Independent thinking for complex markets and current events
He cited doubts about the integrity of commercial real estate loans in major countries and a mid-sized local developer that was forced to restructure its heavy debt load as some of the warning signs for the economy. …………….. “We need to pay particular attention to make sure credit risks do not grow around what is …
Inflation? What Inflation?This is getting crazy. What other stuff is shocking you lately at the grocery store? pic.twitter.com/yyJFqFfJq5 — Wall Street Mav (@WallStreetMav) December 31, 2023 Inflation? What Inflation? Shrinkflation. We are seeing more and more of this. 221 mL vs 192 mL pic.twitter.com/AhUKIr8DsE — Wall Street Mav (@WallStreetMav) December 31, 2023 RED is reported …
The U.S. national debt continued to soar in 2023, surpassing $33 trillion. It’s still rising rapidly. The U.S. Treasury Department estimates the national debt at $33.87 trillion, but the deficit figures for December could put the figure over $34 trillion. For fiscal year 2023, which began on Oct. 1, 2022, and ended Sept. 30, 2023, …
Only 2 weeks – Jan 1st, 2024 until oil producing countries formally drop the USD. https://www.youtube.com/watch?v=hoToNRHBs5k
MEANWHILE HOMESCHOOLING GROWS BY LEAPS AND BOUNDS: The Rapid Growth of Educational Freedom Is Unprecedented. “According to the latest ABCs of School Choice – EdChoice’s comprehensive report about all matters pertaining to education freedom – policymakers in 40 states have debated 111 educational choice bills in 2023, 79 percent of which related to education savings accounts. (ESAs …
by Ryan McMaken Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, …
by ChampionshipUsed9855 Check out SNOW insider sells: A company that doesn’t make a profit. Frank Slootman CEO sold $344,130,000.00 just in December Michael P. Scarpelli CFO sold $240,891,000.00 just in December Snowflake (SNOW) Insider Trading Activity 2023 (marketbeat.com)
Authored by Ryan McMaken via The Mises Institute, Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply …
The Elite’s hell-bent on depopulation really don’t want people taking higher levels of vitamin D. The current FDA recommendations are woefully inadequate. There are currently multiple worldwide smear campaigns to try and manipulate people to not take vitamin D supplements at all. Currently, the newest smear campaign try’s to claim that vitamin D is used …
by Chris Black This is an absolute catastrophe. Ireland is a small country. The Irish are being wiped out in their own homeland, and this is happening without much of a peep. Gript: Over 40% of the population increase in the Irish state since 2005 has been the consequence of net migration of people born …
by DAVID HAGGITH I think Fed Chair Jerome Powell is making a mistake about inflation today just like he did at the start of inflation when he repeatedly said it was “transitory.” He is no smarter about inflation now than he was then, and there is no reason to believe he would be. Why would …
Housing experts predicted housing supply wouldn’t rise due to low mortgage rates, but people will sell homes to combat inflation. The need for cash as inflation continues to soar will have people fire selling their assets as @Redfin states below with people and their houses but the problem is demand for housing continues to collapse …
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 in significant credit tightening. #Eurozone #PMI 📉 👀https://t.co/kbzBfUfarU pic.twitter.com/2jLAhRwIZa — Invariant Perspective (@InvariantPersp1) October 24, …
Bowman calls out she is in the rates higher for longer camp while leaving room to continue raising rates. She calls out the PCE index rising but fails to mention that it was being undercounted previously and is actually HIGHER going back the last two years and registered at 3.5% in August, still WELL above the 2% …
Amazon faces allegations of using a secret algorithm to raise prices significantly for U.S. consumers, with reports of sharp price hikes both online and in physical stores, impacting products from groceries to streaming services, potentially leading to regulatory action and stock declines amid a tough year for the e-commerce giant. Are you ready for some …
