Independent thinking for complex markets and current events
by Chris Black This is what I keep telling you: the numbers they give you are totally fake. They are not even remotely accurate. And the numbers they give you are insane. Mayorkas admits that more than half a million undocumented migrants disappeared into America in 2023. "I believe that number is over 600,000." pic.twitter.com/kvF8RrRiX6 …
“BREAKING: New CBP data reveals Border Patrol released over 900,000 migrants into the U.S. in fiscal year 2023 after they were apprehended crossing illegally, including a staggering 155,821 releases in September alone. These numbers do not include ICE or ports of entry releases. For context, 900,000+ is a population size larger than several US states, …
Banks are back at the lows of 2023, because manipulated earnings expectations are better than feared. pic.twitter.com/jdnDR9xHUv — Mac10 (@SuburbanDrone) October 24, 2023 https://twitter.com/1CoastalJournal/status/1716947500324823156 🚨Barclays -6.79%PacWest Bancorp -8.90%Banc of California -6.30% https://t.co/vlJ29i67SX — Financelot (@FinanceLancelot) October 24, 2023 #recession … #GFC2 US #Banks edition#Banking $BKX $XLF $KRE $PACW 📉🥶 https://t.co/RCdzN3vXSy pic.twitter.com/1LRhK1Rzkj — Invariant Perspective (@InvariantPersp1) …
by Chris Black Border Patrol, CBP and other assorted agencies have encountered a staggering 3.1 million people at the southern border (https://www.fairus.org/legislation/biden-immigration-border-policy/border-security/cbp-posts-record-number-border) of the United States through fiscal year 2023. People are crossing from all over the globe. (https://www.pbs.org/newshour/politics/smugglers-are-steering-migrants-into-the-hot-arizona-desert-posing-new-border-patrol-challenges). Chinese, Pakistanis, Bangladeshis, Haitians and of course throngs of South and Central Americans. 62.6% of those …
What’s behind the Washington, DC murder spike? The capital of the United States of America is threatening to reclaim its reputation as the nation’s murder capital, as well. According to preliminary data for 2023 from Washington, DC’s Metropolitan Police Department, a total of 214 homicides had been committed in the metropolis as of September 29, …
This liquidity strain might prompt banks to tighten lending, potentially making it more challenging for individuals and businesses to access credit. A record $870 billion of deposits have left banks over the last 18 months. This is the highest deposit flight since The Great Depression. The UAW strike, student loan payments & government employees furloughed …
This century meaning since 2000. The early 80s were, according to most housing affordability metrics, worse than this. — Lance Lambert (@NewsLambert) September 27, 2023 Homes ‘unaffordable’ in 99% of nation for average American… The typical American cannot afford to buy a home in a growing number of communities across the nation, according to common …
https://twitter.com/MarieIsabellaB/status/1706913256596545907
Total collapse is coming. My guess is the feds are trying to do everything they can to lie to the people so they don’t find out until after the election. Real Estate Industry in Panic Mode: 45% Drop in Home Purchases – Bigger Than '08! Home sales are now down 31% in 2023. Without transactions, …
by Dismal-Jellyfish https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20230906.pdf This report was prepared at the Federal Reserve Bank of Kansas City based on information collected on or before August 28, 2023. Highlights: “Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending.” “Bankers from different Districts had mixed experiences with growth …
Gasoline Prices Rise Year-over-Year for First Time since Feb 2022: CPI Inflation to Feel the Heat this Year The average price of gasoline, all grades, across the US last week – after surging for three months – exceeded the price in the same week a year ago for the first time since February 2022. According …
Due to the housing bubble, much higher interest rates, banking crisis and the softening economy. The middle class are being thrown to the curb on house ownership. You will own nothing. These are medians, people Sure, everyone knows a plumber foreman, nurse practitioner, construction manager, and tenured teacher making bank That is not the NORM …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20230726.htm Developments in Financial Markets and Open Market Operations: The manager turned first to a review of developments in financial markets over the intermeeting period. Market participants interpreted data releases as generally demonstrating economic resilience and a further easing of inflation pressures. The market-implied peak for the federal funds rate rose in response …
