Luongo: Macron, NATO, & The Fate Of The Empire Part 1
Luongo: Macron, NATO, & The Fate Of The Empire Part 1 Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, July began with a series of bangs that cannot be ignored. I’m not talking about the noise coming from both Russia and Ukraine over the ‘counter-offensive’ or who wants to blow up the Zaporizhia […]
WTI Extends Losses After Biden Admin Drains SPR For 12th Straight Week
WTI Extends Losses After Biden Admin Drains SPR For 12th Straight Week Oil pries are tumbling back to earth today after some early week exuberance as a cavalcade of hawkish central bank action and FedSpeak As Bloomberg reports, de-stocking is the main reason why the physical crude market isn’t reflecting the significant draws to come […]
Watchdog Observes Lack Of Oversight, Says ‘Increased Risk’ US Arms Could Be Lost En Route To Ukraine
Watchdog Observes Lack Of Oversight, Says ‘Increased Risk’ US Arms Could Be Lost En Route To Ukraine Authored by Kyle Anzalone via The Libertarian Institute, A report from the Department of Defense Inspector General found Pentagon employees in Poland failed to follow procedures to account for military equipment being transferred to Ukraine. In the shipments of weapons […]
US Homeowner Equity Drops For First Time Since 2012
US Homeowner Equity Drops For First Time Since 2012 The housing bull market has peaked for now. Recent home price declines are leading to decreased tappable equity for homeowners. A new CoreLogic Homeowner Equity Insights report shows homeowners with mortgages (roughly 63% of all properties) saw their equity decrease by a total of $108.4 billion in the […]
“Once Again The Apparently Unthinkable Becomes The Inevitable”
“Once Again The Apparently Unthinkable Becomes The Inevitable” By Michael Every of Rabobank Prepare To Be Buffetted Today’s Daily is not about Warren Buffet but geopolitics’ impact on markets, analogized with a buffet. Dig into this: the G7 took us a step towards decoupling: they say “de-risking”, but it’s same thing. This is ‘not about […]
ECB Hikes Rates By 25bps (As Expected), Warns “Inflation Continues To Be Too High For Too Long”
ECB Hikes Rates By 25bps (As Expected), Warns “Inflation Continues To Be Too High For Too Long” As expected (and fully priced-in), The ECB slowed its pace of rate-hikes, matching The Fed’s 25bps move yesterday, taking the key rate to 3.25%, after its preferred inflation measure eased for the first time in 10 months. The […]
Retail Sector One Of Best Ways To Hedge A Recession
Retail Sector One Of Best Ways To Hedge A Recession Authored by Simon White, Bloomberg macro strategist, The US retail sector will be an effective portfolio hedge for a recession. We got a check in on how the consumer is doing on Friday with March’s retail sales data. Emblematic of the weakening economic backdrop, consumers’ […]
1.25 Million Have ‘Top Secret’ Access In The US
1.25 Million Have ‘Top Secret’ Access In The US The recent leak of classified Pentagon documents has highlighted the vulnerability of the system which grants access to classified government information. Initially suspected to have been an intelligence operation by a state actor, evidence is increasingly indicating that the leak originated from an individual working on […]
Why Can Only 6 Of Every 100 Chicago Black Students Do Math At Grade Level? Chicago Mayoral Candidate Johnson Offers Some Clues
Why Can Only 6 Of Every 100 Chicago Black Students Do Math At Grade Level? Chicago Mayoral Candidate Johnson Offers Some Clues By Ted Dabrowski of Wirepoints If you’re looking to make sense of why so few Chicago Public School students can read and do math at grade level, you’ll want to listen to Brandon […]
The World’s Largest CBDC Trial: A Preview Of The Elite’s Cashless Vision For You
The World’s Largest CBDC Trial: A Preview Of The Elite’s Cashless Vision For You Authored by Nick Giambruno via InternationalMan.com, The eNaira is Africa’s first central bank digital currency (CBDC). Central bankers, academics, politicians, and an assortment of elites from over 100 countries hoping to launch their own CBDCs have closely followed the eNaira. They […]
“Worst Since Lehman”: Banks Break The World Again
“Worst Since Lehman”: Banks Break The World Again Last week we detailed BofA’s Michael Hartnett’s warning that “The Fed will tighten until something breaks”. Well, something just broke… SVB’s collapse – the second biggest US bank failure in history – dominated any reaction to this morning’s mixed bag from the BLS (hotter than expected earnings […]
Watch: Vast Expanse Of US Military Hardware Positioned At Polish Port
