Inflation ripping higher while real spending collapses is the exact combination that breaks markets and no amount of AI fairy dust changes that math. SPY has just officially topped?

Keep acting like the consumer is still strong and spending like nothing’s changed… and yeah, it’s going to look fine until it suddenly isn’t. Inflation still hot and people already stretched, that’s the kind of setup where things can roll over, but timing is always the tricky part. U.S. inflation picture is the worst in …

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Israel has launched America into the Third World War;Trump inherited the war with Russia in Ukraine. He could not end it because the combination of the Israel Lobby and the US military/security complex is too powerful for an American president.

via Paul Craig Roberts Below is an interesting article by Alexander Dugin  He says Trump who seemed to accept a multipolar world has gone over to the neoconservatives and become a defender of American unipolar hegemony: “The Third World War has been initiated by the United States in the context of preserving, strengthening, and ultimately consolidating …

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The combination of the Fed’s rate cuts and a drop in RRP usage could set the stage for liquidity strains, potentially leading to another repo crisis similar to what happened in 2019.

As expected, RRPs are down again, now below $100 billion as Fed's rate cut has reduced incentive to park liquidity at this facility; we'll be seeing repurchase agreements ramping up in the New Year and then the '19 repo crisis may repeat: https://t.co/lboowxcZmU pic.twitter.com/8S4dLXHCjb — E.J. Antoni, Ph.D. (@RealEJAntoni) December 20, 2024

San Francisco: Mayor Breed Orders Belt-Tightening as City Budget Implodes – combination of rising expenses and diminishing revenue sent the city’s estimated deficit to $728 million

by DJDevine These are the consequences of decriminalizing drugs, apathy towards the homeless, sky high taxes, and ridiculous policies. In other words, this is the result of voting unchecked for what feels good instead of what IS good for your community. Thank to that and essentially outlawing conservatism of any kind, this is the result …

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