US Bank Deposits Fell Ahead Of Stress Tests; Fed Bailout Facility Stuck At Massive $107BN
US Bank Deposits Fell Ahead Of Stress Tests; Fed Bailout Facility Stuck At Massive $107BN Heading into the bank stress tests, money-market fund total assets rose by a de minimus $5BN while seasonally-adjusted bank deposits fell $18BN to $17.594 TN… Source: Bloomberg And, on a non-seasonally-adjusted basis, deposits also fell (for the second straight week) […]
Who Turned Off The Gaslight?
Who Turned Off The Gaslight? Authored by James Howard Kunstler via Kunstler.com, “Things were bad, and they knew things were bad, and they knew others must also know things were bad, and yet they would need to pretend, outwardly, that things were fine. The president was fine. The election would be fine.” – Olivia Nuzzi, […]
Bullion & Big-Tech Soar, Treasury Yields Tumble Amid US Macro-Meltdown
Bullion & Big-Tech Soar, Treasury Yields Tumble Amid US Macro-Meltdown A wild (holiday-shortened and illiquid) week of dismal macro data and dramatic market divergences. It was 100% – a bad news week…’hard landing’ much? Source: Bloomberg …with ‘hard’ data hammered and ‘soft’ data’s rebound ended… Source: Bloomberg …which means ‘good news’ for rate-cut expectations (which […]
Phoenix Police Pull-Over Driverless Waymo For ‘Freaking Out’ & Driving Into Oncoming Traffic
Phoenix Police Pull-Over Driverless Waymo For ‘Freaking Out’ & Driving Into Oncoming Traffic Phoenix Police bodycam footage, published online by AZCentral, captures the moment when an officer pulls over a Waymo autonomous Jaguar I-Pace SUV that had recklessly veered into oncoming traffic on a busy Phoenix street. AZCentral said the incident occurred on June 19. Phoenix police […]
Was Tesla’s Cybertruck The Best-Selling US EV Pickup In Q2?
Was Tesla’s Cybertruck The Best-Selling US EV Pickup In Q2? Tesla surprised investors last week with better-than-expected deliveries for the second quarter despite a global electric vehicle market downturn. New estimates from Fed Lambert, the editor-in-chief and main writer at Electrek, speculates that after parsing through the delivery report, “Tesla Cybertruck might have become the best-selling electric […]
McDonald’s Sues Homeless Man For Alleged Customer Attack In Los Angeles
McDonald’s Sues Homeless Man For Alleged Customer Attack In Los Angeles Via City News Service, McDonald’s Corp. has filed a cross-complaint against an unidentified homeless man who allegedly attacked a customer at one of its stores near Los Angeles General Medical Center in 2023, asking that the assailant and other possible defendants compensate the fast-food […]
Head Of Chase Bank Warns Customers: Era Of Free Checking Is Likely Over
Head Of Chase Bank Warns Customers: Era Of Free Checking Is Likely Over The ‘problem-solving’ elites in Washington, DC, who advocate interventionist policies and overregulate the economy into oblivion, often cause unintended consequences. The latest example comes from the head of America’s largest retail bank, which has a warning for its 86 million customers: The […]
The Truth About Central Bank Immorality & the Theft of YOUR PROSPERITY
In this compelling video, Mike Maloney dives into the controversial actions of central banks and their impact on global wealth distribution.
Elderly Tourist Hit With Car, Killed After Being Robbed In Affluent Newport Beach
Elderly Tourist Hit With Car, Killed After Being Robbed In Affluent Newport Beach Crime continues to escalate in California and, in turn, so does the collateral damage that comes with it. And it isn’t just San Francisco, LA or Oakland anymore…the effects are being felt even in places like Newport Beach. This past week an […]
Mexico Asks US Supreme Court To Allow Its $10 Billion Lawsuit Against US Gun Makers
Mexico Asks US Supreme Court To Allow Its $10 Billion Lawsuit Against US Gun Makers Authored by Matthew Vadum via The Epoch Times, Mexico urged the U.S. Supreme Court this week to let its $10 billion lawsuit against U.S. gun manufacturers for allegedly flooding that country with firearms proceed in the lower courts. Although some […]