Independent thinking for complex markets and current events
Michael Green: For a family the new poverty line is now around $140,000 including child care and everything else. And this is conservative. The problem is the median family salary in America is only around 80k. We are sinking and it’s getting uglyhttps://t.co/eDxVnI3SLW — QE Infinity (@StealthQE4) November 24, 2025 New EPI family budget data …
Elon Musk didn’t mince words: “The dollar will be worth nothing if the US doesn’t do something about its national debt.” That wasn’t hyperbole. That was a warning. A new study confirms what many already feel in their bones. Most Americans can no longer afford even a minimal quality of life. Forget luxury. Forget comfort. …
https://twitter.com/rev_cap/status/1916831243775193204 🇺🇸 TREASURY SECRETARY BESSENT JUST SAID: – FIRST TRADE DEAL MIGHT COME AS EARLY AS THIS WEEK OR NEXT WEEK — Evan (@StockMKTNewz) April 28, 2025 Chinese policymakers continue to take a tough stance on extreme US tariffs. Refusing to negotiate, official accounts openly mocking the US, and today publishing a revisit of …
Trump’s stimulus kept the economy afloat in 2020. Biden inherited the benefits, rode the bull market, and walked away before the cracks turned into craters. Now, Trump is back at the wheel, facing an economic mess that was years in the making. Biden’s presidency was defined by easy money. Checks were sent, loans were paused, …
Prior to the pandemic, less than 2% of callers were asking for utility assistance, but in the last year that percentage has grown to 8.2%, according to Eden I&R data. Oakland made up 40% of the calls to 211, with Black and Latino individuals and single parents making up the majority of the callers. Female …
The share of people who withdrew from their 401(k) for financial emergencies surged to a record high in 2023 as Americans looked to counteract rising prices and shrinking paychecks, according to The Wall Street Journal. Around 3.6% of 401(k) participants at investment manager Vanguard Group pulled money from their account, compared to 2.8% in 2022 …