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by confoundedinterest17 Bidenomics strikes … again. No, not his inane ramblings about Hamas being “the other team” or that Hamas has to learn to shoot straight. But his policies freezing effects on the economy. Like housing. Existing-home sales faded in September, according to the National Association of REALTORS®. Among the four major U.S. regions, sales rose …
by EuphoricTrilby This is the DOJ’s most brazen example of unequal application of the law. These are two memes with the exact same message, but pointed in opposite political directions. Yet the one that mocks Hillary supporters gets 7 months in prison, while the other one makes you a “feminist defender of democracy”. Elon Musk …
Global economic activity, expressed as trade (imports + exports) and industrial production combined, is clearly in #recession. It is hard to fathom how the U.S can dodge the bullet. pic.twitter.com/gBVO44Mm28 — RecessionALERT (@RecessionAlert) October 17, 2023 Asian stocks declined amid headwinds from lingering geopolitical risks and higher yields… pic.twitter.com/gF4KmlJ0oU — Newsquawk (@Newsquawk) October 19, 2023 …
✓iSN™ ALERT BIDEN TRIP TO ISRAEL CUT SHORT DUE TO MEDICAL EMERGENCY President Had To Be Flown Back To US For Unspecified Procedure After Just 7 Hours On The Ground [Developing] pic.twitter.com/cgWIwi2c6Z — iSource News (@isource_news) October 19, 2023 https://twitter.com/_/status/1714950663682015527 What’s up with BIDEN’S CHIN? Anyone notice that? 10/18/23 pic.twitter.com/VGJ99iKuPg — Dr. Truth (@Tony11Sim) October …
The Nasdaq’s return compared to US Treasuries is now at a record high, surpassing levels seen during previous bubbles and indicating a significant gap between equity and bond returns. So many unsustainable metrics out there right now. This also underscores the significant outperformance of the S&P 7 to the remainder of the index. Markets are …
by confoundedinterest17 Housing in the US is simply unaffordable! Under Bidenomics, home prices are up 30% while real weekly earnings growth has been negative for most of Biden’s Presidency. And mortgage rates are up 178% under Bidenomics. Sky-high mortgage rates and still-rising home prices have made it harder than ever to afford a home, especially for …
by acg7 You would have paid $381.11 for it. As of this exact second, that same share is worth $431.92 This imputes an annual ROI of 4.67%. However inflation has been out control. And it now takes $448.43 to buy the same amount today, that you could buy for $381.11 in January of 2021. Meaning if …
Morgan Stanley’s stock takes a significant dive, while Bank of America sees a decline in deposits, albeit slower than JPMorgan Chase, amid increasing competition for deposits. The U.S. commercial property sector is experiencing its highest distress level in a decade, with significant debt and defaults among major players, hinting at an impending reckoning as substantial …
Small companies employ almost 50% of all US employees Any significant impact on these businesses would have severe consequences for employment From 2024 onwards, a lot of these companies will start to have refinancing requirements as their outstanding debt comes due The big… pic.twitter.com/ikidGowail — Bravos Research (@bravosresearch) October 18, 2023 Other announcements in the …
by absoluteunitVolcker For basically all of its history, the Fed is self-funded, turns a profit and sends it to the Treasury (the taxpayer). Now the Fed is rapidly losing money, underwater on its investments and its liabilities will soon exceed its assets: Technically since the Fed can fabricate money infinitely, it can’t actually go bankrupt. …
by DesmondMilesDant Caption: High-quality debt created by data provider BondCliQ. https://www.bloomberg.com/news/articl… Caption: This H-portfolio contains 30 bonds covering major sectors such as tech, utilities, energy and financials, and includes bonds sold by Deere Capital Corp., Lowe’s Cos Inc., AMZN etc. This is the largest, most liquid, market in the world. It is heading …
This is how close we are to a market crash: pic.twitter.com/eP8PFXI0AQ — Mac10 (@SuburbanDrone) October 17, 2023 Walmart CEO Warns Americans Will Freak Out This Winter As Prices Continue to Soar; Goldman Warns of a Consumer Crisis Bulls, artificial intelligence got you into this mess, but it can't get you out. pic.twitter.com/rnMmt8so61 — Mac10 (@SuburbanDrone) …
Mortgage rates are now officially TRIPLE where they were just 2 years ago. However, the median sales price of a home continues to rise. Affordability is so bad that not even investors can afford to buy. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 17, 2023 US …
Chinese property stocks are on track for a 14-year low, as stress in the sector continues to rise amid slumping home sales and deepening debt woes for major developers, per Bloomberg. — unusual_whales (@unusual_whales) October 18, 2023 Fears that Country Garden will defaultAre growing by the day pic.twitter.com/Shl9wCMNca — Longview Economics (@Lvieweconomics) October 18, 2023 …
This is just further proof that the Fed’s policies are harming the economy and benefiting only the rich. The fact that bankruptcies are rising shows that businesses are struggling to keep up with higher interest rates, and this is ultimately going to hurt consumers as well. The Fed needs to stop hiking rates and start …
