Taibbi The Folly Of Pandemic Censorship

Taibbi: The Folly Of Pandemic Censorship

Taibbi: The Folly Of Pandemic Censorship Authored by Matt Taibbi via TK News, Earlier this week, in the latest in a series of scolding campaigns, a Britain-based group called the Center for Countering Digital Hate gave a sneak peek at a research report on Substack to The Guardian and The Washington Post. Both outlets came out with their scare pieces this morning. From The Guardian: […]

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Welcome To Fedestroika Powell Now Has Just Two Choices

Welcome To Fedestroika: Powell Now Has Just Two Choices

Welcome To Fedestroika: Powell Now Has Just Two Choices By Michael Every of Rabobank Fedestroika I have long made black humor comparisons between the structural malaise of the West and the late-stage Soviet economy. The latter could see things weren’t working even in the 1970s but drifted through a “novy normalny” of slower growth and rising shortages, with the easiest answer always to build yet […]

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Surging Dow Erases Post Powell Losses As Rate Hike Odds Soar

Surging Dow Erases Post-Powell Losses As Rate-Hike Odds Soar

Surging Dow Erases Post-Powell Losses As Rate-Hike Odds Soar Who could have seen this coming? The Dow and S&P have ripped higher overnight and are now higher post-FOMC… One can’t help but wonder if this crazy stop-run is the turning point back down? But not if you ask the talking heads… “We believe it’s now time to take advantage of the pullback opportunity and put […]

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Us Pending Home Sales Puked In December Realtors Blame Rising Rates

US Pending Home Sales Puked In December, Realtors Blame Rising Rates

US Pending Home Sales Puked In December, Realtors Blame Rising Rates Despite an unexpected surge in new-home-sales, pending-home-sales puked in December, tumbling 3.8% MoM (after falling 2.3% MoM in November)… Source: Bloomberg That is the biggest MoM drop since Feb 2021 and pushed the YoY drop back into the red (down 6.64%). “Pending home sales faded toward the end of 2021, as a diminished housing […]

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Will The Uk 039 S Return To Normal Force Biden 039 S Hand

Will The UK’s Return-To-Normal Force Biden’s Hand?

Will The UK’s Return-To-Normal Force Biden’s Hand? Authored by Thomas Buckley via AmericanThinker.com, Tick, Tick, Tick…. Is the End Nigh? The Prime Minister of the United Kingdom was facing an immediate political death sentence, so what did he do? He declared the pandemic over. The question now on this side of the pond: Will Joe Biden—himself facing a political death sentence, though admittedly a few […]

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27 Russian Diplomats Expelled From US – Embassy Laments “Very Bitter Event” 

27 Russian Diplomats Expelled From US – Embassy Laments “Very Bitter Event”  27 Russian diplomats left the United States on Wednesday after a prior State Department order had set a deadline of Jan.30 for their departure, at a moment the showdown at the Russia-Ukraine border continues, and amid deteriorating US-Russia relations. Calling it a “very bitter event at our embassy,” Russian Ambassador Antoly Antonov said in a social […]

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Peter Schiff This Is Going To Be Stagflation

Peter Schiff: This Is Going To Be Stagflation

Peter Schiff: This Is Going To Be Stagflation Via SchiffGold.com, Peter Schiff was a guest on the Wharton Business Daily podcast produced by the Wharton School of Business at the University of Pennsylvania. Peter talked about inflation and how it will impact the US economy moving forward. He said ultimately, we’re heading toward stagflation. Peter said inflation has been a problem for a long time. […]

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Us Gdp Soared In Q4 To 6 9 Despite Omicron Driven By Huge Inventory Accumulation

US GDP Soared In Q4 To 6.9% Despite Omicron, Driven By Huge Inventory Accumulation

US GDP Soared In Q4 To 6.9% Despite Omicron, Driven By Huge Inventory Accumulation With attention increasingly turning to how fast the economic slowdown will hit the US economy in 2022, growth cheerleaders will have a favorable, if brief, diversion today courtesy of the Bureau of Economic Analysis which moments ago revealed that in Q4, US GDP grew at a remarkable 6.9% annualized Q/Q clip, […]

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Bipartisan Coalition Demands Vote On Legislation To Bar Congress From Trading Stocks

Bipartisan Coalition Demands Vote On Legislation To Bar Congress From Trading Stocks

Bipartisan Coalition Demands Vote On Legislation To Bar Congress From Trading Stocks Authored by Joseph Lord via The Epoch Times (emphasis ours), A bipartisan group of more than two dozen lawmakers in the House is demanding that Speaker of the House Nancy Pelosi (D-Calif.) allow a vote on a bill that would bar members of Congress from trading on the stock market, which critics say […]

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Us Avoided Main Question Of Nato Non Expansion In Written Response Kremlin

