Elites Suggest Price Controls, Dystopian Travel Restrictions To “Manage” Soaring Energy Costs
By Tyler Durden Before the Russian invasion of Ukraine, Russia supplied the world with one out of every ten barrels of crude consumed. But as…
Tyler Durden
Egg Prices Soar As Highly Pathogenic Bird Flu Spreads Ahead Of Easter
By Tyler Durden Add eggs to the growing list of food prices rising at grocery stores. The reason is a highly pathogenic avian influenza (HPAI) spreading…
Existing Home Sales Tumble On “Double Whammy” Of Soaring Prices, Rising Mortgage Rates
By Tyler Durden Existing home sales plunged a bigger than expected 7.2% MoM in February – the biggest MoM drop in existing home sales since…
Ukraine’s Corn Harvest May Plunge By A Third, Estimates Show
By Tyler Durden Black Sea research firm SovEcon reports that Ukraine, one of the world’s top grains exporters, will experience dramatic output declines in the 2022…
Costco Runs Out Of Emergency Food Kits
By Tyler Durden Headlines like, “WWIII has likely started already, but we have been slow to recognize it,” from Bill Ackman, and corporate media pushing nuclear…
US Producer Prices Soar At Double Digits For First Time
By Tyler Durden Following the far-hotter-than-expected CPI print, analysts expected Producer Prices to extend their acceleration, and they did rising 10.0% YoY in February (vs…
Argentina Halts Soy Exports As Food Protectionism Soars
By Tyler Durden Russia’s invasion of Ukraine disrupted the global food supply chain as the prospect for dwindling stockpiles catapulted food prices to record highs. Governments…
US Households Expect Record Spending Increases As All Prices Soar
By Tyler Durden After unexpectedly sliding last month in what was the largest monthly decline since 2013, the latest NY Fed Survey of Consumer Expectations…
Foxconn Halts iPhone Production At Factories In Shenzhen Due To Lockdown
By Tyler Durden Beijing’s decision to lock down 17.5 million people in China’s de facto ‘tech capital’ of Shenzhen is already creating serious problems for…
Minnesota Non-Profit Set Up To Feed Children Accused Of Massive Fraud And Misappropriating “Tens Of Millions Of Dollars”
By Tyler Durden A non-profit organization called “Feeding our Future (FOF)” was stopped in its tracks this week by the FBI after using millions of…
Phoenix’s Tent City Expands To Nearly 1,000 As Housing Affordability Crisis Worsens
By Tyler Durden A massive homeless encampment in downtown Phoenix, Arizona, known as the “Zone,” raises eyebrows as the shelter’s population swells to more than 900…
Only 18% Of Americans Say Their Wages Are Keeping Pace With Soaring Inflation
By Tyler Durden Will Biden blame this on Putin too? In the frenzy over today’s soaring CPI print which came in at a fresh 40-year…
Russia To Ban Fertilizer Exports To “Not Friendly” Countries; China Warns US Against Retaliation
By Tyler Durden Russia’s war on Ukraine is continuing to boost food prices. While the US and European countries are engaged in economic warfare against…
Will “Victory Gardens” Make Comeback As Global Food Crisis Worsens?
By Tyler Durden Spring in the Northern Hemisphere is two weeks away, and interest in planting gardens could rise as the breadbasket of Europe was…