Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
Oh wait, let me get this straight, China is one of the biggest global polluters and co2 emitters and they’re having a problem with extreme cold? Kind of rules out the whole global warming thing, doesn’t it? via Yahoo: “More low temperature records tumbled across China on Thursday, as the country endures a persistent cold …
Source: https://public-inspection.federalregister.gov/2023-28472.pdf TLDRS: FDIC held a CLOSED meeting yesterday about resolution matters that the public interest did not require consideration of the matters in a meeting open to public observation. I show Heartland Tri-State Bank of Elkhart, Kansas failed after a similar meeting like yesterday. Fresh bank fail incoming? https://dismal-jellyfish.com/fdic-closed-meeting-sign-of-upcoming-bank-collapse/ Adding, on Monday, FDIC warned about CRE (replacing …
Ford rescues Tesla Cybertruck! #Cybertruck https://t.co/0wspPh8cVz pic.twitter.com/l2sOKK7BSc — TeslaTracker: Tesla Inventory Tracker (@TeslaTrackerUS) December 12, 2023 Just to be clear… this is a Super Duty and NOT advertising. Glad a @Ford owner was there to help. https://t.co/Rr78EY9k2T — Jim Farley (@jimfarley98) December 13, 2023 AC
General Motors in 2022 started offering buyouts to U.S. Buick dealerships unwilling to make hefty investments required for the sale and service of upcoming electric vehicles, and it turns out the offer was popular. Buick chief Duncan Aldred told Automotive News (subscription required) in an interview published on Wednesday that roughly 1,000 Buick dealerships will …
A fire caused by lithium-ion batteries shut down GM’s Factory Zero in Detroit Tuesday. Heavy smoke spread through the 4.5 million square-foot plant causing firefighters to call for additional alarms, WDIV reported. https://www.firehouse.com/operations-training/video/53081055/lithium-ion-battery-fire-halts-production-at-detroit-gm-plant h/t Coastie Patriot
by confoundedinterest17 The third revision to Q3 Real GDP was a doozy! Based on updated consumer spending, Q3 Real GDP was revised to an annual rate of 4.9%. Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023, according to the “third” estimate. In the second quarter, …
Quote:The Last Time Democrats Took a GOP Candidate Off the Ballot Was in 1860 – They Would Not Allow Abraham Lincoln’s Name on the Ballot in Their Slave States Democrats in the Colorado Supreme Court ruled last night that President Trump’s name will not be listed on the Colorado ballot in 2024. Ironically, these far-left …
🌍 Global Supply Chain Pressure Index rising. “Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.” Not good for short-term goods #inflation. H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1 — Alex Joosten (@joosteninvestor) December 21, 2023 🇨🇳 China Bans Exports of Some Rare-Earth Processing Technologies China accounted for more than two thirds …
Gold miners (GDX) are setting the stage to outperform Gold (GLD) Leading up to the Fed meeting last week, GLD and GDX were showing signs of weakness But the exceptionally dovish Fed triggered a tremendous surge in both GLD and GDX GDX/GLD ratio has shown a positive correlation… pic.twitter.com/H0GOhIAWc2 — Bravos Research (@bravosresearch) December 21, …
GLOBAL 🌎 DEBT pic.twitter.com/nQ0yQ3jliw — Win Smart, CFA (@WinfieldSmart) December 21, 2023 The IMF loans these countries money as they have no other place to go. These loans are not cheap as they come with penalties. pic.twitter.com/byfZMJqgrV — floridanow1 (@floridanow1) December 21, 2023
It's true, if you need a loan to buy the avg priced home, you can't qualify for a loan to buy the home. Seems simple. $430,300Average home price in the United States: $430,300. The median home sales price is $431,000 as of the third quarter of 2023. That's a 31% increase from… — floridanow1 (@floridanow1) …
Kiev’s manpower is “significantly worn out” as Russia’s “strategy of attrition” is taking effect, a former German Air Force Colonel has said Around 800 Ukrainian troops are being killed and wounded daily amid the conflict with Russia, retired German Air Force Colonel and prominent military analyst Ralph D. Thiele has claimed. In an opinion piece …
BREAKING: At least 11 dead, including gunman, and 24 injured in university mass shooting in Prague, officials say — BNO News (@BNONews) December 21, 2023 https://twitter.com/_/status/1737861931942207898 BREAKING: Mass-shooting in Prague, Czechia at the Charles University. First reports say multiple people have been killed. Shoots can be heard in the video. Large police presence at the …
In the 24 hours since the Colorado Supreme Court kicked former President Donald Trump off the state’s Republican primary ballot, social media outlets have been flooded with threats against the justices who ruled in the case, according to a report obtained by NBC News. Advance Democracy, a nonpartisan, nonprofit organization that conducts public interest research, …
