Florida Judge Halts City S Covid 19 Vaccine Mandate

Florida Judge Halts City’s COVID-19 Vaccine Mandate

Florida Judge Halts City’s COVID-19 Vaccine Mandate Authored by Zachary Stieber via The Epoch Times (emphasis ours), A judge in Florida on Wednesday blocked a city’s COVID-19 mandate from taking effect. Circuit Judge Monica Brasington, a Sen. Rick Scott appointee, granted a request for an emergency injunction. That means the mandate, which was slated to take effect on Oct. 1, is blocked for now. “The […]

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Credit Suisse Dumped All Evergrande Exposure Crows That Quot Risk Procedures Worked Quot

Credit Suisse Dumped All Evergrande Exposure, Crows That “Risk Procedures Worked”

Credit Suisse Dumped All Evergrande Exposure, Crows That “Risk Procedures Worked” Having been thoroughly embarrassed by their failings (and losses) in Archegos and Greensill, we suspect the public relations team at Credit Suisse (CS) were over the moon when they discovered that, not only was CS not exposed to the Evergrande debacle, they had actually sold well ahead of the crisis because “risk procedures worked.” […]

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The Coming Quot Reversion To The Mean Quot Of Economic Growth

The Coming “Reversion To The Mean” Of Economic Growth

The Coming “Reversion To The Mean” Of Economic Growth Authored by Lance Roberts via RealInvestmentAdvice.com, From stimulus boom to income thud, the coming “reversion to the mean” of economic growth is happening faster than economists expected. We previously noted that while many mainstream economists believed the current economic “boom” would persist, several factors suggested it wouldn’t. The first problem is the math. As I previously discussed in “As Good As […]

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Us New Home Sales Rise In August Remain Below Pre Covid Levels

US New Home Sales Rise In August, Remain Below Pre-COVID Levels

US New Home Sales Rise In August, Remain Below Pre-COVID Levels After a disappointing (and surprise) slump in existing home sales, new-home-sales were expected to extend the very modest July rebound (+1.0% MoM) in August (+1.0% MoM exp) and they were right with new home sales rising 1.5% MoM (and July’s 1.0% MoM revised dramatically higher to a 6.4% MoM surge) Source: Bloomberg New home […]

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Does Anyone Honestly Believe That Inflation Is Quot Transitory Quot Anymore

Does Anyone Honestly Believe That Inflation Is “Transitory” Anymore?

Does Anyone Honestly Believe That Inflation Is “Transitory” Anymore? Authored by Simon Black via SovereignMan.com, In the early summer of 1514, Spanish conquistador Ponce de Leon returned home to the court of King Ferdinand as a hero. De Leon was among the first of Spain’s conquistadors to discover gold– right here in Puerto Rico. And that was enough for him to be knighted and bestowed […]

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China Steps In To Ensure Evergrande Funds Used To Complete Housing Project Not Pay Creditors

China Steps In To Ensure Evergrande Funds Used To Complete Housing Project, Not Pay Creditors

China Steps In To Ensure Evergrande Funds Used To Complete Housing Project, Not Pay Creditors Is this the start of China’s nationalization of Evergrande? With Evergrande’s foreign bondholders saying they have yet to receive a closely watched $83.5 million interest payment that was due at midnight in New York on Thursday, or noon on Friday in Hong Kong, in effect starting a 30 day grace […]

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In Major Win For China Huawei Cfo Reaches Deal With Doj To Return Home

In Major Win For China, Huawei CFO Reaches Deal With DOJ To Return Home

In Major Win For China, Huawei CFO Reaches Deal With DOJ To Return Home There’s a huge breakthrough in the long-running Huawei saga that was central to the current breakdown and simmering tensions in US-China relations, as it was announced Friday morning that Huawei Technologies Chief Financial Officer Meng Wanzhou will appear virtually in a Brooklyn federal court to resolve the US charges against her.  Some […]

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Rabobank Yesterday S Quot Reflation Trade Appears To Be Old Fashioned Glue Sniffing

Rabobank: Yesterday’s “Reflation!” Trade Appears To Be Old-Fashioned Glue-Sniffing

Rabobank: Yesterday’s “Reflation!” Trade Appears To Be Old-Fashioned Glue-Sniffing By Michael Every of Rabobank Re: Reflation As we all know, markets can remain irrational longer than you can stay solvent, and they are encouraged to do so when monetary and fiscal authorities encourage them to sniff solvent. However, yesterday’s “reflation!” trade appears to be old-fashioned glue-sniffing without any help from the central banks or governments. […]

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China Enforces Power Rationing At Major Industrial Hubs Amid Shortages And Climate Push

China Enforces Power-Rationing At Major Industrial Hubs Amid Shortages And Climate Push

China Enforces Power-Rationing At Major Industrial Hubs Amid Shortages And Climate Push A perfect storm of increased power demand and the calls to reduce carbon emissions has resulted in power rationing across China, according to Bloomberg, citing a new report Friday from 21st Century Business Herald.  Power curbs are being forced onto major factory hubs in more than ten provinces, including Jiangsu, Zhejiang, and Guangdong. Local […]

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Gilead Study Shows Remdesivir Reduced Risk Of Hospitalization When Given To Covid 19 Patients Early

Gilead Study Shows Remdesivir Reduced Risk Of Hospitalization When Given To COVID-19 Patients Early

