Heads Up

The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.

Buffett seems to have a knack for these sorts of times. He may be noticing some overvaluation and unmitigated risks

Buffett seems to have a knack for these sorts of times. He may be noticing some overvaluation and unmitigated risks: https://t.co/LRIl4NJT7m — Reef Insights (@ReefInsights) August 14, 2024 https://twitter.com/RJRCapital/status/1823836532706594998 Warren Buffett 13F pic.twitter.com/f7DlJReMh2 — Win Smart, CFA (@WinfieldSmart) August 14, 2024 Consumer sentiment tumbles as ‘recession-like’ symptoms spread among Americans Consumer sentiment in the U.S. …

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Harris camp under fire for manipulating news headlines

Kamala campaign is rewriting Google news headlines, very shady. The Harris campaign has been editing news headlines and descriptions within Google search ads that make it appear as if the Guardian, Reuters, CBS News and other major publishers are on her side, Axios has found. Why it matters: It’s a common practice in the commercial advertising world that …

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It Became Necessary to Destroy the Global Economy to Save It

Authored by Charles Hugh-Smith via oftwominds, As the high generated by the previous iteration of financial repression wears off, the dose increases, as do the stakes when that high wears off. You’ve no doubt heard “We had to destroy the village in order to save it.” The original quote noted by reporter Peter Arnett in 1968 was “It …

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Rising food prices hit record highs; nearly one in four U.S. renters skipped meals to afford rent.

The rising cost of living, particularly food prices, has been a significant issue. According to recent data, food prices have reached record highs, impacting many households. A survey conducted by the Urban Institute found that nearly one in four renters in the U.S. reported skipping meals in the past year to afford their rent and …

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White and Asian men are not able to apply for Apple’s new “Entrepreneur Camp”. This is blatantly illegal and @Apple isn’t even bothering to hide it.

This is blatantly illegal and @Apple isn't even bothering to hide it. The link it still up:https://t.co/Jcv7Uy88Su — End Wokeness (@EndWokeness) August 13, 2024 I truly don't get it… I hoped there was a general application schedule but, wow, it is intentional to only grant access to certain profiles. This is about work, quality of …

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Trade services drop sharply in July; Home Depot warns of weak economy

Trade Services: The claim about trade services seeing the second-largest drop on record (-1.3%) in July and now being negative year-over-year is accurate. This reflects a significant decline in margins received by wholesalers and retailers. Economic Data Surprises: Economic data surprises have indeed been weak for several months, indicating that economic indicators have been consistently …

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Risk appetite hits one-year low at -10% in August; investors shift to bonds, cash, healthcare, as VVIX sees historic decline.

Risk appetite has fallen for a third successive month in August … down to a one-year low of -10% in August from -5% in July pic.twitter.com/s9jGWi2DOw — Win Smart, CFA (@WinfieldSmart) August 14, 2024 Investors increased allocation to bonds, cash, and healthcare … and reduced allocation to equities, Japan, Eurozone, and materials pic.twitter.com/z1TKlEbaF2 — Win …

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CNN selectively edits Elon-Trump exchange on nuclear energy; mainstream media distorts truth, but X reveals reality.

🚨🇺🇸CNN SELECTIVELY EDITS ELON-TRUMP EXCHANGE ON NUCLEAR ENERGY It seems mainstream media really doesn't want to show the truth anymore. Thankfully, with X, we still can see the truth. CNN Reporter: "So that was more Elon Musk than Donald Trump, suggesting that what happened… pic.twitter.com/P3OFVcJWss — Mario Nawfal (@MarioNawfal) August 14, 2024 OMG watch this …

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Inflation falls to 2.9%, lower than expectations.‬ Consumer price growth has slowed to its lowest levels in the post-pandemic period.‬ ‪The first interest rate cuts since 2020 should come in September.‬

by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% higher than 4 years ago. …

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United Auto Workers Union Files Federal Labor Charges Against Trump and Musk After Successful Twitter Space Discussion, Alleging Worker Intimidat

United Auto Workers Union Files Federal Labor Charges Against Trump and Musk After Successful Twitter Space Discussion, Alleging Worker Intimidation Read the statement below: 🧵UAW Files Federal Labor Charges Against Donald Trump and Elon Musk for Attempting to Intimidate and Threaten Workers — UAW (@UAW) August 13, 2024 The UAW has filed federal labor charges …

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Secular Tech recession looms: Cloud bubble bursts, mega cap Tech faces overvaluation and poor earnings performance.

