Soft CPI Sparks Bond-Buying Bonanza, Meme Stock Meltup, Gold Gains As Dollar Pukes
Soft CPI Sparks Bond-Buying Bonanza, Meme Stock Meltup, Gold Gains As Dollar Pukes The cooler-than-expected CPI print was all the doves and bulls needed today and while the odds of a July hike were unchanged (pretty much a lock), expectations for Fed rate changes for the rest of the year dropped notably, erasing the hawkish […]
Activism, Uncensored: A History Of Flag-Burning
Activism, Uncensored: A History Of Flag-Burning Authored by Matt Taibbi via Racket News, Ford Fischer’s News2Share crew has put together a neat time-travel compilation, showing flag-burning demonstrations through the years, held by the Revolutionary Communist Party, or “RevComs.” As captured here, these events sometimes inspired outraged reactions by conservative counter-protesters, including Proud Boys. There’s a […]
US Services Sector Surveys FUBAR: PMI “Cost Pressures Picked Up” & ISM Prices Lowest Since March 2020
US Services Sector Surveys FUBAR: PMI “Cost Pressures Picked Up” & ISM Prices Lowest Since March 2020 Following the tumble in US Manufacturing sector surveys, S&P Global reports that the US Services sector deteriorated marginally in June (to 54.4 from 54.9 in May), but did improve modestly intramonth from the 54.1 flash print. The ISM […]
CRE Warning Sign: Goldman Might Sell Ireland’s Largest Mall At Loss
CRE Warning Sign: Goldman Might Sell Ireland’s Largest Mall At Loss The latest warning sign the commercial real estate market is sliding into a downturn is news from Bloomberg that Goldman Sachs is trying to unload Ireland’s largest shopping mall for a loss after acquiring it two years ago. Bloomberg said a source had explained […]
Govt. Nudge Units Find The “Best” Ways To Manipulate The Public
Govt. Nudge Units Find The “Best” Ways To Manipulate The Public Authored by Marie Hawthorne via The Organic Prepper blog, Freedom of speech means a lot to us at the OP. However, that’s been fading fast, as Daisy has documented, and as though speech restrictions aren’t bad enough, most of us have been lab rats for central […]
Watch: Chinese Fighter In ‘Aggressive’ Intercept Of US Spy Plane Over South China Sea
Watch: Chinese Fighter In ‘Aggressive’ Intercept Of US Spy Plane Over South China Sea At a moment the US and Chinese militaries have halted all communications, a dangerous incident between the rival powers has occurred over the South China Sea. It happened last Friday, but the US Indo-Pacific Command (INDOPACOM) only on Tuesday revealed the incident, […]
“What’s More Tragic Is Capitalism”: BLM Faces Bankruptcy As Founder Cullors Is Cut By Warner Bros
“What’s More Tragic Is Capitalism”: BLM Faces Bankruptcy As Founder Cullors Is Cut By Warner Bros Authored by Jonathan Turley, Two years ago, I wrote columns about companies pouring money into Black Lives Matter to establish their bona fides as “antiracist” corporations. The money continued to flow despite serious questions raised about BLM’s management and […]
TikTok Sues Montana Over Ban
TikTok Sues Montana Over Ban TikTok has filed a lawsuit against the Montana, after state legislators banned the Chinese-owned short-video app. According to the company, the ban, which will begin on Jan. 1, 2024, infringes on the First Amendment rights of the company and its users. TikTok argues that the ban violates federal law, as […]
Quinn: Rise To Rebellion – A Fourth Turning Perspective
Quinn: Rise To Rebellion – A Fourth Turning Perspective Authored by Jim Quinn via The Burning Platform blog, “I do not say that democracy has been more pernicious on the whole, and in the long run, than monarchy or aristocracy. Democracy has never been and never can be so durable as aristocracy or monarchy; but […]
CDC Director Rochelle Walensky Is Leaving The Agency
CDC Director Rochelle Walensky Is Leaving The Agency Rochelle Walensky, the director of the disgraced Centers for Disease Control and Prevention, is leaving the agency, President Joe Biden announced during a press conference on Friday. “Dr. Walensky has saved lives with her steadfast and unwavering focus on the health of every American,” President Biden said […]
Inflation Still Too High? Let Them Eat EVs
Inflation Still Too High? Let Them Eat EVs Authored by Patrice Onwuka via RealClear Wire, Inflation rose 5% last month compared with one year prior, according to the latest consumer price index. That is the lowest level of price increases since May 2021, though it’s still not down to pre-Biden and pre-pandemic levels. Inflation’s easing […]
Fewer Coal Power Plants Close In 2022 Than In Recent Years
Fewer Coal Power Plants Close In 2022 Than In Recent Years Data from Ember’s fourth annual Global Electricity Review reveals that electricity generation from coal increased by 1.1 percent last year, which is in line with the average rate of growth in the last decade. As Statista’s Anna Fleck reports, Ember found that while the rate of […]
Calling All Consumers: It’s Time To Recall Our Failing Energy Policies
Calling All Consumers: It’s Time To Recall Our Failing Energy Policies Authored by David Holt via RealClear Wire, Last year was the latest in a string of bad years for energy proposals. Before we continue down this path, it’s time to add a healthy dose of reality to the national conversation about energy and environmental […]
“Concerning”: Myocarditis Diagnoses Spiked In Military in 2021, New Data Show
