Independent thinking for complex markets and current events
LIVE: CPI rips to 3-year high… Gas prices officially up 28 percent YoY… The middle class is being liquidated in real time… Source: fxstreet Gas prices are the main culprit, accounting for nearly half of the monthly spike… Core inflation is stickier than expected, proving price hikes are moving deep into services… Food-at-home costs jumped …
🚨UNEMPLOYMENT IN CALIFORNIA IS SKYROCKETING🚨 The number of unemployed persons in California reached a whopping 1.05 MILLION, the highest in 3 years. Unemployment has jumped by 322,000 over the last 2 years. At the same time, the unemployment rate spiked to 5.3%. Recession? pic.twitter.com/gNpLH6z0ZH — Global Markets Investor (@GlobalMktObserv) December 26, 2024 Don't say you …
BREAKING 🚨: China Chinese Stocks fall to lowest prices since January 2019 pic.twitter.com/It0LO0kZkC — Barchart (@Barchart) September 12, 2024 China 3-Year Yields Close Near Record Lows pic.twitter.com/r7Pu9jg8lr — Sunchartist (@sunchartist) September 12, 2024 2/8The article goes on to note that "in 2018, at the height of VC investment, 51,302 start-ups were founded in China, according …
by ChampionshipUsed9855 VIX is below 13 again. QQQ has been basically flat for nearly a month. The FOMC is next week, could be a pivot point. Even the perma-bull just admitted this market is high on crack:https://t.co/OOk8ZN4gf9“Buyers have gotten drunk as a proverbial skunk, buying the worst of the worst…there’s a nasty hangover on the …
Financial markets are sounding the alarm bells as the M2 money supply experiences unprecedented levels of contraction. Notably, this is the first time in U.S. history that Treasuries have recorded three consecutive years of losses. The concern deepens with reports of a substantial rally in U.S. bonds last week, primarily driven by hedge funds that …
The Euro Area’s economic woes deepen as it faces its lowest PMI levels in nearly three years, raising concerns of a looming recession. Euro zone banks are tightening credit standards due to worsening economic conditions and rising interest rates, resulting in significant credit tightening. #Eurozone #PMI 📉 👀https://t.co/kbzBfUfarU pic.twitter.com/2jLAhRwIZa — Invariant Perspective (@InvariantPersp1) October 24, …
General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker. Key facts The Wall Street Journal reported there are 20 million General Motors vehicles with airbag inflators that the government recommends recalling, potentially setting the company up …
via YAHOO: SAN FRANCISCO (AP) — Retiree Pamela Haile has paid property taxes, insurance and other bills on a house she lets out in Oakland, but for more than three years her tenants have paid no rent thanks to one of the longest-lasting eviction bans in the country. The eviction moratorium in the San Francisco …