Rate cuts signal necessity, not leisure. Fed data suggests 70% recession risk by May.

by ValenTom https://www.newyorkfed.org/research/capital_markets/ycfaq#/interactive Rate cuts doesn’t mean the printer is coming back for fun. It means the printer is coming back due to need. The broad economy is in a very high risk position right now and the global economy is deteriorating by the day. The market and economy are not reflecting the reality of …

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Can somebody please tell Powell it was just a joke?!

by DesmondMilesDant Caption: Ofc you shouldn’t cut rate in March unless you are planning to remove BTFP and let many banks fail. Caption: This spreadsheet tells us you should not be thinking about thinking about rate cuts till middle of next yr. Inflation is still stuck at 3%.  

Fast-food and restaurants may struggle to survive due to higher costs in the upcoming recession.

Is McDonald's pricing themselves out of the fast food market? Their reputation was for cheap food. Now people are realizing that with higher minimum wages ($15 to $20 per hour) and high food costs, now McDonald's is costing just as much as restaurants with higher perceived… pic.twitter.com/GJuaRxlvdx — Wall Street Mav (@WallStreetMav) December 14, 2023 …

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Inflation Hits Hard: Americans Face Soaring Prices, Plummeting Savings, and a 24% Surge in Restaurant Costs

Americans' savings rates slid again in the third quarter, per Axios: pic.twitter.com/sBEvKXNTjn — unusual_whales (@unusual_whales) December 14, 2023 The economic landscape in the United States is becoming increasingly challenging as Americans grapple with a combination of dwindling savings rates, soaring restaurant prices, and a weakening U.S. Dollar Index ($DXY). The latest Consumer Price Index (CPI) …

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Top 1% of US earners are now have more wealth than the middle class; Housing is less affordable for both renters and buyers alike.

Economic inequality worsens in the U.S. as the top 1% amass more wealth. Housing affordability declines. The 1% are crushing it 👇 pic.twitter.com/0Wfsj4EbR6 — Win Smart, CFA (@WinfieldSmart) December 14, 2023 Housing is less affordable for both renters and buyers alike, per Bloomberg: pic.twitter.com/vT3bMKiKxV — unusual_whales (@unusual_whales) December 14, 2023

The crisis in China has caused a lot of borrowers to default. Evergrande started this snowball.

Chinese borrowers default in record numbers as economic crisis deepensMore than 8mn people are blacklisted by authorities after missed payments on mortgages and business loans. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus… pic.twitter.com/SOXOR3tX01 — floridanow1 (@floridanow1) December 13, 2023 China's Real Estate Market suffered an 81% …

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California’s tax exodus shifts wealth to Texas; only 200,000 fund half the state budget.

The economic and demographic shifts in California present significant hurdles. The departure of high earners, as you pointed out, strains the tax base, with a small fraction of taxpayers now carrying a hefty portion of the state’s budget burden. The exit of over a million taxpayers and the purported replacement with what you describe as …

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The Fed’s desperate rate-cut moves unveil economic weakness during the inflation crisis.

In a distressing revelation, the Federal Reserve anticipates three rate cuts next year, acknowledging the challenge posed by persistent inflation. The economic engine falters as demand plummets for homes, vehicles, and goods, painting a grim picture of financial distress among Americans. Once deemed a lifeline, credit cards are now avoided, sinking below pre-pandemic levels. Soaring …

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Biden’s Mortgage Market! Purchase Demand Falls 1% Last Week And Down -18% Since Last Year (Mortgage Rates UP 165% Under Biden) Here Comes Biden Claus! /sarc

by confoundedinterest17 Here comes Biden Claus, right down Constitution Avenue, bringing you a Christmas present of … 165% mortgage interest rates!! Mortgage applications increased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 8, 2023. The Market Composite Index, a …

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Money Printer go Brrrr: Inflation is permanent, US Deficit spending is out of control.

In straightforward terms, let’s address a pressing concern: Inflation is here to stay, and the US deficit is spiraling out of control. Despite Treasury Secretary Yellen’s reassurances, there’s reason to be uneasy about the mounting US debt. Facing the facts, $1 trillion-plus US budget deficits are becoming the norm, and federal projections paint a grim …

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Economist magazine – Thinking too hard makes your head hurt.

Thinking too hard makes your head hurt. A study shows that it causes chemical changes in the brain, which present behaviourally as fatigue Thinking too hard makes your head hurt. A study shows that it causes chemical changes in the brain, which present behaviourally as fatigue https://t.co/p1q4FYPSY9 👇 — The Economist (@TheEconomist) December 13, 2023 …

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BREAKING: Massive Explosion in South Wales, UK. On Heels of Warnings for Large-scale Cyberattack

🚨🇬🇧 Breaking: Massive explosion and fire in South Wales industrial estate following a serious security incident. All hospitals on alert. pic.twitter.com/8nmttRKZ6i — Terror Alarm (@Terror_Alarm) December 13, 2023 https://twitter.com/_/status/1735070670759903248 https://twitter.com/_/status/1735064444030394769 #Wales A major incident has been declared in South Wales as roads were closed around an industrial estate after a "loud explosion" was heard. More …

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The Fed hints at multiple rate cuts in 2024. Powell suggests that we might be in a recession right now. Historically, every major rate cut led to a 30% S&P 500 drawdown.

