LB#1 UK starts rolling back green agenda deadlines The US bailout of wind has started already LB#2 In a first, India buys oil with rupees India buys oil from UAE with Rupees LB#3 The average price to buy a home is 62% higher than renting, the highest since 2000. Renting a home is FAR cheaper …
LBLF
LB#1 The Governor of New Mexico wants to take away guns. The people disagreed. New Mexico governor takes away guns New Mexico is going to have trouble taking the guns LB#2 Joe Biden announced at the G20 that he is helping build a road from India to Europe. No plans on how this road would …
LB#1 Biden cancels oil leases LB#2 Gas prices rising again LB#3 Morrocco earthquake kills over 8000 people and counting LF#1 Regional banks are still at risk LF#2 Wind Power isn’t working out in the US Wind Farms being shut down in the UK LF#3 Utilities are getting hammered
LB#1 Let’s go to Tyler Durden over at Zero Hedge where we see that the labor market data is being revised down at historic rates. “ continues the recent trend of every single data point in the Biden administration being revised sharply lower in subsequent month(s), in a coordinated propaganda attempt to make the economy look stronger, …
LB#1 The Brics expand, but the currency wasn’t announced. Brics expand Brics Summit LB#2 Ugh Oh headless taxis are off to a bad start Oops again LB#3 We got flagged… by Youtube, owned by Google, and Google owns the driver less cars we pointed out. I assume but maybe it was for saying Montana kids …
LB#1 A new voice is taking the music scene by storm and he is angry at the government. The media is confused about why. Rich Men North of Richmond LB#2 New porta potties launch in San Francisco and cause traffic jams. Self creating traffic jams Auto taxis are in San Francisco LB#3 Argentina voted for …
LB#1 Inflation isn’t dead just yet. Wholesale inflation rises high than expected LB#2 Early Tuesday morning wildfires in Lahaina Maui have killed over 80 people as many as 1,500 people still missing. 70 mph winds burned through the small town and residents had to jump into the ocean to avoid the quick moving brush fire …
Welcome Back to LBLF for week of Aug 6. Austerity has been pulled back into the business world and we wish her well, but we will miss her. Without further delay let’s Look Backwards at the items that caught my eye over the last week. Ratings Agency Fitch has downgraded the Us Credit rating from …
This week at CTPC, we looked at Teamsters’ inability to make pension payments. We also followed Barbenheimer, Messi’s Inter Miami debut, FED raising another 25 bps, coup d’etat in Niger, and the US stock market. Looking Backwards Yellow blames Teamsters for its inability to make pension payments Barbenheimer Lionel Messi scores free-kick winner in Inter …
This week’s Looking Backwards Looking Forwards show is discussing, among other things, whether the American consumer will remain resilient. Looking Backwards NY Fed report finds Americans increasingly facing borrowing headwinds Carvana stock is up 1000% this year, leaving short sellers with a $2 billion loss White House cocaine: US Secret Service ends investigation Looking Forwards …