Here’s Why One Bank Is “Terrified” Into Friday Aside from today’s dovish tilt (after this morning’s shitshow of data), the market has scrambling back into “hawkish” expressions over the last week… This shift comes ahead of: 1) anticipated commentary from Jerome Powell at Jackson Hole… …while also, 2) the world watches the European / UK Energy crisis spin…
Powell’s “Put”: Out Of Money & Time Authored by Michael Pento via PentoPort.com, Despite all the fanfare and cheerleading you hear in the MSFM, the recent bounce in equity prices has just been a rather pedestrian bear market rally. Bull markets are not engendered by a faltering global economy, very high rates of inflation, and the…
Op-ed views and opinions expressed are solely those of the author. Well, I’ve been banned from Twitter for violating their rules; truth is now “hate speech” or some other insanity. “Truth is its own defense”, was a principle first set forth in Crown v Zenger (1735) when Andrew Hamilton successfully defended John Peter Zenger on…
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STORY AT-A-GLANCE Dr. Peter Hotez, dean for the National School of Tropical Medicine at Baylor College of Medicine, Houston, has repeatedly dismissed the idea of a lab accident or deliberate spread, calling it “an outlandish conspiracy theory” He’s also a fierce critic of the ongoing Congressional probe into gain-of-function research, decrying it as a “threat…
Around the Web – Original Source: www.thegatewaypundit.com Special Counsel John Durham’s lead prosecutor withdrew from the criminal case against Igor Danchenko, the main source for the Trump-Russia dossier paid for by Hillary Clinton’s camp. The trial against Danchenko is set to begin in October. Assistant special counsel Andrew DeFilippis withdrew from the case late Sunday…
Early samples are testing positive for parvovirus, but more testing is needed
Trump said Republicans must “work together” to defeat Democrats, “Fake News Media”
Sales of new single-family homes fell again in July, dropping 12.6 percent to 511,000 at a seasonally-adjusted annual rate from a 585,000 pace in June. The July fall was the sixth drop in the last seven months, leaving sales down 39.0 percent from the December 2021 level and 51.0 percent from the August 2020 post-recession…
For simplicity and elegance, it’s hard to beat the equation of exchange. MV=PY. Money expenditures equal the dollar-value of output. With four easy-to-understand variables, we get a highly useful framework for interpreting monetary policy. The equation of exchange is also readily modifiable into a testable theory. Assuming (1) stable velocity (V) and (2) non-monetary factors…