The price of Bitcoin has grown by more than 50% since Tesla unveiled its approximately $1-billion BTC sales in July 2022. In other words, the Elon Musk-owned electric carmaker would have made an additional $500 million if it had waited …
Market pricing as of Tuesday morning pointed to the Fed holding its benchmark interest rate at current levels and then starting to reduce as early as July. The expectation for cuts would be consistent with a recession and an accompanying …
Bill Ackman: The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed …
by Chris Black These so-called “reparations” have, of course, already been paid many times over through the various forms of government assistance which are already disproportionately received by blacks and primarily paid for by Whites. The idea that “reparations” are …
BIDEN: "MAKE NO MISTAKE! If you try anything to raise the cost of frisizhnjubs I will veto it." *Entire flock of Democrat clapping seals erupts in standing ovation* This is so pathetic. pic.twitter.com/2sHXAvgKOx — Benny Johnson (@bennyjohnson) February 8, 2023
Guest post from Peter Schiff from Schiffgold.com: Stocks have struggled in recent days due to some better-than-expected economic data and more hawkish talk from Fed officials. This has revived fears that the Federal Reserve could make a mistake and raise …
The former head of trust and safety at Twitter recently admitted that the social media company’s decision to censor the Hunter Biden laptop story in 2020 was a “mistake.” During a sit down with journalist Kara Swisher, ex-Twitter safety chief …
by Martin Armstrong The Internal Revenue Service (IRS) continually makes multi-billion-dollar mistakes. The agency “accidentally” sent $1.1 billion in advanced child tax credits to the wrong families. If a private citizen were to make a mistake on their personal taxes, …
This isn’t the most serious outcome from Seattle’s ill-advised flirtation with defund the police activism but it may be the most embarrassing. The city recently realized it will need to refund 7 months worth of parking tickets because the civilians who’d issued …
The #euro spikes as #ECB Governing Council member #Knot suggests a 50 basis point hike is on the table if #inflation worsens. A policy mistake is looming larger on the horizon. Momentum for a rate hike is building, but so …
Former Fed Chairman Ben Bernanke said the central bank erred in waiting to address inflation. “One of the reasons was that they wanted not to shock the market,” he told CNBC’s Andrew Ross Sorkin. Bernanke spoke a day ahead of …
by Michael You don’t raise interest rates when the economy is already falling into a recession. U.S. GDP contracted during the first quarter of 2022, and if it contracts again in the second quarter of 2022 that will officially confirm that we …
I’m thinking they will just have him resign due to “health reasons” in the not distant future. But then, they have have the Kamala problem…..how do they deal with that. h/t FeedYourHead
By Lance Roberts Hiking rates into a wildly overvalued market is potentially a mistake. So says Bank of America in a recent article. Optimists expecting the stock market to weather the rate-hike cycle as they’ve done in the past are …
Will @MarthaRaddatz put some of the substantive portions of the interview in her story? We filmed the whole thing just in case! — Kari Lake (@KariLake) February 3, 2022 h/t Dan
The biggest mistake Dotcom paper millionaires made was exercising their options in one tax year and selling them in another. Many exercised in 1999 and in 2000 their holdings were worth a fraction of their tax bill. Thousands went bankrupt. …
Textbook policy mistake in the making, says Mr. Market. Curve flattening sharply.Front-end pricing an aggressive reaction function, but anticipating the cycle is going to end very quickly and never get even closer to the 2.5% long-term dot the Fed hopes …
by Chris Black Top achievements of the women’s “liberation” movement: – genociding billions of unborn babies (abortion for Gen-Z’ers). – becoming wageslaves – mainstreaming self-employed prostitution – destroying marriage – campaigning for men to use women’s bathrooms – obesity Need …
A brown bison and a grizzly pretend not to notice one another in Yellowstone National Park. Photo by Steven Cordes From Birch Gold Group Market optimists remain convinced that “everything is fine.” After all, the stock markets keep climbing, the Fed remains optimistic inflation will …
by Moore29 This is partially inspired from the trade review thread yesterday. Having others review your trade is obviously super helpful too, but no one’s going to have time to review everything for you, and it’s important that you develop this …
https://twitter.com/donaldcclarke/status/1452300265286246409
Porridge Extra – 30th September 2021: The Looming Energy Crisis: People Are Going To Die This Winter For many months myself and many of the investors I work with have become increasingly concerned at the growing instability and insecurity of energy …
by Chris Black This lady is running for school board in Idaho. I’m not sure why she doesn’t live in Baltimore, St Louis, or Detroit which are black ethnostates and we see the results of that. She’s running in Nampa …
by Chris Black It’s a little late for that, isn’t it? George Soros is extremely butthurt about China. He seems to fear that Isrealis trying to bribe them or crack open their markets are instead getting taken for a ride …
BY SVEN HENRICH Things are coming to a head. Things are changing rapidly if you pay close attention. As you know I’ve been hammering on the Fed for overdoing it on the liquidity front causing a historic asset bubble while …
https://youtu.be/Edr2ptyQIa0 “I had several dinners with him hoping that what he said about getting billions for philanthropic health. It was a huge mistake to spend time with him and give him the credibility.” SOURCE
by John Mauldin I have mixed feelings about China. On the plus side, I think the country’s massive economic transformation may be one of the most impressive events in human history. Bringing hundreds of millions from primitive rural lives into …
via lidblog: More evidence to confirm what many Republican lawmakers and free-market advocates such as Americans for Limited Government were saying from the start of the Covid pandemic, lockdowns would be one of the most tragic mistakes in American history. The …
The Democrats are making a huge mistake that will ultimately lead to their destruction, but will they take the country down with them? h/t Vasile
https://www.youtube.com/watch?v=Hjcn3VIPjLQ Katie Pavlich from Townhall reports, While Joe Biden is still claiming he hasn’t “seen evidence” that unemployment benefits are keeping people from going back to work, he changed his tune on the issue during remarks at the White House …