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.
Tag: United States
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.
THIS WEEK IN SURVEILLANCE
Warrantless searches on American citizens by U.S. intelligence agencies have reached epidemic proportions.
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.
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.
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.
U.S. RAMPING UP WAR WITH CHINA
Gerald Celente has long said the business of China is business, and the business of the U.S. is war.
AS FORECAST: U.S. WEAPONIZATION OF FINANCIAL SYSTEM HURTING US, NOT THEM
In March of 2022, we forecast that the U.S. was hastening the demise of the dollar as a world reserve currency by trying to weaponize the financial system against its enemies: “the unprecedented use of the existing modern international financial order crosses a line from which there is no going back…
FAKE NEWS CURATED BY THE DEEP STATE: GOVERNMENT SPIN DOCTORS CONTROL THE NEWS CYCLE
Let’s talk about fake news stories, shall we? There’s the garden variety fake news that is not really “news” so much as it is titillating, tabloid-worthy material peddled by anyone with a Twitter account, a Facebook page and an active imagination.
SPOTLIGHT: BYE, BYE BUCKS—THE DEATH OF THE DOLLAR
As we have greatly detailed over the weeks and as illustrated in this issue of the Trends Journal, it is a new world order. Much of what used to be emerging markets have emerged to large global economies providing products and services that were once dominated by the United States.