Finance
Where Is All The Oil Going?
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 […]
Articles by Mariel Alumit
Geopolitical
“I’m So Sorry”: LA City Council President Resigns After Leaked Racist Rants
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 […]
Finance
“It’s A Global Margin Call. I Hope We Survive”
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 […]
Climate Crisis
The Southwest Monsoon — More Erratic?
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 […]
Geopolitical
California Vs Ohio Pig Farmers, The Supreme Court Will Hear The Case
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 […]
Geopolitical
Racist Rants By Los Angeles Latino Councilmembers Leaked In New Audio
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 […]
Finance
“This Is Serious”: Jamie Dimon Says S&P Could Shed Another 20%, Warns Of US Recession In 6 To 9 Months
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 […]
Geopolitical
“It’s An Inconvenience:” Cyberattack Hits Websites Of Major US Airports
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 […]
Zero Edge
Germany Backtracks, Rejects Earlier Report On Joint EU Debt Issuance After Yields Soar
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 […]
Finance
PayPal Stock ‘Fined’ 6% After Flood Of Users Cancel Over $2,500 ‘Misinformation’ Debacle
Shares in PayPal are off more than 6% (or around $5BN in market cap) in early Monday trading after a massive internet campaign to cancel accounts went viral in response to the company’s now-reversed policy […]