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“US consumers’ outlook on their longer-term financial situation has deteriorated to the worst level in over a decade.” #recession … #GFC2 US #Consumer edition Just a "vibecession", right? 🙃 https://t.co/JkqRlanAj8 — Invariant Perspective (@InvariantPersp1) October 14, 2024 Flows turned negative for HY BofA pic.twitter.com/7sVRTRIzyx — Win Smart, CFA (@WinfieldSmart) October 14, 2024 JUST IN: OPEC …
Recent reports indicate the economy is forecasted to contract by 0.2% in 2024, a significant drop from earlier growth projections. The downturn is driven by the loss of Russian energy supplies and broader global economic challenges. As Europe’s largest economy, this poses major concerns for the broader Eurozone. BREAKING: 🇩🇪 Germany in recession – Bloomberg …
Tennessee has recently experienced its largest drop in hotel tax revenue since the COVID-19 pandemic. This decline raises concerns for Airbnb and the short-term rental market, potentially signaling decreased demand. Economic factors, shifting travel trends, and competition from traditional hotels may be contributing to the reduced revenue, hinting at challenges for the state’s tourism and …
by Mike Maharrey Led by North American funds, gold-backed ETFs reported net inflows of metal for the fifth straight month in September. Globally, ETFs reported a net 18.4-ton increase in gold holdings last month. Collectively, gold ETFs held 3,200 tons of gold as of September 30. A combination of gold inflows and rising gold prices …
Recent data shows that over 4.5 million Americans aged 18-25 use marijuana daily or nearly daily. Among these users, about one-third experience symptoms of cannabis use disorder, with 16.6% reporting significant signs of dependence. This highlights concerns about the increasing prevalence of cannabis-related issues among young adults. https://x.com/EdwardConard/status/1842269729701900617 https://www.hhs.gov/about/news/2023/01/04/samhsa-announces-national-survey-drug-use-health-results-detailing-mental-illness-substance-use-levels-2021.html https://www.cdc.gov/cannabis/health-effects/cannabis-use-disorder.html https://www.samhsa.gov/data/sites/default/files/reports/rpt42731/2022-nsduh-main-highlights.pdf h/t Perfect_Alarm_2141
The Daily Gold, Released on 10/11/24 The miners had a strong week as GDXJ and SILJ gained 2% on the week and Silver lost 2% and Gold gained only $8/oz.
The United States is sending an advanced missile defense system to Israel, along with about 100 American troops to operate it, the Pentagon announced on Sunday. It is the first deployment of U.S. forces to Israel since the Hamas-led attacks there on Oct. 7, 2023. President Biden directed Defense Secretary Lloyd J. Austin III to deploy the Terminal …
Tim Walz, Kamala Harris’ running mate, has landed in hot water as shocking allegations emerged on social media. In what is now being labeled as the “big October surprise” for the Harris campaign, a user, going by @DocNetyoutube, accused Walz of having an ‘inappropriate’ relationship with a male student during his time as a professor and …
Dave Rubin of “The Rubin Report” reacts to a DM clip of a black woman telling the truth about the black community of Chicago reaching its breaking point with the migrant crisis and turning on the Democratic Party. Democrats you’re being exposed! This man was out protesting this morning in West Palm Beach, FL, flying …
“They start all the wars, they are behind everything happening now”. Former environmental cleanup contractor who went bankrupt after the Biden administration cancelled his project to clean up Tampa Bay says Cargill is the real financial power behind everything, and behind them is the Vatican. At the end the interviewer starts interrupting him to “educate” …
Initial Reports of a Mass Casualty Incident in the Binyamina Area of Haifa, with at least 15 Injuries, many Critical, after a Drone Impacted a Populated Area without any Warning. pic.twitter.com/7v4P4SJWeA — OSINTdefender (@sentdefender) October 13, 2024 #BREAKING 🚨 Stretchers are prepared amidst chaos at the “Golani Brigade” base in “Binyamina,” to transport the high …
I can do “whatever I want” with Bitcoin? I can’t buy food, clothing or pay my mortgage with it. I can’t pay my taxes with it. I can’t use it to invest into Microstrategy (not that I want to). Brokerages don’t take bitcoin. If I want to protect my purchasing power, I am “forced to invest”. …
by Mike Maharrey Russia plans to introduce central bank digital currency for public use next year. This is another step forward toward a completely cashless society and a step backward for financial privacy. According to a press release from the Bank of Russia, digital rubles will be available to the public by July 1, 2025, and the …
“They sent Obama to come get us and bring us back to the Democratic Plantation!” “N**ga, shut up! You don’t speak for me! You don’t speak for a lot of us!” THIS ENTIRE VIDEO IS SPOT ON!!!! MUST WATCH & SHARE 🔥🔥🔥🔥 pic.twitter.com/8cf9kbjD3A — TONY™ (@TONYxTWO) October 11, 2024 “They sent Obama to come get …
The number of US bankruptcy filings of big companies reached 512 in 2024 through September, the 2nd largest 2010 – only 6 below 2020. Dow jones Update✍️ End game nearing. 2025 ain't gunna be pretty. Market will exhaust all avenues to gather as much of cattle possible before it heads to the abattoir. Who's prepared? …
2/ pic.twitter.com/K4iw2lD4tY — Lord Bebo (@MyLordBebo) October 13, 2024 4/ https://t.co/wXFb5TNwee — Lord Bebo (@MyLordBebo) October 13, 2024 IDF used chemical weapons on UN peacekeepers
NEW: CNN panel gasps as Scott Jennings roasts Tim Walz’s “hunting cosplay,” says Democrats care more about “dudes who wanna become women than dudes who just wanna be men.” They gasp because it’s true. “This gender gap issue is real. It’s a real problem. And you see the Democrats reacting to it.” “Democrats care more …
Bjarne Schieldrop, Chief Commodities Analyst at SEB, discusses the outlook for the energy sector, and a “worst-case” that could cause an oil market shock and send prices beyond $200 a barrel.
