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BY DAVID HAGGITH “I think this recession is going to be worse than the Great Recession that started following the 2008 financial crisis…. Inflation is actually going to be exacerbated by the recession. So, Americans are going to have the worst of both worlds. A worse recession than the Great Recession of ’08 but worse inflation … Read more
FOR IMMEDIATE RELEASE 2022-88 Washington D.C., May 24, 2022 — The Securities and Exchange Commission today charged broker-dealer TradeZero America Inc., and its co-founder, Daniel Pipitone, with falsely stating to the firm’s customers that they didn’t restrict the customers’ purchases of meme stocks when in fact they did. In late January 2021, many brokers restricted … Read more
by The Phoenix The stock market is pretty scary these days, isn’t it? Anyone who is bullish on stocks… or thinks they are cheap and worth buying, keeps getting wrecked. It’s not entirely their fault; the non-stop interventions by “someone” keep making it appear as if there are real buyers in the markets. Yesterday showed us that … Read more
by Martin Armstrong Hillary Clinton is GUILTY of manipulating the 2016 US Presidential Election. No one believed Donald Trump when he said that the Russian collusion narrative was “fake news.” Top Clinton campaign manager Robby Mook testified under oath in federal court and confirmed that Hillary Clinton devised the Russia/Alfa Bank rumors. She encouraged her people to … Read more
NBC: Tensions are “mounting” in the Biden White House amid the “growing cascade of crises.” Biden is a FAILURE. pic.twitter.com/WcL9lkS1Bj — RNC Research (@RNCResearch) May 24, 2022
In recent months, NFTs (non-fungible tokens) have become increasingly popular with many celebrities promoting their own NFTs. Now, many fans who invested in digital tokens promoted by their favorite stars are financially “crippled.” One investor believes that celebrities “took their payouts and moved on while everybody who scraped by to invest in their futures got … Read more
I just read on Bloomberg that after hours Snapchat caused a 30 point drop in the S&P futures. You can't make this shit up. Better keep an eye on Go Daddy. When the crowd gets trapped in the casino with no way out, we'll probably realize I'm too bullish. pic.twitter.com/0QSb29RmCi — Mac10 (@SuburbanDrone) May 24, … Read more
by FarrisAT https://www.reuters.com/markets/us/bostic-baseline-is-pause-rate-hikes-september-assess-impact-2022-05-23/ It “might make sense” for the Federal Reserve to pause further interest rate hikes following expected half-point rate increases over the next two months as the central bank assesses the impact on inflation and the economy, Atlanta Fed President Raphael Bostic said on Monday. Bostic’s comments are the most overt suggestion yet that … Read more
by xxxlefmxxx 23-May-2022 06:08:02 PM – SNAP INC – SINCE CO ISSUED GUIDANCE ON APRIL 21, 2022, MACROECONOMIC ENVIRONMENT HAS DETERIORATED FURTHER AND FASTER THAN ANTICIPATED – FILING 23-May-2022 06:09:00 PM – SNAP INC – BELIEVE IT IS LIKELY THAT WE WILL REPORT REVENUE AND ADJUSTED EBITDA BELOW LOW END OF OUR Q2 2022 GUIDANCE RANGE … Read more
by stylishskunk Yes inflation is higher than it has been in 40 years. The Fed’s actions will determine if we will continue inflation, start deflation, or cause stagflation. There are a lot of similarities to the 70s and the Fed in a lot of ways is stuck between a rock and a hard place. So … Read more
by confoundedinterest17 As The Federal Reserve tries to fight inflation (it can’t thanks to Federal energy policies and bottlenecks), it is causing a disconnect between mortgage current coupon rate and the MBS index coupon. The disconnect is so bad that it is back to 1985 levels. The Fed can certainly try to cool inflation, but Biden … Read more
by Peter Schiff of Peter Schiff Podcast · Dow and S&P see biggest drop since the pandemic. · #Walmart was the jab. #Target was the knockout punch. · Swiss Franc and Japanese #Yen show strength. FULL SHOW NOTES AND LINKS HERE
As goes California, so goes the nation. This used to be said as a compliment. Now it’s a cautionary tale, and the country would be wise to heed it. Political commentator Michael Anton explains.
CBS Poll | Biden Approval 34% with Independents Only 34 percent of independents in the United States approve of how Joe Biden handles his job as president, a recent CBS News/You Gov poll revealed. The poll found that 66 percent of the 653 independent respondents disapproved of Biden’s job as president. The poll, taken from … Read more
The US is easing sanctions on Venezuela in order to secure access to Venezuelan oil both for Europe and the US. This is in the wake of the energy crisis caused by restricting the world’s access to Russian energy. All the geopolitical maneuvering highlights why it is time for the US Empire to come to … Read more
More details: https://t.co/aTQc7oZsCf — Jason Rantz on Seattle Red (@jasonrantz) May 22, 2022 h/t CFP
