Heads Up

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

The government is set to shutdown on Oct 2, 2023, the same day markets fell apart in 2008, would trigger the same panic similar.

Just when you thought the debt ceiling issues were over, the government is ready to shutdown on Oct 2, 2023. This is the exact same day markets fell apart in 2008 & would absolutely trigger the same panic (see the charts below). Coincidence? This appears to be the narrative😏 https://t.co/CY0GX9zGuC pic.twitter.com/17oUOL8dsC — Financelot (@FinanceLancelot) August …

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Is America Doomed?

by Michael Is time running out for America?  Throughout human history, great civilizations have risen and fell, and many believe that the U.S. will be no exception.  At this point, we have already drifted so far from our core values that our founders would not even be able to recognize the Republic that they once …

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Yellen calls rising credit card debt the sign of a strong consumer. No, Janet, it means tapped out consumers are sinking further into debt they can’t possibly repay.

The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt. pic.twitter.com/xU9iQN2f5f — MapleMAGA 🇨🇦🇺🇸 (@MapleMAGAw5) August 8, 2023 US Total Household Debt Hits an All-Time High of $17 Trillion; Credit Card Debt Also Sets New Record …

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The Dragon’s Final Breath

by timewourp Quickly Analyzing the Impending Chinese Economic Collapse Hey y’all, gather ’round as we delve into the potential pitfalls of the colossal Chinese economy. Grab your popcorn and your puts, because we’re about to expose the red dragon’s Achilles’ heel. Demographic Disaster: China’s “one-child policy” fallout is STILL haunting them like a ghost in …

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50% of rental properties acquired with fraudulent occupancy; exit while equity remains, avoid foreclosures.

https://twitter.com/GRomePow/status/1688978516279513088 How do you have 11 Owner-Occupied rentals?!? pic.twitter.com/CqL80zEkhI — Darth Powell (@VladTheInflator) August 7, 2023 They'll never tell you the truth. It's always going to be a "soft landing." pic.twitter.com/6qLSPMAbb4 — Minsky Moment (@BP_Rising) August 8, 2023 Mortgage rates just topped 7% — The Long View (@HayekAndKeynes) August 8, 2023 MOODY'S: US BANK DOWNGRADES …

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New York Fed: Total Household Debt Reaches $17.06 Trillion in Q2 2023 (increased by $2.9 trillion since the end of 2019); Credit Card Debt Exceeds $1 Trillion for the first time. The Debt Time Bomb is Ticking…

by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2023Q2 https://www.newyorkfed.org/microeconomics/hhdc.html Wut mean?: Credit Card Balances: A notable increase of $45 billion to a record $1.03 trillion, along with a rise in credit card account limits to $4.6 trillion. Mortgages: Balances remained steady at $12.01 trillion. Mortgage originations, including refinances, were at $393 billion, up by $70 billion from Q1. Auto Loans: Increased by $20 …

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The DOJ is potentially looking to prosecute independent journalist Steve Baker (@TPC4USA on Twitter) for his reporting on January 6.

by Regular_Witness_7014 He is about to drop a story which he says he has been working on for the past 10 months and that is the reason for his persecution. Add – He doesn’t sound ‘suicidal’. Baker joined @EmeraldRobinson to detail how the FBI and DOJ have been harassing him. You can watch the video …

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Both tax receipts and US revolving consumer credit are down

by DesmondMilesDant 40.3 points in August from 41.3 in July '23, US Economic Optimism Index drops again. Lowest since October. A hint for the wise is enough. pic.twitter.com/5VfoIjjV7i — Don Johnson (@DonMiami3) August 8, 2023 “Soft landing” news on @business is now higher than in 2000 and 2007. #macro https://t.co/4hl26TWkMQ pic.twitter.com/j329uSp4ch — Kantro (@MichaelKantro) August …

