There is more to the current struggle between the oil-consuming west and the oil-producing nations than meets the eye and it runs far deeper than the war in Ukraine…
Federal Reserve Announces Major ‘Pilot Exercise’ for ESG Social Credit Score…
“Climate finance” is almost identical to that of the Chinese Communist Party’s social credit score system…
Nowhere to Hide: The Fed-Induced Bubble in Stocks and Bonds Is Blowing Up; Even the Typical Safe Havens of Gold and T-Notes Are Losing Money…
The corrupt political backdrop for today’s unprecedented market quagmire feels like a hyperbolic trailer for a low-budget sci-fi thriller: The former president of the only remaining superpower in the world has been charged with “staggering” frauds against banks – the ones he just deregulated as president…
Carnage: China Breaks, Apple Cracks Key Support, Yields Soar As Rate Hike Odds Surge…
The week started off badly enough with nothing short of epic devastation in China, as stocks listed in Hong Kong had their worst day since the global financial crisis amid concerns over Beijing’s close relationship with Russia, a surge in covid cases leading to a lockdown in Shenzhen, and renewed regulatory risks all of which sparked panic selling…
New York Times Rewrites the Timeline of the Fed’s Wall Street Bailouts, Giving Banks a Free Pass…
Last Friday, the New York Times officially embarked on what we have been expecting – an attempt to rewrite the current, ongoing Wall Street bank bailout. We were so certain that an alternative reality was going to emerge at the Times, that we had the foresight to create an archive of Wall Street On Parade […]
What in the World Is the Federal Reserve Thinking???…
You don’t use up all of your ammunition before the battle even begins. The U.S. economy has not even officially entered recession territory yet, although many experts are definitely anticipating one in 2020. When that recession arrives, the Federal Reserve is going to want as much ammunition to fight it as possible. So I was […]
Trump Blasts Fed, Says Interest Rates Are Too High…
President Donald Trump Federal Reserve on Tuesday described the Federal Reserve as a “problem” and said its interest rate target was too high. “I’d like to see the Fed with a lower interest rate. I think the rate’s too high. I think we have much more of a Fed problem than we have a problem […]
Trump Would Like to See Lower Interest Rates…Fed Is a Problem…
Dow Finishes Down 550 Points as Stocks Erase 2018 Gains…
U.S. stocks closed sharply lower Tuesday, extending a pre-Thanksgiving rout that has been fueled mostly by a selling in shares of technology and internet-related companies, but has now spread to ensnare the broader market. Sharp declines in Target and Lowe’s after disappointing earnings also contributed to the tone. U.S. financial markets will be closed Thursday […]