Independent thinking for complex markets and current events
The American middle class is dying right before our eyes. In the past decade alone, middle-income earners lost more purchasing power than they did between 1970 and 1990. That’s all thanks to the rising cost of living in the United States, which pushed median home prices from $17,000 in the 70s to almost $450,000 today. …
by ChampionshipUsed9855 The probability of a recession in the next 12 months is 56.2%. This means that there is a more than 50% chance that the economy will contract in the next year. The odds are highest in over 10 years, and this has been driven by concerns about trade policy and weakening global growth.
Think the Government will “protect you”? Think you can trust rating agencies and other groups designed for “consumer protection”? Give me a break… I sure hope you learned through COVID how the world really works, but if not I’ve got the latest example for you. Less than one month ago, on October 10, 2023, ratings …
🚨🚨🚨FLASH FLASH FLASH: Israeli War Funding Bill before Congress gives President Biden power to declare War on Iran!! Read part of the bill below!!! pic.twitter.com/dVtBINyxbl — US Homeland Security News (@defense_civil25) November 2, 2023 https://www.youtube.com/watch?v=MO9PPT71CwU AC
JUST IN – Anthony Fauci-run lab in U.S. state of Montana used tax payer money to experiment with coronavirus strain shipped in from China's Wuhan a year before Covid pandemic began, Daily Mail reports — Insider Paper (@TheInsiderPaper) October 31, 2023 https://twitter.com/_/status/1719481043491647666 h/t DOORBERT
Why do politicians insist on every problem in the world having to be funded by America? Americans can barely afford to pay their bills and buy groceries, our border is porous, crime is through the roof, and cities are falling apart. Why don't we focus on fixing our problems at… https://t.co/vV4wUSAiqT — Wall Street Mav …
by Chris Black More than 2 million people used to live in Gaza. This is a war crime like no other in history, except from the WW2 allied bombings of civilians in Germany and Japan. The Guardian: Newly released satellite images reveal how cities and towns in Gaza have been destroyed by almost three weeks of …
We live in a bizarro world. h/t John Dutton
Ali Jaafar, 63, and Yousef Jaafar, 29, were found guilty by a federal jury on Friday on several tax evasion and money laundering charges The Jaafars cashed in 14,000 winning lottery tickets over a roughly 10-year period, laundered more than $20 million in proceeds before lying on tax returns They used a scheme known as …
It seems like every time there is a yield curve inversion, it leads to a recession. I wonder if this is just a coincidence or if there is something more underlying this relationship. h/t naynancy
https://t.co/HbffucvXFm — Javier Milei (@JMilei) October 17, 2023 via APNEWS: A prosecutor launched a criminal case Friday against Argentina’s frontrunner in this month’s presidential elections, accusing Javier Milei of deliberately causing a drop in the Argentine currency when he encouraged citizens not to save in pesos. Milei denounced the move as political persecution, just days …
https://t.co/zmQWd4sGpu — Win Smart, CFA (@WinfieldSmart) October 16, 2023 It was also reported that sales of multi-tenant apartment buildings dropped 74%, reaching a new record since 2009. Read more: https://t.co/z4NqPdSVqo — unusual_whales (@unusual_whales) October 17, 2023 The housing market … 2023 pic.twitter.com/nJu7YiHVYu — Wall Street Mav (@WallStreetMav) October 17, 2023
Global central banks have been buying record amounts of gold as they seek to diversify reserves away from the dollar. “We expect central banks to continue their role as net purchasers of gold,” according to the head of gold strategy at State Street. The trend appears to be part of the broader de-dollarization drive, led …
We had a good rally on Friday, but in the intermediate term, we’ll probably see downward pressure on the stockmarket. Additionally, a jump in WTI oil to $86.29 due to the attack on Israel will definitely not help in the short term. Higher oil prices will translate to higher cost of goods and keep inflation …
Viral Norman Rockwell AI art reveals debauchery in Biden’s fallen America like you've never seen before… – Revolver News https://t.co/x4tlrtvEwR — Michael k. Harkins (@Michael05678821) October 8, 2023 View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com https://revolver.news/2023/10/viral-norman-rockwell-ai-art-reveals-debauchery-in-bidens-fallen-america-like-youve-never-seen-before/
