Independent thinking for complex markets and current events
The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.
I know my taxes went down. Filing single with an income of about $38,000 a year I got to keep about $600 more a year. Not only did the tax rate go down by 3% but the standard deduction doubled. The “rich” lost a lot of deductions through the law and high tax states pissed …
It’s outrageous to learn that a Bureau of Labor Statistics economist has been allegedly leaking crucial inflation data to select financial giants like $JPM and $BLK. Despite the BLS denying the existence of these so-called “super users,” evidence suggests otherwise, prompting justified shock from economists like Ian Shepherdson. The gravity of this situation cannot be …
Traders build largest short position on Emerging Market Dollar Bonds in more than a decade pic.twitter.com/U9o9M39LYF — Win Smart, CFA (@WinfieldSmart) April 10, 2024 The recent financial tremors emanating from China have sent shockwaves through global markets. Traders are exhibiting unprecedented caution, as evidenced by the largest short position on Emerging Market Dollar Bonds in …
The outlook for small business sales is beginning to decline, historically signaling a challenging macroeconomic environment. The Small Business Optimism Index plummeted to its lowest level in March since December 2012, marking the third consecutive decline and the 50th consecutive month below the 50-year average of 98. Small biz sales outlook starting to deteriorate… Historically …
The increasing elderly population in the United States is driving a high demand for long-term care workers, with an estimated 900,000 job openings in the sector. Facing a shortage of workers, many companies are considering hiring more migrant workers to meet this demand. While some advocate for expanding opportunities for migrants in the caregiving workforce, …
The primary reason prompting the Fed to consider cutting interest rates is the increasing cost of servicing the Federal debt, expected to approach 6% of GDP by year-end. A reduction of 150 basis points could decrease the interest payment by 33%, addressing severe debt imbalances. This environment favors hard assets like real estate, as seen …
Wow, just when you thought the livestock industry couldn’t get any more ridiculous, they go and feed ground-up chicken waste to cows! It’s like they’re playing a sick game of Russian roulette with our food supply, all in the name of cutting corners and making a quick buck. And now, surprise surprise, we’ve got a …
Market turbulence ensues as S&P 500 futures plummet nearly 100 points within minutes following March CPI inflation data. Rising inflation for the second consecutive month sparks concerns and fuels speculation about potential rate cuts. BREAKING: S&P 500 futures are now down nearly 100 points in less than 10 minutes after March CPI inflation. The 3.5% …
Investors are feeling nervous, as shown by the Goldman Sachs Panic Index hitting a high. Despite this, macro hedge funds are still heavily invested in U.S. stocks. Additionally, money managers are increasing their gold holdings, indicating a desire for safety in uncertain times. Goldman Sachs Panic Index jumped to its highest level since October pic.twitter.com/0WUIWvbsTa …
The idea of seizing Russia’s assets in the US and EU as a response to the ongoing conflict has sparked heated debate, with critics warning of dire consequences. Proposals to confiscate frozen Russian assets and divert them to Ukraine are not only shortsighted but could also spell disaster for the United States and its allies. …
The future of food according to one leading supermarket in the UK (no meat, nutrition via implants and lots more.. ) h/t Little Lost
Incredible. Russia is accusing the Biden Regime of using NGO’s to launder U.S. funds for Terror Attacks including the recent murder of 143 Russian Citizens. We need an immediate MORATORIUM on all Ukraine ‘War Funding’ pic.twitter.com/UtGk2Ho4jX — Liz Churchill (@liz_churchill10) April 9, 2024 HOLY SHIT… Russian MoD opened a criminal probe into senior US and …
Narrative about adolescent gender dysphoria, & the lie that kids must be transed or will kill themselves, is crumbling. Yet another study (2nd in 10 days) now reveals that yes, as we knew, these kids are struggling with a mental health issue instead. Cue the malpractice suits pic.twitter.com/4rqvsAJqmO — Sarah Parshall Perry (@SarahPPerry) April 9, …
“The View” co-host Sunny Hostin blamed Monday’s solar eclipse, Friday’s earthquake and the expected cicada breeding season on “climate change.” “All those things together would maybe lead one to believe that either climate change exists or something is really going on,” she said Monday. A 4.8-magnitude earthquake was felt across New York and New Jersey …
Financial instability grips communities nationwide, with a significant portion of households struggling with debt payments. In Phoenix, soaring evictions and bankruptcies signal a growing economic crisis. Current economic indicators point to a concerning trend of declining savings and stagnant interest rates, exacerbating inflationary pressures and paving the way for a potential recession. Wow – more …
