When things could not get any worse – Atlanta Fed dropped their estimate of GDP to -2.1% from -1% day prior and +0.3% beginning of the week. I.e. Recession – here we come!
by BoatSurfer600 Two consecutive negative GDP print is a recession
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Morgan Stanley says SPX could fall a further 23% to 2,900.
The investment bank’s strategists, led by chief investment officer Michael J. Wilson, said in a Tuesday research note that the S&P 500 has yet to price in a full-blown economic recession. Wilson and his team stuck to their 3,400 end-of-year …
First Trillionaires Could Be From Texas
(The Center Square) – The world’s first trillionaires could be from Texas, according to a new analysis of the 30 richest people in the world. A new report published by the software company Tipalti Approve estimates that newly relocated Texas resident, Tesla …
Could Retail “Bagholders” Spark a Rally “Smart Money” Will Be Forced to Chase?
by Charles Hugh-Smith There would be some deliciously karmic justice in the “dumb money” driving a rally that forced the “smart money” to cover their shorts and chase the rally that shouldn’t even be happening. Being cursed with contrarianism, as …
Global food prices are soaring. Rice could be next
🌾 Global food prices are soaring. Rice could be next The United Nations’ Food and Agriculture Organization Food Price Index already shows international rice prices creeping up for the fifth straight month to reach a 12-month high.https://t.co/UU9c7cZFAz pic.twitter.com/bR2hzTegSK — PiQ …
El-Erian says inflation could hit 9%
Face The Nation, Released on 6/12/22 Mohammed El-Erian, the chief economic adviser to Allianz, says inflation could hit 9% before beginning to come down. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is …
IEA: Europe Could See Energy Rationing This Winter
By Tsvetana Paraskova IEA: Europe could be forced to start rationing energy this winter. Birol: The world faces a “much bigger” energy crisis than the one of the 1970s. On Wednesday, Birol called for conserving energy and boosting energy efficiency. …
SEC unveils plan to overhaul stock trading due to GME/AMC run last year. Looks like it could kill commission free trading.
by gargeug Link to the story: https://www.reuters.com/markets/us/wall-street-regulator-spell-out-push-overhaul-stock-trading-sources-2022-06-08/ After the GME/AMC run last year the SEC has decided to overhaul PFOF. This is how companies like RobinHood, TDAmeritrade and Etrade are able to offer commission free trading. In a nutshell, they intend …
Mega-tsunami in Pacific north-west? Could be worse than predicted…
Scientists have long predicted a giant 9.0-magnitude earthquake that reverberates out from the Pacific north-west’s Cascadia fault and quickly triggers colossal waves barreling to shore. But what if these predictions were missing an important piece of information – one that, …
Hurricane season could create an unprecedented fuel disaster
The pandemic stifled global refining capacity and sent fuel stockpiles lower. A busy hurricane season in the US Gulf Coast could push fuel prices soaring even higher, analysts told Insider. Now, upwards of 90% of fuel-making refineries are being utilized, …
A House Democrat plans to introduce a bill that would hit AR-15’s with a 1,000% tax — and it could pass Congress without GOP votes
The recent violence is prompting one House Democrat to draft a measure aimed at severely restricting access to the AR-15-style weapons used by different gunmen in the carnage. Rep. Donald Beyer of Virginia, a member of the tax-writing House Ways …
Milk prices in Canada could be going up for the second time in a year.
by SilverBoatSurfer Source: https://www.theglobeandmail.com/business/article-dairy-farmers-of-canada-seeks-second-milk-price-hike-this-year-citing/
How a crypto crash could spread to Treasury bonds and other fixed-income securities
by Boo_Randy Looks like its dawning on the Powers that Be that a crypto crash could spread contagion throughout the financial system. Moms, start preparing your basements for when your lil’ baggies move back in. https://www.marketwatch.com/story/how-a-crypto-crash-could-spread-to-treasury-bonds-and-other-fixed-income-securities-11653639671?mod=mw_latestnews A cryptocurrency crash could …
Sharp Decline In Russian Exports Could Send Oil Above $150: BofA
By Charles Kennedy of OilPrice.com Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our $120/bbl Brent target now in sight, …
Crypto billionaire could spend $1B for Democrats in 2024 election
by Boo_Randy Democrats: serving only their globalist oligarch bankrollers and pimps since time immemorial. Hey crypto baggies: remind me again how we’re on the same side. https://www.foxbusiness.com/politics/crypto-billionaire-2024-spending-democrats Sam Bankman-Fried says his donations will back ‘sane governance,’ not party politics
Horrific: A pro-aborter on Tiktok tells her infant daughter: “I could have killed you, but I chose to let you live.
https://twitter.com/LilaGraceRose/status/1529563193135308801
Stocks Could Very Well Break That Red Line This Time
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 …
What Could Go Wrong That Hasn’t Already Gone Wrong?
by Chris Black Lower middle class people were thrown a year or more worth of salary in stimulus the last two years. They didn’t work for it. They found out what it is like to be a ghetto mama on …
If the Fed has to raise interest rates a lot, it could begin to incur capital losses
It's notable the degree to which these concerns were aired out in FOMC discussions and briefing memos during QE3 in 2012-13. Powell in 2012: "We’re going to be paying billions of dollars of interest to our largest financial institutions and …
Dem legislation could end gun sales to all current firearm owners forever
Do you want Merrick Garland to decide if you’re eligible to own a gun every time you acquire a new firearm? Senate Democrats are pushing gun control in the run-up to the midterms, in the form of a bill introduced …
Only a central banker could spin this as a ‘strong economy’
Market Sanity – Twitter, Released on 5/18/22 Powell made the comments in an interview with the WSJ earlier this week (watch it here) https://twitter.com/MarketSanity/status/1527066089854746627
Ransomware is already out of control. AI-powered ransomware could be ‘terrifying.’ Costa Rica govt. threatened!
Ransomware is already out of control. AI-powered ransomware could be ‘terrifying.’ Hiring AI experts to automate ransomware could be the next step for well-endowed ransomware groups that are seeking to scale up their attacks. https://www.protocol.com/enterprise/ai-ml-ransomware-cyberattacks-automation Russian Conti Ransomware Gang Threatens …
NK Analysts Suggest a NK ICBM Test Could be Imminent Within the Next 48 – 96 Hours
President Biden will arrive in South Korea on Friday and hold talks with South Korean counterparts before visiting Japan a few days later. — (Not Elon) Doge (@IntelDoge) May 18, 2022
LEFTISM’S ENDGAME: Could It Happen Here? 200 Dead, as Sri Lanka Literally Runs Out of Gas.
Sri Lanka went woke and now it’s gone broke with enough gasoline to last “for a single day.” “The Ministry of Finance” of the Democratic Socialist Republic “is finding it difficult to raise $5 million required to import gas,” new President Ranil …
Staggering cost of providing Sydney’s public transport services could lead fares to surge
by Boo_Randy When will the sheeple make the connection between soaring inflation and Money Printer Go BRRRRR? https://www.news.com.au/national/nsw-act/news/staggering-cost-of-providing-sydneys-public-transport-services-could-lead-fares-to-surge/news-story/2c7dc7ab6e7465057f1b9750821169cd A leaked document has revealed the staggering cost of providing transport in a major Australian city – and that could mean fares …