Columbia Journalism Review Russiagate Post-Mortem Is A Good Start

  • Post category:Finance

Authored by Mark Hemingway via RealClear Wire,Without much fanfare, earlier this week Jeff Gerth, a Pulitzer-Prize winning former New York Times investigative reporter, dropped a thorough and damning four-part article dissecting the media’s obsessive reporting on Donald Trump’s alleged collusion with…

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Bed Bath & Beyond Belief: ‘Bankrupt’ Retailer Announces Billion-Dollar Stock/Warrant Offering

  • Post category:Finance

After soaring 130% at its highs of the day, bankrupt-ish Bed Bath & Beyond (having already missed interest payments on its bonds) just pulled a Hertz, announcing its plan to offer series A convertible preferred stock and warrants, raising over $1…

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‘Dr.Doom’ Warns “Increased Weaponization” Of The Dollar Threatens US Hegemony

  • Post category:Finance

Authored by Nouriel Roubini, op-ed via The Financial Times,The greenback is bound sooner or later to feel the effects of intensifying geopolitical rivalry between the US and China...The US dollar has been the predominant global reserve currency since the design of…

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Massive Hawkish Reversal In Rate-Hike Odds Sparks Greenback Gains, Bond Bloodbath

  • Post category:Finance

Friday's payrolls print started the panic, but the weekend's reality-checks on what Powell said and what the market wanted to hear has sparked a massive resurgence in the short-term interest-rate market's perceptions of The Fed's rate-trajectory. The terminal rate expectations has…

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The Annual Interest Rate Payment on Government Debt Is $850 Billion And Rising Fast

  • Post category:Finance

Authored by Mike Shedlock via MishTalk.com,At the current pace, interest on US government debt will soon hit one trillion dollars...Annualized intertest on US national debt from the BEA, chart by MishNote that interest on the national debt either stabilizes or drops…

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Goldman Hikes 3 Month S&P Target By 400 Points To 4,000 As Chief Economist Slashes Recession Odds

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There was a glaring contradiction within Goldman's Research group (unlike its FICC traders, who tend to have a much better and cohesive grasp of recent market developments. and whose predictions are far more accurate): on one hand, the bank's equity research…

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Neo-Nazi Couple Arrested For Alleged Plot To ‘Completely Destroy’ Baltimore

  • Post category:Finance

A neo-Nazi couple was arrested and charged with conspiracy to damage power substations encircling Baltimore City that would "completely destroy" the metro area, according to Department of Justice (DoJ) court documents. On Monday, DoJ prosecutors announced Florida resident Brandon Clint Russell, an alleged…

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“Horrible Scenes” – 1900 Dead So Far In Turkey-Syria Quake, 1000s of Buildings Collapsed

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Update (0956ET): A 7.5-magnitude earthquake followed by a powerful 7.8 tremor in Turkey has caused 1,900 deaths so far across southeast Turkey and Syria. About 1,121 deaths were reported in Turkey, while 783 died in Syria.More than 2,830 buildings have been destroyed,…

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Welcome To The Death Spiral

  • Post category:Finance

Authored by John Rubino via Substack,Gold bugs and other long-suffering critics of fiat currency and endless credit expansion have for decades been predicting that soaring debt would eventually blow up the financial world. As the story went, governments with unlimited printing…

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As Panicked Hedge Funds Covered Tech Shorts At A Record Pace, They Were Piling New Shorts In This Sector

  • Post category:Finance

On Friday, we first reported that according to Goldman's Prime Brokerage team, following the sharp post-FOMC/ECB/BOE market rally Thursday led by High Retail Sentiment (GSCBHRSB), High Beta 12M Losers (GSCBLMOM), and Most Short (GSCBMSAL) stocks, the bank's Prime book - a…

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Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns

  • Post category:Finance

Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as "supply shortages bite." Since then the commodity picture has ebbed and flowed, and after commodities experienced a modest bounce following China's…

