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Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
Vice President Kamala Harris said young people aren’t buying homes because of “climate anxiety,” not mentioning the sky-high interest rates under her boss, President Joe Biden. “Young leaders” suffer from “climate anxiety,” which is “their fear about … whether they should have children, whether they should ever think about …
This week, the Fed made it clear that they want core inflation down to 2% and that is not changing. Meanwhile, supply-side inflation remains a major issue for the Fed. Higher rates have become the new normal. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi …
Credit card losses are rising at the fastest pace since the Great Financial Crisis Goldman Sachs predicts credit card losses will continue to climb through the end of 2024/early 2025. What is unusual is that the losses are accelerating outside of an economic downturn, the firm said. Credit card losses …
House Speaker Kevin McCarthy has sent the House home for the week without a resolution on the looming government shutdown, after members of the Freedom Caucus refused to play ball, scuttling plans to pass a Continuing Resolution (a 30-day band-aid to avoid government shutdown), and putting 11 appropriations bills in …
by confoundedinterest17 Is The Fed pushin’ too hard on rates to fight inflation? Or not hard enough?? Between the data and the overnight momentum in overseas markets, bonds are at their weakest levels in years. Mortgage-backed securities (the bonds that dictate mortgage rates) didn’t swoon quite as much as Treasuries, but as …
Can you have a country without a border.pic.twitter.com/hOOffB5q0p — Citizen Free Press (@CitizenFreePres) September 22, 2023
The 2023 Permanent Fund dividend will be $1,312, the Alaska Department of Revenue said Thursday. The annual payments to Alaskans will be disbursed beginning Oct. 5 and continue in the following weeks, the department said. The Permanent Fund dividend amount hasn’t followed the dividend formula set in state statute since …
President Biden showed his age at a campaign reception in Manhattan Wednesday — repeating statements about the 2017 Charlottesville riot and his decision to run for president in 2020 minutes apart and nearly word-for-word. During remarks at the gathering hosted by billionaire real estate heiress Amy Goldman Fowler, the 80-year-old …
95% of NFTs are Worthless: Report. NFTs went mainstream, and then the bubble burst, as it often does. The financial failure does not even begin to scratch the surface of the environmental devastation wrought by crypto, either. It is unclear what the vast majority of crypto and NFT owners have gotten …
Almost 20,000 more people died in Australia last year than anticipated, with just more than half dying because of COVID-19 as the country recorded the highest number of excess deaths since World War II. New data from the Actuaries Institute, published on Monday, estimates there was a 12 per cent …
Wow China 🇨🇳 pic.twitter.com/GoChZbeQhP — Win Smart, CFA (@WinfieldSmart) September 22, 2023 Bankers’ 40% pay cuts show the China dream fading in its richest cities. Eurozone 🇪🇺 Consumer Confidence pic.twitter.com/q5ulxiPiu1 — Win Smart, CFA (@WinfieldSmart) September 22, 2023 Total household debt in the US is at a record-high of $17.06 …
BREAKING: NBC 5 reports that private shelter employees that house illegal immigrants make from $135 per hour up to $200 per hour. A manager of a migrant facility made $14,000 in one week and a nurse earned $20,000 in a week. pic.twitter.com/6P0a7Ae67F — I Meme Therefore I Am 🇺🇸 (@ImMeme0) …
Live webcast at https://t.co/n1wN6uglOD — US Attorney SDNY (@SDNYnews) September 22, 2023
Thousands of NatWest customers have been plunged into the red and left with a ‘headache’ as money they deposited into their accounts disappeared. NatWest blamed an ‘ongoing incident with cash deposit machines’ for the blunder which left many out of pocket. A number of people took to social media site …
LAS VEGAS (KLAS) — The teenager who police say intentionally struck and killed a retired police chief in Las Vegas said he would get a “slap on the wrist” after he was taken into custody, the 8newsnow.com Investigators have learned. Jesus Ayala, 17 at the time, appeared to show no …
New York City has taken in at least 95,000 migrants so far in 2023 despite its clear struggles dealing with the huge influx. The city has welcomed more than twice as many migrants than Los Angeles, Miami and Houston since Title 42 was lifted in May following the end of …
View post on imgur.com Germany needs to implement structural changes if it wants to prevent a political shift to the right, Commerzbank CEO Manfred Knof told CNBC at the Handelsblatt Banking Summit 2023. When asked if he was concerned that the rise of right-wing parties in Germany was a potential …
by Martin Armstrong It happens every year – the US Congress cannot disagree so they may simply shut down. They’re our public servants but we permit them to throw their hands up and shrug that they cannot work together. One of the hot topic items right now is Ukraine, and …
by Martin Armstrong Alex Soros confirmed that he will be focusing his attention on having Joe Biden re-installed as president. The Soros family and the Open Society Foundation are no strangers to using the media to their advantage. “Whoever controls the media controls the mind,” as they say. Now Swiss …
via naturalnews: In the annual poverty report released by the U.S. Census Bureau, the country’s child poverty rate has more than doubled year-over-year, surging from 5.2 percent in 2021 to a distressing 12.4 percent in 2022. According to the Supplemental Poverty Measure (SPM) of the Census Bureau, the expiration of pandemic-era …
The criminal case against Raquel López Aguilar — an undocumented father of two from the state of Chiapas living in Tampa and working as a roofer — is the first case in which a Mexican national has been charged under a new Florida law targeting people who drive undocumented migrants …
JUST IN – U.S. sends another $325 million in weapons to Ukraine. — Disclose.tv (@disclosetv) September 21, 2023
via reason: As election season approaches, Democrats are touting the economic results of Biden administration policies aimed at improving the lives of working Americans and creating a more equitable economy. But ordinary Americans aren’t feeling the so-called success of “Bidenomics.” Superficially, the economy looks solid. As measured by real gross …
-Fast track processing at the US border -Expand legal pathways for citizenship -Increase the total number of refugees -Send money to help sanctuary cities -Speed up work-permits for illegals Biden unveils his plan for the border crisis: -Fast track processing at the US border-Expand legal pathways for citizenship-Increase the total …
‘Go to Hell’: MEP Christine Anderson Delivers Damning Message to the Global Tyrants “If you do not unequivocally stand with the people … you have no place in any parliament or in any government. You belong behind bars. You may even rot in hell for all I care at this …
by gunsoverbutter Have you heard of the concept of exporting your inflation? Basically if a country prints up new money, but quickly loans it out to another country, therefore preventing it from being in their own monetary system, the inflation isn’t felt at home. For example, if the US prints …
by Chris Black Even if you were going to build a statue of a woman in a hijab in Britain, why would it need to be this ugly? Doesn’t this just cause even more resentment?
by Chris Black This Brandon guy, man. What a character. #BREAKING #USA #Brazil President Biden once again completely confused. First he almost took down the Brazilian flag, and then he forgot to shake hands with the President of Brazil after the meeting, and you can see the reaction of the …
