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Finance

Tesla Earnings Preview: Sales, Semis, & Shanghai In Focus

October 19, 2022 Mariel Alumit

With the looming sale of Twitter playing out in the background (along the capital needs necessary to facilitate it coming due), we can’t say we’d be surprised by an “optimistic” spin on Tesla’s earnings this […]

Geopolitical

Crude Spikes As President Biden Blames OPEC, Big Oil (& Buybacks) For High Gas Prices

October 19, 2022 Mariel Alumit

Update: Well, we nailed it in the preview – President Trump blamed OPEC, blamed Big Oil (and its greed), blamed local gas stations (naively claiming that “gas prices should reflect the cost of a barrel […]

Finance

Ugly, Tailing 20Y Auction Prices At Highest Yield On Record As Foreign Buyers Flee

October 19, 2022 Mariel Alumit

While it’s safe to say that nobody expected a solid 20Y auction today, today’s reopening of 19-year 10-month cusip TK4 was a debacle. Pricing at a high yield of 4.395%, this was the highest yield […]

Finance

Stocks, Bonds, Bitcoin Dump As Black Gold The Buck Jump

October 19, 2022 Mariel Alumit

Soaring UK inflation, escalating Ukraine tensions, ugly housing starts data, hawkish Kashkari comments, more UK govt chaos, Biden blame-scaping everyone but himself for high gas prices, a ‘meh’ Beige Book, and The Fed’s Jim Bullard […]

Finance

Marx’s 5th Plank: What You Need To Do As The Fed’s Credibility Evaporates

October 19, 2022 Mariel Alumit

Authored by Nick Giambruno via InternationalMan.com, International Man: First, the Federal Reserve told us there was no inflation. Then, they told us not to worry when inflation became undeniable because it was only “transitory.” Then, […]

Electric Vehicles

Tesla Dumps 4% After Beating Earnings, Missing On Revenue And Margin

October 19, 2022 Mariel Alumit

As previewed earlier, analysts are expecting Tesla to post earnings of $1 per share, down from $1.06 per share, and $22.1 billion in revenue, down from $22.7 billion. “Analysts are penciling in an operating profit […]

Geopolitical

UK Treasury To Bail-Out Bank Of England’s ?11 Billion QE Losses

October 19, 2022 Mariel Alumit

Just when you thought UK PM Liz Truss had her budget under control, it appears another big hole just appeared that needs to be plugged. As we recently detailed, new UK chancellor Jeremy Hunt faces […]

Mice
Geopolitical

Fauci’s Agency Now Scrutinizing University Study Of Hybrid COVID Strain That Killed ’80 Percent’ Of Mice

October 19, 2022 Mariel Alumit

Authored by Jack Phillips via The Epoch Times (emphasis ours), A National Institute of Allergy and Infectious Diseases official said the agency will further evaluate a controversial Boston University-commissioned preprint study that developed a COVID-19 […]

Finance

Biden Claims US Inflation Will Only Get Worse Under Republicans

October 19, 2022 Mariel Alumit

In a new narrative message that is starting to spread within the mainstream media, the latest increase in the official CPI print leads Joe Biden to attempt a fumbling deflection by claiming inflation will only […]

Energy Crisis

“Weeks Away From Whole $hithouse Coming Down” – Holter Warns This Crash “Will Make 1987 Blush”

October 19, 2022 Mariel Alumit

Via Greg Hunter’s USAWatchdog.com, Precious metals expert and financial writer Bill Holter said in June it was “game over, they’re pulling the plug.” The Fed went on an aggressive interest rate raising policy and is […]

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