U.S. household income climbed 10 percent in January from December, the U.S. Commerce Department reported, due in part to federal $600 stimulus checks the federal government sent that month to every adult and $300 in new weekly federal unemployment benefits. The month-to-month gain was the largest since last April when the government sent everyone $1,200...
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UNEMPLOYMENT CLAIMS DROP FOR FIRST TIME IN THREE MONTHS
During the week ended 19 February, new claims for unemployment benefits dropped by 111,000 to 730,000, the lowest number since November 2020 and far below the four-week moving average of 807,750, the U.S. Labor Department reported. The new number is a tenth of the flood of claims at its peak last spring and an encouraging...
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ARCANE BOND MOVE GIVES CLUE ABOUT INFLATION
Bond yields have risen sharply this year; stock-pickers are shifting away from glitzy tech stocks that have gained value during the pandemic and into shares of companies that will be strengthened by a reviving economy, such as airlines and hotels. With another deluge of stimulus money on the way, the markets’ message is clear, analysts...
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PSYCHOHISTORY: SCI-FI LEGEND PREDICTED THE COMING FALL
The battle continues. Call it Globalists vs. Nationalists, Elites vs. Populists, Technocracy vs. Constitutional Liberty. Whatever the terms, familiar players can be seen along each divide. A provocative analysis by Jim Quinn at the Burning Platform blog and featured in Blacklistednews says the war has already been decided. And it was all predicted by the...
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POLITICAL PRISONERS IN THE U.S.A.
The MSM has applauded. But with over 350 Capitol protesters arrested since 6 January and National Guard troops camped out in Washington, D.C. indefinitely, there’s no denying a troubling line has been crossed into making political expression criminal. That effort is quickly ramping up in the new Biden administration. Speaker of the House Nancy Pelosi...
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ANALYST: GAMESTOP COULD LEAD TO WIDER MARKET SWINGS
Some analysts are worried there’s something other than profit motivating moves of so-called “meme stocks.” They’re blaming internet forums, young app traders who don’t share their valuations – or perhaps their values. “The internet has allowed decentralized bands of activists to coordinate their actions in both politics and finance, and it’s difficult to say if...
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LEFT SAYS GAMESTOP BUYING ESPORTS WOULD MAKE THINGS RIGHT
Late last week, a short-seller previously burned by GameStop stock surges had a suggestion that fueled further speculation about the company’s potential future. Prominent investor and noted short-seller Andrew Left of Citron Research, suggested that the brick-and-mortar gaming company should consider buying the Esports Entertainment Group online gambling firm. Stocks of Esports surged on the...
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GAMESTOP REDUX: HERE WE GO AGAIN
A brutal week on Wall Street for tech stocks and others was further upended by new surges in so-called “meme stocks” favored by young app investors. And top of the list, again? GameStop (GME). GameStop led a surge on Wednesday even as the market was generally going south. Shares went up over 100 percent late...
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DEBUNKING THE FLOURIDE MYTH
By Gary Null, PhD and Richard Gale In the 1964 satirical black comedy film Dr. Strangelove, there is the iconic scene where the rogue general Jack D. Ripper, played by Sterling Hayden, tells Peter Sellers’ character, “Ever hear of the fluoridation of water? Do you realize that fluoridation is the most monstrously conceived and dangerous...
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IMMIGRANT CHILDREN CRISIS AT U.S. BORDER
U.S. Customs and Border Protection (CPB) reported a jump in arrests of unaccompanied immigrant children at the southern border. The government is anticipating up to 9,000 could be taken into custody, which could strain the system. The Wall Street Journal reported that arrests at the border are on pace to increase by 50 percent in February when...