LA Treasury announced that Louisiana will divest ALL Treasury funds from BlackRock, totaling $794M to be removed by year’s end

@ConsumersFirst applauds Treasurer Schroder's commendable decision to withdraw the state's assets from BlackRock's misuse. https://t.co/h3qwkpHoMC — Will Hild (@WillHild) October 5, 2022 The seeds of today's energy crisis were planted by BlackRock and others in their reckless abandonment of their …

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JP Morgan is worried who will buy all the bonds… with Fed, China, and Japan selling… and the Treasury running trillion dollar deficits… and bond yields still well below current rate of inflation… who will buy all the bonds…?

“Who Will Buy?” is the exuberant ensemble number from the 1962 musical hit Oliver! It is also the rallying cry of a number of investors and analysts who are worried about who exactly will be purchasing trillions of dollars worth …

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45p tax rate cut live: Tory blame game erupts with Treasury minister Chris Philp insisting that axing 45% tax cut was ‘not my idea’ as pound surges before falling back as Kwasi Kwarteng says he has not considered resigning

by Boo_Randy The UK’s political class, like our own, has one objective: to concentrate all wealth and power in the hands of their oligarch and corporate pimps and puppetmasters. As these vampires turn the economy into an empty looted husk, …

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Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury

by Boo_Randy The bills are starting to come due for 14 years of Keynesian monetary malpractice at the central banks. https://www.theguardian.com/business/2022/sep/21/reserve-bank-of-australia-rba-reports-loss-plans-to-cut-treasury-dividends-review-bond-buying-purchase-program Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found.

US Treasury Yield Curve Descends Further Into Darkness (-48.4 BPS) As Supply Of Homes Increases 30.7% In June (Fed Is Cooling Off Housing Market)

by confoundedinterest17 The US Treasury 10Y-2Y yield curve is descending further into darkness (aka, inversion). The 10Y-2Y yield curve hit the worst inversion since 2000 as the curve slope hit -47.7 basis points, inverting another -2.267 basis points today. Yes, the 10Y-2Y …

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Pushin’ Too Hard? US Treasury Yield Curve Inverts To -45 Basis Points (Most Inverted Since 2000) Despite Senate Passing “Inflation Reduction” Boondoggle

by confoundedinterest17 Is The Federal Reserve pushin’ too hard on raising their target rate? The US Treasury 10Y-2Y yield curve descended further into inversion, signaling impending recession. The US unemployment rate (U-3) tends to be the lowest when the 10Y-2Y yield …

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US Treasury Secretary Yellen Says Signs of US Recession Aren’t in Sight for Now (As Yield Curve And Atlanta Fed GDPNow Tracker SCREAM Recession)

by confoundedinterest17 Just remember, the US economy had strong employment figures just prior to the 2008 Great Recession and financial crisis, so US Treasury Secretary Yellen, Biden’s economic cheerleader Bernstein and Obama’s economic cheerleader Sperling are all relying on a bad …

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Treasury Secretary Janet Yellen DENIES economy is in recession but admits it’s ‘slowing down’: Biden official says 9.1% inflation is ‘too high’ but ‘signs’ of a downturn aren’t there

by Boo_Randy Even by the abysmal standards of the Brandon regime, how does this vile, mendacious hag still have a job? https://www.dailymail.co.uk/news/article-11043837/Treasury-Secretary-Janet-Yellen-DENIES-economy-recession-admits-slowing-down.html Treasury Secretary Janet Yellen conceded that the economy is ‘slowing down’ on Friday amid fears of a looming …

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