US Q1 GDP Revision Jumps To 2.0% QoQ On Net Trade Jump, Responsible For Almost All Of The 1.3% To 2% Increase (REAL Median Weekly Earnings DOWN -3.7% Under Bidenomics)

by confoundedinterest17 Welcome to why I am always dubious about Federally-reported economic numbers, like GDP. GDP was adjusted up to 2% QoQ for Q1. But what was the reason for the dramatic revision? Net trade was the biggest change: exports were revised from 0.58% to 0.86%, while imports subtracted only -0.28% from the bottom line …

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50 Shades Of Joe! Misery Indices All Point To Americans Being Almost Twice As Miserable Under Biden Than Pre-Covid Trump (25 Straight Months Of Negative Weekly Wage Growth)

by confoundedinterest17 I could have used 3 shades of Joe, but 50 shades of Joe sounds better! But the fact remains that Americans are far more miserable under Biden than they were under Trump before the Chinese Wuhan Covid virus was unleashed. 9.03 today (Core CPI YoY + U-3 Unemployment) than it was in February …

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NVDA short sellers bleed almost $10 Billion in 2023 as AI boom continues

by rightlibcapitalist NVDA rallied this year and as expected, short sellers lost shit ton of money. Here’s the summary: According to financial data firm S3 Partners, short sellers of Nvidia Corp have experienced substantial losses this year, amounting to more than $8 billion, as the company’s stock surged over 180% in 2023. The remarkable performance …

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The Great Reset Is Almost Here – Are You Prepared?

Original image by Birch Gold Group staff From Brandon Smith I want you to imagine, for a moment, a future world in which everything we now know about functioning and surviving within the economy is completely upended. This world has gone fully digital, meaning people live within a cashless society where physical monetary interactions are abandoned …

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Global crisis averted back to life as it was ??!!Scientists Claim They Can Convert Humidity into Energy Using Almost Any Material, NOT !

In a discovery that is likely to excite opponents of the fossil fuel industry, scientists claim to have developed technology that can use any material to generate energy out of thin air, provided the air is humid enough. The study, led by University of Massachusetts at Amherst engineering professor Jun Yao, examined the use of nanopores …

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Goldman Sachs, the Bank That Almost Sank World Economy in 2008, Is At It Again

by Chris Black Goldman Sachs’ online bank, Marcus, is the only large bank offering a competitive interest rate (https://www.bankrate.com/banking/money-market/rates/) on its savings accounts – over 400 times that being offered by JPMorgan Chase, Bank of America, and even Citibank. Marcus (https://www.marcus.com/us/en/savings/high-yield-savings) is the online banking platform offered by Goldman Sachs Bank USA – which is …

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