Independent thinking for complex markets and current events
https://www.youtube.com/watch?v=aRUEJcosvC8 Phase two of the housing bubble burst is officially here. A major reversal has started as sellers continue to slash prices amid rising mortgage rates. A wave of price cuts is about to change everything in the market, especially with inventory levels increasing while demand is falling off a cliff. This is the turning …
https://www.youtube.com/watch?v=wvS8Hj5P3Dc Bank executives are warning about unprecedented risks in the financial system. According to JPMorgan Chase CEO Jamie Dimon, banks are bracing for worst-case scenarios as higher interest rates elevate the risk of failures and losses in the months ahead. Americans should pay very close attention to what happens next because the turbulence will affect …
pic.twitter.com/i4UgrbxVP3 — Daniel Nita 🇷🇴 (@realdanielnita) October 16, 2023
Incredibly, ultra long-duration Treasury bonds have now lost more in % terms than stocks did during Great Financial Crisis. The drawdown in extended duration Treasury ETF (🔻58.3%) now exceeds PEAK-TO-TROUGH losses in S&P 500 during stock market crash of 2007 – 2009 (🔻56.0%) pic.twitter.com/nlXZH5xOUY — Jack Farley (@JackFarley96) October 2, 2023 Ok, think of it …
Do you agree?🇺🇦 pic.twitter.com/rXuKEgmyaQ — Dr. Anastasia Maria Loupis (@DrLoupis) September 27, 2023 https://t.co/Y68NXCmPfU — Just Maggie (@maggiek65) September 27, 2023
A total bloodbath in Treasury notes, bonds, and mortgage-back securities again: Here is a reminder that these instruments account for over 80% of the Federal Reserve's balance sheet. If they were to be reevaluated using a mark-to-market methodology, the Fed's assets could be… pic.twitter.com/x0YNQez2iJ — Otavio (Tavi) Costa (@TaviCosta) September 25, 2023 That doesn’t change …
by Chris Black The idea of a “free media” is pretty much dead. The biggest problem is that right-wing media is simply banned, at a time when these left-wing groups are consolidating all control of media, with fewer and fewer people even having any input at all on what is said in the media. The …
by LakesideDreaming I just heard a YTer now facing criminal charges received like 80 grand in PPP loans? Um, how? It’s not even a real job or business. How does someone whose already probably in a very high income bracket, get a free $80 grand from Uncle Joe? Well here’s more evidence of a mass …
by Ok_Sea_6214 I made this in the context of Dollars versus QE. Which directly impact the value of silver of course, but I’m not quite sure what will happen to precious metals when CBDCs hit. My suspicion is that just as in the 1930’s, they’ll ban private ownership of PM’s, and then put in price controls …
Elise Stefanik on the Biden impeachment inquiry: "This will uncover the biggest political corruption scandal in our nation’s history." pic.twitter.com/8kO9vCU6w2 — Citizen Free Press (@CitizenFreePres) September 13, 2023 https://twitter.com/JoeyMannarinoUS/status/1701989583469035730
The big question is, who will buy our US Treasury debt in the coming years? When does the US economy break due to hire rates? 🔊… sound on Japan, China and Saudi Arabia are all selling. The Social Security and Medicare trust funds are all selling their US Treasury debt… https://t.co/d1ne3M2uWR — Wall Street Mav …
British Columbia and Ontario premiers beg for the Bank of Canada not to raise rates. Ontario Premier Doug Ford is asking the Bank of Canada to stop hiking interest rates, saying Ontario families and businesses are struggling to get by and can’t afford another increase. The bank has raised rates 10 times since March 2022 in …
by Western_Giraffe9517 They reached their peak , then the bubble burst. The Dutch East India Company – Tulip mania bubble – 1637 Mississippi company – The Mississippi bubble – 1718 – 1720 South sea company – The south sea bubble – 1720
https://www.wsj.com/world/europe/germany-is-losing-its-mojo-finding-it-again-wont-be-easy-c4b46761 Germany Is Losing Its Mojo. Finding It Again Won’t Be Easy. BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Times changed. Germany didn’t keep up. Now Europe’s biggest economy has to reinvent itself again. But its fractured political class is struggling to find answers …