Bond volatility has recently diverged from equity volatility. The only comparable time to this was just before the GFC. Bond volatility recently increased significantly; I wonder if the $VIX will finally catch up. pic.twitter.com/rU8F1jmANM — Swordfish (@Swordfishv44183) October 8, 2023 $SPY short interest is near historic lows. Have bears finally capitulated? pic.twitter.com/oBNs190hlO — Swordfish (@Swordfishv44183) …
Russia has announced it is withdrawing from nuclear test ban treaty Russia to Reverse Nuclear Test Ban Pact Ratification, Envoy Says Russia’s envoy to the Comprehensive Nuclear Test Ban Treaty Organization (CTBTO) said on Friday that Moscow will revoke its ratification of the pact, a move that Washington denounced as endangering “the global norm” against …
FTX staff wrote ‘oops’ on a spreadsheet which showed it owed $20billion five months before it collapsed. A court in New York heard that Sam Bankman-Fried, the boss of the failed crypto exchange, ordered his staff to prepare the document in July 2022 as investors demanded their money back. Crypto prices had tumbled and the …
Amazon faces allegations of using a secret algorithm to raise prices significantly for U.S. consumers, with reports of sharp price hikes both online and in physical stores, impacting products from groceries to streaming services, potentially leading to regulatory action and stock declines amid a tough year for the e-commerce giant. Are you ready for some …
All major buckets of jobs are showing declining growth. The labor market slowdown has been extremely slow, particularly through the cyclical sectors that have experienced labor hoarding issues. Interestingly, service sector jobs growth has cooled sharply in recent months. pic.twitter.com/ffcIIbzpUm — Eric Basmajian (@EPBResearch) October 4, 2023 How many name changes will they go through …
Michelle Obama enjoys a snorkeling session with a shirtless Tom Hanks and his wife Rita Wilson in Italy – before climbing aboard Steven Spielberg’s $250 MILLION superyacht Michelle, 59, was pictured taking a boat ride with Tom, Steven, and their wives They enjoyed a day of snorkeling before heading back to Steven’s lavish yacht She …
…Quite convenient, isn’t it? “The White House has said there is an “unprecedented” buildup of Serbian troops and armour along the Kosovo border and called on Belgrade to withdraw them immediately. The Nato peacekeeping force in Kosovo, Kfor, has been reinforced with British troops and the Biden administration said it was consulting with allies to …
But 15 hours ago "she" wrote this. pic.twitter.com/XxVrLh09Am — Sunchaser (@Sunchasegirl) September 29, 2023 When did Feinstein pass if she was voting on the senate floor on Sept. 28? Just shows the remote voting rule is a complete sham. pic.twitter.com/jo7DBlaA9i — Milenka~ (@MilenaAmit) September 29, 2023 IN 2018 worth 90 million so gotta be 120 …
1. The Pentagon bill, absent Ukraine aid, cleared the lower chamber in a 218-210 vote, with two Republicans – Reps. Tim Burchett (R-Tenn.) and Ken Buck (R-Colo.) – opposing it, and two Democrats – Reps. Jared Golden (D-Maine) and Marie Gluesenkamp Perez (D-Wa.) – joining Republicans to pass it. 2. A stand-alone bill providing $300 million in …
Guess what, the primes and their supplier base won't make this gap up – the military has to step in. This is what happens when you don't invest in the industrial base and incentivize innovation in manufacturing. https://t.co/Opc1gBjhnt — Aaron Slodov (@aphysicist) September 27, 2023 We have allies who know how to build ships! pic.twitter.com/FkF6lOoIXL …
US Media is desperately trying to bury this story as “Russian Disinformation” to protect Biden and the Obamunists, but it is gaining traction now in the western press. Some #Ukrainian journalists claim that former Ukrainian defence minister Aleksey Reznikov stole $1 billion before fleeing abroad.#UkraineWar #RussiaUkraineWar pic.twitter.com/FmlqhcWNey — Ghost Reporter (@_GhostReporter_) September 25, 2023 UKRAINE …
Former President Jimmy Carter and his wife, Rosalynn Carter, made a surprise appearance in their Georgia hometown on Saturday — having largely retreated from the spotlight amid health challenges. The Carters went to the Plains Peanut Festival in what seems to have been their first outing since the announcement seven months ago that Jimmy Carter …
via europeanconservative A school library in Mississauga, Ontario has made the move to remove all books from its shelves that were published before 2008, as part of a school board policy to ensure that books in school libraries are equitable and “inclusive.” Students at Erindale Secondary School were reportedly shocked to find shelves in the …
