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The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.

Canadian Inflation Hits 4.0% in August, Prompts Bank of Canada to Pause Rate Hikes Amid Economic Contraction and Home Prices Decline

Canadian Inflation Climbs to 4.0% in August, Driven by Soaring Gasoline Prices – Bank of Canada Pauses Rate Hikes Amid Economic Contraction In August, Canada experienced a notable inflation rate surge, reaching 4.0%, primarily attributed to the steep rise in gasoline prices. This rapid increase in consumer prices has raised concerns about the overall economic …

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Crude Oil barrel price up over 30%+ in past 90 days

Surging over $92 a barrel today, oil continues to climb since late June to exceed a 30% price increase over 90 days. (click on “1D” above chart) https://www.investing.com/commodities/crude-oil With the extension of the Russia/Saudi production cut as of 09/05/2023 past 12/31/2023, this trend is likely to continue and exceed $100 a barrel before September’s end. …

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Bank Deposit Rates Plunge to Record Lows While Alternatives Offer 5% Yields – $1 Trillion in Deposits Flee Banks

Interest rates on bank deposits are reaching rock bottom, with major banks offering meager rates like Wells Fargo at 0.15%, Citibank at 0.05%, Chase, Bank of America, and US Bank all hovering at a mere 0.01%. In contrast, alternatives to traditional bank deposits are offering significantly higher returns, with Certificates of Deposit (CDs) topping the …

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Dan Patrick: Biden Thinks the ‘American Public Is Just Stupid’ Regarding Illegal Aliens

One of the Largest Surges Ever of Illegal Aliens Hit Texas This Morning [VIDEO]   New York City’s Emergency Response Times Increase as Police, Fire Departments Prepare for Budget Cuts to Offset Cost of Illegal Alien Services Freight Train Fill of Illegals Heading to Southern US Border Always “Pondering,” Never Acting: Illegal Crossings Skyrocket at …

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Economic Storm Brewing: Recession Looms as Warning Signs Multiply

The warning signs are becoming more pronounced, and it appears that a recession may be looming closer than expected. Tightening liquidity is often a precursor to economic downturns. This is evident in the increasing number of companies closing their doors and factories declaring bankruptcy. These are clear indicators of economic distress that should not be …

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Economic Warning Signs Flash: Impending Housing Bubble Implosion, Soaring Credit Card Rates, and Rising Bankruptcies Threaten Wealth

The current economic landscape raises concerns about the potential for significant wealth destruction when Housing Bubble 2.0, fueled by the Federal Reserve’s policies, eventually implodes. Housing Bubble 2.0: Recent data indicates that the implosion of Housing Bubble 2.0 is gaining momentum, with U.S. housing starts falling by a substantial 11.3%. This decline underscores the vulnerability …

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What could possibly go wrong? FBI and DNC to open grocery stores in Chicago

by Ed Driscoll Just What Chicago Needs, Government-Owned Grocery Stores. Now, no doubt Chicago’s city-run grocery stores would have the same service, efficiency, and quality that Chicago residents have come to expect from the local government of a city ranked 149th in its financial stability, 67th in its education system, 71st in its health-care system, 80th in its …

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The labor situation in the U.S. auto industry is escalating rapidly, with potential far-reaching consequences

Threat of Expanded Strike: United Auto Workers (UAW) have issued a threat to expand their ongoing strike, which initially involved workers at Ford, Stellantis, and GM. Currently, around 13,000 out of 144,000 UAW workers are already on strike, but the situation is becoming increasingly volatile. Historic Strike: Notably, this marks the first time in history …

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Three Charts Every Investors Needs to See Today

By Graham Summers, MBA Inflation is back. While mainstream economists prance around on television claiming that inflation has been defeated, the real data suggests otherwise. It’s a well known “secret” on Wall Street that the official inflation measure, the Consumer Price Index, or CPI, is heavily massaged to UNDER-state inflation. However, even the CPI, with …

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Financial Instability Looms as Credit Losses and Corporate Defaults Surge, Challenging a Smooth Economic Landing

The financial landscape is showing signs of entering the second phase of the credit cycle, where financial institutions suddenly face the realization of credit losses. This is causing notable instability and liquidity challenges within the banking system. Simultaneously, many companies are struggling to meet their debt obligations. August was a particularly troublesome month, witnessing the …

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The situation in Sweden appears to be echoing concerns seen in other parts of the world, particularly in the housing market.

