Independent thinking for complex markets and current events
The financial landscape is fraught with warning signs as retail investors remain fully invested in stocks, and cautionary voices like market prophet Gary Shilling raise alarms about the precarious nature of the current market conditions. Recent data from the monthly AAII asset allocation report for December reveals that investors are heavily committed to stocks, with …
Jan 3 (Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy. Two of China’s biggest state-owned banks and a leading joint-stock bank …
A chilling resemblance to the Dot Com bubble has emerged as the percentage of zombie firms within the Russell 3000 index reaches alarming levels. Zombie firms, akin to the undead, stagger along, unable to settle their debts, surviving only through the benevolence of creditors and the low-interest-rate environment. This resurgence to Dot Com era figures …
🚨🚨 NEW RENTS IN TORONTO CONTINUE TO PLUMMET DOWN ALMOST $300/mo SINCE AUG FOR A 2 BEDROOM TORONTO HAS THE MOST LEVERAGED LANDLORDS IN CANADA — CASHFLOW CRISIS INCOMING pic.twitter.com/XmUfbUqaiT — Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) January 1, 2024
MARK JUDGE: H.L. Mencken and the Worst Experience I Had as a Journalist. 2024 is the year to get out of journalism. The mainstream press has gone woke, which makes for very boring copy. The conservatives hire through nepotism and the buddy system and produce dull journalists. It’s all angry politics, wokeness, and celebrity stalking. There’s …
CHICAGO IS ON THE VERGE OF COLLAPSE: MAYOR pic.twitter.com/od5EY8AsiA — The_Real_Fly (@The_Real_Fly) December 27, 2023 IT’S OVER: "For many months we were able to keep visualization of this crisis from hitting our streets… But we have reached a breaking point. We are no longer able to do that." pic.twitter.com/CQxIXHruXR — The_Real_Fly (@The_Real_Fly) December 27, 2023 …
Kitco News, Released on 12/26/23 For Part 1 of this interview, CLICK HERE Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Matthew Piepenburg, Partner at Matterhorn Asset Management, who warns of an already broken U.S. regime. Piepenburg says it all starts with a debt crisis, then a currency crisis, followed by social division, weaponization …
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.
In a worrisome turn of events, Ethiopia has become the latest casualty in the escalating global debt crisis, defaulting on its financial obligations. Unfortunately, this is just the tip of the iceberg as the consequences of decades-high interest rates continue to reverberate across the world, putting immense pressure on the global economy. Some of the …
🇺🇸 Small banks cash assets to total assets shrinks. The Fed’s BTFP comes due in March. It’ll be extended. The Fed postpones at the expense of making worse, the consequences of liquidating underwater securities to meet depositor’s demand for their money. Chart: @RealEJAntoni pic.twitter.com/vGFwfMATXd — Alex Joosten (@joosteninvestor) December 24, 2023 the REAL Truth …
Unacceptable! The border crisis is so bad that it looks like a movie scene! pic.twitter.com/0I9rMmmK7J — Matt Wallace (@MattWallace888) December 24, 2023 No signs of slowing down https://t.co/alknNTyGNt — Blake (@_BlakeHabyan) December 23, 2023 "Non-US Citizens Without Passports" Yes, this is a real line for people boarding domestic flights in Tucson Airport. The same regime …
Revised GDP at 4.9%, market distrust raises concerns of an imminent asset crisis. 🚨 US 🇺🇸 GDP came out at 4.9%, revised down from 5.2%. How do you justify lowering interest rates to stimulate the economy when the data shows the economy doesn't need stimulating? ⚠️ At the same time, US 10Y Treasury Note yield …
by mark000 Start of June 1929 DJIA was 300. Start of September 380. That’s a 25% gain in 3 months. A full blown delusional manic meltup. Then the worst crash ever in October and by mid November the DJIA was 50% below the September all time high. Outlook is as doomish today. Europe and China …
In recent times, the nation has found itself engulfed in a sprawling and seemingly uncontrollable migrant crisis, casting a shadow over the entire country. The question on everyone’s mind remains: What measures are being taken to address this burgeoning issue? Reports are pouring in, revealing the disconcerting scenario at the Phoenix Airport, where illegal migrants …
