Independent thinking for complex markets and current events
New: @LeaderMcConnell fell following Senate GOP lunch. Getting medical treatment — John Bresnahan (@bresreports) December 10, 2024 Concerns for outgoing Republican leader Mitch McConnell’s health are bubbling up again. Punchbowl News’s John Bresnahan just reported that McConnell fell after GOP senators ate lunch and is currently receiving medical treatment. Medical staff also reportedly came in …
Supervolcano Alert in Europe: Phlegraean Fields Activity Sparks Scientists’ Attention The Phlegraean Fields, or Campi Flegrei, are a large volcanic area near Naples, Italy, known for their geothermal activity and stunning scenery. What is believed to be a massive supervolcano, the Phlegraean Fields, which are among the world’s top eight emitters of volcanic carbon dioxide, …
Brand new Trump commercial aired all day today during NFL broadcasts. This is NOTHING like a normal political ad. This is one of the best we've ever seen.pic.twitter.com/7SXnQ4dogT — Citizen Free Press (@CitizenFreePres) October 27, 2024
If you think this all ends with a balanced budget, decreasing federal debt, and low inflation, you are not paying attention. pic.twitter.com/SYjXkw1i9G — James Lavish (@jameslavish) October 3, 2024 US banks made a $1 trillion from Federal Reserve’s 2.5 year era of high interest rates, an analysis of official data by the Financial Times has …
One thing I've learned in this business is to always pay attention to the messages the bond market is conveying. Each time we've observed the current level of rate cuts reflected in bond prices, a recession has followed. The steepening yield curve also points to a likely… pic.twitter.com/Yj6b6MHx6v — Otavio (Tavi) Costa (@TaviCosta) August 10, …
by Mike Shedlock Michigan has swung from blue to red and back to blue again at the state level. Nate Silver now has MI back in the blue national column. Looking ahead…. A fascinating vas well as accurate video shows how, and more importantly why, Michigan has swung back and forth between red and blue …
In a surprising twist, former Maryland Governor Larry Hogan has emerged as a frontrunner in the state’s Senate race, capturing widespread attention on the national stage. This development is striking, considering Maryland’s deep-blue political landscape, where Democratic dominance has long been the norm. Hogan’s unexpected surge in the polls is challenging conventional wisdom and prompting …
Rep. Adrian Smith became the latest House Republican to entertain federally funding the rebuilding of Baltimore’s Francis Scott Key Bridge, but he was not yet willing to commit to the idea. “I’m willing to take a look at that but there should also be some resources privately — that should be an option as well,” …
"Investors have piled into [Bitcoin] funds at a historic clip since their Jan. 11 launch, with total assets in the 10 U.S. spot bitcoin funds on the market swelling to nearly $50 billion."@jackpitcher20 pic.twitter.com/0FHGsqLYEU — Daily Chartbook (@dailychartbook) March 6, 2024 Bitcoin mania is back on the scene as investors rush into cryptocurrency funds at …
ATTENTION: Housing defaults have just hit the highest levels since 2013 This is now starting to look scary pic.twitter.com/IP2J3mCYHs — Bravos Research (@bravosresearch) February 18, 2024 Home prices just saw the largest year-over-year decline, dating back to 1964: https://t.co/kn2vAsyI15 — Reef Insights (@ReefInsights) February 20, 2024 Na pic.twitter.com/eBLQWa1HGM — Darth Powell (@VladTheInflator) February 20, 2024
BY CHARLES HUGH SMITH Speculation has its own expiration dynamics, and they don’t depend on us recognizing speculative excess for what it is. They will unravel the excesses regardless of what we think, hope or deny. The Federal Reserve has so completely normalized speculative excess that these extremes are no longer even recognized as extremes. Rather, …
View post on imgur.com View post on imgur.com View post on imgur.com This piece of graffiti that appeared in Kiev captures the essence of the moment. The U.S. is flooding Israel with material aid, which is accompanied by broad public support in America for Israel. Ukraine? It is rapidly becoming an afterthought. Zelensky and entourage …
From Peter Reagan at Birch Gold Group Americans planning for retirement already have a lot to contend with. Today, good news! This article might ease uncertainty a little when it comes future Social Security benefits. We’re going to discuss four factors to worry less about. And then one more we think deserves more attention than it gets. #1: Worry less …
via aier.org: In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland. “My capital will continue working in Norway,” wrote the fishing magnate turned industrialist who launched his empire four decades ago with a 69-foot trawler he bought while saving money working on …
