Independent thinking for complex markets and current events
(Bloomberg) — Iran carried out fresh strikes across the Persian Gulf hours before US President Donald Trump’s deadline to reopen the Strait of Hormuz expires, as the waterway’s closure continues to rattle global energy markets. The United Arab Emirates reported drone and missile attacks by the Islamic Republic overnight into Monday. Israel launched a wave …
Live from the Senate floor and outside the Senate chamber as a government shutdown is fast approaching. Democratic and Republican congressional leaders left a White House meeting with President Donald Trump showing little willingness to compromise from their entrenched positions in order to avoid a lapse in funding. If government funding legislation isn’t passed by …
BRICS nations are buying gold left and right. JUST IN🇺🇲🇨🇳🔥 China has acquired record-high #Gold to establish #BRICS currency by limiting the holding of US treasury bonds to its new alliance groups. 🚨 China may control American financial, Banking and Firms soon🔜. pic.twitter.com/zIbAezAK9J — RKM (@rkmtimes) September 28, 2025 BREAKING: China buying up massive amounts …
by Michael September is shaping up to be such a pivotal month, and right now major powers all over the globe are positioning themselves for what is to come. Just when we thought that global peace may be breaking out, it appears that a lot more war is on the horizon. In fact, I just …
by Mike Shedlock Union contracts are at the heart of the problem. Chicago coming up. Full Blown Crisis Please note L.A. city budget shortfall grows to nearly $1 billion, with layoffs ‘nearly inevitable’ L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now …
Bitcoin Mr market gathering the cattle one last time. Maximum pain, the abattoir awaits. Patience my padawan's pic.twitter.com/QTn1EAmuqy — The Great Martis (@great_martis) November 15, 2024 Bitcoin vs Ethereum The difference that distinguishes the distortion in the chart is the Larry/Saylor pump narrative on Bitcoin. Guess what happens when the music stops? pic.twitter.com/GUSdAdIEPO — The …
#recession … #Global $USD #Liquidity Squeeze edition https://t.co/33Ts5hbVHb pic.twitter.com/pc9KFHqddF — Invariant Perspective (@InvariantPersp1) October 31, 2024 It's end of month and we should be seeing more cash piling up on the sidelines (sometimes referred to as window dressing) but instead RRPs have plunged this week, down $50 billion to just $201 – why is no …
by Michael The health of the economy has been a major determining factor in many past presidential elections, and the health of the economy is certainly going to have an enormous influence on the outcome of the upcoming presidential election. In fact, according to a poll that was just released by Rasmussen the economy is the number …
Furious dad confronts cops over law that allows adults to walk around naked in front of kids in Oregon An Oregon man raged at a police officer during a disagreement over state laws permitting public nudity in front of children. Thomas Collins, a father from Bend, Oregon, filmed the heated confrontation after a naked stranger …
I met a former FBI agent and his wife on the campaign trail here in Iowa. They agree with me: we need to root out the corruption & shut down the FBI. At the local level, we have police & prosecutors. At the federal level, we have U.S. marshals & the DOJ. An intermediary… pic.twitter.com/gt9153XyaS …
As the U.S. government collects approximately $2.5 trillion annually in personal income taxes, a staggering 40% of that sum, equivalent to $1 trillion, is already allocated to servicing the interest on the national debt. The ominous trajectory continues as interest payments swell due to the maturation of older, low-interest debt being refinanced at higher rates, …
US economy is nearing a sharp economic downturn Current yield curve steepening is one of the sharpest on record since 1990 Such a move has typically occurred right before or during a recession pic.twitter.com/RPs5ht81jA — Bravos Research (@bravosresearch) November 2, 2023 We are again in the everything rally mode! Gold, crude, equities, bonds and commodities. …
The Omaha-based conglomerate’s operating earnings totaled $10.043 billion last quarter, 6.6% higher than the figure from the same quarter a year ago. Net income totaled $35.91 billion, compared with a $43.62 billion loss during the second quarter last year. Berkshire’s massive cash pile grew to $147.377 billion at the end of June, near a record …
by confoundedinterest17 Bidenomics is based on massive Federal spending and massive Fed monetary stimulus. But like all stimulus, it wears off. Such is the case with bank lending as The Fed raises interest rates. US bank credit year-over-year (YoY) has stalled to a lowly 0.7% rate as M2 Money growth YoY increases slightly to -4%. …
