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The reverse repo award rate going up nearly 100% at the same time inflation at 40 years high
by ISayBullish The Reverse Repo Program (RRP) is, in layman’s terms, a program where market participants lend cash to the Federal Reserve, in exchange for an interest rate of usually 0.8% and typically overnight in exchange for Treasuries or other …
Americans’ confidence in police falls to its lowest level in nearly three decades, new Gallup poll shows
(CNN)Americans’ confidence in police has hit a new low — aided in large part by a growing gap between Black and White people about how much they trust officers. Around 48% of Americans said they have a “great deal” or …
Nearly half of Musks Twitter followers are bots and he is well aware
by Historical_Job_8609 Its is ironic, that not long ago Musk was taking over Twitter to rid it of “spam bots”, and now has the takeover on hold because they might exceed 5%!! The media is obsessed with Musk. If the …
Inflation Is Still Crushing Americans… Grocery Prices Up 10.8%, Most in Nearly 42 Years
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 …
The IRS could auto-fill nearly half of taxpayers returns, according to a new paper
— meaning they wouldn’t have to spend time and money filing their taxes (Business Insider) Every year, millions of Americans sit down to puzzle out their taxes — or pay someone else to do it. That’s not the case in …
TIL Elon Musk made nearly $6 billion dollars in donations after the UN challenged him to use “2% of his wealth to end world hunger”
by squaremild It’s weird — I remember a lot about the UN World Food Program challenge and his response: “Show me a plan of action for the $6 billion and I will sell the Tesla stock necessary today.” Well the …
Mortgage demand falls to nearly half of what it was a year ago, as interest rates continue to rise
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.20% last week from 5.13%. Refinance demand fell another 8% for the week and was 68% lower than the same week one …
Nearly 17 Million Dead Chickens And Turkeys And Counting – America’s Bird Flu Pandemic Reaches The “Catastrophic” Stage
by Michael Can you imagine what this country is going to look like if we have severe shortages of chicken and turkey by the end of the year? I don’t know why more people are not alarmed about the horrific …
Nearly 1.7 million homes sit empty in Florida. 16 million nationwide. What is going on?
TAMPA, Fla. (WFLA) — There are more empty homes in Florida than anywhere else, according to a new LendingTree study of home vacancies across the United States. Overall, the study found more than 16 million houses sit empty across the …
Import prices jumped nearly 11% in the past year. Consumer sentiment is absolutely terrible due to inflation
Import prices jumped nearly 11% in the past year, helping to fuel U.S. inflation Over the past year, overall import prices have climbed 10.9%. Export prices jumped 3% in February — the largest on record — and are up 16.6% …
YouTube deletes the Full Send Podcasts nearly hour long podcast with Trump for “misinformation”
A short clip if anyone is curious. Also, there are apparently re-uploads available on other channels if you search “full send podcast Trump.” https://youtu.be/MY0eNVm-nYA Trump’s statement on YouTube taking down his interview h/t h8xwyf
Hedge funds and other financial firms now own nearly 1/3 of the daily newspapers in America.
60 Minutes episode tonight was about the decline of local newspapers (gazettes, tribunes and journals) due in part to ruthless hedge funds buying them up. Hedge fund, Alden Global Capital, has been called a “vulture,” bleeding newspapers dry. This secretive …
MySpace2.0? Facebook *Meta* is nearly down 50%
by hearsdemons The company formerly known as Facebook, now likes to call itself Meta, has nearly lost half its value in 6 months. People like to tout investing in stocks because it’s supposedly safer than you-know-what, but losses like this …
Are they panicking? China cut another policy rate for first time in nearly two years, 10-year govt #bond yield hit lowest since May 2020
#China cut another policy rate for first time in nearly two years, 10-year govt #bond yield hit lowest since May 2020 https://t.co/DYg9krsWrT — YUAN TALKS (@YuanTalks) January 24, 2022
Hypocritical: Senator Tommy Tuberville purchased nearly $350,000 in $BABA. He has previously publicly stated fierce opposition to Chinese investments.
