Authored by Luke Huigsloot via CoinTelegraph.com, While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy… […]
The cascade of defaulted regional US banks is blowing out the circulating inventory of distressed debt which expanded by about $65.9 billion last week as US insolvency courts saw six new, large bankruptcy filings, according […]
Authored by Mike Shedlock via MishTalk.com, A Federal Reserve white paper has come up with a new function for money. Let’s tune in… Docket No. OP – 1670 Please consider Docket No. OP – […]
The collapse of the woke tech industry continues to accelerate this month with numerous companies announcing major layoffs and some of them on the verge of bankruptcy. The culture of ESG status, which is rooted […]
After 76 year old treasury secretary Janet Yellen blew up the market yesterday with her post-FOMC comments that regulators aren’t looking to provide “blanket” deposit insurance to stabilize the US banking system, stock futures have […]
Following yesterday’s disappointingly hot inflation prints, it was not a big surprise to markets that The Bank of England (BoE) hiked rates by 25bps this morning to 4.25%, the highest since 2008, and left the […]
Authored by Simon White, Bloomberg macro strategist, A full guarantee of all bank deposits would spell the end of moral hazard and mark the final chapter of the dollar’s multi-decade debasement. It’s said the cover-up […]
Sanofi (SNY) and Regeneron Pharmaceuticals‘ (REGN) asthma drug Dupixent succeeded in a final-phase study of patients with “smoker’s lung,” leading SNY stock and REGN stock to rocket Thursday. In the Phase 3 study, Dupixent led […]
Tesla (TSLA) sales in the U.S. got off to a hot start this year thanks to the combination of price cuts and a new $7,500 federal EV tax credit. But Tesla’s lowest-price vehicle, the standard-range […]
Digital World Acquisition (DWAC), a blank-check company poised to merge with former President Donald Trump’s media company, heads into Thursday’s session riding a gain of more than 6% for the week. It is an important […]
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