Saturday, September 25, 2021

10-Year Yield Jumps to 1.43% as Bond Market Reacts to what the Fed Said Yesterday about Tapering, Rate Hikes, and Inflation

by Wolf Richter, Wolf Street:

The Fed is getting nervous about inflation. “Temporary” doesn’t cut it anymore. And the bond market is getting a whiff of it.

The 10-year Treasury yield jumped 11 basis points today to 1.43% at the moment, the highest since early July, and the biggest jump since February. Apparently, it sank in today what the Fed had said yesterday afternoon. It placed the beginning of the Big Taper into November to be done with by mid-2022, which would then pave the way for rate hikes. Fed officials keep moving the first rate hike closer and closer. And they expressed their nervousness about the red-hot “temporary” inflation lasting a disturbingly long time.

Voting With Their Feet: Parents Taking Their Kids Out of Traditional Public Schools in Astounding Numbers

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by Matt Margolis, PJ Media:

new report from the National Alliance for Public Charter Schools shows what a great advertisement American Federation of Teachers (AFT) President Randi Weingarten and her more radical members provided for school choice. After more than a year of school closures, Zoom classes, and battles over critical race theory, parents are increasingly taking their children out of public schools. The study looked at enrollment shifts between the 2019-2020 and 2020-2021 school years.

CEO of Moderna Says Even Young Will Need to Take Vaccine Booster Shots Indefinitely

by Paul Joseph Watson, Summit News:

Two tier society that punishes the unvaccinated could remain in place forever.

The CEO of pharmaceutical giant Moderna says that even younger people will have to get vaccine booster shots at least once every three years, meaning that a two-tier society which punishes the unvaccinated could remain in place indefinitely.

According to Stephane Bancel, the pandemic will continue for at least another year, at which point there will be enough vaccine doses “so that everyone on this Earth can be vaccinated.”

Putin the Poisoner? More Doubts Over Attempts to Delegitimize Russia’s Leader

by Philip Giraldi, Strategic Culture:

Attempts to delegitimize President Putin by making him an international poisoner is tragedy elevated by its absurdity to the level of farce.

It seems that ever since Hillary Clinton lost to Donald Trump in the U.S. presidential election of 2016 the western media and numerous politicians have been working especially hard to convince the world that the Russian government is little better than a modern version of Josef Stalin’s USSR. Part of the effort can be attributed to the Democratic Party’s desire to blame someone other than the unattractive candidate Hillary for the defeat, but there is also something more primitive operating behind the scenes, something like a desire to return to a bipolar world in which one knew one’s enemies and one’s friends.

“Hyperinflation” Tops List Of Fears For UBS Clients

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from ZeroHedge:

With Democrats in Washington pushing for a $3.5 trillion ‘social infrastructure’ stimulus package and Speaker Pelosi perhaps hinting at the removal of the debt ceiling altogether for the US, it is perhaps no surprise that some are ‘worried’ that the idea of consequences is absent from any discussions.

Pelosi called the debt ceiling vote a “tradition,” adding that there is some back and forth about whether they need to do it, before she dropped this bombshell: “There’s some doubt as to whether that should be the case.”

Well no debt ceiling would certainly enable MMT – as long as The Fed can keep monetizing that malarkey – and perhaps that’s why USA sovereign risk is spiking…

FORMER FEDERAL GOV. OF CANADA MEMBER EXPOSES – HE WAS INFORMED OF PLANDEMIC IN 2018 TO HIT IN JAN 20

from Philosophers Stone Info:

TRUTH LIVES on at https://sgtreport.tv/

Mayhem in Switzerland… Vaccine Freedom Fighters hit with water cannon…

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When It Comes to Frauds, Wells Fargo Is on the Bunny Slope Watching JPMorgan Hop Moguls on the Black Diamond Trail

by Pam Martens and Russ Martens, Wall St On Parade:

There was a strange occurrence at Fed Chairman Jerome Powell’s press conference yesterday. Hannah Lang, a reporter for American Banker, asked Powell a question about Wells Fargo. Powell read his answer directly from a script in a binder he had on the podium. (You can watch the exchange in the video clip below. Be sure not to miss the exchange that follows Lang’s question when Mike Derby of the Wall Street Journal grills Powell on the outrageous trading that Dallas Fed President Robert Kaplan was doing last year to enrich himself (while his country was in a declared National Emergency and pandemic crisis).

The Mainstream Media Is Using Terms Like “Worsening” And “Foreseeable Future” To Describe The Shortages

by Michael Snyder, The Economic Collapse Blog:

Yes, these shortages are really happening, and now the mainstream media is warning us to brace ourselves because they are going to get even worse.  After the article that I posted yesterday, emails came pouring in from people all around the country.  There were a few that didn’t want to believe that things are as bad as I was saying, but there were lots of other emails that confirmed that conditions are at least as bad as I described.  In fact, there was one extremely alarming email from someone that works in the supermarket industry that I hope to share with all of you in the coming days once I get permission to do so.

The conspiracy theories are now spoiler alerts.

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EXCLUSIVE: Police deploy counter-terror squad on construction workers in Melbourne

from Rebel News:

Thousands of unarmed construction workers marched Melbourne’s streets in protest of the worlds longest and harshest lockdown.

Suddenly they found themselves confronted by an armoured vehicle operated by a counter-terrorism squad, backed by hundreds of riot police.

Doesn’t it make you feel safe, knowing that our tax dollars spent on beefing up Victoria’s counter-terror capabilities has now been turned on the people they were designed to protect?

Half of America gearing up to wage legal war against Biden over unconstitutional covid vaccine mandates

by Ethan Huff, Natural News:

At least 24 states, or roughly half of the country, is planning to unleash hell against the Biden regime over its unconstitutional Wuhan coronavirus (Covid-19) “vaccine” mandates.

Two dozen Republican state attorneys general have signed onto a letter challenging Biden’s mandate, which amounts to forced medical rape. Those states include Alabama, Alaska, Arizona, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah, West Virginia and Wyoming.