At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply. One previously unreported dispute …
They claim to be doing this because heavier vehicles cause more damage to infrastructure such as roads and highways. This is true for big rigs, but not cars and small trucks! They set max weight at only 6000 lbs. so …
by Shaun Richards Today we can link several of our themes and we can start with the subject that is on so many minds which is energy. The place that is most exposed is Europe via its reliance on gas …
It's notable the degree to which these concerns were aired out in FOMC discussions and briefing memos during QE3 in 2012-13. Powell in 2012: "We’re going to be paying billions of dollars of interest to our largest financial institutions and …
The California legislature is going to miss a May 1 deadline to kill the annual summer increase in its 51-cent gas tax , Gov. Gavin Newsom’s office said. The increase goes against Newsom’s January promise to motorists that he would …
Senate Majority Leader Chuck Schumer (D-NY) on Tuesday said the only way to reduce inflation caused by Joe Biden and the Democrats is to raise taxes on Americans. Senators Schumer and Manchin discussed a new tax hike and deficit reduction …
Human rights groups have apparently raised “concerns” about the alleged proliferation of hate speech on social media following billionaire Elon Musk’s purchase of Twitter. Even though Elon Musk has implemented no new changes on Twitter, human rights groups have seized …
https://www.youtube.com/watch?v=efFMGSDxnF8 Mariupol: Russian and DPR forces raise their flags over the Headquarters of the Azov Regiment – YouTube h/t Davis558
The greater the outflows from bonds the faster THE FED will need to raise. The only way to stop higher rates and the inevitable demise of the property market IS the collapse of the stock market. Enjoy what's left Because …
I Know You Don’t Think So. You’re Wrong [Comments enabled] https://market-ticker.org/akcs-www?post=245472 Powell once again jawboned Monday, stating that “he knows” inflation is “much too high” and that The Fed “will” act as required to stop it. First comes the jawbone. …
New York (CNN Business)The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary policy, according to Fed Chairman Jerome Powell. Between a strong job market and soaring inflation, “there is an obvious need to move …
by confoundedinterest17 This is the chart from hell as The Fed is expected to take interest rates higher. At least mortgage rates are down slightly today. With 8+ rate hikes forecast over the next twelve months. Meaning that Powell’s Fed money gun …
by Mac Slavo of SHTFplan Since March of 2020, Americans and the world alike have watched from the sidelines as power-hungry politicians have ushered in draconian lockdowns, shutdowns, police state measures and brought the economy to its knees. Now, thanks to the slavery …
Amid economic turmoil for the American people, their representatives in Washington gave their offices a double-digit raise this month even as the average American worker finds their real wages decreasing due to inflation that outpaces wages at new. If you …
As part of the $1.5 trillion omnibus spending bill released Wednesday, the $5.9 billion fiscal 2022 Legislative Branch funding portion would substantially boost the office budgets of House members to pay staff more and seeks to enable the Capitol Police …
by confoundedinterest17 Jay “The Revelator” Powell has told us in The Fed minutes that The Fed is ready to raise rates and shrink the balance “soon.” Sort of like saying “Shock and Awe” is coming. The minutes of the recent Fed Open …
Kellogg may cover higher input costs due to skyrocketing inflation with higher prices and productivity, CEO Steve Cahillane told CNBC on Thursday. “We don’t want prices to get too high, but we’re in an environment where it’s broad-based, it’s across …
by Shaun Richards Today has brought a reminder of our themes for 2021 and also a much longer running one. So let us start with the longer-running one. (Bloomberg) Under current conditions and inflation forecasts, “an increase in interest rates is …
https://www.businessinsider.com/dollar-tree-criticized-price-hike-loyal-customers-unhappy-shopping-retail-2022-1 Dollar Tree left many customers feeling angry and disappointed after it raised prices, CNN reported. According to the outlet, shoppers have been using various social-media platforms to express their feelings. One customer said they were “sick to my stomach” over the …
https://twitter.com/WallStreetSilv/status/1483230388675829761
Why YSK: The US inflation rate rose to 6.8% over the previous year. https://www.theguardian.com/business/2021/dec/10/us-inflation-rate-rise-2021-highest-increase-since-1982 h/t samg76
Over half of the states in the U.S. will increase minimum wage in 2022, according to a report. As reported by the Daily Caller, 26 states will raise their minimum wages, with 22 of the states starting the increase on …
https://twitter.com/libsoftiktok/status/1473787418041995266 h/t John Dutton
The United States pays its debts when they are due. That’s why today, I signed a bill to fast-track the process to raise our debt limit. pic.twitter.com/Rx4MNC1XS9 — President Biden Archived (@POTUS46Archive) December 11, 2021
by Tom McClellan The Federal Reserve Open Market Committee (FOMC) is still stuck at 0-0.25% as its target for the Fed Funds rate. This is the interest rate at which commercial banks lend each other money overnight to balance their deposits …
Wait, are there NIMBYs in the metaverse? — Ramp Capital (@RampCapitalLLC) December 1, 2021 “This is like buying land in Manhattan 250 years ago as the city is being built.” We have lost our f*cking minds. h/t Ok-Cauliflower7356
News of rising food prices has frequented headlines in recent months, and there doesn’t appear to be any reprieve in the near future. CNN Business reported Nov. 23 that General Mills plans to raise prices on hundreds of products across …
Last night, an unassuming Kyle Rittenhouse stunned Carlson’s audience when he told the top-rated Fox News host that Lin Wood and John Pierce, the other attorney representing him, could have bailed him out of jail earlier, but instead, left him …
OPINION: Our current economic success is a debt-fuelled Ponzi scheme where everyone has a stake in the fictional statements issued each month. The party is going to end and it will not be pretty. Since the Great Depression, Western economies have run a …
By Michael Lebowitz History Warns The Fed Will Raise Interest Rates More, Not Less “Currently, the December 2019 Fed Funds futures contract implies that the Fed will reduce the Fed Funds rate by nearly 75 basis points (0.75%) by the …