Independent thinking for complex markets and current events
Multiple LNG vessels stranded in Persian Gulf after air strikes on Houthi rebels Qatar appears to have paused sending LNG tankers through the Bab el-Mandeb Strait after the air strikes raised regional risks. Multiple liquefied natural gas tankers were held up over the weekend… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) January 15, 2024
by Perry-Rodent This year the US has to roll over 7 trillion USD in bonds and finance an annual deficit of around 2 trillion on top of it. BRICS and Japan are nor going to buy US treasuries anymore. Up to now, US bond auctions did not fail because financial institutions had enough excess reserves …
New York is employing the strategy of “Ask, Tell, Make” a DEI strategy of escalation to house illegal aliens in private residences. This is beyond alarming: View post on imgur.com h/t BloodEagle
The Senate GOP leadership’s draft border deal with the White House would reward illegal migration and encourage more foreign graduates to take jobs from American graduates, says the Immigration Accountability Project. “There’s nothing in there that [restricts immigration], in fact, it’s just going to encourage more people to come,” said Chris Chmielenski, president of the …
via breitbart The United Nations healthcare agency — the World Health Organization (W.H.O.) — has given transgender activists a majority of the seats in a panel that is drafting healthcare policies for children. Eleven members of the W.H.O.’s 21-member panel have no formal medical training, seven are transgender, and just ten have a medical background, according …
Tesla Inc. reportedly has reduced prices on two models in China, where it faces stiff competition from rivals such as BYD Co. Ltd. and is grappling with a continued difficult economic backdrop. Shares of Tesla were falling more than 3% in premarket trading Friday. Investors were also grappling with news of a temporary shutdown of …
https://twitter.com/JesseKellyDC/status/1744821198867902843 Progressives definitely will accept more flying deaths in service of the DEI agenda. No question about this. Air safety is also hard to measure in context. US commercial crashes and incidents could double and remain statistically tiny and thus the system would remain very… — Jeff Deist (@jeffdeist) January 9, 2024 h/t LoneStarRising
by Stephen Green BIDENOMICS: Americans are racking up more ‘phantom debt’ — why that’s a problem. Some types of debt can haunt you. “Buy now, pay later” loans, especially, can be hard to track, making it easier for more consumers to get in over their heads, some experts say — even more than credit cards, which are …
by Ed Driscoll DEMOCRATIC PARTY BRASS BECOMING INCREASINGLY ANGRY AT OPERATIVES WITH BYLINES: Biden campaign brings top journalists to Wilmington. Two people with knowledge of the situation told Semafor that during meetings with reporters from outlets like The New York Times, the Washington Post, and others, campaign officials have invoked a coverage spreadsheet laying out areas where …
Shares of Boeing fell in premarket trade Monday, as markets digested the news that the Federal Aviation Administration had ordered a temporary grounding of dozens of Boeing 737 Max 9 aircraft. Shares were down 8% shortly after premarket trading opened at 4 a.m. ET. Of the 171 aircraft grounded under the directive, United Airlines has …
CHINA SPARKS FEARS OF IMMINENT TAIWAN INVASION AS MILITARY SWARMS ISLAND BY SEA AND AIR (MSN) Taiwan's Ministry of National Defense has tracked six Chinese military aircraft and six naval ships moving near the island nation, once again sparking fears of an invasion. One of the… pic.twitter.com/FPs3A5v694 — FXHedge (@Fxhedgers) January 5, 2024
The US high-yield bond market is currently facing its swiftest sell-off since March, triggering concerns reminiscent of worries about a banking-market collapse. Spreads in this market have widened by almost half a percentage point since December 28, marking the fastest pace of widening since March 16. This sudden development has raised eyebrows, signaling potential turbulence …
Oh boy. Global freight rate for containers just surged 61% this week. Not the time to celebrate the end of inflation. A second wave is likely underway. H/t @dailychartbook pic.twitter.com/X9K2DZJDWR — Otavio (Tavi) Costa (@TaviCosta) January 5, 2024 The global freight rate for containers has surged by a staggering 61% this week, casting a shadow …
Caravan has been broken down into smaller groups. They traveled 5 days in a roll and remained in Mapastepec, Chiapas, Mexico since December 28th. Leader has supposedly made deal with INM (Mexico Immigration) to get FMMs issued to them.https://t.co/3ZLYS2rYA1 — Mayra Flores (@MayraFlores4TX) January 3, 2024
There are currently no cases of illness associated with the meat, as the contamination was discovered via routine testing. However, it is believed the products are still likely sitting in fridges and freezers, in which case consumers are advised to dispose of them or return them to the place of purchase. The packing of affected …
