Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas…
Finance
Latest News
Fed Watch: When They Call for the Bailiff You Know You’re Winning…
In the face of the Fed’s intransigent hawkishness we are now on the verge of exposing the worst lies of two generations of people in power. I’ve maintained for more than a year now that the global oligarchy known here as The Davos Crowd thought they’d run the table on the US and the UK with COVID-19…
The Great Economic Pretending Has Become Absurd, WSJ Economists Ignore Current Reality and Ponder Possibility of Recession in 2023…
I do not know how to describe this with the Through The Looking Glass absurdity it deserves…
IMF Meeting: CBDC Should Be Tied to Digital IDs to ‘push society into new equilibriums’…
Massive privacy concerns…
Atlanta Fed President Bought Low and Sold High in 2020 As the Fed Bailed Out Wall Street; Then He Failed to Report those Trades…
It was one year ago that Wall Street On Parade raised a multitude of red flags about Raphael Bostic, the President of the Atlanta Fed. We have published the entirety of that article below so that our readers can see just how long it took both Bostic and the Atlanta Fed to come clean with the American people about his trading on Wall Street…
September Consumer Price Index Shows Inflation Continuing to Rise More Than Expected, Fed Raising Rates Having No Impact Because It Is NOT Demand Side Inflation…
The Bureau of Labor and Statistics released the September Consumer Price Index (CPI) today [DATA HERE]. The financial and business media call the continued rise of consumer inflation “unexpected,” however, the results are not a surprise to those who are not pretending…
Oil Prices Crumble As Core U.S. Inflation Hits 40-Yr High…
Oil prices fell on Thursday morning following new CPI data that showed core inflation in the United States had risen to the highest level in four decades…
“Horrible”… “Brutal”…”A Disaster for Democrats”: A Shocked Wall Street Reacts to Today’s CPI Nuclear Bomb…
For all the talk of the world being on the verge of nuclear war courtesy of the dementia patient in the White House, a real life financial nuke just went off at 8:30am when the BLS reported a shocking CPI print so unexpectedly hot ( a 2.9-sigma upside surprise to consensus), that even the bears were shocked. The result was… well, an absolute disaster doesn’t even begin to cut it…
Real Average Hourly Wages Continue to Decline As Inflation Destroys Economy and Now Hours Worked Is Contracting…
The Bureau of Labor and Statistics (BLS) released the September wage report [DATA HERE] delivering worse economic news for workers…
Casino Banking: Wall Street Mega Banks Traded More in Their Federally-Insured Bank Than the Total for Their Bank Holding Company…
When something happens for the first time in history at federally-insured banks, Congress and federal regulators need to pull their heads out of the sand and pay attention…
Funding Panic Imminent? Fed Quietly Sends $3.1 Billion to Switzerland Via Swap Line…
BofA Chief Investment Strategist Michael Hartnett has a favorite markets phrase that may be the only one a trader in this day and age needs: “Markets stop panicking when central banks start panicking.”…
Government Officials Invest in Companies Their Agencies Oversee…
Hidden records show thousands of senior executive branch employees owned stocks in companies whose fates were directly affected by their employers’ actions, a Wall Street Journal investigation found…
Shocking Consumer Credit Numbers: Everyone Maxed Out Their Credit Card As Economy Slid into Recession…
While it is traditionally viewed as a B-grade economic indicator, the August consumer credit report from the Federal Reserve was another shocker especially after last month’s unexpected slow down in credit card debt, which we attributed to the surge in credit card rates…
Nomi Prins’ New Book: “No One Wanted to Call the Fed’s QE a Ponzi Scheme. But It Was.”…
Wall Street veteran Nomi Prins’ new book is being released today with a title that should give every member of the Senate Banking and House Financial Services Committees pause: Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. The book does what neither of these Committees has done for the American people…
Here Comes the Open Revolt: A Reeling Europe Lashes Out At the Fed for “Bringing Us to a World Recession”…
As a result of the Fed’s relentless tightening blitz, which on November 2 will have hiked rates by 75bps on four occasions in just 96 trading days, the fastest tightening campaign since Volcker, both US capital markets (the S&P 500 is down -24%, for the 4th worst year on record, only 1931, 1974, and 2002 were worse; and 10Y TSYs are down -17% for the worst year on record… 1987 second worse, and bonds were down -10%) and the US economy have been left reeling…
Republican Treasurers Pull $1 Billion from BlackRock over Alleged Anti-Fossil Fuel Policies…
Republican state treasurers are withdrawing $1 billion in assets from BlackRock’s control due to the asset manager’s alleged boycott of the fossil fuel industry, according to the Financial Times…
Transpacific Shipping Drops 75% During Peak Season as Joe Biden Energy Inflation Bites and Consumer Spending Collapses…
The economic data coming in the past week is in alignment with prior forecasts. Bottom line, energy driven inflation has collapsed consumer spending, inventories climbing, vendors are cancelling orders, and this is peak season for transpacific shipping- which has now recorded the most rapid drop in history…
Neil Oliver: ‘By taking back control of the money we can begin regaining control of our world’…
Neil Oliver: ‘Now is the time to take back control of money – Its creation, its value and its flow. By so doing, we can begin the task of regaining control of our world.’…
Saudi Arabia, Russia to Cut from 2M Bpd to 1.05 Million Bpd In November…
Saudi Arabia cuts production for November by 526,000 bpd from its current quota of 11.004bpd….
What You Need to Know About This Lawsuit Against Biden’s $1 Trillion Student Loan Giveaway…
Biden’s loan bailout looks even more like a rushed attempt to buy off student voters prior to November’s midterm elections…
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