Independent thinking for complex markets and current events
There has been a ceiling collapse at a Pizza Express restaurant in Salford Quays. Emergency services, including fire engines, ambulances, and police, responded to the incident around 3:45 PM today. Fortunately, there are no reports of injuries at this time. Diners at a Manchester restaurant narrowly avoided being seriously injured after the venue’s ceiling collapsed …
What’s going on with housing? Home sales plunge to a record low – record high prices in many parts of the nation, combined with steep mortgage rates have led to a standoff between buyers and sellers. How much is a home really worth if no one can buy it? Image via Haley Hamilton From Peter Reagan …
And they now have reduced commission laws that passed The National Association of Realtors (NAR) agreed to a settlement in July 2024 to reduce real estate commissions and change how commissions are paid: Reduced commissions: The settlement is expected to reduce real estate… — floridanow1 (@floridanow1) August 30, 2024 The collapse in the housing market …
Factors such as rising homeowners association (HOA) fees, increased insurance costs, and new safety regulations have led to notable price reductions in some areas12. For example, a condo in Saint Petersburg saw its price drop by 40%, from $1.2 million to $715,000. https://www.newsweek.com/florida-condo-prices-collapsing-due-hoa-fees-surge-real-estate-expert-1938329 https://www.redfin.com/news/florida-condo-prices-dropping/ https://greenbuildingelements.com/functionally-obsolete-new-report-finds-80-of-florida-condos-could-be-worthless/
A series of bizarre developments that have unfolded in Great Britain over the last few weeks suggest that its financial system came to the verge of collapse, probably as a consequence of Ukraine’s debt default. The last thing the people in power will tell us is the truth, but if we dig in dark places …
The iconic Burning Man festival is feared to be on its last legs, with demand for tickets at an all-time low just a week before the event begins. Fed-up revelers fled Nevada’s Black Rock Desert last year after torrential rain turned the event into a muddy mess – and now it seems the magic has …
https://www.youtube.com/watch?v=Tz0OouNvdi0 Recently, there has been a lot of talk in the financial world about big stock sell-offs by well-known investors, including Warren Buffett. Often called the “Oracle of Omaha” because of his exceptional investing skills, Buffett’s actions in the stock market are closely followed and considered as signs of wider economic trends. The news that …
How does it feel to be living on the edge of a bubble just before it bursts? Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they attempt to keep our failing economy propped up. The Federal Reserve has created trillions upon …
JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle https://t.co/Pj4ffqcMcR — The Daily Hodl (@TheDailyHodl) August 10, 2024 The agency is responding to complaints that the banks don’t do enough to stop illicit transfers and especially scams, which …
Americans can't afford kids. We are broke. Illegals are getting free medical, housing,snap benefits, and cash assistance. We get nothing but debt. pic.twitter.com/2vt6y2paHg — Sassafrass84 (@Sassafrass_84) August 8, 2024 This trend is driven by factors such as lower fertility rates, especially in countries like Japan, South Korea, and parts of Europe. The implications of this …
Not only did existing home sales continue to collapse with lower interest rates, they're now collapsing FASTER pic.twitter.com/qSIq8XSrTQ — Darth Powell (@VladTheInflator) August 7, 2024 US Mortgage Rates Tumble to 6.55% in Biggest Drop in Two Years
Well… This is certainly going to be must-see TV! Elon/Trump on 8/12 pic.twitter.com/xe1ETBtJkj — Charlie (@Cryptof3En) August 6, 2024 AMERICA LOVES THIS DUO!!🔥🔥 pic.twitter.com/G3tuJYNR4I — FAN TRUMP ARMY (@TRUMP_ARMY_) August 6, 2024 h/t Flying Elvii
"Recession Triggered" The Everything Bubble pops as jobs collapse and the dreaded Sahm Rule triggers. Japan's implosion is icing on the cake. Morgan and Citi are now predicting a full point of rate cuts in the next 2 meetings — that qualifies as panic in Central Banking.… pic.twitter.com/pPHTDXMDMz — Peter St Onge, Ph.D. (@profstonge) August …
Inflation-adjusted hourly compensation is down 5.2% since the final quarter of '20 and is unchanged from a year ago, despite an increase in productivity and higher nominal pay: pic.twitter.com/1goh8soIMQ — E.J. Antoni, Ph.D. (@RealEJAntoni) August 1, 2024 US CPI inflation set to collapse. The Q2 productivity and unit labour cost data are just out and …
Japan's population is collapsing. In the past year Japan lost nearly a million people as fertility falls to a record 1.2 children per woman. At that pace, if you start with 100 million people, after 3 generations you're down to just 20 million. The factors driving Japan's… pic.twitter.com/LrVA3AYvgY — Peter St Onge, Ph.D. (@profstonge) July …
