Last month, overall U.S. inflation came in at 4.9 percent. While it is the slowest since April 2021, it is still above the 2 percent Fed target rate. Inflation clocked in at 5 percent in March.
Tag: United States
Post
BUSINESS AS USUAL: SHUTDOWN OR NOT, THE POLICE STATE WILL CONTINUE TO FLOURISH
Once again, the police state is up to its old tricks, stoking tensions over whether or not the government is forced to shut down, even partially, due to a default on the national debt.
Post
THIS WEEK IN SURVEILLANCE
When Joe Biden claimed “White supremacy” was “the most dangerous terrorist threat” facing Americans during his speech at Howard University’s commencement proceedings this past week, he earned widespread scorn for stirring racial division.
Post
ECONOMIC UPDATE – MARKET OVERVIEW
It’s a global economic freak show. Add up the numbers. Take a trip to Argentina. With inflation running at over 100 percent and its peso down 23 percent against the U.S. dollar, Argentina’s central banksters raised its key interest rate yesterday by six percentage points to 97 percent.
Post
ECONOMIC UPDATE—MARKET OVERVIEW
It’s a numbers game. And of course like most games, those dealing the cards can rig the game. Oh what wonderful news last week. With more jobs created than The Street anticipated, equity markets soared on the “news” that despite the Bankster Bandits raising interest rates for the 10th time in a row, nonfarm payrolls increased 253,000 for April.
Post
CELENTE: KENNEDY TO WIN RACE TO WHITE HOUSE
A newly released poll showed clear vulnerabilities for President Joe Biden’s reelection campaign as his job approval numbers hit new lows and more Americans than ever question his mental sharpness.
Post
THIS WEEK IN SURVEILLANCE
Warrantless searches on American citizens by U.S. intelligence agencies have reached epidemic proportions.
Post
ECONOMIC UPDATE – MARKET OVERVIEW
The big news on The Street is that after yesterday’s collapse of First Republic Bank, the second largest bank failure in U.S. history which followed the third largest bank failure in U.S. history when Silicon Valley Bank went bust on 10 March—two days before the fourth largest bank failure in U.S. history when Signature Bank went under—is that Happy Days are Here again... and everything is just fine.
Post
SPOTLIGHT: OFFICE BUILDING BUST
The combination of the remote-work revolution and rising interest rates “could be worse than anything corporate landlords have experienced before,” The New York Times said in a 26 April analysis.
Post
MAJOR ECONOMIES MUST REIN IN BORROWING, IMF SAYS
China, the U.S., U.K., Brazil, Japan, South Africa, and Turkey are likely to increase their national debts by five percentage points of GNP from now through 2028, Vitor Gaspar, policy director of the International Monetary Fund, said last week in comments quoted by the Financial Times.