Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
🚨US hiring is at CRISIS levels: The US hiring rate came at 3.3% in January, near the lowest level since the 2020 Crisis low of 3.1%. The rate has seen a similar decline as during the 2008 Financial Crisis. All while layoffs skyrocket. This is not a strong labor market. pic.twitter.com/MifjGnPzwN — Global Markets Investor …
WARSAW (Reuters) – Polish border guards detained a Ukrainian woman who was sentenced in Kazakhstan to 12 years in prison for participating in an organised criminal group trading in human organs and selling 56 kidneys, prosecutors said on Tuesday. The 35-year-old woman, referred to only as Ksenia P. under Polish privacy laws, was detained at …
The House passed a seven-month funding patch Tuesday that aims to avoid a shutdown in three days’ time. It’s a major victory for Speaker Mike Johnson, who largely kept his conference together with a single defection and help from one Democrat. The 217-213 vote went almost entirely along party lines. One Democrat, Rep. Jared Golden …
New York fired more than 2,000 prison guards Monday for failing to return to work after a weekslong wildcat strike that crippled the state’s correctional system, but said enough officers had come back on the job to declare the illegal work stoppage over. “After 22 days of an illegal strike, the governor and I are …
NYC is shutting down physical shelters and tearing down tent facilities that used to house asylum seekers.
A senior official at USAID instructed the agency’s remaining staff to convene at the agency’s now-former headquarters in Washington on Tuesday for an “all day” group effort to destroy documents stored there, many of which contain sensitive information. The materials earmarked for destruction include contents of the agency’s “classified safes and personnel documents” at the …
This is CRAZY! I thought the days of markups on trucks and SUVs was behind us since sales of trucks & SUVs are so slow. But apparently the dealer markups are still happening on some vehicles. And it’s not just trucks like the Ford Raptor R that are still being marked up. A Toyota dealer …
Just about the only thing that economists on the left and the right agree on is tariffs. Nobody likes them, but why? Brandon Smith of alt-market.com explains how tariffs make nations less dependent on one another, and how they undermine the socialist goals of globalism… By Brandon Smith Ever since the days of Herbert Hoover and …
Disney cancels the UK premiere of Snow White in fear of massive protests for the wildly controversial movie.
by confoundedinterest17 Thank God President Auto Pen is out of office! Inflation? Lower real wage growth? Excessive personal loan growth?? All resulting in historic subprime auto loan delinquency rate of 6.6%. Auto Loan 60+ Day Delinquency Index
For decades, the nation basically ignored the national gold reserve. The only people who ever brought it up, even just to ask questions, were immediately dismissed as tinfoil-hat-wearing conspiracy-mongers. Whether out of concern for its existence, or just out of prudent asset management, we may soon get the first proper Fort Knox audit since the …
The 2024-25 men’s college basketball season tipped in November with two interim head coaches: at Virginia, following Tony Bennett’s unexpected retirement, and at South Florida, following Amir Abdur-Rahim’s unexpected death. The coaching carousel began spinning then, with more teams joining — or set to join at the end of the season. Among the biggest of those jobs: …
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report. Altogether, consumer debt, including student loans, auto loans and credit card debt, now stands at $5 trillion. Higher prices driven by tariffs could stretch household budgets even more in the months ahead, experts say. …
Utah is the FIRST state to ban fluoride in public water! 🔥 Governor Spencer Cox just confirmed he will sign a new bill to ban it. Even Biden’s HHS admitted fluoride lowers kids’ IQ in an August 2024 report … … as RFK Jr. has said for years. MAHA! pic.twitter.com/34G0B5mxo1 — Holden Culotta (@Holden_Culotta) March …
Regional banking crisis 2.0 🔜 pic.twitter.com/DBexyRFkNY — The Great Martis (@great_martis) March 10, 2025 Watch credit spreads here. A rapid move in high-yield spreads above 400 bps and pain moves from Wall Street to Main Street. If we get that, it becomes ugly quick. — Alf (@MacroAlf) March 10, 2025
ActBLUE has committed massive fraud https://t.co/LcxPMFGE9Q — Elon Musk (@elonmusk) March 10, 2025 A multi-billion-dollar network of far-left NGOs responsible for helping illegal aliens make it to the US and hotlines exposing ICE raids rely on this firm’s financial infrastructure. https://threadreaderapp.com/thread/1899075583079809440.html
Mike Johnson just stabbed conservatives in the back. His continuing resolution keeps Biden-level spending in place until September, meaning all the supposed spending cuts were just a ruse. The GOP had a chance to slash spending, but instead, they’re funding Biden’s agenda. House Speaker Mike Johnson is pushing Republicans to pass yet another "continuing resolution" …
With a debt-to-GDP ratio over 200%, rolling over that debt at higher rates is a financial death sentence. Worse, the Bank of Japan holds 70% of their bonds — meaning if the market crumbles, the central bank collapses too. Japan’s experiment of perpetual debt-funded growth is unraveling fast. Once confidence breaks, their economy could implode …
A reporter for conspiracy theorist Alex Jones’ InfoWars was brutally murdered outside his south Austin apartment late on Sunday night. Jamie White was found badly wounded outside his home on Douglas Street around midnight in a slaying that Jones blamed on Travis County District Attorney Jose Garza. Officers from Austin Police Department responded to 911 …
🚨 BREAKING: BANKS 📉 📉 An inverted yield curve continues to squeeze bank profits. 💰 With Wall St. banks relying on market gains last quarter, Q1’s decline will deliver a massive blow to their margins. They are now joining the 🐻 Market pic.twitter.com/x2Jt5prneQ — The Coastal Journal (@1CoastalJournal) March 10, 2025
Trump’s DOJ fired Adam Cohen, the head of the department’s drug trafficking and organized crime unit, in a brutal two-sentence memo. “The Justice Department on Thursday sent out a memo referencing Cohen’s task force, saying it would combine the Organized Crime Drug Enforcement Task Forces with the Project Safe Neighborhoods Program. Together, the new entity …
The Biden administration failed to fully comply with a demand to allow Congress to review Suspicious Activity Reports involving the massive Democrat online fundraising platform ActBlue “Although the Biden Administration initially stalled the Committees’ requests in its entirety for months, on January 2, 2025, Treasury allowed the Committees to review only limited documents. We write …
by Michael It happened in Afghanistan, Iraq and Libya. Now it is happening in Syria. They wanted to get rid of Assad because they said that he was evil. But then they replaced him with a man named Ahmed al-Sharaa who is far worse. The U.S. government previously had issued a 10 million dollar reward …
Speaker Mike Johnson is trying to muscle through a stopgap spending bill to avert a government shutdown, but he doesn’t have the votes locked down yet. President Donald Trump is pressing the small group of GOP holdouts to fall in line ahead of the Friday shutdown deadline, and House Democratic leaders are whipping all their …
DOGE chief Elon Musk said that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla suffered their worst drop in a half-decade. Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year. Musk’s Department of Government Efficiency is …
The US government is currently stopping over 1,000,000 defaulted mortgages from going to foreclosure under the FHA mortgage program. The result is another Subprime Housing Bubble, one that could cause huge declines in home prices around the US if it’s allowed to burst.
A federal judge on Monday scheduled a Wednesday court hearing for Mahmoud Khalil, a recent Columbia University graduate who was arrested by U.S. Immigration and Customs Enforcement (ICE), forbidding the government from moving forward with deportation efforts before then. Lawyers for Khalil, a green card holder and leading pro-Palestinian demonstrator whose arrest was cheered by …
