A hub for independent voices and hard truths
“_Microsoft expects to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post. Over half of Microsoft’s $80 billion in spending will take place …
Economic data keeps surprising to the downside!! Citi Surprise Index 👇 pic.twitter.com/DPdKUV0ji2 — James E. Thorne (@DrJStrategy) December 29, 2024 They are currently 10 million Americans who are delinquent on their student loans. On January 1, they are going to …
https://twitter.com/Jeremy_Sartor/status/1873157159288226035
And this is why CPI versus reality is so out of source. Our premiums go up more than 10% and closer to 20% every year. Nonsense data. — Daniel Newman (@danielnewmanUV) December 27, 2024
And they’re fixing to go even higher in California in 2025… Gasoline Taxes, Water and Sewer Rates, Natural Gas and Electricity Rates, and God knows what else… Ain’t Democratic Communism Great? pic.twitter.com/S88uc5bn75 — Scott Langhoff (@67868DV) December 16, 2024
Today's hotter-than-expected #inflation data, following similar news yesterday, is putting more downward pressure on #gold. But gold will soar when investors realize the Fed will keep cutting rates despite inflation, and return to QE, sending both inflation and gold much …
Elon Musk’s DOGE Dept. to Start Downsizing Government: 14,000 Federal Employees Accessed Americans’ Private Financial Data Over 3 Mill Times to Target Trump Supporters A new report by the House Judiciary Committee exposed how more than 14,000 federal employees accesses …
Federal law enforcement has been manipulating the Suspicious Activity Report (SAR) system to gain access to Americans’ financial information without warrants or probable cause , the House Judiciary Committee said Friday. The panel and its Subcommittee on the Weaponization of …
China is trying to establish a domestic GPU market The idea is to steer away from reliance on sanctioned Nvidia GPUs However compatibility and cost is causing significant issues US export restrictions have targeted China’s access to advanced chips, fearing …
Important updates around the world in terms of global trade, including a sharp drop in American exports and imports. What all of it means for the short run as far as cyclical indications as well as what the long run …
by Ethan Huff The political establishment is in an uproar over a recent telecommunications industry security breach that was supposedly caused by a hacking group tied to the Chinese Communist Party (CCP). Sen. Mark R. Warner (D-Va.), chair of the Senate Intelligence …
These buyers made a huge financial mistake and eventually they face a choice: Either suck it up and keep paying the mortgage for 30 years, get foreclosed on, or just decide to walk away from the house. People bought houses …
Exactly and when someone gets caught, it’s NOT the first time. — Lucy, nurse for the people not profits. (@LucciaorLucy) November 11, 2024
CNBC:The wave of young people buying homes will be a tailwind for builders https://www.axios.com/2023/11/20/american-housing-market-older-homeowners-2023 h/t stockpreacher
Its not that they lie about the data, they don't know how to do the data anymore — axcilla (@axcilla) July 25, 2024
The Mel Rule, which is based on state-level data, has been triggered, indicating a potential recession. This rule is similar to the Sahm Rule, but it focuses on state-specific unemployment rates. When state-level unemployment rates rise by 0.5 percentage point or more …
Federal Reserve Bank of San Francisco President Mary Daly has indeed warned that the U.S. labor market is approaching an inflection point. She emphasized that further slowing in the labor market could lead to higher unemployment. While the labor market has adjusted slowly so far, …
Major US cities are incorporating cameras into streetlights and traffic lights, reminiscent of China’s surveillance system. In China, these cameras are used to enforce strict regulations like jaywalking, capturing detailed data including genetic information and photographs. Offenders face immediate fines …
Fast food menu prices purportedly outpace inflation since 2014, but skepticism arises due to perceived inaccuracies in CPI data manipulation. Affordability strains are evident, with a significant portion of Americans sacrificing meals, vacations, and medical treatments to meet housing costs. …
Japan’s Yen Intervention Strategy Faces Test From US Data "Kanda’s former boss at the finance ministry, Tatsuo Yamasaki, said this week that Japan is ready to step in as soon as the yen falls beyond its current range"https://t.co/KFAwYm6xAU pic.twitter.com/eYGukkLe2P — …
Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s …
View post on imgur.com by Karl Denninger 2024-03-21 07:00 No Sir, There Are No Rate Cuts The market’s reaction to the Fed Rate decision is utterly insane. Obviously the market thinks rate cuts are imminent. There’s no evidence for this …
The parabolic surge in Nvidia shares began when the group stunned Wall Street with a revenue forecast that exceeded analysts’ forecasts by as much as 75%. But it is now starting to show cracks in its exterior. Nvidia shares are …
Big day for the markets tomorrow Inflation numbers come out at 8:30am EST Previous reading = 3.1% Predicted reading = 3.1% pic.twitter.com/ppUYbp9G8D — Bravos Research (@bravosresearch) March 11, 2024 Shorts are covering ahead of CPI tomorrow. However, CPI last month …
FIRST ON FOX: A new report from the House Judiciary Committee and its Weaponization Subcommittee revealed that the federal government conducted “broad” and “unjustified” surveillance of Americans’ private financial data through financial institutions, while suggesting banks use information from anti-conservative …
“Yesterday Challenger reported 82.3K layoffs in Jan., the worst January since 2009, excluding 2023. Wed. ADP reported just 107K #jobs created in Jan. Today the Govt. reported 353K jobs created in Jan,. smashing expectations of 170K. Do you believe the …
Report: During Spring Banking Crisis, Banks Borrowed Over $1 Trillion from Federal Home Loan Banks — $100 Billion More than During the Crash of 2008 By Pam Martens and Russ Martens: November 8, 2023 ~ Yesterday, the regulator of the Federal …
by Quant2011 India and Poland. Yes, China, Russia, Turkey and Uzbekistan added a lot of gold too- but they got this gold from their own mines. They were not forced to buy that gold from other nations. This little aspect …
via yahoo: “Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the company said in its new policy. X doesn’t define what it considers biometric, though other companies have used the …
