Earnings Set to Plummet Amidst PPI Collapse, Companies Grapple with Profit Squeeze, and Surging Delinquencies Portend Household Financial Strain

The collapse in the Producer Price Index (PPI) signifies a critical shift, as companies find themselves unable to command exorbitant prices from customers, leading to a significant impact on their profit margins. The era of making extraordinary profits and refinancing at 0% appears to be coming to an end, exacerbated by the Federal Reserve’s decision …

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Economic Alarms Ring: S&P 500 Margins Dip, NFIB’s Sales Deteriorate, Companies Signal Weak Demand, Yield Curve Again Inverts

The economic landscape is marked by several concerning indicators, as evidenced by the S&P 500 margins trending lower, reflecting potential challenges for companies. The National Federation of Independent Business (NFIB) reports a deterioration in sales, indicating a worsening scenario for small businesses. Additionally, a growing number of companies are expressing concerns about weak demand, adding …

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More “zombie” companies whose business models were only viable in a world awash with central bank funny money are entering the Dead Pool.

127 ASX-listed ‘zombie’ companies on brink of collapse, KPMG research warns Dozens of ASX-listed companies are on the brink of collapse and in need of drastic change to turn things around, with potential investors warned to be on the lookout for ‘zombie’ firms. According to data from big four accounting firm KPMG released on Monday, …

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Feds fine Mormon church for illicitly hiding $32 billion investment fund behind shell companies

The Church of Jesus Christ of Latter-day Saints engaged in the scheme for more than 20 years. The Church of Jesus Christ of Latter-day Saints and a nonprofit entity that it controlled have been fined $5 million by the Securities and Exchange Commission over accusations that the religious institution failed to properly disclose its investment …

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Judge Engeron outlines next steps for dissolving Trump’s companies in New York. Clinton Judge Barbara Jones will oversee ‘dissolution’…

As the questioning of witnesses continues, Judge Engoron has issued an order outlining the next steps to dissolve Trump’s companies in New York. Engoron last week found that Trump and his adult sons used fraudulent documents to conduct business, and ordered the cancellation of his business certificates in the state. Trump appealed that ruling yesterday. In today’s …

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After BLM Riots Almost All New Jobs at S&P 100 Companies Went to Non-Whites

by Chris Black I think we’ve already covered this topic, but it’s worth remembering that this country hates you. Western Journal: White people were seemingly passed over for jobs following the civil unrest of 2020 as major corporations gave more than nine out of 10 available positions to non-white applicants, according to a new report. …

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California OK’s Plan to Allow Insurance Companies to Use “Climate Crisis” to Inflate Rates

To stop more insurance companies from ditching California, the state’s insurance commissioner has approved plans for firms to use “climate change” as an excuse to gin up rates. California will let insurance companies consider climate change when setting their prices, the state’s chief regulator announced Thursday, a move aimed at preventing insurers from fleeing the state …

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Companies are declaring bankruptcy, individuals are failing to meet loan obligations, yet Janet Yellen has stated, “I don’t see any sign that the economy is in risk of a downturn.”

Bankruptcy filings have recently reached levels on par with the 2008 Great Recession and the 2020 COVID-19 pandemic. https://apolloacademy.com/bankruptcies-rising/ His source appears to be this and it only refers to companies with over $50 million in liabilities. So the y-axis is the number of companies filing for bankruptcy, so a peak of an average of …

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Tucker Carlson: “Criticize the drug companies, question the war in Ukraine, and you can be pretty sure this is going to happen.”

Criticize the drug companies, question the war in Ukraine, and you can be pretty sure this is going to happen. https://t.co/3T7GjBddA5 — Tucker Carlson (@TuckerCarlson) September 16, 2023 JUST IN: Tucker Carlson has amassed over 367 MILLION views on his interview on X with Argentina presidential candidate Javier Milei, a libertarian. Getting fired by Fox …

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“Disinflation” Honeymoon is over! Wholesale inflation posts largest increase in 14 months as producer price index jumped .7% (economists predicted .4%) in August. The PPI report captures what companies pay for supplies, with these costs usually passed down to consumers. PPI + yesterday’s CPI = Inflation GROWING!

by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a red-hot 7.8%. This jump comes despite the still ongoing ridiculous monthly adjustment to the health …

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This is a direct result of government allowing ownership gaming in publicly traded companies. Boards are creatures of management, not ownership.

