02/23/2024 Podcast update – A sobering reality; preparing for the next several years

Not for the easily offended and faint-hearted

 

To download the podcast, right mouse click here (duration 28:22)

 

-Death, disease, and destruction are very profitable to the asset owners in these final days.

-As the people drop dead in the streets or become debilitated, drug companies will continue to offer up profitable solutions that will richly enhance shareholder value.

-War isn’t just a racket, but is a means to an end; to scare the populace while richly enhancing the pockets of the military industrial complex shareholders.

-A one world society, that is built on the naivete and stupidity of all the races, can only be accomplished through the spending of tens of trillions of dollars in deficit spending.

-We are approaching our denouement and the true remnant Christians will not be able to survive on the other side of the Great Reset. Living in that society will require too many compromises that will cost our souls.

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9 thoughts on “02/23/2024 Podcast update – A sobering reality; preparing for the next several years

  1. ARLnow.com
    Report: Arlington moves up to No. 7 priciest rental market in U.S.

    There’s more evidence that Arlington is an expensive place to live.

    The county has moved to No. 7 on a list of the priciest rental markets in the country, up from No. 10 last year.

    Rental website Zumper just released its latest National Rent Report, and Arlington outranks even D.C. for median one-bedroom rent prices among 100 cities and other localities nationwide. D.C. remained more expensive for two-bedroom units, however.

    In Arlington, according to Zumper, the median one-bedroom apartment is $2,330/mo, up 2.2% year over year, while the median two-bedroom apartment is $2,980/mo, up 1% year over year.

    The county bucked a national trend of falling rents this month. The District, by comparison, had its one- and two-bedroom rents fall by 1.7% and 4.4% year over year, respectively.

    “February marks the 5th continuous month of either flat or negative monthly changes for the national rent index,” Zumper noted. “One-bedrooms decreased 0.9% to $1,482, while two-bedrooms dropped 0.5% to $1,837.”

    “While many Sun Belt and Intermountain markets are seeing rents fall due to new supply, the national rates are being stabilized by the rent hikes in low supplied Midwest and Northeast cities, where rents have climbed upwards of 20%,” the website wrote.

  2. Good numbers for the markets…Bring on the AI…

    Core Durable Goods Orders (MoM) (Jan)
    Act: -0.3% Cons: 0.2% Prev: -0.1%

    Durable Goods Orders (MoM) (Jan)
    Act: -6.1% Cons: -4.9% Prev: -0.3%

    Durables Excluding Defense (MoM) (Jan)
    Act: -7.3% Cons: Prev: 0.1%

    Goods Orders Non Defense Ex Air (MoM) (Jan)
    Act: 0.1% Cons: 0.1% Prev: -0.6%

    1. Slightly weaker than expected. No fuss though….

      House Price Index (YoY) (Dec)
      Act: 6.6% Cons: Prev: 6.7%

      House Price Index (MoM) (Dec)
      Act: 0.1% Cons: 0.3% Prev: 0.4%

      S&P/CS HPI Composite – 20 s.a. (MoM) (Dec)
      Act: 0.2% Cons: 0.2% Prev: 0.2%

      S&P/CS HPI Composite – 20 n.s.a. (MoM) (Dec)
      Act: -0.3% Cons: Prev: -0.2%

      S&P/CS HPI Composite – 20 n.s.a. (YoY) (Dec)
      Act: 6.1% Cons: 6.0% Prev: 5.4%

  3. He’s now home with Satan and has realized he was lied to….

    Jacob Rothschild, Philanthropist and Financier, Dies at 87

    Rothschild’s family confirmed his death in a statement to the Press Association. No cause was given.

    “Our father Jacob was a towering presence in many peoples’ lives – a superbly accomplished financier, a champion of the arts and culture, a devoted public servant, a passionate supporter of charitable causes in Israel and Jewish culture, a keen environmentalist and much-loved friend, father and grandfather,” the family said in the statement.

    Rothschild left N.M. Rothschild & Sons Ltd. in 1980 to focus on Rothschild Investment Trust after resigning from his family firm over a dispute about its direction. The offshoot business — now known as RIT Capital Partners Plc — is one of the UK’s largest investment trusts with £3.5 billion ($4.4 billion) in net assets at the end of November.

    Along with RIT, he co-founded the asset manager St. James’s Place Plc and formed part of a trio that joined forces three decades ago in a $21 billion aborted hostile takeover bid for British American Tobacco Plc.

    Rothschild was also one of the UK’s leading philanthropists. He chaired the boards of the National Gallery and the National Heritage Lottery Fund.

    A noted art collector, he restored Spencer House in London and masterminded the five-year restoration of Waddesdon Manor, the 19th century country house in Buckinghamshire built by one of his many wealthy ancestors, from 1990 to 1995.

    Rothschild also followed other members of the far-flung family in having charitable interests in Israel. He was chairman of Yad Hanadiv, the family foundation, which gave the Knesset and the Supreme Court buildings to the nation.

