Independent thinking for complex markets and current events
Edward Dowd, Founding Partner of Phinance Technologies, says the clock has started counting down towards a global debt crisis. Dowd tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, that the U.S. banking sector is in store for more stress, warning that the next crisis will trigger massive consolidation, leaving only around eight banks …
Current approaches towards homelessness don't seem to be workinghttps://t.co/evUX5IYhf6 — The Rabbit Hole (@TheRabbitHole) September 22, 2024 CORRUPTION: US homelessness explodes after hitting record last year as migrants flood streetshttps://t.co/H5rarsVX0s — @amuse (@amuse) September 22, 2024 Give a problem to the government and they will make it worse while spending billions of our dollars. There …
Democrats, Kamala Harris & Gavin Newsom Say Crime Is Down California Sheriff says they’re lying “We are here today because California public safety is in crisis. Crime is steadily on the rise and our public safety policy is one of the worst, if not the worst in the nation. I wanna make this clear and …
None of what I write in this newsletter is about sowing doubt or “hating,” but a sober evaluation of where we are today and where we may end up on the current path. I believe that the artificial intelligence boom — which would be better described as a generative AI boom — is (as I’ve …
Multi-family delinquency rate pic.twitter.com/Ygj4URgZVt — Will DeCotiis (@Will_DeCotiis) September 19, 2024 2/ The recent unemployment rate came in at 4.2% Showing signs of a weakening labor market This has begun to spark recessionary concerns pic.twitter.com/Ig9umKI2aH — Bravos Research (@bravosresearch) September 19, 2024 4/ The Sahm Rule is a recession indicator developed by economist Claudia Sahm …
100% Banks are sitting on over $600B of unrealized losses — Vimos_crypto (@Vimos_crypto) September 17, 2024 "The global economy is past the cyclical peak as it decelerates from its above-trend momentum on a slew of weaker-than-expected economic data." – BofA Samadhiya pic.twitter.com/X9nbWAO8MV — Win Smart, CFA (@WinfieldSmart) September 17, 2024
Eric Adams, New York City’s swaggering, stylish mayor, has never shied away from his ties to people with checkered pasts. He has defended mentoring a Rolls-Royce-driving bishop with a rap sheet, appointing a friend implicated in a past corruption probe as a top aide in his administration, and dining and partying with felons. “I’m perfectly …
2/ Oct 2007: Gold made a new ATH aftr 1.5 years Soon after, the unemployment rate began rising rapidly And economic growth slowed down This ended in the 2008 Financial Crisis pic.twitter.com/Wybfid9wfx — Bravos Research (@bravosresearch) September 13, 2024 4/ Today, Gold has once again made a new ATH And Silver has also been moving …
Hui Ka Yan, chairman of China Evergrande Group, has been moved to a special detention center in Shenzhen, as the property giant faces a crisis. He has not been publicly seen since his detention a year ago. Evergrande’s liquidation and securities fraud scandals highlight China’s property sector’s troubles Despite his previous status as China’s richest …
There are almost 7,000,000 people in United States with delinquent student loans right now that have been shielded from taking a hit on their credit score from not paying. But starting October 1, 2024 that’s all over with and taking a hit on your credit score at a time when interest rates are high can …
The auditor of $NVDA – just saying… https://t.co/df6mWbwhIo — JustDario 🏊♂️ (@DarioCpx) September 12, 2024 #JustDarioDaily ⚠️ HOW LONG WILL THIS BUBBLE LAST? IT LOOKS LIKE TILL Q1-2025 ⚠️#stocks #markets #macro Article 👇🏻https://t.co/yAssFB2T3L — JustDario 🏊♂️ (@DarioCpx) September 12, 2024 At least he’s consistent. Look what happened when he bought Conoco in 2008 because he …
Money is pouring into Chinese government bonds. The buying has bid up prices and forced yields down to near record lows. The move has upset the Peoples Bank of China (PBOC), which has expressed considerable concern over what will happen to China’s financial stability when the rally reverses and people, especially banks, suffer losses. Behind …
Ohio Governor is now sending State Troopers and millions in funding to Springfield, Ohio to deal with the illegal alien crisis The media coverup just imploded on itself https://t.co/WbMvP0WpUJ — DC_Draino (@DC_Draino) September 11, 2024 HEARTBREAKING: Springfield woman sobs after her mother-in-law was killed by a Haitian migrant. "Everyone is talking about the death of …
It's begun.🚨 https://t.co/1ZDz6IjTuD pic.twitter.com/oCX919kehw — The Great Martis (@great_martis) September 10, 2024 https://twitter.com/1CoastalJournal/status/1833539145693860007 Music is starting to slow. 2008 was the appetiser. 🍽️ pic.twitter.com/grxUzB3JBK — The Great Martis (@great_martis) September 10, 2024 Don't be alarmed; it gets much worse. https://t.co/QjLHssO2dm pic.twitter.com/qzuHC3RQbT — The Great Martis (@great_martis) September 10, 2024
