Many states in the U.S. approached rates of 20,000 vaccinations per 100,000 in population this past week. States with the highest levels of vaccination included Virginia, West Virginia, Maine, North and South Dakota, Vermont, Connecticut, Oklahoma, Arkansas, Colorado, Oregon, and Alaska. States with low levels of vaccine takers included Idaho, Missouri, Iowa, Kansas, Mississippi, and...
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U.S. CORPORATE PROFITS FALLING FASTEST SINCE EARLY 2020
Profits among companies listed on the Standard & Poor’s 500 index will report an average 6.8-percent drop in first-quarter earnings compared to the same period last year, data firm FactSet predicted.
GLOBAL DEBT IS BALLOONING AT ITS FASTEST PACE EVER! AND SO WILL SKYROCKETING INFLATION.
By Gregory Mannarino TradersChoice.net How does one do more than “unlimited?” Well, the European Central Bank just did it! And in case you are wondering, as always, the Federal Reserve must follow suit. No two central banks on the planet are more in lockstep than the ECB and the Federal Reserve, these two central banks...
INFLATION ROARS AT FASTEST PACE IN 31 YEARS
October’s U.S. inflation rate sped to 6.2 percent, its fastest since 1990, as prices rose throughout the economy, touching everything from groceries to cars as consumers continued spending without restraint. The Consumer Price Index (CPI) gained 0.9 percent from September. October marked the fifth consecutive month in which inflation grew by at least 5 percent,...
FATTENING UP: FAST FOOD SALES SURGE
McDonald’s sold $5.9 billion worth of fast food in the second quarter, 57 percent more than 2020’s second quarter, the company reported. Sales beat analysts’ forecast of $5.6 billion for the period. Same-store sales for the quarter were 7 percent higher than in 2019’s Q2, with gains in U.S. business leading the increase. Revenue increased...
REOPENINGS SLOW, CLOSINGS FAST
Most businesses closed by government mandate remained so by mid-June, according to Yelp, the online review site. About 140,000 businesses listed on Yelp that were closed on 1 March still are, the company said, compared to 175,000 that were shut on 1 April. According to Yelp, some 41 percent of businesses still closed have reported...
High Risk, Fast Moving Market Madness. This is the Future.
If you only follow the mainstream business news, you believe that every significant upward or downward move in equity markets was a direct cause and effect of a “breaking news” event that day. For example, when the Dow went haywire Tuesday falling more than 350 points after being up 250 points, CNBC blamed it on...
Empire America is fading fast
“Empire America Fading Fast.” I wrote that forecast for the Trends Journal in 2002. It almost cost me my career and nearly killed the Journal. After publication of that autumn issue, I was blackballed by the broadcast and print media that had once regularly featured me, my subscription base collapsed and I was persona non...
Empire America is fading fast
“Empire America Fading Fast.” I wrote that forecast for the Trends Journal in 2002. It almost cost me my career and nearly killed the Journal. After publication of that autumn issue, I was blackballed by the broadcast and print media that had once regularly featured me, my subscription base collapsed and I was persona non...
COVID WAR CONTINUES: MRNA SHOTS FOR CHILDREN AND TRAVELERS, AND A NEW DATING APP FOR THE UNVACCINATED
Are the U.S. and EU looking for the right moment to mandate mRNA “vaccinations” into the childhood vaccination schedule?