Independent thinking for complex markets and current events
Americans push back against government overreach with some real defiance. Bring a gun to a knife fight: For the first time since 2020, when state and federal governments nationwide decided the Constitution and Bill of Rights no longer applied to them and began imposing a whole range of abusive illegal regulations …
The surge in Americans holding multiple jobs, surpassing recession levels, is a red flag for economic well-being. Despite government assurances of a soft landing, the reality is stark – many are compelled to juggle multiple jobs merely to make ends meet. This disturbing trend, reaching heights not seen since past …
Americans of both parties think the biggest issue the country faces is the government itself and “poor leadership”—outranking both inflation and the economy—according to a new Gallup poll, as headlines this month have been dominated by political controversies like the House Speaker vote and classified White House documents being found …
A growing share of working Americans don’t think they will ever retire, recent surveys suggest. Retirement is a time-honored life stage and a near-universal expectation in working America. Yet, a comfortable retirement requires savings, and many workers fear they don’t have enough. In a July poll conducted jointly by Axios …
A staggering 96% of Americans express deep worry about the current economic landscape, according to a survey by Intuit Credit Karma. The surprising link between low unemployment and imminent recessions is now causing widespread anxiety. While historically, a low unemployment rate signals a robust economy, recent data challenges this notion. …
Kyle Seraphin is a former FBI whistleblower who details how the corrupt FBI is using illegal FISA searches to spy on unwitting Americans. In this interview Kyle details why so many former FBI agents are now coming forward to blow this whistle on this corruption and how the bureau uses …
Real Time Credit Card 💳 Spending pic.twitter.com/wGZgxYaTGZ — Win Smart, CFA (@WinfieldSmart) January 3, 2024 Buying conditions have collapsed pic.twitter.com/jUZ7ebxaqM — Bravos Research (@bravosresearch) January 3, 2024 "The share of U.S. homebuyers looking to move to a different metro area declined for the third straight month in November, dropping to …
by Michael The ominous trends that we see all around us are taking us somewhere. Needless to say, 2023 was not a good year for our country. Hunger and homelessness have been absolutely exploding, the suicide rate just continues to go even higher, and there is chaos in the streets on …
Public domain photo courtesy of the Board of Governors of the Federal Reserve System From Peter Reagan at Birch Gold Group For the last two years, Federal Reserve Chairman Jerome Powell has been maintaining a moderate stance on raising rates to combat a historic wave of red-hot inflation. (Although initially, the Fed didn’t start raising rates …
via jonathanturley: It appears that the concerted effort to excuse Hunter Biden’s defiance of a subpoena in the media has failed. According to a Harvard Caps/Harris poll, 71 percent of Americans believe that Hunter should be prosecuted for contempt of Congress. What is remarkable is that 54 percent of Democrats support …
Millions of Americans strapped with student loan debt are still not paying their bills after a three-year payment hiatus ended this fall. Federal student loan payments restarted at the beginning of October after President Biden declined to extend the pandemic-era pause that first began in March 2020 under his predecessor, …
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the U.S. Declining assistance packages and a shocking +20% increase in …
Forgiving school loans and now giving away money to buy houses… Biden wants to give 500,000 Americans money to buy homes, per NewsWeek. — unusual_whales (@unusual_whales) December 18, 2023
via WSJ: Pandemic, zero-commission trading ‘created a whole generation of investors’ About 58% of U.S. households owned stocks in 2022, according to the Federal Reserve’s survey of consumer finances released this fall. That is up from 53% in 2019 and marks the highest household stock-ownership rate recorded in the triennial …
The US House this morning joined the Senate in approving the massive, trillion dollar National Defense Authorization Act where Congressional leadership snuck in authorization for the government to continue to illegally spy on US citizens not suspected or accused of any crime! In the House, Speaker Johnson only passed the …
Americans' savings rates slid again in the third quarter, per Axios: pic.twitter.com/sBEvKXNTjn — unusual_whales (@unusual_whales) December 14, 2023 The economic landscape in the United States is becoming increasingly challenging as Americans grapple with a combination of dwindling savings rates, soaring restaurant prices, and a weakening U.S. Dollar Index ($DXY). The …
via thepoliticsbrief: In a last-minute rush to sanction spending before the end of the year, the Senate enacted a $886 billion defense spending proposal Wednesday, sponsored by President Joe Biden, that includes financing for Ukraine, yearly pay hikes for personnel, and most controversially, a reauthorization of the the National Defense Authorization …
https://twitter.com/AaronMikita/status/1734826116110528548
via JAMES RICKARDS: Are gold prices and interest rates joined at the hip? Based on recent market action, it would appear the answer is: yes. A major rally in gold is now underway. Gold moved from $1,831 per ounce on Oct. 6 to $2,091 per ounce on Dec. 1, a …
JPMorgan said the vast majority of Americans have burned through excess savings. It’s likely that all but the top 1% of consumers will be worse off financially in mid-2024 than they were pre-pandemic, the bank said. BofA wrote this month that elder millennials face a particularly tough set of circumstances. …
https://twitter.com/tuxzito12345/status/1731899710842060951 FBI Specifically Targeted Pro-Life, Pro-Family Catholics as “Domestic Terrorists”
Mockingbird Assets are trying to convince hundreds of millions of Americans that the economy is fine and inflation is not that bad. The fact is that millions of Americans are struggling to put food on the table and support their families. While the struggle is real they still try to convince Americans …
by Simon Black In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our …
An intriguing shift is observed among almost a third of millionaires in the U.S., who now identify themselves as part of the middle class, according to MoneyWise. A Bloomberg study further reveals that 25% of America’s “regular rich,” earning at least $175,000 annually, perceive themselves as “very poor,” “poor,” or …
https://www.youtube.com/watch?v=HcHekbE7_90 There was a time when the American dream included home ownership, but that dream has now become a nightmare for many. That’s because millions of Americans are going to see their home equity being wiped out by the imminent housing collapse. A report from credit analytics firm TransUnion found …
‘Democracy Dies In Darkness’? Democrats Overwhelmingly Back Big Tech/Govt Censorship “Americans have come to realize that being online can mean having your speech rights curtailed. But that doesn’t mean they like it. Indeed, they mostly oppose the idea, in particular when it’s Big Tech and Big Government censoring together, according …
As economic uncertainties deepen, the latest findings from the Federal Reserve Bank of New York’s Credit Access Survey paint a concerning picture for consumers. The survey reveals a notable decline in credit demand, with weakening application rates and rising rejection rates, notably in auto loans. Looking forward, households express a …
