Independent thinking for complex markets and current events
WASHINGTON — President Biden denied Wednesday that he interacted with his relatives’ foreign business associates — despite photos and other evidence of him doing so — as the House of Representatives prepares to vote on authorizing an impeachment inquiry. Biden denounced as “lies” reports that he met with son Hunter Biden and brother James Biden’s …
New Zealand is planning to scrap its flagship generational smoking ban in order to fund tax cuts – a move that experts warn will have adverse effects on public health. Last year, New Zealand became the first country in the world to ban smoking for the next generation. As per this policy, anyone born after …
🇺🇸 Cracks in the US labor market are beginning to appear as 6 of 7 employment-based #recession indicators have appeared. H/t: @hussmanjp pic.twitter.com/rgAgcMFI3G — Alex Joosten (@joosteninvestor) November 23, 2023 https://twitter.com/joosteninvestor/status/1727721023150129258/history
The commercial real estate meltdown is beginning to spread to different assets and markets… The next victim – Texas Multi-Family Here's a worrying snippet from The Real Deal this AM: "For the past few years, Texas multifamily was one of the hottest real estate investments in… pic.twitter.com/BcIcYJEDVu — Triple Net Investor (@TripleNetInvest) November 21, 2023 …
by Simon Black Public Law 93-373 was supposed to be so boring that Congress didn’t even bother to give it a name. You know how most laws passed by Congress have some fancy name– like the “Inflation Reduction Act” or the “USA PATRIOT Act” or some such nonsense? Well, on November 7, 1973, US Senator …
JUST IN – Netanyahu says "air strikes in Gaza are just the beginning" and what Israel will do next will "resonate for generations to come." — Disclose.tv (@disclosetv) October 9, 2023 What Israel will do will resonate for generations to come” warns Netanyahu. https://t.co/guYNC6sVQd — Visegrád 24 (@visegrad24) October 9, 2023
JUST IN – Poland to evacuate its nationals from Israel. — Disclose.tv (@disclosetv) October 8, 2023 BREAKING: Poland announces that it's starting to evacuate its citizens from Israel. The Polish Air Force will send 3 C-130H Hercules transport planes for the operation. Poland will also help evacuate other EU citizens, and foreigners who want to …
by DesmondMilesDant Caption: Zerohedge : https://twitter.com/zerohedge/status/… Caption: Full study by FDIC. https://www.fdic.gov/bank/historical/… The LDC debt crisis was a major event that occurred in the early 1980s. It began when Mexico’s minister of finance informed the Federal Reserve chairman, the secretary of the treasury, and the International Monetary Fund (IMF) managing director that Mexico would …
BREAKING Ally Bank, a major player in auto lending space, is beginning headcount reductions. Email below from its President of Dealer Services: pic.twitter.com/QnA8TsC5g5 — Car Dealership Guy (@GuyDealership) September 29, 2023
via discern.tv (Zero Hedge)—As Peter Schiff explained in his podcast, that’s a big problem when the entire economy is built on a foundation of cheap money. But most people in the mainstream don’t seem to grasp the gravity of the situation. They don’t realize that we are at the beginning of the end of this whole …
Even China’s 1.4 billion population can’t fill all its vacant homes, former official says Unsold, completed: ~7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres. That does not count: the numerous residential projects that have already been sold but not yet completed due to cash-flow problems or …
by confoundedinterest17 Thanks to Bidenomics, code for massive Federal spending on green energy initiatives and payoffs fo large donors, we have agonizing inflation and consumers are borrowing more and more to cope with inflation. And with the increased use of debt comes …. drumroll … delinquenices! Let’s start with mortgage loans, the overall delinquency rate …
So many economies around the world are in completely opposite situations. Some central banks are cutting rates, some are pausing, and others are hiking. The next few months are going to be really interesting. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 28, 2023 Eurozone credit growth …
Poland is filing a lawsuit against radical EU *Climate Policies*… Poland has described the EU climate policies as “madness and theories without evidence”… Poland opposes introducing a sales ban on new petrol and diesel vehicles from 2035… Emission Trading Scheme… EU Carbon… pic.twitter.com/XczPvcLuKt — Pelham (@Resist_05) August 27, 2023
The United States is at the beginning of a slowdown as the economy continues to face significant upside inflation risks and tighter credit conditions, according to new minutes from the July Federal Open Market Committee (FOMC) policy meeting. (Article cross-posted from our premium news partners at The Epoch Times) Although the economy has been expanding …
“Meta said in its earnings report that it expects operating losses in its Reality Labs unit ‘to increase meaningfully year-over-year due to our ongoing product development efforts in augmented reality/virtual reality and investments to further scale our ecosystem.’” https://www.cnbc.com/2023/07/26/metas-reality-labs-has-now-lost-more-than-21-billion.html
by RedditIsOwendByTheWS Say it with me: “Debt Spiral” Yep, this is what the black hole these wreckless morons have been yeeting money into looks like.
by not_a_beat_maker Digital euro, CBDC , … in 5 years we are all f*cked. Do you think the CBDC is good? Mark of the beast… Reject this with every tool you have. We need to put pressure on the politicians. They’ve already been bought so we are gonna need to get creative. There is a …
Source: wolfstreet h/t BoatSurfer600
Source: wolf street shit. the risk premium keeps widening up. mean revision will eventually occur — VISK (@KevinDu923534) June 29, 2023 h/t BoatSurfer600
https://twitter.com/Corruption_Ink/status/1668267970290696193?ref_src=twsrc%5Etfw
THIRTY San Francisco hotels could stop paying loan payments as city struggles with spiking crime, rampant homelessness and brazen drug use News of Park Hotels & Resorts’ plan to surrender ownership of two of San Francisco’s largest hotels is the beginning of what could potentially become a mass exodus of hotels from the city as …
RAY DALIO SAYS WE'RE AT BEGINNING OF LATE BIG-CYCLE DEBT CRISIS – on this we agree. And as usual, few know what, how or why. Which makes for amazing trades. pic.twitter.com/fJ6AL4SVwn — Michael Taylor (@Mike_Taylor1972) June 7, 2023 https://t.co/J8joLEILkG — Win Smart, CFA (@WinfieldSmart) June 8, 2023 “This bill unfortunately gives Biden a blank check” …
by Simian_Stacker lololololol pic.twitter.com/9eHXg1CN6v — KKGB (@INArteCarloDoss) June 6, 2023 Banks Cutting Losses on Distressed Office Loans Earlier this year, RXR dropped a bomb on New York commercial real estate. CEO Scott Rechler signaled that his firm might hand lenders back the keys of two office towers that he likened to film cameras in a …
by Chris Black There was never any chance at all of a default. That was just total nonsense, and media noise. The House of Representatives of the US Congress approved a bill to raise the debt ceiling. This will avoid default. President Joe #Biden addressed the Senate and called for the bill to be approved …
