Independent thinking for complex markets and current events
Canadian banks appear to be following a familiar pattern, as they typically do during economic crises and recessions. The current signs of an accelerated decline indicate that a challenging period may indeed be on the horizon, with potential economic turbulence ahead. Canadian banks are in an accelerated decline now, just as they've done for every …
by TonyLiberty The housing market is in a difficult state, with low inventory, high mortgage rates, and high prices making it difficult for buyers to afford homes. Despite aggressive interest rate hikes by the Federal Reserve, home prices have remained high. First-time homebuyers are having difficulty competing with investors, who are able to make all-cash offers …
It seems like the global economy is in a tough spot. There are a lot of problems, like conflicts and debts, and it’s affecting how things are going. People aren’t feeling too confident about it, especially in developed countries where things might even get worse. Well, folks, it’s no secret that our debt situation is …
In woke America, nothing surprises us. We expect only the worst from both government and corporate officials. That expectation, however, does not diminish our outrage. On Wednesday, the Boston Herald reported that several hotels in Foxboro, Massachusetts, site of this year’s annual Army-Navy football game, have canceled reservations for veterans and their families and given …
via hotair: The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them. The first iteration of this came with Facebook, whose vast audience attracted many independents and some corporate bloggers to commit to that platform, only …
“JUST IN: Nearly 700 US banks now exceed the 2006 Commercial Real Estate (CRE) loan concentration guidance. What is the CRE loan concentration guidance? It’s guidance by the FDIC for the amount of exposure that small banks should have to CRE loans. Currently, small banks hold over 70% of CRE loans which is $2 trillion …
Before there were weather apps for your smartphone, people looked to nature to prepare for what’s to come. What signs of a hard winter are you already seeing in your backyard? Predicting winter weather has always been important, especially for farmers and our ancestors who didn’t have access to all of the technology we have. …
by Chris Black It is the rule of law! THE RULE OF LAW! D.C. POLL If you were a member of the jury in the trial of Donald Trump, how would you vote on the charge that he used unlawful means in an attempt to subvert the results of the 2020 presidential election? 64% guilty8% …
JPMORGAN: “.. there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than [markets] anticipate. Risks of an interest rate shock .. are clear: consumer credit .. funding of startups .. impact on employment ..” [Kolanovic] pic.twitter.com/PvXkzsZA2Z — Carl Quintanilla (@carlquintanilla) September …
https://www.youtube.com/watch?v=-c7EKqC-Krg Target’s products are going to get more expensive this fall. The company’s CEO is warning about tougher conditions for shoppers and also raising the alarm about the state of the U.S. economy. The retailer is one of the biggest general merchandise companies in America, and its household goods, groceries, and clothing are about to …
via WSJ: U.S. relations with China were steady in December 2013 when then-Vice President Joe Biden stepped off Air Force Two in Beijing with a seemingly unremarkable companion: his son Hunter. Days later, Shanghai authorities approved the formation of an investment boutique, underwritten by Chinese government money, that named Hunter Biden as a director and …
In an unprecedented move, the Department of Justice (DOJ) has issued a letter to a federal judge in the Southern District of New York, suggesting that Devon Archer, a business associate of Hunter Biden, be ordered to surrender and begin his term of imprisonment. This development comes amidst Archer’s ongoing appeal and just before his …
Next week will be interesting because many charts are indicating market weakness which lines up with week 21. https://t.co/ggQXxGybX0 pic.twitter.com/U2aMp07RLv — Financelot (@FinanceLancelot) July 29, 2023 Here's an interesting chart. Volatility spikes have been occurring on the same weekly intervals the last two cycles. Weeks 8 & 17 are common across both, implying a large …
Major changes are already taking place at US grocery stores, and during the fall and winter, many grocery essentials will become priceless as demand soars but supplies don’t keep pace. We haven’t seen the worst of food inflation, and big companies like Oreo maker Mondelez are still announcing price increases for the second half of …
In an email from RFK’s campaign on Friday afternoon, he explained how the new poll revealed he has the highest favorability ratings of any candidate in the 2024 race for the White House. It read: “This latest poll is sending shockwaves among the political class in Washington DC. https://www.msn.com/en-us/news/politics/nightmare-for-biden-robert-kennedy-jr-pushes-ahead-of-president-in-stunning-new-poll/ar-AA1cEoYb?ocid=msedgntp&cvid=794e01f056974b20ab17846913607c37&ei=6
by confoundedinterest17 Foul Powell on the Prowl! Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation. The Federal Open Market Committee on Wednesday is expected to maintain its benchmark lending rate at the …
