HEADS UP – Reports of Undrinkable SMELLY DISCOLORED WATER In New Jersey…

New Jersey utility confirms smelly and discolored water but declared it's safe to drink while residents are starting to only consume bottled water We have seen many UFOs around New Jersey reservoirs, so maybe this is not a coincidence! pic.twitter.com/3rJ3cwiOuI — Rony Vernet 🇧🇷 (@RonyVernet) December 21, 2024 And.. A New Jersey mayor recently shared …

READ MORE

Panic selling has returned. Global yields looking ominous. Europe and China in serious trouble.

In the week ending December 18th, on Wednesday when the Fed cut rates, panic selling returned. Large-cap funds saw $20.9 billion of outflows, ending a 6-week streak of inflows. Outflows in small-cap, multi-cap and mid-cap funds were $5.4 billion, $3.9 billion and $2.9 billion. pic.twitter.com/q0etlJoGlq — The Kobeissi Letter (@KobeissiLetter) December 21, 2024 Many were …

READ MORE

Armstrong: Now is the Time to Stockpile Cash

by Martin Armstrong  COMMENT: Marty, I don’t know how your computer does it, but it called for high in stocks, gold, and a coming recession. At the WEC, you said rates would decline into 2025, but not dramatically, because of the war. You also said the dollar was not dead. You said Trump would not have …

READ MORE

Corporate bankruptcies and defaults accelerating, unemployment continues to rise, and spreads blow out. The 442,000 jobs added in Q2 will likely be revised NEGATIVE in February 2025

Corporate bankruptcies and defaults accelerating, unemployment continues to rise, and spreads blow out. Especially, after Powell said “we’ve avoided recession” and S&P Global is expecting the speculative-grade default rate to fall to 3.5% by September 2025. Moody’s pointed out… https://t.co/9tn3htvQQI pic.twitter.com/kPNU1t3OTz — WarnTracker 2.0 (@j77324) December 21, 2024 This is concerning: Non-farm payroll employment in …

READ MORE

Because some people matter more than others.

by External-Noise-4832 AP – The man accused of killing UnitedHealthcare’s CEO was whisked back to New York by plane and helicopter Thursday to face new federal charges of stalking and murder, which could bring the death penalty if he’s convicted. Parkland Shooting – The jury’s decision to recommend life in prison and not the death penalty for …

READ MORE

The Fed Admits Inflation Mistake, then Repeats It

Happy holidays! Not everyone’s got the Christmas spirit, though… In fact, Fed Chair Jerome Powell just handed out lumps of coal to everyone this year, and savers and investors alike are reeling. Here’s what happened… By Peter Reagan Key takeaways The Fed recently cut interest rates despite high inflation, low unemployment and positive GDP numbers Fed Chair …

READ MORE

The Brave New World? Job Finding Rate Collapses As Philly Fed Business Conditions Plummet

by confoundedinterest17 It is a brave new world as the US attempts an Argentina-like shift from an over-regulated, corrupt economy to a more free economy. While Argentina has Javier Milei, the US is stuck with greedy Democrats and RINOs and their bloated spending sinking any attempt to cut wasteful spending. So as we transition from woefully …

READ MORE

Brazil is COLLAPSING and it’s Spreading to the Rest of the World

There’s more to the Brazil story, especially since Brazil’s story isn’t strictly about Brazil. With markets there spiraling into chaos, the government is down to blaming ‘speculators.’ If that’s the case, then speculation has gone global in a lot of critical ways. From currencies to job findings plunging, even something real like the Baltic Dry …

READ MORE

Senator Rand Paul exposes ultra-rich Hollywood members, including Cage, Damon, Collins, receiving government insurance.