Americans are about to hit a breaking point, according to Walmart’s CEO. Soaring prices are severely impacting consumer spending habits, and the world’s biggest retailer is worried about how this trend is going to affect its bottom line this fall and winter. Bill Simon, the head of U.S. operations for four years, revealed that for …
By Graham Summers, MBA The yield on the all-important 10-Year U.S. Treasury is spiking again. As I write this, it’s about to take out its former highs. There are no shortage of reasons. First and foremost, Inflation remains HOT. Mainstream economists have been high-fiving one another because CPI is now 3.7%. Apparently the fact prices …
https://twitter.com/_/status/1714335226158100510?ref_src=twsrc%5Etfw 🚨BREAKING: Hospital in Gaza has been Bombed Reports claim that the Israeli Forces targeted the Baptist Hospital in Gaza, resulting in 200+ casualties so far. Source: Al Arabiya pic.twitter.com/dThfvyGa0U — Mario Nawfal (@MarioNawfal) October 17, 2023 So it miss fired around hospital you told to evacuate 🤌🏻 — P U T E E N …
Despite the Federal Reserve’s efforts, high inflation persists due to the growing deficits and the nation’s $33 trillion national debt, indicating that Congressional action to control spending may be the only effective solution to address this ongoing issue. Yes, and increase in rates is a huge problem too. With $33.529 trillion in debt, if the …
Celebrity chef Michael Chiarello’s death at 61 was caused by ‘unknown allergen’ and his family ‘may never know’ what prompted allergic reaction The prominent Italian-American chef died on October 6 following an ‘acute allergic reaction that led to anaphylactic shock’ A representative for the late star revealed that ‘doctors don’t know what caused the allergic reaction’ in …
A resurgence of citizen activism is making waves on Capitol Hill. Conservatives across the United States are rallying behind Rep. Jim Jordan (R-OH) as he vies for the position of Speaker of the House. Breitbart News reported that conservatives are “melting” phone lines with calls to GOP members of Congress, urging them to put an …
As companies face increasing costs and other challenges, corporate earnings might soon start to fall, and this could impact the stock market during an important earnings season. Now is not the time to disregard this chart during what could be the most important earnings season of this business cycle. Corporate earnings are currently at a …
From 2014: WikiLeaks documents show that Israel was interested in empowering Hamas in attempt to end the first Intifada – Hamas "serves as a useful counter-force" Link: https://t.co/RKwzIzU6nn pic.twitter.com/dtzQllnuhM — WikiLeaks (@wikileaks) October 17, 2023 'WikiLeaks cable from US Embassy in Tel Aviv says Israeli officials told US in 2008 they wanted Gaza's economy 'functioning …
View post on imgur.com Approximately 70 million Americans will see a 5.9% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2022. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W). The CPI-W rises when inflation increases, leading to a higher …
“Since 9/11, America’s War on Terror has had staggering consequences: 37 million people displaced, 4.5 million lives lost, and a jaw-dropping $8 trillion price tag. US-backed wars funneled millions of refugees to the US and Europe. Over his 50-year career, President Biden championed these foreign wars and interventions. Including the contentious NATO expansion and US …
The sharp increase in credit card losses, coupled with the rise in evictions and loan delinquencies, paints a bleak picture for the economy, reminiscent of the challenging times during the Great Financial Crisis. Food Prices up Over 20%, Credit Card Delinquencies Now Higher As Credit Card Debt Grows on Inflation Despite Paul Krugman’s assurance that …
Tech companies have recently cut 400K+ jobs.. Tech companies have cut 400K+ jobs, and the competition is fierce. As the industry faces a reckoning, job seekers fight for a smaller number of positions. Read the full article here: 🔗 https://t.co/NbWyjT4d2i — WIRED (@WIRED) October 12, 2023 Nasdaq breadth hits new all time low. We have …
This can’t be good. How long can this go on for? This increase equates to $ 8 trillion per year. JUST IN: Total US debt jumped by $500 billion in just 18 days after hitting $33 trillion, according to Zerohedge. To be exact, total US debt is now at $33.513 trillion. This means the US …
Fun fact: bank credit is now contracting! Since dollar standard (‘71), that’s only happened once before: 2008. Losses in T bonds will far worse than mortgage losses. Stocks are on the verge of a massive collapse. Fractional banking does’t work in reverse. Few. pic.twitter.com/0fzX16lYGn — Porter Stansberry (@porterstansb) October 15, 2023 Banks losses on held …
Searches for "Can't pay credit card" hitting all time highs pic.twitter.com/s7hkSebIq2 — Darth Powell (@VladTheInflator) October 15, 2023 Credit card spending is finally starting to collapse… pic.twitter.com/XaMDwzyEIc — Bravos Research (@bravosresearch) October 16, 2023 Parallels of 2018 keep flashing red. Back then US retail spending collapsed in November and December causing a #recession scare. Chart …