Independent thinking for complex markets and current events
The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.
With tens of trillions more in debt … oh boy is different! — Timbo (@Timboo) October 29, 2023 Since QT started, stocks have been on their own, after having been babied by the Fed since 2008. And it’s not working out 🔥 The Nasdaq Composite closed on Friday at 12,643, down 22% from the peak …
by confoundedinterest17 Bidenomics is a windfall for the donor class (high rate of return on campaign contributions) while the middle class gets beaten to a pulp. Waiting for Biden to lean over and creepily whisper “It’s working!” Even though it is clearly not working, at least for the middle class. Evidence that Bidenomics is not …
Biden's escalation of global conflict right now isn't a coincidence. This has all been planned, coordinated & timed as a narrative of the market crash + bank failures There's more though. They need an incident or false flag to directly blame Iran for the events already in motion https://t.co/hWhNv3iVMI — Financelot (@FinanceLancelot) October 29, 2023 …
by confoundedinterest17 To paraphrase AC/DC, the US is back in red. Let’s start with personal savings as a percentage of disposable income. It has been in the red (meaning very low) under Billions Biden. And The Fed is really in the red under Biden’s inflation rattling spending with losses leading to a surge in remittances. And …
via naturalnews: For Wolf Richter, publisher of finance and econ site Wolf Street, the long-term treasury market is finally waking up from its delusion that the Fed is going to gradually cool inflation to its target of two percent. It is also finally admitting it cannot normalize interest rates after having spent 18 months believing in the …
This is WORSE than the 2008 Financial Crisis Credit card defaults are rising at levels NEVER seen in 3 decades pic.twitter.com/ckQqHGWKKg — Bravos Research (@bravosresearch) October 28, 2023 https://twitter.com/online_shogun/status/1718180719027974636 📉 Big banks' massive layoffs are sounding the alarm for a potential market crash worse than 2008. Don't miss this crucial analysis.#MarketCrash #EconomicCrisis #BankLayoffs #FinancialNews #EconomicAnalysis …
https://www.youtube.com/watch?v=aRUEJcosvC8 Phase two of the housing bubble burst is officially here. A major reversal has started as sellers continue to slash prices amid rising mortgage rates. A wave of price cuts is about to change everything in the market, especially with inventory levels increasing while demand is falling off a cliff. This is the turning …
From Peter Reagan at Birch Gold Group Summary U.S. banks are in worse financial shape today than in March Fractional reserve banking is inherently unstable Data show it’s unlikely we’ve seen the last bank collapse of 2023 On top of the government robbing us blind to cover interest payments on its debt, the U.S. could be on …
South Park just obliterated Hollywood over their anti-white wokeness pic.twitter.com/kJNBjTRc23 — End Wokeness (@EndWokeness) October 27, 2023 https://twitter.com/_/status/1717952996250702033 South Park has been calling it like it is (or will be) since its inception. The other night we had it on, and saw this gem from 2002. Over 20 YEARS ago. Season 6 Episode 14. Mr. …
#Breaking The Israeli army announces "the significant expansion of ground operations" in #Gaza these moments. This is believed to be the declaration of the long awaited ground incursion. — Gaza Report – اخبار غزة (@gaza_report) October 27, 2023 In the past 20 minutes, Palestinian and Israeli media are reporting that the Israeli Air Force (IAF) …
Markets are indicating a prolonged period of higher interest rates. Economist El-Erian warns Treasury bonds are losing their safe-haven status. Despite escalating tensions and a surge in bond issuance, yields are rising, and investors are turning to volatile assets, signaling a major downturn for the bond market. Rats are starting to jump ship. The foundation …
by DesmondMilesDant The data released by the US Bureau of Economic Analysis on October 26th showed that real GDP growth in the third quarter was 4.9 percent, 0.5 percentage points below the final GDPNow model nowcast released on October 25th. This suggests that inflationary pressures may be starting to build in the economy and could …
by confoundedinterest17 Biden’s leading “economist” Lael Brainard loves to brag about the strong economy under Bidenomics, and then pulled a brain freeze when asked about crashing savings rates as consumers struggle with inflation. The good news? One of The Fed’s favorite inflation indicators – Core PCE Deflator – slowed to 3.7% YoY in September (its lowest …
Sep 26, 2023 Target has announced that it will close nine of its stores nationwide, including one on 117th Street in East Harlem on October 21, citing rampant shoplifting that threatens the safety of employees and customers. Jul 18, 2023 San Francisco supermarkets and retailers are implementing unprecedented security measures to thwart what has been described as …
by j_stars The IWM ETF tracks the Russell 2000 Index, which is a market-cap weighted index of small-cap stocks. The fund has a expense ratio of 0.20%. Small business owners are struggling, despite claims of a thriving economy. Janet Yellen is (apparently) still on Mushrooms.
