Independent thinking for complex markets and current events
Source with further context I was curious if the same thing happened in the US, I looked up the data and here’s what I found: Since 2012 US business starts have jumped dramatically and it has remained pretty consistent, it’s below its COVID highs but still substantially above the 2012 figures. Quarterly number of business …
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago. A network of eight banks held $109 million in deposits for Yotta customers as of April 11, according to Evolve Bank & Trust, which filed a bankruptcy court letter. However, …
This is a developing story from Valley View, Texas, where a large, violent tornado has caused widespread devastation along Interstate 35. Emergency crews have declared a mass casualty event at a Shell truck stop gas station, reporting that up to 150 people are trapped inside with a collapsed roof. The tornado’s impact has led to …
The S&P 500 is near an ATH while the S&P 500 Earnings Yield has collapsed and is at 2008 levels and still moving lower. 👇🏼 But please, tell me how all this is bullish. pic.twitter.com/PCS1zak6lz — Kalani o Māui (@MauiBoyMacro) May 20, 2024 Nvidia earnings will be the apex of a global super crash. Nvidia …
via Zerohedge: Total money-market fund assets plunged by $112BN in the last week as Tax-Day demands took the total assets below $6 Trillion for the first time sine January (to $5.97 Trillion)… Source: Bloomberg Corporate taxes collected from April 11 through April 17 totaled $100.7 billion, Treasury data show. While Tax-Day’s impact matters obviously, we note …
by confoundedinterest17 Come feel the noise! After steady growth in 1-unit housing starts under Trump, housing starts have been eratic under Biden despite the foreign invasion force of millions … of low wage workers. The roller-coaster ride in housing permits, starts, and completions in the last few months is set to continue today… and ‘surprise’ they …
🚨#UPDATE: More video is emerging from Hualien Liyu Lake in Taiwan, shows violent shaking as live webcams capture the moment when the 7.5 magnitude earthquake strikes, followed by aftershocks measuring 7.4 and 6.5. pic.twitter.com/fmV8RFfpWh — R A W S A L E R T S (@rawsalerts) April 3, 2024 UPDATE: ⚠️ Taiwan responds with FORCE …
Last week, the Wall Street Journal published new details of the failed Ukraine peace talk held in Istanbul in the spring of 2022. The story resembles some kind of off-the-wall pro-Kiev propaganda along the lines of ‘look how Moscow tried to subjugate them, it’s no wonder the Ukrainians refused.’ Today, we’ll try to reconstruct the …
Local Ford Dealership has 85 New F150 Trucks. 1 is a 2024, 84 are 2023 Click the link, then click “year” on left side of page. https://www.fordofportrichey.com/new-vehicles/?q=f150&_dFR[type][0]=New The 1st listed is MSRP of $95,911 with a discount of $11,091 for a list price of $84,820. But then in the fine print the dealership adds on …
Dealerships Just Collapsed and Dealer Lots are PACKED With $100,000 TRUCKS they CAN’T SELL. Ford, Chevy, RAM and Toyota can’t sell overpriced pickup trucks. Ford truck sales have plummeted. RAM truck sales numbers are at their lowest for the quarter in over 6 years, and Chevy is so desperate to sell their trucks that one …
Price dropped from $84,500 to 18,000 / metric ton in the last year. And the courts have just ruled that Ford was illegally forcing its dealers to sell E cars. People aren’t buying them, and nobody wants to sell them. h/t JustmeTX
Note the denial, meaning there is a problem…. 🤔🤔🤔 ZURICH, Nov 22 (Reuters) – UBS is one of the world’s safest large institutions, the Swiss bank's CEO said while speaking at a Swiss Risk Association event on Wednesday."Even in the unlikely event of something going wrong at UBS, we have enough cushion before even… pic.twitter.com/XflhUoPQlX …
Job openings is a reliable leading indicator for the unemployment rate Job openings have collapsed Indicating that the unemployment rate is likely to increase pic.twitter.com/dH0bsSsCzy — Bravos Research (@bravosresearch) October 29, 2023
BREAKING | The Ministry of Health in Gaza: The health system in the hospitals of the #Gaza Strip has completely collapsed. pic.twitter.com/aSU1DRuuFR — Quds News Network (@QudsNen) October 24, 2023 The injured civilians in Gaza are being operated on without anaesthetic. They are dying from their wounds slowly and in agony because there is no …
SAN FRANCISCO — Campbell Brown, Facebook’s top news executive, left the company this month. Twitter, now known as X, removed headlines from the platform days later. The head of Instagram’s Threads app, an X competitor, reiterated that his social network would not amplify news. Even Google — the strongest partner to news organizations over the …
