BOJ Tweaks YCC For “Greater Flexibility”, Sending Bond Yields Soaring
BOJ Tweaks YCC For “Greater Flexibility”, Sending Bond Yields Soaring In a central bank decision that was a far more uncertain nailbiter than the Fed’s guaranteed 25bps hike, moments ago the BOJ revealed that in a unanimous vote it would keep rates at -0.1% and also keep the 10Y JGB yield target at 0%, but […]
Looking To China For The Next Leg Higher Carries Risks
Looking To China For The Next Leg Higher Carries Risks By Michael Msika, Bloomberg Markets Live reporter and strategist Investors are counting on China to shake European equities out of a lull, but strategists warn that officials’ measures to bolster the world’s second-biggest economy may fall short of expectations. Most of the Stoxx 600’s gains […]
Journalists Attacking The Film ‘Sound Of Freedom’ Should Have Their Hard Drives Investigated
Journalists Attacking The Film ‘Sound Of Freedom’ Should Have Their Hard Drives Investigated Authored by Brandon Smith via Alt-Market.us I recently went to see the movie Sound Of Freedom with the expectation of a moderate level of political commentary or religious pontificating, given the rabid and widespread attacks on the film by the leftist media. […]
Detroit Police Commissioner Caught With Prostitute, Asked Arresting Officers To “Help Him Out”
Detroit Police Commissioner Caught With Prostitute, Asked Arresting Officers To “Help Him Out” If you think corruption and crime is out of control in your city, just think: it could be worse. You could live in Detroit, where a member of the Detroit Police Board of Commissioners was recently caught soliciting prostitution. And, like any good police […]
NYC Mayor Compares Constituent To A Slave Owner In Response To Criticism
NYC Mayor Compares Constituent To A Slave Owner In Response To Criticism Submitted by ‘BlueApples’, Eric Adams’ quintessential brash attitude was initially an attribute that cultivated a sense of commonality with the New Yorkers who voted to make him the city’s 110th mayor. Since he took office, that defiance and hard-headedness in the wake of […]
Speculation In A.I. May Face Challenges
Speculation In A.I. May Face Challenges Authored by Lance Roberts via RealInvestmentAdvice.com, The current market speculation surrounding artificial intelligence (A.I.) has garnered everyone’s attention. You can’t turn on a television or pick up a newspaper without a mention of “artificial intelligence.” The “F.O.M.O.” (Fear Of Missing Out) in stocks associated with developing and implementing artificial intelligence is evident. The chart […]
California’s War Against Prosperity
California’s War Against Prosperity Authored by Edward Ring via American Greatness, According to the U.S. Small Business Administration, small businesses are the backbone of the U.S. economy, generating 44 percent of all business activity. Take them out of the equation, and the economy collapses. But that is exactly what’s happening. The cards are stacked against […]
Repeated COVID-19 Vaccination Weakens Immune System: Study
Repeated COVID-19 Vaccination Weakens Immune System: Study Authored by Zachary Stieber via The Epoch Times (emphasis ours), Repeated COVID-19 vaccination weakens the immune system, potentially making people susceptible to life-threatening conditions such as cancer, according to a new study. A man is given a COVID-19 vaccine in Chelsea, Mass., on Feb. 16, 2021. (Joseph Prezioso/AFP […]
AR & VR Adoption Is Still in Its Infancy
AR & VR Adoption Is Still in Its Infancy In its quest to making the metaverse the next big thing in tech, Facebook’s parent company Meta unveiled a new virtual and mixed reality headset on Thursday. Starting at $499.99, the Quest 3 is much more affordable than the Quest Pro that was launched last fall, while offering […]
Dangerous Global Shift From Dollar Driven By CCP And US Policy, Experts Say
Dangerous Global Shift From Dollar Driven By CCP And US Policy, Experts Say Authored by Alex Newman via The Epoch Times (emphasis ours), The trend away from the U.S. dollar in global trade and finance is accelerating rapidly as inflation persists, government debt levels explode, and the Chinese Communist Party (CCP) roams the planet negotiating […]
House Republican Submits Resolution To Expel ‘Liar’ Adam Schiff From Congress
