The Tucker Text That Panicked Fox’s Top Brass: “It’s Not How White Men Fight”
The Tucker Text That Panicked Fox’s Top Brass: “It’s Not How White Men Fight” A Tucker Carlson text message captured during the discovery phase of the Dominion Voting Systems defamation suit against Fox News alarmed the network’s top brass and “contributed to a chain of events that ultimately led to [his] firing,” according to The New […]
New BBC Report Insinuates Russia Blew Up Nord Stream Pipeline
New BBC Report Insinuates Russia Blew Up Nord Stream Pipeline Authored by Steve Watson via Summit News, A new BBC report has pointed to ‘evidence’ in a documentary that Russian navy ships were stationed near the site of the blast that destroyed the Nord Stream pipeline three months before it happened, in a clear insinuation that it […]
WTI Extends Losses After Biden Admin Drains SPR By Most Since December
WTI Extends Losses After Biden Admin Drains SPR By Most Since December Oil prices are extending yesterday’s ugly losses as faith in the 2023 growth rebound narrative falter. As Bloomberg reports, at the start of the year, leading industry figures from trading giant Trafigura to Goldman were predicting that rebounding Chinese demand and sanctions on […]
Peter Schiff: The Fed Has Screwed Up Everything That Is A Function Of Interest Rates
Peter Schiff: The Fed Has Screwed Up Everything That Is A Function Of Interest Rates Via SchiffGold.com, The failure of First Republic Bank reveals that the banking system isn’t nearly as sound as Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell would have us believe. But as Peter explained in a recent podcast, it’s not […]
Bank Stocks: Do The Rewards Warrant The Risk?
Bank Stocks: Do The Rewards Warrant The Risk? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The recent failures of Silicon Valley Bank, Signature Bank, and First Republic and the poor performance of other regional banks serve as a reminder of the underappreciated risks of investing in bank stocks. It’s not just the inherent banking risks that […]
Treasury Keeps Quarterly Debt Sales Unchanged Ahead Of Second Half Surge, Stuns Market With Launch Of Treasury Buybacks
Treasury Keeps Quarterly Debt Sales Unchanged Ahead Of Second Half Surge, Stuns Market With Launch Of Treasury Buybacks The Treasury has published details of its quarterly refunding and subsequent Treasury auctions, and as previewed earlier, it kept sales of longer-term debt steady for the third straight time, in line with dealers’ forecasts, while unexpectedly announcing a […]
Ex-Fed Pres Kaplan Urges Powell To Pause, Warns ‘Bank Pain Is Just Getting Started’
Ex-Fed Pres Kaplan Urges Powell To Pause, Warns ‘Bank Pain Is Just Getting Started’ After yesterday’s bloodbath, Regional bank stocks tumbled further earlier this morning (before recovering) after former Dallas Fed President Robert Kaplan warns that the US regional banking crisis is far from over… “I’d prefer to do what’s called the hawkish pause, not […]
ADP Payrolls Unexpectedly Surge To 9 Month HIgh Amid “Clear Slowdown In Pay Growth”
ADP Payrolls Unexpectedly Surge To 9 Month HIgh Amid “Clear Slowdown In Pay Growth” Following yesterday’s ugly JOLTS data, which was so bad it actually sent stocks lower amid fears of a hard landing, moments ago the ADP – always one to surprise with its shocking wrong data, constant revisions notwithstanding – shocked when it […]