It’s all a ruse; an economic shell game being played for politics – nothing more…
Joe Biden Claims Current Gas Prices Lower Than When He Took Office, States Falsely Gas Was Over $5/Gal When He Was Inaugurated…
Why is Biden much less his staff incapable of differentiating between facts and disinformation?…
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…
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…
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…
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.”…
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…
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