A hub for independent voices and hard truths
As the Nasdaq Composite surges, outperforming the Russell 2000 by the largest margin since 1999, a sense of déjà vu from the dot-com bubble emerges. US equities near 70-year highs against global stocks, mirroring the exuberance of the past. While …
The financial outlook in the United States is deeply concerning. The bottom 20% of workers are allocating a staggering 80% of their income to essential goods like food, highlighting the stark inequality. Even those earning $150,000 or more a year …
The surge in retirement concerns is a glaring red flag that cannot be ignored. With the shadow of a possible recession looming, the stakes are higher than ever. In the face of persisting inflation and wavering consumer confidence, the Fed’s …
Vanguard, a global investment giant, has made a decisive move to withdraw from China by finalizing severance agreements with its remaining Shanghai staff, including country head Luo Dengpan. This exit follows a series of disputes, and China’s retaliatory measures, such …
Billionaire investor Stan Druckenmiller, known for his market insights, is making significant moves by taking “massive” bullish positions in two-year notes. His actions come as growing worries about the economy loom on the horizon. Recent data showing a spike in …
The current economic landscape is giving rise to growing concerns, with labor market deterioration, tightened lending standards by banks, and persistent inflation creating a potential stagflationary environment that could impact consumers’ purchasing power and lead to an economic slowdown. This …
Hmm 🧐 https://t.co/atJNbv7OUc — Elon Musk (@elonmusk) November 2, 2023 Having free speech on X is going to transform the 2024 election Clips like this one showing a mule dumping dozens of ballots in a dropbox will go *supernova* viral …
The NYPD will be on high alert at next week’s Greenwich Village Halloween Parade — where costumes can provide cover for extremists looking for “targets of opportunity” as the Israel-Hamas war rages, a cop memo says. But the gathering – …
The situation in the Middle East is becoming increasingly complex and sensitive. There are concerns about the escalating conflict in the region, and some experts, like Colonel McGregor, warn of potential consequences if the situation continues to escalate. State Department …
The rise in California’s unemployment rate from 3.8% to 4.7% is concerning, and it’s an indicator that the overall U.S. unemployment rate may also see an increase in the near future. Focus on California. Unemployment in that state was 3.8% …
The US national debt is outpacing economic growth, reaching $33 trillion this month, a stark increase from 70 years ago. As of this month, the total national debt stands at $33 trillion, approximately 124 times larger than it was 70 …
The passage of the Energy Act 2023 marks a significant development in the world of smart meters. Under this legislation, authorities gain the power to employ “reasonable force” to enter homes and install these meters, enabling them to exert control …
https://twitter.com/ClownWorld_/status/1717585214904418362 PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report Chinese oil and gas company PetroChina (0857) has completed the first international crude oil trade using the country’s central bank digital currency (CBDC), the e-CNY, China Daily …
The Euro Area’s economic woes deepen as it faces its lowest PMI levels in nearly three years, raising concerns of a looming recession. Euro zone banks are tightening credit standards due to worsening economic conditions and rising interest rates, resulting …
The record-high subprime auto loan delinquency rate in September is deeply concerning, but it’s not just about the car market. The ripple effects extend to people struggling with their bills, families losing their means of transportation, and the broader economy. …
Watching 👇 pic.twitter.com/L1DTMD0ueL — Guilherme Tavares (@i3_invest) October 16, 2023 Since 1992, in non-recession years, the average 9-month range for real growth is 1.5%. In other words, growth is always in motion, either cycling higher or sliding lower. This makes …
"Are the wars in Israel and Ukraine more than the United States can take on at the same time?" Scott Pelley asks President Biden. 60 Minutes, tonight. https://t.co/mEN4CWeXMW pic.twitter.com/b3FC9yQiVE — 60 Minutes (@60Minutes) October 15, 2023 QUESTION: “Are the wars …
Hedge Funds continue adding to their short U.S. Treasuries futures position which has now reached the largest short position in history pic.twitter.com/5VtUeUb7JQ — Barchart (@Barchart) October 11, 2023 I believe Bank of America is insolvent with a 6% Fed funds …
Canada’s housing market is causing alarm bells, and with more homes listed, many folks just aren’t buying. The Bank of Canada’s financial review highlights debt worries and younger homeowners taking a step back from the market. https://t.co/IqveoD5lGS Harsh new reality …
“I’ve spent 35 years living in Washington; I don’t even recognize these people and what they’re doing” “Letting in 7 million people from the poorest countries in the world illegally and immediately putting them all on public benefits” “That right …
https://t.co/QExVpGvRNS — Win Smart, CFA (@WinfieldSmart) October 6, 2023
Global economy’s glide to ‘soft landing’ gets bumpy as bond yields jump WASHINGTON, Oct 6 (Reuters) – Rocketing U.S. government bond yields that have led to a global jump in borrowing costs are raising new risks for economic policymakers hoping …
President Biden showed his age at a campaign reception in Manhattan Wednesday — repeating statements about the 2017 Charlottesville riot and his decision to run for president in 2020 minutes apart and nearly word-for-word. During remarks at the gathering hosted …
In a surprising development, the Biden administration has appointed James Clapper, John Brennan, and Paul Kolbe, all former intelligence officials, to a DHS “Homeland Intelligence Experts Group” responsible for addressing critical national security matters. This decision has raised eyebrows and …
American Foods Group LLC, conducting business under the name Green Bay Dressed Beef LCC, issued a recall for cases of raw ground beef items that may be contaminated with Shiga toxin-producing E. coli, according to a notice from the Department …
The American Geophysical Union’s display of ignorance regarding the scientific method raises questions about the level of competence within scientific organizations. The scientific method is fundamental to research and the acquisition of reliable knowledge, and any departure from it can …
Currently, existing mortgage holders in Sweden are making monthly capital repayments that are on par with the demand for new mortgage debt. This is quite an unusual scenario, and it carries bearish implications for house prices. In simpler terms, it …
First steps to a starvation crisis https://twitter.com/_/status/1689623633507827712 Scientist Admits the ‘Overwhelming Consensus’ on the Climate Change Crisis Is ‘Manufactured’ We are told climate change is a crisis, and that there is an “overwhelming scientific consensus.” “It’s a manufactured consensus,” climate …
Gas prices in the US have surged to an eight-month high after foreign suppliers slashed production, and experts are warning that a hurricane in the Gulf of Mexico could trigger further increases. On Friday the national average price of regular …
The Roosevelt Hotel in NYC has been sacked. 100s of non-citizens are sleeping outside the hotel due to no more rooms being available. This is what a "Sanctuary City" looks like. pic.twitter.com/epIym5vidK — Citizen Free Press (@CitizenFreePres) July 29, 2023 …