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“We’re In The Midst Of A Coup” – Martin Armstrong Warns NeoCons Will Rig 2024 Election ViaGreg Hunter’s USAWatchdog.com, Legendary financial and geopolitical cycle analyst Martin Armstrong was forecasting “chaos” in 2023, and that’s exactly what we got.  His cycle work says don’t look for it to get better anytime soon.  Armstrong explains, “We are in…

Citadel’s Summer Interns Are Making $120 Per Hour Some Wall Street interns are absolutely crushing it this summer, in some cases making as much as $120 per hour while the senior staff head out to the Hamptons to booze and schmooze in the sun, Bloomberg reported this week.  The pay comes as firms look to…

Stocks Soar As Strong Data Batters Bonds & Bullion, Sparks Hawkish Shift In Rate-Hike Odds Strong housing data today is bad news for The Fed – and the market’s ‘pause-hopers’ – as it threatens to re-ignite the Owners Equivalent Rent segment of CPI (which has rolled over and is helping with the recent trend of…

“Gone, Gone”: Anheuser Busch Fires Pro-Trans Marketing Execs Who Destroyed Brand Anheuser-Busch has fired two marketing executives who were placed on leave after destroying the Bud Light brand with an advertising campaign featuring transgender influencer Dylan Mulvaney. Public/Screenshot/YouTube — User: Daily Updates News According to the Daily Caller, Group VP for Marketing Daniel Blake, and…

Kamala Harris Has The Worst Net Negative Rating Of Any Vice President In NBC Poll’s History Authored by Debra Heine via American Greatness, While voters continue to have serious concerns about Joe Biden’s mental health, they are even less impressed with his vice president, according to the latest national NBC News poll. Kamala Harris has a…

The Corruption Of POTUS, SCOTUS, And SCROTUS Authored by Charles Hugh Smith via OfTwoMinds blog, Until we reach that point of social transformation, we’re passengers on a ship of state doomed by rampant, systemic corruption and the collapse of moral standards and the rule of law. Political corruption isn’t hard to define: confidentially leveraging the power…

Value Dramatically Outperforms Growth As Bonds & Bitcoin Slide A quiet start to the last week of the month/quarter with bonds and the dollar down a bit, gold up a smidge, and all the volume in a rotation from growth to value (for a change) in equity-land. Source: Bloomberg A weaker than expected Dallas Fed…

Over Two Thirds Of Voters, 43% Of Democrats Say Biden Not Physically Or Mentally Fit Enough; New Poll Finds Authored by Steve Watson via Summit News, An NBC News poll has found that 68 percent of voters, including 43 percent of Democrats, are “concerned that Joe Biden does not have the necessary mental and physical health to…

From Merck To Microsoft: These Are The Companies That BlackRock ‘Controls’ The Most Of A week after an employee of the world’s largest asset management company, BlackRock, described how the company attempts to stay out of the media spotlight while buying politicians and profiting off of war (according to undercover footage obtained by the O’Keefe Media…

Turley: Who Is Lying – Merrick Garland Or The Whistleblowers? Authored by Jonathan Turley, op-ed via The Hill, “I’m not the deciding official.” Those five words, allegedly from Delaware U.S. Attorney David Weiss, shocked IRS and FBI investigators in a meeting on October 22, 2022. This is because, in refusing to appoint a special counsel, Attorney Garland…

US Intelligence Knew Of Wagner Plot Days In Advance, Briefed Congress US intelligence officials knew well in advance that Wagner head Yevgeny Prigozhin was planning to mount an armed rebellion against the Russian military’s top commanders. Congressional leaders were even briefed days prior to Saturday’s events, after US intelligence reportedly observed the mercenary firm mustering forces…

Taxation Without Representation Meets The 21st Century Authored by Robert Alt via RealClear Wire, Who is authorized to tax the income of a commuter who doesn’t commute? This question—born of the pandemic and currently pending before the Supreme Court of Ohio—could be coming to a tax bill near you, and soon. Following the outbreak of…

Fauci’s Flip-Flopping Lab-Leak Denier Subpoenaed After Stonewalling Congress On ‘Proximal Origin’ A scientist who originally told Dr. Anthony Fauci that Covid-19 looks “potentially” engineered, only to flip-flop days later and co-author a report prompted by Fauci “disproving” the lab-leak hypothesis, has been subpoenaed by the House Select Subcommittee on the Coronavirus Pandemic. Dr. Kristian Anderson…

Washington’s Bias For Continuous Inflationism Authored by MN Gordon via EconomicPrism.com, This week Federal Reserve Chair Jerome Powell delivered his semiannual testimony to Congress.  A main feature of the discussion was the status of rate hikes and the fight against inflation. In short, Powell’s inflation fight isn’t over. Core CPI, which excludes food and fuel…

‘Calling DC A Swamp Is An Insult To Swamps’ – What Jim Kunstler Learned This Week From Durham & The DoJ Authored by Jim Kunstler via Kunstler.com, “In the wake of the Hunter Biden sweetheart plea deal, calling D.C. a swamp is an insult to swamps and frankly to all wetlands in general. We need…

Crypto Soars As VIX Collapses; Recession Worries Spark Stocks’ Worst Week Since March An odd – holiday-shortened week – with hawkish actions (foreign) and words (domestic) from central bankers; weak macro data globally (US hard data outperformed but ‘soft’ survey data is completely decoupled); the yield curve collapsed, screaming recession; gold dumping as bitcoin soars;…

Millennials Lead The Way On The Great Migration From California To Texas Authored by Mike Shedlock via MishTalk.com, Movers seek to reap the benefits of a friendlier housing market in Texas. California to Texas Migration Intensifies This data is a little stale. I suspect the trend may be greater now. StorageCafe reports California to Texas Migration Intensifies…

VIX Crushed As Curve & Commodities Scream Recession; Banks Skid, Big-Tech Bid Solid US housing data was offset by weak Chicago Fed National Activity Index data, poor labor market signals (claims), dismal LEIs, and ugly Kansas City Fed Manufacturing data as a wave for hawkish central bank action prompted an odd assortment of actions across…

Biden Plays Down Dictator Remark As China Fumes, Summons US Ambassador Update(1559ET): Following Yellen’s comments from Paris earlier in the day, President Biden himself tried to explain away his Tuesday night remarks describing Xi Jinping as a “dictator”. He addressed the issue which has infuriated Beijing during his joint press conference with Indian Prime Minister Narendra Modi:…

US Coast Guard Cutter Makes Rare, Provocative Taiwan Strait Transit Authored by Dave DeCamp via AntiWar.com, A US Coast Guard cutter made a rare solo transit through the Taiwan Strait on June 20, which came a day after Secretary of State Antony Blinken concluded his two-day visit to Beijing. The US frequently sends ships through the Taiwan…

“Strange Days” Authored by James Howard Kunstler via Kunstler.com, “Team Brandon has also made the USA utterly toxic to 80% of humanity. Sort of what they accused Trump of doing but they actually did it! LOL. They are the gift that keeps on giving.” – Jacob Dreizin Strange doings at a strange time in a…

‘Hawkish’ FedSpeak Hits Big-Tech; Bitcoin Soars As The Buck Breaks Down Despite Powell’s reiteration of the ‘hawkish pause’ with two more rate-hikes a “pretty good guess” if the economy continues as they expect, rate-hike expectations were barely changed today with the longer-end of the STIRs market pushing higher (still pricing in rate-cuts though).. Source: Bloomberg…