by Graham Summers, MBA As I keep emphasizing, another round of inflation is coming. And the worst part? The Fed knows it, but is playing political games to boost the economy/ stock market for the Biden Administration. “But wait a minute, Graham,” you’re no doubt thinking, “the Fed’s preferred inflation measure is core-Personal Consumption Expenditures and that …
58% of people surveyed by Fannie Mae think it would be difficult to get a mortgage these days, 4% higher than in February. It is near the record of 60% share of respondents in October. US Housing affordability is near the historic low. pic.twitter.com/V7l3822s3m — Global Markets Investor (@GlobalMktObserv) April 9, 2024 Visualizing the U.S. …
The U.S. Stock Market is the most concentrated it’s been since the Great Depression pic.twitter.com/VpsGnsHJNY — Win Smart, CFA (@WinfieldSmart) April 9, 2024 The dwindling presence of small-cap stocks in the US equity market is ringing alarm bells reminiscent of the Great Depression era. Currently, these stocks represent less than 4% of the entire market, …
China's Real Estate Collapse At the heart of the decline in family wealth is China's real estate meltdown, which is having a pervasive effect on a society where 70% of family assets are tied up in property. Towards the end of last year, 34 of the top 50 Chinese property… pic.twitter.com/owUbTR8RjW — Reef Insights (@ReefInsights) …
Looks like there is going to be an influx of permanently blind and visually impaired people over the next few days. 🚨#BREAKING: Search results for ‘Why do my eyes hurt?’ and ‘My eyes hurt’ have exploded after the total solar eclipse occurred pic.twitter.com/qYl3cBvwBr — R A W S A L E R T S (@rawsalerts) …
Inflation seems to be spiraling out of control, with ominous warnings of 8% interest rates and rising gold consumption. Just think. Three months ago the street saw 6 rate cuts coming in 2024 😂 8% interest rates would put mortgage rates over 10% 💀 pic.twitter.com/KHsKDic2sc — QE Infinity (@StealthQE4) April 9, 2024 Interest Rates could …
Splurging once meant spending money on buzzy restaurants, expensive vacations, and designer clothing. These days, what’s considered splurge-worthy falls into a more humble category. Groceries are shaping up to be a top spending priority for younger generations, a February report from McKinsey & Company found. The firm asked over 4,000 people, from baby boomers to …
JUST IN: Letitia James Poised to Begin Seizing Trump's Properties Attorney General Letitia James is poised to begin seizing Donald Trump's properties as an insurance company will not be permitted to post a $175 million bond for Trump while he appeals a fraud judgment. Knight… pic.twitter.com/Nt2ZyvfCWe — Kyle Becker (@kylenabecker) April 8, 2024 New York …
Americans are poor people with a manipulated home price. They don't have/save shit pic.twitter.com/j8b8IDajcU — Darth Powell (@VladTheInflator) April 7, 2024 Guys this time is totally different! Also this time: pic.twitter.com/65cBdcJZDn — Darth Powell (@VladTheInflator) April 7, 2024 How many people have held onto their house because they were told rates would come down before …
by B3stAuD1t0rofA11tiME JPOW often plays the dummy card when he has to explain the economy particularly around the jobs and CPI reports. Just like on WSB, there are some topics we just can’t touch even though it’s pretty obvious why the jobs report came in smashing estimates. And for that reason alone, the market responded …
A 23-year-old Florida woman called Alyssa Ann Zinger who posed online as a 14-year-old girl to meet and molest a teenage boy has been hit with additional charges. She was first arrested in November for allegedly engaging in at least 30 sexual acts with at least one middle… pic.twitter.com/e7IcxTUimu — Morbid Knowledge (@MorbidKnowledge) April 7, …
In a bizarre turn of events, a squatter has been granted a restraining order against their landlord by a Washington State Judge. This shocking case has ignited outrage and raised questions about property rights and legal loopholes. For over a year, this squatter has refused to pay rent, leaving the landlord with a staggering loss …
More low income earners in the Us are not dining out, per Reuters: pic.twitter.com/oAbUo1h9D0 — unusual_whales (@unusual_whales) April 8, 2024 “Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s (MCD.N), opens new tab and Wendy’s (WEN.O), opens new tab recently said they …
Option-implied probability refers to the likelihood, as inferred from the pricing of options contracts, of a specific event occurring within a certain timeframe. In this case, the “20% drop in S&P 500” indicates the probability that the S&P 500 stock index will experience a decline of 20% or more. Traders and investors use this metric …
Eurozone Retail Sales Volume pic.twitter.com/WGeFPQdJzU — Win Smart, CFA (@WinfieldSmart) April 8, 2024 📈 New data from the Indeed Wage Tracker 📉 🇪🇺 Eurozone – Downward trajectory resumed in March 🇬🇧 UK – Continued slowdown but wage growth remains high, a concern for monetary policymakers 🇺🇸 US – Wage growth is down to its 2019 …