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SEC Charges 11 Wall Street Firms with Widespread Recordkeeping Failures and agreed to pay combined penalties of $289 million. Wedbush Securities, Houlihan Lokey, SMBC Nikko, SG Americas, Moelis, Wells Fargo, Mizuho, BMO, BNP Paribas

by Dismal-Jellyfish SEC Order – Wedbush Securities Inc SEC Order – Houlihan Lokey Capital Inc. SEC Order – SMBC Nikko Securities America Inc. SEC Order – SG Americas Securities LLC Moelis & Company LLC Wells Fargo Securities LLC, Wells Fargo Clearing Services LLC, and Wells Fargo … Mizuho Securities USA LLC BMO Capital Markets Corp. …

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Greta Thunderdong rages as people tire of her gig

“Greta Thunberg will no longer appear at a large Scottish book festival this week, saying she does not want to be “associated with events” connected to the fossil fuel industry. Greenwashing refers to a phenomenon of companies or firms that outwardly market themselves as environmentally conscious but, in practice, fail to live up to those …

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Bill Maher — I actually think Jeffrey Epstein did kill himself… Epstein neck wound was not caused by a bedsheet…

Inside the cell where Jeffrey Epstein killed himself: Graphic autopsy photos show his bloodied neck, nooses made from bed sheets, prescription pills and electrical cords WARNING: GRAPHIC IMAGES  Images obtained by 60 Minutes were taken by the New York City medical examiner’s office after Jeffrey Epstein killed himself The millionaire pedophile’s death at Manhattan’s Metropolitan Correctional …

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As Far As the Eye Can See. Never Before Seen J6 Video

https://twitter.com/_/status/1688633844751015936 FLASHBACK: Bombshell video reveals undercover police officers posing as ANTIFA RIOTERS on J6.. JAN 6TH WAS A SET-UP FROM THE BEGINNING.. https://t.co/uIcWRUXb8c — Chuck Callesto (@ChuckCallesto) August 8, 2023 DOJ threatens to arrest J6 reporter… The DOJ is potentially looking to prosecute independent journalist Steve Baker (@TPC4USA) for his reporting on January 6. Baker …

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MOODY’S DOWNGRADES 10 U.S. BANKS, WARNS OF POSSIBLE CUTS TO OTHERS.

Moody’s cuts US banks due to rising funding costs and Rising risk tied to Commercial Real Estate (CRE) loans Moody’s Investors Service hs lowered credit ratings for 10 small and midsize US banks and said it may downgrade major lenders including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial …

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No one is prepared: Money-market funds are offering the highest yields since 2007; NVDA can take down the entire stock market alone; Speculators are more short treasuries now than they ever have in history…

Markets are RED https://finviz.com/futures.ashx Money-market funds are offering the highest yields since **2007** The yield on 100 of the largest mm funds recently hovered at 5.13%, highest in 16 years –Crane Datahttps://t.co/5pmUpnhAae @WSJmarkets pic.twitter.com/eTNjZdcaod — Gunjan Banerji (@GunjanJS) August 8, 2023 https://twitter.com/leadlagreport/status/1688894857132085248 Speculators are more short treasuries now than they ever have in history… at …

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Self made crisis: “Italy surprises markets with the announcement of a 40% ‘windfall’ tax on banks”

Italy intentionally causing a banking crisis? 🤨 "Italy surprises markets with the announcement of a 40% 'windfall' tax on banks" pic.twitter.com/HGycE4y8ud — Financelot (@FinanceLancelot) August 8, 2023 ⚠️ 𝗜𝗧𝗔𝗟𝗜𝗔𝗡 𝗕𝗔𝗡𝗞𝗦 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗣𝗨𝗠𝗠𝗘𝗟𝗟𝗘𝗗 Full Story → https://t.co/XK4Cljl110 An index of euro zone banks .SX7E fell as much as 3.4% on Tuesday, after Italy approved a 40% …

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LOTS OF DISAPPOINTMENT COMING UP

Bulls are awfully happy today…apparently not having a very cool understanding of one of the most bearish structures in markets: the bearish running correction LOTS OF DISAPPOINTMENT COMING UP $SPX $SPY $ES_F pic.twitter.com/dFmPNp7wEy — @mcm_ct_usa (@mcm_ct_usa) August 7, 2023 The S&P 7, which are the biggest tech stocks, now account for 28.6% of the entire …

