Biden’s “Inflation Reduction act of 2023” Has spent over a trillion dollars so far. December 19, 2023 9:01 am
The notional value of outstanding OTC derivatives per the BIS was $715 trillion in June 2023. The global economy is in reality a debt economy with some vague promise of future taxes on a declining number of private sector workers. December 15, 2023 3:49 pm
Only 41% of existing fund owners of BlackRock were buying its shares in 3Q 2023. Record low for last 10 (!) years December 13, 2023 3:49 pm
China’s economy at a critical juncture: Q3 growth at 4.9%, Real Estate Market down 81% (2021-2022) and 64% (2023), Shanghai Composite tests 20-year ‘Fate Line.’ December 8, 2023 7:12 am
S&P Global Market Intelligence: UBS is least efficient bank in Europe in Q3 2023. A hefty $785 million loss paired with a 91% surge in operating expenses due to Credit Suisse. Those Credit Suisse bags are HEAVY! December 1, 2023 9:30 am
Bleak Outlook for US Banking Sector in 2023: Layoffs Surge, Stocks Hit Record Lows, and Commercial Real Estate Crisis Looms November 20, 2023 4:24 pm
Over 900,000 Migrants Released into the U.S. in FY 2023, a Population Size Larger than Multiple States October 30, 2023 7:13 pm
Banks are back at the lows of 2023. Four major banks experience alarming stock collapses. October 24, 2023 8:40 pm
Washington, DC is facing a severe surge in homicides, with a 37% increase in 2023, putting it on track for its deadliest year in over two decades October 9, 2023 7:26 am
A banking crisis is looming as banks lost $870 billion in deposits over the past 18 months, with unrealized losses on investments rising to nearly $550 billion in Q2 2023. October 1, 2023 9:12 pm
September 2023 marks the least affordable month for U.S. housing this century, surpassing the record set just a month prior in August 2023. September 28, 2023 3:35 pmSeptember 28, 2023 9:18 am
Panic: 45% Drop in Home Purchases – Bigger Than ’08! Home sales are now down 31% in 2023. September 7, 2023 10:34 pm
Fed’s Beige Book August 2023: “Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending.” “Many contacts suggested “the second half of the year will be different” when describing wage growth. Ruh-roh… September 6, 2023 4:35 pm
Income to qualify for a mortgage jumps from $47,000 in 2020 to $104,000 in 2023. Home Ownership no longer the American dream for most people August 27, 2023 9:04 pm
Google controlls narative :Google search key words “triple pandemic 2023” garnered a staggering 41.1 million articles ALL same talking points… August 21, 2023 4:12 pm
Minutes of the Federal Open Market Committee, July 25-26, 2023: “Various participants commented on risks that could affect some banks, including unrealized losses on assets resulting from rising interest rates, significant reliance on uninsured deposits, and increased funding costs.” August 16, 2023 3:52 pm
Consumers face financial troubles as excess savings deplete by September 2023… New consumer debt numbers are scary! August 16, 2023 3:47 pmAugust 16, 2023 1:04 pm
U.S. experienced 402 corporate bankruptcies in the first 7 months of 2023, a 96% increase from 2022’s total of 373. August 15, 2023 9:29 am
In Q2 2023, the Swiss National Bank opened a new BRK.B position. It owns a position in numerous companies August 14, 2023 5:16 pm
The government is set to shutdown on Oct 2, 2023, the same day markets fell apart in 2008, would trigger the same panic similar. August 9, 2023 7:03 am
223,000 tech layoffs in 2023, 60,000 more than 2022’s total, and we are only 7 months in; Nasdaq surpasses Dow by 30% this year, the largest margin since 1971. July 31, 2023 3:26 pm
Troubling times for U.S. firms! In H1 2023, 340 companies filed for bankruptcy, hitting a 13-year high. Economic challenges continue to impact businesses. July 29, 2023 9:47 pm
Interest On US Debt Of $32.6 Trillions Reaches $970 Billions Annually In Q2 2023. Current Deficit Running At $1.39 Trillions In June 2023. Fed Is Operating At A Loss Of $82.683 Billions July 28, 2023 9:24 am
Highlights from Yesterdays House Oversight Committee’s National Security Subcommittee on UFO/UAP (July 2023) July 27, 2023 11:51 am
From 1980 to 2023, the S&P 500 increased 32x. (140 to 4,500). You know what else increased 32x from 1980 to 2023?…The US national debt. ($1T to $32T). July 18, 2023 2:30 pm
Tech Companies Have Laid Off More Than 219,000 Workers In 2023. But Don’t Worry, Because Biden Says The Economy Is Fine. July 19, 2023 7:38 amJuly 17, 2023 11:03 pm
US government faces $1.393 trillion deficit in 2023, increasing by $155 billion per month. July 17, 2023 9:36 pm