There’s more to this chart than meets the eye. The first caveat is that in 2020 the fed changed the formula for how it calculates M1, which was updated to be more expansive in terms of what sources are included in the total, leading to an overnight jump of trillions of dollars that caused some … Read more
by Chris Black The dollar plus jump in gasoline remains even though oil has lost the entire “invasion premium”. How can it be a Putin Price, if the war still goes on and oil isn’t above $120? The shipping nightmare continues unabated. Getting freight booked from Asia is virtually impossible. Looks like Christmas is gone … Read more
by Chris Black You think you live in democracy? The US is the single most corrupt country on Earth. Here, money is free speech and politicians are bought and paid for by the highest bidder. The primary dealer banks own the Fed, along with owning the government. Are you really that naive to believe the … Read more
by Chris Black Transitory, priced in, correction, fairly valued. Those things have no meaning in the new market. Transitory means the prices are here to stay. Priced in means that a stock will rally another 30% on news that was already known, when it actually happens. A correction doesn’t mean that the correct price is … Read more
A former biology teacher has been accused of child molestation in California, where she is facing 29 individual criminal counts. The Contra Costa District Attorney on Friday issued a statement on the allegations made against Anessa Paige Gower, a former teacher at Making Waves Academy in Richmond. The charter school has over 1,100 students in … Read more
by squaremild Yup, two years later and we’re still using “just two weeks” Seriously. Note the hyperlink section — “Politics”, not “Health” https://abcnews.go.com/Politics/cdc-extends-mask-mandate-planes-trains-weeks/story?id=84058598 When March 18’s expiration date for mask mandates came through it was extended by one month. Now that April 18th is approaching CDC extends that date to May 3rd. Two weeks to flatten … Read more
NBC: "Biden is trying to label this ‘Putin’s Price Hike,” but most Americans according to an NBC News poll are not buying that" pic.twitter.com/xz0yKI5mmQ — The Post Millennial (@TPostMillennial) April 13, 2022 Media and Political gaslighting only work for so long The narrative is breaking and folks realize the Biden administration doesn’t care about them … Read more
The west is turning communist. Do not comply. h/t throwaway79644
The producer price index, which measures prices paid by wholesalers, rose 1.4% in March and 11.2% from a year ago, both records for data going back to 2010. Prices for final demand goods led with a 2.3% monthly rise, while services prices gained 0.9%. Wednesday’s release comes the day after the BLS reported the consumer … Read more
Frank James, 62, has been named as the suspect in Tuesday’s shooting in Brooklyn, New York James remains at-large despite a multi-state hunt for him that also involves the FBI He was known to the bureau and was on a terrorist watchlist after an incident in New Mexico in 2019 For weeks before yesterday’s shooting, … Read more
by confoundedinterest17 The Federal Reserve’s two goals of price stability and maximum sustainable employment are known collectively as the “dual mandate.” Unfortunately, inflation is running away (bad) from employment gains (good). Sort of like “The Good, The Bad and The Ugly.” But just the Good and The Ugly combine to create the Misery Index. Here is … Read more
by Chris Vermeulen of The Technical Traders Historically, investors gravitate toward more defensive and commodity-focused sectors, such as precious metals, energy, commodities, and utilities, in late-cycle bull markets. Recently, the stock market is beginning to show us signs that the bull market may be coming to an end. Commodities such as energy, grains, and precious metals have all … Read more
CNBC, Released on 4/13/22 Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists … Read more
Something strange about her delivery h/t John Dutton