    He was awarded the Order of Merit by Queen Elizabeth II in 2002. The order is given for service in the field of the arts, learning, literature and science, and are limited in number to 24 in the United Kingdom.

    Eton College

    Nathaniel Charles Jacob Rothschild was born on April 28, 1936. Educated at Eton College and the University of Oxford, he became a partner in N.M. Rothschild & Sons four years after joining the family bank in 1959 and ran its corporate-finance department.

    He belonged to the seventh generation of a banking dynasty that originated with Mayer Amschel Rothschild, a rare-coin dealer born in 1744 who advised German aristocrats on their finances. He sent his sons to major European cities to do business with cash-strapped governments, and Nathan Mayer Rothschild was the first to venture abroad when he arrived on English shores at the end of the 18th century.

    Nathan founded his namesake bank in 1810 and gained prominence for financing Britain’s military operations in the Napoleonic Wars. About 150 years later, Jacob faced opposition in his efforts to expand the bank’s services from his father Victor and his cousin Evelyn, who took over from Victor as chairman of N.M. Rothschild & Sons Ltd. in 1976.

    Since debuting on the London Stock Exchange in 1988 in the wake of the deregulation of the city’s financial markets, RIT has grown more than 1,300%.

    Rothschild stepped down as RIT’s chairman in 2019, though his daughter, Hannah, 61, remained on the board of directors of the investment firm, where she oversees a stake of at least 10% now worth more than £250 million.

  4. Fed-Favored Inflation Gauge Seen Rising Most in a Year

    https://www.terminaleconomics.com/wp-content/uploads/2024/02/Globalprices.jpg

    (Bloomberg) — Underlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures.

    The core personal consumption expenditures price index, which excludes food and energy costs, is seen rising 0.4% from a month earlier. That would mark the second straight monthly acceleration in a gauge that’s largely been receding over the past two years.

    And when annualizing the data on a three- or six-month basis, both would rebound above 2% after dipping below the Fed’s target in December.

    Fed officials have stressed they’re in no rush to lower borrowing costs and will only do so once they’re confident that inflation is retreating on a sustained basis.

    The PCE data, due Thursday, will likely validate that stance and possibly further diminish market expectations for an interest-rate cut in the coming months.

    Also due are the US government’s second estimate of fourth-quarter growth, durable goods orders, and the Institute of Supply Management’s manufacturing gauge for February. January figures for new- and pending-home sales will give the latest readout on the housing market, while the Conference Board and the University of Michigan will release separate measures of consumer sentiment.

    What Bloomberg Economics Says:

    “The stage is set for monthly PCE inflation to jump following hot CPI and PPI reports. While that certainly won’t put the Fed at ease, we think policymakers will largely look through the January increase. Temporary factors — including residual seasonality and the increase in prices of portfolio-management services — serve as critical drivers behind the January increase. Similarly, some of the expected gain in personal income comes from cost-of-living adjustments and an unsustainably high nonfarm-payroll print.”

    Looking north, Canada will publish its growth data for the fourth quarter, for which preliminary numbers last month pointed to a rebound.

    Elsewhere, crucial inflation reports from the euro zone, Japan and Australia will also keep investors busy, while Group of 20 finance ministers and central bankers are set to meet in Sao Paulo from Wednesday.

    Asia

    Central banks in Australia and Japan will get fresh inflation data that may either spur or diminish policy pivot bets in different directions.

    Australia’s CPI is seen inching up to 3.5% year on year for January, a pace that would still be slow enough to sustain speculation over a rate cut by the Reserve Bank.

    Japan’s January consumer inflation excluding fresh food may slow to 1.8%, dipping below the Bank of Japan’s 2% target for the first time since March 2022, but don’t be fooled: base effects are expected to trigger a resurgence in February, keeping the bank on track to end the negative rate in a month or two.

    The Reserve Bank of New Zealand is expected to hold its official cash rate at 5.5% on Wednesday as inflationary pressure eases.

    Among other statistics, India’s gross domestic product growth is seen slowing to 6.7% in the fourth quarter from a year earlier, while Taiwan’s economy probably expanded by about 5.1%.

    Europe, Middle East, Africa

    Inflation in the euro zone will be a highlight in what’s going to be a big week for gauging the strength of global price growth.

    Friday’s report will land along with Italy’s at the end of a 24-hour flurry of releases from around the region, with France, Spain and Germany all scheduled to publish national gauges on Thursday.

    Economists anticipate the overall euro-area outcome at 2.5%, marking some – but not enough – progress toward the 2% goal. Similarly, the underlying measure that strips out volatile elements such as energy is expected to weaken to 2.9%.

    Those numbers will be pored over by European Central Bank officials before their March 7 meeting. They’ll enter a blackout period on Thursday in advance of that decision.

    Latin America

    In a busy week, four of the region’s big economies report unemployment figures for January. Labor markets in Brazil and Mexico are at historically tight levels, whereas those in Chile and Colombia are closer to their long-term levels.