The historic San Francisco Church in Iquique, Chile, the country’s first Catholic church and a national monument, was destroyed by fire on October 11, 2024. Authorities are investigating the cause, but no casualties have been reported. The church had been a significant cultural and religious landmark in Chile. The first Catholic church built in Chile …
Harmeet Dhillon: The Shocking Origin Story of Kamala Harris and All the Crimes She’s Committed
NEW: The Young Turks producer Ana Kasparian says she left the Democratic party after she was mol*sted by a homeless man with an er*ction in Los Angeles. Kasparian said she was shamed by liberals for stating that she felt fearful to leave her house after the incident. Kasparian… pic.twitter.com/R1Ds980urO — Collin Rugg (@CollinRugg) October 12, …
The latest inflation report contained bad news for banks. They’re deeply underwater, and still sinking – in such bad shape that even the head of the SEC doesn’t want anyone looking too closely… Image CC BY-SA 3.0 via Wikimedia Commons The first inflation report since the Fed’s September interest rate cut begged some questions… Since …
by confoundedinterest17 There have been to significant jumps in the Federal Debt. The first coming after the financial crisis of 2008 and election of Obama/Biden in 2008. The second with the outbreak of Covid in 2020 and the election of Biden/Harris in 2021. The Federal (public) debt was just over $10 million when Obama/Biden were …
On October 12, 2024, a series of cyberattacks targeted critical Iranian infrastructure, including nuclear facilities, government sectors, fuel distribution, and ports. These attacks have caused major disruptions across multiple sectors. Many believe the cyber assaults could be a form of retaliation by Israel for Iran’s missile strike on October 1. https://english.mathrubhumi.com/news/world/cyber-attack-against-iran-nuclear-facilities-israel-hand-suspected-1.9981117 https://economictimes.indiatimes.com/news/defence/massive-cyberattacks-strike-irans-nuclear-facilities-and-government-agencies-is-israel-behind-it/articleshow/114192558.cms
Everyone sees the problems, but solutions are few and far between. Brandon Smith of alt-market.com thinks we shouldn’t give up yet. He cuts through the hand-wringing and proposes a radical plan to put the U.S. economy back on track… Photo by ThisisEngineering From Brandon Smith Alternative economists have been predicting a list of specific instabilities in the …
Authored by Charles Hugh-Smith via oftwominds, The core skill going forward–frugality–is largely a forgotten skillset. Time to get busy while we still have time. There are core systemic dynamics that are impervious to technological or financial gimmicks, and as they play out, a hard rain is going to fall: 1) The credit-business cycle. The credit-business cycle …
On October 11, 2024, a large group was seen looting a cargo train in west Chicago. Looters broke into train containers, stealing items like electronics. The chaotic scene involved quick action by the thieves, and police were dispatched to handle the situation. 🚨#BREAKING: Dozens of people are actively looting and breaking into a cargo train …
Manuel Adorni, Argentina’s Presidential Spokesperson, has revealed that the government will introduce a “suitability test” for 40,000 state employees on temporary contracts. Those who do not pass the test will not have their contracts renewed. This measure is part of a broader initiative to improve the professionalism and efficiency of the public sector. The test, …
People will never believe anyone telling them the economic crash is coming, until it's over. All these people sitting on million dollar properties and fake profits from the Mag 7 are about to realize they were fooled, and it is never… different this time. — Financelot (@FinanceLancelot) October 11, 2024 "As of July 1, EPS …
A data scientist who constructed a model to predict who will win the 2024 presidential election says Donald Trump has surged ahead in the last week. Dr Thomas Miller from Northwestern University runs a website called The Virtual Tout, where he posts daily electoral vote forecasts. He also maps these predictions onto a graph with …