In a surprising move, the Federal Reserve is hinting at multiple rate cuts in 2024, sparking questions about the stability of the financial system. This decision has historical echoes, as every major rate cut since the 1970s has been followed by a substantial 30% drawdown in the S&P 500. For the first time in recent …

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Boston’s woke Mayor plans secret Christmas party. No white people allowed.

In a recent turn of events, the Mayor of Boston has stirred controversy by hosting a holiday party exclusively for “electeds of color,” a move that has raised eyebrows and legal questions about racial discrimination. The controversy escalated when the email invitation, intended only for non-white city council members, was mistakenly sent to all council …

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Convince me that we’re not about to enter a recession

by danielromero6 The surge in prices has made it increasingly challenging for people to save, with the personal saving rate hitting its lowest point in 15 years. Credit card debt has skyrocketed. Rent is more expensive than ever compared to disposable income. Household savings have plummeted twice as much as in the Great Recession. Permanent …

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FCC Commissioner Carr accuses government agencies of targeting Elon Musk, citing concerns over Starlink’s $886 million subsidy.

In a recent turn of events, Brendan Carr, a US FCC Commissioner, has levied serious accusations against the White House and other government agencies, alleging the targeted harassment of Elon Musk and his companies. Carr’s dissenting statement, released today after the FCC’s decision to deny Starlink an $886 million subsidy, sheds light on what he …

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Markets expect a Fed shift, though the central bank denies it. Greed levels surge, resisting pullbacks.

In the current financial landscape, a palpable tension brews as markets lean towards anticipating an imminent Fed pivot, contrary to the central bank’s official stance. The prevailing sentiment suggests greed levels in the market are soaring to multi-year highs, as evidenced by the resilience of the S&P 500, even in the face of a pullback …

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‘Bill Clinton in a Blue Dress’: Ted Cruz Reveals Why He Thinks Democrats Are ‘Blocking’ Jeffrey Epstein Flight Logs

via dailycaller: Texas Republican Sen. Ted Cruz called out the Democrats allegedly behind blocking deceased sex offender Jeffrey Epstein’s flight log list Tuesday on Fox News, stating they are “freaking out” from Republicans pushing to obtain the information. Cruz appeared on “Hannity” to discuss a slew of topics, including the push from GOP Congress members …

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Ron Paul: Biden, Media Gaslight People About Inflation

by Ron Paul President Biden recently repeated the claim that high prices are caused by greedy businesses. Biden is not alone in trying to gaslight the people into thinking price inflation is rooted in the actions of private individuals and not the fiat money system Americans have lived under since 1971. In the media we …

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Shocking footage reveals the overwhelming influx of illegal migrants at the US border. Biden dismisses the Republican proposal to secure the open border as “extreme”.

You won't believe your eyes after after footage exposes US border utterly overrun by illegal migrants pic.twitter.com/kQc6pgk0vj — Benny Johnson (@bennyjohnson) December 12, 2023 Chicagoans are learning the hard way what it actually means to vote for Democrats: "The illegals get everything! They're getting their rent paid. They're getting money. They're getting phones. What about …

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The citizens of America voted for you Chuck. Not Israel, Ukraine, and definitely not Gaza. Democrats always want to defend everyone’s else border except for Americas.

“If the GOP keeps prioritizing America over other nations it’ll be their fault when we’re forced to stop funnelling your tax dollars to foreign nations.” Yeah, that’s the point. JUST IN – Zelenskyy told U.S. Senators that Ukraine is considering conscription of men over 40 — Bloomberg — Disclose.tv (@disclosetv) December 12, 2023 NOW – …

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In Biden’s America you’re not allowed to be a foster parent if you believe in Christian values

Christians NOT ALLOWED to be foster parents in Biden's America.. "Those who DO NOT 'affirm' the LGBTQ rules because of their Christian faith will be deemed 'unsafe' by the Biden Administration and ultimately rejected as foster parent candidates." READ THAT TWICE.. https://t.co/ZZvN6fIL5y — Chuck Callesto (@ChuckCallesto) December 12, 2023 Safe and Appropriate Foster Care Placement …

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Biden Sending U.S. General and Staff to Kiev To Provide “Long-Term Advice” To The Vietkrainian Army!

The Obamunists are in a hole, they really don’t know what to do next. So they will continue to double down on failure. The Ukrainian Army is fading, losing ground in the field, and there are obvious internal squabbles going on, amid rampant corruption. So Lyndon Johnson, err… I mean… Biden, is sending an Offial …

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Strong CPI trends prompt euphoria, but a potential market dump looms amid strategic shorts and seasonality flows.

by DesmondMilesDant The SPY ETF is currently trading at $461.99, up 1.79% on the day. The SPY has been in an uptrend recently, with the stock topping out at $495.00 just yesterday. Today’s market volume for the SPY is up significantly from recent levels, with 120B shares traded so far today compared to an average …

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House Oversight Committee on Joe Biden Corruption: Here are some of the biggest revelations including DOJ Coverup

We identified 20 shell companies created by the Biden Family – most of which were created when Joe Biden was Vice President. pic.twitter.com/apwjiYy1vx — Oversight Committee (@GOPoversight) December 12, 2023 What was the Biden family business? Devon Archer told us that Joe Biden was THE BRAND. pic.twitter.com/WCuhENfBsZ — Oversight Committee (@GOPoversight) December 12, 2023 Under …

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