Independent thinking for complex markets and current events
🚨#WATCH: As President Joe Biden puts a creepy grin while chuckling after a reporter ask What's your advice to the next House speaker?" BIDEN: "That's above my pay grade” pic.twitter.com/5n1rfpd1Hw — R A W S A L E R T S (@rawsalerts) October 4, 2023 That’s fire Marshall Bill Is it just me or does …
“According to Reuters, the US currently has just 17 days of supply left in the Strategic Petroleum Reserves (SPR). This is roughly half the historical average of ~33 days dating back to 1990. Meanwhile, oil prices are still almost 30% above the target price the US set to refill them. Tomorrow, an OPEC meeting kicks …
Will Congressman Jamal Bowman be prosecuted and imprisoned for very dangerously pulling and setting off the main fire alarm system in order to stop a Congressional vote that was going on in D.C. His egregious act is covered on tape, a horrible display of nerve and criminality. It… — Commentary Donald J. Trump Posts From …
by Martin Armstrong Anyone who thinks prosecutors are to be trusted is out of your mind. I have NEVER met one that had an ounce of honesty or ethics. It is extremely rare for any court actually to go after a prosecutor. Perhaps one in a billion. They are on the same team to uphold …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 15th consecutive week above $100 billion! What we are reviewing: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …
by confoundedinterest17 I ain’t never been to Spain, but the US under Biden is like Spain in terms of default risk. Actually, I have to Spain numerous times and love visiting Barcelona. But the US debt fiasco under Biden and Congressional spending sprees has led to … US credit default swap being priced worse than Spain’s …
I'll say the thing that no one else is willing to say. Joe Biden is being intensely selfish by running again. He's putting his ego above the interests of his party and his country. — Cenk Uygur (@cenkuygur) September 9, 2023 https://t.co/loMpPOfXOn — Cenk Uygur (@cenkuygur) September 9, 2023 #DropOut — Cenk Uygur (@cenkuygur) September …
by j_stars Gold made a new all time high in Japan today at 284,673 JPY/oz. pic.twitter.com/VwZqNJbBkW — Jan Nieuwenhuijs (@JanGold_) September 4, 2023
The rig count is still in plunge mode… *A cumulative $4.9T of investments in global upstream oil and gas are needed by 2030 to meet market needs and prevent a supply shortfall" —International Energy Forum (IEF) and S&P Global Commodity Insights. https://t.co/8mRu56mQ9e pic.twitter.com/EoXmE1DPHd — Lawrence McDonald (@Convertbond) September 4, 2023 BREAKING: Crude oil prices rise …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 13th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …
by EuphoricTrilby Bidenomics: Create 15% food inflation with reckless Covid policy and mandates, then take credit for when inflation “falls” to 6%. https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/ Americans work three jobs in a single household to put food on the table. Americans on Maui are still digging their dead children from the rubble. And the most most corrupt administration …
by Dismal-Jellyfish Wut mean?: On the flipside, this means 66.1% of retail investors and 56.03% of institutional investors believe the probability of a catastrophic stock market crash in the U. S., like that of October 28, 1929 or October 19, 1987, in the next six months is above 10%.
