Independent thinking for complex markets and current events
by Chris Black Yemen is regarded by the elites as the best place to expand the war for Greater Israel. Israel is actually openly saying this now. The Houthis are not backing down, so this will mean, in theory, attacks inside of Yemen by Western forces. Then it becomes: “Okay, well – we need troops …
via DAVID JENSEN: On December 13, 2023 the Fed U-turned from a staunch inflation fighting policy stance two weeks prior to signaling that it was preparing for rate cuts. This raised the question of what could have changed in two weeks to cause such a reversal. If we look at key metrics such as M2 …
via Naturalnews: McDonald’s is going human-less in an effort to keep its top executives handsomely paid and its lower-level store employees, well, obsolete. In a recent press release, McDonald’s announced a new partnership with Google that will utilize the search engine giant’s artificial intelligence (AI) technology at McDonald’s franchise stores. With self-serve kiosks already plastered inside McDonald’s restaurants all …
by SilbergleitJunior It appears that we are heading into an extreme economic downturn.
🚨 NOW – NYC Mayor Eric Adams Says More Budget Cuts Could be Coming Due to the Migrant Crisis "That's what's so frightening about this. I saw it down in South America when I saw the level of people who are coming here, the continuous destabilization of Venezuela. What we're… pic.twitter.com/OBmDVtehrV — Chief Nerd (@TheChiefNerd) December …
Wells Fargo warning ⚠️ about mass layoffs 😳 pic.twitter.com/IgQTsAGeVr — Win Smart, CFA (@WinfieldSmart) December 10, 2023 ‘More aggressive’ job cuts are coming to Wells Fargo, the bank’s CEO says Wells Fargo is planning to be “more aggressive” about layoffs at the bank, and expects to have higher severance costs in the fourth quarter than …
by mrmrmrj Because 2009 was an “everything rally” so all the smaller companies in the index outperformed the large caps where everyone was hiding.
By Martin Armstrong Davos man John Kerry is continuing to “pledge” for stricter regulations on behalf of the people after the United Nations climate change summit (COP28). He already committed $3 billion to eliminating coal and believes emissions could be slashed by 68% come 2050. Now, John Kerry is out to eliminate the energy we …
Niagara Falls 🇨🇦 vs Niagara Falls 🇺🇸 This is what happens when you destroy your economy so badly that the only way your dollars can flow back is into property. https://t.co/ft7U8JsfYA pic.twitter.com/YFcGENFX4e — Financelot (@FinanceLancelot) December 7, 2023
via CNBC: A second Donald Trump administration will take action “criminally or civilly” against people in the media, an ally of the former U.S. president warned. “We will go out and find the conspirators, not just in the government, but in the media, yes, we’re going to come after the people in the media, who …
Since anyone paying attention can see that the entire economic system is built on a house of cards, they’re gonna do this to usher in CBDC and more totalitarian control. Thoughts? h/t Earworm80
by DAVID HAGGITH I just made my first major economic prediction for 2024 in my latest “Deeper Dive,” available to my paying subscribers, and let me summarize that we’re headed for a “year of chaos.” The article gives the particulars that form near mathematical certainty to the cause, laying out why it will bring what it will bring. We’re …
via themessenger: When Biden named Harris his running mate, he conferred on her heir-apparent status. The pick made sense. VP nominees are mostly about pulling together party divisions or offsetting the nominee’s weaknesses. As an old, white male Catholic, Biden running with a minority female checked some important identity boxes. And, in 2020 with a …
In a pivotal moment for the market, the S&P 7, responsible for 95% of the S&P 500’s gains this year, is facing scrutiny due to its overvaluation. With a price-to-earnings ratio reminiscent of historic bubbles, including the tech boom of 2000, concerns grow as some S&P 7 components exhibit P/E ratios over double previous bubble …
by Michael Are we heading into a “dark winter”? Many were hoping that the outbreaks that we have witnessed over the past few years would fade away and that life would soon return to normal. Unfortunately, the truth is that “normal” is never coming back. Even as you read this article, mad scientists all over …
“Experts suggest” your standard of living be reduced by over 85% A report on the future of travel and tourism, co-authored by a travel agency called Intrepid Travel and The Future Labs Institute, posits a future deeply impacted by climate change and restrictions on tourist travel to combat it. “A Sustainable Future for Travel”, warns …
via thepostmillennial: Elon Musk said he would “file a thermonuclear lawsuit” against Media Matters over a hit piece they released last week that led corporate advertisers to leave the X platform. He alleged that they manipulated their research methods to attain a desired result—that of showing ads from high-profile companies next to antisemitic content. …
by TonyLiberty Minimum wage hikes are coming to many US states in 2024. The most notable increase will be in California, where fast-food workers will be paid at least $20 per hour. Other states raising their minimum wages include: Hawaii (up 16.7% to $14), Nebraska (up 14.3% to $12), Maryland (up 13% to $15), Delaware …
Hawaii will raise minimum wages 16.7%, Nebraska 14.3%, Maryland 13% and Delaware 12.8%. The most notable wage increase of all may be California’s targeting fast-food companies, which beginning on April 1, 2024, requires big employers like McDonald’s and Chipotle to pay the state’s estimated 500,000 fast-food workers at least $20 per hour. But employers of …
Caravan of migrants heading to US blocks highway in Mexico Follow us on Rumble: https://t.co/4vo0fYlN6D pic.twitter.com/rtyq8cMAO1 — RT (@RT_com) November 9, 2023
by mrmrmrj Blue line goes below black line = recession
AAPL gross cash drops to $162BN, lowest since 2014; Net cash dropped to $51BN. pic.twitter.com/w7dftMkttF — zerohedge (@zerohedge) November 2, 2023 China market is slowing down for Apple as their govt moves to a domestic model competitors. Big hit to Apple. — floridanow1 (@floridanow1) November 2, 2023
At earnings this week, several auto execs pulled back on EV targets. Dealers have been warning of slowing EV demand for months. “This is a pretty brutal space,” Mercedes-Benz’s CFO said this week. With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in …
