he just parrots Biden but now that Powell has fessed up... the jig is up.
More evidence of a recession in the offing
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he just parrots Biden but now that Powell has fessed up... the jig is up.
cancel2 2022
Canceled
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'Big Short' investor Michael Burry warned the biggest market bubble in history would end with the 'mother of all crashes.' He just hinted the collapse is now underway.
Michael Burry sounded the alarm on the "greatest speculative bubble of all time in all things" last summer, and cautioned investors buying into the hype that they were headed for for the "mother of all crashes."
Doomsday is finally here, he hinted in a since-deleted tweet this week.
The fund manager of "The Big Short" fame shared a screenshot of a S&P 500 chart, showing the benchmark stock-market index has tumbled 18% from its December peak, despite several blistering rallies this year.
"And yet I keep getting asked 'wen crash?'" he tweeted, poking fun at some of his followers' poor spelling, and underlining his view that the market collapse is underway.
https://markets.businessinsider.com...-stock-market-bubble-crash-twitter-spx-2022-9
'Big Short' investor Michael Burry warned the biggest market bubble in history would end with the 'mother of all crashes.' He just hinted the collapse is now underway.
Michael Burry sounded the alarm on the "greatest speculative bubble of all time in all things" last summer, and cautioned investors buying into the hype that they were headed for for the "mother of all crashes."
Doomsday is finally here, he hinted in a since-deleted tweet this week.
The fund manager of "The Big Short" fame shared a screenshot of a S&P 500 chart, showing the benchmark stock-market index has tumbled 18% from its December peak, despite several blistering rallies this year.
"And yet I keep getting asked 'wen crash?'" he tweeted, poking fun at some of his followers' poor spelling, and underlining his view that the market collapse is underway.
https://markets.businessinsider.com...-stock-market-bubble-crash-twitter-spx-2022-9
Another Reichwinger thread that did not age well. Can someone please take out this trash?
Pace of hiring slowed in August but the job market is still strong
Dow jumps 300 points Friday after a solid August jobs report, cutting losses for the week
August Jobs Report Shows U.S. Added 315,000 Jobs
Another Reichwinger thread that did not age well. Can someone please take out this trash?
Pace of hiring slowed in August but the job market is still strong
Dow jumps 300 points Friday after a solid August jobs report, cutting losses for the week
August Jobs Report Shows U.S. Added 315,000 Jobs
note that this is a lagging indicator. Leading indicators show we are trending to negative jobs in 3-6 months.
Sure.
cancel2 2022
Canceled
Another Reichwinger thread that did not age well. Can someone please take out this trash?
Pace of hiring slowed in August but the job market is still strong
Dow jumps 300 points Friday after a solid August jobs report, cutting losses for the week
August Jobs Report Shows U.S. Added 315,000 Jobs
Saved!
cancel2 2022
Canceled
Sadly it's baked in with Madwitch.
Guno צְבִי
We fight, We win, Am Yisrael Chai
The pimper of his thai whore has nothing to do with America or our elections
cancel2 2022
Canceled
Attachments
Noking
Fight authoritarianism support Noking
He is the Lord of Cretins
cancel2 2022
Canceled
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Why shouldn’t it be as bad as the 1970s? Historian Niall Ferguson has a warning for investors
KEY POINTS
• Historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse.
• Speaking to CNBC at the Ambrosetti Forum in Italy, Ferguson said that the catalyst required to spark a repeat of the 70s — namely inflation and international conflict — had already occurred.
• “The ingredients of the 1970s are already in place,” Ferguson, Milbank Family Senior Fellow at the Hoover Institution, Stanford University, told CNBC’s Steve Sedgwick.
Historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse.
Speaking to CNBC at the Ambrosetti Forum in Italy, Ferguson said the catalyst events had already occurred to spark a repeat of the 70s, a period characterized by financial shocks, political clashes and civil unrest. Yet this time, the severity of those shocks was likely to be greater and more sustained.
“The ingredients of the 1970s are already in place,” Ferguson, Milbank Family Senior Fellow at the Hoover Institution, Stanford University, told CNBC’s Steve Sedgwick.
“The monetary and fiscal policy mistakes of last year, which set this inflation off, are very alike to the 60s,” he said, likening recent price hikes to the 1970′s doggedly high inflation.
“And, as in 1973, you get a war,” he continued, referring to the 1973 Arab-Israeli War — also known as the Yom Kippur War — between Israel and a coalition of Arab states led by Egypt and Syria.
As with Russia’s current war in Ukraine, the 1973 Arab-Israeli War led to international involvement from then-superpowers the Soviet Union and the U.S., sparking a wider energy crisis. Only that time, the conflict lasted just 20 days. Russia’s unprovoked invasion of Ukraine has now entered into its sixth month, suggesting that any repercussions for energy markets could be far worse.
“This war is lasting much longer than the 1973 war, so the energy shock it is causing is actually going to be more sustained,” said Ferguson.
https://www.cnbc.com/2022/09/02/197...all-ferguson-has-a-warning-for-investors.html
Why shouldn’t it be as bad as the 1970s? Historian Niall Ferguson has a warning for investors
KEY POINTS
• Historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse.
• Speaking to CNBC at the Ambrosetti Forum in Italy, Ferguson said that the catalyst required to spark a repeat of the 70s — namely inflation and international conflict — had already occurred.
• “The ingredients of the 1970s are already in place,” Ferguson, Milbank Family Senior Fellow at the Hoover Institution, Stanford University, told CNBC’s Steve Sedgwick.
Historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse.
Speaking to CNBC at the Ambrosetti Forum in Italy, Ferguson said the catalyst events had already occurred to spark a repeat of the 70s, a period characterized by financial shocks, political clashes and civil unrest. Yet this time, the severity of those shocks was likely to be greater and more sustained.
“The ingredients of the 1970s are already in place,” Ferguson, Milbank Family Senior Fellow at the Hoover Institution, Stanford University, told CNBC’s Steve Sedgwick.
“The monetary and fiscal policy mistakes of last year, which set this inflation off, are very alike to the 60s,” he said, likening recent price hikes to the 1970′s doggedly high inflation.
“And, as in 1973, you get a war,” he continued, referring to the 1973 Arab-Israeli War — also known as the Yom Kippur War — between Israel and a coalition of Arab states led by Egypt and Syria.
As with Russia’s current war in Ukraine, the 1973 Arab-Israeli War led to international involvement from then-superpowers the Soviet Union and the U.S., sparking a wider energy crisis. Only that time, the conflict lasted just 20 days. Russia’s unprovoked invasion of Ukraine has now entered into its sixth month, suggesting that any repercussions for energy markets could be far worse.
“This war is lasting much longer than the 1973 war, so the energy shock it is causing is actually going to be more sustained,” said Ferguson.
https://www.cnbc.com/2022/09/02/197...all-ferguson-has-a-warning-for-investors.html