Consumer confidence crashes below 2008 crisis lows, stocks cling to record highs despite bleak sentiment

2/ The S&P 500 just broke above its 200-day moving average – one of the market’s most important resistance levels Investors are celebrating a temporary trade deal between the US and China, hoping it leads to a broader agreement But consumer sentiment is telling a different… pic.twitter.com/VEzmH0Wuyy — Bravos Research …

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Last week’s trade data shows incredibly bleak picture for the US economy: 49% drop in global container bookings, 30% drop in exports

Last week’s trade data shows an incredibly bleak picture for the economy: – 49% drop in global container bookings – 64% drop in U.S. imports. – 30% drop in U.S. exports. The data from March 24-31, 2025, compared to the subsequent week (April 1-8, 2025), shows a dramatic decrease in …

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Bitcoin prices may drop $20,000 as global money supply declines. Below $96,700 for 72+ hours signals imminent decline, future looks bleak.

Bitcoin Keeping it simple Below 96700 for more than 72 hours and its lights out. Either way, its lights out in the not to distant future. pic.twitter.com/COraOh44fL — The Great Martis (@great_martis) December 21, 2024 will be zero soon https://t.co/1tVncx2mhD — Martin Shkreli (@MartinShkreli) December 21, 2024 Who farted? Guess …

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US Intel Report Paints Bleak Picture of China’s Economy

“During the next few years, China’s economy will slow because of structural barriers and Beijing’s unwillingness to take aggressive stimulus measures to boost economic growth,” read the Office of the Director of National Intelligence’s (ODNI) annual worldwide threat report released Monday. Instead of roaring back after the end of its …

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Fiscal Inferno! Banks Draw On Term Funding Program (BTFP) As Consumer Sentiment Remains Bleak (Newsom Defaults On $20 BILLION Federal Loan)

by confoundedinterest17 Both the US Federal government and California’s government are facing a fiscal inferno. Thanks to a softening economy and inane fiscal policies. At the macro level, we see that The Federal government has gone wild spending money and borrowing it. Much more than businesses and households. Biden’s wild spending reduces …

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Bleak Outlook for US Banking Sector in 2023: Layoffs Surge, Stocks Hit Record Lows, and Commercial Real Estate Crisis Looms

In 2023, major financial institutions such as Citigroup, Goldman Sachs, Farmers Insurance, Robinhood, Charles Schwab, Wells Fargo, Ally Financial, Morgan Stanley, Bank of Nova Scotia, and RBC have collectively announced layoffs, totaling more than 20,000 employees according to Forbes. These layoff announcements contribute to the ongoing struggles in the US …

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