Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
Australians now need to earn over $300000 per year to comfortably afford to buy their own home, according to new housing data. Suburbtrends analysed over 22,000 property sales throughout October this year and found that median house prices were nine times the average annual income. The report used the internationally recognised ”median multiple” to rate …
Source: https://www.newyorkfed.org/microeconomics/sce/credit-access#/financial-fragility1 Wut Mean?: Overall Decline in Consumer Credit Demand (2023): General weakening in most credit application rates. Credit card limit increase applications rose. Rejection Rates Trends: Overall rise in rejection rates for credit applications. Decline in rejection rates for credit card limit extensions and new mortgage applications. Higher creditworthiness among those applying for new …
by TonyLiberty “Job security” is an illusion created by corporations — A company’s only concern is how much money the company can make. Companies are not “families”, they’re businesses, and their goal is to make as much money as possible. If they can make more money by laying you off, they will. One of the …
This one seems a little odd. Sounds like a rifle was used and no one died except the shooter. “Beavercreek Police say a male walked into the Walmart on Pentagon Boulevard around 8:30 p.m. Monday night and started shooting injuring four others. The shooter died from a self-inflicted gunshot wound, Beavercreek Police Captain Scott Molnar …
Thierry #Baudet is zojuist aangevallen met een fles/glas in Groningen. Hij is nu op weg naar het UMCG. Dit is het resultaat van de doorlopende demonisering door de media en van diverse politici. #StemFVD #STEMZEWEG pic.twitter.com/wkCCGYE0KA — Annelies (@annstrikje) November 20, 2023 Thierry Baudet, leader of the far-right party Forum voor Democratie, has been taken …
by DesmondMilesDant The issue with macro is. When stocks go down because of macro they will at some point revert the move because of the same macro. War starts stocks drop and war ends stocks go up. Rates go up stocks go down and rates go down stocks go up. It’s a null sum game. …
This decision should be on Everyone’s radar. Doesn’t matter whether or not you live in NYS. Reality is NYS Appellate + Court of Appeals Cases Are Routinely Referenced when other states adopt changes to their own Dept. of Health Regulations. Here is NY Attorney Bobbie Anne Cox who went up against Gov. Hochul. (Cox won …
“Never embrace the ideals of socialism. Never allow yourselves to be seduced by the siren song of social justice.” – Javier Milei — Drake (@theelderdrake) November 21, 2023
Source: https://www.federalreserve.gov/releases/chargeoff/delallsa.htm TLDRS Delinquency Rates on Loans and Leases at Commercial Banks are spiking! Credit Card delinquencies up! All consumer loan deliquesces are up! Delinquency Rate on All Loans, All Commercial Banks is up! https://dismal-jellyfish.com/banks-alert-delinquency-rates-surge/ h/t Dismal-Jellyfish
There is a growing feeling that the experiment has backfired and support is increasing for a measure – which could go on the ballot next year – to prosecute drug users again. Measure 110 was backed by 58 per cent of voters in a referendum in November 2020. Now, three years later, an Emerson poll …
Can’t wait to hear how the NAFO vermin will spin this one: “The deadly Hamas attack on Israel could have been prevented if an Israel Defense Forces (IDF) unit made up of women and tasked with monitoring Gaza had been listened to, an unnamed soldier has told the newspaper Haaretz. She cited sexism as the …
The average age of conscription now is 43 in Ukraine which means many are much older than that. They all have that look of knowing they are going to their death in a pointless war for Western interests. This war is pointless and is a genocide against the Ukraine people. Who are they going to …
A new congressional report highlights the alarming economic toll of illegal immigration, estimating a burden ranging from $150 billion to $450 billion per year on taxpayers. This translates to approximately $13,000 for every individual migrant, with a mere 20 cents contributed for every dollar taken. The report attributes the fiscal strain to factors such as …
“Wages are rising” means exactly jack sh*t. If wages are rising 2%, yet inflation is 5%, then workers are literally taking a pay cut. h/t EuphoricTrilby
DC Commercial Real Estate in Crisis: Dupont Circle Office Building Sells at 77% Discount, Plunging $72M from 2016 Price. The $21M transaction is over $50M less than 2019, with the previous owner, a co-working company, defaulting on a $65M loan. Amidst reports of owners surrendering keys to lenders, the city is in the early stages …
by DutchKevv I’m just baffled how nobody in upper management noticed that the company had so many loyal people working, for a great CEO. 500/700 are mentally ready to leave openAI and a lot probably will. Not to mention the cheap price for MSFT to basically fully takeover OpenAI. I’m baffled. Update: it’s now 670 …
by DAVID HAGGITH Photo by Sonder Quest on Unsplash David Rosenberg argues recession may already be here because Gross Domestic Income is already recessionary; but the only thing anyone is looking at, he says, is Gross Domestic Product. I’ve argued this point earlier this year, too. Rosenberg notes that significant difference between the two rarely ever exists, but the …
by Chris Black Live in the pod, own nothing, don’t go outside, be happy as we tell you what to do. Megacity anyone? Китайский человейник – дом на 25 000 жителей — Regent International в Ханчжоу площадью более 260 000 м². Выходить из дома не нужно, внутри есть все: от магазинов и ресторанов, до бассейна …
By Charles Kennedy of OilPrice.com Chinese refiners switched from drawing to building oil inventories again in October, at a rate of over half a million barrels daily. That’s according to calculations made by Reuters’ Clyde Russell and based on official import and processing figures from Beijing. Russell reported that Chinese refiners were adding crude to inventories at a …
New data has revealed only 1.9 million Australian adults have received a Covid vaccination in the past six months. Only 5.5 per cent of of Australians aged 18 to 64 years have rolled up their sleeves for a jab in this period. Just 39 per cent of aged care residents across the country have received …
Afghanistan fall out-active duty Army service member being charged for gear/equipment he was ORDERED to leave in Afghanistan during the pull out. He owes $3500.00 to the Army. This is wrong on so many levels! pic.twitter.com/wSqslF0VLM — Margo (@MargoinWNC) November 20, 2023 Wow! Soldier leaving the army blasts the Biden admin and the state of …
via thepostmillennial: Elon Musk said he would “file a thermonuclear lawsuit” against Media Matters over a hit piece they released last week that led corporate advertisers to leave the X platform. He alleged that they manipulated their research methods to attain a desired result—that of showing ads from high-profile companies next to antisemitic content. …
via politico: The national debt has reemerged as a paramount economic issue for the first time in nearly a decade, raising alarms from Congress to Wall Street. But even with all the outward drama, there’s little evidence that Washington is ready to stem the tide of red ink. In interviews with a dozen members of …
https://twitter.com/_/status/1726460310989766786 Shocking video captured the moment a California highway patrol officer shot a pedestrian after a struggle in Los Angeles. Police were called to the I-105 at Wilmington Avenue on Sunday afternoon over a pedestrian who reportedly was walking in and out of traffic on the freeway. Footage taken by a witness shows an officer …
Democratic members of Congress have introduced a bill that would impose restrictions on bulk ammunition sales, licensing requirements on ammunition vendors, and background checks for ammunition buyers. Democratic U.S. Senators Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut, and Democratic U.S. Representatives Robert Garcia of California and Debbie Wasserman-Schultz of Florida introduced the bill …