Ray Dalio says the United States is going to have a debt crisis. "There are two ways to conquer and enslave a country. One is by the sword. The other is by debt." – John Adams The bill always eventually gets paid one way or the other. — Gold Telegraph ⚡ (@GoldTelegraph_) September 28, 2023
This week, the Fed made it clear that they want core inflation down to 2% and that is not changing. Meanwhile, supply-side inflation remains a major issue for the Fed. Higher rates have become the new normal. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 22, 2023
Newest Sign of California’s Decline: Pirates The rule of law continues to decline all across California. Today’s case in point: Oakland Bay estuary, where actual pirates are stealing and plundering ships: In Oakland estuary, “the threats of pirates have risen to a new level.” A few weeks ago, they were coming in off the water to steal …
by Chris Black Trump signed off on the two weeks to slow the spread, believing that this was key to allowing the hospitals and the country to prepare. Most Americans agreed. He then went on TV and said that he wanted the country opened up by Easter. By the time he said that, the governors …
by Chris Black The image below is a screenshot from the website of the Council of Ministers (https://www.governo.it/it/articolo/comunicato-stampa-del-consiglio-dei-ministri-n-42/23077). Meloni’s cabinet website. The Meloni government is going to allow 452,000 new legal immigrants into Italy over the next three years. And they would like 833,000, but legislation does not (yet) exist to authorize that. The website …
https://twitter.com/SonofHas/status/1696186119808065846 Full details here from Matt Margolis. h/t Stephen Green
1970s inflation vs 2020s inflation: When you compare the inflation rates from 1972-1976, it’s almost identical to today. However, 2 years later we saw inflation spike to 11%. The peak inflation rate in the 1970s aligns perfectly with the 2022 peak. Are we about to see another… pic.twitter.com/SXwTUEdhh2 — The Kobeissi Letter (@KobeissiLetter) August 24, …
BULLETIN Hurricane Hilary Intermediate Advisory Number 6A NWS National Hurricane Center Miami FL EP092023 600 PM MDT Thu Aug 17 2023 …HILARY BECOMES A MAJOR HURRICANE… Hurricane Hilary Discussion Number 6 NWS National Hurricane Center Miami FL EP092023 300 PM MDT Thu Aug 17 2023 https://www.nhc.noaa.gov/text/refresh/MIATCDEP4%20shtml/172056.shtml Hilary has an impressive appearance on satellite imagery. The …
In the meantime: The Fed continues to pretend that it can shrink its balance sheet size and watch the cost of government debt rise, all while the US grapples with a 12% twin deficit. After marking the end of a 40-year bull market in Treasuries, this upward move in 10-year… pic.twitter.com/DovYOOrn1a — Otavio (Tavi) Costa …
The only “Press Requirement” you need is the 1st Amendment. American citizens are allowed to question the Government. https://twitter.com/FoxNews/status/1687800641765163008 Reporters must show they have “Full-time employment with an organization whose principal business is news dissemination,” have a “Physical address” in the “Washington, D.C. area,” and demonstrate they have “accessed the White House campus at …
via naturalnews: Florida Chief Financial Officer Jimmy Patronis has issued a warning to the censorship company NewsGuard Technologies, Inc. about promoting a rating system for the quality of information, as though they are some kind of “arbiter of truth.” The Sunshine State CFO further said that this practice may trigger the state’s divestment laws and that he …
by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, & thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor: June …
by Michael Despite so much evidence to the contrary, the Biden administration continues to insist that the U.S. economy is on the right track. But is that really true? Thanks to the Federal Reserve, interest rates are now much higher and the money supply has been contracting at the fastest pace since the Great Depression. …
by rightlibcapitalist NVDA rallied this year and as expected, short sellers lost shit ton of money. Here’s the summary: According to financial data firm S3 Partners, short sellers of Nvidia Corp have experienced substantial losses this year, amounting to more than $8 billion, as the company’s stock surged over 180% in 2023. The remarkable performance …
