Bulls are misled by GDP, BLS models, and volatile assets like Bitcoin. The real unemployment rate is 7.2%.

This happens in Canada too! — Mothersilverape (@mothersilverape) December 15, 2024 https://twitter.com/j77324/status/1868113104136986809 https://twitter.com/dailyjobcuts/status/1867920697030578185 The labor market continues to weaken, hard to see a rebound in positive momentum at maximum employment. Employment to pop ratio is finally declining, however. pic.twitter.com/jRvCxKqDYI — Don Johnson (@DonMiami3) December 15, 2024 pic.twitter.com/cWReoeN4c2 — Captain Frans …

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U.S. Beefs Up Military Assets In Syria

In the last 48 hours, the U.S. has ramped up its military presence in northeastern Syria. At least six C-17 and C-130 military transport aircraft delivered crucial air defense systems and additional troops to the region. These landings took place at Kharab al-Jir Airbase and the Rumalyn Landing Zone, marking …

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Biden/Harris Replicates Reagan’s Soviet Bankruptcy Strategy IN REVERSE, US Debt Stands At $36 TRILLION With $220.3 TRILLION In Unfunded Liabilities (Too Bad Total US Assets Are Only $217 TRILLON)

by confoundedinterest17 I just watched Dennis Quaid in “Reagan”. Excellent film. But it reminded me of how Reagan sank the Soviet Union: by outspending the Soviet Union on the arms race. It worked! The Soviet Union, hamstrung by grossly inefficent central planning, couldn’t keep up and collapsed under President George …

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SEG – premium NYC RE assets on 80% fire sale

Never bet against premium NYC RE assets; they can occasionally look depressing (e.g. 911, GFC, and Covid) but almost always bounce back stronger. That, besides research work, supported my investment case in Vornado Realty ($VNO) in 2023 when the market believed the NYC office was dead. It has been a 2x in …

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U.S. positions military assets in Middle East to deter Iran.

WASHINGTON—The Biden administration is moving military forces to deter an Iranian response following Israel’s stepped-up air campaign against Hezbollah and the start of a ground operation in southern Lebanon, U.S. and Israeli officials said. Those moves come after the U.S. warned Iran and the militant groups it supports against targeting …

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JP Morgan, Goldman, Citibank, and Bank of America hold $183.37T in derivatives, backed by only $8.28T in assets.

JP Morgan, Goldman, Citibank, Bank of America These four have $183.37 Trillion in derivatives, 88.12% of total outstanding (all banks). These are backed by a mere $8.28 Trillion in assets, 4.52% of their derivative positions. Did I mention they are repeat offenders from 2008? pic.twitter.com/fYbNLZZ0Vl — M.B. (@741trey) September 30, …

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Hey Big Spender! US Gov’t Pays $3 BILLION In Interest Per Day (Federal Unfunded Liabilities At $219 Trillion While Total US Assets At $213 Trillion)

by confoundedinterest17 Hey Big Spender! (Federal Government). The US government now pays out on average $3bn in interest expenses per day…If the Fed cuts interest rates by 1%-point and the entire yield curve declines by 1%-point, then daily interest expenses will decline from $3bn per day to $2.5bn per day. Even …

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Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall. Around $95 billion of multifamily assets are at risk of distress. More lenders are submitting offers to refinance debt.

Landlords in the commercial real estate sector are indeed facing a significant challenge with $1.5 trillion of debt maturing by the end of next year. Approximately a quarter of this debt could be difficult to refinance due to higher interest rates and lower property valuations. Regarding multifamily assets, around $95 …

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Too Much Debt? Harris Proposing $1.7 Trillion In Spending Despite The US Begin $35+ Trillion In Debt And $218+ Trillion In Unfunded Liabilities (National Assets Of $213 Trillion Less Than Unfunded Liabilities Of $218+ Trillion)

by confoundedinterest17 Too much debt? Kamala Harris doesn’t think so. She is proposing economic policies costing $1. 7 trillion without sufficicent offsets. Harris is putting the US on the path to default, following numerous other badly managed nations, like Ukraine and Greece. And much of Latin America. The US is already at $35+ …

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We’re in a new regime: higher volatility, lower liquidity, global deleveraging. Risk assets face bigger price swings and downward pressure…. $6.4 trillion erased from global markets in the past 3 weeks.

