A hub for independent voices and signals
Between prices rising faster than earnings and now higher interest rates drastically pushing up borrowing costs, the typical American family has gotten crushed financially – it's the equivalent of knocking about $7,800 off their annual income, compared to Jan '21: …
Many are upside-down on their mortgage. More will walk away from their mortgage. When is all said and done, this will end up impacting anyone who bought a house as far back as 2015. pic.twitter.com/9AvPxKxGwA — Dale (@Dale83041803) June 7, …
Spot gold (XAUUSD:CUR) fell 1.5% on Friday following reports that the People’s Bank of China paused their purchases in May after 18 months of continuous buying, while silver shed more than 2% even as the U.S. dollar weakened. Bullion held …
by BLOWED UP REAL GOOD I have noticed that retail sales for a lot of corporations are HORRIBLE these days. People are NOT spending money based in the results that I have seen from corporate sales data from a lot …
Credit unions are run under NCUA guidelines while banks are FDIC. NCUA has stricter standards and are not for profit. Sounds like someone is upset they cant get their fingers in the money train. “The Independent Community Bankers of America …
Can someone please explain why people were buying 10 year bonds „yielding“ negative 0,50% just few years ago? pic.twitter.com/yJJjILUylb — Michael A. Arouet (@MichaelAArouet) May 30, 2024 Nominal vs. Real Rates: When you see a bond yield, such as the …
by confoundedinterest17 I saw former President Obama criticizing former President Trump for not passing “transformative” changes. That is, Trump didn’t sign any Obama-like transformative changes (like Obamacare). Truimp did try to slow down the damage done by Obama and his …
With elevated home prices these days, buying a house can be a significant challenge. But for “Rich Dad Poor Dad” author Robert Kiyosaki, it’s a breeze. During an interview with personal finance YouTuber Sharan Hegde, Kiyosaki revealed a staggering fact …
by Striking-Type-4162 The Fed does currency swaps with a country like Japan. Japan gets dollars and the Fed gets yen. Japan takes those dollars we give them through the swap and buys U.S. Treasury bonds. The Fed then reverses the …
Small vs Large — a Big Valuation Gap: https://t.co/LfMLUBsesJ Small caps are about as cheap as they get vs large caps. All those stories and narratives about Large Growth are already in the price, and then some. Longer-term contrarian minded …
Most Americans are not aware of the multiple threats China is posing in America now. China is waging a different kind of war as shown in Unrestricted Warfare: China’s Master Plan to Destroy America. Fortunately, a growing number of Americans are waking …
China’s economy isn’t in a great place and its currency is floundering. The tumult is sending prices of gold, considered a safe-haven asset, skyrocketing. Spot gold prices have recently hit record highs — above $2,400 an ounce — thanks to …
Beware: private equity firms buying homes could spell America’s perpetual financial downfall. The looming specter of insurmountable debt threatens the dream of homeownership for countless young Americans, ushering in a bleak future. As distressing foreclosure sales like the one in …
Investors are feeling nervous, as shown by the Goldman Sachs Panic Index hitting a high. Despite this, macro hedge funds are still heavily invested in U.S. stocks. Additionally, money managers are increasing their gold holdings, indicating a desire for safety …
https://twitter.com/TheWakeninq/status/1773241084493086842
Hertz Global Holdings Inc. announced that its chief executive officer, Stephen Scherr, will step down from his position at the end of the month, according to a Friday press release. Earlier this year, the rental car company moved to trim …
The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of …
via moneymetals Net central bank gold buying exceeded 1,000 tons two straight years, and commodity analysts at ANZ Bank expect central bank gold demand to continue hot for at least the next six years. [Emerging market] central banks could purchase over 600 …
Late last year, U.S. Representative Nancy Pelosi reported a transaction to purchase call options in NVIDIA Corporation (NASDAQ:NVDA). After a massive rally in the stock this year related to breathtaking AI uptake and the company’s strong financial results, Pelosi is …
Black voter makes Joe Biden instantly regret FAILED pandering attempt after releasing bizarre video buying black voters… FRIED CHICKEN: “We’re really going to cast that ballot for someone other than a Democrat now!” Black voter makes Joe Biden instantly regret …
‘A $3,500 Chastity Belt:’ Apple Vision Pro Buyers Outraged Headset Doesn’t Support VR Porn The much-hyped Apple Vision Pro headset has arrived, but some early adopters are disappointed to find it doesn’t support immersive VR porn out of the box. …
Chery Industrial Expandable Prefab House 19ft x 20ft,Exquisitely Designed Modern Villa Prefab House for Live,Work: With homeownership being far out of reach for most millennials and Gen Zs due to inflated asking prices, astronomical interest rates and crushing student loan …
One of the largest online used car dealers in the country just closed, and this one is in our backyard. Houston-based Vroom, that took over Texas Direct Auto in 2015, is no longer selling cars. But, it’s not a clean …
The National Security Agency has secretly been buying Americans’ internet records and using them for spying purposes without obtaining a warrant, a senior senator revealed Thursday. Sen. Ron Wyden, Oregon Democrat, said the practice had been a “legal gray area,” …
via independent: The EU’s imports of refined oil imports from India grew to record levels in 2023 at the same time as New Delhi’s imports of Russian crude oil more than doubled year on year. It means consumers in Europe …
The housing crisis intensifies as Wall Street-backed corporate landlord, Invitation Homes, acquires 264 homes in Las Vegas for $98 million. This mega-deal is part of a $650 million exchange, involving nearly 1,900 single-family rental homes between Starwood Capital and Invitation …
by DesmondMilesDant So basically when global CB’s raises rates to fight inflation the yields on bonds started going up. Now if the money was moving from stock market to bond market to chase higher yields then why didn’t the market …
via Yahoo: Jain told Reuters part of his electric vehicle’s suspension broke when he was driving with his family the day after he’d received delivery of the Model Y. He said the car had 115 miles on its odometer when …
In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, …