Watch: Vast Expanse Of US Military Hardware Positioned At Polish Port A Baltic monitoring media outlet has published footage of an enormous amount of American military equipment being prepared to move from the Port of Gdynia in Poland. The expanse of military hardware is being described as equipment belonging to the US Army’s 3rd Armored […]
UK On “Cusp” Of Deal On Post-Brexit Trading Terms In Northern Ireland: Deputy PM
UK On “Cusp” Of Deal On Post-Brexit Trading Terms In Northern Ireland: Deputy PM Authored by Alexander Zhang via The Epoch Times, Britain is “on the cusp” of securing a new deal with the European Union on post-Brexit trading terms in Northern Ireland, Deputy Prime Minister Dominic Raab says. Deputy Prime Minister Dominic Raab arrives at BBC Broadcasting House in London […]
While Proposing Peace In Ukraine, China Issues Scathing Tome Over “The Perils Of US Hegemony”
While Proposing Peace In Ukraine, China Issues Scathing Tome Over “The Perils Of US Hegemony” A massive, 4000-word scathing critique of American foreign policy was circulated by Chinese embassies hosted in Western countries this week, including to American officials and media. It included a lengthy laundry list of US crimes abroad and imperialist tactics. The […]
And Then They Came For “The”: Associated Press Warns Use Of The Article Can Be “Dehumanizing”
And Then They Came For “The”: Associated Press Warns Use Of The Article Can Be “Dehumanizing” Authored by Jonathan Turley, The Associated Press has announced that the article “the” should be avoided in many circumstances because it is “dehumanizing.” It warns writers to avoid saying things like “the French” as offensive. It does not seem that […]
India Overtakes China As World’s Most Populous Nation
India Overtakes China As World’s Most Populous Nation At this point, what we have been speculating about for months looks to be official: India has already passed China as the world’s most populous nation. Citing estimates from the World Population Review, an independent organization focused on census and demographics, India’s population was marked at 1.417 billion […]
The Twitter Purge Continues: Musk Lays Off About 40 Data Scientists And Engineers Working On Ad Team
The Twitter Purge Continues: Musk Lays Off About 40 Data Scientists And Engineers Working On Ad Team The massive cost (and fat) cutting at Twitter under micromanaging new CEO Elon Musk continues. For years Twitter had operated less like a company and more like a cult compound for leftist ideologues, with free lunches, yoga rooms, […]
NYPD Evidence Warehouse Erupts In Flames
NYPD Evidence Warehouse Erupts In Flames Update (1438ET): Local media ABC7 New York reported that the warehouse also housed “evidence.” The building is one of five warehouses where the NYPD stores vehicles that are confiscated. They also use the warehouse to store evidence that is too large to fit in normal storage areas. The NYPD […]
Latest Class Action Against The New, Unwoke Twitter Alleges Company Disproportionately Fired Women
Latest Class Action Against The New, Unwoke Twitter Alleges Company Disproportionately Fired Women The ongoing rage from the snowflakes fired as part of Elon Musk’s new, unwoke version of Twitter continues. Most recently, the company has been sued (yet again) related to the layoffs it made when Musk came on board. The latest suit alleges […]
FOIA Documents Disclose The CDC Has Been Producing And Culturing Human Stem Cell Lines
The Informed Consent Action Network (ICAN) obtained documents disclosing that the Centers for Disease Control and Prevention (CDC) cultured 22 distinct human cell lines, including cells apparently extracted from parts of aborted fetuses and babies younger than four weeks. ICAN’s lawyers sent the CDC a letter (pdf) on June 25, 2021, asking for documents that contained […]
Philadelphia Businesses, Residents File Lawsuit Against Newly Reinstated Mask Mandate
Multiple businesses and residents in Philadelphia have filed a lawsuit in Pennsylvania state court seeking to overturn the city’s renewed indoor masking mandate for COVID-19. Philadelphia Health Commissioner Dr. Cheryl Bettigole announced on April 11 that the city would reinstate indoor masking on April 18 in an effort to stem a surge of infections, after previously ending the mask mandate […]
Moderna To Ask FDA To Authorize Vaccine For Children As Young As 6 Months
Moderna on March 23 said its clinical trial for its COVID-19 vaccine in children aged 6 months to 5 years old successfully met its primary endpoint. The company plans to ask the Food and Drug Administration (FDA) to grant emergency use authorization for the age group, even though the estimated effectiveness is lower than the […]