LBLF #1 The US treasury had a very tepid bond auction this week causing rates to skyrocket after days of flight to safety buying amid the escalation of the conflict in the Middle East. The bond market is missing its biggest buyer: the Fed. When you remove the biggest buyer yields will have to rise …
LBLF
LBLF #1 Hamas attacked Israel by surprise as the world falls further into chaos and conflict. The brutal images of kidnapping, explosions, and civilians being forced to run into the desert for safety are the images we ae consuming this weekend. While we are watching the horrors of war, we try to understand why Hamas …
LBLF #1 Unprofitable companies will soon be going away. Blue Apron goes away LB#2 Cities where these unprofitable companies are located will be going away. The decline of San Francisco LB#3 The crypto story is getting harder to believe JP Morgan turns off crypto in the UK LF#1 AI and other risky stocks are getting …
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 …
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 …