BIG MONEY: CEO Gets $379 Million For Money-Losing EV Company. “Keep in mind that Lucid lost over $2 billion over the last year. Now, startups can take a while before they turn profitable, but paying the CEO of an unprofitable company hundreds of millions of dollars to boost the stock price of a money-losing company sounds awful …

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In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537

by Dismal-Jellyfish https://www.federalreserve.gov/releases/g20/current/g20.pdf In June 2023, the total outstanding amount owed was approximately $1,850.9 billion dollars–up 14.7% from May! In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537. Wut Mean?: Folks and businesses are …

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Cannabis to be moved to Schedule III Causing massive spike in MSOS and US Marijuana Companies

The HHS is recommending cannabis to be moved from Schedule 1 to Schedule III. This will remove the 280E tax burden on the US marijuana companies and allow for up-listing to the NYSE and NASDAQ. https://www.bloomberg.com/news/articles/2023-08-30/hhs-calls-for-moving-marijuana-to-lower-risk-us-drug-category?leadSource=reddit_wall ​ https://www.marijuanamoment.net/top-federal-health-agency-says-marijuana-should-be-moved-to-schedule-iii-in-historic-recommendation-to-dea/ Important to note that it’s not a surefire thing that it’ll be rescheduled to III. This is …

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Everything indicates that growth will be slower: US industrial companies experience significant business slowdown in China; Student loan payments resume in September.

Industrial US companies are seeing their businesses in China slow down considerably. DuPont, Dow and Caterpillar have cut their sales outlook for the country into this year. https://t.co/LJ0ARJ9jMW Tesla cut prices in China again. https://t.co/tuTnwNZFSO — Lisa Abramowicz (@lisaabramowicz1) August 14, 2023 Everything is fine … 🔥🔥🔥 Student loan payments resume in September. pic.twitter.com/l7C34hjf10 — …

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CREEPY: Insurance Companies are Spying on Commiefornia Residents Via Satellite to Cancel Their Homeowners Insurance

California couple loses homeowners’ insurance after draining their swimming pool to save water SAN RAFAEL, Calif. — It’s becoming harder and harder to get a homeowner insurance policy in California. State Farm and Allstate stopped writing new policies, citing wildfire risks. Others are limiting new customers. And now, several viewers tell San Francisco’s KGO-TV that …

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Bond credit ratings companies slow to act, more bank failures on the way.

The bond credit ratings companies are always slow to adjust. There will be many more bank failures in the next 24-36 months. Probably every regional bank with exposure to commercial real estate should be downgraded at this point. 🔊 https://t.co/96qIsxGVGN — Wall Street Mav (@WallStreetMav) August 9, 2023 Fitch delayed the U.S. credit rating downgrade …

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European Companies Lost Over €100 Billion on Russia Amid War

by Martin Armstrong The Financial Times estimates that European companies have lost at least €100 billion ($110 billion) since the Russia-Ukraine war began. Around 176 European companies noted significant losses in their fiscal year reports for 2022, and the future remains grim as tensions continue to grow. Naturally, energy-related industries faced half of those losses, followed by …

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Union demands and Fed policy drive more companies into bankruptcy.

Huge wage demands from unions and other effects from Fed policy are tipping more companies into bankruptcy. 🔊 https://t.co/FO00X6uKi0 — Wall Street Mav (@WallStreetMav) August 8, 2023 #Bonds are starting to look bad… US Treasury term premia (black) are breaking higher and pushing 10y yields up (orange). This isn't good for #liquidity which uses a …

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Corp. net interest expense rose sharply, leading to faster bankruptcy filings for companies…

Without ZIRP, how are many large public companies going make those interest payments?https://t.co/pfCc29lVwD — Eventually Consistent Capital (@EventuallyCC) July 26, 2023 Everything is fine. 🔥🔥🔥Not a recession. Just one of the largest trucking companies in the USA filing for bankruptcy. 😳 pic.twitter.com/rzbvZMtbh9 — Wall Street Mav (@WallStreetMav) July 26, 2023 Beware: Bankruptcy filings have seen …

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Robert Epstein: ‘The Perfect Crime’: Tech Companies Are Manipulating Our Elections and Indoctrinating Our Children — How We Can Stop Them

Guest Post by Robert Epstein via gatestoneinstitute.org Big Tech companies are deliberately manipulating the outcomes of our elections and the thinking and beliefs of our children. And they are having an enormous impact. Consider this: The GOP currently has a slim 10-seat majority in the House of Representatives. Without Google’s interference in 2022, it would …

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