Independent thinking for complex markets and current events
by The Marine Insurance Companies are going to love this. Can you say, “COVERAGE CANCELLED”? #UPDATE: Footage taken from the Romanian border village of Tulcea shows fire in Izmail, Odesa oblast due to Russian Shahed drone attack. pic.twitter.com/mQhyNMgGRN — Faytuks News (@Faytuks) August 2, 2023 https://twitter.com/_/status/1686539618852786176 More than 5 kamikaze drones flew over …
One of Seattle’s most expensive homes has been relisted on the market with a $15 million price cut – illustrating how even the most lavish homes are not immune from the cooling housing market. The five-bedroom mansion in Hunts Point, a town on the eastern shore of Lake Washington, went on the market in spring …
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, …
via Mike Shedlock: Case-Shiller home price indexes are again on the rise. What’s going on? Case Shiller National and 10-City home prices indexes plus OER, CPI, and Rent indexes from the BLS. Chart Notes The latest Case-Shiller home price indexes is for May. It represents repeat sales of the same house in roughly a March-April …
by Dismal-Jellyfish I would like to review a few items this morning: Commercial deposit withdrawals Bank Term Funding Program (BTFP) making up for gaps Todays notice from FDIC banks aren’t correctly reporting the amount of deposits they have that aren’t covered by federal insurance*. \When banks incorrectly report uninsured deposits, it could create a perception …
Two weeks ago, mortgage rates have surged, with the average rate for a 30-year fixed mortgage reaching 7.22%, the highest since early November. Read more: https://t.co/u4PbafMSad — unusual_whales (@unusual_whales) July 21, 2023 h/t Simian_Stacker
by Chris Black The Supreme Court is useless. This whole government is useless. It is fully impossible for this government to say “come on, guys – just leave the old cake guy alone.” There is no longer any system in this government to say that. Christian baker Jack Phillips tells Colorado Supreme Court it must …
by confoundedinterest17 I have never seen anything like this. The US Treasury 10Y-2Y yield curve is deep in inversion and has had a negative slope for 265 straight days. Bidenomics is born under a bad sign! On the commodities front, heating oil is up almost 2% this morning and nickel (an important element in Biden’s green …
by EuphoricTrilby JUST IN: Speaker McCarthy accuses the government of being weaponized against presidential candidate Donald Trump while it protects the Biden family. Is the government weaponized? Felony counts against Trump: 71 with more coming.Felony counts against Biden: 0 Biden family:-… pic.twitter.com/BJLv6WhdPH — Collin Rugg (@CollinRugg) July 18, 2023 Trump is about to be indicted …
by Chris Black NATO has gone ahead and done another attack on the Crimean bridge. They, once again, attacked the civilian paved road, instead of the rail line used by the military. It will be interesting to see how Putin responds to this. Russia has confirmed that the attack was done by underwater autonomous vehicles. …
Its basically avg house price divided by avg income, so it shows how many years it takes to buy a house outright California median house payment doubles since 2020, limiting pre-tax income to just 39% For comparison, here's the same chart for Texas, a state that many Californians have been moving to. While it has …
by Chris Black Keep giving Ukraine hope but keeping it in the friend-zone. Very sad. 🚨BREAKING: NATO rejects Ukraine attempt to join May be able to join in future but NATO refuses to provide timeline WW3 is held off…for nowhttps://t.co/yow3qZH1dU — DC_Draino (@DC_Draino) July 11, 2023 Anyway. The End pic.twitter.com/Vr6YI7qznY — Kim Dotcom (@KimDotcom) July …
by Michael We never seem to learn. Over a decade ago, our leaders created the biggest housing bubble of all time, and when it finally burst the entire globe experienced great financial pain. So did they learn from their mistakes and fix the system? No, instead they just created an even bigger housing bubble. Now …
View post on imgur.com On my watch, health care is a right not a privilege in this country. — President Biden Archived (@POTUS46Archive) July 8, 2023
