A hub for independent voices and hard truths
Overnight, Bitcoins got spanked. In the lower pane we see that Bitcoin became overbought at +20% above the 50 dma. Each time that has happened, it pulled back below the 50 dma, on average -10%. Which implies a -30% decline at minimum. pic.twitter.com/xNRCilkele — Mac10 (@SuburbanDrone) December 11, 2023
Bitcoin’s sudden 5% drop to $41,500 raises questions about liquidity after a prolonged bullish streak. On Friday, we posted this setup for subscribers. We called for a move back into $41,500 support where a higher low could form. $41,500 marked the EXACT low of the decline just now. Subscribe at …
by ClockworkSkyy I’ve worked with the public for the last decade. It used to bring me so much joy but now not so much. I’m starting to notice a decline in people’s cognitive abilities and their ability to reason. Selfishness and entitlement is absolutely rife yet people are bled dry …
More disturbing news from #Germany. German #Construction #PMI cratered to 36.2 in November, approaching #COVID lows. https://t.co/rwnjssSGh5 pic.twitter.com/Xr82qi8J7y — jeroen blokland (@jsblokland) December 6, 2023 🇩🇪 The HCOB Germany Construction PMI 36.2 Lowest since April 2020!Excluding pandemic, lowest ever! Chart: https://t.co/ow763W0Jf1 #recession pic.twitter.com/8p3Nvnt1e9 — Alex Joosten (@joosteninvestor) December 6, 2023
BREAKING 🚨: Starbucks$SBUX declined for a 12th consecutive trading day, the longest losing streak in the stock's history dating back to 1992 pic.twitter.com/jLbtyvugHf — Barchart (@Barchart) December 5, 2023
This frustration is a common sentiment. While official statistics report a modest 5% increase in food outside the home, many consumers, like this individual, perceive a more significant rise, possibly around 20%. It’s not just about the cost; there’s concern about diminishing quality in both food and service. The gap …
As economic indicators signal a slowdown and companies prepare to cut back amid diminishing business activity, the prospect of a similar raise to the previous year dims for many workers. With the CFNAI pointing to a slowdown in economic growth in October and JPMorgan forecasting declines in key economic metrics, …
U.S. Dollar Index has now closed below its 200D moving average for the first time since August. Last week $DXY suffered its largest decline in more than a year. pic.twitter.com/sxG09Ge7dU — Barchart (@Barchart) November 21, 2023 Gold creeping closer to $2000 USD 🇺🇸 — Gold Telegraph ⚡ (@GoldTelegraph_) November 21, …
by confoundedinterest17 President Biden reminds me of Cousin Eddie, the dimwitted cousin of Clark Griswold’s wife in the Vacation movies. Except that Cousin Eddie is a nice dimwit while Biden is a nasty dimwit. And politcal stooge. Given that turkey prices are up 321% under Biden, the famous Thanksgiving line “Save …
US Fertility Rates in massive decline. 🔊 …😮 pic.twitter.com/mNAbgUqRkr — Wall Street Mav (@WallStreetMav) November 17, 2023
Inflation in essential areas, including car insurance, car repair, transportation, rent, homeowner costs, and food away from home, far exceeds the 3.2% CPI headline rate, challenging the notion of a broader decline in prices and signaling an ongoing affordability crisis for consumers. While CPI inflation is at 3.2%, inflation is …
China’s economic landscape appears fraught with concerns as the rebound in consumption stalls and private business confidence loses momentum. In October, key indicators like the QuantCube Technology recreation and transport demand measure and the Morning Consult consumer sentiment survey recorded troubling declines. Furthermore, the Cheung Kong Graduate School of Business …
Total holdings of US Treasuries by China are at the lowest level since 2009 👀 pic.twitter.com/UEv2v5SPj3 — Markets & Mayhem (@Mayhem4Markets) November 12, 2023 Japanese investors are selling US corporate debt at a record pace 👀 pic.twitter.com/YxKZqSCuJe — Markets & Mayhem (@Mayhem4Markets) November 12, 2023 Investor actions with U.S. assets …
The media landscape continues to face severe challenges, exemplified by The Washington Post’s decision to cut 10% of its staff, indicating a substantial financial loss exceeding $100 million this year. The broader trend is evident as over 25% of all U.S. newspapers (daily and weekly) folded in the past 15 …
