Independent thinking for complex markets and current events
The affluent U.S. island beloved by the Obamas – and favored in summer by hordes of the rich and famous – is facing a housing shortage that has gotten so severe it is ‘threatening public safety’ for its residents. Staggering seasonal rents – averaging nearly $1,000 a night – are forcing regular workers, including restaurant, …
by Michael Over the past three years, millions of migrants have come pouring into this country looking for a better life. They were promised that things would be so much better once they got here, but for so many of them that has turned out to be not true at all. There just aren’t enough …
The burden of debt on American households has reached staggering levels. As of 2024, U.S. households carry a colossal debt load of 17 trillion dollars. This debt bubble continues to expand, fueled by factors such as rising interest rates and inflation. Let’s delve into some key points: Household Debt Surge: In the last quarter alone, …
The S&P 500 has gone 377 days without a 2.05% sell-off. That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC. This market lull comes as investors pile into megacap tech stocks, such as Nvidia, amid bets that artificial intelligence will boost profits. Wall Street’s climb …
https://www.youtube.com/watch?v=WERFY50cJt4 The financial situation in the United States is experiencing a significant change as major banks are selling off assets at an unprecedented rate. This move is caused by the imminent commercial real estate crisis, bad loans, and high interest rates. This situation is not just a financial maneuver but a response to deep-seated issues …
US labor market is only strong in the headlines: 1.5 million Americans lost their full-time job in just 6 months. Meanwhile, the BLS and Media Headlines: The US economy has been adding jobs for 40 straight months. Truly incredible.https://t.co/aBnhvZ4VI6 — Global Markets Investor (@GlobalMktObserv) June 18, 2024 Magic, pure magic pic.twitter.com/p914IlcsCP — Michael A. Arouet …
The yen seems to be slipping again. How long until the plunge protection team springs into action? pic.twitter.com/vqqqzfvCaw — Plumb Mad🇷🇺 (@Jimstonewall) June 18, 2024 また始まった🥲🤷🏻♂️ $JPY https://t.co/XcPGgy52CD — JustDario 🏊♂️ (@DarioCpx) June 18, 2024 🚨BREAKING: #Norinchukin loss for 2024 fiscal year expected to increase from ~7bn$ to ~9.5bn$ This number is aligned with the …
Commercial properties are crashing and loans are coming due. Most of these loans will not be replaced at much higher rates and the properties will be foreclosed on driving prices even lower creating a “financial contagion”. Bank exposure is over $1T. Phase 2 is nationalizing the banking system and roll out of CBDC. Video is …
In this eye-opening video, financial expert Mike Maloney discusses the imminent threat of another banking crisis, potentially hitting before the upcoming election. On June 3rd, a severe volatility glitch rocked the New York Stock Exchange, impacting major stocks like Berkshire Hathaway. Mike delves into recent monetary policy changes, including interest rate cuts by the European …
BANKING CRISIS Worsening! Another 100mill rescue. From 0 to 100 million in bailouts, (every couple weeks) soon this will be in the billions. Won't be long. pic.twitter.com/D9lAQeshFv — The Great Martis (@great_martis) June 13, 2024 Stocks are about to do something completely crazy Buckle up pic.twitter.com/g8fcsjrBbD — Bravos Research (@bravosresearch) June 14, 2024 Pay attention. …
The recent events in Baltimore are indeed concerning. Large groups of teenagers taking over the city and causing disruptions can create an unsustainable situation. It’s crucial for local authorities and community leaders to address these issues promptly and find effective solutions to maintain safety and stability. Baltimore is a city in crisis. I’m still not …
No ED/ER beds available. Patients are kept in the ambulances waiting. Adelaide is a pleasant city pop 1 million, low crime rate. South Australia's ramping crisis is now the worst it has ever been, new data shows. Ambulances spent 4,773 hours ramped outside hospitals in May. Details on more hospital beds being built in 7NEWS …
Unlikely state becomes America’s surprising new cancer epicenter – as experts hone in on five factors causing ‘public health crisis’ Researchers studying a sharp rise in cancers in Iowa have honed in on a number of factors that have made the state America’s unlikely epicenter of new cases. The state has the fastest growing rate …
The landscape of US commercial real estate (CRE) is facing unprecedented challenges, with prices plummeting 21% from their 2022 peaks. The latest figures reveal a staggering milestone: the US office vacancy rate has surged to a historic high of 19%, eclipsing levels observed during the financial crises of 2008 and 2020. To put it starkly, …
Vladimir Putin is rattling sabres with a veiled threat to spark a new Cuban Missile Crisis by suggesting he could deploy weapons of mass destruction globally to needle the West, experts have sounded the alarm. On Wednesday, the Russian leader hinted at arming Western adversaries in response to NATO allies supplying Ukraine with arms that …