    Mexico watchers will be on high alert for any shifts in Banxico’s outlook for inflation and growth in its quarterly inflation report on Wednesday, with the central bank still on hold a year after its last hike.

    In Chile, the end-of-month data dump of seven separate indicators may include signs of green shoots in January GDP-proxy data.

    Brazil’s mid-month reading on consumer prices and its broadest measure of inflation should both continue to tick lower, more than enough to keep the central bank easing at its March meeting.

    Output data from Brazil may show that the drag from double-digit borrowing costs brought growth in Latin America’s biggest economy to a standstill in the fourth quarter.

  5. The Synagogue of Satan has done a lot of work to ridicule John. The name has become known in our culture as:

    1. Toilet
    2. One who hires prostitutes
    3. With the addition of “son”, that private part of male anatomy

    The last verse of the gospel according to John informs us what we missed out on.

    “And there are also many other things which Jesus did, the which, if they should be written every one, I suppose that even the world itself could not contain the books that should be written. Amen.”

    John 21:25 KJV

    That is the truth and I firmly believe it. So why did we get so much Paul? Maybe Paul told us:

    “For the mystery of iniquity doth already work: only he who now letteth will let, until he be taken out of the way.”

    2 Thessalonians 2:7 KJV

    I am inclined to think that Paul received a multi-epistle deal from the SOS in exchange for a softened stance and admitted it – as evil has this strange obligation to announce itself. Just my opinion.

    Great podcast by the way, we really don’t need a manufactured crisis. SOS is casually morphing their system into what they want and there appears to be no opposition. I know a lot of people who are more concerned with their bucket list travel plans than anything else.

    1. Pauline Christians are well adjusted to the global amalgam that is the one world government. Schofield Christians also rely heavily on Paul to justify the cunning shift of ancient Israel to mean the Jews. I suspect the Council of Nicaea overemphasized Paul And that a non Catholic Bible could have been formulated differently.

      I perform a Google search and the results are quite favorable for Paul, while dragging John through the mud and saying he wasn’t even the author of the books attributed to him… Hmmm…..

      The NT only crowd depend on their quick Google searches. It’s all Paul, all the time. Paul is very PC and transcends down to the end times.

      Remember, though Jesus equates his followers as laborers in the field and hirelings to bring back profit, Paul says it’s once saved always saved. Many people today who are in similar situations to Matthew before leaving his post use Paul to relax.

      Knowing what I know, there’s no way I could ever work again on Wall Street, in finance, for a large firm or the government, be dependent on a state licensing board to push woke garbage, including being a doctor who push drug company products and mislead to maximize uptake, mortgage banking, etc. etc…

  6. Another injected fool. Dementia diagnoses are off the charts. These medical outcomes will continue moving higher throughout the decade heading up to the Great Reset. 🎠🎠🎠

    MarketWatch
    I’ve been diagnosed with dementia. I suddenly could not spell or write legibly: ‘I don’t want my wife to lose everything.’

    ‘I am getting worse, so I want to protect my wife of 24 years, and our finances’

    Dear Quentin,

    I have been diagnosed with brain damage and dementia. Word to the younger folks: I woke up last year and suddenly could not spell or write legibly. No warning. No symptoms. I am getting worse, so I want to protect my wife of 24 years, and our finances. She will get half my pension and she has an even better pension than I do.

    We have two long-term care policies — one is paid off and the other is 5% inflation-adjusted with lots of positive riders etc. If I end up living a long time and use up my long-term care policies — currently valued at $600,000 — and have to go on Medicaid, will we have to sell our house to pay Medicaid?

    I don’t want my wife to lose everything. Will an elder-law attorney really help? I have heard mixed reviews, and that they come at a huge cost. Thanks for reading and a note to your readers from someone who knows: Do your bucket list traveling as soon as you can because you may not have the time left you think you do.

    Love & Peace
    Dear Love & Peace,

    Keep all your options open, and don’t embark on this journey alone.

    You will need financial, legal, medical, social and emotional support. That will involve enlisting the help of loved ones and, yes, relying on a network of professional support. You will need to reassess your financial goals, debts, savings, insurance, income and expenses. Take it one day, one step at a time. There are government programs that could provide help, and you may be able to withdraw money from your IRA even if you are not 59½ without incurring a penalty.

    Dementia is a symptom rather than a disease itself. In fact, there are over 100 diseases that could cause symptoms consistent with dementia. Alzheimer’s disease is the most common type of dementia, according to the Centers for Disease Control and Prevention. Approximately 5.8 million people in the U.S. have Alzheimer’s disease and related dementias, which includes 5.6 million people aged 65 and older and 200,000 under 65, the CDC says.

    There are other forms, including frontotemporal degeneration (FTD), which have received greater public awareness since the FTD diagnoses of former talk-show host Wendy Williams and actor Bruce Willis were made public. That is a common cause of dementia, and characterized as a group of disorders that occur with the loss of nerve cells in the frontal and temporal lobes. Aphasia, the inability to process words and communicate properly, can be one symptom.

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