US Avoided Main Question Of NATO Non-Expansion In Written Response: Kremlin

US Avoided Main Question Of NATO Non-Expansion In Written Response: Kremlin As previously reported, Russia on Wednesday received a hand-delivered written response from the United States to the security proposals Moscow submitted earlier this month to both Brussels and Washington. Russia’s central demand has remained that it needs legal security guarantees of no further NATO expansion eastward.  In a fresh statement, Russian Foreign Minister Sergey Lavrov confirmed […]

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Futures Swing Wildly In Overnight Rollercoaster Session Before Settling Flat

Futures Swing Wildly In Overnight Rollercoaster Session Before Settling Flat

Futures Swing Wildly In Overnight Rollercoaster Session Before Settling Flat After a rollercoaster overnight session, which saw S&P futures tumble as much as 2%, dropping as low as 4,260 following Powell’s hawkish comments, futures have recovered and briefly traded in the green while European stocks are still red though trading near session highs as traders spooked by the Fed’s comments started digging for bargains. At […]

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Fear And Greed An Investors Two Worst Enemies

Fear And Greed: An Investors Two Worst Enemies

Fear And Greed: An Investors Two Worst Enemies Authored by Michael Lebowitz via RealInvestmentAdvice.com, Over the past two years, investors have had to balance fear and greed amidst market, economic, and political unpredictability. Since 2020, the divergence between asset price performance and fundamentals has never been starker. As a reminder, stock prices were surging higher in the spring and summer of 2020 despite double-digit unemployment […]

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China 039 S Quot National Team Quot Rushes To Save Stocks After Bear Market Signaled

China’s “National Team” Rushes To Save Stocks After Bear Market Signaled

China’s “National Team” Rushes To Save Stocks After Bear Market Signaled China’s equity benchmark tumbled into a bear market while the yuan plunged the most in seven months following the Federal Reserve’s ultra hawkish comments.  On Thursday, the CSI 300 Index sank 2% to the lowest level since September 2020 and officially entered a bear market, which means the main equity index is down more than […]

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December Us Durable Goods Orders Tumbled Most Since 2020 Covid Collapse

December US Durable Goods Orders Tumbled Most Since 2020 COVID Collapse

December US Durable Goods Orders Tumbled Most Since 2020 COVID Collapse After an unexpected 2.6% MoM surge in November, preliminary December data for US Durable Goods Orders was expected to show a contraction of 0.6% MoM. Analysts got the direction right but the magnitude was far larger as orders tumbled 0.9% MoM… Source: Bloomberg While orders continue to rise year-over-year, that is the biggest MoM […]

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Jobless Claims Improved Last Week For First Time In 2022

Jobless Claims Improved Last Week For First Time In 2022

Jobless Claims Improved Last Week For First Time In 2022 After jumping to the highest since October, initial jobless claims were expected to drop last week and did so, falling to 260k (from a revised higher 290k the previous week). Non-seasonally adjusted claims crashed back down as perhaps signs of Omicron anxiety are fading. Source: Bloomberg This is the first improvement in jobless claims since […]

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Wall Street Banks Award Billions More In Bonuses To Top Earners

Wall Street Banks Award Billions More In Bonuses To Top Earners

Wall Street Banks Award Billions More In Bonuses To Top Earners Regular Americans struggling to make ends meet as inflationary pressures drive prices higher on everything from fast food to cars to rent are seeing wages rising thanks to a labor crunch that we have discussed in more detail here. Unfortunately for many, rising wages still aren’t enough. But bankers aren’t having that problem. From […]

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Russia Ukraine Agree To Uphold Donbas Ceasefire In Normandy Format Talks

Russia, Ukraine Agree To Uphold Donbas Ceasefire In Normandy Format Talks

Russia, Ukraine Agree To Uphold Donbas Ceasefire In Normandy Format Talks Authored by Dave DeCamp via AntiWar.com, Officials from Russia and Ukraine met in Paris on Wednesday and held what Moscow described as “tough” talks. Despite whatever difficulties there were, the two sides agreed that the ceasefire in Ukraine’s eastern Donbas region must be upheld. German and French officials were also present for the meeting, which lasted eight […]

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Us Intervened With Patriot Missiles During Houthi Attack On Uae

US Intervened With Patriot Missiles During Houthi Attack On UAE

US Intervened With Patriot Missiles During Houthi Attack On UAE Authored by Jason Ditz via AntiWar.com, US Air Force spokesman Lt. Col. Philip Ventura reported on Monday that US planes intervened during a missile alert in the United Arab Emirates (UAE), and helped them repel two ballistic missiles. “U.S. military forces successfully reacted to multiple inbound threats during an attack near Abu Dhabi,” the U.S. Air Force […]

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Consumers Are Quot Going Everywhere Except The Office Quot Amex Ceo Says This Week

Consumers Are “Going Everywhere…Except The Office”, AmEx CEO Says This Week

Consumers Are “Going Everywhere…Except The Office”, AmEx CEO Says This Week According to American Express, spending is still almost “everywhere you want to be”. Except in the office and for business travel, that is… The company’s Chief Executive Officer Stephen Squeri said this week that “corporate travel will never be the same” after the pandemic, Bloomberg reported. This is despite the fact that U.S. consumers “staged […]

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