Spoofing the location of NATO ships, spreading disinformation on social media and threatening military repercussions are typical ploys from a well-worn Moscow playbook, analysts said ahead of an international naval exercise in the Black Sea co-hosted by the United States …
Wall St. For Main St., Released on 6/23/21 According to new IMF data out, The Bank of Thailand, Thailand’s central bank, followed up April’s record purchase of 43.5 tons with an even larger 46.7 ton purchase of gold in May. …
https://www.youtube.com/watch?v=nV-KL149sss The Central Bank war on cryptocurrency is heating up, while several investors have slammed the emerging FinTech. Plus, the E.U. has updated its list of countries approved for travelers entering the bloc. Meanwhile, a shocking report shows the Covid-19 …
via thehill: These emails come on the heels of a Fauci book that is supposed to be released in November. But after the FOIA-induced emails were released, it’s nowhere to be found on Amazon.com or BarnesandNoble.com. Perhaps it’s because the last thing …
by confoundedinterest17 Euphoria! US homebuilders have been euphoric about their prospects. Unfortunately, the recent report from the Mortgage Bankers Association (MBA) raises a few questions about sustainability of the housing boom. Mortgage purchase applications on a seasonally-adjusted basis peaked in January …
Sounds like our good friends, the Chinese are unhappy with us. China says we will give you a virus but we won't talk to you… Pentagon chief unable to talk to Chinese military leaders despite repeated attempts https://t.co/bq3QZl73rX — EndGameWW3 …
It may take more than a much-weaker-than-expected April jobs report to kill the U.S. stock market rally, analysts said, though the popular reflation trade — bets that stocks more sensitive to the economic cycle will outperform their peers — saw …
Here in FL nothing has changed despite Gov Desantis ending all lockdown and mask restrictions earlier this week. I still see people walking in parks and driving their cars with masks on still. In the grocery stores 99% of the …
🚨🚨 Tesla in China smashes into the rear of a truck at high speed despite the brakes lights being on for almost four seconds! See for yourself. H/T @StanphylCap $TSLAQ pic.twitter.com/4Y7ZLQ86an — TC (@TESLAcharts) April 22, 2021
Bezos, who founded Amazon in 1994, is the first major CEO to back the plan Biden last week announced details of a $2 trillion upgrade to U.S. facilities The improvements will be paid for by increasing corporate tax The rate …
by Lance Roberts Despite the recent correction in the markets, leading to a hedge fund imploding, investors remain exuberant. The hopes for more stimulus, government spending, and Fed liquidity displace fears of a correction. Before we get into the technical …
There’s a shortage of skilled tradespeople throughout the American economy, and it is a persistent problem that started well before the pandemic. But what’s behind that gap and what can be done? Paul Solman reports for our series, “Work Shift”, …
Did S&P go to sleep in 2019??The last two stimulus bills account for approximately 25% of GDP. Add another $2 or $3 trillion in infrastructure fiscal stimulus and your north of 33%. pic.twitter.com/98Ri9tXTrm — Jack (@JackPScott) March 16, 2021 US …
Theresa Dolata’s voice broke when she urged Minneapolis city leaders to support amendments that would give council members the authority to regulate rent prices in the city. “I don’t want to end up homeless again, I don’t want to be …
“The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Spain’s unemployment rate ticked up by a quarter percentage point to 14.7% in …
via @Schuldensuehner: an excessively low cost of capital allowed zombies to survive, and depressed prices. Outrageously easy monetary policies would become the Hotel California of central banking.
by Mike Shedlock The amount owed to retirees accelerated faster than assets on hand despite a record bull market. The Wall Street Journal reports the Long Bull Market Has Failed to Fix Public Pensions. “Some of the states allowed themselves to …
by Adam Taggart EHSToday “A bully is always a coward.” ~ Thomas Chandler Haliburton The current market rally is like a playground bully; shoving to the ground anyone in its path. But like all bullies, the braggadocio belies an underlying …
By Irina Slav Crude oil prices brushed off the Energy Information Administration inventory report today, which saw a 7-million-barrel build in crude oil inventories for the week to April 5. The authority also reported a reduction in gasoline inventories a day after …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Wave of Mega-IPOs is already baked into the cake.
There’s no shortage of risk taking, that’s for sure. Wall Street is putting its pedal to the metal. This is a huge mistake obviously but you don’t get rewarded by being risk adverse. You get rewarded by extending everything to …
via thefreethoughtproject: Elkhart, IN — Deeply disturbing video was released recently of several Elkhart police department officers conducting what looks like a torture scene from a Hollywood movie. Sadly, however, this was non-fiction and the handcuffed victim receiving the beat down …
by keptfloatin707 They’ve already started their campaign against Bernie and seemingly have already chosen their DNC nominee despite the fact Biden hasn’t announced his running yet.. It’s no secret here in this sub that MSM is controlled and owned …
US aviation agency gives nod to the 737 MAX as Boeing struggles to contain Ethiopia crash fallout The US Federal Aviation Administration has reaffirmed the airworthiness of the Boeing 737 MAX in the wake of the Ethiopian Airlines crash that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When you google “HELOC” the first batch of entries that come up are ads trying to get you to take out a HELOC. The most aggressive advertisers that outbid all others in my sample of one …
via trueeconomics: As raging buybacks of shares and M&As have dropped the free float available in the markets over the recent years, Earnings per Share (EPS) continued to tank. Yet, S&P 500 valuations kept climbing: Source: Factset As noted by the …
Europe is falling apart. If the plan was to have the Euro succeed, this was a massive failure. Just look at the economies of this group. It’s just getting worse every year. Banks are failing. Money is fleeing. The ECB …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The hope in early January has been unwound. A month ago, mortgages reappeared in the housing-hype circus, when it was widely reported that mortgage applications “soared” and “jumped.” Both types of mortgage applications did so: those …