“Concerning”: Myocarditis Diagnoses Spiked In Military in 2021, New Data Show Authored by Zachary Stieber via The Epoch Times (emphasis ours), The rate of myocarditis spiked in the military in 2021, newly disclosed data show. U.S. Marines in Kin, Japan, in an undated image. (Carl Court/file/Getty Images) Diagnoses of myocarditis, a form of heart inflammation, […]
Oil Majors Juggle Cheaper Crude With Lower Emissions
Oil Majors Juggle Cheaper Crude With Lower Emissions By Tsvetana Paraskova of OilPrice.com The world’s biggest international oil and gas firms continue to pledge lower-emission operations to supply the world with the hydrocarbons it needs and will need in the future. Unfortunately for Big Oil, not all basins and areas of production are equal, so […]
China Setback Looms As Growth Target Disappoints
China Setback Looms As Growth Target Disappoints By April Ma, Bloomberg Markets Live reporter and strategist Chinese markets may come under pressure again on concerns that authorities will withhold stimulus after unveiling a conservative economic growth target that is below many investors’ expectations. The consensus-lagging growth goal of around 5% for 2023, as Premier Li Keqiang outlined […]
Victor Davis Hanson: Destroying Meritocracy Is Deadly
Victor Davis Hanson: Destroying Meritocracy Is Deadly Authored by Victor Davis Hanson via AmGreatness.com, A recent epidemic of airline near misses deserves both attention and reflection. In mid-December, a San Francisco-bound United Airlines Boeing 777-200 airliner, just a little over a minute after taking off from Maui, Hawaii, suddenly dived. It lost more than half […]
In Sudden Narrative Shift, Pentagon Admits Mystery Objects ‘Probably’ Private Craft Not Tied To Spying
In Sudden Narrative Shift, Pentagon Admits Mystery Objects ‘Probably’ Private Craft Not Tied To Spying Edward Snowden called it (and so did we)… just a day ago, as we reported: NSA whistleblower Edward Snowden says the hysteria over UFOs being shot down over America and Canada is a distraction from Seymour Hersh’s story about the U.S. being […]
Prediction Consensus: What The Experts See Coming In 2023
Prediction Consensus: What The Experts See Coming In 2023 In this fourth year of Visual Capitalist’s Prediction Consensus (now part of their more comprehensive 2023 Global Forecast Series), they’ve learned a few things about the universe of predictions, experts, outlooks, and forecasts. Experts are reasonably good at predicting the future one year out, though they are […]
Russian Military Says Victory “Inevitable” In New Year Message
Russian Military Says Victory “Inevitable” In New Year Message A New Year message issued by the Russian defense ministry declared that it sees victory in Ukraine as “inevitable” – even after the Russian ground forces’ advance in the east in south has appeared stalled for months, and as aerial forces take aim at the national […]
Key Events This Slow Week: Core PCE, Housing, Consumer Confidence And BOJ
Key Events This Slow Week: Core PCE, Housing, Consumer Confidence And BOJ As everyone recovers from a breathtaking World Cup final, DB’s Jim Reid muses that it’ll be interesting to see whether market activity drops off a cliff this week as we approach Christmas even if there was lots of unfinished business after last week. […]
Debunking The Top 10 Media Lies Told About Canada’s Freedom Convoy – LifeSite
There is a stunning disconnect between the media’s fictional version of Canada’s trucker protest and the real event taking place across the country. It’s two tales of two Freedom Convoys. In the media, it is the worst of protests. For most Canadians it is, by far, the best phenomenon ever to sweep our country. Every […]
New Drug For Seriously Ill COVID-19 Patients Shows Promise Under Right To Try Act
New information collected under the federal Right to Try Act shows promise for the new drug ZYESAMI, now in clinical trials for the treatment of serious cases of COVID-19. The information was collected by a hospital in the U.S. southwest, drug developer NRx announced in a news release Jan. 26. ZYESAMI, developed by the Radnor, […]
Citigroup Maintains Vaccine Mandate Deadline Despite SCOTUS Ruling
Citigroup is standing by its Jan. 14 deadline by which it expects employees to be fully vaccinated or receive an approved exemption, the firm’s head of human resources said in a statement, which came as the Supreme Court overturned the Biden administration’s vaccine-or-test requirement for large businesses. Sara Wechter, Head of Human Resources at Citi, […]
Almost Half Of New York COVID-19 Hospitalizations Not Due To COVID-19
Nearly half of the patients currently in New York hospitals with COVID-19 are not in the hospital because of COVID-19, the state said Friday. Forty-three percent of the 11,548 hospitalized patients did not have COVID-19 listed as one of the reasons for admission, Gov. Kathy Hochul’s office said. Hochul, a Democrat who is seeking a […]
Harvard University To Require COVID-19 Booster Shots, Shift To Remote Learning Temporarily In January
Harvard University announced it will require booster shots and will also mostly shift to remote learning for the first three weeks of January 2022, citing spread of the COVID-19 Omicron variant. “Looking to the spring semester, Harvard will require COVID-19 boosters for all members of our community who are eligible, including students, faculty, staff, and […]