Independent thinking for complex markets and current events
(Bloomberg) — The alarm from economists has been clear for months: Brace yourself. If he delivers on his campaign promises for an aggressive package of new US tariffs, they’ve warned, a re-elected Donald Trump will set the stage for a historic period of turmoil in the global economy. And yet there’s a reason CEOs, bankers, …
Global investment bank UBS published a report Monday highlighting the enduring value of gold as a hedge, despite a recent pivot among speculators toward equities following the U.S. presidential election. While the market appears optimistic, UBS cautions that policy uncertainty under the new administration remains high. Noting that a downtrend in the U.S. dollar and …
Microstrategy was the top performing stock in Y2K and it's the top performing stock now. pic.twitter.com/SnYBtJjWl4 — Mac10 (@SuburbanDrone) November 11, 2024 Perpetual buying at higher highs keeps the cattle interested. This doesn't end well. Books shall be written. https://t.co/8IKaeuKxb3 — The Great Martis (@great_martis) November 11, 2024 MicroStrategy’s $2 Billion Bitcoin Buy Is Largest …
Case in point is the $15 billion giveaway that Biden-Harris snuck through this summer without a single hearing, vote, or advance notice, in an attempt to buy seniors’ votes. Followed up by a campaign email to these same seniors on behalf of Kamala Harris, also paid for by taxpayers. Is any of this legal? Who …
🔥🔥ULTRA MAGA Crowd outside Madison Square Garden in NYC. 🔥🔥 Show this Post to Kamala’s Internal Polling “Instincts” 🤣😤😆 pic.twitter.com/VGRfOXJNIT — MAGA Man (@MAGAMan2A) October 27, 2024 INCITEMENT: Tye Democrats have turned Americans from every walk of life, every race, every creed into Nazis. Americans aren’t buying it MSNBC! pic.twitter.com/6nxhbwqz1N — @amuse (@amuse) October 28, …
by Moneymetals In a recent Money Metals podcast, host Mike Maharrey sat down with Jan Nieuwenhuijs, a recognized expert in global gold markets, to discuss his journey into the field and the dynamics of international gold trends, particularly in China. Here’s a summary of their conversation, which covers Nieuwenhuijs’ unique career path and his expert …
The Daily Gold, Released on 10/11/24 The miners had a strong week as GDXJ and SILJ gained 2% on the week and Silver lost 2% and Gold gained only $8/oz.
🤔 I'm not exactly sure what "incitement to cause violence" is defined as by definition of law- but I'm PRETTY SURE that James Carville is doing it RIGHT NOW.#ThesePeopleAreSick pic.twitter.com/ewavUQ8tSX — Just Sayin’ 🇺🇲 ✝️ ❤️ (@catmrow0) October 13, 2024 Long-time Democrat operative James Carville goes on an unhinged trip down a bizarre rabbit hole …
Russia will be buying its own palladium, platinum, silver and gold for the state fund. I didn't include silver in this table, but Russia had 1200 tonnes of Ag metal content mine production in 2023, nearly 5% of world production. pic.twitter.com/vWwxDtA6Ma — Tony Norfield (@StubbornFacts) September 30, 2024
by confoundedinterest17 The University of Michigan consumer survery is out and the results are startling. Under Biden/Harris, buying conditions are far worse than under Trump/Pence. In fact, buying conditions were extremely favorable (above 100) under Trump and dismal under Harris. Particularly for housing (where higher than normal mortgage rates and high housing prices made the …
We're winning the Woke Wars thanks to Elon… pic.twitter.com/nkobhK6rg8 — Thick Shelled Egg 🥚 (@ThickShelledEgg) September 26, 2024
Autographed weapons to kill 18-26 year old boys who don’t know what they are fighting for. The devil is real. — Patrick ✝️ (@pwells1010) September 23, 2024 https://twitter.com/RadioGenoa/status/1838540743771574313
CNBC:The wave of young people buying homes will be a tailwind for builders https://www.axios.com/2023/11/20/american-housing-market-older-homeowners-2023 h/t stockpreacher
(Bloomberg) — The sense of calm in the US stock market was disrupted Tuesday as the S&P 500 Index plunged more than 2% and the VIX exploded higher. That’s rewarded a late-Friday options buyer with some $12 million in paper gains. The spike in volatility came as the S&P 500 index was dragged down by …
