Independent thinking for complex markets and current events
The economy is breaking. And no one’s ready. 806,000+ layoffs in 2025 so far. 48% of consumer credit applications denied over the past year. Refinance rejection rate: 41.8%… the highest in 12+ years. U3 Unemployment forecast: 4.5–5.0% by year-end, according to Apollo, Peterson. (If the BLS is left the same- but who knows at this …
California Homelessness Executive making $430,000 per year, funneled million of dollars into her husband’s NGO three separate times, and has taxpayers pay for open bars at her parties. She paid $800,000 to silence whistleblowers @5149jamesli Her name is Dr Va Lecia Adams Kellum. She’s the former CEO of the LA Homeless Services Authority. – She …
The signs are clear, and they’re downright alarming. The new administration seems set on cutting 25-35% of the federal workforce, which could lead to as many as 800,000 job losses. That’s unthinkable. If this goes through, expect an additional 50 basis points added to the unemployment rate, and that’s before even factoring in the contractor …