China’s meteoric rise to become the world’s second-largest economy could be facing a major stumbling block, with forecasts indicating that Premier Xi Jinping may not be able to stem the tide of economic woes beleaguering the nation. The implications of China’s economic predicament are extensive, posing risks not only to its substantial population of 1.4 …
A new report finds that Social Security recipients face a 21% cut when a crucial trust fund that’s on pace to be depleted in 2033 runs dry and that neither of the leading contenders in this year’s presidential election has articulated a plan to stabilize the program. The nonpartisan Committee for a Responsible Federal Budget …
https://www.youtube.com/watch?v=LN9KaSQMQvA The United States is grappling with an unprecedented financial crisis, with up to 50 million Americans defaulting on their debts. This has triggered significant disruption in the nation’s credit system, causing widespread economic instability. Lenders are scrambling to contain the fallout, while consumers are overwhelmed by growing debt. Although the American economy has weathered …
A Japanese researcher, using current declining birth rate trends, calculated that the last living human will be born in roughly 990 years. We have approx. 33 more generations until we are extinct. 30 years a generation times 33 generations = 990 years. — KC Crypto (@KC_Crypto_J) August 31, 2024
Kamala: "The climate crisis is real that it is an urgent matter to which we should apply metrics that include holding ourselves to deadlines around time." pic.twitter.com/xjTVwcUfLZ — Greg Price (@greg_price11) August 29, 2024 JUST IN: The “big interview” with CNN is only going to show 18 minutes… LOL I wonder what they had to …
JUST IN: 🇺🇸 Warren Buffett sold another $981 MILLION shares of Bank of America. ‼️Buffett now holds $278 Billion in CASH and selling stocks like never before, including Apple. He's getting ready for a crash… pic.twitter.com/XUkxj3whAd — Radar 𝘸 Archie🚨 (@RadarHits) August 28, 2024 The Buffett Indicator (Total US Market Value/GDP) is a ballpark measure …
by notayesmanseconomics This morning I noted something which raised a wry smile. It covered what are important economic topics as well as an issue I have campaigned on for more than a decade now. The Financial Times has put it like this. Britons with mortgages and renters have been hit by inflation more severely than …
Banking crisis ⚠️ 🔥 Spot fires for now. The global bushfire (financial crisis) will be biblical. https://t.co/1g8fUsLI99 — The Great Martis (@great_martis) August 27, 2024 BREAKING: After Dumping 55% Of His Apple Stock, Warren Buffett Sells 5 Billion In Bank Of America Stock, Signaling Coming Banking Crisis@kirkelliottphd pic.twitter.com/S383o77iEj — Alex Jones (@RealAlexJones) August 28, 2024 …
The real issue is oil prices in Yen, not just the Yen itself. The situation is far from over. — Ashok Mishra ⭐ 🇮🇳 (@ashok0220) August 26, 2024
By Metal Miner Several countries, including Malaysia and India, have initiated anti-dumping investigations into cheap steel imports, primarily from China. India has become a net importer of steel, with a significant surge in imports from Vietnam. China’s steel industry is facing a potential crisis, with the possibility of increased exports exacerbating global trade tensions. Via Metal Miner …
Deep State crisis meeting after RFK Jr. joined forces with Trump. pic.twitter.com/swM7O8dxCi — Kim Dotcom (@KimDotcom) August 24, 2024
https://www.youtube.com/watch?v=-QvAdTYMPJI Millions Are Seriously Struggling Now After Credit Crisis Worsens. The U.S. economy is facing a severe credit crisis, as 75 million people have stopped paying their debts, according to a recent report by the Consumer Financial Protection Bureau. The report reveals that millions of Americans are struggling to repay their loans, mortgages, credit cards, …
https://twitter.com/FinanceLancelot/status/1826800230911934687 pic.twitter.com/kjGOfTh9Fe — Financelot (@FinanceLancelot) August 23, 2024 "Housing supply is surging as a record number of buyers get cold feet amid sky-high prices" uhhhhh oh pic.twitter.com/nYAOp902BC — Darth Powell (@VladTheInflator) August 22, 2024
by confoundedinterest17 That’s Biden/Harrisnomics! US Leading Economic Indicators down for their 29th straight month – at a level worse than the trough of COVID lockdowns… …and the head of The Conference Board says ‘nothing to see here’… “The LEI continues to fall on a month-over-month basis, but the six-month annual growth rate no longer signals …
Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks’ balance sheets The $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since the 2008-09 financial crisis. The seven banks involved in the deal, including Morgan Stanley and Bank of America, …
According to data, New York City officials’ receipts show that almost $5 billion has been spent on services for illegal aliens, including $2 billion just on housing. The city has housed, clothed, and fed close to 212,000 foreign nationals who have illegally entered the United States through the Southern border, which makes it the hardest …