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Gross domestic product and income have recently diverged to a degree last seen in 2007 pic.twitter.com/JkCpItbD3C — Win Smart, CFA (@WinfieldSmart) November 30, 2023 When “Gross domestic product (GDP) and income have recently diverged by a large margin,” it implies that there’s a significant difference or gap between the overall economic output of a country …
Significant winter weather, including over 40 inches of snow in parts of the Great Lakes and interior Northeast, caused hazardous conditions and a fatal road accident, with the snow winding down but light showers still possible. via NBCNEWS: Significant winter weather hit communities across the interior Northeast on Wednesday morning, causing at least one fatal …
The market’s recovery, reminiscent of historical patterns like the Nifty Fifty era, raises concerns about the sustainability of the current narrow leadership dominated by a select few mega-cap stocks. This market recovery has been unusual, with very narrow leadership, but it's not the first time. The early 1970s and late 1990s both were dominated by …
by confoundedinterest17 US Real GDP grew at a whopping 5.2% (revision) in Q3. But was it organic growth or simply The Federal Government funding the defense and green energy industies with trillions in spending? One factor has been government spending which grew an unsustainably 4.7% in real terms over the last year. Outside the pandemic, this …
So liking a tweet gets you placed on a government list. This is why we have the 2nd Amendment. They want to start a Civil War. Dictator Biden doesn’t have a Support Base. So they will arrest Trumps Support Base for the terrifying crime of Liking a Tweet. https://twitter.com/kylenabecker/status/1729654625119203388 Glenn Greenwald: The Democratic Party’s 2024 …
In a striking irony, the Democratic Party’s primary strategy for the 2024 presidential election involves efforts to imprison their prominent opponent, utilizing a dual strategy of fraud (Russiagate) and censorship (Hunter Biden docs) with the collaboration of corporate media. The claim that only they can save democracy is juxtaposed with the Department of Justice collecting …
Anti-immigration signage in west Belfast is being treated as a hate incident, police say https://t.co/KCKyBm6ZnS — BBC News NI (@BBCNewsNI) November 29, 2023 via BBC: Anti-immigration signage erected in west Belfast is being treated as a hate incident, police have said. A sign, which appeared in the Tildarg Avenue area, said that the community “will …
Global banks’ increasing liquidity hoarding, seen in the eurodollar space and reflected in the record highs of the Federal Reserve’s BTFP balance, heightened borrowings instead of repaying emergency funds, and a surge in the Foreign Repo Pool at FRBNY, indicates widespread caution. As US banks actively hoard cash, Reserve managers globally fortify dollar reserves, suggesting …
Sometimes, this is all it takes…those darn real estate bubbles. Goliath falls: Sudden bankruptcy of financial empire exposes Europe’s real estate bubble “for Swiss banks – what happened? With Signa Real Estate Management Germany GmbH succumbing to insolvency, Benko’s meticulously orchestrated financial symphony began to unravel. The abrupt surge in bad loan provisions by Julius …
In recent economic developments, the Eurozone finds itself navigating through a challenging period, marked by a hard landing. Two key indicators, household lending and retail sales, are sounding alarm bells, pointing to significant economic downturns across the region. Eurozone 🇪🇺 Household Lending pic.twitter.com/KY3UXjhm25 — Win Smart, CFA (@WinfieldSmart) November 29, 2023 Eurozone 🇪🇺 Retail Sales …
Wake up to a concerning reality – the media is subtly pushing for Personal Carbon Allowances, urging you to accept it as a normal restriction and even your civic duty. But make no mistake, it’s neither normal nor your duty; it’s an encroachment on your freedom. Under the guise of environmental responsibility, governments are pushing …
The legal landscape for Donald Trump, Mark Meadows, and Rudy Giuliani is intensifying as Fulton County DA Fani Willis refuses plea deals, while co-defendants Jenna Ellis, Sidney Powell, and Kenneth Chesebro have struck deals and provided potentially damaging statements. Simultaneously, George Soros injects $15 million of ‘dark money’ into Biden’s 2024 re-election effort, raising questions …
QUOTE US dictionary reveals ‘word of the year’ The term ‘gaslighting’ was listed by Merriam-Webster as being last year’s most-defining word US dictionary reveals ‘word of the year’ In a year where artificial intelligence (AI) ushered in a new dimension to the digital age and where social media has at times been a battleground for …
Dominos starting to fall? Yep, we've got a cartoon for that pic.twitter.com/abrYvescWa — Hedgeye (@Hedgeye) November 28, 2023 Financial contagion warning as HSBC is told to brace for ‘catastrophic’ £6.3billion hit Bob Lyddon fears losses in Hong Kong and China could “blow a hole in the bank’s equity”. HSBC is facing a “hit” of more …
