In the wee hours of this morning Zero Hedge posted up the following story: German Retailers To Increase Food Prices By 20-50% On Monday Some […]
Tag: ECONOMICS
Saudi Aramco Raises Oil Prices to Record Levels
Good thing those guys are our “ally” and they listen to Senile Joe, right gang? From Reuters: Saudi Arabia raises May Arab Light crude prices […]
That didn’t take long: Less than 48 hours after the Gas was Shut Off, Latvia Agrees to pay in Rubles
The first article from early Sunday morning from Europe was obvious: Baltic nations first in Europe to cut Russian oil imports, but concerns remain From […]
04.02.22 Russia Cuts off Gas Shipments to Germany
This story is presented with one caveat as the only news source is the UK Express at this time: ‘Hostile environment!’ Germany left scrambling as […]
Two Charts Says the US Economy is Doomed
And I don’t mean just 2008 doomer radio doomed like I used to broadcast via shortwave radio. I think this time we are doomed like […]
The Undeclared War on Gold and Oil
One might just ask a very logical question: Who and how does one declare war on inanimate objects? If it means the end of Western […]
Ignore This Economic Marker at Your Own Risk
This is what is known as a major macroeconomic data point which will have major repercussions by end of 2022: With the 3’s, 5’s, 7’s, […]
Last Week in Equities: Just like the Oscars, a Bad Remake
Last night the Academy Awards were held in the land of fruits and nuts and when all is said and done nobody will care because […]
03.21.22 00:45 UTC: Evergrande Suspends Share Trading in Hong Kong
Gee, this will end well. No problemo. It will track DOGE and rally to 17 cents in no time at all. Or not. All is […]
Market Deterioration is Accelerating
If you thought Thursday and Friday of last week were bad days for the market, well, today was much, much worse. Breadth fell apart, volume […]
Hong Kong Hang Seng Market Crashes Below 20,000
Have no fear folks. Russia-Ukraine peace talks will create peace in our time and the world will see the bull market return. Or not. The […]
03.12.22 Russia-Ukraine War: Mariupol Continues to get Pounded
And it the unthinkable is being egged on by complete, total morons who believe the wildly inaccurate assessments of Vladimir Putin from the intel community […]
Russian Financial Retaliation Begins: Starve MFers
Ok, perhaps not that blunt. But in reality, in less than 48 hours since the West essential proclaimed the Great Big Mac Ban on Moscow, […]
03.10.20 Market Action: The Forgettable Classics
Today’s market action summed up in one song: God I’m old. Then again, so are the classics that one wishes to drink out of their […]
About that Stock Market Rally Yesterday: Nothing Like the Classics
Hopium springs eternal. Are you reelin’ in the years, Stowin’ away the time And the reason they are called the classics is because the music, […]