Markets / Economy

[Uwe]

What an ugly yield curve:
https://www.bloomberg.com/markets/ra...nment-bonds/us



It's not inverted, but it has a wonky hump in it.

I don't like it.

[Jack@European_Parts]

Time WARP!

[Jack@European_Parts]

I see a crazy video got deleted I woke up to while auto-streaming on YouTube last night or this morning early and it was to put in perspective how the "owners" of the world will get you to believe in a new trend, further twisting or using climate change & to take your money and another way they seem to be acclimating people into a Fed being shrunk to only allow banks to lend what they have & cause a run on the banks?

Is it just me or do you see this trend in markets, but while I believe in being fiscally responsible and being respectful of the environment too, people must realize it will be a new bubble & agenda to be exploited in order to profit & not necessarily to protect the environment & it will be used to get people to do things in order too behave badly & so they can punish you more?

I think that this type of stuff will indeed effect Markets and the Economy as a whole......


Now this got my attention today......

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Stamps.com Inc.

https://finance.yahoo.com/news/share...154943372.html

https://finance.yahoo.com/quote/STMP?p=STMP

https://finance.yahoo.com/news/stamp...162626449.html


87.21-110.87 (-55.97%)As of 11:32AM EST. Market open.

[Jack@European_Parts]

https://finance.yahoo.com/video/feds-jerome-powell-rejects-ocasio-215946044.html

Fed's Jerome Powell rejects Ocasio-Cortez’s floated theory about government debt

[Uwe]

https://finance.yahoo.com/video/feds-jerome-powell-rejects-ocasio-215946044.html

Fed's Jerome Powell rejects Ocasio-Cortez’s floated theory about government debt

Federal Reserve Chairman Jerome Powell says the concept of modern monetary theory is “just wrong.”

It depends what you intend to accomplish. If you'd like to destroy a country's currency, MMT will likely do that even more quickly than the central bank policies of the last ~50 years.

-Uwe-

[Jack@European_Parts]

https://finance.yahoo.com/news/know-...181642370.html

Ocasio-Cortez sponsors bill to tax stock trades

[Jack@European_Parts]

Fed: Q4 sees largest drop in household net worth since financial crisis

https://finance.yahoo.com/video/fed-...191207107.html

[Uwe]

Fed: Q4 sees largest drop in household net worth since financial crisis

"Household Net Worth" presumably includes people's 401ks and IRAs, right?

If so, it's no surprise that household net worth dropped by a few percent, given the turmoil in the equities markets in Q4.

-Uwe-

[Jack@European_Parts]

Economy is doing fantastic.....
https://www.foxbusiness.com/retail/f...stores-closing

https://www.grbj.com/articles/92855-...closing-stores

https://www.google.com/url?sa=i&sour...52186154552695

[Uwe]

Economy is doing fantastic.....
https://www.foxbusiness.com/retail/f...stores-closing

https://www.grbj.com/articles/92855-...closing-stores

https://www.google.com/url?sa=i&sour...52186154552695

Traditional retail strikes me as akin to the buggy whip industry 100 years ago. I can't remember the last time either my wife or I went to a mall. That doesn't mean we don't buy things; we do, but we do so differently than we did 10+ years ago.

-Uwe-