House Republican Submits Resolution To Expel ‘Liar’ Adam Schiff From Congress After Rep. Adam Schiff relentlessly peddled the Russiagate hoax and claimed without proof that there was “more than circumstantial evidence” that Donald Trump colluded with Russia in 2016, Rep. Anna Paulina Luna (R-FL) has introduced a House resolution to expel Schiff from Congress after […]
Global Bank Lending Standards Tighten To GFC Levels
Global Bank Lending Standards Tighten To GFC Levels Authored by Simon White, Bloomberg macro strategist, A composite measure of DM banks’ lending standards shows they are the tightest since 2009. Tighter credit conditions will be an impediment to central banks’ preference to keep rates “higher for longer.” The ECB’s bank lending survey was released this morning, with banks […]
Rutgers University Faculty Workers Strike For First Time In 257-Year History
Rutgers University Faculty Workers Strike For First Time In 257-Year History For the first time in its 257-year history, academic workers at Rutgers University, including faculty and postdoctoral associates, intend to strike at the institution’s three campuses – New Brunswick, Camden, and Newark. This decision comes after a Sunday vote approving the labor action, following […]
Financial Stability Oversight Council Releases ‘Nothingburger’ Statement
Financial Stability Oversight Council Releases ‘Nothingburger’ Statement Update (1615ET): After much anticipation of the potential for a market-moving action (deposit guarantees, backstops), FSOC has released a statement that is a total nothingburger: Today, U.S. Secretary of the Treasury Janet L Yellen convened a meeting of the Financial Stability Oversight Council (Council) in executive session by […]
Rick Scott, Liz Warren Unveil Bipartisan Fed Oversight Bill
Rick Scott, Liz Warren Unveil Bipartisan Fed Oversight Bill Sens. Rick Scott (R-FL) and Elizabeth Warren (D-MA) are introducing legislation on Wednesday which would replace the Federal Reserve’s internal watchdog with one appointed by the president, following the failures of Silicon Valley Bank and Signature Bank. “Our legislation fixes that by establishing a presidentially-appointed, Senate-confirmed […]
Top Audit Firm Defends Giving Clean Bill Of Health To SVB, Signature Bank Weeks Before Failure
Top Audit Firm Defends Giving Clean Bill Of Health To SVB, Signature Bank Weeks Before Failure Authored by Tom Ozimek via The Epoch Times, Audit giant KPMG is standing by its audits of Silicon Valley Bank (SVB) and Signature Bank, which collapsed when customers rushed to withdraw their savings in panic-fueled bank runs. The two […]
“Found Some Glitch”: Man Drives Off In Stranger’s Tesla
“Found Some Glitch”: Man Drives Off In Stranger’s Tesla In Vancouver, Canada, a man who owned a Tesla opened the door of a Model 3 parked in a supermarket lot with his smartphone app. He got into the car and drove to a nearby school to pick up his kids. However, he later realized he […]
European Antiwar Protests Grow As Fears Of NATO vs Russia Spiral
European Antiwar Protests Grow As Fears Of NATO vs Russia Spiral Via The Libertarian Institute, A series of antiwar protests over the weekend saw Western European citizens in mass demanding their governments pursue diplomacy with Russia and halt arms shipments to Kiev. As the current conflict in Ukraine turned one year old, major demonstrations – […]
Residents Say They’ve Broken Out in Rashes After East Palestine Train Derailment
Residents Say They’ve Broken Out in Rashes After East Palestine Train Derailment Authored by Jack Phillips via The Epoch Times (emphasis ours), Locals who live near the train derailment and release of toxic chemicals near East Palestine, Ohio, have complained about various health problems since the incident unfolded earlier this month, including rashes, headaches, and […]
Ukraine Prepared To Strike Crimea With British Missiles
Ukraine Prepared To Strike Crimea With British Missiles Authored by Dave DeCamp via AntiWar.com, Ukraine is in discussions with the UK about receiving longer-range missiles and is prepared to use them against Crimea, which would mark another major escalation of Western involvement in the war, The Times of London reported Thursday. British Prime Minister Rishi Sunak promised […]