Wave Of European Ammonia Plant Closures To Exacerbate Food Crisis

A wave of European ammonia-plant shutdowns due to soaring natural gas prices has resulted in a devastating fertilizer crunch, worsening by the week, with as much as 70% of production offline.   “Ammonia prices, though volatile, rose 15% in 3Q and could climb higher as Europe’s record gas prices curtail output and send ammonia producers to… Continue reading Wave Of European Ammonia Plant Closures To Exacerbate Food Crisis

“Someone Wanted To Get Me Killed”: Rep. Greene Responds To Being ‘Swatted’ 2 Nights In A Row

Authored by Eva Fu and Steve Lance via The Epoch Times (emphasis ours), Rep. Marjorie Taylor Greene (R-Ga.) was sound asleep in her Floyd County home when the doorbell and knocks on her front door woke her up. There were flashlights and people outside her bedroom window. Rep. Marjorie Taylor Greene (R-Ga.) joins a Republican… Continue reading “Someone Wanted To Get Me Killed”: Rep. Greene Responds To Being ‘Swatted’ 2 Nights In A Row

“This Is Beyond Imagination”: Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter

Several weeks ago we reported that amid Europe’s mindblowing gas and electricity prices, Deutsche Bank predicted that a growing number of German households will be using firewood for heating, a forecast which appears to have become self-fulfilling as German google searches for firewood (“brennholz”) had since exploded off the charts: But while Germans are still… Continue reading “This Is Beyond Imagination”: Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter

The Rule Of 20 And Why The Bear Market Remains

Authored by Lance Roberts via The Epoch Times, The “Rule Of 20” says the “bear market” may just be resting despite much commentary to the contrary. In a recent Investing.com article, Bank of America strategist Savita Subramanian warned clients that stocks are still expensive despite this year’s drawdown. “Our analysis of the ERP indicates a 20% likelihood… Continue reading The Rule Of 20 And Why The Bear Market Remains

Central Bankers From Around The Globe Deliver Hawkish Message At Jackson Hole

For those waiting in anticipation of a sudden central bank reversal on interest rate hikes or full capitulation and a return to stimulus, you might be holding your breath a while longer.   A host of central banking heads from around the world delivered a unified message of hawkish intent on Saturday at the Kansas… Continue reading Central Bankers From Around The Globe Deliver Hawkish Message At Jackson Hole

Morgan Stanley Spots A New “Recession Canary” In The Credit Coal Mine

By Srikanth Sankaran, Head of European ABS Strategy at Morgan Stanley As this summer of optimism draws to a close, the Fed path and recession fears are returning to the fore. On the corporate front, the message from 2Q earnings was not overwhelmingly negative, but evidence of weakening demand, shifts in consumer spending and inventory pressures… Continue reading Morgan Stanley Spots A New “Recession Canary” In The Credit Coal Mine

China Answers Sen. Blackburn Visit By Buzzing Taiwan With 4 Nuclear-Capable Bombers

Beijing has issued its response to anti-China hawk Sen. Marsha Blackburn visiting Taiwan on Thursday and Friday. It began with at least 35 PLA jets buzzing the island’s airspace on Friday, including 8 Chinese Navy vessels patrolling off the island. And on Saturday Fox News correspondent Lucas Thomlinson reported “China sends four nuclear-capable bombers near Taiwan Saturday… Continue reading China Answers Sen. Blackburn Visit By Buzzing Taiwan With 4 Nuclear-Capable Bombers

Economies Can Burn Out, Too… And They Are

Authored by Charles Hugh Smith via OfTwoMinds blog, Economies can burn out, too, and they’re already sliding into the final stages of burnout. Burnout has a startling knack for sneaking up on us. We’re stressed and tired but still functioning at a high level, and then suddenly our capacity to keep going collapses. We are no… Continue reading Economies Can Burn Out, Too… And They Are

Deadly Clashes In Tripoli May Signal Imminent Libyan Civil War

At least 23 people have been killed and 87 injured in Tripoli as tensions between rival political groups erupted into street combat on Saturday. The United Nations has called for an immediate ceasefire. U.S. ambassador Richard Norland urged rival parties to agree to an early date for elections, and to reduce tensions “before things get worse.” … Continue reading Deadly Clashes In Tripoli May Signal Imminent Libyan Civil War

Tilting The Scales | ZeroHedge

Authored by Peter Tchir via Academy Securities, Tilting the Scales As we wrote on Friday afternoon (here on ZeroHedge), Powell was given the opportunity to speak in a format that let him sound like the inflation hawk that he probably really isn’t. What he really did was tilt the scales. Prior to Friday, the market… Continue reading Tilting The Scales | ZeroHedge