Independent thinking for complex markets and current events
China’s population drops by 1.39 million—continuing a troubling trend for the economy. h/t IAmNotAnEconomist
by Michael We are facing an unprecedented retirement crisis in this nation. Millions upon millions of Baby Boomers are retiring, and most of them are struggling. In fact, it has been estimated that 80 percent of our retirees are either struggling right now or are in serious danger of falling into financial insecurity. We are supposed to …
China’s yuan is hanging by a thread, the closest it has ever been to going over the government limit. Finally, even the mainstream media has caught on this has nothing to do with Jay Powell and the Fed. The bazooka has been utterly exposed. Not a good day in India to start the week. The …
Los Angeles Mayor Karen Bass has dismissed Fire Chief Kristin Crowley, mere hours after Crowley publicly criticized the city’s leadership for its handling of the recent wildfires. The swift action by Bass has sparked debate over whether this was a move for accountability or an act of retaliation against criticism. The controversy erupted following an …
UK. Pound collapses. Bond yields soar. No one resigns. Britain's Bond Turmoil Invokes Memory of 1976 Debt Crisis.https://t.co/VUYnXhYiNB pic.twitter.com/eVCX6gaoXq — Daniel Lacalle (@dlacalle_IA) January 9, 2025 Britain’s Bond Turmoil Invokes Memory of 1976 Debt Crisis Soaring yields prompt some comparisons with Truss debacle But the economy’s woes may be more similar to IMF bailout era …
Canadian Prime Minister Justin Trudeau resigns this week. What’s next for Canada?
The biggest players in the American auto industry are sounding the alarm for 2025: things are tipping towards disaster, and many auto companies are at risk of going under. Recently, one CEO has bluntly admitted that his company, which is one of the largest car manufacturers in the U.S. and the world, only has 12 …
Central banks have just engineered the worst crisis we've ever seen and now it's ready to go. By pulling the liquidity rug away they've set the stage for another crisis, all that's needed is the trigger/narrative. https://t.co/2RhyVZhH5c pic.twitter.com/tas2TgrN22 — Financelot (@FinanceLancelot) January 6, 2025 There goes the 10 year yield, climbing its way into the …
1/ Mortgage Meltdown Incoming? The share of 🇨🇦 mortgages in arrears (90+ days overdue) has jumped 50% since hitting historic lows. The latest rate of 0.21% might seem small, but here’s why it’s a ticking time bomb for the housing market. pic.twitter.com/ZPhxPWHTQF — Shazi (@ShaziGoalie) January 4, 2025 3/ For context, the number of mortgages …
The S&P 500 is at the same level today as it was on the day after the election. It has gone nowhere for two months, amid EPIC levels of bull shit. New highs – lows peaked the week of the election and are now negative. The election gap that was a bear trap on the …
pic.twitter.com/BmgN8RzSM3 — Jack Krzewinski (@JackKrzewinski) January 2, 2025 "The relentless surge of the U.S. dollar is primed to cut a swath of carnage through Asia’s asset markets, leaving economic strain in its wake. The dollar wrecking ball similar wreaked havoc with Latam currencies in the 1980s… Historically, when the dollar flexes its muscle,… pic.twitter.com/y9Sc5afXM0 — …
To start, here's a chart of US credit card serious delinquency rates for subprime borrowers. Subprime credit card delinquencies have risen 7 percentage points in just ~15 months. These borrowers reflect a WHOPPING ~23% of the consumer credit market, according to Fed data. pic.twitter.com/mNUaNwc0GB — The Kobeissi Letter (@KobeissiLetter) January 2, 2025 Meanwhile, US multi-family …
Where were the amplified automod tools and crisis management mode when reddit was full of people posting personal information of healthcare CEOs last month? Or when reddit got flooded with unfounded election conspiracy theories for the past two months? h/t King_in_a_castle_84
The federal debt has fallen $77 billion over the last 2 days, but only b/c Treasury has simultaneously drained $104 billion from its cash account; sure seems like Yellen is trying to set up her replacement at Treasury for failure – a short 🧵 pic.twitter.com/NF7hbz35zj — E.J. Antoni, Ph.D. (@RealEJAntoni) December 30, 2024 Leaving a …
Because while the economy looks solid, it's built on debt, inflation, and overvalued assets. Add in rising interest rates and global instability, and the conditions are ripe for a sharp correction, even in a seemingly strong market. — Rooted_In_Reality (@realonesknow87) December 30, 2024 Trump Just said we are heading to a 1929 scenario in the …
by Michael All over America, our core urban areas are teeming with tent cities, hordes of homeless drug addicts, and vast throngs of newly arrived migrants that don’t have anywhere to go. When I wrote about this topic one year ago, homelessness in the U.S. was at an all-time record high, and it was increasing …
