Nvidia’s Wild Ride: Stock Plunges Nearly 7% Post-Earnings Despite Stellar Q3 Performance, $1.2 Trillion Valuation Sparks Intense Market Volatility

In a rollercoaster ride for investors, Nvidia, a colossal $1.2 trillion company, briefly witnessed a nearly 7% dip in its stock after posting stellar Q3 results exceeding expectations. With revenue at $18.1 billion and EPS at $4.02, the top 10 largest company in the world showcased its ability to move significantly, rallying nearly 30% in …

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Market Volatility Surges: From Rate Hike Expectations to Potential Cuts, Collateral Haircuts at Zero Raise Concerns of a Brewing Crisis

As we navigate the currents of financial markets, the landscape reveals a precarious situation. Reflecting on the March 2020 crisis, which extended beyond the realm of COVID-19 to a massive blowout of the basis trade, the present scenario raises alarms. Collateral haircuts hover at zero or near-zero levels, with banks shouldering increasing risks. Astonishingly, the …

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1 in 5 Applicants Rejected for Credit; Americans Raiding 401(k)s to Cover Basic Living Costs

As economic uncertainties deepen, the latest findings from the Federal Reserve Bank of New York’s Credit Access Survey paint a concerning picture for consumers. The survey reveals a notable decline in credit demand, with weakening application rates and rising rejection rates, notably in auto loans. Looking forward, households express a decreased likelihood of applying for …

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Rising Business Bankruptcies, Looming Debt Crisis, and the Warning of Falling Oil Prices in Gold Terms Signal Impending Hard Landing

As economic indicators paint a foreboding picture, the descent of oil prices in gold terms serves as a stark warning, signaling the potential for a hard landing. The alarming reality is further underscored by a concerning 30% rise in business bankruptcies in the United States during the twelve-month period ending September 30, 2023, according to …

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Car Market Collapse Will Trigger The Biggest Shift In Prices As Companies Brace For Chaos Ahead

https://www.youtube.com/watch?v=6KwtJhaLqzw We have good news if you’re in the market for a new or used car: The U.S. auto market is finally facing the shift everyone was waiting for – prices are reporting significant month-over-month declines, and a set of factors, including a higher-than-expected rise in supply, will lead to even steeper price cuts in …

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Who is buying big ticket items when shopping for weekly groceries is now becoming a “big ticket”.

The economy is doing great! You mouth-breathing peasants are just too stupid to notice. As economic woes deepen, recent indicators point to a stark reality. Holiday retail hiring has plummeted to its lowest point in half a decade, sounding an alarming note for the economy. Simultaneously, real median household income in the U.S. is experiencing …

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BREAKING: Twitter/X Officially File Lawsuit Against Brock and Matters for Fraud and Defamation

This is going to be fun to watch… The Social Cancelers are now facing Social Cancellation! Musk can simply bury these people in legal fees alone. Remember this phrase: “Tortious Interference with Economic Relations” /twitter.com/Teagan1776/status/1726812464422228270?ref_src=twsrc%5Etfw CEO of Media Matters is begging for money after Elon Musk filed the "thermonuclear lawsuit." pic.twitter.com/siP4v26vsG — Citizen Free Press …

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Fed Faces Staggering Losses: Trillions in Treasury and Mortgage Bonds Bought Over the Decade Now Valued at $6.4 Trillion, Sparking Concerns of Further Bank Bailouts

In an unprecedented development, the Federal Reserve’s urgent crisis escalates as its decade-long bond-buying spree, valued at $7.7 trillion, reveals a shocking loss, with unrealized losses on the balance sheet surpassing $1.3 trillion for the first time ever. The amortized cost now stands at 20.4% more than the mark-to-market price, presenting an alarming financial discrepancy. …

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106.4 Million U.S. Adults Do Not Have A Job Right Now

by Michael 19 months in a row!  The Conference Board’s index of leading economic indicators has now fallen for 19 months in a row.  When something happens for 19 consecutive months, that is definitely a trend.  The economy is clearly in big trouble, and conditions are getting worse with each passing day.  But the mainstream media continues …

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Fear the first rate cut, not the pause.

