For the first time in our history, Treasury is displaying the Pride Flag to express our solidarity with LGBTQ+ Americans during Pride Month. @USTreasury remains committed to diversity, equity, and equal opportunity for all. pic.twitter.com/QJK5o2yuGn — Secretary Janet Yellen (Archived) …
by Chris Black The economy was so bad in 2008 that monetary stimulus never seen before in history was required to rescue the stock market, causing the biggest stock rally in history, giving us multiple companies with valuations above $2 …
via mishtalk: PCE from BEA, CPI from the BLS, chart by Mish PCE vs CPI PCE stands for Personal Consumption Expenditures. Those numbers come from the Bureau of Economic Analysis (BEA) CPI stands for Consumer Price Index. Those numbers come from …
Wow – Japan’s economy is slowing quickly https://t.co/X0a9TAn4XD — Loren Boston THE FIAT WORLD IS WORRIED (@LorenBoston) May 31, 2022 NZ ANZ Business Confidence May: -55.6 (prev -42) — LiveSquawk (@LiveSquawk) May 31, 2022 #recession … #GFC2 Australia #Inventory edition …
by Samuel Briggs via Kinesis In this week’s Live from the Vault, iconic financial commentator and life-long stockbroker, Bill Holter, joins Andrew Maguire to share his eye-opening examination of the West’s insurmountable debt. As the Fed’s money-printing tactics start to closely resemble a Ponzi scheme, the …
TOPICS AND TIMESTAMPS: Upside Down 0:00 Economy Goes Down 0:23 Markets Up But Why 3:15 Insiders Buying 5:10 The Key 7:17
by Charles Hugh-Smith The sooner we start preparing for degrowth, the better off we’ll be. A Chinese proverb captures this succinctly: By the time you’re thirsty, it’s too late to dig a well. Let’s consider livelihood options in an unsustainable …
THERE'S A MASSIVE FISCAL TIGHTENING UNDERWAY These days all the focus is on the Fed's monetary moves. But people should also be looking at what's happening on the fiscal side, where an extremely rapid tightening is underway From the @markets …
by Michael Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really slowing down. Considering all of that, it makes …
by Peter Schiff of Peter Schiff Podcast · Dow and S&P see biggest drop since the pandemic. · #Walmart was the jab. #Target was the knockout punch. · Swiss Franc and Japanese #Yen show strength. FULL SHOW NOTES AND LINKS HERE
https://twitter.com/laughingmantwit/status/1527986460363735040 h/t dr0id
by Peter Schiff of Peter Schiff Podcast · Americans are spending more, but buying less. · Jeff Bezos calls out Joe Biden. · Businesses are absorbing costs, not gouging prices. · Ben Bernanke is right about Bitcoin. · Brace yourself for an economic …
Elon Musk is hitting President Joe Biden and the Democrats with some reality that they are not going to like. The Tesla, Space X and Starlink CEO has warned that the United States is economically headed the way of Venezuela …
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
by Chris Black It’s good that adults are back in charge. Welcome to Biden’s economy: $TGT stock is falling more than 25% in heavy trading after missing earnings estimates. The retailer said freight and transportation cost increases hit its bottom …
by Chris Black De-regulation was done to allow speculators into the energy market. Anyone with a PO Box could become an energy company. You just had to buy contracts for power on the open market and “sell it” to consumers. …
by Quant2011 Let me list the countries which produce something of real use. And export it, while import less. All the other countries are parasitic: import much more than they produce. Countries which will avoid total COLLAPSE: A Class Singapore …
by Chris Black https://t.co/GfHVWiA91q — Planet Today (@PlanetTodayNews) May 13, 2022 Here’s the deal: Most of those ships were forced to turn back and return to China. The window to sell the inventory this year blew by. The companies just …
by Frank Shostak via Mises For most experts, deflation is bad news since it generates expectations for a continued decline in prices, leading consumers to postpone the purchases of present goods, since they expect to purchase them at lower prices in the future. …
In Shanghai 63% of Japanese owned factories remain idle, with 28% below 30% of normal output. Meanwhile fences & razor wire are going up in parts of Beijing to keep people in their home & neighborhoods. This is a disaster …
The Fed assures us an easy landing is doable with GDP “growth” at -1.4%. Does anyone wonder whether those trees brushing the wingtips mean we’ve already missed the runway? But, hey, inflation was transitory, too. So, buckle up…. by Michael …
… Joe Biden accomplished the unimaginable. He destroyed the economy, destroyed the borders, destroyed foreign police, and created the greatest inflation 40 years in his one year in office. … 60% of Americans today are living paycheck to paycheck. But …
#Lockdown is taking a heavy toll on the Chinese #economy, making it physically impossible to buy property. In April, #property sales in top 30 cities dropped by 54% yoy, compared with -47% in March: Macquarie. pic.twitter.com/OWPoMNAmqa — ChinaPropertyFocus (@ChinaPropFocus) May …
The Bank of Japan decided to support its government bond market by implementing Yield Curve Control at the sacrifice of the Yen. As investors flee the Yen, the Dollar is rising which could crash the U.S. economy.
Nancy Pelosi says that the insane inflation and terrible economic numbers is an “aberration.” pic.twitter.com/9Q59FCmiFC — Greg Price (@greg_price11) April 29, 2022 h/t Jwnlwplus4
by OtaraMilclub The FED has to stop raising Rates even before they barely started. Who would’a Thunk It Lol…
It's not just Ark ETFs, ALL of small cap growth just broke key support. pic.twitter.com/A2AOycgoW4 — Mac10 (@SuburbanDrone) April 28, 2022 If we get capitulation now as appears to be happening in growth stocks. And the put/call ratio spikes. Then …
What a great article. A large part of the solar/wind power fantasy is storage. How, where, and at what cost would enough energy be stored to power the US? https://www.gatestoneinstitute.org/18469/wind-solar-power-us-economy The proposed transition to “net zero” via wind and solar …
by Josh Sigurdson with Tim Picciott via World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the recent shocking admission by IMF Director Kristalina Georgieva that too much money has been printed and they didn’t “think through the consequences” of printing …
by Bulletproof7 This 2.3T is equivalent i to the US spending about 4T. The US will have to print so the dollar doesn’t strengthen, btw… Also, the standoff between Russia and Europe Gas4Rubles is coming to a MAJOR inflection point. Just …