JUSTI N: A record number of buyers backed out of purchase deals in July due to high costs and economic worries, per Redfin. — unusual_whales (@unusual_whales) August 30, 2024 Buyers’ Strike Deepens: Pending Home Sales Drop to Record Low Despite Surging Supply & Much Lower Mortgage Rates that Already Price in Massive Rate Cuts Pending …
Americans overwhelmingly desire all the traditional trappings of the American dream—owning a home, having a family, and looking forward to a comfortable retirement. But very few believe they can easily achieve it. A July Wall Street Journal/NORC poll of 1,502 U.S. adults shows a stark gap between people’s wishes and their expectations. The trend was …
Poland continue to prove they are based whilst the others know. pic.twitter.com/E2JHE9dPsQ — Concerned Citizen (@BGatesIsaPyscho) August 27, 2024 h/t MT Ballsack
In the San Francisco metropolitan area, the median home price was nearly twice as much as a 20-year rent — $1.2 million compared to $609,000. The Bay Area is one of the most expensive regions in the United States to rent. But it’s even more costly to buy a home — even in the long …
by confoundedinterest17 Harris has released her “vision” for the US economy, but it is what you would expect. $25k subsidy for first-time homebuyers which will make housing even MORE expensive. According the University of Michigan consumer survey, buying conditions for housing has already plummeted to 21, the lowest in history. Cause? Already high housing prices …
by RhinoInsight After sending out the Insider Report for June today, I noticed that Buffett has been steadily buying shares of Occidental Petroleum Corporation (OXY) for months, an US based company, specialized in the exploration and production of oil and gas. Just in June, he acquired shares worth nearly USD 500 million. This isn’t the first time he’s bought …
This MUST BE STOPPED New report shows Blackstone buying massive amounts of properties all over the United States and increasing rents 38% “A new report is shedding light — It found that one equity firm increased rent prices at nearly double the market rate.” “Blackstone, a a major player in the real estate market moving …
15 years after Bitcoin was created, there are still few legitimate use cases. Today, Bitcoin and other cryptocurrencies are primarily used for financial speculation and to facilitate organized crime. The broader crypto industry, meanwhile, has been rocked by scandals, including the spectacular implosion of FTX and criminal charges against Binance. But crypto lobbyists still have …
by confoundedinterest17 Cacklenomics strikes again! The University of Michigan consumer survey revealed that buying conditions for housing just hit an all-time low. High house prices and high mortgage rates aren’t helping. Purchase loan demand keeps dropping.
Translated: Boomers buying #Bitcoin ETFs into a price-bubble. https://t.co/CHjQ67ZSTZ — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) July 19, 2024
by confoundedinterest17 We’re going down! After May’s MoM deflationary impulse (thanks to a plunge in energy costs), June was expected to see a modest 0.1% rise (and we have seen energy prices starting to rise again). Sure enough, headline PPI printed HOT at +0.2% MoM (and May was revised higher), pushing the YoY print up …
https://twitter.com/Carnage4Life/status/1808686814741606665
🚨 I JUST OBTAINED DISTURBING FOOTAGE INSIDE A DIOR FACTORY ⚠️ WAY WORSE THAN YOU THINK ⚠️ SHARE THIS VIDEO QUICKLY BEFORE THEY TAKE IT DOWN: https://t.co/CPVF0ogMsR — Matt Wallace (@MattWallace888) July 3, 2024 The MASSIVE premium to Cost of Production is an example of the power of branding Anyone who understood the premium to …
Much of economic analysis is not waiting for one massive macro number to show up and confirm something with you already knew is happening. It’s piecing together a patchwork of little micro numbers that start adding up together. The economy dies by 1000 paper cuts, not some… https://t.co/3Sg20Ck2q5 — Uncle Milty’s Ghost (@his_eminence_j) July 2, …
A California-based millennial earning six figures says he’d need to triple his income to feel “rich.” High home prices, the costs of surrogacy, and student debt have made his income feel insufficient. He shared why he’s hesitant to leave Santa Monica despite its expensive housing market. If Christopher Stroup’s only priority was maximizing his savings, he might not …