Currently, existing mortgage holders in Sweden are making monthly capital repayments that are on par with the demand for new mortgage debt. This is quite an unusual scenario, and it carries bearish implications for house prices. In simpler terms, it suggests that the housing market is facing some headwinds. Adding to this, it’s worth noting …

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Nearly half of student loan borrowers plan to default

Half plan to default ☝️ But, Younger people drove the spending over summer 👇 pic.twitter.com/9QpEOcST4v — Win Smart, CFA (@WinfieldSmart) September 18, 2023 This situation could be quite concerning for several reasons: Credit Score Damage: When people default on their student loans, it can wreak havoc on their credit scores. This means they’ll have trouble …

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Decades Apart: Median Family Income vs. Skyrocketing Housing Costs in the U.S. – A Widening Gap

The contrast between the United States in 1960 and 2023 is quite striking when you look at these key economic figures. Back in 1960, the median family income stood at $5,600, while the median cost of a house was $11,900. These numbers illustrate a very different economic landscape, where incomes were considerably lower compared to …

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California Passes Four Controversial Bills Allowing Private Conversations with Children, Bypassing Parental Notification

This Is HORRIFYING CALIFORNIA “In the last 24 hours, the California legislature has passed not one, not two, but four bills that are designed to remove children from their homes and into government systems where adults can have private conversations with them. And everyone, and I mean everyone from the school bus driver to the …

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Czech Republic Faces Deep Divisions as Pro-Russia Rallies and Calls for Government Resignation Emerge Amid Ukraine Conflict

In the Czech Republic, there’s a noteworthy situation unfolding. First, there are rallies happening in support of Russia. These rallies likely involve people who sympathize with Russia’s position in the ongoing conflict. On the other side of the spectrum, there are protesters who are firmly against the supply of weapons to Ukraine. They believe that …

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This was $90… 1930s soup lines soon

1930s soup lines soon. https://t.co/ItBI4sp9t3 — Financelot (@FinanceLancelot) September 16, 2023 Soup lines are for those who can't afford a car — Financelot (@FinanceLancelot) September 16, 2023 Let’s go Brandon! Inflation: Could higher gas prices be good? (Latest DNC talking point: inflation is our friend)  

The coup de état in Congo has resulted in the army taking over facilities.

BREAKING! There is a military coup in Congo Brazaville at the moment. Congo president Nguesso is reported to be in US at the moment. He's been in power for decades. LETS GO! pic.twitter.com/IyuCZfBimj — AfricaDigest (@africlandpost) September 17, 2023 While the country’s president, Denis Sassou Nguesso, 79, is in New York, the army is taking …

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California is suing Big Oil for lying about climate change – Junk science is their delusion

Think $5/gal gas is expensive? Climate-tard Democrats want you to pay even more to fund their climate change delusion based on Algore junk science fueled by their schizophrenia. California is suing Big Oil for lying about climate change. We're taking five major oil companies to court for wreaking havoc on our planet and lying to …

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Elon Musk: “At the risk of stating the obvious, I don’t know what’s going on with every part of this platform all the time, but our policy worldwide is to fight for maximum freedom of speech under the law.”

At the risk of stating the obvious, I don’t know what’s going on with every part of this platform all the time, but our policy worldwide is to fight for maximum freedom of speech under the law. Anyone working for X Corp who does not operate according to this principle will be… https://t.co/9gkIOnF8hu — Elon …

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American workers are striking at a record pace

by DesmondMilesDant The data is clear: workdays lost to stoppages have been on the rise in recent years, reaching a peak of 4.1 million days in August 2023. This trend is concerning, as it suggests that more and more workers are being impacted by raising living cost. The reasons for this increase are likely varied, …

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The State Of Massachusetts Wants It’s Citizens To Host Illegal Families In Their Home!

As Illegals Pour Across The US Mexico Southern Border & Americans Are Being Crushed By Record Inflation, The State Of Massachusetts Has A Solution. Host The Illegal Families In Your Home! “If you have an extra room or a suite in your home, please consider hosting a family” You… pic.twitter.com/H3Dy9ALny1 — Wall Street Apes (@WallStreetApes) …

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Due to record-high levels of debt accumulation across sectors, rising interest rates, and inflation, the current economic situation is under threat of becoming unsustainable.

Record-High Household Debt: The fact that household debt in the U.S. has reached $17.1 trillion is alarming. High levels of household debt can strain individuals and families, making it difficult for them to manage their finances and save for the future. Mortgage Debt: The record $12.0 trillion in mortgage debt indicates a growing burden on …

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On Monday, National Cheeseburger Day is celebrated with Wendy’s and McDonald’s selling cheeseburgers at $0.01 and $0.50, respectively.

WARNING ⛔️ National Cheeseburger Day Is Tomorrow & According To The Simpsons IT’S A TRAP Wendy’s is selling cheeseburgers for $0.01 & McDonald’s for $0.50 but you might want to watch this video… Predictive programming is a subtle form of psychological conditioning provided by… pic.twitter.com/BLZrg7fYpo — Wall Street Apes (@WallStreetApes) September 17, 2023 McDonald’s, Wendy’s …

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Attorney General Ken Paxton Releases Statement Following His Acquittal of Sham Impeachment – Issues Stern Warning to the Biden Regime

My statement on today’s Senate acquittal vote: pic.twitter.com/XZrbfEB5ny — Attorney General Ken Paxton (@KenPaxtonTX) September 16, 2023 The jury has spoken. Attorney General Ken Paxton received a fair trial as required by the Texas Constitution. I look forward to continuing to work with the Attorney General to secure the border and protect Texas from federal …

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