Argentina’s New President Javier Milei Unleashes Budget Cuts, Rejects Leftist Ideologies and Socialism

In a bold move for Argentina, President Javier Milei has taken office with a commitment to slashing the budget and rejecting leftist ideologies. A breath of fresh air for the country, Milei is steering away from woke ideology and socialism, signaling a significant shift in Argentina’s political landscape. Stay tuned for the impact of these …

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Conor McGregor: “Shame on the Irish government for harboring this. THIS IS YOUR FAULT AND WE HAVE HAD ENOUGH!! Despicable system!

https://twitter.com/_/status/1725841446748467635 Bravo, Ryan Casey! pic.twitter.com/eu92XoTJcw — Conor McGregor (@TheNotoriousMMA) November 18, 2023 Text from image: “It just sickens me to the core that someone can come to this country, be fully supported in terms of social housing, social welfare, and free medical care for over 10 years – over 10 years – never hold down …

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A Bidenomics Thanksgiving! Turkey Prices Decline Slightly … But Still UP 321% Under Bidenomics (Save The Neck For Me, Clark!)

by confoundedinterest17 President Biden reminds me of Cousin Eddie, the dimwitted cousin of Clark Griswold’s wife in the Vacation movies. Except that Cousin Eddie is a nice dimwit while Biden is a nasty dimwit. And politcal stooge. Given that turkey prices are up 321% under Biden, the famous Thanksgiving line “Save the neck for me, Clark” is …

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They are boycotting for free speech…

https://twitter.com/hartgoat/status/1725943943076978720 https://twitter.com/stillgray/status/1726045123941941582 https://twitter.com/TheInsiderPaper/status/1725928231629725842 https://twitter.com/WallStreetSilv/status/1725846321356022230 https://twitter.com/Timcast/status/1726019247132811760

BREAKING: US Air Force Global Emergency Action Message Broadcast

HFGCS Emergency Action Message – 11175 kHz2023.11.18 @ 21:34Z callsign: AVAILABLE 194 characters:… pic.twitter.com/bsw3n1bmDB — NEET INTEL (@neetintel) November 18, 2023 The HF-GCS is used by the United States Air Force to send instructions for their operations through messages, and most commonly send Emergency Action Messages (EAMs). The HF-GCS is not exclusive to the USAF, …

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BREAKING: Musk Going “Thermonuclear”, Will Sue Media Matters and Anyone Related for Defamation and Racketeering on Monday

Elon is done FA’ing with these people. He is going after Media Matters and anyone related to or funding the organization, and ALL of their related entites!! He is going after their board, their donors, their network of dark money, all of them…. Brock, Podesta and the rest of that bunch are some really twisted, …

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Conference Board Leading Indicator Records Alarming -7.8% Drop, Echoing Historical Precedents of Economic Downturn Over Six Decades; High Default Rates in Loan and Bond Market Also Signal Sharp Slowdown

The sustained 18-month decline in the Conference Board Leading Indicator is a worrying trend reminiscent of historical economic crises, particularly in 1973-74 and during the Global Financial Crisis. The current -7.8% decrease aligns with significant economic downturns over the past six decades, indicating a potential hard landing. This, coupled with a high and rising loan …

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It Has Begun: Citi to Layoff Over 10,000 Employees On Monday!

This year, we have seen 250,000 layoffs in tech. Between 2022 and 2023, ~415,000 tech layoffs occurred. However, the layoffs were vastly limited to tech over the last couple of years. It may now be spreading. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) November 17, 2023 Mortgages …

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JP Morgan: $1.3T rundown in Reverse Repo has been a massive non-QE liquidity boost. PB: The only thing that saved markets

JP Morgan: $1.3T rundown in Reverse Repo has been a massive non-QE liquidity boost The only thing that saved markets pic.twitter.com/br1umuNwAX — Roberto Rios (@peruvian_bull) November 17, 2023 It’s wild to me how much people can ignore Bank failures dwarfing 08/09 Swiss Gov sealing records of Credit Suisse failure for 50 years Commercial Real Estate …

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Central Banks Trapped as Fiscal Dominance Grips Western Economies; Gold Sees Historic Underallocation in Investment Portfolios, but Shifts Signal Compelling Investment Opportunity

Central banks are stuck, and the way governments handle money is causing trouble. Many people who suggest where to invest don’t have much gold in their plans right now. But, history shows that big money sources are starting to change and invest more in gold, making it a really good opportunity to consider. My thesis …

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NOT Born Under A Bad Sign! Housing Starts Are Down -4.2% YoY As M2 Money Growth Dies (Illegal Immigration Outpaces US Births, But Supply Not Keeping Pace)

by confoundedinterest17 Under Biden’s Reign of Error (or green economic transformation), the US has seen over 8 million illegal immigrants enter the US which is a far greater number than births in the US. In other words, Americans apparently are NOT being born under a bad sign. Hence, the US is seeing the demand for housing …

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Despite Headline Inflation Decline, Essential Necessities Face Persistent 5%+ Inflation, Contributing to Ongoing Affordability Crisis; Older Workers Turn to Entry-Level Jobs; 40% of Under 30s Rely on Family Support for Home Down Payments.

