The Street is patiently waiting for tomorrow’s decision after the Federal Reserve’s two-day meeting and hope for a statement that will help them better guess the central bank’s next move on interest rates.
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CENTRAL BANKS: A RACE TO THE BOTTOM, MASS CURRENCY DEVALUATION
Just this past week, both the European Central Bank and the Canadian Central Bank, which is also known as the Bank of Canada, cut rates. Both the ECB and the CCB, made their move to cut rates following a move by the Swiss National Bank.
TOP TREND 2024: BANKS GO BUST
Moody’s is reviewing the financial health of six regional banks and may downgrade their outlook because of their heavy exposure to commercial real estate loans, the ratings service said last week.
THE COMING BAN ON REALITY
For anyone who believes AI-powered augmented reality and virtual reality existence will merely enhance entertainment and educational experiences, think again.
JERUSALEM DAY GENOCIDE PARADE: KILL ARABS AND KEEP STEALING THEIR LAND
Chanting “Death to Arabs” and “Muhammad is Dead,” a frenzied mob of tens of thousands of far-right Israelis took part in the Jerusalem Day Flag March through the Muslim Quarter of the city to threaten and confront Arabs.
NO PEACE ALLOWED: U.S. SENDS UKRAINE ANOTHER $225 MILLION IN WEAPONS TO KEEP FIGHTING LOSING WAR
The U.S. announced late Friday that it will provide Ukraine with another $255 million weapons transfer from American stockpiles that will restock HIMARS missile launchers and other weaponry already provided.
ECONOMIC UPDATE – MARKET OVERVIEW
The facts are in the numbers. As we had forecast, after being artificially propped up to fight the COVID War with zero interest rates and trillions of dollars of fake money backed by nothing and printed on nothing, following the post-COVID spike, the U.S. economy is slowing down.
GAMBLERS NIGHTMARE: THE “ME TOO” STOCK BOOMLET IS BACK
Seven of the ten U.S.-listed stocks that traded the most shares in May are worth less than $1 per share and none of the seven have turned a profit, Cboe Global Markets reported.
TOP TREND 2023, OFFICE BUILDING BUST: PENSION FUNDS STUNG BY OFFICE BUILDING BUST
Government pension funds are hemorrhaging money as the office buildings they invested in are crashing in value.
AI CONSCIOUSNESS: SYNTHETIC DEVIL-LUTION?
To hear longtime legends of AI development like Ray Kurzweil, Ben Geortzel and Geoff Hinton tell it, we can’t know how the AI story will end.