I now predict something that is not priced into ANY Wall Street earnings model: A secular Tech recession. I base this on the fact that the Cloud outsourcing bubble that began during the pandemic is now four years old and encompasses the last manic AI melt-up phase. Which will… pic.twitter.com/8Bbv8hmzj9 — Mac10 (@SuburbanDrone) August 13, …

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Housing Sales Crashing in Florida

by Odd_Personality_1514 We’re in the middle of trying to sell our home here in southern Miami – Kendall. Just one year ago you couldn’t find a home to buy. Whenever a home went up, it’d sell in days, after bidding wars. Today, there still aren’t that many homes for sale, but the buyers have evaporated. …

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Chinese immigrants have seen people like Kamala before.. they’re experts when it comes to communism. That’s why they support Trump.

Xi Van Fleet has been warning of the Marxist infiltration in the education system for years now! Worth a watch. https://t.co/814OLArg6T — Uncommon Sense (@Uncommonsince76) August 13, 2024 🚨 Did this Washington Post “reporter” just ask @PressSec if the Biden regime could INTERVENE and stop Trump’s interview with @elonmusk on 𝕏?! “I think that misinformation …

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Zelensky’s Kursk raid backfires: entire Ukrainian BTR-4E column destroyed by former Wagner fighters; Russian advance accelerates.

The reported destruction of a column of Ukrainian BTR-4E armored personnel carriers by former Wagner PMC fighters highlights the ongoing conflict and its devastating impact. Meanwhile, Russia’s advances in the East add further complexity to the situation. The utterly unsustainable insanity of Zelenskys Kursk raid is laid bare. An entire column of 7 Ukraianian BTR-4E …

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Big Short Redux CMBS Style, Top AAA-rated CMBS Experienced $40 Million Loss In May (First Time Since 2008 Financial Crisis)

by confoundedinterest17 Is this The Big Short, CMBS style? The delinquency rate on commercial mortgage-backed securities (CMBS) for offices spiked to 8.1% in July, the highest in 11 years. The delinquency rate of office CMBS loans has QUADRUPLED in 1.5 years. Delinquencies are currently rising at a faster pace than during the 2008 Financial Crisis. …

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Colbert calls CNN ‘objective’ – his audience laughed.

Colbert replies to audience, “ No, really, that wasn’t a joke”. The audience laughs again. It’s pretty bad when Stephen Colbert’s audience knows it’s true. OMG watch this clip. CNN selectively cuts part of the Elon/Trump conversation about nuclear energy last night to make it seem like they were saying that the bombings of Hiroshima …

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FBI seizes Radar ransomware servers and domains; global law enforcement’s major win against cybercrime.

The FBI’s successful seizure of the servers and domains belonging to the ransomware gang Radar (also known as Dispossessor) is a significant development in the ongoing battle against cybercrime. This group, which has been active since August 2023, employed tactics such as exploiting security vulnerabilities, stealing data, and employing “double extortion” methods to demand ransoms …

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Last night Trump endorsed the idea of eliminating the Department of Education!

🧵 I remember meeting Betsy DeVos for the first time at the White House Christmas party and that uncomfortable moment when I told her I was trying to eliminate her department. To my surprise she quietly agreed. She said publicly this week she would eliminate the department! pic.twitter.com/sca0GlpJfI — Thomas Massie (@RepThomasMassie) August 13, 2024 …

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Treasury accused of juicing economy: short-term debt rises, federal debt eclipses military spending.

The Treasury Department is being accused of trying to juice the economy, per Axios. "Short-term debt is becoming a rising share of all outstanding debt, while the share of long-term debt, like 10-year or 30-year bonds, stays flat." — unusual_whales (@unusual_whales) August 13, 2024 We spent 33% more on servicing the federal debt than on …

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We’re so obsessed with rate cuts that we’ve forgotten to worry about the rapidly slowing economy. Corporate America now giving dire warning

US PPI Final Demand (M/M) Jul: 0.1% (est 0.2%; prev 0.2%)– PPI Ex Food And Energy (M/M) Jul: 0.0% (est 0.2%; prev 0.4%)– PPI Final Demand (Y/Y) Jul: 2.2% (est 2.3%; prev 2.6%)– PPI Ex Food And Energy (Y/Y) Jul: 2.4% (est 2.6%; prev 3.0%) — LiveSquawk (@LiveSquawk) August 13, 2024 Futures on a tear …

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Exposure at Hedge Funds has skyrocketed by 24.5% in the span of just one year to $28,579,000,000,000

By Pam Martens and Russ Martens: August 12, 2024 ~ According to a report at the U.S. Treasury’s Office of Financial Research (OFR), the Gross Notional Exposure at hedge funds has skyrocketed by 24.5 percent in the span of one year: from $22.946 trillion on March 31, 2023 to $28.579 trillion on March 31, 2024. (Run your cursor along the …

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