Independent thinking for complex markets and current events
Toronto’s rental crisis is spiraling out of control. Over half of rental applications are now ensnared in fraud traps, as soaring costs and economic pressures take their toll. The city is witnessing an alarming increase in fake IDs, manipulated credit reports, and counterfeit employment letters. This surge in fraud is wreaking havoc on landlords, with …
The recent downgrade of France’s debt rating to negative by Moody’s has sent shockwaves through Europe, reigniting fears of a potential debt crisis reminiscent of the turmoil seen in previous years. The term “EU debt crisis 2.0” is now being thrown around, warning that the continent might once again grapple with severe financial instability. While …
https://twitter.com/autopsyguy/status/1850133747535925651
The trajectory. pic.twitter.com/7x59bmBk5k — Tuomas Malinen (@mtmalinen) October 23, 2024 Why in the hell are we cutting interest rates? Honestly it’s complete insanity. The bond market hates the idea as you can see by the rising 10 year yield. Inflation is still a major problem and is not under control. — QE Infinity (@StealthQE4) October …
Global Central Bank Liquidity is now on trend, implying we're only 4 weeks away from a crisis. https://t.co/5mEWN5sH0i pic.twitter.com/d4iqi4j5MQ — Financelot (@FinanceLancelot) October 24, 2024 VIX action is operating from a much higher base than the 1H 2024 days. Gaps & dips. pic.twitter.com/w1Tvszo2PV — Don Johnson (@DonMiami3) October 24, 2024 Is it time for a …
There are some warning signs that could indicate an increased risk of an economic downturn or crisis: High public debt: A large and unsustainable national debt can lead to a debt crisis, resulting in high interest rates, inflation, and reduced economic growth. Overvalued stock market: A prolonged period of overvaluation in the stock market, often …
The eye-watering financial cost of the migrant crisis hit $150 billion last year and is causing devastating consequences for residents of hard-hit cities struggling to cope with the influx, The Post has learned. Of that figure, calculated by Washington DC-based non-profit Federation for American Immigration Reform (FAIR), $67 billion came from the federal government, but …
We are seeing the full effects of the debt crisis paradox. And it only seems like a “paradox” from hte perspective of conventional wisdom on the matter. Government debt is indeed bad for the economy, but not AT ALL in the way most people are led to believe or assume. This creates another paradox, one …
China’s balancing act between managing real estate risks and economic growth looks increasingly precarious. TL;DR: China’s deepening real estate crisis is spilling over into the banking sector, raising concerns about financial stability. Property-related loans, though slightly reduced, remain a major risk, with nonperforming loan (NPL) ratios expected to rise significantly. Rural banks are particularly vulnerable, …
NEW: Mark Halperin predicts there will be the biggest mental health crisis in American history if Trump wins, predicts Democrats will resort to violence. Halperin predicts there will be workplace fights and violent protests launched by the left. “I think it will cause the biggest mental health crisis in the history of America. And I …
Germany and Italy continue to grapple with cost-of-living crises that are affecting millions: Germany: Despite inflation slightly easing in 2024, Germans remain deeply concerned about their financial future. According to DW, the rising costs of housing, migration, and daily essentials have led to continued fears, with many feeling that their paychecks don’t stretch as far …
Mark Halperin has better political sources than anyone in media. He now believes Donald Trump is likely to win. If that happens, Halperin predicts the psychological collapse of the Democratic Party — “greatest mental health crisis in the history of the country.” (1:23) The State… pic.twitter.com/YtMTq14T4u — Tucker Carlson (@TuckerCarlson) October 15, 2024
The number of US bankruptcy filings of big companies reached 512 in 2024 through September, the 2nd largest 2010 – only 6 below 2020. Dow jones Update✍️ End game nearing. 2025 ain't gunna be pretty. Market will exhaust all avenues to gather as much of cattle possible before it heads to the abattoir. Who's prepared? …
Small traders are extremely long in US equities. pic.twitter.com/8bD9Ml6fYA — Guilherme Tavares (@i3_invest) October 10, 2024 Approaching Crisis Will Be Biblical pic.twitter.com/0BbOhndOSV — Jron (@Jron73074698) October 10, 2024 Another chart that probably doesn't mean anything for a long-term investor. Right? pic.twitter.com/RbJTLswFyQ — Guilherme Tavares (@i3_invest) October 9, 2024 Valuation is over. pic.twitter.com/MwtkD3EuLz — Guilherme Tavares …