The “pain trade” is back… That means for traders it's a good time to consider smaller position sizing, wider stops and much more discerning execution. – Smaller size to reduce total exposure – Wider stops to account for illiquid, volatile trading conditions – Discerning execution to limit overtrading — Markets …

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Funding Ukraine Through Frozen Russian Assets

By Martin Armstrong EU Economic Commissioner Paolo Gentiloni has claimed that the Group of Seven (G7) will release $50 billion in frozen Russian assets to Ukraine by October. These leaders agreed at the last meeting on June 13 that they would indeed take the money they confiscated from Russia and …

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US Unfunded Liabilities Total $217.63 Trillion While TOTAL US National Assets Equal Only $210 Trillion (National Debt Equals $35 Trillion And Growing Awfully Fast!) Unfunded Liabilities 6.23X National Debt!

by confoundedinterest17 This scene from the film “McCabe and Mrs. Miller” sums up our political plight quite nicley. Politicians spend like crazy to stay in power (Biden/Harris) are excellent examples). Politicians promises endless money, then shoot the economy. The US is broke and relies on printing money and boowed funds to …

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Is The World Souring On US Treasuries And The Fed? Biden/Congress Out Of Control Spending Is A Disaster (UNFUNDED Entitlements Promised By Federal Government Larger Than Total National Assets!)

by confoundedinterest17 Here is a chart of Non-commerciak net positions for US Treasuries, currently showing more bailing out of Treasury positions. Has the world sours on DC’s fiscal train wreck and The Fed? Of course, budget deficits are a disaster with Biden/Congress spending like drunken sailors in port and showing …

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After Bank Assets Seized, Yellen’s Empty Promises, Get FDIC Deposit Insurance NOW!

https://www.youtube.com/watch?v=-4VTF9_Vnm4 The global economy relies heavily on the banking sector, which is currently facing significant challenges. Recent events have sent shockwaves in financial markets and raised doubts about the stability of our banking system. Statements by Treasury Secretary Janet Yellen have sparked much debate and concern, especially regarding the security …

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Alex Jones’s Infowars to Be Shut Down, Assets Liquidated

A US bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones’ Infowars media platform and liquidate its assets to help pay the $1.5 billion in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook Elementary School shooting a hoax. In an “emergency” motion filed Sunday …

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US banks sell assets at an unprecedented rate due to commercial real estate crisis and bad loans

https://www.youtube.com/watch?v=WERFY50cJt4 The financial situation in the United States is experiencing a significant change as major banks are selling off assets at an unprecedented rate. This move is caused by the imminent commercial real estate crisis, bad loans, and high interest rates. This situation is not just a financial maneuver but …

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Alex Jones keeps broadcasting on Infowars; only personal assets sold, appeals to Supreme Court likely.

BREAKING – US court allows liquidation of AJ’s assets BREAKING – US court allows liquidation of Alex Jones' assets: media — Insider Paper (@TheInsiderPaper) June 14, 2024 HOUSTON (AP) – A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones ′ personal assets and was still deciding on …

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The Problem Bank List grew to 63 banks with $82.1 billion in assets, FDIC reports.

According to the Federal Deposit Insurance Corporation (FDIC), the number of banks on the Problem Bank List increased from 52 in the fourth quarter of 2023 to 63 in the first quarter of 2024. These problem banks represent 1.4 percent of total banks, which falls within the normal range for non-crisis periods (typically one to …

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Kevin Spacey house foreclosure. says he has no money.

Kevin Spacey breaks down in tears, revealing that his property is facing foreclosure. His house will be sold and auctioned. Kevin Spacey has no idea where he will live now and admits that he has no money. Kevin Spacey visited Africa with Jeffrey Epstein along with Chris Tucker… pic.twitter.com/lGVJXUMTYA — …

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