By Brandon Smith In my article ‘Russia Is About To Overrun Ukraine’s Defenses – Why Are There No Peace Negotiations’ published in May, I outlined my reasons for predicting a near term collapse of Ukrainian front line defenses and a sweeping territory grab by Russian forces. Since the early months of the war my primary argument has …
https://twitter.com/GayBearRes/status/1817966316265087364 🚨Paychex small business jobs index fell slightly again for Jul and, while not a large drop, it's the first reading in contraction territory (albeit marginal) since covid; annual growth in weekly earnings came in at 2.87% – has the downturn in the labor market finally begun…? pic.twitter.com/T6IHpZeW1t — E.J. Antoni, Ph.D. (@RealEJAntoni) July 30, …
Tucker Carlson: “The Collapse of the Legacy Media Will Be One of the HAPPIEST Days of My Life” “Most of them know exactly what they're doing, and they deserve to be PUNISHED for it through unemployment.” “They're done.” Is legacy media the place to go for breaking news? No,… pic.twitter.com/wQflyW7r70 — The Vigilant Fox 🦊 …
by Michael How does it feel to be living on the edge of a bubble just before it bursts? Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they attempt to keep our failing economy propped up. The Federal Reserve has created …
The Chinese are now producing documentaries on the collapse of American cities. What this showcases is the grim aftermath of decades of deindustrialization, disastrous progressive policies, and an opioid crisis—ironically fueled by China. “Chinese are making documentaries about ultra-extreme poverty and decaying cities since they don’t exist in China anymore,” X user S.L. Kanthan wrote …
The Texas and Florida housing markets are beginning to crash. With inventory levels spiking and Zillow value estimates declining in these markets. 65% of consumers say this is a bad time to buy a home pic.twitter.com/iBxCnJg9ek — Piker Capital (@PikerCapital) July 17, 2024
This is much worse than everyone thought possible. Three major U.S. banks have gone bust last year, and another one collapsed just a couple of months ago. Though most people think these failures have set off the crisis that is unfolding right now, according to data from American Banker, this trend has started long ago. …
US government debt market collapse has started This has MASSIVE implications for the economy A thread 🧵 pic.twitter.com/woy4GFEsH6 — Bravos Research (@bravosresearch) July 9, 2024 3/ Treasury bonds, typically 40% of an investor's portfolio, have led to significant losses due to their sharp decline — Bravos Research (@bravosresearch) July 9, 2024 5/ Constantly rising government …
“I do remember how George Soros published his plan, ‘The Project Syndicate Publication’…”-Viktor Orban explains the Soros-Cloward-Piven Strategy which is meant to collapse Countries with Unlimited Immigration.pic.twitter.com/3ie0ew3805 — Liz Churchill (@liz_churchill10) July 9, 2024 https://twitter.com/SandraWeeden/status/1810628838893752779
View post on imgur.com Trump Campaign Statement on the Total Collapse of the Democrat Party “Every Democrat who is calling on Crooked Joe Biden to quit was once a supporter of Biden and his failed policies that lead to extreme inflation, an open border, and chaos at home and abroad. Make no mistake that Democrats, …
U.S. economy will be destroyed if countries stop trading in the dollar. Inflation will become uncontrollable, and the dollar’s value will plummet. BRICS nations plan to move off the dollar, potentially using their own or a new agreed-upon currency. Greene blames U.S. foreign policy for this impending crisis. Steve Bannon adds that Saudi Arabia is …
The Japanese yen has been experiencing significant weakness against the U.S. dollar. Recently, it reached a 38-year low of 161 yen against the dollar. This decline has raised concerns, prompting Japanese authorities to consider intervention in currency markets to stabilize the yen. The reasons behind this slide include signals from the U.S. Federal Reserve about maintaining elevated interest rates …
by Antonius Aquinas The tensions between the West and Russia over the Ukraine have escalated over the past few months with an almost daily occurrence of provocations and belligerent talk mostly from members of NATO. In response, Russia sent a naval contingent to the Caribbean in a show of force. Some of the Western provocations …
Caught on camera: A house teetering on the edge of the Blue Earth River near the Rapidan Dam collapsed into the river Tuesday night. pic.twitter.com/noqb3uIs4D — AccuWeather (@accuweather) June 26, 2024 The Rapidan Dam in Minnesota experienced a partial failure, resulting in the Hruska family house collapsing into the Blue Earth River on Tuesday night. …
