The Federal Reserve won’t be able to get US inflation down to its 2% target without “crushing the economy,” economist Mohamed El-Erian warned on Friday, but he said the central bank is unlikely to officially change that goal post. “You …
by Chris Black I suspect the “institutional investors” in housing (Blackrock, Vanguard, the usual suspects) are just fine with the state of affairs. And that’s not a good thing. You will own nothing…you know the drill. US #Property Market Officially …
The new CPI numbers came out Wednesday morning, clocking in at a hefty 8.3 percent. Per CNN: The Consumer Price Index was up 8.3% in the 12 months ended in April, the Bureau of Labor Statistics reported Wednesday, slightly higher than economists had …
by confoundedinterest17 As we are painfully aware, The Fed’s exaggerated monetary flood combined with Federal stimulus spending has led to horrible inflation. Yes, despite what government talking heads say, Federal stimulus increases demand for goods, the supply is generally slow to …
By Graham Summers, MBA Pop quiz… what is the single best performing stock market sector of 2022? If you guessed tech or Bitcoin, you’re incorrect. It’s actually energy. And it’s not even close. Energy stocks are destroying EVERYTHING, including cryptocurrencies. …
by Charles Hugh-Smith Unbeknownst to those trembling in fear of a crushing recession, the crushing recession they fear is the only curative for a fatally distorted system which has lost touch with reality. Everyone looking at the inevitability of recession …
Food Rationing is Coming As a Supply Shock of a Lifetime is Imminent.
What do spoof western Blazing Saddles, cross-dressing comedy Tootsie, boxing drama Rocky and The Wizard of Oz have in common? Apart from being hugely successful, much-loved films, no connection may spring to mind. But according to a new expose of …
by confoundedinterest17 The Federal Reserve’s zero-interest rate policies (ZIRP) has The Fed Funds Target Rate at a measly 25 basis points or 0.25%. While this is great for some, it is disastrous for savers. Once we subtract off the inflation rate …
KETCHUM, Idaho — In a town where some of the wealthiest people in the country keep lavish homes, glittering and vast against a backdrop of sweeping mountains, officials are mulling over a plan to allow Ketchum’s nurses, teachers, and service …
by John Ward In the light of tonight’s unprecedented Parliamentary humiliation of the Prime Minister, it seems to me – if she really does respect the Constitution – that she has no alternative but to resign. However, the media have declared …
Most of them probably voted for the people who implemented the new law. I don’t feel sorry for them. via dailycaller: New York City hiked its minimum wage for the third time in three years on Jan. 1 and small business …
Jim Hoft for the Gateway Pundit reports, On Monday Former New Hampshire Governor John Sununu went on America’s Newsroom and ripped Axios for their flawed predictions on the midterm election. https://www.youtube.com/watch?v=l6IUfLpp4Lc Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
by Michael Lebowitz There is an old saying that proclaims, “it’s not the size of the ship, but the motion of the ocean.” Since this is a family-friendly publication, we will leave it at that. However, the saying has a …
by TFittonJW Reason to smile… Congrats to our tireless legal team: https://www.judicialwatch.org/blog/2018/10/berkeley-teachers-case-to-block-jw-from-getting-antifa-activism-records-entirely-frivolous/
https://www.youtube.com/watch?v=2JjRA0F1QZ0 Democrats are working with the Intelligence community that controls Silicon Valley to quash free speech as the midterms intensify. Working outside of and against the Trump Administration. Any dissent or information revealing their crimes or even expressing a conservative …
by Simon Black One of our major themes this year has been avoiding big mistakes… Mostly, we’ve been talking about avoiding assets that are irrationally expensive (like most stocks and real estate today). And we’ve been discussing ways to raise cash …
https://www.youtube.com/watch?v=p_x9UgqTEr8 Cristina Laila for the Gateway Pundit reports, On Thursday, Omarosa Manigault-Newman released new secret recordings of her December 2017 conversations with Trump’s daughter-in-law Lara Trump and it was a big flop. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
via BBG Investors fretting over the recent drop in emerging-market stock indexes may find comfort by drilling down into the details. Since June 18 — the evening U.S. President Donald Trump seemed poised to escalate the trade war by pledging tariffs on …
by stockboardasset Since the IRS implemented the private debt collection (PDC) initiative in 2017, National Taxpayer Advocate Nina Olson warned that low-income taxpayers whose debts are assigned to private collection agencies (PCAs) are being locked into debt servicing installment plans they cannot afford, …
by Harry Dent There’s no end to the insanity. Our central bankers and politicians are trying to keep this artificial bubble going at all costs. How shortsighted. How arrogant. How selfish! These politicians will be roasted in history, not just for …
via Danielle Park The Atlanta Fed is out today with its latest mark down in the US GDP growth estimate for Q1 2018: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.9 …
https://www.youtube.com/watch?v=2hnG8g-ZW7Y Tucker Carlson address college student loan debt with Professor Bryan Caplan (4-11-18).
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bull markets climb a wall of worry. What the heck happened? OK, it was an ugly week. Facebook (FB) dropped 14% and lost $75 billion in market cap. It’s down 10% year-to-date. It’s currently trying to …
via westernjournal: Facebook’s much-publicized demotion of publishers’ content in users’ news feeds has negatively impacted conservative-leaning publishers significantly more than liberal-leaning outlets, an analysis by The Western Journal has revealed. Liberal publishers have gained about 2 percent more web traffic from …
via Tom Bowley U.S. indices continued to tread water on Thursday, with mixed action among our major indices and sectors. The Dow Jones posted a triple digit gain (165 points), but the more aggressive NASDAQ and Russell 2000 indices both fell …