Finally, someone in DC is calling out the elites for their hypocrisy. Rand Paul is a true champion of the people, exposing how the ultra-rich get special treatment while we foot the bill. I'm sick of these Hollywood moguls and politicians living large off our tax dollars. If… — Stop Socialist Tyranny (@endlibtyranny) December 21, …

READ MORE

Mortgage-yield spread signals rising consumer risk, hinting at economic downturn pressures. 30 year average US mortgage rates are above 7% again! Dow Jones 1929 vs 2024 update

My take is that 30yr mortgage is in a pause before heading higher. — Alistair (@kiwiangloameric) December 21, 2024 BREAKING: 30 year average US mortgage rates are above 7% again, per Mortgage News Daily. — unusual_whales (@unusual_whales) December 21, 2024 $500 billion for 5 days? 🤨 https://t.co/RkcFxJ0OGq pic.twitter.com/NXfcFpSr3f — Financelot (@FinanceLancelot) December 21, 2024 Extremely …

READ MORE

California’s job market weakens; Nevada faces early labor market recession signs.

California’s job market worsens: employment drops, unemployment rises, labor force shrinks. https://t.co/ANUo7WJBMK — WarnTracker 2.0 (@j77324) December 20, 2024 Nevada’s labor market shows recession signs: employment declines monthly since June. It 100% is. The entire situation is just getting worse, and frankly, nothing is being done besides tax abatements that aren't doing much. They should …

READ MORE

DC elites underestimate Elon and DOGE, not grasping his disruptive power… Scott Jennings: It’s not the tweets; it’s how people react, engage.

DC Elites Are Underestimating Elon and DOGE, and This Week Proved It@levie explains: "There's been this underlying notion of like, @elonmusk et al. don't understand the government enough to be able to change it." "And it might actually be the case that the government doesn't… pic.twitter.com/LqMpBWLXSW — The All-In Podcast (@theallinpod) December 21, 2024 President …

READ MORE

The December Dip That Was A Week Late

by Tom McClellan December 20, 2024 Back on Nov. 14, 2024, I noted in a Chart In Focus article that the current market’s price path was looking a lot like both 1964 and 1980.  It seems appropriate to review the progress since then.  This week’s chart looks again at that 1980 comparison. 1980 was when …

READ MORE

People think the yield curve is broken as a recession indicator. People are dumb. The recession kicks off AFTER the curve UNINVERTS. So 2025 is looking bad.

Conference Board: the leading economic index rose in Nov for the 1st time in over 2 years and now no longer signals an impending recession; the increase (which immediately followed the presidential election) was driven mostly by surging equity prices: pic.twitter.com/xqKrZuBtvi — E.J. Antoni, Ph.D. (@RealEJAntoni) December 20, 2024 h/t mark000

Builders are dealing with the most unsold inventory since the Great Finance Crisis. 2008 all over again.

"builders are dealing with the most unsold inventory since the Great Finance Crisis" — Darth Powell (@VladTheInflator) December 20, 2024 Home builders across America like Lennar and DR Horton are issuing massive warnings about the US Housing Market in 2025. Most recently, Lennar signaled a big decline in revenue YoY and a huge pile-up of …

READ MORE

Fed rate cuts fail to lower 30-year mortgage rates, likely worsening. Credit spreads widened before and after the Fed meeting, reaching stress level. Cattle ignoring bonds.

1. The thought is the Fed could make homes more affordable by cutting interest rates So far, mortgage rates are doing opposite, and rising instead Why? Because mortgage rates move with the yield on the 10-year Treasury, which has surged this week pic.twitter.com/zk0c3UJi9Y — Michael Burry Stock Tracker ♟ (@burrytracker) December 20, 2024 3. A …

READ MORE

Dow Jones bounced off major trend-line, lower high expected before decline. Trump rings the bell at the NYSE, and stocks collapse after.

Dow jones Update Keep it simple. Bounced off major trend-line (text book) Lower high expected over the weeks before it lets go. Unless it simply lets go. pic.twitter.com/hfCoiv0HnG — The Great Martis (@great_martis) December 20, 2024 https://twitter.com/leadlagreport/status/1870078316029313153 …..and how do you conclude "Soft Landing" based on this? Give me your best shot 💪 ["This time …

READ MORE

No soft landing for real estate: Mortgage rates rise despite Fed’s three rate cuts. Home prices are contracting sharply. Home builder lenar just said road ahead will be choppy

What have we learned from the market this Fall? There are 2 paths forward for Real Estate and both are painful: 1. Higher rates, stagnant market, layoffs, prices grind flat or down 2. Lower rates that come when the economy collapses, not because the Fed waves a magic wand — Amy Nixon (@texasrunnerDFW) December 20, …

READ MORE

China’s 2-year government bond yields drop below 1%, economy is rapidly slowing. Second largest economy in world DEFLATING now.

