by laflammaster Unrealized gains dropped another $7.6B to -$88.4B where big banks lost $5.6B to -$62.8B. Treasuries/MBS dropped $4.4B to -$51.5B, where big banks lost $3.2B to -$30.4B. Since Feb-2021 (14m), the positions lost banks lost $106B!! H8 is the assets and liabilities of banks operating in US. The data that I use is from … Read more
Via International Man International Man: Whether we like it or not, the reality is, the Federal Reserve has an enormous influence over the dollar and the stock market. And right now, the Fed has an urgent and fateful decision to make. It can keep printing trillions of dollars, let inflation skyrocket or tighten monetary policy, and … Read more
by confoundedinterest17 As the US Treasury 2-year yield hits 2.507% (up from 0.128% when Biden was installed as President) and the number of Fed rate hikes over by February 2023 hits 9.6, Bankrate’s 30-year mortgage rate breached the 5% mark at 5.04%. The most recent data from on existing home sales show YoY sales in negative territory … Read more
https://twitter.com/libsoftiktok/status/1512161501007822850 Lefties are leaving California in droves, having destroyed it with their socialist agenda. They’re moving to Texas and Florida, where they’ll no doubt try to destroy that too Tess
by laflammaster Generally, yields start to diverge after the convergence, indicating some fuckery aboot- and I am seeing today 3Y diverge more from 20Y than I’ve seen throughout the week. Bond market, generally, is traded between large professional institutions. And it is a great signal for a market collapse, when the ‘smart money’ decide to … Read more
The rent is to damn high! Coming to America! This is why inflation is so serious. While elites in our country joke about inflation and dismiss it as a concern, this is Peru. https://t.co/UheLOlk6BR — Aaron Ginn (@aginnt) April 7, 2022 Protests erupt in Ica, #Peru, against President Pedro Castillo. Peru's new leftist government is … Read more
https://youtu.be/1xtGTVWrw-M CEO of CF Industries says fertilizer shortage will be biblical 20 Facts About The Coming Food Shortage That Should Chill You To The Bone h/t telling it straight
Dangerous….to the left. Will Musk drain the swamp? h/t BC-Wales
Another faces a jury of his peers and goes away for a long time. I do wonder how much of these kinds of cases are related to Epstein and Maxwell… h/t SchutzstaffelKneeGro
Everyone knows the conspiracy behind this one. However it looks like it’s no longer a “theory” and now it is simply a conspiracy. How many layers of the onion will the Durham investigation pull off? Enough to reach the center? h/t olymp1a
Strawberries, spinach and leafy greens are again the top offenders on @ewg 2022 Dirty Dozen — a list of the most pesticide-contaminated fresh fruits and vegetables, based on the latest tests by USDA + FDA.https://t.co/RHIYiEcIMp — Robert F. Kennedy Jr (@RobertKennedyJr) April 8, 2022 Legal does not mean safe For the more than 70% of … Read more
After 18 months with the judge ruling in their favor on nearly every issue, the DOJ did not get a SINGLE CONVICTION in the alleged plot to kidnap Gretchen Whitmer — Julie Kelly 🇺🇸 (@julie_kelly2) April 8, 2022 h/t CFP
By Lance Roberts Did Goldman Sachs destroy a persistent myth about investing in stocks? Sam Ro recently suggested such was the case for the “sacred CAPE ratio.” So, what is the persistent myth that is no more? “While valuations feature importantly in our toolbox to estimate forward equity returns, we should dispel an oft-repeated myth that equity … Read more
Steve Hanke – Twitter, Released on 4/7/22 Civil unrest is breaking out in Shanghai, China as Chinese citizens claim they cannot leave their homes to buy food due to lockdowns. Take a look.pic.twitter.com/7m0gR56waQ — Steve Hanke (@steve_hanke) April 7, 2022
by Martin Armstrong Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing. According to a Rent.com report, the national average for one-bedroom apartments is up 24.4% over the past year to $1,684, and two-bedroom units are … Read more
by Martin Armstrong Finance Minister Chrystia Freeland announced on Thursday that most foreigners would be barred from purchasing real estate in Canada for the next two years in an effort to combat the housing crisis. Home prices in Canada have risen over 50% since 2020 as demand steadily increases and available inventory diminishes. The Bank of Canada … Read more
From Wolf Richter at Wolf Street: We just knew this would be coming, given the sky-high home prices and the spike in mortgage rates: Homebuyer sentiment deteriorated further to a new low. The percentage of people who said that now is a “bad time to buy” a home jumped to 73%, another record-worst in the … Read more
https://youtu.be/fNk5fXZ0axw
President Joe Biden again falsely claimed he traveled 17,000 miles with the Chinese Communist Party’s and China’s President Xi Jinping, during his remarks on the White House lawn on 4/8/2022. Be sure to like, subscribe, and comment below to share your thoughts on the video.
Guido Fawkes – Twitter, Released on 4/7/22 Imagine if Trump had joked about starting World War IIIpic.twitter.com/4g6j7VnBav — Guido Fawkes (@GuidoFawkes) April 7, 2022