Ok, so as of late I am being called an anti-Semite, a Trump worshiper, a Trump hater, a Biden lover, a Biden hater, a perma-bull, a perma-bear, a doomer, and even a homosexual (which I am not). Personally I really don't care what I am being called, I think its just hilarious.
Lions and friends…
I want to bring this to your attention.
I have been catching a HUGE amount of flak as of late, and this tells me ONE THING…
I AM DIRECTLY OVER THE TARGET. GM
Lions and friends. I just got back!
Here is a nice shot of me coming off the line tonight at Bradenton Motorsports Park Dragway. Ran a 10.79 ET Front wheels way off the ground!
If Trump is not "selected" as President, and Biden (creature) gets another term. Do you NOT believe that this country will be a "bloodbath" on multiple levels? I believe that there will be MASS social unrest. I also believe that the stock market could be a total "bloodbath."
Lions and friends... here is some breaking news for you. 12/21/23. Factory activity falls, LITERALLY through the floor, continuing its downward spiral, and economic activity was revised lower, (you cannot possibly imagine my shock!) I MISS YOU GUYS AND GALS ALREADY! GM
I like to read thru the comments on my YouTube blog… Well its like the doors of the nut house sprung open and throngs of lunatics have just gone wild!
Here I am, NET LONG THIS MARKET with a large position in JEPI.
I short ONE THING! And people lose their minds.
Make this up.
Its Friday! I just wanted to leave you all with what I always do every Friday. My dear Friends and Lions! Please remember to love each other, care about each other, and be charitable! And I will see you on Wednesday. Greg.
Here comes another $24 Billion, on top of the already $90 Billion, than Biden has given to Zelensky courtesy of the American people... with many more Billions to go. Tell me again where all this cash is coming from for fund this war?
So here we are again facing yet another government shutdown as our so called representatives cant seem to get it together... Oh, there is ENDLESS cash for war, make NO MISTAKE about that... but just not enough to fund "the government." Can someone please tell me how that works?
CBDC System? ITS HERE NOW... How many of you are aware that as of today, the total amount of actual printed/existing in physical form currency is just $2.26 Trillion dollars?
ALL THE REST OF IT IS ALREADY DIGITAL… it doesn't exist, its not on the elemental chart, ITS FAIRY DUST.
Bond Market Selloff Worsening... Lions and friends…
The 10 year Yield is climbing RAPIDLY, currently sitting at 4.15
Bonds are selling off…
With that, the MMRI is nearing 270
We need to keep our eyes on this.
GM
Lions and friends…
Russia said it is temporarily banning exports of diesel to “stabilize domestic supplies,” driving European prices higher in already tight global fuel markets.
GM
So... You Think That You Live In A Free Society? Former Federal Reserve Chairman Alan Greenspan said this…
" There is no government authority that can overrule any decision that we make" ~ Alan Greenspan
I want you to think about that…
GM
Dow closes nearly 700 points lower in broad selloff, as all indexes cap their worst day of 2023... and things could get a lot worse without some kind on intervention. Liquidity in this market is drying up.
So just yesterday US Treasury Secretary Janet Yellen(stain) was happy to announce that YOU are coping with higher prices very well. HOW DO YOU FEEL ABOUT THAT? Are you happy with prices which continue to rise?
President Trump is already talking about cutting the corporate tax rate to 15%, which would be very bullish for stocks. Business executives at last week’s World Economic Forum in Davos want a Trump victory for the market.
Lions and friends…
The US 10 year yield is dropping like a rock!!!! Falling over 10 basis points in just a few hours!!!! With that, the DXY is also falling and the MMRI is now sub-258.
And with all this, stocks are higher across the board.
This is incredible.
Thank The Fed…
GM
Shadow banned? Lions and friends…
Many people have written to be saying this video below is being shadow banned. I just put this out earlier today, my Sunday Markets A Look Ahead.
Are you having issues with this video?
Tens of thousands of federal government employees, including IRS workers, stole taxpayer money allocated for pandemic-era assistance programs, according to the Pandemic Response Accountability Committee.
Just as this new war had a temporary stabilizing effect on the debt markets, as we knew it would, some other event or direct intervention by central banks in some other way MUST occur. If this debt market instability is left unchecked, it is going to crush world stock markets.
Trump tells the truth and his own supporters cannot see it! So just an "auto industry bloodbath" if he is not chosen? Really? Everything else will be perfect? Trump is 100% correct! This entire thing is not only already an economic bloodbath, but we haven't seen ANYTHING yet.
CON-vid Cure Has Been Found! Its Called WAR.
Have you noticed that the “cure” for CON-vid is WAR?
Ever since this “new” war began, which is just an evolution from the Russia/Ukraine war started, virtually the entire CON-vid narrative has disappeared from the mainstream media.
Lions and friends.
