Author: Tyler Durden

Biden & Xi Will Speak In Coming Weeks After G7 Tries To Pressure Beijing Authored by Dave DeCamp via AntiWar.com, National Security Advisor Jake Sullivan said Monday that he expects President Biden will speak with Chinese President Xi Jinping in the coming weeks as tensions are soaring between the two powers. Sullivan said one of the reasons…

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Case-Shiller Home Prices Soared By Record In April, But… With home sales weakening across the nation (while mean home prices are surging relative to median, signaling higher-end homes dominating the sales) and homebuilder sentiment slumping, this morning’s Case-Shiller (newly minted S&P CoreLogic CS) home price index data unexpectedly accelerated even higher.  The latest data is…

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COVID Falls From G7 Agenda – Focus Now On Russia, Russia, Russia Remember at the beginning of this year when you could not turn on the TV or log on to the web without being bombarded by a non-stop wave of covid fear mongering?  Remember when you couldn’t even ask questions about the validity of…

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Earnings Recession Coming As Fed Hikes Rates Authored by Lance Roberts via RealInvestmentAdvice.com, An earnings recession is coming as the Fed hikes rates which accelerates an economic recession. Such should be no surprise given earnings are derived from economic activity. However, despite economic growth already showing signs of weakness, inflation running at the highest level…

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Why Don’t Currencies Trade Like They Used To? By Russell Clark of the Capital Flows and Asset Markets substack To explain how odd currencies have been in recent years, you need to go right back to the beginning of free market trading in currencies. The Thatcher/Reagan revolution ushered in an era of free market pricing…

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Another Food Processing Plant Shutters Operations, Adding To Long List Of Closures  A top food processing plant will be closing down one of its facilities in Campbell County, Tennessee, adding to the long list of closures over the last year.  George’s Prepared Foods announced its chicken processing plant in the small town of Caryville would…

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Why Biden’s Green Energy Policy Will ‘End In Tears’ Authored by Kevin Stocklin via The Epoch Times (emphasis ours), American Founding Father Benjamin Franklin once said that “experience is an expensive school but fools will learn in no other.” Germany’s green energy policy, launched in the year 2000, could have been a cheap lesson for…

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“Stacks Of Bodies”: Horror In Texas As 46 Migrants Found Dead In 18-Wheeler Officials in San Antonio, Texas found 46 bodies in and around an 18-wheeler tractor-trailer, and 16 others were taken to local hospitals in what is presumed to be human trafficking gone wrong. An ambulance leaves the scene where police said dozens of…

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Fact Checkers Demand YouTube Censor Competitors Because No One Is Watching Their Content Authored by Paul Joseph Watson via Summit News, ‘Fact checkers’ are demanding that YouTube censor more videos for “misinformation,” with one of the reasons being that no one is watching their content. Well, this is awkward. The censorship demand was made during…

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NATO To Drastically Increase High-Readiness Forces By 650% Going into this week’s NATO summit in Madrid, set to run Tuesday through Thursday, NATO Secretary General Jens Stoltenberg has announced what surely be taken by Moscow has another huge escalation on the military front.  Stoltenberg announced at a Monday press briefing that NATO is drastically beefing up…

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France Sees Nuclear Energy Output Plummet At The Worst Possible Moment Authored by Haley Zaremba via OilPrice.com, France, the European Union’s leader in nuclear energy, is seeing a massive decline in output. Though it has been relatively unfazed by the bloc’s ongoing energy crisis, declining nuclear production could pose a significant problem in the coming…

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“Suitcases Full Of Drug Money”: Credit Suisse Found Criminally Guilty in Money-Laundering Case Tied to Cocaine Ring Another day, another dismal development for the 2nd largest (but most damned) Swiss bank. On Monday, Credit Suisse Group was convicted of failing to prevent money laundering by a Bulgarian cocaine trafficker, in the first ever criminal conviction…

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Almost All 5,000 Gang Members In Sweden Are Either 1st- Or 2nd-Generation Migrants By Denes Albert of Remix News The urban crime gangs dominating Swedish cities are almost exclusively made up of immigrants, according to Amir Rostami, a leading criminologist and professor who based his findings on police data. In Sweden, the number of gang-related…

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Newspeak In The 21st Century: How To Become A Model Citizen In The New Era Of Domestic Warfare Authored by Cnythia Chung via ‘Through A Glass Darkly’ Substack, Disagreement has become an extremely sensitive issue lately; it was once thought that debate was an essential component to a strong and healthy democracy, however, we are…

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BRICS Summit Reaffirms That Russia Not As Isolated As NATO Suggests The recent BRICS summit managed to run its course this past week with very little fanfare, despite the fact that Russia is in the midst of a conflict with Ukraine that has led to a worldwide economic war. China is edging towards a potential…

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The Depopulation Of Taiwan Authored by Igor Chudov via Igor’s Newsletter, This is a continuation of my post from yesterday about a massive 13% decline in births in Germany. Such a decline is a nine-sigma event, meaning that it is so unlikely to occur by chance, that it would naturally happen as rarely as an…

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The First Cut Might Not Be The Deepest Even Deutsche Bank’s Jim Reid admits that he was “slightly surprised” at the results revealed by the following chart, lifted from his latest slidebook (available to professional subs). It shows what the median US CPI was at the start of the 13 hiking cycles in the last…

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Abortion Clinics Start Closing After Roe v. Wade Ruling Authored by Tom Ozimek via The Epoch Times (emphasis ours), Abortion clinics in multiple states closed their doors on June 25 following the Supreme Court decision to overturn Roe v. Wade and allow states to pass their own laws regulating access to abortion. An exam room…

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“More Money In Your Pocket” – Newsom To Helicopter Drop $17 Billion In “Inflation Relief” Stimmy Checks  As the Federal Reserve attempts to crush aggregate demand through the most aggressive monetary tightening policies in decades to cool red-hot inflation, California Governor Gavin Newsom has come up with the brilliant idea to stoke even more demand…

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“Catastrophic Risk To Stocks And Bonds”: Fed’s Balance Sheet Caused Inflation, Not Low Rates By Vincent Cignarella, Bloomberg Markets Live commentator and reporter The Fed’s balance sheet as a percentage of GDP is what is driving today’s inflation — not the nominal Fed Funds rate. This will emerge as a major risk to stocks and…

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