It’s really heartbreaking to think that the fate of America is in the hands of two old men, a supposedly free country that is incapable of expressing young leadership.
Trump: “I would encourage Russia to attack
the NATO countries that don’t pay.”
Obviously, one more demented than the other!
The week that is about to begin will see the Supreme Court sweep away all doubts about Trump’s eligibility for the presidency, with an almost unanimous opinion.
Imagine if the judges will let a random state decide for the entire nation, especially a Trump-branded Supreme Court…
Is there even one vote on the Supreme Court to disqualify Trump from the 2024 ballot for committing “insurrection” amid the Jan. 6 Capitol riot? It was hard to mistake the skeptical tenor of almost all of the questions in Trump v. Anderson.
— Wall Street Journal Opinion (@WSJopinion) February 9, 2024
Grandpa Biden has no choice but to manipulate the elections to be re-elected.
Who knows… but don’t worry, it’s a fake study!
New Heartland Institute study based on our polling. Who Really Won The 2020 Election? Measuring the effect of Mail-in Ballot Fraud in the Trump-Biden Race for the White House – https://t.co/GkFyRtAAdG… pic.twitter.com/MQdQ6R9nRJ
— Andrea Mazzalai (@icebergfinanza) February 11, 2024
A new study examining the likely impact that fraudulent mail-in ballots had on the 2020 election concludes that the outcome would “almost certainly” have been different without mail-in voting’s incredible record.
But don’t worry, it’s a fake study, don’t worry.
Debt inflation is largely winning on points, we still leave some faint hope to the poor central bankers, who need more proof.
On Friday, as we predicted, the revision of the inflation data brought no support to the arguments of the demand-pull inflation fanatics.
Suffice it to say that Governor Waller had declared that he would pay special attention to this data, given that last year, in his words, when it seemed that inflation was falling rapidly, while the annual update of seasonal factors erased those hopes.
Probably Waller, he has residence on the moon, comparing 2022 to 2023 is crazy stuff.
The annual review was a stalemate, with core inflation magazine at the end of 2023 unchanged from what was previously reported on an annualized basis.
Obviously, poor governors, they will try to deny this fact too, it is not easy not to guess one thing.
Data on CPI and retail sales are released this week.
The consumer price index is expected to cool further on the back of falling petrol pump prices and moderating food inflation.
Much will depend, as always, on the dynamics of rents.
The CPI index of rents for new tenants has been negative for some time, while renewals remain up by 5 points.
Eventually rent renewals will quickly catch up to the cost of new tenants.
Difficult to continue to renew rentals at higher prices, the tenant has all the advantages in moving.
It’s all so simple, this data is worth over 33% of the entire CPI, but obviously the only inflation there is that of ignorance.
The two standout data points will be January CPI data at 2.30pm on Tuesday and Monthly Retail Sales for Thursday at 2.30pm
The generally downward trajectory of price increases should also be evident in the January data.
In the meantime, the new regional banking crisis and the continuous and massive deterioration of economic conditions in Germany and France remain in the background.
Powell, in the interview we published, obviously said that the problem is limited and that everything is solid.
«This sounds like a problem we’ll be working on for years», Powell said. “He’s a considerable problem», but «does not seem to have the characteristics of the type of difficulties that we have seen in the past, for example, with the global financial crisis».
Get ready for a new crisis, I don’t know when, but it is certain that there will be.
The ECB’s Panetta said the time for a reversal of ECB monetary policy was fast approaching and that they needed to weigh the pros and cons of a “rapid and gradual” rate cut versus a “later and more aggressive” one. which could fuel market volatility, while he added any speculation on the exact timing of monetary policy easing would be a sterile and disrespectful exercise towards the Governing Council.
Obviously anything is possible, but tomorrow a good inflation reading could generate the last inspiration for the markets before a deep correction.
Whoever has ears to hear, let him hear, happy soft landing!
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2024-02-12 13:29:36
#INFLATION #KNOCKOUT #icebergfinance