Bay area cost of living is F*CKED. Everywhere you turn, rent’s 2k+, god help you if you want a 2br then it’s close to 3k. Meanwhile, the jobs all wanna pay like 18 an hour. People Are Now on Buyers’ Strike Because Home Prices Are too High: Fannie Mae by Wolf Richter Fannie Mae said …
August, 2020. Joe Biden explains that if his administration just rolls back all of Trump's border security policies, there is a good chance it will cause a border crisis. That's exactly what they did. pic.twitter.com/fZmfYuCh7O — MAZE (@mazemoore) October 8, 2024 Yep! Kamala wants to bring from Lebanon too. WTH? pic.twitter.com/fWT7ZXKLWJ — Sarita (@Saritaregresa) October …
It always amazes me how similar these charts are to the lead up to the 2020 crisis. It's like they used it as a trial run. https://t.co/u8ikkuZAeC pic.twitter.com/7QSS4ykBPb — Financelot (@FinanceLancelot) October 5, 2024 Ask yourself why the Federal Reserve would pull $110B of liquidity out of the banking system in Jan 2020, when they …
“They are on that super nitro debt fuelled real estate bing. The banks in Australia actually prefer mortgage lending above productive businesses lending. The Aussie economy is the sum of its 4 big pillars: “commodities, migration & real estate with a financial sector on top”. That’s it.” They are on that super nitro debt fuelled …
The border crisis has reached a critical point, and the consequences are devastating. Dave McCormick pointedly holds Joe Biden, Kamala Harris, and Bob Casey accountable, declaring that their weakness has allowed the flood of fentanyl to pour into the U.S. Casey, in particular, cannot escape his alignment with Kamala Harris’s open-border policies. Despite knowing how …
Croatian President Zoran Milanovic has refused to approve the participation of Croatian soldiers in a Nato mission to support Ukraine, sparking a heated argument with the Croatian government. Milanovic justified his decision, saying he wants to avoid enlarging the conflict and potentially involving Croatia. Since the start of the war, he has been vocal in …
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way. The average 30-year fixed weekly rate dropped from 6.2% to 6.09% and the daily rate rose …
Retired Border Patrol chief Rodney Scott blew the whistle to the Daily Caller News Foundation on how the Biden-Harris administration allegedly went to great lengths to hide the immigration crisis from the public, just days after a sector chief made similar claims. Aaron Heitke, a former chief patrol agent for the Border Patrol’s San Diego …
California’s film and TV industry is facing a major crisis in 2024, with production levels plummeting. Series production dropped by 30% in the first quarter of 2024 compared to 2022, and on-location filming for reality TV in Los Angeles fell by nearly 57% in the second quarter. The industry, already hit hard by the pandemic …
Christine Lagarde, the President of the European Central Bank, has indeed warned that the global economy is facing pressures reminiscent of the 1920s. She highlighted several factors contributing to this situation, including the aftermath of the COVID-19 pandemic, ongoing geopolitical tensions, and rapid technological advancements reshaping industries. These pressures are similar to those experienced in …
Bipartisan ‘Ships for America Act’ Building Support in Congress, Say Sponsors. A comprehensive bill to restore U.S. shipbuilding capacity, build back its shipyard workforce and crew those ships with American mariners will soon be introduced in both houses of Congress with strong bipartisan support, the chair of the Senate Armed Services Airland subcommittee said Wednesday. …
https://x.com/GuntherEagleman/status/1839015302417269194
China Lehman: Right On Time.https://t.co/q1G4KRaARc — Mac10 (@SuburbanDrone) September 24, 2024 This is the (end of) the China rally. The theory is that China will catch-up with the rest of the world. The truth is the exact opposite. pic.twitter.com/OWvaoiUJpU — Mac10 (@SuburbanDrone) September 24, 2024 Easy Money. pic.twitter.com/UmV8a1mXSM — Mac10 (@SuburbanDrone) September 24, 2024 Evergrande’s …
The SEC accidentally published internal commentary along with a speech by Chair Gary Gensler, which included a recommendation to reassure markets that there was no “imminent crisis”. This internal comment was quickly deleted from the SEC’s website, but not before it was archived. The speech by Mr. Gensler addressed financial crises, bank restructurings, and the …
