Dave Ramsey: Americans getting ‘hammered’ at gas pumps, grocery stores emptied ’emotional’ tanks
Charlatans like Dave Ramsey will never mention the root cause of inflation: the criminal private banking cartel called the Fed that exploits its control of our money issuance to further enrich the already super-wealthy at the expense of everyone else. Instead, he tries to steer stressed-out Americans to “mental health experts” and Big Pharma who … Read more
Australian shoppers could soon be hit with grocery, produce price increases (BOHICA time)
by Boo_Randy The Aussie sheeple elected globalist stooges who have turned their continent into a looting colony for the banksters & globalist oligarchs. Now they’re getting what they voted for, good & hard. https://www.news.com.au/finance/business/retail/australian-shoppers-could-soon-be-hit-with-grocery-produce-price-increases/news-story/96992a31e5b018df9308ee7a34df43c8 Aussie shoppers could soon see a fresh hike in their grocery bills as some manufacturers face cost increases of up to … Read more
Mortgage demand falls to nearly half of what it was a year ago, as interest rates continue to rise
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.20% last week from 5.13%. Refinance demand fell another 8% for the week and was 68% lower than the same week one year ago. Mortgage applications to purchase a home fell 3% for the week and were … Read more
Is Homelessness WORSE in Liberal or Conservative States?
It worse in liberal states but even worse in large liberal cities. In Commiefornia the real problem is the tolerance of open air drug markets. Drug addicts became a big share of the homeless. And Commiefornia will allow addicts to live on the streets until they die. In the meantime they’re allowed to crap on … Read more
Fannie Mae forecasts U.S. economy to fall into recession next year
The U.S. economy will contract next year, federally backed housing giant Fannie Mae forecasts. While Fannie Mae only modestly cut its 2022 GDP outlook by 0.2 points, to 2.1%,it slashed its 2023 GDP forecast to negative 0.1% from a previous estimate of 2.2% growth. “Our updated forecast includes an expectation of a modest recession in … Read more
Megyn Kelly Just Went Scorched Earth on Chris Wallace
Chris Wallace seems to have erred in leaving Fox News for CNN+ as he was frustrated with Fox’s 2020 election coverage and, in particular, with host Tucker Carlson. There was a recent report that detailed how many of the funds that were allocated to CNN’s new streaming service would be cut. Over the next four … Read more
State Representative from Massachusetts doesn’t understand checks and balances
by JamesHawk101 Everyone was telling her she must have failed 6th grade civics to not understand why this happened. Edit: here is the thread, even some Canadians chimed in saying they were surprised they knew more then a elected official about the US separation of powers. https://twitter.com/sabadosama/status/1516122937086160903?s=21&t=9Y6nN-w2DGmo26QIGABcDA
Japanese government bonds and/or the Yen look like they may be the first to fall.
by CommodityMoney This will have a near-instantaneous effect on other sovereign markets. Time is almost up to buy PMs, IMO. Bianco Twitter link in comments. 2/7 As this chart shows, the Bank of Japan (BoJ) has been operating with yield curve control since September 2016. The current iteration is targeting the 10-year JGB yield at 0% … Read more
In Spain electricity is now so expensive that people download apps to tell them when to best use electricity…dinner at 5pm instead of 9pm saves you 60% on your electricity bill…
by silvertomars What also sticks out is that in Spain the lowest price for electricity is € 0,1126 per kWh and the highest is € 0,2707 per kWh. In The Netherlands the price per kWh is € 0,6350. Two and a half times Spain’s highest / peak hour price! All in the same European Union. … Read more
Feds could limit water flow to Arizona, other western states
The federal agency that regulates water in Lake Powell warns that it may have to limit downstream water flow, affecting drinking water in Arizona and other western states. Tanya Trujillo, Assistant Secretary for Water and Science for the U.S. Department of the Interior, wrote governors’ offices of seven states about the continually falling water level … Read more
Twitter Founder Jack Dorsey Says He Saw CNN ‘Create Conflict’ In Ferguson ‘And Film It’ ….. “I know this from being on the streets of Ferguson during the protests and watching them try to create conflict and film it …”
Twitter co-founder and former CEO Jack Dorsey accused CNN Monday of creating conflict during the Ferguson riots for the media company and filming it. “I know this from being on the streets of Ferguson during the protests and watching them try to create conflict and film it causing the protestors to chant ‘f*ck CNN,’” tweeted … Read more
Money Should Not Control Politics or Media
by iamjcrook Journalism used to be a blue-collar middle-class profession now it’s an elite upper middle class profession and it shows
TOP PENTAGON OFFICIAL QUITS
A top Pentagon official has resigned, issuing a warning about the ongoing technological races between the United States and its adversaries. Preston Dunlap, who spent more than three years as the founding chief architect officer for the Space Force, appears to have resigned this week, posting a lengthy note on LinkedIn detailing what he believes … Read more
I for one cannot imagine why $NFLX is down 25% with this high quality content
https://t.co/Z47uahY7r6 — Wall St Ops (@iWallStreetOps) April 20, 2022 clowns pic.twitter.com/inLuA6QpHV — IV (@iv_technicals) April 20, 2022
Wow… Things are CLEARLY OUT OF CONTROL, inflation-wise, in Germany…. 31% PPI !!!
GERMAN PPI 30.9% (Forecast 28.2%, Previous: 25.9%) Wow… can you stay "German stagflation". BTW… hyperinflation is defined as inflation rates exceeded 50%/month. So… while the @ecb is "safe" on that front, things are CLEARLY OUT OF CONTROL, inflation-wise, in Germany. pic.twitter.com/8HDC5XIpol — Gordon Johnson (@GordonJohnson19) April 20, 2022 https://twitter.com/VSoien/status/1516742414056280070 #Blistering https://t.co/Mlg8Y4Q5wO — Danielle DiMartino Booth … Read more
Don’t be fooled. This is the theme of the next few months.
Don't be fooled. This is the theme of the next few months. https://t.co/09y4hXWVnF — IV (@iv_technicals) April 19, 2022 Momentum has a double fractal. The smaller fractal from January ended -25% lower at the one year neckline. This larger one has far greater downside potential. Potentially -50% or more. pic.twitter.com/4NZWey281m — Mac10 (@SuburbanDrone) April 20, … Read more
Don’t Fall For the Manipulations… Another Bloodbath is Coming!
By Graham Summers, MBA “Someone” is manipulating stocks higher. And the manipulations are getting even more desperate. Over the last two weeks, there has been a determined effort to manipulate the stock market higher. Time and again, stocks have gone vertical on new news or no major developments. Financial institutions do NOT attempt to move … Read more
How the Fed’s Tampering with the Policy Rate Affects the Yield Curve
by Frank Shostak via Mises At the end of March this year the difference between the yield on the ten-year Treasury bond and the yield on the two-year Treasury bond fell to 0.010 percent from 1.582 percent at the end of March 2021. Many analysts believe that a change in the shape of the yield spread provides an … Read more