Bankruptcies by sector are even more concerning Consumer discretionary leads with 48 bankruptcies, a sign that consumers are feeling the pain. Industrials is next, at 46, another sign of pain from higher rates. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/zBQBeElwpK — The Kobeissi Letter (@KobeissiLetter) August 15, 2023
by 100_PERCENT_BRKB Link: https://fintel.io/i13f/swiss-national-bank/2023-06-30-0
Just when you thought the debt ceiling issues were over, the government is ready to shutdown on Oct 2, 2023. This is the exact same day markets fell apart in 2008 & would absolutely trigger the same panic (see the charts below). Coincidence? This appears to be the narrative😏 https://t.co/CY0GX9zGuC pic.twitter.com/17oUOL8dsC — Financelot (@FinanceLancelot) August …
There have now been 223,000 tech layoffs in 2023 and we are only 7 months in. That's 60,000 more tech layoffs than the entire year of 2022. pic.twitter.com/bcGE9hUdus — The Kobeissi Letter (@KobeissiLetter) July 30, 2023 "The Nasdaq is outperforming the Dow by more than 30% this year – the widest margin on record in …
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/O0LPgwa4VP — unusual_whales (@unusual_whales) July 29, 2023
by Hephaestus4 Almost $1 trillion in interest payments now, compared to $1 trillion in debt from 1783 to 1981. US INTEREST TO SERVICE NATIONAL DEBT APPROACHES $1T * pic.twitter.com/EMFEWoCAw9 — The_Real_Fly (@The_Real_Fly) July 28, 2023 The fiscal deficit in the US is already at nearly 7% of GDP and only set to get bigger! pic.twitter.com/ui2kpW9OmL …
Funny how that works 🤔 (h/t @luke_broyles on twitter) h/t BENshakalaka
by Michael If you want to believe that propaganda that is coming from the Biden administration, you probably won’t want to read this article. Joe Biden insists that “Bidenomics” is working and that a wonderful new era of peace and prosperity is just around the corner. Meanwhile, inflation is out of control, homelessness is rising to very …
Here's the US deficit by month for both FY 2022 and FY 2023 YTD. In March, when the regional banking crisis began, the US added a whopping $378 billion to the deficit. September 2022 added $430 billion. Follow us @KobeissiLetter for more as we unpack the latest deficit report. pic.twitter.com/PVAUAFp3D2 — The Kobeissi Letter (@KobeissiLetter) …
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/KAUdnYdZRD — unusual_whales (@unusual_whales) July 16, 2023
Nothing substantive and speculation at best outright bullshitting at worse https://www.youtube.com/watch?v=lgUX_cIgRdQ h/t Disenfranchised Godzilla1980
Congress seeks government release on UFO cover-up, skepticism growing. There is ample evidence of a massive cover-up that has lasted more than a half century when it comes to UFOs/UAP, and it has only gotten worse these past few years; but now Congress aims to get the government to release everything? Mark my words… something …
Ht @RealEJAntoni And the longer that rates stay at this level, more and more debt matures and gets refinanced at these higher rates. So the debt interest expense is going to keep going higher. 🔥 pic.twitter.com/WDEUlt9EFd — Wall Street Mav (@WallStreetMav) July 13, 2023 Every time US tax receipts have tumbled this much, the US …
by Chris Black Through no fault of their own, the ever virtuous FBI have been fooled into being a corrupt rat’s nest of ideologically poisoned bureaucrats. Russian spies in Ukraine suspected of duping FBI to censor Americans on social mediahttps://t.co/fXdMw0RxSr pic.twitter.com/IKzLWrBQJw — The Washington Times (@WashTimes) July 13, 2023
Interest rates are at levels comparable to that seen during the Financial Crisis Tight monetary policy is going to be a major headwind for the economy in H2 2023 pic.twitter.com/i7eXcI5Lxf — Bravos Research (@bravosresearch) July 12, 2023 This is the first S&P 500 new (52 week) high that is not confirmed by mega cap Tech. …
by Dismal-Jellyfish https://www.federalreserve.gov/monetarypolicy/beigebook202307.htm Overall Economic Activity Overall economic activity increased slightly since late May. Five Districts reported slight or modest growth, five noted no change, and two reported slight and modest declines. Reports on consumer spending were mixed; growth was generally observed in consumer services, but some retailers noted shifts away from discretionary spending. Tourism and …
