Independent thinking for complex markets and current events
Crytpo saw its biggest liquidations in history Friday when Trade Wars 2.2 flared up. Commodities were also pounded, bonds bigtime bid, even stocks sent significantly lower. Tariffs aren’t really the issue here, either, as a confluence of negatives have been sapping sentiment for the past few weeks. The stock market looks stronger than ever — …
OPEC this past weekend agreed to raise production into a falling market, putting it on the edge of confirming a major worldwide downturn. This is why, despite the crude cartel not increasing supply as much as feared, oil prices didn’t really react. There are far greater problems plaguing the energy markets, including tightening dollar conditions …
The economy is sneaking toward a second run at recession, even as GDP appears to be lingering positive. The monster never really left. It just hid behind tariff front-running. by David Haggith At the start of the year, I was calling it a “stealth recession.” News today is that 22 states are fully in recession. …
Like Amazon, now Walmart and Target are holding similar “fall” savings events promising to offer big savings. All three of them know the consumer economy is in deep trouble, thus the overemphasis on savings. But it’s not just what these retailers are doing for customers, it’s what they aren’t doing for workers. According to a …
You WILL OWN NOTHING, and BE HAPPY. https://www.youtube.com/watch?v=tf20qYPoXtE
https://www.complex.com/sports/a/joshua-espinoza/lebron-james-jokes-hes-broke-net-worth-way-less-than-reported-1-2-billion LeBron James came through with an often-repeated but important PSA: Don’t believe everything you read on the internet. The three-time All-Star MVP dropped the reminder during a recent appearance on Complex’s 360 With Speedy, where he set the record straight on his financial status. “You’ve been getting money for a long time,” host Speedy …
Millions of families barely holding on while the system pretends everything is fine. Everybody is broke pic.twitter.com/lcsv6CXQvF — 🏴☠️ (@calvinfroedge) September 10, 2025 ⚠️THERE WE GO: The US economy has now more unemployed people than job openings for the first time since April 2021. Job openings fell -176,000 in July, to 7.12 million, the 2nd-lowest …
The Fed is about to cut rates while everything else hits all-time highs. Stocks, homes, rents, bitcoin, gold, household wealth — all at records. Unemployment sits at 4.2%. Inflation stays high. J.P. Morgan expects four rate cuts to bring the policy rate to 3.5%. https://money.usnews.com/investing/news/articles/2025-08-08/j-p-morgan-sees-fed-cutting-rates-at-each-of-its-next-four-meetings But Americans are struggling. Fast food sales dropped hard last …
Nvidia has officially become the first publicly traded company to reach a $4 trillion market capitalization. The milestone was crossed on July 9 after shares rose 2.5% to close above $164. The company now sits ahead of Microsoft and Apple, both of which previously topped $3 trillion. Nvidia’s valuation has grown more than fifteenfold in …
by Michael What in the world just happened to the job market? The unexpectedly bad numbers that have just come in have truly been a shock to many of us. Yes, we knew that conditions were getting worse during the early stages of this year. In fact, the Federal Reserve Bank of New York has …
The numbers are not adding up. In April 2025, the family of 17-year-old Karmelo Anthony raised over $500,000 through a GiveSendGo campaign. The stated purpose was legal defense. Two months later, they are asking for $1.4 million more. The new goal is posted. The explanation is vague. The court filings tell a different story. Karmelo …
They tell you America’s broke. That we can’t afford healthcare, can’t fix the schools, can’t house the homeless, can’t pay decent wages. Every election cycle, both parties argue about scraps like there’s nothing left. But the truth is, every year the American people hand the federal government over $4.9 trillion. That’s not loose change. That’s …
In this video a Financially Struggling 40 year old man expresses his frustration about how poor he and everybody he knows is. The cost of living is becoming so high that even those who are working full time are barely scraping by. He also talks about how it is only going to get harder for …
China is facing an unprecedented financial catastrophe that could reshape the global economy forever. From empty government offices where civil servants haven’t been paid in months, to elderly investors crying in the streets after losing their life savings, the signs are everywhere. China’s total debt has exploded to well over $50 trillion – that’s more …
🇺🇸 US savings rate 3.9% In Global Financial Crisis and Great Depression territory! Chart: @AugurInfinity pic.twitter.com/RehJc1YLSR — Alex Joosten (@joosteninvestor) May 4, 2025 Time it’d take them to run out of cash if they spent $1 million a day: Berkshire Hathaway: 951 years Apple: 364 years Alphabet: 261 years Amazon: 259 years Microsoft: 218 years …
Americans are so fucking broke I don't even know where to fucking start pic.twitter.com/6YW4fe2zpm — Darth Powell (@VladTheInflator) April 27, 2025 How much it cost to have a baby in America (Tennessee) – Ultrasound “cost us $2,067.85”– Hospital stay observation room $413.65– The recovery room cost us $2,702.45– “A hospital stay, I don't know how …
The housing market bubble is now popping. h/t Boo_Randy_II[
Since people are asking: Here's the IG link. It's real.https://t.co/whSxX40wME — 𝐍𝐢𝐨𝐡 𝐁𝐞𝐫𝐠 🇮🇷 ✡︎ (@NiohBerg) April 6, 2025
Why do Boomers own everything? By their 30’s Boomers owned 20% of national wealth. For Gen X it was 8.5%. For Millennials it’s not even 3%. The Federal government — and the Federal Reserve — broke the young. pic.twitter.com/hQuhhQyVy8 — Peter St Onge, Ph.D. (@profstonge) March 28, 2025 The Federal Reserve still holds 2.2 TRILLION …
It’s hard to ignore the mounting pressure as bond yields rise. Nations already drowning in debt face the harsh reality of even higher borrowing costs, pushing them closer to the brink. This isn’t a minor shift; it signals a major financial storm that looms on the horizon. Just look at the 10-year and 30-year Treasury …
Hunter Biden is claiming he is too broke to continue a legal battle he launched against his nemesis, ex Trump White House staffer Garrett Ziegler, blaming the Palisades Fire that destroyed his home. The claim, made by Hunter’s lawyer in a letter to Ziegler’s attorney this week, indicates the former First Son is out of …
We need to build a Democratic Party that is authentic, relatable, earns people's trust, and wins again––and that stops apologizing for being who we are. — David Hogg 🟧 (@davidhogg111) February 2, 2025 AC
Nearly two thirds of Gen Z adults admit they lack basic cooking skills – with around 61 per cent of those surveyed saying they do not know how to cook an omelette. A study by dating app FindingTheOne has revealed that young adults aged between 18 and 28 prefer eating at a restaurant or takeaway …
A nurse has gone public with her financial struggles, breaking down while admitting she’s “broke” despite earning a six-figure salary. Her story sheds light on the growing economic hardships facing nurses, who remain burdened by unmanageable debt despite their critical roles. Her debt includes significant student loans, a common issue among healthcare workers. Many nursing …