He previously invested more than $3.5 million in Chinese stocks like $BABA in Jan 2021. He failed to disclose these, filed late, and suffered no penalty. He introduced the Prohibiting TSP Investment in China Act to permanently ban funding in …
Since January 2020 the US has printed nearly 80% of all US dollars in existence. $4.0192 Trillion at the start of 2020, October 2021 $20.0831 Trillion
by max_wikstrom https://fred.stlouisfed.org/series/M1SL
Seems like the nearly $4B raised would not last much longer. Developers Face $12 Billion Trust Payments: Evergrande Update. Need to pay $103B in the next 13 months.
China’s struggling real-estate firms had another miserable month in November as a slump in home sales deepened. The country’s builders are facing $12 billion in trust payments coming due in December, posing a major challenge for an industry whose liquidity …
Cboe to Extend Global Trading Hours for VIX and SPX Options to Nearly 24 Hours, Beginning November 21, 2021
Aims to meet growing customer demand for SPX, VIX options to hedge and manage exposure to broad U.S. equity market and global equity volatility Move to extend global trading hours expected to complement upcoming planned launch of Cboe Europe Derivatives …
Beaver Moon: Partial lunar eclipse, longest since nearly 600 years ago, to occur during next full moon
The longest partial lunar eclipse in centuries is set to coincide with next week’s full moon, in an hourslong event that will be visible across North America and many other parts of the world. The Beaver Moon is expected to …
HK’s Captain America Pro-Democracy Activist Arrested For Nearly 6 Years Under National Security Law
A Hong Kong activist, Ma Chun-ma, widely known as Captain America 2.0 for carrying the superhero’s shield at protest rallies has been jailed. He was sentenced to nearly six years under a national security law.
Prices of Nearly Everything Now Surging
by moneymetals Bank Depositors Face IRS Audit Risk on Top of Inflation Risks Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. A big week for precious metals markets as inflation …
Woman awarded nearly 5 million dollars after police killed her son now facing 22 charges as she and 14 year old son used money to arm street gang
A few months ago, Christina Lopez ended a four-year battle with the city of Fresno, Calif., over the death of her teenage son. The unarmed 16-year-old was fatally shot by a police officer in 2017, and his mother and the …
Scammers Got Nearly 30% Of Arizona Virus Unemployment Pay
Vivili Hospitality Group proprietor Skyler Reeves reacts to Biden’s commerce secretary blaming a skills gap for a shortage of waiters Scammers were able to pocket nearly 30% of the $16 billion in unemployment insurance payments sent out by Arizona since …
The dangers of option spreads, how an $80 play turned into a nearly $60,000 short position
by Bluecoregamming I thought spreads were a way to gamble on options without having to worry about IV crush, and that’s still true, but pin risk is new and if you don’t know about it, it can eat you …
Nearly half of all NHS staff have no medical qualifications. 400 managers are paid more than the Prime Minister. Your taxes (NI) are going up to pay for this
Sajid Javid admitted on Wednesday that the NHS waiting lists would get worse before they get better. “We’ve seen that around seven million people haven’t come forward in the normal way because of the pandemic"Haven't come forward? They've been ignored!!! …
DHS SECRET TERROR WATCHLIST WITH NEARLY 2 MILLION PEOPLE ON IT EXPOSED ONLINE WITH NO PASSWORD
According to a newly released report from security researcher Volodymyr Diachenko, DHS last month had their highly-secretive terror/no fly watchlist with nearly 2 million so-called “suspected terrorists” on it exposed on the open internet “without a password or any other authentication …
Wayne Dupree: Joe Biden’s been wrong on nearly every major foreign policy issue over the past 40 years, and Afghanistan proves it
Obama’s ex-Defense Secretary Robert Gates wrote a damning assessment of Biden in his memoirs in 2015. His scathing verdict has, sadly, been vindicated by the president’s awful decision to throw Afghans to the wolves. This includes Biden’s opposition to going …
Brazil gold reserves surge nearly 100% in three months as Central Bank doubles purchases
Brazil’s central bank purchased over 62 tons of gold in three months through July 2021, raising the nation’s reserves to nearly 130 tons. The estimated growth of physical holdings reportedly amounted to 92.4%. The bulk purchase of 41.8 tons was …