Wednesday, May 18, 2022

RC - 'The Doctrines Of Devils'

 

Dow tumbles 1,160 points in worst trading day since June 2020


By Nicole Goodkind, CNN Business


Updated 5:47 PM ET, Wed May 18, 2022




New York (CNN Business)The old joke goes like this: Two friends are at a resort and one says, "The food here is really terrible." The other replies, "And the portions are so small!" Today, it's investors who dislike the taste of the Federal Reserve's interest rate hikes — but seemingly want more anyway.
Markets have plummeted over the past month as the Federal Reserve telegraphed that it would regularly hike interest rates by half a percentage point for the foreseeable future to combat persistent inflation. On Wednesday, the Dow (INDU) shed more than 1164 points, or 3.6%, its biggest loss since 2020. The broader market lost 4%, putting the S&P 500 (SPX) on the precipice of bear market territory. The Nasdaq Composite lost 4.73%.

Now, investors are asking for more. They're calling for a three-quarter-point rate hike at the conclusion of the Fed's June meeting, despite Fed Chair Jerome Powell's assurances that an increase that high isn't on the table.

Bank of America analysts wrote in a note that they fear there will soon be a wage-price spiral in the US ​​because of risks that "the Fed hikes too little." The current market reaction, they said, suggests that "investors see the Fed as moving too slowly on the inflation fight: a 75 [basis point] hike might have been feared but it appears it would have been preferred."

Nomura Securities has predicted that the central bank will hike the fed funds rate by three-quarters of a point in June and July after the half-point rise in May.



Fed Chair Jerome Powell: We won't hesitate to raise rates to tame inflation

"We recognize Fedspeak has not outright endorsed a 75 basis point hike yet, but in this high inflation regime we believe the nature of Fed forward guidance has changed — it has become more data dependent and nimble," said Rob Subbaraman, Nomura head of global markets research, in a note.
The Fed could hike rates to 5% by the time it ends the current bout of tightening, ​​Deutsche Bank's chief economist said. That would be the highest level since 2006.
Fed-funds futures traders see a 9% likelihood that the Federal Reserve will raise its main policy rate target by three-quarters of a point in June, to between 1.5% and 1.75%, according to the CME FedWatch Tool.

St. Louis Fed president James Bullard has stoked the flames for a potential three-quarter-point hike this year in public speeches and Federal Reserve Bank of Cleveland President Loretta Mester told Japan's The Nikkei that a 0.75 percentage point hike could not be ruled out later this year in an interview Monday.



A screen shows a press conference with Jerome Powell, the Chair of the Federal Reserve of the United States, following news about the Federal Reserve decision to raise interest rates by half a percentage point on the floor of the New York Stock Exchange on May 4, 2022.

So why are markets fighting the Fed chair's assurances that a larger hike won't come in June — and hurting themselves by predicting it will?

"When a Fed official suggests a 50 basis points hike, markets immediately start trying to price in 75 basis point hikes," said Jamie Cox, Managing Partner for Harris Financial Group. "It's madness really."
The Dow has fallen 5,095 points, or 14% in 2022. The S&P 500 has dropped over 18% and the Nasdaq Composite has lost about 28%.

"Powell tried to take the 75 basis point hike off of the table at the last press conference," said David Lebovitz, a global market strategist at J.P. Morgan Asset Management.
But the following week, the Consumer Price Index, a key measure of inflation, shot up 8.3% for the year. The measure was lower than March's 8.5% increase, but higher than the 8.1% increase economists expected.

The Fed has a new plan to avoid recession: Party like it's 1994

The issues between markets and the Fed may have less to do with an eye toward self-flagellation and more to do with a growing mistrust of the institution. The old-time mantra of "don't fight the Fed" has morphed into "don't believe the Fed."
"People start to lose faith in the idea that the Fed really does have its arms around inflation," said Lebovitz. "It's all about getting a grip on what the Fed is going to do and unfortunately, given the lack of clear guidance from them, and an inflation report that surprised to the upside, investors are a little bit uncomfortable."

Even former Fed Chair Ben Bernanke seeded some doubt this week when he broke the unspoken edict amongst former Fed chairs to not speak ill of their successors. The Fed made a mistake in delaying their decision to raise rates, he said during an interview on CNBC's Squawk Box Monday.
"And I think they agree it was a mistake."



Bank of England chief says "apocalyptic" food shortages around the world...

Monday, May 16, 2022

Biden's Border: A CBN News Original Production

JFK's Cryptic Message



“The very word secrecy is repugnant, in a free and open society. For we are, as a people, inherently and historically opposed to secret societies, to secret proceedings and to secret oaths.” … “For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence– on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations. Its preparations are concealed, not published. Its mistakes are buried not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed.” 

John F. Kennedy's secret society speech on April 27, 1961 (murdered on November 22, 1963). 

Who Controls the Media?

"Traditional" Catholics and white nationalist "groypers" forge a new far-right youth movement


Salon: "Traditional" Catholics and white nationalist "groypers" forge a new far-right youth movement - May 13, 2022



Written by Kathryn Joyce, and PRA’s Ben Lorber.

Read here.


Epidemic of Sin This Past Weekend.SDAs Linked with Maniacals & Other “De...