The passage of the Energy Act 2023 marks a significant development in the world of smart meters. Under this legislation, authorities gain the power to employ “reasonable force” to enter homes and install these meters, enabling them to exert control over energy consumption through a “load control system.” Non-compliance with this directive carries severe consequences, …
The 2008 financial crisis ushered in the era of central bank intervention. What began as emergency measures, meant to rescue the economy after the bursting of the housing bubble, has turned into a permanent policy. The Federal reserve slashed its interest rate to zero, and kept it there for seven straight years. In addition, it …
The recent change in Jerome Powell’s approach is indeed noteworthy. Having refrained from criticizing Congress during the extensive $6 trillion COVID spending period, his newfound willingness to do so suggests a shift in tone and approach. 5 years late, Jerome Powell finally admits maybe federal spending is a problem. When your professional counterfeiter is worried …
The cost of goods and services rose 0.4 percent for a second consecutive month in September, challenging the view that the Federal Reserve’s rate hikes are still bringing down inflation. The personal consumption expenditure price index was expected to cool slightly from the prior month. Over the past year, the index is up 3.4 percent. …
…I would not bet on us to win. Whoever brought this trash into our military, did it to intentionally sabotage our ability to fight and win wars. We have US soldiers dressing up as drag queens while wearing their uniform. The world is laughing at us. pic.twitter.com/1sRvs6HEEa — Libs of TikTok (@libsoftiktok) October 22, 2023 …
New on MoA: Ukraine’s Sudden High Air Losses Likely Caused By New Russian Missiles I am not sure how valid this is but I am sure it is relevant: Victor vicktop55 @vicktop55 – 16:58 UTC · Oct 24, 2023Military expert Vladislav Shurygin: The Pentagon has become sharply concerned about the suddenly increased effectiveness of the Russian …
Allegations surrounding the FBI’s handling of investigations, notably the shutdown of inquiries into a purported $10 million bribe to Ukraine and 17 audio recordings of alleged Biden criminal activity, have raised serious concerns. In contrast, past actions, such as planting information against Trump and disseminating a fake dossier to undermine his presidency, have fueled suspicions …
https://twitter.com/ClownWorld_/status/1717585214904418362 PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report Chinese oil and gas company PetroChina (0857) has completed the first international crude oil trade using the country’s central bank digital currency (CBDC), the e-CNY, China Daily reported on Saturday. PetroChina bought 1 million barrels of crude oil settled in e-CNY, or …
The Pentagon said the military on Thursday carried out strikes against two facilities in eastern Syria used by Iran’s Revolutionary Guards and groups backing it… https://shafaq.com/ar/…. 🚨#BREAKING: The United States has conducted multiple air strikes against Iranian proxies in multiple locations in Syria. pic.twitter.com/Mqwp7e07Aa — R A W S A L E R T S …
KJP gives predictable answer when asked about Maine shooting: "Let’s work together to ban assault weapons and high capacity magazines." pic.twitter.com/KuCCZ17hii — Citizen Free Press (@CitizenFreePres) October 26, 2023 VP Harris Speaks After 18 People Killed in Maine Shooting: "Gun violence has terrorized and traumatized so many of our communities in this country…It does not …
The apparent contradiction of +4.9% GDP growth amid concerning economic indicators raises questions about the true source of this growth. Notably, spiking continuing claims in unemployment and the drop in UPS shares, driven by decreased package demand and a collapse in U.S. demand for cardboard boxes, underscore the uncertainty surrounding the reported economic expansion. With …
by confoundedinterest17 Bidenomics is the gift that keeps on giving … if you are one of the top 1% of income. But if you are in the middle class, Bidenomics is like a horror movie. Pending home sales fell 7.1% in August 2023, with all four regions of the U.S. posting month-over-month and year-over-year declines …
The U.S. deficit, as reported by The Wall Street Journal, is expanding at a pace twice as rapid as initially projected, primarily due to the previously undisclosed student loan debt. This trajectory points to a 2024 deficit that could surpass last year’s by a staggering $600 billion, representing a 40% surge within a single year. …
Megacap stocks are now aligning with the broader market’s downward trend, highlighting a significant shift. As reiterated, the path forward seems to depend on two potential scenarios: either interest rates experience a substantial and unexpected decline from their current levels, or the valuations of these high-flying stocks face a profound reappraisal. Agreed 100%. Chart below …
Homebuyer traffic has experienced a significant decline, nearly 40% since the beginning of 2023, reaching levels not seen since the 2020 lockdowns, the 2008 financial crisis, and the 1980s housing crash. What makes the situation intriguing is the recent surge in new home sales, rising by 12.3% in September, defying expectations of a decline, all …