China is a complete sh*t show. Their 2008 moment. https://t.co/z9K9spoqBU — QE Infinity (@StealthQE4) December 29, 2024 Bazooka’s and bank recaps. Nothing has worked. Instead, China’s industry is in freefall with deflation threatening to spiral out of control. At the same time, real estate developers are back in the news facing insolvency; a threat that …
The biggest surprise of 2024 wasn’t any election results nor was it the fact central banks worldwide are more desperately accelerating rate cuts as the year draws to close. Or that other governments and officials are resorting to increasing panicky measures to calm markets in their areas. What caught everyone so off guard about ’24 …
These clowns on CNBC seem to not have a care in the world about what’s happening today and for most of December. What value does this network bring to investors? They never discuss downside risks. They only look at the upside to things and offer up stock picks. Useless — QE Infinity (@StealthQE4) December 27, …
Debt crisis in the UK? Remember that this is collateral for shadow banking investments in the US. It's hard without Janet Yellen's support#DXY #UK #DEBT pic.twitter.com/uR4EOmdxKV — Amit Noam Tal (@amital13) December 27, 2024 UK insurances and pension funds crisis [Part 2] Now loading… 💣 https://t.co/syJ6zXIhqL pic.twitter.com/JXX5KHSsPx — JustDario 🏊♂️ (@DarioCpx) December 27, 2024 UK …
Schedule for deceitful q4 reporting/ 2024 :$C Jan 15th $GS Jan 15th $JPM Jan 15th$WFC Jan 15th$BAC Jan 16th — Meyers.™ (@Meyers__MD) December 26, 2024 Trump is being handed a ticking time bomb. Janet Yellen has left his administration with $7 trillion of debt to refinance in 2025 alone. This comes as the 10yr bond …
Turkey has severe inflation problems and a plummeting currency. 22% of their children live in poverty. This is what governments will do to Bitcoin if it becomes a threat to its currency. This is why you shouldn’t be 💯 in Bitcoin. https://t.co/XOsWfqKbn6 — QE Infinity (@StealthQE4) December 26, 2024 If the U.S. government is willing …
"Ottawa Sharpens the Axe" Thousands of federal public servants brace for potential layoffs as Ottawa targets $15.8B in budget cuts. 🪓 pic.twitter.com/IsYAPpTBoa — Shazi (@ShaziGoalie) December 24, 2024 1/ RE/MAX predicts a 5% national price increase in 2025, with GTA real estate maintaining its strength. But numbers alone don't tell the full story. Let’s peel …
10 year bond yield surges up to 4.611% 💀 — QE Infinity (@StealthQE4) December 24, 2024 ⚠️US LEVERAGE LOAN DEFAULTS ARE SKYROCKETING⚠️ US firms are defaulting on junk loans at the fastest pace since the 2020 CRISIS. This comes as firms took MASSIVELY on debt during the low rates environment in 2020 and now are …
We explained the property bubble in China and its many negative implications in 7 episodes here… 2/2https://t.co/43I3QXuRVQ — Alexander Stahel 🌻 (@BurggrabenH) December 23, 2024 ⚠️ JUST IN: *CHINA CENTRAL BANK INJECTS 109.6 BILLION YUAN VIA 7-DAY REVERSE REPOS AT 1.50%: STATEMENT 🇨🇳🇨🇳 pic.twitter.com/PxOkJ2acfp — Investing.com (@Investingcom) December 23, 2024 ⚠️CHINA'S REAL ESTATE CRISIS HAS …
Donald Trump’s multi-billion dollar deportation plan was plunged into doubt over the weekend as 38 Republican rebels defied his demands on the government funding bill. The president-elect faced the first major test of his influence over Republicans in the House in a chaotic few days that narrowly avoided a government shutdown. But it was not …
10 years at least to pay for lockdown. Increasing prices, increased tax, increasing inflation; all forms of tax repayment since Mar 2020 — Rob Moore (@robprogressive) December 20, 2024
As expected, RRPs are down again, now below $100 billion as Fed's rate cut has reduced incentive to park liquidity at this facility; we'll be seeing repurchase agreements ramping up in the New Year and then the '19 repo crisis may repeat: https://t.co/lboowxcZmU pic.twitter.com/8S4dLXHCjb — E.J. Antoni, Ph.D. (@RealEJAntoni) December 20, 2024
"builders are dealing with the most unsold inventory since the Great Finance Crisis" — Darth Powell (@VladTheInflator) December 20, 2024 Home builders across America like Lennar and DR Horton are issuing massive warnings about the US Housing Market in 2025. Most recently, Lennar signaled a big decline in revenue YoY and a huge pile-up of …
This is how we got $36 trillion in debt and $2 trillion annual deficits. They use issues like cancer research funds as a wedge. Then attach Ukraine funding, immunity for big pharma to vaccine injuries and other lobbyist payoffs. They hold popular items hostage so you have to… pic.twitter.com/0jICbidwoo — Wall Street Mav (@WallStreetMav) December …