alright Libs i fully respect the gaslighting and trolling. You voted for this shit so hope you all end up under a bridge sucking "woman" cock for your next fix
Karine Jean-Pierre: "When we look at how strong the economy is, it's because of the president's work"
Karine Jean-Pierre: "When we look at how strong the economy is, it's because of the president's work"
very impressed that the Biden Administration was able to kill America's energy dominance in just two years
ARAMCO JV HAPCO TO COMMENCE CONSTRUCTION OF MAJOR REFINERY AND PETROCHEMICAL COMPLEX IN CHINA - CONSTRUCTION IS DUE TO START IN Q2 OF 2023
ARAMCO TO SUPPLY UP TO 210,000 BARRELS PER DAY OF CRUDE OIL
ARAMCO JV HAPCO TO COMMENCE CONSTRUCTION OF MAJOR REFINERY AND PETROCHEMICAL COMPLEX IN CHINA - CONSTRUCTION IS DUE TO START IN Q2 OF 2023
ARAMCO TO SUPPLY UP TO 210,000 BARRELS PER DAY OF CRUDE OIL
a mutual fund portfolio manager with a podcast (lead lag report) is predicting stocks, especially nasdaq, to lose all their 2023 gains and then some. historically april in the year before an election always goes up but he is warning of a massive sell-off due to the pricing relationship between gold and lumber. He claims to have accurately predicted crashes and corrections in 00, 08, 11, 18, and 20 using the gold/lumber ratio
Lumber futures have dropped from $1464 last March to just $375 which indicates that the housing market is ready to collapse. New housing builds have certainly slowed, which brings down lumber prices, but the real estate market hasn't blown up like many predicted. Could happen in April...?
one thing's for certain. If it does blow up Biden and his gay black lesbian press secretary will tell us the only thing wrong with the economy is the people saying there's something wrong with the economy
but i've rarely seen sentiment indicators prove true so take this warning with extreme skepticism
Lumber futures have dropped from $1464 last March to just $375 which indicates that the housing market is ready to collapse. New housing builds have certainly slowed, which brings down lumber prices, but the real estate market hasn't blown up like many predicted. Could happen in April...?
one thing's for certain. If it does blow up Biden and his gay black lesbian press secretary will tell us the only thing wrong with the economy is the people saying there's something wrong with the economy
but i've rarely seen sentiment indicators prove true so take this warning with extreme skepticism
ha ha, the Uniparty thinks they can threaten the world 
...silly and btw the BRICS summit isn't until August so there won't be some weird BRICS currency created overnight.
Karine Jean-Pierre: “We are deeply concerned about the transition of Brazil and China to national currencies when conducting mutual settlements. This is a violation of the rights of our citizens who rely on a stable dollar exchange rate on the world market . America will not allow other countries to dictate their terms to it in mutual trade. We want to warn that the violation of the rights of ordinary Americans will not remain without consequences for these countries."
...silly and btw the BRICS summit isn't until August so there won't be some weird BRICS currency created overnight. Karine Jean-Pierre: “We are deeply concerned about the transition of Brazil and China to national currencies when conducting mutual settlements. This is a violation of the rights of our citizens who rely on a stable dollar exchange rate on the world market . America will not allow other countries to dictate their terms to it in mutual trade. We want to warn that the violation of the rights of ordinary Americans will not remain without consequences for these countries."
interesting action being taken by Blackstone as they are not allowing investors to pull their money out of the Blackstone REIT for the FIFTH month in a row. They are allowing only $666 Million (yes, that is the real number) out of $4.5B requested to be withdrawn.
"Our structures are meant so that we are never forced to sell assets,” Blackstone’s global head of private wealth solutions Joan Solotar said.
Shareholders asked to redeem $4.5 billion last month from Blackstone Real Estate Income Trust “in a month of tremendous market volatility and broad-based financial stress,” the company said Monday in a letter. BREIT allowed about $666 million to be withdrawn, or about 15% of what was requested.
"Our structures are meant so that we are never forced to sell assets,” Blackstone’s global head of private wealth solutions Joan Solotar said.
Shareholders asked to redeem $4.5 billion last month from Blackstone Real Estate Income Trust “in a month of tremendous market volatility and broad-based financial stress,” the company said Monday in a letter. BREIT allowed about $666 million to be withdrawn, or about 15% of what was requested.
in other economy news Indeed, the job posting firm, monitors job openings in 47 different industries. For Q1 2023 only 2 of 47 industries had a positive posting growth over Q4 2022. That means almost every sector of the economy has pulled back on hiring
and remember those big tech layoffs (Salesforce, SAP, Apple, Amazon) in the white collar sector in Q1? well those don't hit the unemployment numbers until after severance periods are settled.
Tighten your recession belt because it's coming. And it's not necessarily a bad thing and completely expected after Powell's QT program was initialized. The cheap money QE days are over but the economy will be looking really shitty heading into an election year. Unemployment numbers will increase steadily but inflation will be dropping while interest rates either hold steady or get bumped a quarter point each the next two meetings this quarter.
and remember those big tech layoffs (Salesforce, SAP, Apple, Amazon) in the white collar sector in Q1? well those don't hit the unemployment numbers until after severance periods are settled.
Tighten your recession belt because it's coming. And it's not necessarily a bad thing and completely expected after Powell's QT program was initialized. The cheap money QE days are over but the economy will be looking really shitty heading into an election year. Unemployment numbers will increase steadily but inflation will be dropping while interest rates either hold steady or get bumped a quarter point each the next two meetings this quarter.