Rudy Giuliani has filed for bankruptcy in New York with debts of $153 million owed to creditors including Hunter Biden. The former New York Mayor, who led the effort to challenge the 2020 election result on behalf of Donald Trump, said he had less than $10 million in assets. Last Friday, Giuliani was put on …
via MSN: Anew bill filed in the New York State Assembly aims to force some Chick-fil-A locations to operate seven days a week, threatening the fast food chain’s longstanding policy of keeping its restaurants closed on Sundays. The legislation proposed last week would require all food vendors operating at rest stops owned by the New …
by Mike Shedlock For the 10th consecutive year, Illinois lost population. Only West Virginia was worse. Illinois Population Drops 10 Consecutive Years The Illinois Policy Institute reports 10th Consecutive Year of Population Decline. Surveys of those who have left the state – where taxes are not a response option – showed the major reasons Illinoisans have chosen to …
by Mike Shedlock In an effort to get Republicans to commit hundreds of billions of dollars for Ukraine and Israel, Biden trots out the Domino Theory. Anyone remember that? “Don’t Let Putin Win” Reuters reports Biden Pleads for More Money President Joe Biden pleaded with Republicans on Wednesday for a fresh infusion of military aid for …
by confoundedinterest17 It‘s Biden’s Fiscal Inferno! Insane open borders, insane green spending, wars in Ukraine, Gaza and growing restlessness around Taiwan. Inflation. And a demented 81-year old President in charge. The U.S. government ran a budget deficit of $381 billion so far into the 2024 fiscal year, which represents a 13% increase from this same time …
Revised GDP at 4.9%, market distrust raises concerns of an imminent asset crisis. 🚨 US 🇺🇸 GDP came out at 4.9%, revised down from 5.2%. How do you justify lowering interest rates to stimulate the economy when the data shows the economy doesn't need stimulating? ⚠️ At the same time, US 10Y Treasury Note yield …
Defense Minister Sergey Shoigu has claimed that US, UK, and Polish military personnel are operating air defense and multiple launch rocket systems Several NATO member states have boots on the ground in the Ukraine conflict, Russian Defense Minister Sergey Shoigu has claimed. Western military personnel are operating certain weapons systems, he alleged, and that hundreds …
More than HALF of Americans approve of Colorado disqualifying Trump: New poll shows a quarter of Republicans also back the bombshell Supreme Court decision that has sent shockwaves across the US The poll was taken just after the dramatic Colorado Supreme Court ruling barring Donald Trump from the ballot in the state A total of …
Japanese automaker Toyota led losses on the Japan’s benchmark Nikkei 225 index Thursday, closing lower by 4%. The sharp fall came after Toyota announced a recall of about a million vehicles on Thursday. The safety recall involved certain 2020-2022 Toyota and Lexus models in the United States. The sell-off also comes after Toyota subsidiary Daihatsu …
New York CNN — Bipartisan opposition is growing to the proposed $14.1 billion acquisition of US Steel by Japan’s largest steelmaker, but that is unlikely to be enough to block the purchase, according to an expert in foreign investment deals. A trio of Republican senators Tuesday called for a panel of US officials to block …
by stockocean DocuSign’s CEO Allan Thygesen just sold ~42% of his shares yesterday (Dec 19) for $5.7 million. This is especially interesting given the The Wall Street Journal reported last Friday (Dec 15) that Docusign is exploring a sale… The sale was effected pursuant to a Rule 10b5-1 plan (pre-planned sale) so may have triggered despite (not because of) …
Officially : Russia ends the year 2023 as the country with the most sanctions imposed in human history, with 17,937 sanctions. At the same time, Russia’s GDP growth for this year reached 3.5%. pic.twitter.com/6wzJOcqagY — Sprinter Press (@SprinterPress) December 20, 2023 “To apply sanctions against another country is automatically to apply sanctions to oneself” EU …
NADA values are ‘book’ values, not market values. When lenders finance auto loans, they lend against ‘book’ values. When book values drop, it hurts dealers and consumers alike, and makes it much tougher to get vehicle financing. Everyone loses. — Car Dealership Guy (@GuyDealership) December 21, 2023
EU hypocrisy over Polish government attack on mediaDate 08/07/2011 • "The systematic attack by the current Polish Government on citizens and journalists who are critical of the current regime is outrageous," UKIP Leader Nigel Farage MEP said today in London, echoing the… — Hermann Kelly IFP (@hermannkelly) December 20, 2023 This audacious move by Poland’s …