The FDIC Quarterly Banking Profile for the first quarter of 2024 provides insights into the financial health of FDIC-insured institutions. Here are some key points: Net Income: The banking industry rebounded in the first quarter, with net income increasing by 79.5 percent from the prior quarter. Community banks reported a quarterly increase of 6.1 percent in net income. …
Approximately $929 billion of the $4.7 trillion outstanding commercial mortgages held by U.S. lenders and investors are set to mature in 2024, marking a 28% increase from the $729 billion that matured in 20231. Additionally, regulators have identified the near $6 trillion pile of outstanding commercial real estate loans as a top threat to the financial system …
Consumer spending is collapsing. This chart is just ugly. Stimmies are drying up and inflation continues to pressure spending. Never forget: Consumer spending represents 70% of the economy. pic.twitter.com/tTPeM1fKMp — QE Infinity (@StealthQE4) June 2, 2024 Savings Depletion: Many households have been drawing from their savings, which may not be sustainable in the long term. The …
WHO Director-General: "The climate crisis is a health crisis." 🤡 "Climate-related humanitarian emergencies are increasing in scale, frequency and intensity. Climate action could save millions of lives each year." "We also need to invest in health and care workers to meet the… pic.twitter.com/YyQPqH30tX — Wide Awake Media (@wideawake_media) June 2, 2024 Strategic Roundtable unites global …
Banking sector is 🚮 — Sam Smith (@Sam65488) May 29, 2024 It appears that the banking sector is facing significant turmoil, with Bank OZK’s substantial loan exposure of $915 million, particularly concerning. The potential default on $135 million allocated for ‘Echo Street West’ in Atlanta underscores broader fears about the sector’s leverage levels. This news …
After more than two decades in the industry, Keith Dunkerley still loves nothing more than working on a set. The 47-year-old director of photography and camera operator, who’s had consistent work since he moved to Los Angeles 23 years ago, said his is “the best job in the world.” Since the writers’ and actors’ strikes …
BANKING CRISIS 2.0 🚨 Upcoming Chart forewarns . pic.twitter.com/bK0OlXfju3 — The Great Martis (@great_martis) May 26, 2024 https://twitter.com/wallstreetcar/status/1790083672692965668 We're going to see a banking crisis, the likes of which we have never seen in modern history.' -Gerald Celente warns the US is on the verge of an unprecedented banking crisis that will send the economy …
Fast food prices have skyrocketed under the Biden administration, outpacing grocery bills and gas prices, according to Axios. Since before the pandemic, prices have surged by 31%, while average hourly earnings have only climbed 25%. It’s the cost of living crisis, plain and simple. Biden, the Democrats, and the media seem oblivious to the fact …
Police union leaders are sounding the alarm, warning the public that the city isn’t safe. Hunt expressed grave concerns, saying he wouldn’t let his wife or kids walk down the streets of Houston at midnight under any circumstances. The safety of the city’s residents is at risk, demanding urgent attention and action to restore a …
Ranchers are warning that our food systems are in great danger right now. Cattle production has plummeted to the lowest point in decades, and new diseases are rapidly spreading across U.S. beef cow herds, which is threatening our entire food supply chain. This is the sign for you to start stocking up on basic staples …
1) Austin's housing market is a cautionary tale about what can happen in "boomtowns". Everyone moves in. The prices surge. Builders start pulling too many permits. And then, sooner than you know, the market flips. And inventory gets dumped onto the market as demand and prices… — Nick Gerli (@nickgerli1) May 24, 2024 2) You …
WASHINGTON — Why should he have to do it? White House press secretary Karine Jean-Pierre offered a stunning defense Wednesday of President Biden’s refusal for more than three years to use executive powers to tackle the US-Mexico border crisis — after a reporter asked, “Why isn’t he doing anything?” “Why should he have to do …
Canada is facing a worsening housing affordability crisis as the country experiences an unprecedented surge in population growth. According to Statistics Canada labor force data, the working-age population has increased by a staggering 411,400 people in the first four months of 2024, a 47% increase compared to the same period in 2023. National Bank economists …
The economic landscape has been severely impacted by a multitude of financial issues, starting with the credit crisis and credit crunch, which have led to significant credit tightening measures. The federal reserve has been actively monitoring the situation, as highlighted in The Atlantis Report, which sheds light on the stringent bank lending standards and increasing …
