“President” Joe Biden described the US economy as, “Strong as hell,” in a recent sound bite. No one except his most ardent supporters, a vanishingly small number in reality, believes that…
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Single Greatest Wealth Loss in History: $100 Billion Zuck-Bucks Vaporized As Meta-Bet Bombs…
Mark Zuckerberg’s social media empire is collapsing after Meta shares crashed 24.5% from Wednesday’s close, sliding to the 98-handle late in the Thursday cash session, after dismal third-quarter earnings…
Some Media Won’t Tell You When the Saudis Snub Biden…
Last week the Saudis publicly snubbed the Biden administration. Several outlet picked up on that…
Steve Mnuchin Is Not Pretending, States U.S. Economy Is Already in Recession…
A lot of people didn’t like Steven Mnuchin as Treasury Secretary, I did. Secretary Mnuchin was an inside player, a billionaire himself, who worked for the outside team…
Bidenomics – Home Values Continue Dropping Quickly, Especially On West Coast – Meanwhile Rents Continue Increasing…
As inflation bites the working-class hard, U.S. household savings rates continue dropping fast. When combined with drops in home values the loss in home equity compounds the issue. American families are getting poorer much more quickly under Joe Biden’s economic policies…
The Fed’s Trading Scandal Broadens Into a Scandal with the Mega Banks It “Regulates”…
Last Thursday, Jeanna Smialek, who reports on the Fed for the New York Times, broke the news that the President of the St. Louis Fed, James Bullard, gave a private, invitation-only briefing on October 14 to clients of Citigroup – a Wall Street megabank that is supervised by the Fed and which received the largest bailout from the Fed from 2007 to 2010 in global banking history – a cumulative sum of $2.5 trillion in secret loans according to a government audit…
‘All of Us Knew’: Biden Ally Says Democrats Knew Inflation Was Coming After Spending Bill…
House Majority Whip Jim Clyburn (D., S.C.) on Thursday said congressional Democrats knew when they signed off on President Joe Biden’s multitrillion-dollar legislative plans that the laws would lead to increased inflation…
As Covid Hit, Washington Officials Traded Stocks with Exquisite Timing…
Some sold in January 2020 when the government began mobilizing against the threat. Others bought shares as a market-rescue plan was taking shape…
Another Appeals Court Finds Progressive Consumer Financial Protection Bureau Unconstitutional…
The Consumer Financial Protection Bureau (CPFB) was originally created by congress (Elizabeth Warren lead) as a quasi-constitutional watchdog agency to reach into the banking and financial system, under the guise of oversight, and extract money by fining entities for CFPB defined regulatory and/or compliance violations…
Please, Someone: Hit the Brakes On Biden’s Gas and Energy Nonsense…
Team Biden’s energy nonsense never stops. The latest: a bizarre claim that Americans are saving money — $120 a month, or $420 million in total since summer — at the pump…
China to Stop Reselling LNG to Europe…
Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas…
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…
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