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Powell Admits Soft Landing May Be Bumpy – Ep 811

· Americans are spending more, but buying less. · Jeff Bezos calls out Joe Biden. · Businesses are absorbing costs, not gouging prices. · Ben Bernanke is right about Bitcoin. · Brace yourself for an economic crash.

Bitcoin May Luna After All – Ep 809

· Gold and silver remain strong while gold and silver miners continue caving. · Lisa Cook was not the most qualified person for the FOMC. · Neel Kashkari had a Freudian slip. · Companies are imploding and massive layoffs are coming. · Crypto is collapsing.

Black Monday 2: Electric Boogaloo – Ep 808

· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. · Covid shutdowns were just a dress rehearsal for what’s coming next. · Weak hands sold precious metals today.

Fed Hawks Turn Chicken – Ep 806

· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul Volcker, but not for his policies. · New York Times argues for less courage and more cowardice.

GDP & Stocks Down + Inflation Up = Recession – Ep 805

· NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG stocks enter bear market. · Prices increasing faster than wages. · Cathie Wood is the guru of mindless meme stock investing. · Bitcoin HODLers are deer staring into the headlights

Peter's Blog

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Springtime for GameStop

The central idea in the classic Mel Brooks comedy “The Producers” is that unscrupulous Broadway impresarios could succeed fabulously by creating a play so uniquely

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