In The News Today

Posted at 6:53 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

I remember the crash of 1987 well, I sat at my desk with a hockey helmet on.  This is not 1987, rather it is the end of empire.  Higher rates popped a tiny bubble back then, THIS is the mother of all bubbles!

‘Having more money doesn’t make you happier. I have 50 million dollars, but I’m just as happy as when I had 48 million.’ Arnold Schwarzenegger. (1947 –     ).

Bill Holter’s Commentary

Humor .. perhaps not?  CIGA Manny
Manny, we don’t dial 911 out in the sticks because it’s a long distance call …  Bill

Bill Holter’s Commentary

Because taxes and regulations are reasonable …and of course because God blessed Texas!

Caterpillar to relocate its HQ from Illinois to Texas after 100 years because it will ‘attract new talent and opportunities’ as it joins Elon Musk’s Tesla as latest firm to leave woke state

Construction machinery company Caterpillar announced it would relocate its headquarters from Illinois to Texas after 100 years to ‘attract new talent.’ 

The company announced the news on Tuesday that it would be moving to Irving sometime this year and would be relocating most of its staff. The company told Fox News that it believes most of its roughly 230 Deerfield corporate employees will move. 

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Bill Holter’s Commentary

  Hiking rates and becoming hawkish on a financial system levered unlike ever before will have ramifications.  Powell is no Volcker and the financial world is not the late 1970’s.  The patient is now being withdrawn from life support!  They know what they are doing …

Fed Hikes Rates By The Most In 28 Years, Signals Volcker-Era Is Back

The Fed hiked rates by a stunning (but expected) 75bps – the biggest hike since 1994. Esther George dissented (preferring 50bps). Fed expresses that is “strongly committed” to fighting inflation.

The Fed sharply raised its rates outlook (to meet market expectations) and sharply lowered its growth and employment outlooks.

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Bill Holter’s Commentary

Not so pretty?

Revlon Files For Bankruptcy Protection Amid Heavy Debt And Supply Chain Woes

Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supply chain network and surging costs.

The New York-based company said that upon court approval, it expects to receive $575 million in financing from its existing lenders, which will allow it to keep its day-to-day operations running.

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Bill Holter’s Commentary

In a world where evil pushes on you each day and saps your strength and resolve, please read one of these each day to restore your energy and faith! 

www.ChristianShortStories.com     

Bill Holter’s Commentary

A couple of terrifying stories for you!

https://www.newsweek.com/chinese-invasion-taiwan-could-undermine-global-semiconductor-market-opinion-1697785

https://www.rt.com/news/557276-computer-chips-fbi-ukraine/

Bill Holter’s Commentary

Very interesting read to say the least!

Russia Believes False Flag Will Lead to US Entry

On May 16th, Dmitry Trenin addressed the Council for Foreign Defense Policy. In that speech were interesting comments on how Russians view the war with Ukraine as it relates to the United States. Here is our analysis on what the implications are, Russia’s true goals seem to be, and their effects on money.

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Bill Holter’s Commentary

  Next time your relatives give you shit because you didn’t take the vax …show them this!

BREAKING: Fifth largest life insurance company in the US paid out 163% more for deaths of working people ages 18-64 in 2021 – Total claims/benefits up $6 BILLION

Five months after breaking the story of the CEO of One America insurance company saying deaths among working people ages 18-64 were up 40% in the third quarter of 2021, I can report that a much larger life insurance company, Lincoln National, reported a 163% increase in death benefits paid out under its group life insurance policies in 2021.

This is according to the annual statements filed with state insurance departments — statements that were provided exclusively to Crossroads Report in response to public records requests.

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