Independent thinking for complex markets and current events
🔊 … Are we already in a "Silent Depression"? If you look at the comparison in data between now and the Great Depression, the argument can be made that we are already in one. And this assumes that the inflation numbers for the past 90 years were accurate, which we all know… pic.twitter.com/l8NAwQ75xf — Wall …
Small Businesses are now paying 10% on short-term loans, the highest level in more than 22 years pic.twitter.com/CFsSysV9zD — Win Smart, CFA (@WinfieldSmart) October 24, 2023
by ChampionshipUsed9855 Long-term Treasury rates increased from 3.5% to 5% during last 6 months. It may push long-term inflation above current expectations. US government has debt of 120% GDP and duration of 7+ years, therefore this 1.5 percent increase in long-term interest rate will increase interest payment by 1.8% GDP. It may look tiny, but …
The US will build a "new world order" – Biden The current system has "run out of gas," the president told his supporters. pic.twitter.com/LvZHM4Y3no — Sprinter Press (@SprinterPress) October 21, 2023
2/ Oil prices increased from $3 to $30 per barrel between 1970 and 1982 During that time, US home prices tripled, going from $22,000 to $66,000 pic.twitter.com/56xqUpxGpA — Bravos Research (@bravosresearch) October 19, 2023 4/ Many economists suggest that inflation is following a similar path to the 1970s Back then, there were 3 waves of …
The situation is getting serious as banks are experiencing one of the sharpest declines in lending activity ever recorded. This means they’re not lending money as readily as before. At this rate, we might be heading towards a “credit event,” which essentially means a big problem in the world of credit and lending. Moreover, banks …
The public focuses on the stock market but this bond market is much more important to the economy. There are major consequences for all the banks who hold Treasury Bonds. The level of unrealized losses has probably gone through the roof and possibly hundreds of banks are technically insolvent if they had to mark their …
Record-High Household Debt: The fact that household debt in the U.S. has reached $17.1 trillion is alarming. High levels of household debt can strain individuals and families, making it difficult for them to manage their finances and save for the future. Mortgage Debt: The record $12.0 trillion in mortgage debt indicates a growing burden on …
The Census has an easily accessible program called QuickFacts that gives a snapshot of cities, towns, etc with lots of data. Most importantly, it gives the population. As of 2022. Since much of the subsequent info QuickFacts provides will be in percentages, the current or most recent population number is important. It’s gone for Lahaina. …
by DesmondMilesDant Only a few months left before this thing blows up. This chart shows the total loan assets funded by FHLB at $348,731,000. This is in contrast to Schwab’s current available assets at $325,993,000. To put context to how critical the situation is for Schwab, the only bank overextended to this degree was …
1. Adjusting for inflation, home prices are up 118% since 1965, while median household income has increased by just 15%. (2/9) pic.twitter.com/NeogOIDjIu — The Kobeissi Letter (@KobeissiLetter) August 21, 2023 Worrying Sign Not Seen Since the Great Recession: Mortgage Rates Could Hit 8% Mortgage rates exceeding 7% are straining the U.S. housing market with potential …
For the first time in history, the median monthly mortgage payment is nearing $3000/month. Mortgage rates are now at their highest since 2002. Inflation has made many basic necessities into unaffordable things. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 20, 2023 https://t.co/iEvXXZxXfn — Win Smart, CFA …
Javier Milei, a libertarian, is the current favorite to win the presidential election in Argentina. I can see why. pic.twitter.com/M7qBiP50gr — Count Dankula (@CountDankulaTV) August 17, 2023 https://twitter.com/_/status/1692261167832477939 🇦🇷 In Argentina the tax burden represents +/- 50% of the price of goods and services. Social welfare plans have grow 657% since 2002. Presidential candidate Javier …
The US national debt will grow by at least $5.2 billion a day over the next ten years At the same time, public debt will grow faster than the entire economy of the country, and in 2033 it will reach at least 118.9% of US GDP against 98.2% this year, Bank of America analyst… — …
Full 20 min interview : (26) Bill Gross on Bond Yields, Regional Banks, Opportunities – YouTube h/t DesmondMilesDant
Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to inflation, rising energy costs could have a… pic.twitter.com/fBZ60dhWlO — Otavio (Tavi) Costa (@TaviCosta) August 11, …
https://www.youtube.com/watch?v=91gXUl1E-Sc Have you noticed that delivery delays are becoming a lot more frequent recently? That’s because a new set of supply chain disruptions are impacting the shipping and trucking industry right now. Both maritime and road transportation companies are facing labor and capacity issues, increased costs, and bankruptcies in recent months, and these problems are …
by Hephaestus4 Almost $1 trillion in interest payments now, compared to $1 trillion in debt from 1783 to 1981. US INTEREST TO SERVICE NATIONAL DEBT APPROACHES $1T * pic.twitter.com/EMFEWoCAw9 — The_Real_Fly (@The_Real_Fly) July 28, 2023 The fiscal deficit in the US is already at nearly 7% of GDP and only set to get bigger! pic.twitter.com/ui2kpW9OmL …
https://www.youtube.com/watch?v=qiJhi3vAv4Y The majority of U.S. renters are in danger of losing their homes this year without even knowing about the risks they’re facing. At this point, protection programs have expired, prices have ballooned and the number of evictions is rising at an alarming pace all over the country. In many cities, eviction filing rates have …
Jul 1, 2023 Anheuser-Busch’s CEO has failed to fix the Bud Light crisis. He must quit NOW and let someone else right this sinking ship… for the sake of ordinary Americans’ 401(k)s, says brand’s ex-president of sales ANSON FRERICKS!
“The BlackRock Inc. co-founder, chairman, and chief executive officer has become one of the industry’s most important government whisperers. In contrast to other influential financiers who’ve built on ties to President Trump, Fink possesses a power that’s more technocratic. BlackRock, the world’s largest money manager, can do the things governments need right now.” This is …