FTX staff wrote ‘oops’ on a spreadsheet which showed it owed $20billion five months before it collapsed. A court in New York heard that Sam Bankman-Fried, the boss of the failed crypto exchange, ordered his staff to prepare the document in July 2022 as investors demanded their money back. Crypto prices had tumbled and the …
Despite the September ECB hike and warnings by President Lagarde that inflation is still much too high, the market has increasingly turned its focus to the economy, succumbing to the idea that the European economy may already have entered a recession. Nowhere better is that view being reflected in the euro, which has given up …
Prior to 2020, just ~4% of all outstanding mortgages had an interest rate below 3%. Now, a massive ~23% of all outstanding mortgages have an interest rate below 3%. The share of borrowers that have an interest rate of 4% to 5% fell from 40% to 20%. Meanwhile, just 9% of all… pic.twitter.com/820WdhZgDu — The …
by confoundedinterest17 Maui Joe Biden received a lot of help from his friends at The Federal Reserve! Thanks to the crippling effects of Bidenomics (Fed easing then tightening to combat inflation caused by insane green spending and a war in Ukraine), US mortgage rates (conforming 30-year) has increased 159%. On the yield curve side, the …
by Michael Should we be surprised that we are witnessing so many failures all around us? After all, the mainstream media claims that the U.S. economy is doing just great. Of course the truth is that the economy is not in good shape at all. Those in positions of power have been desperately trying to prop …
🚨3 celebrities collapsed in 3 days. I’ll say it again and again: This is NOT normal!🚨 pic.twitter.com/JQH6c90ZX8 — Robby Starbuck (@robbystarbuck) July 26, 2023
A large crane on a high-rise building caught fire and collapsed in Manhattan. Debris on the ground. Smoke in the air.pic.twitter.com/sFEGs92CTo — Citizen Free Press (@CitizenFreePres) July 26, 2023 BREAKING: CRANE COLLAPSES AFTER CATCHING FIRE, DAMAGES A BUILDING, DEBRIS FALLS ON GROUND IN MANHATTAN, NEW YORK CITYpic.twitter.com/FFjY49mGUk — Insider Paper (@TheInsiderPaper) July 26, 2023 .@FDNYAlerts …
Mark Rutte has been forced to resign as his party no longer has control and they can not rein in immigration. His VVD is the largest party in the Netherlands but recent polls predicted that if an election was called, it would tie with the Dutch farmers party. 🇳🇱 BREAKING: the Dutch government has COLLAPSED. …
We are digging into all of the data behind this new report. The unrealized losses seem to go well beyond just bond markets. Let us know if you'd like to see a Twitter thread explaining this situation in full detail. Follow us @KobeissiLetter for more as this develops. — The Kobeissi Letter (@KobeissiLetter) June 30, …
by BoatSurfer600 As these countries have negative foreign assets, their currencies continue to collapse Source: Sagar Singh
🚨#BREAKING: Train derails into Yellowstone River after bridge collapsed sparking fears of hazardous spills 📌#Laurel | #Montana Currently A large emergency response is underway after a freight train fell into the Yellowstone River near Laurel, Montana. The train was crossing… pic.twitter.com/4VWyC2lLOY — R A W S A L E R T S (@rawsalerts) June 24, …
by Dismal-Jellyfish Source: https://www.marketwatch.com/story/this-incredible-chart-shows-the-close-relationship-between-the-s-p-500-and-fed-liquidity-166542a7 Earnings, schmearnings. Is what really matters just liquidity? This incredible chart, from Apollo Global Management chief economist Torsten Slok, shows the close relationship between S&P 500 SPX, -0.37% performance and net Federal Reserve quantitative easing (QE) since the pandemic began. Here, Fed QE is defined as the Fed’s total assets minus the balance of the …
by Chris Black All lanes are closed along with a bunch of secondary roads to make way for construction crews and emergency vehicles. Our infrastructure definitely isn’t crumbling though, don’t worry about it. Send more money to Ukraine, Israel et al. In this video from @MarkFusetti, you can clearly see the I-95 overpass in Philly …
Remember in 2016 when Hillary collapsed had to be dragged like a slab of beef into a waiting black van? Here we are again. Corruption cripples your mind body and soul. pic.twitter.com/4qONIchV6a — Benny Johnson (@bennyjohnson) June 2, 2023 FBI to Bring Biden Crime Family Document to Capitol Hill https://t.co/uFDMqgchwx — Gain of Fauci (@DschlopesIsBack) …
Wall Street Investors have officially abandoned the Housing Market. With Redfin reporting a colossal 49% crash in investor purchases in Q1 2023. This is the biggest annual decline on record. Even bigger than the drop that occurred in 2005 right before the last crash. pic.twitter.com/9GyHqzHCKl — Nick Gerli (@nickgerli1) May 31, 2023 2) Higher interest …