by confoundedinterest17 Damn it, Janet (Yellen)! So much for Treasury Secretary Janet Yellen’s proclamtion that inflation is transitory and would subside to under 2%. April’s core inflation (PCE Deflator) rose to 4.7% YoY. Despite M2 Money growth crashing to -4.6% …
U.S. money market fund assets hit a new record of $5.8 trillion this week as yield-hungry investors continued to turn to the short-term debt securities – a stark contrast to the 2011 debt- ceiling standoff when there were large outflows …
by confoundedinterest17 Remember when former Fed Chair and current Treasury Secretary Janet Yellen said that inflation was transitory? As usual, Yellen was wrong. Look at April’s new home sales. Up 4.1% since March even through M2 Money growth has collapsed. …
by confoundedinterest17 March’s Personal Consumption Expenditures Core Prices remain HOT despite The Fed crashing M2 Money growth. PCE Core price growth remained elevated at 4.6%. Personal spending in March slowed to 0% growth. The Taylor Rule infers a Fed Funds …
by confoundedinterest17 Crooner Peggy Lee said it best: Is that all there is? Unfortunately, US GDP grew at a pathetic 1.1% QoQ. Official estimates from the Congressional Budget Office (CBO) show that, since January 2021, legislation signed by President Biden has set in …
by scott_jr SpaceX explosion … disaster stunt with twitter check marks … stock tanks. Elon needs to sit out the next 4/20. Tesla is hoping the cyber truck and autonomy will save them. LOL Tesla (NASDAQ: TSLA) Inc controlled …
via cbc As Rehan Khan scans his 160 acres of muddy, partially snow-covered field, he sees golden — and red — opportunity. “The first year, I seeded oats. Then in 2022, it was wheat. This year, it’s red lentils,” said …
by: Kevin Hughes (Natural News) Elon Musk has committed to supporting free speech on Twitter following his acquisition of it in October 2022. However, a study proves otherwise – as censorship on the platform ramped up after Musk took the reins. A …
The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are nearing an end. Along with its ninth hike since March 2022, the rate-setting Federal Open …
Via Financial Times Credit Suisse has told staff that it will continue to hand out bonuses and pay rises as planned this year, despite the bank having to be rescued by UBS in a SFr3bn ($3.25bn) deal over the weekend. Shortly …
Having a demented, corrupt pedophile for president is not as bad as we thought it would be. It’s like watching a never-ending skit on Saturday Night Live, back when it was actually funny. Biden denies $1M in payments to family …
by confoundedinterest17 Well, the banking fiasco CREATED BY THE FEDERAL RESERVE is still with us. Why? Because the FDIC guaranteed deposits above $250,000 for the first time in history, bailing out millionaires/billionaires. I call this Crony Socialism (but I repeat …
View post on imgur.com https://www.bloomberg.com/news/articles/2023-03-13/blackrock-expects-fed-to-keep-tightening-despite-bank-turmoil View post on imgur.com https://www.cnbc.com/2023/03/13/something-broke-but-the-fed-is-still-expected-to-go-through-with-rate-hikes.html h/t dr0id
by confoundedinterest17 It’s just like The Fed to ignore what is going on and do something else. The one statement that Biden made in his State of the Union Address that was factually accurate was that inflation is coming down. Of …
Powell: "Financial conditions have tightened significantly over the last year." That's just false. They are looser now compared to when the Fed started. pic.twitter.com/L9ogB8rMsN — Sven Henrich (@NorthmanTrader) February 1, 2023 The Bloomberg Financial Conditions Index has risen to about …
by dollarcollapse Wall Street amazes me. Despite the current economic situation those at the Big Banks on Wall Street seem to think their words will just magically create financial stability for all but, this is what’s happening. The Federal Reserve’s recent …
Maricopa County turnout numbers on Election Day at 8:00 PM: Republicans received 52.7% of the vote. “Other” received 30.7% of the vote. Democrats received 16.6% of the vote. https://www.thegatewaypundit.com/2022/11/impossible-maricopa-officials-now-report-democrats-independents-voted-katie-hobbs-election-day/
Maricopa County turnout numbers on Election Day at 8:00 PM: Republicans received 52.7% of the vote. “Other” received 30.7% of the vote. Democrats received 16.6% of the vote. https://www.thegatewaypundit.com/2022/11/impossible-maricopa-officials-now-report-democrats-independents-voted-katie-hobbs-election-day/
by Boo_Randy “All animals are equal, but some animals are more equal than others.” — George Orwell They got power & control because our mentally and morally debased electorate voted for corrupt malgovernance. #FJB FTX Held Just $900MM In Liquid …
DOJ makes rare step of weighing in on court case involving armed Arizona groups ‘monitoring’ ballot boxes – warning the vigilantes they will likely be arrested despite federal judge ruling groups CAN camp outside local drop boxes The Justice Department …
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday’s preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline.
(Reuters) – California on Thursday approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects despite industry concerns that it will harm the sector and delay shipments to automakers. Governor Gavin Newsom, …
via washingtonexaminer: “Squad” member Rep. Cori Bush (D-MO) allegedly spent just under $500,000 on private security over the last two years despite public calls to defund the police, according to a new report. Bush’s campaign paid out over $100,000 for security services during the third quarter …
Jake Tapper’s debut as host of his CNN primetime show — which featured an exclusive interview with President Biden — failed to crack a million viewers and ended up in last place among the Big Three cable news networks. https://nypost.com/2022/10/13/jake-tappers-cnn-primetime-debut-fails-in-ratings/
Since January 2021, Mayor LaToya Cantrell has spent roughly $29,000 extra on airfare so she can fly business or first class instead of coach, despite a city policy that forbids employees from doing so, records show. The city’s longstanding travel policy directs employees to pay the …
German Economy Minister Robert Habeck has ruled out extending the life of its three remaining nuclear power plants in the middle of its energy crisis, according to German media outlet Focus. Germany will continue with its plans to phase out …
by Chris Black You let them do it once, they were always gonna do this again. U.S. FDA green lights Omicron-targeted COVID boosters ahead of revaccination campaign https://t.co/nrjDcMS5JO pic.twitter.com/OgKXqXjBZd — Reuters (@Reuters) August 31, 2022
by laflammaster I think they’re starting. Fed generally does not make such large % moves.
