Independent thinking for complex markets and current events
The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.
by Michael Have you seen the cataclysmic images that are coming out of Iceland? I wrote about the tremendous shaking that is taking place in Iceland a few days ago, but things have gotten so much worse since then. At this point, a giant “chasm” is literally running through the center of the town of Grindavik. …
https://www.youtube.com/watch?v=9lSUQBnyqN4 Banks are closing down personal accounts without any notice, according to a new report released by the New York Times. That comes as the credit crisis continues to worsen and hurt Americans financially. Banks are now trying to reduce the risk of losses and failures, even if that means leaving people without access to …
The signs of an impending auto loan debt crisis are becoming increasingly apparent, as noted by AutoMoBlog. Wall Street’s lucrative practice of selling car loans to individuals with limited capacity to repay is fueling concerns, mirroring practices reminiscent of the 2008 financial crisis. Simultaneously, the rapid increase in defaults on Commercial Mortgage-Backed Securities (CMBS) is …
https://twitter.com/_/status/1724468214015349059 BREAKING: Hockey killer Matt Petgrave has been arrested. pic.twitter.com/Hdl2XIUGVI — @amuse (@amuse) November 14, 2023 Matt Petgrave has been arrested for the death of Adam Johnson in a hockey game. pic.twitter.com/YlXmU4KVxS — Wall Street Mav (@WallStreetMav) November 14, 2023 Ice Hockey Player Arrested on Suspicion of Manslaughter The one in the UK a few …
BofA’s latest survey signals a worrying trend as 76% believe the hiking cycle is over, 80% expect lower short rates, and a record 61% foresee lower yields. Investors are shifting to bonds at the highest rate since 2009. Notably, the big change isn’t just the macro outlook, but the widespread expectation of lower inflation and …
The economic landscape is marked by several concerning indicators, as evidenced by the S&P 500 margins trending lower, reflecting potential challenges for companies. The National Federation of Independent Business (NFIB) reports a deterioration in sales, indicating a worsening scenario for small businesses. Additionally, a growing number of companies are expressing concerns about weak demand, adding …
Nancy Pelosi’s remarks on Congress insider trading shed light on the substantial wealth amassed by some members of Congress. The collective net worth of the 50 wealthiest individuals in Congress stands at a staggering $4.8 billion. This considerable wealth stands in stark contrast to their official annual salary of $174,000. To put this into perspective, …
More admission that the destruction of America from within was a concerted effort on behalf of Xi and puppet Biden: “Xi agrees to clean up his own mess! Biden and Chinese president will announce deal on export limits on fentanyl – after deadly opioid flooded America and left San Francisco facing homeless vagrant crisis” …it …
The interest payments on the national debt alone used up 40% of all the money collected from individual income taxes in October. This means a significant portion of the taxes paid by individuals goes just towards paying the interest on the money the government has borrowed. The US Treasury is now spending almost twice as …
by Michael It isn’t just your imagination. We really are witnessing a full-blown societal meltdown. Earlier today, a song entitled “We Don’t Need Another Hero” popped into my head. Of course that song was recorded by Tina Turner for a 1985 film called “Mad Max Beyond Thunderdome” which featured Mel Gibson in his prime. I hadn’t thought about …
by confoundedinterest17 Even eating breakfast under Bidenomics is more expensive. Particularly if you like orange juice like I do. To save money, I am probably going to have to switch to nasty-tasting Tang. Food CPI is up 3.69% year-over-year. The rate of growth in food prices is slowing. But do I trust BLS data on …
The US will need to refinance almost half of its national debt in less than 2 years. Let’s not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over at 5% rates. The U.S. credit rating outlook was lowered from “stable” to “negative” this …
This is scary. Remember according to DSM-IV criteria,7 an individual is diagnosed with mental retardation if they have significantly below average intellectual functioning, as defined by an intelligence quotient (IQ; measured using a standardized, individually administer/red intelligence test) at or below 70 I took the numbers from these 2 sites. https://www.cia.gov/the-world-factbook/field/birth-rate/country-comparison/ https://worldpopulationreview.com/country-rankings/average-iq-by-country I made a …
Is the current economic situation indicating that we’re experiencing a recession at this moment? The harrowing sequence of consecutive declines in the Conference Board Leading Economic Indicators stands at an alarming 18, suggesting an ominous trajectory for the economy. Disturbingly, nearly half of recent homeowners reveal struggles in meeting mortgage obligations, attributing this challenge to …
Bloomberg’s report on the Fed’s apprehensions regarding US commercial office space and interest rates raises alarming flags. Moody’s staggering estimate of potential unrealized losses, reaching a colossal $650 billion within US banks’ securities portfolios, points to an imminent and deeply concerning crisis looming over the banking sector. The Fed sees risks for banks from US …
