Don't expect the Fed to save the day
"It'll keep interest rates high even even if a recession crushes stocks next year"
The Fed is not going to flinch from its inflation-fighting plans despite a nudge down in the CPI report that may be nothing more than another head fake. The market showed some signs of Fed fear re-emerging after a mysterious moment of major market riggery that skyrocketed stocks a minute before the CPI report was released. What bolted upward yesterday settled back down during the day. Blackstone warns that the market is not thinking straight about the fact that the Fed will take the nation into a recession to kill inflation, a change that the financial foghorn known as the “yield curve” is now signaling louder than anytime in, at least, the last fifty years. Meanwhile, the stock buybacks that drove the market for years are dying down in the face of recession fears as corporations seek to retain profits for tougher times ahead.
Economica (stocks in bondage, bonds in the stockade, market madness, etc.)
Blackstone Might Delay New Private Equity Fund After Redemption Panic
CPI Didn’t Give the Stock Market What it Believed it Wanted
Glimmer of Hope that Rate Hikes & QT Pushed Down Inflation or Just Another CPI Head Fake?
Rigging Exposed: 60 Seconds Before CPI Hit, Heavy Trading Drove Mystery Rally
Delta expects 2023 earnings to nearly double thanks to ‘robust’ travel demand
Corporate America Buys Back Fewer Shares as Recession Fears Rise
Surging Tech Layoffs Just Getting Started
Ron Paul: The Mother of all Economic Crises
The Financial Foghorn Is Blowing, But Few Heed Its Warning
Housing Bubble Bust 2.0 (including commercial & global real estate)
Mortgage demand inches higher as interest rates move lower
Money Matters (monetary policy, gold, silver, cryptos & currency wars)
What the Hell Happened to PayPal?
Sam Bankman-Fried Sits in Bahamas Jail After Lightning-Fast US Probe
Famished & Enflamed (sanctions, shortages, famines & fires)
America’s western water crisis is so bad that Colorado is going to start drinking recycled sewage
Russia Set To Post A Massive $55 Billion Budget Deficit In December
Russia’s Oil Revenues Dip As Huge Discounts Offset High Exports
Overinflated (too much money chasing too few goods)
U.S. Consumers Pick Up The Bill For Billions In Storm Repair Costs
War, Cyberwar, Civil Conflicts & Unrest
U.S. Poised to Send Patriot Missile Defense Batteries to Ukraine
Putin Readies Nukes To Threaten West
Why Strategically Unimportant Bakhmut Has Become Hell On Earth
Politics & Social Decay
McConnell steps up attacks on weakened Trump
Former Trump lawyer Harmeet Dhillon battles Ronna McDaniel’s in race to rule RNC
Globalism, Authoritarianism, Invasive Government & Censorship
Jack Dorsey, Twitter Founder, Admits 'Biggest Mistake' Was Creating Authoritarian Censorship Toolbox
Elon Musk Wrecks John Brennan With Just Four Words
Elon Musk's Twitter isn't paying its bills
Winds of Change (extreme weather, climate change & green energy)
The Arctic is getting warmer and stormier, and ship traffic is increasing as ice melts
Hydrogen Jets Could Help Decarbonize Air Travel
A Pox Upon Us (the plagues & pandemic policing of the 2020’s)
Why You May Soon Find Yourself in ‘Digital Prison’
White House Flips Out After Musk Says Fauci-Funded Research "Killed Millions"
DeSantis Announces Florida Grand Jury Investigation to Hold Vaccine Manufacturers Accountable
Covid Surge Spooks Beijing Residents, Disrupts Government
Off-the-Beat or Just Plain Offbeat News
Hawaiian volcanoes suddenly go quiet, but scientists don't know why
World’s first ‘artificial womb facility’ is creepy glimpse of pregnancy in the future
Prince William Tells Friends His Relationship With Prince Harry Is ‘Over’
Creative Collapse (cartoons, humor & other creative expressions)
JP Sears: “It’s not about population control” getting dumber by the day