by Martin Armstrong
Armstrong Economics
Inflation and migration are two major issues trending before the elections. A new Axios Vibes survey by The Harris Poll found that half (51%) of Americans want illegal immigrants out of the country. Despite the calls for Sanctuary Citizens and open borders, people on the left and right now believe that illegal migrants must leave this nation.
Around 68% of Republicans said that they would support mass deportations of undocumented migrants, and surprisingly, 42% of Democrats agreed, along with 46% of the Independent vote. The left has attempted to frame this as a racist ideology, but 45% of Latino voters also agree that mass deportations must happen to keep the country safe. People in almost every generation share this sentiment, with 60% of Boomers, 52% of Gen X, and 48% of Millennials in favor of this measure. Gen Z is the only generation that does not understand the need for mass deportations, with only 35% supporting the measure.
(Reuters) – Gold prices firmed on a weaker dollar on Thursday, even as U.S. Treasury yields rose after economic data showed signs of persistent inflation, lowering hopes of the Federal Reserve cutting interest rates anytime soon.
April 22 was Earth Day.. Brain-dead “President” Biden issued a proclamation about it. This said:
They’re wearing us down with shocking headlines and opinions. They come daily these days, with increasingly implausible claims that leave your jaw on the floor.
Ukrainian President Volodymyr Zelensky revealed that the United States and Ukrainian governments are “working on a bilateral security agreement” that would result in sending additional monetary aid to Ukraine over the next ten years.
Just 15 percent of Americans approve of the job Congress is doing. But why is it broken and how do we fix it? Those are two of the questions Reason’s Nick Gillespie asked Justin Amash in February at Students for Liberty’s LibertyCon. Amash, the Palestinian-Syrian-American former five-term congressman from Michigan, is now running for Senate as a Republican.
A recent article published by AT ended with the following ominous sentences: “If the USA is unlikely to become once again an overwhelmingly Christian nation (and this seems to be the case), where will we turn for a new morality? Is it possible that we are now entering a century or so of moral anarchy?”
The UK government is updating the constitution of the National Health Service specifically to expunge the creeping effort to ‘transition’ medical language by radical gender ideologists.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that gold’s historic acceleration phase has already begun and investors should expect a great deal more aggressive action to the upside.
It appears that the people running our system have decided that it is time for a wave of consolidation in the banking industry. A key program that was keeping U.S. banks afloat was allowed to expire last month, and everyone knew what that would mean. On Friday, the FDIC quietly announced that Republic Bank had been seized and a sale to Fulton Bank had already been arranged. Have you noticed that they often try to announce bad news like this on Friday? By the time news of the failure of Republic Bank broke, many people had already started their weekends. And the FDIC probably assumes that most people will have forgotten all about this by the time Monday morning rolls around. But this was a big deal, and it is inevitable that more dominoes will soon start to fall.
Behind the facade of normalization, even high-income lifestyles have been ghetto-ized.
According to this morning’s dismal publication from the US Bureau of Economic Analysis, US GDP growth crashed to just 1.6%, while inflation keeps rising at a 3.4% rate.