by mrmrmrj I don’t know why people have such trouble understanding this. When interest rates in the bond market are at/near peak levels – or perceived peak levels, for the next few years – that’s when big money rushes into bonds like a stampede. The US Treasury is still the gold standard. Ratings agencies are …

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Tech Rally Hangs in the Balance: Nvidia’s Earnings Critical Amid Inevitable Market Meltdown Warnings

The current tech rally’s fate rests on Nvidia’s earnings, with a cautionary reminder of the overlooked lessons from Thanksgiving 2021. Despite substantial Black Friday sales, the only mega-cap breaking out to new all-time highs suggests a potential meltdown on the horizon. Bulls are urged to proceed with caution amid signs pointing to an inevitable market …

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A Growing Focus On Gold As A Hedge Against Economic Uncertainties And Potential Financial Collapse

UBS forecasts a 2024 gold upswing amid global uncertainties and central banks’ expected rate cuts. Advising a shift to high-quality stocks, UBS suggests moving from cash to quality bonds as rate cuts commence. Simultaneously, the Dutch Central Bank’s 612-tonne gold reserve underscores gold’s role in economic stability. This aligns with a broader European trend, potentially …

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Bleak Outlook for US Banking Sector in 2023: Layoffs Surge, Stocks Hit Record Lows, and Commercial Real Estate Crisis Looms

In 2023, major financial institutions such as Citigroup, Goldman Sachs, Farmers Insurance, Robinhood, Charles Schwab, Wells Fargo, Ally Financial, Morgan Stanley, Bank of Nova Scotia, and RBC have collectively announced layoffs, totaling more than 20,000 employees according to Forbes. These layoff announcements contribute to the ongoing struggles in the US banking sector, with bank stocks …

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Investor Sentiment Soars Amidst Economic Downturn: A Stark Divide Between Positive Surveys and Worsening Realities

Investor sentiment surveys are expressing overwhelming positivity, suggesting a rosy outlook, while economic surveys paint a contrasting picture, indicating a deteriorating situation. This stark dichotomy between investor optimism and the grim economic reality underscores a perplexing divergence in current perceptions. "Basically investor sentiment surveys are saying everything is awesome again, while economic surveys are saying …

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Woke Lancet Warns: ‘Highest Global Temperatures in over 100,000 Years’,even though temp data collection began in the 19th century.

The once prestigious Lancet medical journal has made the astounding claim the year 2023 saw “the highest global temperatures in over 100,000 years,” even though temperature data collection only began in the 19th century. According to NASA, three of the world’s most complete temperature tracking records, maintained by NASA’s Goddard Institute for Space Studies, the National …

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The Retail Automotive Meltdown Has Begun

by Stumpknocker The sales side (or variable operations) in the Retail Automotive sector is crashing. Service (fixed ops) isn’t fairing much better. I’m very glad I sold my store a few years ago. I consult for several OEMs, and they are beginning to panic. At several, ROS, or Return on Sales (a closely watched metric) …

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Unprecedented Freight Recession Triggers Wave of Bankruptcies and Layoffs as Economic Indicators Signal Deepening Crisis

In the midst of a severe recession in the freight market, marked by an oversupply of trucks and a scarcity of freight, the logistics industry faces a wave of bankruptcies, closures, and layoffs, with notable companies like Yellow Corp. and Convoy being casualties. This downturn, contrary to some analysts’ expectations, is not a mere reversion …

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Cardboard Box Sales Collapse, Plummeting by 80%

Cardboard box sales dropped 80% ahead of the Christmas Holiday Season. Dr. Elliot explains @ 1:30 minutes in… People are way scaling back on Christmas. Infact, more and more families have set a limit on the ages of people that can receive a gift. It is usually now reserved for those under 14 years old. …

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Unraveling the Financial Complexities of Medicare Advantage: Overspending Concerns, Profit Incentives, and Advocacy for Consumer Awareness

While premiums and benefits have improved for beneficiaries, the financial mechanisms behind these plans raise concerns. Medicare Advantage companies, funded by the federal government, are incentivized to manage policyholders’ risks, potentially leading to overspending and profit-driven practices. The push for Advantage plans during open enrollment is linked to commission structures favoring brokers, contributing to a …

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De-dollarization Efforts Stall: India and Russia Face Setbacks, Dollar Still Dominates Global Trade

