Independent thinking for complex markets and current events
House This Week Passed $839 Billion Defense Bill Bursting With Pork https://t.co/Ah6BORN7vk — zerohedge (@zerohedge) January 25, 2026 Authored by Alan Mosley via AntiWar.com, The House of Representatives on Thursday approved an $838.7 billion fiscal 2026 defense spending bill, moving one of the largest appropriations measures in US history toward final passage in the Senate. …
IBM’s CEO said there is “no way” that the massive spending on AI and data centers will ever pay off. For the first time in this bubble cycle people are finally wondering if maybe he is right. It couldn’t have come at a more critical time in light of Oracle’s shocking results. And then Broadcom …
HYG and JNK have been weak for the last 2 weeks. There is stress in credit and financials have been weak. — Will O'Hara, CMT (@WillOHara131) October 11, 2025 Foreigners have not even started dumping UST. Japan has not even started raising rate to lower 12% inflation. You have seen nothing yet folks. This is …
by confoundedinterest17 Too much debt? The car market bubble is bursting! Subprime auto loan delinquency rates have now surpassed 5% for the first time in history. The 60-day delinquency rate for subprime auto loans has more than DOUBLED over the last 3 years. Delinquency rates are now ~1.5 percentage points above the 2008 Financial Crisis peak. At …
by Michael Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is not good news at all. Sadly, most of the country is just barely scraping by from month to month in …
Housing Bubble 2.0 is bursting, and the wipeout of Yellen Bux "wealth" is going to be epic byu/Boo_Randy_II inWallstreetsilver Foreclosures climb in this major city—and even the most elite ZIP codes aren’t spared New York City saw a double-digit increase in foreclosure rates this spring, with mortgage defaults affecting even some of Manhattan’s most prestigious …
It’s a desperate move. If their core business were solid, they wouldn’t need to hype it up by adding Bitcoin to make it more attractive. This is a sign of the AI bubble bursting. — Citizen Watch Report (@Citizenwatchrep) May 5, 2025 Nvidia, a leading technology company, is being speculated to consider a strategic allocation …
Wall Street wants sympathy because the music stopped. For years, they danced on a floor built from zero rates, fake growth, and free money. Now the lights are on, the floor’s buckling, and they’re blaming tariffs for the collapse. Tariffs didn’t create this mess. They just lit the match. The real structure was already rotting. …
$SPY people believe that the 2007 Great Financial Crash was a large surprise (below) But it was anything but a surprise. The moving averages were textbook. Clear tests of support, followed by a rejection from below twice and then Lehmans collapsed. What sometimes clouds… pic.twitter.com/2LaGy1a0z3 — The Long Investor (@TheLongInvest) April 2, 2025 Tech and …
ESG funds are hemorrhaging money, and it’s not a surprise. Investors pulled $20 billion from these funds in 2024 alone, following a similar trend last year. It’s clear that ESG investing is falling flat—despite all the hype. https://twitter.com/barrymhauch/status/1887202084438577301
I'm sure it's nothing pic.twitter.com/BJRqoQVFQb — Jim Bianco (@biancoresearch) January 7, 2025 A nice comparison here from @Stansberry showing just how ridiculous this recent rip higher in stocks is vs earnings Back in 1995-2000 the tech bubble ripped higher because earnings were ripping too This go around earnings aren’t even close to keeping pace with …
by ComputerTrashbag Inventory in almost all major areas is extremely high now. Bubble hotspots like Austin, Boise, Phoenix, Asheville, Jacksonville, Las Vegas etc etc haven’t seen much price reduction even though inventory has returned to pre pandemic levels. Inventory is sitting for months. Why? Because there is no active suffering. There is no current pain …
US stocks are priced for perfection in an “imperfect and dangerous” world, Jeremy Grantham said. Grantham’s worries include overseas wars and weakness, unaffordable housing, and climate damage. The top investor said AI could be bigger than the internet but the initial bubble would likely pop. Stocks are dangerously overvalued and poised to disappoint, the AI bubble is …
From Peter Reagan for Birch Gold Group If you were to do nothing but listen to President Biden and the corporate media prattle on about the economy, you might think things sound great! You would hear endless claims of “record economic growth” and quarter after quarter of “historic GDP.” But that’s the main problem with Bidenomics in the …
Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track …
They are saving the environment mind you… via dailymail: An electric bus has caught fire in London just days after two sparked panic in the capital after they also went up in flames. Videos posted on social media show flames engulfing a vehicle inside a bus garage in Putney yesterday. Firefighters from the London Fire …
Fastest Declining US Housing Markets (1-Year Drop): 1. Austin, TX: -11.6%2. Boise, ID: -8.6%3. New Orleans, LA: -8.0%4. Lake Charles, LA: -8.0%5. Phoenix, AZ: -7.0%6. Las Vegas, NV: -7.0%7. Provo, UT: -6.7%8. Reno, NV: -5.7%9. Chico, CA: -5.7%10. San Jose, CA: -5.5%… — The Kobeissi Letter (@KobeissiLetter) October 22, 2023 As mortgage rates hit 8% …
In August, China experienced its largest monthly capital outflow in nearly eight years. China had a capital outflow of $49 billion in August, the largest monthly outflow in almost 8 years 🚨 pic.twitter.com/h9dXDHxC8s — Barchart (@Barchart) October 22, 2023 https://twitter.com/NorthmanTrader/status/1716166335049114018 China’s Country Garden risks default after ‘missing bond payment’ The crisis in China’s property sector …
by David Haggith Photo by Micah Williams on Unsplash Wolf Richter is calling it a “bond bloodbath,” which he says is happening because delusions about the Fed’s fight with inflation are finally giving way. Reality struck home in the latest retail report that showed high increases in retail sales that were in good part due to high increases in …
In contrast to the national trend, metropolitan areas with a population exceeding one million that witnessed a decline in foreclosure starts in Q3 2023 included Salt Lake City, Utah (down 74 percent) and Chicago, Illinois (down 35 percent). Read more: https://t.co/vE4UkH0d3l — unusual_whales (@unusual_whales) October 17, 2023 https://twitter.com/MGuthner/status/1714822349998997567 h/t Simian_Stacker
LinkedIn cuts 668 jobs in second redundancy round as ‘tech wreck’ worsens Networking platform LinkedIn has just laid off nearly 700 people in a second redundancy round this year. Earlier on Tuesday, LinkedIn, which is owned by Microsoft, announced in a blog post that 668 staff across its engineering, talent and finance teams were getting …
Despite the recent market-rescue efforts, Chinese real estate is now seen as the number one source for the next global credit event among investors surveyed by Bank of America Corp. (Bloomberg) — A spurt of home sales in China’s biggest cities is losing momentum less than two weeks after authorities loosened mortgage restrictions, raising doubts …
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers will wish they had a map with more than one country on it. pic.twitter.com/90cy9Cz38j — …
The UK housing market sees weak activity caused by rising interest rates, pushing mortgage rates above 6 percent for home buyers and existing mortgagors looking to refinance. British house prices fell by the most since 2009 in the 12 months to July, according to mortgage lender Nationwide, as the drag from rising interest rates on …
‘Clients are taking £20,000 off the asking price’: How the house price slump is causing misery for sellers Homeowners are having to knock as much as £20,000 off their asking price in an effort to find a buyer, housing insiders have revealed. Figures published by Halifax on Friday showed there has been a 2.6 per …
How much of the recent surge of “housing recovery” this Spring was driven by people who didn’t believe the Fed when it said, “higher for longer?” How many people paid top dollar and took an unaffordable monthly payment believing they could hold out and refinance lower soon? https://t.co/wSDYjGM8JE — Amy Nixon (@texasrunnerDFW) July 6, 2023 …
by BoatSurfer600 via YAHOO: (Bloomberg) — Sweden’s beleaguered property sector suffered another blow when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service. Stockholm-based FastPartner AB saw its rating cut one step to Ba1 with the possibility for further downgrades to come if the company cannot …
"Coming Back To Earth": UK House Prices Book First Annual Drop Since 2012 https://t.co/IFHbSaM10x — zerohedge (@zerohedge) June 8, 2023 UK house prices recorded their first annual contraction in May, attributed to affordability crisis. Lender Halifax published a new report showing UK house prices recorded their first annual contraction in May in over a decade. The decline …