The consolidation of media ownership can limit diversity of perspectives and information, potentially leading to homogenized content. With fewer entities controlling the majority of media, there’s a risk of reduced representation of varied viewpoints, less investigative reporting, and potentially biased or limited coverage of news and issues. This can impact the public’s access to a …
Eurozone data paints a bleak picture of economic distress: retail sales plummet, wages pose risks, but savings have drained, financing is tight, and uncertainty looms, likely leading households to curb spending. Germany’s industry remains in a slump, facing weak demand and declining production. Despite a glimmer of hope in high order stocks, urgent concerns persist …
by Michael All of a sudden, the giant rock that we all live on is starting to go a bit nuts. Unusual volcanic activity is happening all over the globe, but the “experts” are assuring us that there is nothing to be concerned about. But could it be possible that they are wrong? After you …
Full text of bill here: https://www.govtrack.us/congress/bills/118/s3223/text Excerpt: Restriction on bulk ammunition sales: In general, it shall be unlawful for any person licensed under this chapter to transfer to a person not so licensed, during any 5-day period: – More than 100 rounds of .50 caliber ammunition OR – More than 1,000 rounds of any other …
When the yield on corporate bonds gets close to the yield on treasuries, it can signal that investors are choosing the safer treasuries over corporate bonds. This shift suggests that investors are favoring the lower-risk treasuries, leading to less investment in corporate bonds. Businesses often use bonds to raise capital for various activities like expansion, …
Feds Will Likely Identify Client List of “Johns” After High-End Asian Brothel Bust DEVELOPING: Investigators suspect prostitution ring may have been part of Chinese espionage plot targeting high-tech government contracting centers like Cambridge and Tysons Corner https://t.co/mLDKen0fLc — Paul Sperry (@paulsperry_) November 9, 2023 Feds peruse client list of powerful ‘johns’ after bust of high-end …
Nationalists up in Barcelona now – marching against the socialist coup in Spain pic.twitter.com/7yAp34SdXS — Jack Posobiec (@JackPosobiec) November 9, 2023 Spanish patriots rise up: "Spain is Christian, not Muslim!" pic.twitter.com/gJ1SK8Y11A — RadioGenoa (@RadioGenoa) November 9, 2023 NOW – Anti-socialist demonstrations in Madrid.pic.twitter.com/yEBkY2Gtx4 — Disclose.tv (@disclosetv) November 9, 2023 https://twitter.com/_/status/1722820050091196749 https://twitter.com/_/status/1723311587153616994 Spain is rising up …
The housing market appears to be spiraling. Many homeowners, even the affluent ones, seem desperate to sell their properties, some resorting to significant price slashes. For instance, a listing in Houston has seen a substantial -12% price cut, yet it remains unsold. This echoes a broader trend: Wall Street investors are shedding their homes in …
Recent reports have sparked concerns as multiple indicators paint a grim picture for the economy. In line with JP Morgan’s data, hedge funds are observed to be drastically reducing their long exposure, reflecting an unprecedented level of caution in financial markets. Meanwhile, the trucking and freight industries are showing signs of a severe downturn. With …
Total holdings of US Treasuries by China are at the lowest level since 2009 👀 pic.twitter.com/UEv2v5SPj3 — Markets & Mayhem (@Mayhem4Markets) November 12, 2023 Japanese investors are selling US corporate debt at a record pace 👀 pic.twitter.com/YxKZqSCuJe — Markets & Mayhem (@Mayhem4Markets) November 12, 2023 Investor actions with U.S. assets are raising alarms. Recent data …
San Francisco’s homeless population was entirely cleared out for Xi Jinping. The government can easily fix our cities overnight. It just doesn’t want to.pic.twitter.com/tBGmWCbwtX — End Wokeness (@EndWokeness) November 12, 2023 San Francisco before and after For Americans For Xi Jinping pic.twitter.com/XYcR7gfGDR — Citizen Free Press (@CitizenFreePres) November 12, 2023 They cleaned up the streets …
The financial health of the American system is notably troubling across multiple fronts. Delinquency rates on commercial real estate loans have reached their highest levels in a decade. Bank stocks in the U.S. are faltering, hitting all-time lows when benchmarked against the S&P 500. Jamie Dimon and family are planning to divest $141 million in …
The adjustments to Social Security are based on shaky CPI calculations that have been tampered with since the ’70s, and it’s downright infuriating. The BLS’s inflation estimates need some serious investigating. And it gets even worse. The cost of living adjustments for Social Security are based off of the government's CPI estimates of inflation. Since …
by Palpatine tl;dr: a research accident in Guangzhou, China may have released a cancer causing virus into the wild What is happening: In Guangzhou, China, 3 researchers in the second Sun-Yat sen memorial hospital caught cancer, all of them rare subtypes of cancer, all of them caused by the knockdown/knockout of the gene SMARCS1/INI1. These …