Six children and two adults were suspended inside a cable car dangling over a deep Pakistani valley on Tuesday, as a military helicopter hovered nearby. The children were using the chairlift to cross the valley to get to school when a cable broke at a height of up to 1,200 feet (about 365 metres) midway …
ECB President Christine Lagarde CBDC Will Be Used For Control 🚨🚨🚨Cash transactions above 1,000 Euros already banned. Jail or fines if you are caught. With CBDC Euro, there will be controls. Maybe transactions 300-400 Euros won't be controlled. Anything above will be. 🔊 pic.twitter.com/MeAucmoK9H — Wall Street Mav (@WallStreetMav) August 18, 2023 https://twitter.com/_/status/1689287773591629825
by Ok_Significance_4008 I asked Bard and that’s what it said: A rising 10-year Treasury yield can have a number of implications for stocks. First, it can make it more expensive for companies to borrow money, which can weigh on their earnings. Second, it can make stocks less attractive to investors who are looking for income, …
This whole thing is a shit show. This is a politically motivated indictment in order to stop Trump. https://twitter.com/JackPosobiec/status/1691835503966904707
Real yields on 10-year Treasuries closed yesterday at the highest since 2009. pic.twitter.com/Ujfb0Lco7l — Lisa Abramowicz (@lisaabramowicz1) August 15, 2023 Nominal yields keep going higher and this affects corporate bonds $LQD, therefore cost of refinancing is increasing. We can expect this chop into the market to keep going while investors move from growth to value …
Reality is all that previous excessive money printing has goosed up prices far above the long term core trend. And only a hard landing would even have a shot at bringing it back to trend, otherwise the future is clear: Permanent higher prices and cost of living with wages not having kept up. And the …
by Dismal-Jellyfish What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in M2 and dip in deposits. Buckle up! Bank Term Funding Program (BTFP): https://www.federalreserve.gov/releases/h41/20230810/ https://fred.stlouisfed.org/series/H41RESPPALDKNWW 781.1%!!! Date …
by themadamerican1 Ok. M2 is negative by a lot. Data apparently(haven’t check myself yet) suggests that the last time was the 30s. That’s real money, greenbacks in the people’s hands and in bank accounts. The markets are sitting on a free flowing well of FED printed money. At roughly 100-106 billion a week straight to …
by confoundedinterest17 I wonder which season the US economy is in, according to President “Chance the Gardener” Biden. If you believe the recovery talk (from the reckless Covid economic and school shutdowns of 2020), all is well in the (economic) garden. For example, M2 Money Velocity (GDP/M2), is almost back to where it was just …
Otavio (Tavi) Costa: “Corporate bonds now yield only 0.12% above the Fed Funds rate. The lowest level since 2007, preceding the Global Financial Crisis. Every time credit spreads were at historically suppressed levels, a hard-landing scenario followed. Perhaps this time is indeed different, but I would rather base my perspective on numerous indicators pointing towards …
by confoundedinterest17 Joe Biden said that Republicans will impeach him in the House of Representatives since inflation is coming down. Huh? No Joe, it is because your are the most corrupt President in history, a compulsive liar and your economic policies are pure World Economic Forum mandates (open borders, Central Bank Digital currency, green energy, …
Details: At night, the Russians fired at Ukraine: six Kinzhal aerial ballistic missiles; nine Kalibr cruise missiles; three ballistic/anti-aircraft missiles (type to be specified); six Iranian-made Shahed-136/131 attack UAVs; three Orlan and SuperCam UAVs. According to Forbes, a Kalibr cruise missile costs US$6.5 million, bringing the total cost of the missiles fired at night to …
by confoundedinterest17 Yes, one of the cornerstones of Bidenomics is the massive expansion of (impractical) electric vehicles (or EVs). You know, those mondo expensive cars that run out of power after a couple of hundred miles requiring a lengthy recharge (kind of makes long distance trips the domain of Internal Combustion Engine (ICE) cars. But …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/research/snapshot/Snapshot_July2023.pdf Overview of the July 2023 Snapshot GDP growth slowed: Q1 GDP was about .5% below what it would been if since Q42019, it grew at a rate close to long-term forecasts. Consumer real spending on services up 2.6%—still greater then 2%… Average hourly earnings up 4.4% in June. The employment-to-population ratio for …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to remain at this level for a while to ensure inflation returns to the target range …
Blistering temperatures reached unheard-of northerly latitudes in Canada over the weekend amid dangerously hot and dry conditions, lightning storms and new blazes that intensified the country’s historically severe fire season. The temperature soared as high as 100 degrees in the Northwest Territories on Saturday, the hottest temperature ever measured north of 65 degrees latitude in …
by AC Folks, homes are not selling right now.. we had an ok q1 and up to 4 weeks ago things were selling. In most areas I cover we might sell 1-3 homes a week, normally 20+ 10 year yield above 4%! Real estate is still in troubles, new cuts are coming pic.twitter.com/ueubWaam1G — Alessio …
