Detransitioned Teen Girl Sues Kaiser Permanente Over Gender Transition Gone Wrong Authored by Elizabeth Dowell via The Epoch Times (emphasis ours), A detransitioned teen is suing Kaiser Permanente hospital because doctors removed her breasts during her transgender procedure. A Kaiser Permanente hospital in Anaheim, Calif., […]

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“We Are Headed For Another Train Wreck”: Bill Ackman Blames Janet Yellen For Restarting The Bank Run Yesterday morning we joked that every time Janet Yellen opens her mouth, stocks dump. Yellen opens mouth and stocks dump — zerohedge (@zerohedge) March 21, 2023 Well, it […]

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How Fauci’s Wife Used NIH Position To Backstop Her Husband’s Pandemic Health Directives Authored by Adam Andrzejewski via OpenTheBooks, It’s the Washington, D.C. power couple that cost taxpayers nearly $1 million per year. While Dr. Anthony Fauci gave the nation its pandemic public policy prescriptions, […]

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Cashless Society: Panera Bread Debuts “Frictionless” Palm Payment System Amazon’s palm-reading payment technology was first introduced at numerous Whole Foods locations in California, enabling customers to pay for their groceries by scanning their palms at checkout terminals rather than using cash or a card. Now […]

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Yellen Pulls Rug Out From Powell’s Dovish Promises: Gold Gains As Banks Bust Tl; dr: “Damn it, Janet!” Bill Ackman was pissed at Janet’s apparent flip-flop Yesterday, @SecYellen made reassuring comments that led the market and depositors to believe that all deposits were now implicitly […]

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Carvana Surges After Announcing Restructuring Which Would Shrink Debt By $1.3 Billion, Slash Interest By $100 Million Carvana, one of the high-flying stocks during the post-covid lockdowns which came crashing down to earth almost as fast at is soared, is surging this morning, rising as […]

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There Doesn’t Appear To Be A Good Option By Michael Every of Rabobank It was another wild day yesterday in markets. Very strong US housing data allayed fears of immediate recession, but then raised them that the Fed might keep hiking even as credit conditions […]

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PacWest Bank Tumbles After Abandoning Capital Raise While all eyes have been distracted by First Republic Bank’s efforts to re-capitalize, it appears Pacific West Bank (PacWest) has also been trying to raise capital. The bank issued an update this morning confirming that it is abandoning […]

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Trump-Backed SPAC Terminates CEO As Deal Languishes The merger between Trump Media & Technology Group and Digital World Acquisition Corp., which seeks to make Trump’s social media platform “Truth Social” public through a blank check company, faces even more challenges as deal hopes fade.  According […]

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‘Devoted To FUD’ – Industry Outraged As White House Report Slams Crypto Authored by Felix Ng via CoinTelegraph.com, The report included 35 pages seemingly aimed at debunking the merits of crypto assets… Crypto executives have expressed irritation over the latest White House economic report — […]

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SCOTUS Overturns Appeals Court Upholding Abortion Without Parental Consent Authored by Matthew Vadum via The Epoch Times (emphasis ours), The Supreme Court threw out a federal appeals court decision on March 20 that upheld the right of a minor to go to court for permission […]

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Rent Inflation Approaches Two-Year Low Amid Cooling Market Federal Reserve Chair Jerome Powell and his entire team should be cognizant of the fact that rents have been declining for many months. Despite this, Powell has been examining laggard data that persistently appears inflated.  The latest […]

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Gasoline Prices Buck The Trend Ahead Of Driving Season By Charles Kennedy of OilPrice.com With U.S. gasoline prices trending about 3 cents lower than the same time last week, analysts are now speculating that the banking crisis and broader financial markets concerns may prevent prices […]

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Zelensky Invites China To Discuss Peace After ‘No Breakthrough’ In Xi-Putin Meeting Ukraine appears willing to engage China in mediation efforts to end the war, at a moment China’s Xi Jinping is in Moscow discussing Beijing’s own 12-point peace plan. With the main part of talks […]

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…And Just Like That, The ‘Tight Money’ Era Is Over Authored by John Rubino via Substack, At the beginning of last week, everyone expected central banks to “tighten until something breaks”. By the end of the week it was clear that they’d already broken everything. […]

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“If We Again See Deflation Ahead, It Requires Fiscal AND Monetary Fusion” By Michael Every of Rabobank Shulman, Nosov, Tyulakov, Watford, Melnikov, Avayev, Protosenya, Krukovsky, Subbotin, Voronov, Rapoport, Maganov, Pechorin, Sungorkin, Gerashchenko, Pchelnikov, Petrunin, Mushegian, Taran, Makei, Kochenov, Zelenov, Bidenov, Buzakov, Antov, Maslov, Abdulaev, Pawochka, […]

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Yellen To Reassure World That “Treasury Is Committed” To Bailing Out Regional Bank Depositors The sound and fury of demands for universal deposit insurance are growing with Bill Ackman and Elon Musk the latest to join the calls for this ultimate step and as we […]

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Lithium Prices Plummet As Global Supply Concerns Diminish The price of lithium has experienced a significant decline over recent months, resulting from a deceleration in electric vehicle sales and an increasing supply of the key ingredient used in battery packs.  Since November, the average price […]

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Banking Crisis Hastens End Of Fed Tightening Cycle Authored by Simon White, Bloomberg macro strategist, The 25 basis points rate hike expected from the Fed this week could be the last for some time, as stresses in the financial sector cause bank credit to contract. […]

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Futures Surge Above 4,000 As Bank Crisis Fades Amid Growing Deposit Insurance Speculation It’s only appropriate that the day after the weekly dose of doom and gloom from Marko Kolanovic and Mike Wilson, that stocks soar to the highest level in almost two weeks. S&P […]

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