Gilead Study Shows Remdesivir Reduced Risk Of Hospitalization When Given To COVID-19 Patients Early Authored by Zachary Stieber via The Epoch Times (emphasis ours), The antiviral remdesivir treatment reduced the risk of hospitalization among COVID-19 patients when administered soon after they were diagnosed, according to a new study from Gilead Sciences, which developed remdesivir. A sign is posted in front of the Gilead Sciences headquarters […]

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Futures Slide Alongside Cryptocurrencies Amid China Crackdown

Futures Slide Alongside Cryptocurrencies Amid China Crackdown

Futures Slide Alongside Cryptocurrencies Amid China Crackdown US futures and European stocks fell amid ongoing nerves over the Evergrande default, while cryptocurrency-linked stocks tumbled after the Chinese central bank said such transactions are illegal. Sovereign bond yields fluctuated after an earlier selloff fueled by the prospect of tighter monetary policy. At 745am ET, S&P 500 e-minis were down 19.5 points, or 0.43%, Nasdaq 100 e-minis were down 88.75 […]

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Cdc Director Overrules Science Advisory Panel Backs Boosters For 039 High Risk 039 Workers

CDC Director Overrules Science Advisory Panel, Backs Boosters For ‘High-Risk’ Workers

CDC Director Overrules Science Advisory Panel, Backs Boosters For ‘High-Risk’ Workers In line with the recommendations made by the scientist-based CDC advisory panel (ACIP) earlier on Thursday, the CDC endorsed COVID vaccine booster shots for Americans 65 and older, residents of nursing homes, and adults aged 18 to 64 with underlying health conditions. But that didn’t go far enough apparently for the far more politically-controlled CDC itself as […]

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Peter Schiff Gold Will Explode The Dollar Will Implode When The Markets Figure This Out

Peter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out

Peter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out Via SchiffGold.com, Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed is crying wolf when it comes to monetary tightening. The Federal Reserve wrapped up another meeting without making any changes to its current extraordinary, loose, inflationary monetary policy. But the […]

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Chairman Ceo Of China 039 S Hna Group Arrested For Quot Suspected Crime Quot

Chairman, CEO Of China’s HNA Group Arrested For “Suspected Crime”

Chairman, CEO Of China’s HNA Group Arrested For “Suspected Crime” Three years after the the chairman of China’s failed conglomerate HNA Group Wang Jian died during a business trip in France on July 3 in what local police then said appeared to be an accidental fall from a wall while posing for a photograph, moments ago HNA Group – which was one of the biggest […]

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Biden Hosts First Quad Summit At White House As 039 Counter China 039 Allies Cement 039 Unofficial 039 Alliance

Biden Hosts First Quad Summit At White House As ‘Counter-China’ Allies Cement ‘Unofficial’ Alliance

Biden Hosts First Quad Summit At White House As ‘Counter-China’ Allies Cement ‘Unofficial’ Alliance Amid regional concerns of China’s growing power in the Indo-Pacific, President Biden will host leaders of the Quad alliance at the White House on Friday, where they are expected to discuss the fight against infrastructure and technological cooperation, and the fight against Covid-19. Looming heavy in the background is the US-Australia-UK ‘Aukus’ […]

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China Declares All Virtual Currency Transactions Quot Illegal Quot Sending Crypto Prices Tumbling

China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling

China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are “illegal” and must be banned. In a statement the People’s Bank of China said the latest notice was to further prevent the risks surrounding crypto trading and to maintain national security and […]

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Pope Claims His Critics Are Performing Quot Work Of The Devil Quot

Pope Claims His Critics Are Performing “Work Of The Devil”

Pope Claims His Critics Are Performing “Work Of The Devil” Authored by Paul Joseph Watson via Summit News, Pope Francis has claimed that conservative critics of his views on issues such as mass migration and climate change are performing the “work of the devil.” Many would argue to opposite to be the case. In an interview with Jesuit magazine La Civilta Cattolica, the Pope said […]

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Uk Scientists Think Covid Will Likely Resemble Quot Common Cold Quot By Next Spring

UK Scientists Think COVID Will Likely Resemble “Common Cold” By Next Spring

UK Scientists Think COVID Will Likely Resemble “Common Cold” By Next Spring At this point in the pandemic, most readers have probably heard that COVID will likely remain endemic in the human population, like the cold or the flu. And as we prepare for the second flu season (in the northern hemisphere, at least), more scientists (and, increasingly, politicians) are realizing that they’re going to […]

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Eu Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data

EU Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data

EU Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data In keeping with their more cautious approach toward approving COVID jabs, EU regulators are preparing to make their own decisions about whether to approve booster shots with Pfizer jabs – but not until early October, Reuters reported Thursday. Reuters pointed out that the upcoming review of the Pfizer booster jab would […]

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Uk Tells People To Stop Quot Panic Buying Quot As Quot Winter Of Discontent Quot Fears Emerge

UK Tells People To Stop “Panic Buying” As “Winter Of Discontent” Fears Emerge

UK Tells People To Stop “Panic Buying” As “Winter Of Discontent” Fears Emerge UK politicians are in utter panic as similarities to the 1970s-style “winter of discontent” of shortages and socio-economic distress could rear its ugly head in the coming months, according to Reuters.  A significant driver in what could very well be a hellacious winter for Brits is soaring natural gas and electricity prices […]

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