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The EU Will Lag On AI For The Same Reason It Lost On Phones And EVs

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Authored by Mike Shedlock via MishTalk.com,Let's discuss why the EU lags on artificial intelligence, electric vehicles, cloud storage, phone technology, and nearly everything else...Eurointelligence comments Europe is Losing the AI Battle.Having missed the first stage of the digital revolution, Europe is now…

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Germany Considers Diverting Anti-Coal ‘Green’ Subsidies To Weapons Production

  • Post category:Finance

Germany is currently mulling reducing its focus on the long hyped 'green' initiatives as it scrambles to ramp up lagging defense manufacturing after recently approving a 100 billion euro military revamp in response to the Russian invasion of Ukraine.Unnamed officials have…

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Fresh Calls For UK To Ditch European Human Rights Laws To Take Back Control Of Its Borders

  • Post category:Finance

Authored by Thomas Brooke via Remix News,Conservative MPs who supported Britain’s withdrawal from the European Union have called for the country to either ignore or ditch the European Convention on Human Rights (ECHR), which they claim is preventing the country from…

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The New York Times Just Admitted That The West’s Anti-Russian Sanctions Are A Failure

  • Post category:Finance

Authored by Andrew Korybko via The Automatic Earth blog,The “official narrative” surrounding the Ukrainian Conflict has flipped in recent weeks from prematurely celebrating Kiev’s supposedly “inevitable” victory to nowadays seriously warning about its likely loss.It was therefore expected in hindsight that other dimensions of the information…

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Innovation Or Attack? Sorting Out The “NFT Big Block” On The Bitcoin Network

  • Post category:Finance

By Liu Chongyong of WuBlockchain,On February 1, 2023, Bitcoin Network mined the largest block in history, containing a nearly 4M largest transaction in the history, and the transaction fee is 0...The big transaction was sent out by indie developer @udiWertheimer’s “Taproot…

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Hedge Fund CIO: “China’s Helium Balloon Is A Distraction: The Real Risks Are Off The Radar”

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By Eric Peters, CIO of One River Asset Management“You take something off the table here,” barked Biggie Too. “Feels like we’re somewhere in peak Goldilocks,” continued the Global Chief Strategist for one of Wall Street’s Too-Big-To-Fail affairs. “At some point you…

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Mission Accomplished!

  • Post category:Finance

Authored by MN Gordon via EconomicPrism.com,About the time the most trusted man in America, Walter Cronkite, signed off from the CBS Evening News for the last time, something momentous happened in the U.S. credit market.  Few people, apart from Bill Gross…

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Fake Meat Fail: Sales Collapse At Beyond Meat, Impossible Foods As 20% Of Staff Laid Off

  • Post category:Finance

The fake meat industry appears to be in a death-spiral as sales at plant-based 'meat' companies Impossible Foods and Beyond Meat have imploded.As Axios reports, "after years of hype, the tide is turning against the first generation of plant-based protein makers."Last…

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Update To ‘Sims’ Video Game Features Teen Trans Characters With Chestbinders, Breast Removal Scars

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Authored by Steve Watson via Summit News,A new update to the popular “Sims” video game, where the player controls communities of simulated characters, now features transgender characters replete with chest binders and scars from having their breasts surgically removed.The Update was…

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A Return To ‘Head-Smacking Craziness’? Hedge Fund Billionaire Singer Warns ‘Bear Market Is Not Over Yet’

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"Central bankers think they are the masters of the universe because the world is looking to them (and only them) to deliver continuous stability and prosperity. There is no reason to suppose that they understand the modern financial system and economy…

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“It’s Disinformation”: Trump, Former Officials Slam Anonymous Report Of Chinese Spy Balloons Under Their Watch

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Former President Donald Trump lashed out at a report from an anonymous US Defense Department official who said over the weekend that spy balloons transited over US territory while he was president."This never happened. It would have never happened," Trump told…

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