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HomeU.S Market

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Crypto

CBDC “Is A Massive Threat To American Liberty” – DeSantis Vows To Kill FedCoin “On Day One” Of His Presidency

July 16, 2023 Mariel Alumit

In a lengthy interview with Tucker Carlson yesterday, at the Family Leadership Summit in Iowa, Florida Governor Ron DeSantis detailed his stance on various issues, including abortion, the environment in Florida, foreign policy, and the […]

Real Estate

Illinois Law Forces Landlords To Rent To Illegals Or Face Civil Rights Violations

July 12, 2023 Mariel Alumit

Illinois Governor J.B. Pritzker signed SB 1817 into law, which mandates landlords must rent property to illegal immigrants. Democrats in this ultra-progressive crime-ridden state are under fire for prioritizing the needs of migrants over the […]

Crash
Finance

Hudson On The United States’ Financial Quandary: ZIRP’s Only Exit Path Is A Crash

July 9, 2023 Mariel Alumit

Authored by Michael Hudson via NakedCapitalism.com Originally published in the Investigaci?n Econ?mica (Economic Research), produced by UNAM (Autonomous National University of Mexico) Abstract Interest-bearing debt grows exponentially, in an upsweep. The non-financial economy of production […]

BlackRock Is Leading A 120 Trillion Investment Boom That Is Upending Wall St -EnergyNewsBeat
ESG

It’s not just Larry Fink. C-suite ESG mentions drop as political heat rises.

July 8, 2023 Mariel Alumit

BlackRock’s Larry Fink isn’t the only CEO no longer using the now-controversial acronym ESG. ESG — which stands for a focus on environmental, social, and corporate governance principles — was mentioned by just 74 S&P 500 […]

Biden
Critical Minerals

Biden admits China ‘dominating’ raw material production, promises to bring ‘full battery supply chain home’

July 7, 2023 Mariel Alumit

President Biden – while in South Carolina Thursday to make the argument that his economics measures rammed through Congress with little Republican support benefits red states – admitted that China is “dominating raw material production,” […]

Jobs

June Payrolls Preview: Only A Huge Miss Will Derail The Fed Plan To Hike In July

July 7, 2023 Mariel Alumit

Ahead of tomorrow’s nonfarm payrolls report, labor market proxies have been mixed in June: as Newsquawk notes, initial jobless claims spiked in the comparable survey week, with the four-week moving average higher heading into the […]

Crypto

The Supreme Court Could Stop The SEC’s War On Crypto

July 7, 2023 Mariel Alumit

Authored by J.W. Verret via CoinTelegraph.com, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett are among a group on the Supreme Court who may not smile upon the SEC’s interpretation of the law…   When […]

Jobs

Job Openings Tumble By 500K Even as Number Of Quits Unexpectedly Soars

July 6, 2023 Mariel Alumit

For those fascinated by the narrative that AI will cause a margin-busting corporate revolution as millions of mid-level employees are replaced by a cheap “bullshitting” AI algo, then today’s latest JOLTS report will come as […]

Crude Oil News

WTI Rebounds After Crude/Product Draws; Biden Admin Drains SPR for 14th Straight Week

July 6, 2023 Mariel Alumit

Oil prices are down this morning after the ‘good news is bad news’ data from the US offsetts additional production-cut announcements this week from OPEC-plus members Saudi Arabia and Russia. Crude remains about 10% lower […]

Exxon
Big Oil Companies

Exxon Flags Falling Profit Amid Low Natural Gas Prices And Refining Margins

July 6, 2023 Mariel Alumit

ExxonMobil (NYSE: XOM) expects to book sharply lower second-quarter earnings compared to the same period last year and to the first quarter, due to low natural gas prices and lower refining margins. For the first […]

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