A hub for independent voices and hard truths
January 14, 2025. The report shows that the prices for final demand goods increased by 0.6% in December, which was in line with expectations. The 9.7% jump in gasoline prices significantly contributed to this overall increase. Here’s a detailed breakdown …
by Mike Maharrey For the first December since 2019, gold-backed ETFs globally reported net inflows of gold. Asian funds drove the global increase in ETF gold holdings to close out 2024. On the year, ETF gold holdings dropped modestly by …
In late December 2024, BlackRock and other major investors participated in a $6 billion Series C funding round for Elon Musk’s AI company, xAI. This substantial investment is aimed at accelerating the growth of xAI’s artificial intelligence infrastructure and product …
Chinese automaker BYD Co. (1211.HK, BYDDF) has shattered its 2024 sales targets, delivering 4.27 million electric vehicles — a 41.3% leap from 2023. The company also hit a monthly sales record in December, posting 514,809 units sold. https://finance.yahoo.com/video/chinas-byd-sells-over-500k-150001986.html
From my perspective, the main takeaway is that Fed liquidity has been locked into a “stair-stepping downwards” pattern since April 2024. Starting from a new lower base at the beginning of every quarter. The “stealth QE” that occurred during 2023 …
These clowns on CNBC seem to not have a care in the world about what’s happening today and for most of December. What value does this network bring to investors? They never discuss downside risks. They only look at the …
Option skew has only hit 180 once in history. That was today. The next highest level was 174 in early December. Eight out of the top ten skew readings in history are now in December. Every reading above 170 is …
This chart is eye-opening: The S&P 500 has seen modest growth in corporate earnings compared to its notable price appreciation since 2023, the year where, among other things, ChatGPT was released. pic.twitter.com/N03i8gn7Bs — Otavio (Tavi) Costa (@TaviCosta) December 23, 2024 …
by Tom McClellan December 20, 2024 Back on Nov. 14, 2024, I noted in a Chart In Focus article that the current market’s price path was looking a lot like both 1964 and 1980. It seems appropriate to review the …
by Martin Armstrong QUESTION: You said the computer does not support a bullish view of Trump taking office. Do you know why the computer is showing so many indexes are rolling over to the downside? John ANSWER: I strongly suggest that …
Adam Schiff officially resigns from the House effective Sunday. He’ll be sworn into the Senate on Monday alongside Andy Kim pic.twitter.com/VyYdGg6dXZ — Andrew Desiderio (@AndrewDesiderio) December 6, 2024 Serial liar and Trump-Russia collusion hoaxer Adam Schiff officially resigned from Congress …
Picture this: a quarter of your home’s value – gone by December. It sounds impossible, right? But across the U.S., we’re seeing the housing market shift in ways few could have predicted. The question is…how deep will it go? 2024 …
House Speaker Mike Johnson announced a temporary agreement that would keep the government funded until Dec. 20. The measure does not include any part of the SAVE Act, the election security proposal backed by former President Donald Trump, the Republican …
Massive recession starting in December (“worse than 2008” says Head Macro Economist, Henrik Zeberg). Recession brings job loss, get prepared now for a financial downturn in the U.S. economy.
Gold prices tumbled on Monday as investors weighed up fading geopolitical tensions eased and investor appetite swung towards stocks and other perceived riskier assets. Gold based on continuous prices (GC00) (GCM24) fell $39.50, or 1.6%, to $2,374.50. That percentage drop …
With many of former President Trump’s tax cuts due to expire next year, taxpayers may be wondering if there’s anything they should be doing now to prepare. Trump’s 2017 Tax Cuts and Jobs Act (TCJA) increased the standard deduction, lowered …
How is this so inaccurately reported? https://www.barrons.com/livecoverage/february-jobs-report-today/card/labor-department-cuts-167-000-jobs-from-december-and-january-payrolls-FrRetAnGWH85TGfCeJ8n
via Mike Shedlock Today the BLS released employer costs for the 4th quarter of 2023. Let’s investigate how much state and local government workers make compared to private industry workers. Compensation chart from the BLS, annotations and calculations by Mish …
Historically Salesforce Insiders had good timing with selling stocks according to this chart. h/t ChampionshipUsed9855
BREAKING: December CPI inflation rate RISES to 3.4%, above expectations of 3.2%. Core CPI inflation fell to 3.9%, above expectations of 3.8%. This is the 33rd consecutive month with inflation above 3% and first jump since September. Can the Fed …
by confoundedinterest17 Well, kiss that anticipated March rate cut goodbye. According to the BLS, total nonfarm payroll employment increased by 216,000 in December. But to quote Cousin Eddie from Christmas Vacation, “Now hold on to your wad.” While the headline screamed …
NEW – U.S. manufacturing performance slipped further into "contraction territory" in December as demand conditions weakened. pic.twitter.com/S18SRkzlmg — Disclose.tv (@disclosetv) January 2, 2024 US Manufacturing Sector Slump Accelerates In December: Orders Down, Prices Up US Manufacturing saw only two months …
The Cloward-Pivening of America continues unabated, thanks to well-funded enemies of America and an impotent (and well-lobbied) legislature. On Monday, Fox News reported that a record 302,000 encounters with illegal migrants occurred in December, which marks 785,000 encounters since Oct. 1, according to a source within Customs and …
This December is special. December 2022 sales volume was around zero. And December 2021 volume was only $25 mln. h/t ChampionshipUsed9855
The survey shows that 70% of Chinese will continue to save and 30% will take action, involving $5 trillion. Source: Bank of China.Now all Chinese are discussing what to do with deposits. 🇨🇳 #China’s 30-Year Yield Hits Lowest Since ‘05 …
by ChampionshipUsed9855 I doubt many of the borrowers will ever pay back their loans.
Oh wait, let me get this straight, China is one of the biggest global polluters and co2 emitters and they’re having a problem with extreme cold? Kind of rules out the whole global warming thing, doesn’t it? via Yahoo: “More …
by ChampionshipUsed9855 Historically MU insiders had good timing and sold large amounts at price peaks.