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Rep. Jim Jordan: Internal FB docs reveal that an FBI Special Agent made false statements in testimony about the FBI’s role in the suppression of the Hunter Biden laptop story

FBI Special Agent Elvis Chan is the main conduit between the FBI’s Foreign Influence Task Force and Big Tech. Agent Chan was in the meeting between the FBI and Facebook on Oct. 14, 2020—the day the @nypost published its story on the Hunter Biden laptop. — Rep. Jim Jordan (@Jim_Jordan) August 7, 2023 In July, …

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The American credit card fiasco has come to an end… revolving credit fell -$600M , the first decline in 2yrs… Shrinking number of Americans can afford a $400 emergency expense …

The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes “If sustained, a broader spending pullback could threaten the expansion” Yes, obviously (credit card debt …

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Bidenomics At Work! Yellow Files For Bankruptcy, Blames Union For “30,000 American Jobs lost”Bidenomics At Work!

by confoundedinterest17 Bidenomics at work! From the alleged more Pro-Union member of the US Senate and now El Presidente of the United Banana Republics of America. One of the biggest bankruptcies in US trucking history occurred Sunday when the nation’s third-largest less-than-truckload carrier, Yellow Corp., filed Chapter 11 in a Deleware court. The company has fallen …

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“Pain Trade” Points To A Steeper US Yield Curve As Fed Remittances To US Treasury Soar (The Cost Of Bidenomics’s BIG Policies)

by confoundedinterest17 Yes, Bidenomics is an FDR-type massive expansion of government into the private sectors requiring massive Federal spending … and inflation. Except that it beenfits anything BIG and powerful to the detriment of the small and weak. (Bloomberg) Friday’s jobs data sparked a relief rally in bonds and a flatter yield curve, but the pain …

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Wall St sees what’s coming, they are selling homes back to Main Street

So much for us becoming a nation of renters. Wall St sees what’s coming. pic.twitter.com/dpVLHTwXxt — QE Infinity (@StealthQE4) August 7, 2023 Banks Want to Dump Property Loans Goldman Sachs, JPMorgan Chase, and other lenders are facing challenges in selling commercial real estate debt due to rising concerns about the sector’s stability. The shift to …

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US spends 44% of GDP annually, comparable to World War 2, indicating fiscal deterioration and unsustainable government spending, surpassing 2008 levels.

Since the debt ceiling crisis, the US has already added nearly $1.5 trillion in debt. Meanwhile, tax receipts are down sharply this year. We are spending more and making less, a recipe for disaster. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 6, 2023 US Government To …

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Inflation is rocketing again… Cost for US middle-class family of four outstripping median male income.

Inflation is rocketing again, lumber/housing prepping to get crushed pic.twitter.com/bNXL7LByYM — Darth Powell (@VladTheInflator) August 7, 2023 ⚠️INFLATION⚠️ Cost for US middle-class family of four outstripping median male income. In 1985… ◼️Costs: $17,586/yr◼️Income: $23,036/yr◼️Net: +$5,450/yr In 2022… ◼️Cost: $75,732◼️Income: $63,388/yr◼️Net: -$12,344/yr h/t @LizAnnSonders @AmerCompass pic.twitter.com/TVqfc5POXA — Hedgeye (@Hedgeye) August 7, 2023 First-time homebuyers must now …

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Bear markets often have strong opens and weak closes, as seen last week; Leading economic indicators point to a rapidly deteriorating economy

I will reserve judgement on today's strong open until we see the close. Because that's what happens in bear markets – strong opens, weak closes. What we saw all last week. But really, what could go wrong? pic.twitter.com/PnEtb0MYXR — Mac10 (@SuburbanDrone) August 7, 2023 Big divergence between S&P 500 industrials and leading economic indicators The …

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When you ruin every place you rule, people eventually notice….

BASICALLY, BY BEING AWFUL: How the Democrats lost Florida: Their negligence in the former swing state paved a path for Republican dominance.   Rather than simply making America great again Ron DeSantis, Florida’s governor, is bent on making America Florida. That rallying-call should send shivers down any Democrat’s spine. In a state that used to swing, …

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