I was hoping that I would be able to get out a post market video today but unfortunately I cannot.
I will see you in the morning tomorrow, Wednesday.
GM
I have a question which I hope that someone here can answer... So back in 2022, CON-gress passed the Inflation Reduction Act which cost the American people $369 Billion- and yet, inflation continues to rise unabated. HERE IS MY QUESTION... Do you think that was money well spent?
RISK IN THE MARKET IS PLUMMETING. Are you watching the "miracle" happen as bond yields FREEFALL? And the dollar CRATERS? Can you imagine our shock!!! WE SAW THIS COMING! THEY ARE NOT DONE PUMPING A DEAD SYSTEM.
The Fed. Votes NO CONFIDENCE On The US Economy.
Fed. Keeps rates Unchanged- I got this one wrong, as I expected a 25BP hike.
The Fed. NOT hiking rates here is a clear sign that the economy is much worse off than they are saying.
Trump Media’s stock nearly doubles in 2 days since merger closed, adding more than $2.5 billion to Trump’s wealth. Trump has played the Left vs Right narrative MASTERFULLY! There is just no doubt about it.
US Leading Economic Indicators CRATER... AGAIN! Lions and friends…
This marks 18 consecutive months that leading US economic indicators have fallen deeper into the red. And with that, the bond market is SCREAMING “trouble ahead.”
Just a heads up.
GM
Lions and friends… As we expected to see, the US 10yr yield is dropping. As you know… This mechanism opens up a doorway for more cash to make its way into the stock market- “The Illusion of The Market Will Be Maintained” During This Presidential “Selection” Cycle.
GM
Debt is selling off again, but gauging from what we witnessed last week, I would expect the Fed. to step in and buy more debt/weaken the dollar.
Right now the MMRI is back over 300.
Lets see where this goes. To see the MMRI in REAL TIME, Click here:
U.S. President Biden ordered fighter jet strikes in eastern Syria Thursday, targeting facilities used by Iran’s Islamic Revolutionary Guard Corps.
The U.S. Department of Defense said the strikes were in retaliation for attacks on U.S. forces.
The US 10 Year Yield has made a significant move higher in early trading. Bonds are selling off. Lets just keep our eyes on this. With that, the MMRI has jumped to over 260. Click on the following link to see the MMRI in real time.
Treasury Secretary Janet Yellen said she regrets describing inflation as “transitory,” the term several Federal Reserve and Biden administration officials used to describe the price surges they initially thought would be temporary.
“I regret saying it was transitory.
19 Banks Grasp For $32.6 Billion Government Lifeline: Nineteen banks, including PacWest Bancorp (PACW), East West Bancorp (EWBC) and Glacier Bancorp (GBCI), loaded up with $32.6 billion from the Federal Reserve's new Bank Term Funding Program (BTFP) that offers liquidity.
Lions and friends... KEEP YOUR EYES ON THE MMRI. If the debt market were to go NO BID, the MMRI will SKYROCKET putting MASSIVE pressure on stock markets around the world. To see the MMRI in real time, FREE TO EVERYONE! Click here:
Lions and friends... Strong economy? Really? According to Business Insider, a STAGGERRING 40% of business leaders said that more layoffs are likely at their companies this year, and about half say their companies will implement a hiring freeze.
Macy’s to lay off 13% of staff and close five stores. Lions and friends…
As we outlined at the end of last year would happen, expect corporations to lay off tens of thousands of people in 2024.
Department-store chain Macy’s Inc. plans to cut 2,350 jobs and close five stores.
Lions and friends, as I am writing this the US Dollar relative strength has reversed lower and the 10yr yield is dropping fast. MMRI also FALLING.
On the back of this, stocks are higher across the board.
GM
I am having yet another problem with YouTube. My morning report will be late because of this. I apologize. Working on it. PLEASE sub to my newsletter. Worst case, I will post my video there. Click here:
Today the DJIA, SP500, and the NASDAQ all closed with new record highs. The promise of more easy money from the Fed. (along with other central banks) is going to distort stock market price action even more. All this WILL NOT END WELL at one point... Until then, we ride the wave.
Don't miss my post-market wrap up which will go LIVE at 4:05PM Eastern. Insiders are dumping MULTIPLE BILLIONS of dollars in stocks, I am going to detail what is driving them to sell.
(WSJ). U.S. Moves Warships to Defend Israel in Case of Iranian Attack. The U.S. rushed warships into position to protect Israel and American forces in the region, hoping to head off a direct attack from Iran on Israel that could come as soon as Friday or Saturday.
Lions and friends... I love you guys, really. But PLEASE STOP asking me about DJT stock. This thing is in a vicious TAILSPIN, and I have already put out several newsletters about it. Nothing else to say. GM
Are you FOR or AGAINST Code 12 USC 531? §531. Exemption from taxation Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom shall be exempt from Federal, State, and local taxation.