A hub for independent voices and hard truths
Will CRE defaults be enough to push the economy over the edge? First Foundation plunges as ’unexpected’ fund raise puts real estate loans in focus First Foundation shares slumped roughly 24% on Wednesday to their lowest since November after the Texas-based lender with a huge portfolio of multifamily real estate …
BREAKING: Japanese yen – again. The Japanese Yen is trading at the 3RD WEAKEST level against the US dollar in 34 YEARS. Since the Japan's Ministry of Finance intervention low ($58 billion reserves burned) it is down 4.5% and 13% year to date. More details in 2nd post👇 pic.twitter.com/lLKV6cjOBO — …
Former Centers for Disease Control and Prevention Director Robert Redfield said he predicts a bird flu pandemic will happen, it’s just a matter of when that will be. https://t.co/23chXb2fg9 — The Hill (@thehill) June 15, 2024 Redfield predicts the mortality “probably somewhere between 25 and 50 percent mortality.” “Once the …
Judge defends releasing suspect who claimed she ‘murdered someone and wanted to kill again’ days before she stabbed toddler to death… and why he would do it again An Ohio judge has defended his decision to release the woman accused of killing three-year-old Julian Wood back on the streets just …
https://twitter.com/McDonaghTech/status/1800163553804275890 Macron’s snap decision to dissolve the National Assembly was met with disbelief by his supporters, with several people screaming “Oh no” as he spoke to a crowd in a televised address from his party headquarters in Paris. In contrast, jubilant supporters of the National Rally party celebrated as Macron …
BY DAVID HAGGITH Photo by Aarón Blanco Tejedor on Unsplash Rather than run with the quick trip to the insane realm of make-believe that stock and bond markets have made a lot of round-trips to over the past year, I suggested earlier this week that we hold both of the market-ecstasy job reports …
New month, same trend! #Germany's industrial production declined again in May. The level remains 15% lower than the peak of 2017! pic.twitter.com/DEIhyzExjr — jeroen blokland (@jsblokland) June 7, 2024
WARNING: Default rate on consumer loans have now hit the highest level in a decade Such aggressive rises have systematically ended in recessions since 1987 At this rate, history is about to repeat again pic.twitter.com/59wW22Rq5e — Bravos Research (@bravosresearch) June 4, 2024 US Job openings year-over-year change has been negative …
BREAKING I am the new Leader of @ReformParty_UK and will be standing in Clacton at this election. pic.twitter.com/sqpcCXREHL — Nigel Farage MP (@Nigel_Farage) June 3, 2024
FED Warns Against Rising Delinquency Rates, Calls It A “Leading Indicator That Things Are About To Get Worse”
New York — The judge in Donald Trump‘s criminal hush money trial dismissed jurors for the day on Wednesday after more than four hours of deliberations over their verdict for the former president. Deliberations will resume again at 9:30 a.m. on Thursday. Before leaving, the jurors requested to rehear Judge …
Suffering badly are consumer sentiment and real estate, two areas entwined because housing prices have tumbled since 2021—including 10% since the start of the year—yet property is where most Chinese put their investments and savings, so the slump is causing a freeze on spending. New home prices in April fell …
The Dow is set to surge 50% by 2030 as the ‘roaring 20s’ are alive and well for stocks, market vet says With the stock market trading at record highs, the “Roaring 20s” thesis is alive and well. That’s according to Ed Yardeni, who expects the Dow and S&P 500 …
Francis is the first pope from the Americas, the first of his name, and more than any other pope in recent memory, has dedicated his life and ministry to the poor, the peripheral, and the forgotten. All while leading the Catholic Church on difficult, sometimes controversial issues that not everyone …
The Democrat-dominated California state legislature has once again rejected a proposal to create a single-payer health care system — socialized medicine, or so-called “Medicare for All” — due to the high cost amid budget deficits. The idea of a government-run, publicly-funded health care system has tempted left-wing Democrats for decades. …
This doesn’t sound like democracy, Blinken. Ukraine will basically never hold elections again with these requirements. pic.twitter.com/Yy1oV4nkCC — Ian Miles Cheong (@ianmiles) May 14, 2024 NEW: Secretary of State Antony Blinken is rocking out in Kyiv, Ukraine, singing "Rocking to the Free World" to Ukrainians. Your tax dollars at work. …
The movie theater operator sold 72.5 million shares in an equity offering launched in March. The $250 million stock sale was finalized Monday during a revived meme stock craze triggered by the return of “Roaring Kitty.” AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday …
Do Democrats have contempt for Americans who aren’t part of the richest 1% or don’t live in cities on the coast? This query comes after former House Speaker Nancy Pelosi (D-Calif.) made an outrageous comment during a recent Oxford Union debate, calling those who may see themselves as part of …
By Martin Armstrong The mainstream media continues to sweep this information under the rug, but if it were not (D)ifferent), this would be one of the biggest presidential scandals in modern history. Joe Biden’s daughter, Ashley Biden, left a diary a rehabilitation facility for sex-related trauma. The diary was shrouded …
Canada wildfire smoke is creating ‘unhealthy’ air quality in the northern US Smoke from Canadian wildfires is back and is spreading over part of the northern United States, and it could spread farther throughout the week. In a replay of last year around the same time, wildfires in Canada have …
A former Wells Fargo broker accused of stealing funds from clients avoids consequences despite refusing to cooperate with the investigation. This incident sheds light on Wells Fargo’s troubled history, including instances of defrauding customers and facing legal action. How much money did Wells Fargo steal from customers? The CFPB said …
by MonkeyLover03 I feel like everything points to a bubble, even the graphs at this point. Unemployment is going up, layoffs are happening more and are planned if you go to warntracker.com. Why are some people still saying this isn’t a bubble? Having been through a few cycles, consensus …
BY DAVID HAGGITH Because it has to be in order to fund Bidenomics. As Powell clasps his hands in desperate hope without any evidence to back his hope, the US Treasurer today, like the Treasurer in yesteryear, is giving a solid thumbs-up to his plan, which is already accomplishing everything …
Judge finds Trump in contempt for violating gag order as trial continues Updated 11:19 a.m. ET, April 30, 2024 Judge Juan Merchan ruled Donald Trump violated the gag order nine times for criticizing expected trial witnesses in posts on social media and his campaign page. Trump must pay the $9,000 …
via moneymetals: It was deja vu all over again. The Biden administration ran yet another massive budget deficit in March. Tax receipts were up last month compared to February, but so was spending. That led to a $236.46 billion budget shortfall, according to the latest Monthly Treasury Statement. With another huge …
Whatever… https://t.co/bZl38AAKnS pic.twitter.com/nFavJXSD4j — JustDario 🏊♂️ (@DarioCpx) April 10, 2024 Again rising, BoJ has lot the plot it seems pic.twitter.com/RVhAk0wpJL — The Macro Guy (@SagarSinghSetia) April 10, 2024
A new claus in Canada's "National Defense Act" allows them to deploy the military against their own citizens 🧐pic.twitter.com/h6N9QuRKgr https://t.co/l7L3hjeD46 — Financelot (@FinanceLancelot) April 9, 2024
Historic irony: Germany is being sued over genocide complicity for helping Israel A globally widespread turn against Israel is far from complete, but Managua’s case at the ICJ is one of its clearest indications On April 8 and 9, the International Court of Justice (ICJ), often referred to as the …
