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our mission: to widen the scope of financial, economic and political information available to the professional investing public. to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become. to liberate oppressed knowledge. to provide analysis uninhibited by political constraint. to facilitate information's unending quest for freedom.

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China Blasts US Military Interventions In ‘Counter’ Human Rights Report

Authored by Dave DeCamp via AntiWar.com,In the face of constant attacks by US officials over alleged human rights abuses, China released a report on Friday that blasts the US for its many military interventions that have created humanitarian disasters.The report, titled "Severe Humanitarian Disasters Caused by US Aggressive Wars against Foreign Countries," was released by the China Society for Human Rights Studies (CSHRS), which falls under China’s State Council Information Office.Demolished...

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Manhattan Bargain Hunters Scoop Up Apartments In Discount Frenzy

For the last several months, bargain hunters have been rushing to sign leases in Manhattan as swelling apartment inventory has pressured prices. Landlords are more desperate than ever to attract new tenants, offering record concessions to fill vacant apartments. Appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate released a new report Thursday indicating apartment contracts for March soared 89% over the same period last year to 4,986. Record discounts and cheap rents, along...

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Goldman:”Don’t Fight The Fed” – The Fed Wants Higher Inflation, And It Will Get It

Summarizing investor sentiment in his Weekly Kickstart note, Goldman's David Kostin writes that three macro issues dominated investor discussions about the US equity market since the start of the year: rates, inflation, and taxes. Not surprisingly, interest rates have been the most important of these topics. In a rising interest rate environment, short duration outperforms long duration in both fixed income and equities and sure enough, of all Goldman thematic baskets, duration has been the...

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40% Of Marines Refuse COVID-19 Vaccine

Just under 40 percent of US Marines are refusing to take the COVID-19 vaccine, according to data obtained by CNN.According to the report, 38.9% of Marines - with an average age of 25, putting them at roughly 0.18% risk of death, are refusing to take the jab - which doesn't prevent one from getting COVID-19, falling ill, or transmitting it. Who could have guessed that extraordinarily fit people with a minimal chance of death don't want to inject the most rushed vaccine in history."The Navy and...

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Biden’s Latest Scheme To Fix Border Crisis: Paying Would-Be Illegals To Stay Home

Authored by Monica Showalter via AmericanThinker.com,As the border crisis gets bigger and bigger, the Biden administration is running out of ideas. Latest weather balloon to be floated around is the possibility of U.S. taxpayer checks to pay would-be illegals in Central America to stay home.According to a report from Reuters:WASHINGTON (Reuters) -The United States is considering a conditional cash transfer program to help address economic woes that lead migrants from certain Central American...

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“Nuclear Terrorism”: Iran Confirms “Sabotage” After Natanz Atomic Site Blackout, Vows Retaliation

We detailed earlier on Sunday that what appears to have been a cyberattack has disabled the power grid of the Natanz uranium enrichment facility. Naturally all eyes are on Israel as a likely culprit, which Israeli media itself has been at the forefront of speculating and asserting.Providing some confirmation that it wasn't just "an accident" as was initially suggested, Iran's top atomic official has followed by blaming an act of "nuclear terrorism" in statements later in the day.Chief of the...

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The Number Of Billionaires In America Has Absolutely Exploded During The Pandemic

Authored by Michael Snyder via TheMostImportantNews.com,For the wealthy and the ultra-wealthy, happy days are here again.  Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic.  That seems rather odd, but there is no denying that the rich have gotten even richer during this crisis. In fact, Forbes revealed this week that the number of billionaires has risen by about 30 percent over...

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“Far Left Antifa Extremists” Set Fire To Portland ICE Building 

In Portland, Oregon, rioters set fire to a U.S. Immigration and Customs Enforcement building late Saturday night. "The Portland ICE facility is currently on fire," journalist Grace Morgan tweeted, accompanied by a video showing the front entrance of the building in flames. The Portland ICE facility is currently on fire #PortlandProtests pic.twitter.com/4IrGp4UioR — Grace Morgan (@gravemorgan) April 11, 2021Morgan said about "100 black bloc demonstrators" gathered in front of the ICE building...

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Excess Liquidity In The Eurozone Has Doubled To €4 Trillion In One Year: What Are The Costs

By Soniya Sadeesh, credit strategist at Deutsche BankExcess liquidity in the Eurozone breached €4TN this week, having been around €2TN a year ago. It will continue to grow, albeit at a slower pace going forward, as purchase programmes are ongoing (assuming a tapering of PEPP) and with much less of a contribution expected from TLTROs.Today's chart considers the cost of this liquidity to the banking system in aggregate. A simple metric considers the liquidity charged at deposit rate versus the...

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China Passenger Vehicle Sales Scorch Higher By 69% In Q1

Auto sales in China have scorched back past pre-pandemic levels, with passenger vehicle sales increasing 69% year over year to 5.09 million from January to March 2021. The China Passenger Car Association released numbers on Friday, indicating that sales are back to levels they were at two years ago, despite still being far below the country's record set in March 2018. The demand for electric vehicles was "red hot", according to The Wall Street Journal. The country sold 437,000 electric...

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