For reference, Chinese yields are already lower than during the peak of the Great Financial Crisis and the pandemic meltdown. Something huge is happening in China – and we should pay attention. 2/ pic.twitter.com/zwWT9y7jsQ — Alf (@MacroAlf) December 20, 2024 The Chinese private sector debt as a % of GDP has exploded north of 200%, …

READ MORE

A devastating market correction is imminent after two years of a bull run, with the largest ETF outflow in 4 months. The topping process is nearly complete.

My fear is that too many people are not prepared for a market correction 2 years of a Bull Market has created the mentality that every dip is just an opportunity to buy It is not. We are in Wave 5, the Bull Run is coming to an end The only question now is whether …

READ MORE

OH SH*T: A Global Currency Crisis Has Begun

While everyone is hanging on the Fed and the FOMC’s indecision about how many rate cuts next year, there are currency crises – plural – beginning to break out in key places. One of those is Brazil where it has gotten so dangerous the country’s central bank is now regularly intervening in FX spot markets. …

READ MORE

Bitcoin and crypto have no value, generate no cash flow, and fuel harmful speculation. A transfer of 8.32 BTC cost 8.18 BTC in fees, losing 98.3%.

1/3 #bitcoin and all of crypto is 🐀 poison, has ABSOLUTELY no value, generates no cash flow, and has no use case beyond harmful speculation (b/c it sucks up valuable resources – i.e., capital that could be used to fund useful assets and valuable energy resources)… https://t.co/L2MTGOyPFw — Gordon Johnson (@GordonJohnson19) December 20, 2024 3/3… …

READ MORE

Not only is Stephen Kevin Bannon an (actual) freaking genius, dude gives the greatest speeches of all time. This is seriously combustible. Go bannon, go.

Bannon: Trump is a kind-hearted, good man. Me? I’m not. I want real retribution. With Mike Davis, I’m going after the criminal conspiracy that tried to bankrupt, imprison, and assassinate Trump. We’ll investigate, prosecute, and put the guilty in prison where they belong. pic.twitter.com/8eRLiY4NlB — Bannon’s WarRoom (@Bannons_WarRoom) December 20, 2024 Bannon full speech at …

READ MORE

UBS Forecast Has Bad News on Inflation, Good News for Gold

Recent forecasts predict a resurgence in inflation – and many believe the Fed is considering a higher-for-longer rate of inflation as the “new normal.” That’s just one reason analysts are anticipating gold will hit $3,000 in the months ahead… By Peter Reagan This week, Your News to Know covers: UBS gold will hit $3,000 next year …

READ MORE

HOA’s Are RUINING Affordable Neighborhoods!

84% of newly built and sold homes as of 2022 were all part of an HOA or Homeowners Association. This is a worrying trend because a lot of homebuyers don’t want to be a part of an HOA and many people who live in one now want to escape it. But these communities are ruining …

READ MORE

Long-term Bitcoin holders sold; highest supply volumes since 2018 bottom. Over $1.1 billion liquidated from cryptocurrency market in 24 hours.

Remember when all those folks told you the Long-Term Holders never sell their $BTC? Yeh, they lied to you. Largest revived supply volumes since the 2018 bottom, and the BCH hard-fork (aka the biggest volume of old coins taking profit in a bull market ever). pic.twitter.com/1kwXbOkaI0 — _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) December 19, 2024 This is …

READ MORE

Gut the SEC and CFTC

by Martin Armstrong No government agency will willingly surrender power once it is in their grasp. Every other nation has ONE REGULATORY body, yet the USA has the CFTC and the SEC, plus the Federal Reserve over banks. If you obey the laws of one, you go to jail with the other. This hurts American …

READ MORE