Friday, November 8, 2024

This Week’s FOMC: What Does Jay Powell Really Care About?

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    by Tom Luongo, Tom Luongo:

    With the markets still firmly convinced the Federal Reserve will hike the Fed Funds Rate by just 25 basis points (0.25%) on Wednesday, I find it fascinating that no less a figure than Mohamed El-Erian, former head of PIMCO, argued for the Fed to stay the course and surprise markets with another 50 basis point move this week.

    I agree with him. Completely.

    I know you’re shocked.

    This article came out on the same day as the latest US GDP figure (Q4 +2.6%), home sales (slowing but not terminal), inventories (down), and jobless claims (uninteresting).  It was followed up with week ending data about consumer spending and the Fed’s favorite inflation indicator, the PCE deflator, coming in cooling as expected, and now just barely below the FFR, 4.4% vs. 4.5%.

    Surprise, Surprise – DOJ Informs Judiciary Chair Jim Jordan they Will Not Comply with Request for Biden Classified Docs, Due to “Ongoing Special Counsel Investigation”

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      from The Conservative Treehouse:

      When Attorney General Merrick Garland made the appointment [2-pg pdf] of Special Counsel Robert Hur (a deep swamp defender), CTH outlined the reasoning: “Essentially it looks like AG Merrick Garland is appointing a special counsel, because (a) he has to deflect political criticism given the issues and the growing scale; and (b) because a special counsel appointment will now throw the bag of “a current investigation” over any efforts from the Republican House of Representatives to investigate the office of the presidency.”

      DISCUSSION WITH PROF. DR. SUCHARIT BHAKDI NEWS FROM THE ROYAL PALACE IN THAILAND.

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        from Banned Youtube Videos:

        TRUTH LIVES on at https://sgtreport.tv/

        MIT Expert on Drug Safety Calls for Immediate Withdrawal of mRNA Vaccines: “Clearly the Most Failing Medical Product in History, Causing Unprecedented Harm”

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          by Will Jones, DailyvSceptic:

          Covid mRNA vaccines are “clearly the most failing medical product in the history of medical products, both in terms of efficacy and safety” and should be withdrawn immediately as they cause “an unprecedented level of harm including the death of young people and children”, a top drug safety expert has said.

          Professor Retsef Levi, an expert in analytics, risk management and health systems at Massachusetts Institute of Technology, released a video this morning where he set out the alarming findings of his investigations and how they have been completely ignored by the Israeli Government. The video was tweeted by leading cardiologist Dr. Aseem Malhotra.

          44-year-old female vegetarian MSNBC host is hospitalized for almost 10 days for heart inflammation, blames everything but the obvious cause

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            by Alex Berenson, Unreported Truths:

            It was because of a cold, people. A COLD! From the Can’t Make It Up Department

            On Saturday, MSNBC weekend host Yasmin Vossoughian took to the cable airwaves (to tell viewers why they hadn’t seen her for a while.

            Like most of you, I was only vaguely aware that MSNBC still existed, so I missed Vossoughian’s triumphant return before hundreds – possibly thousands – of viewers. But it turns out some Unreported Truths readers are MSNBC watchers too (not my mom, okay!).

            ELECTION INTEGRITY & ACTION THROUGH THE PRECINCT STRATEGY – STEVE STERN

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              from THE MEL K SHOW:

              TRUTH LIVES on at https://sgtreport.tv/

              The Communist Democrats’ Purposeful Destruction of America

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                by Military and Intel Experts, America Outloud:

                “The democratic party is a communist party today,” General McInerney declared. “They have switched and become a communist party that accepts open borders, that accepts critical race theory ⏤ when your race determines your performance, and no one has done anything, they’re born with their race, and Martin Luther King had it right, it’s really the judgment of your moral character and your performance.”

                Are the COVID Yarns Slowly Beginning to Unravel?

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                  by Brian C. Joondeph, M.D., American Thinker:

                  It has been three years since COVID-19 entered the scene. It probably emerged in the previous year based on COVID antibodies found in banked blood from the fall of 2019 and a severe non-influenza respiratory illness sweeping through ICUs in the early winter of 2019. In those days it was simply called the Chinese coronavirus, based on the reported origin but we still don’t know that for sure.

                  HEARTBREAKING ER TRAUMAS & “BAIT & SWITCH” EXPOSED

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                    from A_Warrior_Calls:

                    TRUTH LIVES on at https://sgtreport.tv/

                    “One Lie After The Next”: CNN Ratings Hit 9-Year Lows After Reputational Suicide

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                      from ZeroHedge:

                      Establishment mouthpiece CNN – an integral part of both the Russiagate hoax and the Hunter Biden laptop coverup, has dropped to just 444,000 average primetime viewers between January 16 and January 22, according to Nielsen.

                      Of those, just 93,000 were in the all-important 25-54 news demographic.

                      This is the first time since May of 2014 that the network has failed to reach 450,000 viewers, The Wrap reports.

                      Add 4,281 Hedge Fund Clients to What Makes JPMorgan Chase the Riskiest Mega Bank in the U.S.

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                        by Pam Martens and Russ Martens, Wall St On Parade:

                        According to a Yale School of Management study, in 2013 JPMorgan Chase had 1,339 hedge fund clients. As of July of last year, that number had soared to 4,281 according to the annual Convergence Inc. study.

                        While Goldman Sachs and Morgan Stanley topped the total number of hedge fund clients (with 5,150 and 4,964, respectively) JPMorgan Chase ranked number one in terms of hedge fund Assets Under Advisement (AUA). (See Convergence Inc. study linked above.)

                        Episode 2480: The Created Crisis’ Of The Elite Left

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                          from Bannons War Room:

                          TRUTH LIVES on at https://sgtreport.tv/

                          We Just Witnessed An Economic Sign That Hasn’t Happened Since The Peak Of The Great Depression In 1932

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                            by Michael Snyder, The Economic Collapse Blog:

                            Economic conditions are much worse than you are being told.  Throughout the past year, prices have been rising much faster than most of our incomes have.  As a result, our standard of living has been rapidly declining.  It has become increasingly difficult for U.S. households to make it from month to month, and as you will see below, more than a third of all U.S. adults are actually relying on their parents to pay at least some of their bills at this point.  But even more alarming is what has been happening to real disposable income.  According to Fox Business, the most recent GDP report revealed that the decline in real disposable income that we witnessed in 2022 was the largest that has been measured since 1932…