Inflation in essential areas, including car insurance, car repair, transportation, rent, homeowner costs, and food away from home, far exceeds the 3.2% CPI headline rate, challenging the notion of a broader decline in prices and signaling an ongoing affordability crisis for consumers. While CPI inflation is at 3.2%, inflation is much higher in many basic …

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Trump Faces 450 Years for Document Retention, Unequal Law Application Sparks Outcry; Special Counsel on Biden’s Documents Expected to Spare Charges

We are witnessing an inconsistency in the legal treatment of former President Trump and President Biden concerning the handling of documents. The question arises as to why Trump might face severe consequences while Biden’s case may not result in charges, suggesting a potential lack of fairness or equal application of the law. MEANWHILE, Trump faces …

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Israel Caught Lying About Al-Shifa Hospital

“The Israelis raided a hospital and found … toilets and a ventilation system. They want you to believe this justified genocide. I’m so glad they are showing the world how pathetic their propaganda is.” The Israelis raided a hospital and found … toilets and a ventilation system. They want you to believe this justified genocide. …

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US Banks Face Looming Crisis as Commercial Real Estate Delinquencies Soar

Escalating delinquencies in commercial real estate loans, a shrinking S&P 500 real estate sector, and plummeting property values paint a dire picture, hinting at an imminent banking crisis. With soaring mortgage payments and declining retail sales, the signs point to an urgent and potential economic crisis. Delinquent commercial real estate loans at US banks have …

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Bud Light Paid Dylan Mulvaney $185,000 for the Ad That Killed Their Brand… The Chief OF Marketing for the Entire US, Gets the Boot.

Anheuser-Busch’s marketing chief to finally exit after Bud Light’s Dylan Mulvaney fiasco Anheuser-Busch’s US marketing chief plans to resign as the brewer continues to grapple with sharp sales drops following its disastrous Bud Light campaign with transgender influencer Dylan Mulvaney. Benoit Garbe, chief marketing officer for the embattled company’s US portfolio of beers, canned cocktails …

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Walmart’s 8% Plunge Highlights Sharp Falloff in Retail Sales as Many Consumers Struggle Amid Lingering Inflation and Jobless Claims Surge

Walmart ($WMT) experiences an 8% decline as CFO expresses concern over October trends, prompting a reevaluation of consumer health. The retail giant notes a significant sales drop in the last two weeks of October, and management remains cautious, acknowledging ongoing strain on consumers. Despite inflation easing towards 3%, the lingering impact is evident, compounding on …

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In the W.H.O 1946 founding document, they wrote in that they are exempt from all criminal charges and investigations

Did you know the World Health Organization, in its founding document (1946), exempted itself from criminal charges? "Why would an organization need to give itself exemption from criminal prosecution?" asked Dr. David Martin. "The reason why they wrote that into their founding… pic.twitter.com/8J3hWqn03E — The Vigilant Fox 🦊 (@VigilantFox) November 16, 2023 In the world …

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Market Shifts Toward Credit Risk From Interest Rate Risk as PPI Takes a Hit; Fitch Foresees Ongoing Struggles for US Regional Banks; Corporate Bankruptcies Surge

As we approach the new year, a shift toward credit risk is expected, replacing interest-rate concerns, according to Mohamed El-Erian. The recent steep drop in October’s Producer Price Index (PPI), the largest since April 2020 during the Covid lockdown, heightens worries. Fitch predicts ongoing challenges for US regional banks in 2024, and with earning trends …

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Caution: Surge in Regional Banking and Real Estate Raises Concerns of Bear Market Bounce, Potential Recession Warning

@KeithMcCullough warns that the recent surge in Regional Banking ($KRE) and Real Estate ($XLRE), often seen as positive, could be a bear market bounce, potentially misleading investors before a recession. Drawing parallels to the Great Financial Crisis, McCullough highlights this as outright panic buying and suggests the current crisis might surpass the GFC, impacting Main …

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Hedge Funds Fully Invested at 99%, Icons Like Buffett and Soros Strategically Unload Holdings

The current scenario paints a stark picture of the market dynamics, as hedge funds find themselves in a position where net exposure to the “magnificent 7” has surged from 12% at the beginning of the year to a staggering 99%. This dramatic shift suggests a significant reduction in the number of buyers. High-profile investors like …

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Earnings Set to Plummet Amidst PPI Collapse, Companies Grapple with Profit Squeeze, and Surging Delinquencies Portend Household Financial Strain

The collapse in the Producer Price Index (PPI) signifies a critical shift, as companies find themselves unable to command exorbitant prices from customers, leading to a significant impact on their profit margins. The era of making extraordinary profits and refinancing at 0% appears to be coming to an end, exacerbated by the Federal Reserve’s decision …

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Growing concerns point to potential panic before the year’s end

The clearest wave count. And the worst case for bulls. This portends panic before the end of the year. pic.twitter.com/Lvjh9hfIAN — Mac10 (@SuburbanDrone) November 14, 2023 "This time is different" pic.twitter.com/Wvm3oZO2Wb — Mac10 (@SuburbanDrone) November 14, 2023 Bulls, you gave it a good try, but you didn't make it to the end of the year …

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