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Earnings a mixed bag after hours – Amazon up, Apple down. We'll see what happens tomorrow. The real story is the back up in bond yields, now heading to the 2023 highs. We are one too-hot data point away from breakout. pic.twitter.com/CLOOQnrAgs — Mac10 (@SuburbanDrone) August 3, 2023 This Apple report should be it for …
by confoundedinterest17 Bidenomics, the term for “Government Gone Wild! in terms of spending and EPA regulations, is a disaster for the US middle class and low wage workers. Even the 1% are now hurting if bought into Biden’s green lunacy. Ford is now down -48% since January 14, 2022 as The Fed started raising rates …
The retail apocalypse is in full force in 2023 — and Amazon is only making it more deadly for many retailers. In recent years, the shopping behavior of consumers has dramatically changed. Nowadays, more and more people are entirely relying on the internet for any purchasing. And brick-and-mortar stores have been closing by the thousands …
by Dismal-Jellyfish Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/july-filings-propel-2023-us-corporate-bankruptcy-tally-past-2022-s-total-76838356 US corporate bankruptcies rose again in July as high interest rates and a challenging operating environment continue to push US companies over the brink. S&P Global Market Intelligence recorded 64 corporate bankruptcy filings in July, the largest monthly total since March and more filings than in any single month in 2021 …
by bitkogan The savings of Americans, which swelled thanks to the government’s pandemic stimulus, have not only shrunk, but have even fallen below the level of the longer-term trend stretching back to before the pandemic. The key driver behind this is inflation, which is making expenses grow faster than incomes. The gap between personal income …
by Dismal-Jellyfish Source: https://www.evestment.com/news/hedge-fund-industry-asset-flow-report-june-2023/ Highlights: June 2023 witnessed the 13th straight month of net outflows in the hedge fund industry. June’s redemptions were lighter compared to previous years, with an estimated net $13.12 billion taken out, though it still resulted in the industry’s assets growing by $39.5 billion to approximately $3.439 trillion. Historically, June is …
I’ve seen the commercials on TV, get free money by claiming your business tax credit, we’ll get a check for you. Equivalent to the ambulance chasing lawyer commercials. Not sure how long this can go on, but $20-30 billion per month flowing into businesses from this program. October 1st is when student loan pause is …
Rumors Are Circulating That Justin Trudeau (The Dictator of Canada) and Emmanuel Macron (The Dictator of France) Had an Affair Together 🚨 pic.twitter.com/cgsdbRTbAF — Matt Wallace (@MattWallace888) August 3, 2023 https://twitter.com/_/status/1686778383860948992 [ ALERT ] TRUDEAU REACHED OUT TO MACRON FOR MARRIAGE ADVISE The two leaders spoke for well over an hour according to official sources. …
by Dismal-Jellyfish https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/august-2023 Highlights: The BoE decided to raise the Bank Rate by 0.25 percentage points to 5.25% with a 6-3 vote. New projections assume the Bank Rate will peak at just over 6% and average just under 5.5% over the next three years. Economic growth has been steady, but recent indicators show possible weakening. …
by Michael Time is running out for humanity. Our world becomes a little bit more like a really bad science fiction movie with each passing day, and our self-destructive tendencies are slowly but surely transforming our society into a living nightmare. Given enough time, we would destroy ourselves and everything around us. On a very …
by Michael A pattern has emerged that is undeniable. Companies that choose to “go woke” are going broke. In fact, this is even happening to some of the largest and most famous corporations in the entire country. There is a certain portion of the population that absolutely hates having “woke” propaganda shoved down their throats …
Animated: Global Debt Projections (2005-2027P) 💳️https://t.co/8XFqKNQowE pic.twitter.com/v4lUyCxnDE — Visual Capitalist (@VisualCap) August 1, 2023 In 1971, global debt was a “mere” $4 trillion. In 2023 global debt is $325T excluding derivatives. How much longer can this debt bubble go? 🚨 pic.twitter.com/jJbSMdWH7h — Wall Street Mav (@WallStreetMav) August 2, 2023 The core of global debt is now …
The US govt is dramatically increasing its planned amount of debt it issues in the next 12 months. 🚨 Monthly Auction Sizes +60% by August Next Year vs the previous year. The USA has to finance over $2 trillion in deficits, plus refinance all of the maturing debt at the new… pic.twitter.com/9HbpkN7USD — Wall …
Great chart from PPG Macro showing delinquency issues beyond the large lenders. It seems that small lenders are increasingly exposed to overly risky loans. Commercial real estate loans are yet another example. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 2, 2023 Throughout ‘23 US default risk …
New ApartmentList data dropped The United States hit the HIGHEST average vacancy rate since they started tracking data in 2017 with the following metros hitting 6+ year highs: pic.twitter.com/8xqVfGyKef — Darth Powell (@VladTheInflator) August 2, 2023 “Similar to 2007 levels” for real estate sales volume. https://t.co/fk6JHQPSfS — Don Johnson (@DonMiami3) August 2, 2023 The summer …
by EuphoricTrilby https://twitter.com/unusual_whales/status/1686783179485491200?s=46&t=T37mFTn9E_HUaxN1rB76Hw One of the people elected to ensure the prosperity of America is betting his own money against it. Imagine if a company executive short sells his own stock (illegal in most cases).