Despite global aspirations for de-dollarization, recent developments highlight formidable challenges in the transition away from the U.S. dollar. Two prominent BRICS nations, India and Russia, are encountering obstacles with capital controls and unsuccessful negotiations for settling bilateral trade in their native currencies. Furthermore, efforts to shift away from the U.S. dollar in global trade face …

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Moody’s Shifts Outlook to Negative for Major U.S. Banks Amid Concerns Over Government Support

Moody’s Investors Service has revised the rating outlook to negative for Bank of America, JPMorgan Chase, and Wells Fargo, citing concerns about the U.S. government’s potentially weaker capacity to support systemically important banks. Despite the negative outlook, bank stocks rallied following subdued inflation data. Moody’s maintained a stable rating for Citigroup’s debt amidst these developments. …

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Here’s the real economy you won’t hear from MSM

Brought to you by the same people who coined phrases like “funemployment” and “managed decline.” 40% of Gen Zers and millennials say it’s easier for them to find economic opportunities outside of traditional employment, per CNBC. — unusual_whales (@unusual_whales) November 20, 2023 SPOILER ALERT: The Fed is going to print more. Because reasons. EFFECT: This. …

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Japanese Bankers Brace for New Challenge of Learning to Raise Rates Amid Back-to-Back Wage Bonanza; Pimco Positions for Tighter BOJ Monetary Policy, Buying Yen.

Japan faces a significant economic shift as bankers grapple with the challenge of learning to raise rates, prompted by a back-to-back wage bonanza. The move is seen as opening the door for a potential exit from the ultra-loose monetary policy by the Bank of Japan (BOJ), with Pimco already positioning by buying yen in preparation …

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Debt/GDP ratios rising in Europe and the US may lead to financial repression akin to Japan’s.

The rising debt/GDP ratios in both Europe and the US suggest an impending era of financial repression, similar to what Japan has experienced. Axios notes that it would require substantial measures, equivalent to $2,400 per American per year, in either spending cuts or tax increases to stabilize the national debt. Meanwhile, gold is reaching new …

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Potential Legal Battle: X May Pursue Tortious Interference Claim Against Media Matters, Seeking Triple Damages

The potential legal claim against Media Matters by X could include Tortious interference, a common law tort that allows for damages when a defendant wrongfully interferes with the plaintiff’s contractual or business relationships. In many states, punitive damages may be tripled in such cases, adding significant legal consequences to the alleged interference. Tortious interference refers …

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Rep. Jim Banks Accuses Nancy Pelosi of Blocking Investigation into January 6th, Alleges Cover-Up and Partisan Agenda by Committee

Representative Jim Banks accuses Nancy Pelosi of blocking him and Jim Jordan from investigating January 6th, alleging that the committee is part of a cover-up and a partisan agenda. Banks claims that Pelosi is afraid of a real investigation and doesn’t want Americans to find out what truly happened on January 6th. He highlights specific …

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Right Leaning Policies are taking over, all of these places listed have been devastated by left wing policies.

Javier Milei, Newly Elected President of Argentina, Gives Victory Speech – English Subtitles Javier Milei's Presidential Speech: "To all Argentinians, I want to convey that despite the significant challenges our country is confronting and the seemingly grim situation, Argentina indeed has a future, but that future solely exists if it is a Libertarian one."… pic.twitter.com/0uby9QvV56 …

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Debt to GDP Soars to 124%, Government’s Excessive Money Printing Sparks Concerns of Long-Term Economic Fallout and Inflationary Pressures

The soaring Debt to GDP ratio at 124%, driven by the government’s extensive money printing, poses a heightened risk of long-term economic consequences and increased inflationary pressures. Despite a slight dip from the previous peak in 2020, the current ratio remains a cause for concern. ‼️DEBT TO GDP: 🚀 – Current Debt to GDP ratio: …

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‘In 2008 people couldn’t afford to stay in their house. Now people can’t afford to buy.’

The severity of the impact depends on individual circumstances and perspectives. In 2008, people faced the challenge of not being able to afford staying in their houses, often due to mortgage-related issues and foreclosures. In the current situation, the concern is about people being unable to afford buying a house, reflecting challenges related to housing …

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