Category: Finance

Update(2152ET): Following a day of conflicting claims and counter-claims over whether the strategically important southern Ukrainian city of Kherson was in Russia’s hands, the AFP is reporting just after 4am Kiev time that “Ukrainian officials confirm Russia’s capture of southern city Kherson.” Kiev over the past hours had disputed Russian reports that Kherson had been fully captured… Continue reading First Major Ukrainian City Falls To Russian Forces In South As Warships Eye Odessa

Over the weekend, the world gasped in shock when Western powers announced that the nuclear option would be used against Russia in retaliation for its invasion of Ukraine – sanctions against the country’s central bank and targeted expulsions of key banks from SWIFT, a move which has effectively locked Russia out of the western financial… Continue reading Zoltan Pozsar Warns Russian Sanctions Threaten Dollar’s Reserve Status

The narrative for today’s gains were 1) apparently positive headlines from Ukraine (though contradictory messages from both sides on talks were made), 2) ADP showed strong job gains (but embarrassed itself as practically useless with a massive revision to last month’s job losses), and 3) Powell affirmed a single rate-hike in March but  opened the… Continue reading Crypto & Crude Extend Yesterday’s Gains As Bonds & Stocks See Massive Roundtrip

Authored by Charles Hugh Smith via OfTwoMinds blog, Initial victories do not guarantee the war will be won. Rather, they arouse the most dangerous enemy: the fatal hubris of over-confidence. War tops the long list of human folly for a basic reason: it rarely achieves the initial goals of launching the war. It takes a special… Continue reading Wars Rarely Achieve Their Initial Goals: The Curse Of Second-Order Effects

Authored by Ian Miller via The Brownstone Institute, On February 4, 2020, just a month before his 60 Minutes interview, and two months before the CDC, with Fauci’s support, changed their mask guidance, he received an email from Sylvia Burwell, who had previously worked as a secretary of Health and Human Services under President Obama. … Continue reading When Fauci Told The Truth About Masking

There’s nothing like a nice global scapegoat du jour for companies to fall back on when they want to deliver bad news. Along those lines, stop us if you’ve heard this one before: Tesla is reportedly pausing installations of its solar roofs due to “supply chain issues”.  The company has reportedly communicated to employees that it is… Continue reading Tesla Stops Scheduling Solar Roof installs Due To “Supply Chain Issues”

As we transitioned from January to February, stocks soared higher as monthly flows were anticipated and op-ex overhangs were wrung out. But, as the week went on and NFLX and FB were clubbed like a baby seal (only to redeemed minimally by AMZN), dip buyers jumped back in and AMZN’s gains rescued investors from more… Continue reading Cryptos Jump, Stocks Slump As Bonds & The Dollar Dump

Authored by CJ Hopkins (satirically) via The Consent Factory, They rolled up on Ottawa’s Parliament Hill like one of the plagues in the Book of Revelations, honking their infernal air horns, the grills of their tractors grinning demonically, the sides of their dry vans painted with blasphemies like “FREEDOM TO CHOOSE,” “MANDATE FREEDOM,” “NO VACCINE… Continue reading Attack Of The Transphobic Putin-Nazi Truckers!

Authored by Zachary Stieber via The Epoch Times, Athletes in primary schools and colleges in South Dakota will have to compete in sports with peers of their own gender if Gov. Kristi Noem signs legislation that lawmakers in both state chambers have passed. South Dakota’s House of Representatives, in a 50–17 vote on Tuesday, approved the bill,… Continue reading South Dakota Legislature Passes Ban On Boys Competing In Girls’ Sports

Pundit Adam Carolla says that nobody would listen to Rep. Alexandria Ocasio-Cortez if she was ‘fat and in her sixties.’ “Long Funeral Homes, Short Life Insurers?” Carolla said to Fox News‘ Sean Hannity, drawing a shocked response. “Oh boy, you are going to step in that one,” replied Hannity, asking Carolla to clarify. “She is… Continue reading Adam Carolla: If AOC Was ‘Fat And In Her Sixties’ Nobody Would Listen To Her