Greta Thunberg has been charged in Sweden with disobeying a police order after she joined a group of climate activists blocking oil tankers at a port in June. Swedish prosecutors confirmed Wednesday that a “young woman” was charged with disobedience because she “refused to comply with police orders to leave the scene” during the protest. …
Yahoo CEO Jim Lanzone plans on returning the web perennial to a publicly-traded company and its “huge” traffic numbers are expected to clear the way. While Yahoo is “too small” to tackle search engine titans Google (GOOG) – Get Free Report and Microsoft (MSFT) – Get Free Report, owner of Bing, Lanzone indicated the company …
by Chris Black Russians have been bombing themselves in Donbass since 2014, blew up their own Nordstream pipeline, bombed their own Kerch bridge, blew Kakhovka dam and flooded Kherson, and were shelling themselves for months at the Zaporizhzhia Nuclear Power Plant. Of course they’re now going to blow themselves up at the Zaporizhzhia NPP. Now …
Swiss National Bank provided liquidity assistance to Credit Suisse, mentioning Fed’s FIMA Repo Facility. exactly…'Stealth QE' again https://t.co/GFY7Ipnl5y — CrossBorder Capital/ GLIndexes (@crossbordercap) June 29, 2023 1. Mooted Treasury buyback not yet detailed.. no one knows!2. Regardless of whether or not Fed b/s moves with GDP, this is still defined as #QE3. Yup it's 'monetary …
https://twitter.com/jackposobiec/status/1674056205025570822?s=46&t=T37mFTn9E_HUaxN1rB76Hw It’s almost like it’s all a distraction. Washington — The Defense Department memo on Iran — at the heart of the now-public audio recording that captured a July 2021 meeting with former President Donald Trump — is not part of the 31 counts of willful retention of national defense information charged in special counsel …
He still doesn’t get it! Tone deaf Anheuser-Busch CEO won’t rule out Bud Light working with Dylan Mulvaney AGAIN – and then says firm needs to ‘appreciate’ what the consumer wants – despite debacle costing firm $20 BILLION and counting US CEO Brendan Whitworth refused to say if the company would work with Mulvaney again …
ALAMEDA, Calif. – A 69-year-old woman who was dragged by a robber’s car in Alameda said Monday that she would do it all over again. “For me, to fight all the way to the end, I feel good about it,” the woman, who requested anonymity, told KTVU. Surveillance video shows the robber taking off in …
Investors going all in. Funds going for crypto again. Our BTC models are ready, will de delivered to community shortly. They will help risk manage better 👉 https://t.co/zQml4Uf1Vf pic.twitter.com/yc14f2wmzF — Menthor Q (@MenthorQpro) June 26, 2023 Microsoft, Apple, and top five companies accounted for 50% of NASDAQ 100 weight. Microsoft and Apple, together with next …
by Simian_Stacker Bingo – #BidensAmerica version Just 36% Agree With Biden That the Economy Is ‘Strong’
by Dismal-Jellyfish https://www.federalreserve.gov/releases/h8/20230616/ https://fred.stlouisfed.org/series/DPSACBW027SBOG A tad over a year ago (4/13/2022) the high was hit at $18,158.3536 billion Date Deposits, All Commercial Banks (billions) Down from all time high (billions) 4/13/2022 $18,158 0 2/22/2023 (Run picks up speed) $17,690 -$468 billion 3/1/2023 $17,662 -$496 billion 3/8/2023 $17,599 -$559 billion 3/15/2023 $17,428 -$730 billion 3/22/2023 $17,256 …
by 2201992 If not for double standards, the left would have none.
By Wayne Allyn Root I told you so. I’ve spent two and a half years now reporting Democrats get away with murder, while Republicans face life-in-prison for jaywalking. I spent last week on my TV and radio shows, and in my syndicated newspaper column, reporting that Trump would go UP in the polls after his …
by BoatSurfer600 The cyclical sectors of the economy are facing a sharp downturn as growth slowdown and high cost of capital hurt businesses. Stagflation is the most likely outcome for Europe. Source: Sagar Singh The Entire Euro System Faces Failure The lull in bad news conceals a deteriorating situation. In common with other markets, Eurozone …
by Chris Black This Tweet is 100% nonsense but was seen by over half a million people and liked by ~10k. Swedish PM: “Mass immigration doesn’t work…they have to go back.” Announces a set of policies that will make Sweden the strictest nation-state in the EU on immigration. https://t.co/IQL1ir5Su9 — Dr. Ben Braddock (@GraduatedBen) June …