Gruesome Newsom Orders Commiefornia Spending Freeze Legal Insurrection readers may recall that I reported on California’s staggering $68 billion deficit, caused by an “unexpected” economic downturn. What is truly unexpected is that Gov. Gavin Newsom’s administration has just ordered a state spending freeze. In a memo sent across California agencies and departments this week, the director of …
by cervantes__01 ’08 should have been a complete collapse of asset bubbles.. instead of allowing it all to clear out, central banks started inflating the money supply via debt to catch freefalling assets and to re-inflate them to make debtors solvent. They printed far too much for far too long.. more and more debt = …
The only political party in Germany that is fighting against the fake refugee invasion is AfD (Alternative for Deutschland). They are rapidly rising in German polls. In the last election they were the 5th largest party. They are now polling as the 2nd largest party. In some… https://t.co/quLGyWLHF7 — Wall Street Mav (@WallStreetMav) December 13, …
Chinese borrowers default in record numbers as economic crisis deepensMore than 8mn people are blacklisted by authorities after missed payments on mortgages and business loans. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus… pic.twitter.com/SOXOR3tX01 — floridanow1 (@floridanow1) December 13, 2023 China's Real Estate Market suffered an 81% …
In a distressing revelation, the Federal Reserve anticipates three rate cuts next year, acknowledging the challenge posed by persistent inflation. The economic engine falters as demand plummets for homes, vehicles, and goods, painting a grim picture of financial distress among Americans. Once deemed a lifeline, credit cards are now avoided, sinking below pre-pandemic levels. Soaring …
🚨 NOW – NYC Mayor Eric Adams Says More Budget Cuts Could be Coming Due to the Migrant Crisis "That's what's so frightening about this. I saw it down in South America when I saw the level of people who are coming here, the continuous destabilization of Venezuela. What we're… pic.twitter.com/OBmDVtehrV — Chief Nerd (@TheChiefNerd) December …
.@algore: "There is a mental health crisis around the world, I think that one of the main reasons for that is that young people look at the fact that we are not yet solving the climate crisis" pic.twitter.com/d9sogbEpcW — Tom Elliott (@tomselliott) December 10, 2023 Global warming charlatan Al Gore appeared on CNN on Sunday …
Times are tough, and we’re breaking down the impact on individuals and the auto industry.
by Michael We tend to think of the global food crisis as something that is happening on the other side of the world. And it is certainly true that there are vast hordes of impoverished people that are desperate for food in other areas of the planet right now, because hunger is spreading like wildfire …
No one can afford mortgages except the rich. Even upper middle class people can’t afford them now. It’s ridiculous. Pending home sales drop to a record low, even worse than during the financial crisis https://t.co/IP4AWS5sdW — Eldredge Woodworks of Cape Cod (@Josh_Eldredge_) December 1, 2023 Pending home sales, a measure of signed contracts on existing …
by HighYieldLarry In America, the crisis is never over because it’s never solved. It is just patched and kicked down the road.
Deutsche Bank (DB) has dealt a significant blow to Germany’s economic outlook, reducing its 2024 GDP forecast by a substantial 0.5 percentage points to -0.2%. The revision follows a budget crisis triggered by a Constitutional Court hearing, pointing to low growth exacerbated by challenges within the German legal system. DB’s explanation for the downward adjustment …
A crisis looms over China as alarming signs of economic distress emerge. Despite official claims, the job market’s true fragility is exposed by online listings and household surveys, painting a grimmer picture. Adding to the ominous scenario, China is contemplating unsecured loans for real estate developers, marking an unprecedented move with potentially catastrophic consequences. As …