Sunday, May 15, 2022

The Collapse is now Common Knowledge

Blood Moon-Lunar Eclipse 2022 from Chile

Watch a Total Lunar Eclipse (NASA Science Live)

IT'S ILL SEASON








 

May 22- #WHO-PANDEMIC-TREATY - #HUGO-TALKS

  

First published at 17:10 UTC on May 14th, 2022.#WHO
#SERFDOM
#GAVI




Quarantine Beat

Sgt. Michelle Foy - Christian Constitutionalist


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The WHO is attempting to push through changes to a treaty that would give them global control over health worldwide. This helps fulfill some of the goals of the WEF’s Great Reset.

It is a massive power grab that takes away a nation’s sovereign rights to determine its own health standards.

A decision will be made by vote on May 22-28 at WHO World Health Assembly. Two-thirds of the Senate does not have to vote for it. It’s a rule change but it’s a devastating one. A member of the steering committee of the World Council for Health, who points out that the treaty gives the WHO:

“… an inordinate amount of power to make decisions in sovereign countries as to how people live and how they deal with pandemics, from lockdowns to mandates over treatment.”

INSANITY!

#Lockstep #Rockefeller #UN #IMF #Vatican #Big-Pharma #UNESCO #DAVOS #WEF #Noahide

'We Exposed The Flaw In Their So-Called Plan': GOP Lawmaker Flays Biden ...

Record diesel prices having a ripple effect on the economy, business own...

Secret Hollywood Agenda | Media's Influence on Culture - LED Live

Saturday, May 14, 2022

The mRNA red flags fly ever-higher


Omicron is surging in highly vaccinated states; data from Vermont show the jabbed are now MORE likely to need hospitalization than the unvaccinated


Alex Berenson
May 10

Vermont is as European as American states get: mostly white, slow-growing, and left-leaning. It even has a socialist senator.

Vermont has European rates of Covid vaccination, too. About 90 percent of adults over 30 in Vermont are have been jabbed. Most of those are boosted - including about 85 percent of adults over 65.

Yet Vermont is now suffering its second major outbreak of Omicron in five months. Since late March, Covid hospitalizations have soared to the second-highest level ever in the state, trailing only the initial Omicron peak. The number of patients in intensive care is up even more.

Covid hospitalizations in Vermont (because Vermont is so small, 100 hospitalizations statewide translates into about 53,000 for the United States):



SOURCE

The surge is occurring almost exclusively in vaccinated people.

Each week, Vermont reports data on hospitalizations by vaccination status. They have shown a remarkable change in the last several weeks.

In the spring and summer of 2021, the happy vaccine valley, almost no vaccinated people were hospitalized statewide. Only a handful even contracted Covid.

During the Delta wave in the fall of 2021 and the first Omicron surge in December and January, hospitalizations jumped in both the unvaccinated and vaccinated and reached a roughly 50/50 split. But because so many more people were vaccinated, vaccinated people still had a much lower risk per-person.

Not anymore.

In March, as the first Omicron wave ended, hospitalizations in both unvaccinated and vaccinated people plunged. But since Omicron surged again in April, almost five times as many vaccinated people have been hospitalized.

Even accounting for the relative population sizes, vaccinated people were more likely to be hospitalized than the unvaccinated, state data show. (Those figures do not adjust either for age or the relative health status of the vaccinated.)

SOURCE



During the first two years of Covid, Vermont had relatively few deaths, possibly because it is so rural, like most other states low on the Covid death charts. Other Northeastern states, notably Massachusetts, on Vermont’s southern border, and New York, to the west, performed much worse.

But all those states have very high vaccination rates. And the differentials between them have nearly vanished. The new Omicron wave has hit them all hard.

Cases in Massachusetts are rising so quickly that the Team Apocalypse stalwarts in the media are all-but-begging for new mask mandates.



Death rates are rising too, although the spike in infections has occurred so quickly that they have not yet caught up. And as the winter surge demonstrated, Omicron is less dangerous than earlier variants to vaccinated and unvaccinated alike (a recent study that purported to show otherwise was hugely flawed because it failed to account properly for the shift to at-home Covid testing).

That said, Omicron still can do significant damage to the same groups that were vulnerable to earlier Covid variants - notably people over 75 and the morbidly obese. All-cause mortality spiked in December and January in both the United States and Europe, during the first Omicron wave.



But what is particularly troubling about the newest Omicron wave - not just in the United States but worldwide - is that it appears to hitting highly vaccinated states and countries much more heavily than less vaccinated areas.

In this chart from the New York Times, redder states and nations have higher infection rates; greener states and nations have higher vaccination rates. The correlation is so obvious that it is clearly visible at both the state and national level, no complex regression analysis needed.

Neither geography nor seasonality nor prior infection rates seem to matter - the post-vaccine epidemic is sweeping from Taiwan to Australia to Italy to Vermont. Meanwhile, in countries that did not use mRNA vaccines, Sars-Cov-2 has all-but-vanished - following the natural course of other respiratory epidemics, which rarely lasted more than one year or two at most.




So what comes next? It is nearly impossible to know, because the answer depends both on whether the mRNA shots retard the development of long-term post-infection immunity and how virulent the next variant might be.

At the moment citizens and politicians in the highly vaccinated countries have correctly decided they can live with this level of death and hospitalization from the coronavirus - not that anyone has a choice, since every control measure has now completely failed.

But the warning signs here are real, and global, no matter how much the media and public health establishment and politicians who cajoled or forced more than 1 billion people to get the mRNA vaccines want to ignore them.



The New Tower of Babel and the Coming Green Sunday Laws

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A One World Religion for a New World Order Under the Umbrella of the Papacy