A triple whammy of BTFDiness hit just after 1300ET as the S&P hit crucial support at 3600.00, German officials denied supporting joint-debt to pay for energy crisis, and The Fed’s Lael Brainard offered a very […]
By Russell Clark of the Capital Flows and Asset Markets substack The advent of shale oil production has transformed the US oil market. As production of US oil has increased the net imports of […]
Update (1325ET): Well, that did not take long. NBC Los Angeles reports LA City Council President Nury Martinez resigned Monday after leaked audio recorded her racist rants. Martinez, a Latino Democrat, issued this statement Monday […]
One week after former NY Fed guru Marc Cabana (who needs no introduction but in case someone is unfamiliar, please read this), warned that the Fed could follow in the BOE’s footsteps, as “the Fed […]
Guest Essay by Kip Hansen — 10 October 2022 The Monsoon. Life Giving. Life Taking. Bringing both joy and sorrow to all of India. As always has. It is believed by some that India’s history […]
Authored by Mike Shedlock via MishTalk.com, California is hell bent on forcing its policies on the entire nation. The case will go to the top court… Please consider Ohio Pig Farmers Didn’t Get a […]
Update (1325ET): Well, that did not take long. NBC Los Angeles reports LA City Council President Nury Martinez resigned Monday after leaked audio recorded her racist rants. Martinez, a Latino Democrat, issued this statement Monday […]
JPMorgan CEO Jamie Dimon has gone into doomer territory – warning that while the US economy is “actually still doing well” at the moment, there are “very, very serious things which I think are likely […]
Early Monday morning, alleged hackers from ‘within the Russian Federation’ unleashed cyberattacks on websites of major US airports, according to ABC News, citing a senior US official. Luckily, the attacks did not disrupt systems that […]
The US cash Treasuries market may be closed today( although with futures trading sharply lower, the implications for the 10Y were clear: 4% is next)… … but Europe did not have that luxury and […]
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