Jan 3 (Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy. Two of China’s biggest state-owned banks and a leading joint-stock bank …
Bank of America is now providing *loans without down payment* for home buyers in “black & Hispanic Communities.” Mark my words: This act of “anti-racism” today will be called “systemic racism” tomorrow – when minorities end up defaulting on these loans.https://t.co/ZV7FFc3VKu — Vivek Ramaswamy (@VivekGRamaswamy) December 27, 2023 Tell me we’re very late in the …
Gold has officially achieved its highest closing price in history, marking a significant yet largely unnoticed macro move. The record-breaking ascent of gold prices, now firmly above $2,060, is attributed to a weak US Dollar, lower Treasury yields, Fed easing expectations, and geopolitical tensions in the Middle East. The surge in gold prices reflects broader …
Acknowledging a potential Ukrainian surrender, Russian forces reportedly advance, taking significant territories. Concerns heighten amid media blackout. NEW: Ukrainian surrender may be imminent, Russian Defense Minister is now reporting military forces have taken most of Donetsk and all of Maryinka. MEDIA BLACKOUT. This is a devastating development for Ukraine if Shoigu’s claims are accurate. pic.twitter.com/Lz2zL6keUG …
🇺🇸 Small banks cash assets to total assets shrinks. The Fed’s BTFP comes due in March. It’ll be extended. The Fed postpones at the expense of making worse, the consequences of liquidating underwater securities to meet depositor’s demand for their money. Chart: @RealEJAntoni pic.twitter.com/vGFwfMATXd — Alex Joosten (@joosteninvestor) December 24, 2023 the REAL Truth …
Outrageous! Nearly 60% of households led by illegal aliens use welfare. Our system is being exploited! via breitbart: “Close to 60 percent of households headed by illegal aliens use at least one major form of welfare, an analysis conducted by the Center for Immigration Studies (CIS) reveals. The CIS analysis from Steven Camarota and Karen …
The surge in congenital syphilis cases challenges the CDC’s claim that racism is the primary cause, as the numbers sharply increased regardless of racial disparities. In 2022 alone, cases rose to 3,700, leading to 51 deaths and 231 stillbirths. This alarming trend prompts a critical examination of the factors contributing to the epidemic. Simultaneously, the …
THIS HAS BEEN A LONG TIME COMING, WITH PLENTY OF BLAME TO GO AROUND WASHINGTON, THE PENTAGON, AND THE NAVY ITSELF: U.S. Naval Deterrence Is Going, Going, Maybe Even Gone. This was only one of several recent assaults on American naval assets in the region. They have happened despite the presence of the Ford carrier strike …
The market is literally bullying the @federalreserve – i.e., loosening financial conditions w/ "core" CPI at 2x the @federalreserve's target. This, as @elerianm correctly stated, is what happens when you have a communication problem at the Fed (as we currently do). This is (very)… — Gordon Johnson (@GordonJohnson19) December 21, 2023 Perhaps. But that’s: (a) …
🌍 Global Supply Chain Pressure Index rising. “Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.” Not good for short-term goods #inflation. H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1 — Alex Joosten (@joosteninvestor) December 21, 2023 🇨🇳 China Bans Exports of Some Rare-Earth Processing Technologies China accounted for more than two thirds …
In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, adding to economic uncertainty. Notably, Broadcom has emerged as a front-runner in the semiconductor industry, …
In Eagle Pass, Texas, a ground-level video reveals an unprecedented influx of thousands of migrants awaiting Border Patrol processing after illegal crossings. The situation, described as unparalleled by an individual with extensive experience in the region, underscores the magnitude of the current migration challenges. Adding to the complexity, the Biden administration’s decision to shut down …
New York county to enforce travel bans for weather and other ‘catastrophes,’ announcing portal for ‘essential worker’ movement passes There has yet to be a reckoning for all of the government tyranny we witnessed since 2020, leaving power hungry politicians under the impression that they can go back to the Covid era rights restricting toolbox …
In a recent development, unelected officials within the European Union (EU) have initiated an investigation into Elon Musk’s Twitter alternative, X, citing concerns about the platform’s handling of “illegal content” and so-called “hate speech.” The investigation, led by European Commissioner Thierry Breton, accuses Musk and X of failing to fulfill their obligations in keeping …
China’s central bank has made a historic move by injecting a record $112 billion into the financial system, according to reports from Bloomberg. This substantial cash injection comes as the Chinese yuan experiences depreciation against the US dollar, posing challenges for exporters and raising concerns about potential inflation. The Chinese economy has been grappling with …