by welp007 IN a few months we will realize, no one was ever planning on paying anything back — axcilla (@axcilla) November 28, 2023 Banks Face Large Losses and Potential Job Cuts Due to China’s Property Sector Bailouts China’s banking sector is under severe stress, tasked with propping up its faltering $57 trillion property industry. …
In a pivotal moment for the market, the S&P 7, responsible for 95% of the S&P 500’s gains this year, is facing scrutiny due to its overvaluation. With a price-to-earnings ratio reminiscent of historic bubbles, including the tech boom of 2000, concerns grow as some S&P 7 components exhibit P/E ratios over double previous bubble …
The media’s recurring pattern of dishonestly depicting individuals as bigots, from Covington Catholic students to Kyle Rittenhouse and now a child at a football game, underscores a troubling trend. It’s a playbook we can now challenge, revealing the media’s unwarranted attacks, particularly on innocent children, making them, in essence, enemies of the people. 2019: Media …
American workers facing financial hardships are increasingly tapping into their retirement accounts, with hardship withdrawals surging by 30% last year. As a result, one in six workers now has an outstanding loan on their retirement, significantly impacting average 401k balances and raising questions about the sustainability of consumer borrowing, especially as “Buy Now Pay Later” …
Day 3 Convective Outlook NWS Storm Prediction Center Norman OK 0225 AM CST Tue Nov 28 2023 Valid 301200Z – 011200Z https://www.spc.noaa.gov/products/outlook/day3otlk.html …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS OVER MUCH OF SOUTHEAST TEXAS AND INTO FAR WESTERN LOUISIANA… …SUMMARY… Scattered storms, some severe, will be possible during the day on Thursday, mainly over …
by Virtual_Crow So a few months back, this was causing bond yields to rise high enough that the market started a downtrend again from the summer until October. Too many bonds being sold. Then the Treasury did Yellen’s Yolo, selling more bills instead of bonds, driving yields down. This contributed greatly to the November rally …
In a harrowing turn, new home prices have plummeted by a staggering 18%, marking the most significant annual decline on record, surpassing even the depths of the 2008 financial crisis. The grim reality intensifies as builders face a crisis, with mortgage demand hitting its lowest since 1994, and housing defaults soaring to levels not seen …
Full Story: https://t.co/cKkQZUus2A — Chief Nerd (@TheChiefNerd) November 25, 2023 This is what I heard: School loans Car loans (Plus full cov. ins. & gas) House mortgage loan (Plus utilities and ins.) THESE THREE ARE KILLER ALL AT ONCE! h/t Tonight We Ride!
It goes without saying but the actual quote from Reagan was "The nine most terrifying words in the English language are I'm from the Government and I'm here to help." pic.twitter.com/susfyAmWSJ — Greg Price (@greg_price11) November 27, 2023
The BBC denies government funding, asserting reliance on public support, similar to PBS in the US. However, this sidesteps the reality of government-compelled TV licensing fees. Lack of a TV license can lead to fines or imprisonment. Capita enforces, incentivized by commissions, with UK police overseeing visits. Authorities, with a warrant, can even break in …
by The Felder Report Inflation has clearly made an impact on both the psyches… 'Americans expect prices will climb at an annual rate of 4.5% over the next year, up from the 4.4% expected earlier in the month, according to the final November reading from the University of Michigan.' https://t.co/Vo7z3oIDi6 pic.twitter.com/RX8B6XP1Bm — Jesse Felder (@jessefelder) …
– Ripple effects will impact U.S. institutional investors, pensions, municipalities, banks and more – US banks getting hit with a liquidity crisis that will only get worse https://www.cnn.com/2023/11/23/business/zhongzhi-enterprise-group-china-insolvent-hnk-intl/index.html https://fortune.com/2023/11/24/china-real-estate-zhongzhi-enterprise-group-shadow-bank-real-estate-crisis/ https://www.bloomberg.com/news/articles/2023-11-22/china-s-troubled-shadow-bank-zhongzhi-warns-of-insolvency#xj4y7vzkg h/t TerraForms
In a startling revelation, Labour’s Birmingham City Council has come under scrutiny for spending a hefty £2.1 million on hire vehicles that do not comply with their own low emissions scheme. What adds a layer of irony to this expenditure is the fact that the council exempted itself from the very emissions regulations it set …
by Naive-Historian-2110 https://www.history.com/news/1929-stock-market-crash-warning-signs “History doesn’t repeat itself, but it often rhymes.” Mark Twain never lived to see the Federal Reserve, but he probably would have been able to recognize it’s cyclical nature. The Federal Reserve has a long history of facilitating a “boom and bust economy,” and sometimes, it creates interesting new financial environments that can …
In a startling discovery, Walmart is now under scrutiny for allegedly misrepresenting the weight of the meat it sells. Concerns have been raised about the possibility of customers being charged for more than the actual weight of the products they purchase. The issue was brought to light when vigilant shoppers noticed discrepancies between the labeled …