“A former Olympic swimmer for Team GB has died ‘suddenly’ at the age of 43. Helen Smart was a world level competitive swimmer and backstroke specialist who won a bronze medal at the 1998 Commonwealth Games in Kuala Lumpur and silver medals at the World and European Championships. After representing Great Britain at the Sydney Olympic Games …
Dalbir Bala, who lives in the Winnipeg area, bought a Ford F150 Lightning EV in January for $115,000, plus tax. He told FOX Business he needed the vehicle for his work, but also wanted something suitable for recreational activities such as driving to his cabin or going fishing. He also wanted an environmentally friendly vehicle …
The Federal Reserve has just reported the largest year over year rise in history of the velocity of the M2 money supply with a 10.6% increase from one year ago. Photo credit: (FRED) The Velocity of Money is defined by the Federal Reserve as: …’the number of times one dollar is spent to buy goods …
Think your standard of living is not the same as it used to be? You’re right about that. Americans have lost over a third of their purchasing power in the past decade, and the biggest share of that loss happened in the past three years. For millions of retirees, and workers reaching retirement age in …
Today might have seen the biggest physics discovery of my lifetime. I don't think people fully grasp the implications of an ambient temperature / pressure superconductor. Here's how it could totally change our lives. — Alex Kaplan (@alexkaplan0) July 26, 2023 1. 100 billion kWh of electricity are wasted on transmission losses each year in …
by Dismal-Jellyfish https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics Source: https://www.finra.org/sites/default/files/2021-03/margin-statistics.xlsx Wut mean?: According to FINRA Rule 4521(d), FINRA member firms with customer margin accounts must report by the last business day of each month: Total debit balances in securities margin accounts. Total free credit balances in all cash and securities margin accounts. Debit Balances in Customers’ Securities Margin Accounts increased: …
via YAHOO: The National Council for Social Security Fund, which oversees about $417 billion according to the latest available figures, has advised asset managers that handle its money to sell some bonds including those from riskier LGFVs and private developers after a review, people familiar with the matter said, asking not to be identified discussing …
https://www.youtube.com/watch?v=RQJKDMYy9ZM A car market crash of epic proportions is already in motion, according to new data released by Manheim Market Insights and Cox Automotive. In June, car prices faced a record drop, marking the end of two years of hefty increases. Used vehicles saw the biggest monthly declines since the pandemic boom, while new cars …
@DavidSacks THE AMMO SHORTAGE @MarcBodnick asks a good question: “Can’t we make more ammunition? Is this really a crisis?” According to the AP, it will take the U.S. 5 years to ramp production of 155mm artillery ammo to 85k shells per month. This is up from 14k shells/month pre-war and 20k shells/month at current production …
Housing Bubble 2.0 is bursting, & the wipeout of fake “value” created by fake money is going to be epic. via dailymail.co.uk: House prices in Britain fell at the fastest annual rate in 12 years in June, latest figures show. Halifax said the annual fall of 2.6%, equating to around £7,500 being wiped off the …
Source: wolfstreet h/t BoatSurfer600
It bags a few questions. Why our military faces the biggest recruitment shortages in 50 years if it’s not for Wokeness and promoting people like Maj. Rachel Jones? pic.twitter.com/7yq5U5YXKM — I Meme Therefore I Am 🇺🇸 (@ImMeme0) July 2, 2023 Is letting men who identify as women to take showers with female soldiers even if …
Bloomberg: American States Once Awash In Cash See Their Fortunes Suddenly Reversed California is an extreme case of a state that relies heavily on its richest residents for its tax base. But it’s not alone: revenue in 16 other states is down this fiscal year through April, according to the Urban Institute, partly reflecting the …
Members of President Biden’s family may have accepted in excess of $40 million from foreign nationals in exchange for favorable policy decisions, House Oversight Committee Chairman James Comer suggested Wednesday. The Kentucky Republican said that his panel has identified “six specific policy decisions” where Biden, 80, took actions that indicate he may have been “compromised,” …
