JP Morgan CEO Jaime Dimon acknowledged that the stock market is rising only because the Fed is using taxpayer dollars to save large companies. He said, “The Fed’s liquidity, bringing out the bazooka, is propping up stock prices (as well as all other asset classes).” That may sound like a good idea, but these bailouts are rewarding bad behavior by banks and their favored businesses, and it is creating massive debt that will destroy the nation.
JPMorgan CEO Jamie Dimon told the Deutsche Bank Global Financial Services Conference attendees (virtually) that he sees a “good chance” of a fairly rapid economic recovery and is hoping things pick up in 3Q after what will be weak GDP this quarter.
“I give it some pretty good odds,” Dimon said. “The government has been very responsive, the Federal Reserve has been very responsive. Large companies have a huge wherewithal, hopefully we’ll keep the small ones alive long enough that most of them get back into business.”
While the all-seeing CEO warned that JPMorgan is “prepared for a scenario where recovery is slower,” Dimon implicitly pointed out that for now there’s nothing to fear but fear itself because “The Fed’s liquidity, bringing out the bazooka, is propping up stock prices (as well as all other asset classes).”
Dr. Hyman said that for every 10% of calories consumed from ultra-processed food, the risk of death goes up by 14%. The American diet is 60% ultra-processed food, and for children it is 67%. Eleven million die globally from bad food.
Video shows Fauci admitting “I got my second vaccine yesterday, and I feel like sh*t today!” In another segment, a DC resident told Fauci that he didn’t trust the jab or the hurried science that went into creating it. The man continued and said the COVID vaccine campaign was about attacking people using fear.
has used hormones and has received sex-change surgeries, and now shows signs of regret. Instead of receiving treatment for mental health issues, children are being encouraged to change gender by taking hormones and undergoing major surgeries that can alter their bodies irreversibly.
A prior injunction blocked the mandate in January 2022, only a few months after Biden issued the order, but nearly 98% of covered employees had already been vaccinated. Opponents of the policy said it was an encroachment on federal workers’ lives that neither the Constitution nor federal statutes authorize.
Since the CDC started collecting the data autism has skyrocketed from 1 in 150 in 2000, to today’s estimate of 1 in 36 children. The report failed to address the causes of autism, but claimed the rising rate was due to increased testing.
California produces half of America’s agriculture that includes fruits, vegetables and nuts, in addition to dairy products, cattle and rice. Almost half of California’s agricultural products are exported to other countries. We await the impact on food supplies.
DeSouza said that the cabal of money lenders from “banking bloodlines” has dominion over the UAPs and is building a campaign of fear. He said that the next step is for UAPs to start shooting down commercial airliners and military jets. A ‘Fake Alien Invasion’ will be a psy-op. But the destruction will be real.
Biden released a proposed budget for fiscal year 2024 totaling $6.9 trillion that included over $4.7 trillion in new tax increases, including a 20% hike in the capital gains tax rate and a 7.6% increase in the top income tax rate.
The Arizona Supreme Court ruled that Kari Lake will be allowed to expose the Signature Verification security system on mail-in ballots. Lake said that Adrian Fontes, the current AZ Secretary of State, who was the Maricopa County Recorder during the contested 2020 election, is a Mexican drug cartel attorney and a fraud.
Pilot Josh Yoder reported that as many as 80% of pilots have taken COVID jabs, as many airlines mandated it. He said it is no longer safe to fly as there have been many incidents of pilots becoming incapacitated, but there is a massive coverup underway.
Shocking video shows soldiers in Ukraine kidnap and forcibly conscript men in broad daylight to fight in the the losing war against Russia. Over 100,000 Ukrainians are dead, but US warmongers in power push for more war in the proxy battle against Russia.
Approximately 15% of Americans who took a COVID-19 vaccine have some new medical illness and regret the shot. Nattokinase, a cheese-like food made from fermented soybeans, is being considered as a treatment for spike proteins from COVID vaccines.
The French government raised the retirement age from 62 to 64. The retirement reform bill was approved without going through a vote in the lower house – where President Macron’s party does not have a majority. Invoking Article 49.3 in the French Constitution allows for the creation of a dictatorship.
Zero Emissions Livestock Project (ZELP) makes its money by leasing the smart masks out to farmers and by selling carbon offset credits. A critic noted that the cow smart mask can lead to normalizing “smart” facewear for both animals and humans.
The left hopes to take out Trump using the justice system, but if Trump is indicted, it will demolish the justice system. What happens when the Department of Justice decides that its goal is not justice, but protecting the ruling class at all costs?
Consumers’ Research said, “This veto by President Biden goes directly against the interests of the American people and once again creates an illegitimate loophole for companies like BlackRock, State Street and Vanguard to exploit to put politics over profits with American pension dollars.”
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Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
In principle, everything being done now has been done before but on a smaller scale. The limitless scope of the new program is new, but the Fed remains in complete control at every step – including control over Congress and the White House. As usual, this latest maneuver is of the banks, by the banks, and for the banks.
The Federal Reserve boosted interest rates by 0.75 percentage points. The average 30-year mortgage stood at 5.23%. Higher interest rates have raised payments on medium-priced homes by over $600 a month. Average credit card interest rates have topped 20%. The Federal Reserve intends to raise rates again in July.
FedNow is an instant payment processing system that seeks to be the base of all digital transactions. Centralized payment systems that monitor and record payments have been shown to be a gateway to a Central Bank Digital Currency (CBDC) digital dollar.
Can you please give use an analysis of what to do with our stocks? A poor populace bodes ill for this country. I’m unsure what to do.