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It Was Hell Week, and the Fed Can’t Handle the Heat
Jamie Dimon, CEO of JPMorgan Chase, set last week off with a fitting sour note when it was reported across the financial news, he had updated his weather report for the economy: I said there were storm clouds. But I’m going to change it. It’s a hurricane. Right now it’s kind of sunny, things are […]
S&P Confirms Inflation Killed the Stock Market and Has ALREADY Sent us into Recession
With the S&P diving deeper into bear territory today, it solidly confirmed its status as a bear. While it entered the bear’s woods on Monday by closing at 21.8% down, it shoved its nose deeper into the dirt today like a rooting bear will do to affirm its new identity. The short-lived bull market that […]
Protected: Epocalypse Revisited Part Six … Six, Six: Are we talking the “Mark of the Beast” Yet?
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Protected: Fed Tightening Impacts Markets: How Fast and How Furious?
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How Bad Is the Stock Market Rout Now, and How Bad Will its Collapse Get?
The market’s demolition that I’ve been talking about has begun. Zero Hedge asked the question on Thursday, “How bad is it?” and provides Morgan Stanley’s answer: Just how bad was yesterday’s market rout [Thursday’s]? According to quants at Morgan Stanley, it was worse than every selloff in the past 5 years, including the March 2020 crash…. ZH
How Picking a Soviet-Born Radical for a Treasury Post Backfired on Biden
Radical, reformer or outright red? Saule Omarova came under intense scrutiny when she appeared before the senate for the post of Comptroller of the Currency, drawing fire from Republicans, banks and even some Democrats. She was called by some “Joe Biden’s most dangerous nominee.” Saule Omarova, the president’s pick for one of the US Treasury’s top posts, was […]
This is Stagflation, and Here is an Easy, Practical Idea to Prep for it
The economic gurus and magic-chart advisors who told you inflation was going to be transitory or that it wouldn’t amount to much or even the dimmest of all who proclaimed it wasn’t happening at all could not have been proven more foolish and blind to the obvious all around them. Now they are revising themselves […]
Protected: Why “Persistent Inflation” Will Become an Intense Fire Tornado, Greater Than the Fed Even Imagines
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As another Inflation Foreshock Rattles Markets Around the World, Fed not Fazed
Stock markets got a jolt of the wrong kind on Wednesday when release of Fed minutes showed a little more talk of the Federal Reserve tapering its stimuli took place than what Fed Chair Jerome Powell let on earlier in the month after the FOMC meeting, which sets monetary policy. While the news was as […]
Protected: Stocks Stacked High in a Shipwrecked Economy
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Protected: CASHLESS SOCIETY 2020: Central Banks Exploit the Coronacrash to Bring on Coronacash
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