/news/arla-boosts-june-milk-price-as-costs-increase-dramatically-_60450.html
Step 1) Decide arbitrarily that the answer is 2%. Step 2) Draw a line from the current number to 2%. Step 3) It didn't work, let's draw another line. — Lyn Alden (@LynAldenContact) May 25, 2022
by Sarah Hoyt It’s not just spending — Biden’s record regulations are driving inflation too. The role of regulations in the inflation crisis is largely overlooked but shouldn’t be. When Washington wraps the economy in red tape, businesses must spend massive sums on compliance. That cash doesn’t materialize from thin air. Every dollar that goes toward … Read more
Hillary Clinton Did It Her 2016 campaign manager says she approved a plan to plant a false Russia claim with a reporter. The Russia-Trump collusion narrative of 2016 and beyond was a dirty trick for the ages, and now we know it came from the top—candidate Hillary Rodham Clinton. That was the testimony Friday by … Read more
Anticipating the same for the US…. (ZeroHedge) Internet “blackouts” as a result of a “wave of bankruptcies” in broadband networks could be on their way. British daily newspaper The Shillograph noted this week that certain smaller broadband suppliers are “being pushed to the brink” that that the effects of inflation could eventually leave homes without … Read more