Over the past decade, there has been a notable trend in the reduced economic interdependence between China and the United States. Currently, 15% of U.S. imports originate from China, a significant decline from the 22% reported in 2016. Simultaneously, the United States represents just 15% of China’s total exports, down …
This is shocking: US population growth has collapsed Reaching levels near 0% indicating almost NO growth Current levels have NEVER been seen in 100+ years Even during the Great Depression, population growth bottomed out at around 0.5% In other words, this is the worst population growth setup seen in over …
A McDonald’s in downtown San Francisco, California, has shut down as the city grapples with numerous issues plaguing businesses in the area. The fast-food location’s ownership, Scott Rodrick of Rodrick Management Group, had a negative view when speaking of the issue, Fox Business reported Saturday: Office building vacancies, the environmental atmosphere of …
Financial markets are sounding the alarm bells as the M2 money supply experiences unprecedented levels of contraction. Notably, this is the first time in U.S. history that Treasuries have recorded three consecutive years of losses. The concern deepens with reports of a substantial rally in U.S. bonds last week, primarily …
by confoundedinterest17 We are back in time … at least for the mortgage market. Thanks to Bidenomics!!!! Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2023. The Market Composite Index, a measure of …
Homebuyer traffic has experienced a significant decline, nearly 40% since the beginning of 2023, reaching levels not seen since the 2020 lockdowns, the 2008 financial crisis, and the 1980s housing crash. What makes the situation intriguing is the recent surge in new home sales, rising by 12.3% in September, defying …
"The consumer is in excellent shape." Me: checking sales of luxury goods… – Gucci: -7%– Yves Saint Laurent: -12%– Bottega Veneta: -7%– Other: Balenciaga/Alexander McQueen etc: -15% Probably nothing. pic.twitter.com/dnhRqpGx0G — Genevieve Roch-Decter, CFA (@GRDecter) October 24, 2023 "Consumer spending is on the decline for the first time in a …
pic.twitter.com/2Nylq22RzX — Don Johnson (@DonMiami3) October 24, 2023 Here's what that looks like non-indexed. pic.twitter.com/KMME29atJI — Don Johnson (@DonMiami3) October 24, 2023
JPMorgan’s CEO Criticizes Central Banks for ‘Dead Wrong’ Forecasts Jamie Dimon of JPMorgan lambasted central banks for their glaring past forecasting errors, casting doubt on their ability to navigate the looming economic uncertainties. He drew a grim parallel between today’s economic situation and the wasteful 1970s, while dismissing …
Canadian banks appear to be following a familiar pattern, as they typically do during economic crises and recessions. The current signs of an accelerated decline indicate that a challenging period may indeed be on the horizon, with potential economic turbulence ahead. Canadian banks are in an accelerated decline now, just …
https://twitter.com/Kacper_PK_CH/status/1713631923891745067 https://twitter.com/JustinRose/status/1713736857622651300
by confoundedinterest17 Paul Krugman, Nobel Laureate in economics and media celebrity, made a terrible claim yesterday when he pronounced that “The war on inflation is over. We won, at very little cost.” Krugman’s proclamation was trumpeted by The View’s Joy Behar Joy who claimed that everything is going great in …
by TonyLiberty China’s population decline and Real Estate slump could lead to economic collapse per Geopolitical analyst Peter Zeihan. He believes that China’s collapse is imminent, with only 10 years remaining before potential disaster. He estimates that China’s actual population is lower by 100 million than what the government has …
by VPee In a surprising turn of events for tech giant Apple Inc., the company’s stock price is poised for a significant downturn in the final quarter of 2023. The just broke it’s 4 days winning streak and the volume is much lower than normal. Numerous indicators, including a decline in …
When this occurs, oil prices will hit new highs, inflation will sharply rise, economies will dive into depression… and WW III will intensify and the Middle East Meltdown will swell into a Global Meltdown. — Gerald Celente (@geraldcelente) October 10, 2023 The psyops are in full swing. Your emotions are …
