Inflation Might Not Be Transitory… Who da Thunk? with John Rubino – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
Companies are panic-buying as supplies run short
Ag’s latest headache: a shortage of pallets for shipping produce
Chick-fil-A suffers sauce shortage amid industry-wide supply chain issues
Social Media Censorship Slammed After Fauci Admits Possibility Of Wuhan Lab Leak
Tesla Found Guilty Of Throttling Charging Speed And Battery Capacity In Norway
Michigan Gov. Whitmer Comes Clean After Photograph Showed Her Breaking Her Own Rules
CLO’s flying off the shelf. Sub-prime corporate debt repackaged and sold as Triple A debt.
Michele ‘Mish’ Schneider is back… The markets are taking a hit thanks in part to Treasury Secretary Yellen’s comments about rising rates. Crypto has been embraced by the younger generation as an inflation hedge. Now with the rise of Ethereum. Will it displace Bitcoin as the leading the crypto. Dogecoin is an indicator by the younger generation is looking at “defi” to diversify away from centralized financial control. What’s happening now is that people are doing transactions outside the exchange leading to a shortage on the exchanges. Ripple could be a good play too. It’s being used more around the globe. Used cars have are nearly unobtainable.
Dan Pilla, noted tax expert and all-around good guy, is sounding the alarm on the insane tax increase being proposed by the Biden Admin. It will destroy incentives to works and send the US further down the socialist rate hole. No one should be surprised as this is what he ran on. But you can expect that taxes are going to go up not just for the rich, but for the middle class as well. It always works this way because there just aren’t enough rich people to tax. Get ready for rough times ahead.
Gerald Celente is holding a freedom rally in Kingston on Memorial Day. Join him there. It’s time for people to stand up for what they believe in. Beware of vaxx passports. What about declining sperm counts? Gerald says, “Big Pharma is nothing more than a bunch of drug pushers.” He is a man born of freedom and was not put on this planet to take orders from garbage peddlers to serve their whims. He believes that markets will keep going higher in a Biden Bounce. Once interest rates go up, the whole thing implodes. Housing bust coming? Fake inflation numbers. Housing price increases don’t go into CPI. They deliberately hide the true inflation rate so they can have unlimited free money and put a lid on Social Security benefit increases. No real estate crash is coming because individuals are buying up houses to get out of the big cities. Millennials are now buying too. There’s never been anything like this before. The NYC Office vacancy rate is over 14%, a record high. They’re