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Finance

Latest News

World_Economic_Forum_Davos

June 16, 2022 at 7:18 pm

Why the Fed Raised 75 bps and How to Break the Davos Crowd…

I sat down for a long chat with my good friend Crypto Rich over the weekend and have just found the 20 minutes to post them here. We did a series of videos, Duran-style, on a number of topics. They are all below…

Jerome_Powell

June 15, 2022 at 7:59 pm

Fed Hikes Rates By the Most in 28 Years, Signals Volcker-Era Is Back…

The Fed hiked rates by a stunning (but expected) 75bps – the biggest hike since 1994. Esther George dissented (preferring 50bps). Fed expresses that is “strongly committed” to fighting inflation…

donald_trump_ron_desantis

June 15, 2022 at 7:16 pm

Economic Security is National Security, and the Foundation of Economic and National Security Is Energy Policy, Biden Is a Threat to National Security…

Economic security is the foundation of national security. When the government takes action that destabilizes our economy, every element of national security is put at risk. We are experiencing that right now as we suffer through Joe Biden’s intentionally flawed energy policy that is destroying the U.S. economy and everyone within it…

joe_biden_gas_prices

June 15, 2022 at 6:57 pm

SHOT: Biden Threatens Oil Companies with ‘Emergency Powers’ If They Don’t Boost Supply…

Biden says oil companies are earning ‘historically high’ profits…

American_Energy_Joe_Biden

June 15, 2022 at 6:56 pm

CHASER: ‘Big Oil’ Responds to Biden’s Threats: Here’s 10 Things You Can Do to Ease Gas Prices…

Following President Biden’s letter to many ‘Big Oil’ executives, threatening them with forced production quotas, windfall taxes, and/or price-caps (because all those things have proved so successful in past crises… not), Exxon Mobil issued a reasoned response to The White House accusations and scapegoating:…

Gas Pumps

June 14, 2022 at 7:26 pm

Production Prices Continue Exceeding Current Consumer Prices, Meaning Higher Prices Still Coming…

The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released the May 2022 price data [Available Here] showing another 10.8% increase year-over-year in Final Demand products at the wholesale level…

Oil_Refiner_GettyImages_Rick_Mave

June 14, 2022 at 7:23 pm

Ssshhhh! Don’t Tell the Biden Administration We’re Importing Evil Russian Oil…

And in the first 100 days of the war, Russia earned 93 billion euros from fossil fuel sales…

Windmill_Farms

June 14, 2022 at 6:58 pm

Is the Biden Administration Purposely Destroying Reliable Energy in the U.S.?…

ESG mafias, inflation nation, & eco fanatics…

Jimmy_Kimmel_Joe_Biden

June 13, 2022 at 7:48 pm

High Gas Prices, Empty Shelves and Soaring Inflation Has Nothing to Do with Putin. This Australian Sets Her Viewers Straight (VIDEO)…

US President Joe Biden’s “performance” had “started badly and got worse” during a recent interview with Jimmy Kimmel, says Sky News host Rita Panahi…

NATO_Summit_2022_Ukraine_Crisis

June 13, 2022 at 7:28 pm

Western Economic Inflation is a Feature, Not a Flaw, Currently Hidden Behind the Purposefully Useful Sanctions Against Russia…

Joe Biden’s repeated use of the phrase “Putin’s price hikes” is intended to shift responsibility for inflation away from his own policy and assign blame to Russia. Biden is essentially pretending that Vladimir Putin has control over White House energy policy, in order to protect his administration from the American people realizing all of the economic pain they feel is being done purposefully…

gas_prices_kamala_biden_we_did_it_sticker_AP_Jae_C_Hong

June 10, 2022 at 8:07 pm

Poll: Most Believe Biden Admin Allowing Gas Prices to Rise to Get Americans off Fossil Fuels…Voters Have Caught onto the Scam…

Most voters believe the Biden administration is allowing gas prices to rise to force Americans to use less fossil fuel, a Convention of States Action/Trafalgar Group survey released Friday found…

Job_Creators_Times_Square

June 10, 2022 at 7:44 pm

Job Creators Network Puts Biden’s Failures on Times Square Billboard…

Job Creators Network (JCN) put up another billboard, which if wasn’t so painfully true, would be comical. It is located in the Mecca of all billboard areas: in the heart of Times Square…

Change_currency

June 10, 2022 at 7:09 pm

Government Employees Got $872 Million in Bonuses Out of COVID Aid Cash…

The federal bailout of state and local governments padded the paychecks of many public employees.

Inflation

June 10, 2022 at 6:57 pm

May Inflation Higher Than all Expectations at 8.6 Percent, Energy, Gasoline, Food Prices Continue Climbing…

The Bureau of Labor and Statistics has released the May inflation report [DATA HERE] showing a 1.0% increase in the month of May, bringing the rate of inflation to 8.6 percent. The highest rate of inflation in over 40 years…

russia_gas_oil_stock_gazprom

June 9, 2022 at 7:26 pm

The Biggest Reshuffle of Oil Flows Since the 1970s…

The Ukraine war has triggered the largest reshuffle of oil flows since the 1970s…

China_Uigurs

June 7, 2022 at 7:45 pm

Biden’s Blood Panels? Suspect Solar Panel Import Restrictions Eased…

Will President Biden’s Green Revolution be built on the blood of persecuted Chinese minorities? President Biden has moved to suspend restrictions imposed by the US Commerce Department, after tariffs were imposed following an accusation that Chinese manufactured components are being secretly incorporated into third party products…

government_cheese

June 7, 2022 at 4:30 pm

Remarkable Admission, Pete Buttigieg Announces Biden Inflation Plan is to Create Increased Dependency State and Apply Socialist Economics, Biden Led Govt to Provide Medicine, Childcare, Housing and Food…

Here is one succinct interview containing the smorgasbord of far-left policies the people behind Joe Biden are proposing as the solution to the inflation crisis they have created. It is remarkable to see it all packed into one 8-minute segment. There is so much crazy in here it would take a week of articles to unpack it…

Biden_supply_chain_task_force

June 7, 2022 at 4:19 pm

Biden Administration Quietly Raised Amount of Ethanol Required in Summer Blend Gasoline from Ten Percent to Fifteen, Three Predictable Problems Will Surface Soon…

Last Friday the Biden administration raised the mandatory amount of biofuel, specifically ethanol, that must be blended within the U.S. gasoline supply. The previous amount of 10% (summer blend) was raised to a year-round 15% (waiver) by the Environmental Protection Agency (EPA). This is likely to lead to two sets of bigger issues, less food and higher gas prices…

kgo_mendocino_gas

June 7, 2022 at 4:12 pm

Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?…

The owner of Schlafer’s Auto Body & Repair in Mendocino, California has made headlines at CNN, the Los Angeles Times, and across local TV affiliates in the past few days – and not in a good way. Schlafer’s is home to an independent Chevron gas station and, as of this weekend, it was charging the highest price for a gallon of regular gas in the nation: $9.60…

Federal_Reserve_Balance_Sheet_1914_to_2018

June 7, 2022 at 3:48 pm

Fed Data Shows a Half Century of Moderate Growth in the Fed’s Balance Sheet through Two World Wars – Then a Seismic Explosion Under Bernanke, Yellen and Powell…

Last month the Federal Reserve Bank of New York released its 2021 annual report from its “Markets Group.” That’s the group that operates a trading floor (complete with speed dials to the trading houses on Wall Street) at the New York Fed, located not far from the New York Stock Exchange, as well as another trading floor on the premises of the Chicago Fed, which is not far from the futures exchanges in Chicago…

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