Independent thinking for complex markets and current events
🚨#BREAKING: A small plane makes a emergency landing and crashing into multiple cars on a busy interstate ⁰📌#Victoria | #Texas Emergency crews are on the scene in Victoria, Texas, after a small plane crashed into three vehicles at a busy intersection. Video footage shows… pic.twitter.com/wA1pR49yhb — R A W S A L E R T …
by Charles Hugh-Smith of OfTwoMinds blog Or we can let the bubble implode under its own weight and have a plan ready to clean house when the dust settles. Thanks to recency bias, we tend to think the world has always been more or less as it is today. Tectonic shifts beneath the veneer of everyday life …
2/ Aug 2000 to April 2001: Market dropped by about 25% and yields were falling Creating a "stocks-down-yields-down" environment This is typical during economic recessions pic.twitter.com/0Do52BsCXC — Bravos Research (@bravosresearch) September 16, 2024 4/ Fast forward to 2008: Initial downturn in stocks coincided with declining bond yields Again, the same recessionary behavior led straight to …
by Odd_Personality_1514 We’re in the middle of trying to sell our home here in southern Miami – Kendall. Just one year ago you couldn’t find a home to buy. Whenever a home went up, it’d sell in days, after bidding wars. Today, there still aren’t that many homes for sale, but the buyers have evaporated. …
Long Term Unemployment = Jay Powell’s Unexpected Weakening = Recessions It was in his May FOMC presser that he said that an ‘unexpected weakening’ of the labour market could cause the Fed to change course. Two months on he’s got one. Long term unemployment, defined by being… pic.twitter.com/4TgxSrznMP — PPG (@PPGMacro) July 10, 2024
Who breaks the Bank Of Japan in 2024 (is it George Soros or some other big HF)? $USDJPY pic.twitter.com/7bEbvaiWOM — The Macro Guy (@SagarSinghSetia) June 26, 2024 $JPY cracks 160, intervention watch on red alert: pic.twitter.com/tqddzaAVXJ — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) June 26, 2024 🍿POPCORN ALERT 🍿 “May the odds be in …
Austin, Texas: Expected to see the steepest drop in home prices, with a 12.2% decline anticipated. Redding, CA: Predicted to experience a 7.30% growth in home prices. Santa Maria-Santa Barbara, CA: Anticipated growth of 6.81%. Bremerton-Silverdale, WA: Expected to see a 6.51% increase. Coeur d’Alene, ID: Predicted growth of 6.49%. Fairbanks, AK: Anticipated growth of 6.38% Boulder, CO: Expected to see a 6.36% increase in …
Bitcoin prices plunged overnight after now-defunct Bitcoin exchange Mt. Gox said it would begin distributing assets stolen from clients in a 2014 hack starting in July, after years of postponed deadlines. “The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the Rehabilitation Plan,” trustee Nobuaki Kobayashi said in a statement posted …
by Chris Black Diversity is our greatest strength, except when it comes to things that require basic proficiency at literally anything. RT: At least one person has been killed and several others injured after a V-22 Osprey aircraft operated by the US military crashed off Yakushima Island in southwestern Japan on Wednesday. The crash is …
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 …
Looks like wall street investors are selling off their houses for cheap. Might be a good idea to buy for a family. AC
TIMECODES 0:00 Video Overview 0:39 What Happened Before the Financial Crisis 10:19 Purpose the Reverse Repo Serves Now 16:06 What Happens When it Hits Zero
Crumbling buildings and broken dreams: China’s unfinished homes Tens of millions of homes lie vacant across China following the country’s credit-fuelled construction boom. Taichung, Taiwan – Around a tiled square on the outskirts of the Chinese city of Nanjing, a cluster of apartment buildings rise like concrete columns towards a grey sky. At first glance, the …
by Cum-Engineer8739 When we ask why Spy die, I will tell you why Houses 2x normal price, 3-4x monthly Payment with interest rates increase Uber eats is f**king $40 for a Taco Bell meal, you diahrea and thus lose 80% of the nutrients so 10 calories for $40. That ratio is worse than in refugee …
Credit card losses are rising at the fastest pace since the Great Financial Crisis Goldman Sachs predicts credit card losses will continue to climb through the end of 2024/early 2025. What is unusual is that the losses are accelerating outside of an economic downturn, the firm said. Credit card losses currently stand at 3.63%, up …
Rep. Lauren Boebert (R-CO) has been removed from the Texas Youth Summit’s speakers list after video footage showed her vaping and fondling her beau Quinn Gallagher during a Denver performance of Beetlejuice the musical. On Friday, organizers for the event, aimed at young conservatives ages 12 to 26, announced that Boebert had been added to …
Whoops!… pic.twitter.com/0r2ztyep55 — CrossBorder Capital/ GLIndexes (@crossbordercap) August 14, 2023
Paypal $PYPL getting really close now to taking out a 6-year low of $59.34 pic.twitter.com/KjLV5Kwxho — Barchart (@Barchart) August 11, 2023
A disturbing video has surfaced on social media, showing a Brazilian man drinking alcohol while letting his 11-year-old fly his private plane. According to Express, the video was allegedly shot moments before the father-son duo tragically died in a crash. https://www.express.co.uk/news/us/1798998/Video-dad-drinking-beer-while-son-flies-private-plane Avião bimotor Beechcraft Baron 58, de matrícula PR-IDE, "caiu matando pai e filho" a …
by confoundedinterest17 I wanted to play Aaron Copland’s Fanfare For The Common Man, but thought that The Federal Reserve theme song (laughing song from “Death in Venice”) was more appropriate given their insane money printing since 2008 then 2020 with Covid. Yes, The Fed is laughing at us. Bidenomics, massive spending on green energy mandates while curbing fossil …
by confoundedinterest17 Yes, one of the cornerstones of Bidenomics is the massive expansion of (impractical) electric vehicles (or EVs). You know, those mondo expensive cars that run out of power after a couple of hundred miles requiring a lengthy recharge (kind of makes long distance trips the domain of Internal Combustion Engine (ICE) cars. But …
THERE IS NO SOFT LANDING Not for the US consumer, not for the US Government This plane is flying straight towards a Debt Jubilee or crashing in a Great Depression 2.0 Fintwit passengers can argue about the meaning of turbulence along the way But that’s how this ride ends pic.twitter.com/uzZanBIIAC — Amy Nixon (@texasrunnerDFW) July …
by confoundedinterest17 Yes, Resident Biden, our bumbling, corrupt “leader” said “We created more new jobs in two years than any president did in their entire term.” Of course, like almost everything that comes out of Biden’s mouth was a lie. Actually, the US economy added 12.53 million jobs after April 2020 (Trump) while Bidenomics created …