by confoundedinterest17 Bidenomics is where the Attorney General Garland gives Hunter Biden blanket amnesty and arrests Biden’s Presidential opponent. Welcome to the United Venezuelan States of America!e The new regime talking points are out – namely that Fitch downgraded the US credit rating from AAA to AA+ on Tuesday because of MAGA Republicans and all …
Credit Crunch Alert! Rejection rate for Americans applying for credit – whether it’s a mortgage, new car loan, or a credit card – increased to 21.8%, the highest level since June 2018. Borrowing money is getting tougher, folks! — Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2023 https://t.co/KWFwz5TumF — Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2023 The …
There's a lot of good news disguised as bad news this week. Sometimes you have to wait until things go #TooFar before the energy is right for a fix. We are entering the fixing stage for almost everything. Powerful correcting forces are rising. You'll be fine. — Scott Adams (@ScottAdamsSays) August 2, 2023 The Democrat …
by TacticalHog source: New York Fed Most recently, the Fed removed a recession from their forecast. This came less than a year after they said a recession may be the only way to tame inflation. We truly are investing in some unprecedented times. Follow us @KobeissiLetter for real time analysis as this develops. — The …
Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau are separating after 18 years of marriage. In a brief statement issued by the prime minister on Instagram, he said that after “many meaningful and difficult conversations” the pair have “made the decision to separate.” “As always, we remain a close family with deep love …
via Mike Shedlock: The manufacturing ISM has been a broken record for nine months. Chart and excerpts below by permission from the Institute for Supply Management ® ISM® Economic activity in the manufacturing sector contracted in June for the ninth consecutive month following a 28-month period of growth according to the Institute for Supply Management. …
by 0naptoon A dystopian future waits us, a web where you have to be certified to access the internet. The plan is simple. You get a certification by giving your personal data, a digital identity. You log in into your browser that supports this certification Website will allow access if you have this certification else …
by mark000 So freaking obvious that a crash is coming. via WSJ: “The damage of the ECB’s sledgehammer approach during this past year is now beginning to show, and it’ll only get worse from here as the lagged effects of these past 12 months’ huge tightening rolls in over the real economy,” wrote Erik Nielsen, …
by sublimeinslime It’s obvious it’s nothing more than an attempt to direct the narrative and keel their base from seeing anything negative about Biden. Noticing quite the pattern here: Right on schedule. Less than 24 hours since Devon Archer’s testimony. https://twitter.com/TheWakeninq/status/1686668246441771008?ref_src=twsrc%5Etfw
by ThreeD710 Not sure how many of you have read about the US Debt downgrade, but this could be the catalyst for a major turning point for the World. If you are thinking how does this affect the World or the World Investments, then below is a brief flow of thoughts – Debt downgrade because …
JUST IN 🚨 FITCH DOWNGRADES UNITED STATES RATINGS TO AA+ FROM AAA — Insider Paper (@TheInsiderPaper) August 1, 2023 https://twitter.com/_/status/1686487253344743425 The USA just had its credit rating dropped from AAA to AA+ 🩸 See charts for how markets reacted when this happened in 2011! I issued a warning about this to Insiders Access back in …
by Michael Do things seem “slow” to you this summer? If so, you are definitely not alone. In recent weeks, my wife and I have heard from so many people that are saying that activity at their businesses or organizations has been really slow lately. In other words, less money has been coming in than …
by DesmondMilesDant Caption: Atlanta Fed Q3 GDP est will update on Aug 1 which will be 3.9% up from 3.5%. Caption: Cleveland Fed suggests August cpi in September to be 3.9% but generally, it comes a % down. What this means is rates are 100% going 6% and then it upto our Jamie Dimon if …
by confoundedinterest17 President Jimmy Carter is usually the bar for terrible Presidents. Under Carter, the US experienced economic stagnation and soaring inflation. At least it led to the election of Ronald Regan! So, Biden’s much mentioned Bidenomics have produced REAL MEDIAN WEEKLY EARNINGS FOR MEN that is currently below 1979 levels under Jimmy Carter. Even …