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Having suddenly and ultra-aggressively turned on it people with the most draconian restrictions of any nation in the world so far since COVID arrived on the scene in some Wuhan bat-soup, this week has seen the proletariat starting to fight back as food shortages hit and life inside their apartment prison cells becomes unbearable. The CCP demanded “Control your soul’s desire for freedom. Do not open your window or sing,” after Shanghaians began to scream for help. 🇨🇳 Chinese authorities sending drones over to Shanghai and sounding messages: “Please comply w covid restrictions. Control your soul’s desire for freedom. Do...

During an interview with CNBC Thursday afternoon, Hayman Capital founder Kyle Bass joined Jeffrey Gundlach and other astute observers of the market by postulating that the Fed won’t be able to succeed with its planned 4 interest-rate hikes by the end of the year. “Gundlach said that the Fed could get to 1.5% on the Fed funds rate, which might happen in the next 12 to 18 months. But that would trigger a recession,” he said. But by the time the Fed gets to the second hike, markets will tank, forcing the central bank to backtrack. Kyle Bass agrees with...

Following the latest hot inflationary print, more investors are becoming skeptical of the Fed's view that inflationary pressures are "transitory". Yesterday, famed investor Paul Tudor Jones lamented the deluge of money pumped into the financial system by fiscal and monetary policymakers, and warned that markets might go "bat sh*t crazy" after Wednesday's FOMC press conference, which PTJ believes could be the most important meeting of Chair Jerome Powell's tenure, as the Fed sees its grip on a rapidly overheating economy start to slip. On Tuesday morning, billionaire hedge fund investor Kyle Bass warned during an appearance on CNBC that official...

Rachael LevyJuly 1, 2016 "We are facing the largest macro imbalance in global history." That's according to Kyle Bass, founder of hedge fund Hayman Capital Management. Investors better prepare for a Chinese crisis that will mimic what happened in the US mortgage crisis, Bass said in a Friday interview with Real Vision Television. "When I look at what's happening now in China, the amplitude of what's happening is two, three, or four times what happened in the US," he said. Here are Bass' main points: •The Chinese are going to have to accept a devaluation of the yuan. • When...

Central Banks China Federal Reserve Hayman Capital Kyle Bass Kyle Bass Lehman Monetary Policy Reality Recession Yuan Hayman Capital founder Kyle Bass sat down recently for a conversation with Maria Bartiromo and Gary Kaminsky on Wall Street Week. He covered a variety of topics such as NIRP, income inequality, and the U.S. presidential race. As our regular readers know, Kyle correctly predicted the housing crisis, and is now calling for the yuan to be dramatically devalued. On the growing use of negative interest rates as a central bank policy tool, he pointed out that while the central planners have their...

The lack of faith in central bank trustworthiness is spreading. First Germany, then Holland, and Austria, and now - as we noted was possible previously - Texas has enacted a Bill to repatriate $1 billion of gold from The NY Fed's vaults to a newly established state gold bullion depository..."People have this image of Texas as big and powerful … so for a lot of people, this is exactly where they would want to go with their gold," and the Bill includes a section to prevent forced seizure from the Federal Government. From 2011: "The University of Texas Investment Management...

KYLE BASS: Japan Will Have A Bond Crisis Because It Takes 31 Million Years To Count To 1 Quadrillion Joe WeisenthalDecember 27, 2012There's a video floating around of Kyle Bass reiterating his case that Japan is going to go bust. His first reason: Because Japan has 1 quadrillion yen worth of debt, and it would take you 31 million years to count to one quadrillion.(Click to the site to see the video)

Kyle Bass NAILS It: Revised GNP Figure Is Exact Number He Predicted Courtney Comstock Aug. 27, 2010, 11:08 AM Last week on CNBC, hedge fund manager Kyle Bass predicted the Commerce Department's growth estimate for the 2nd quarter would end up coming in at 1.6%. Until today, the Department had stuck to its estimate of a 2.4% growth; Bass said on CNBC that it was too optimistic. He, like others, predicted a downward revision. Bass said it'd be 1.6%. He was exactly right. FrontBurner noticed Bass' awesome call: This morning, the Commerce Dept. issued a revision: the 2nd quarter figure...

Gold Is Going Totally Wild, As Traders Place Big Bets Against "The House" Joe Weisenthal May. 12, 2010, 6:59 AM "The House" is central banks and paper currencies. Against the dollar, gold is up over $10/oz to over $1242. That's $40/oz higher than where it closed Monday, when Kyle Bass apparently bought in.[snip]