News
Leveraged Up: Consumer Loans and the Next Market Crash
On Sunday, we published a post about the eerie similarities in Nasdaq and S&P 500 price structures between 2008 and today. It was noted in the post that circumstances are slightly different today, but this recent news from MSN tells us a different story:
Read More »Leveraged Up: Consumer Loans and the Next Market Crash
MSN: Ark Invest’s Cathie Wood predicts inflation will see ‘major downside surprises’ in coming months
Could this be George Gammon’s “disinflationary recession”?
Inflation Reduction Act: The Big New Tax
Instead of placing restrictions on the Fed and Treasury or applying a gold standard to curb unchecked money creation, their idea of reducing rampant inflation is taking more money away from income earners through more taxation. From NBC News, here’s what’s in the Bill: $739 billion in revenue: 15% Corporate Minimum Tax, $313 billion. Prescription
Washington Times: Pelosi’s husband buys $5 million in chip stocks
Check $NVDA pls. Thnx.
America’s Waning International Standing
Looks like Ray Dalio’s model is coming to fruition in real-time.
Celsius Network Filed for Chapter 11 Bankruptcy
Crypto is having its Lehman Brothers moment.
Money Monday: The Grim Economic Outlook for the US and the World
Instead of writing a long-winded report on how we’re all f*cked, just read these articles and figure it out on your own.
Read More »Money Monday: The Grim Economic Outlook for the US and the World
Salon – Nine words that shook the world: What was Joe Biden thinking?
What were voters thinking?