A 28-year-old woman was reportedly gang-raped for five days after being abducted while on vacation in Pakistan. She was dumped out on the street in Islamabad with her hands tied behind her back and her ankles shackled. A passerby found her in distress. The unidentified woman, who claimed she was from Belgium, told police that…
Day: August 16, 2024
Banned Again
by Naomi Wolf, Outspoken with Dr Naomi Wolf: This is getting really tiresome. Two days ago, I appeared on the “Alex Jones Show”. I explained to Mr Jones that to me it looked as if there were at least two coups underway at the White House — possibly three: https://x.com/RealAlexJones/status/1823085161509970286 Clearly the Harris team had […]
Money-Market Fund Assets Hit Record Highs, Banks See Large Deposit Outflows As Stocks Crashed
Money-Market Fund Assets Hit Record Highs, Banks See Large Deposit Outflows As Stocks Crashed
As stocks continued to crash last week, money-market funds saw a second week of significant inflows (+$28.4BN) which together with the prior week’s $52.7BN, pushed total MM assets under management to a new record high of $6.216 TN…
Source: Bloomberg
And while bank deposits also saw (huge) inflows the prior week, the week-ending 8/7 saw seasonally-adjusted (SA) US bank deposits plunge $77BN – the biggest weekly drop since Tax Day in April…
Source: Bloomberg
Non-seasonally-adjusted (NSA) deposits also tumbled (by $74BN)…
Source: Bloomberg
Excluding foreign deposits, US bank domestic deposits (SA and NSA) plunged as stocks tumbled (-$70BN and -$78BN respectively)…
Source: Bloomberg
On an SA basis, large banks saw $73.5BN of deposit outflows (the biggest since march 2023 – SVB!) and small banks $3.5BN on inflows. On an NSA basis, large banks suffered an $82BN deposits drawdown while small banks saw $4BN in inflows…
Source: Bloomberg
Fiittingly, on the other side of the ledger, bank loan volumes plunged last week (driven by a $17.6BN drop in loans at large banks offset very modestly by a $0.8BN increase in loan volumes at small banks)…
Source: Bloomberg
Finally, we note that US equity market cap rose this week while bank deposits at The Fed remained flat…
Source: Bloomberg
Will this historically-strong relationship ever re-couple?
Tyler Durden
Fri, 08/16/2024 – 16:40
Germany demolishes Grafenrheinfeld cooling towers as nuclear power is phased out in the country
Germany demolished two cooling towers at its decommissioned Grafenrheinfeld nuclear power plant in controlled blasts on Friday. The plant, which was once a symbol of Germany’s energy independence, was taken out of service in 2015 after 33 years, per DPA. Germany was reportedly alarmed by Japan’s Fukushima nuclear accident in March 2011 and then-chancellor Angela Merkel…
AUSTIN PETERSEN: Aussie Rachel ‘Raygun’ Gunn’s ‘rigging’ accusation is an object lesson in merit trumping victimhood
In the actual Olympics, if you don’t have merit, you get memed to death.
Fact Check: Harris Claims Trump ‘Tried to Cut Medicare Every Year’
CLAIM: Vice President Kamala Harris claimed during a speech on Friday that former President Donald Trump has tried to cut Medicare “every year.”
VERDICT: False. Trump did not try to cut Medicare during his time in office; the Biden-Harris administration has cut Medicare Advantage, which a majority of Medicare beneficiaries use over traditional Medicare.
The post Fact Check: Kamala Harris Claims Trump ‘Tried to Cut Medicare Every Year He Was President’ appeared first on Breitbart.
UK LGBTQ Pride founder charged with 37 child sex crimes: report
The founder of a prominent LGBTQ Pride organization in the United Kingdom has been charged with 37 child sex abuse crimes, including rape and conspiracy to kidnap a child. All victims were under the age of 13, police said. Stephen Ireland, 40, of Surrey, was arrested on Wednesday along with his colleague David Sutton, 26,…
JOSEPH MANNARINO: It’s time to push back against biological males competing in women’s sports
It’s time to end this charade and stand up for the integrity of women’s sports.
Hurricane Ernesto Intermediate Advisory Number 20A
…ERNESTO CLOSING IN ON BERMUDA… …STRONG WINDS, DANGEROUS STORM SURGE, AND LIFE-THREATENING FLOODING EXPECTED TO BEGIN LATER THIS AFTERNOON…
As of 2:00 PM AST Fri Aug 16
the center of Ernesto was located near 30.0, -66.1
with movement NNE at 14 mph.
The minimum central pressure was 969 mb
with maximum sustained winds of about 100 mph.
Disney REBOOTING Star Wars?! Removing Sequels from CANON?
A trailer for a Star Wars series was unveiled at D23 that has a portion of former Star Wars fans uncharacteristically excited, believing this series is the first step towards rebooting Star Wars and removing the sequels from canon. I am skeptical about what this means, but it is an unexpected and intriguing development that could lead to big changes in Star Wars, or simply fizzle out as a blip on the radar. In this video, requested by a number of my viewers, I cast a fair but skeptical eye on what's coming, going over the pros and cons as I see them, but make no mistake – this is an interesting development in the train wreck that is Disney Star Wars. #disney #starwars #disneyplus
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