A hub for independent voices and hard truths
This country is starting to feel demonic. With crime on the rise, political corruption, drug overdoses, inflation, war propaganda and mass shootings everyday. No wonder life is sharply declining in this country. I know I’m not the only one that has felt everything in this country shifting in a terrible …
via DCG: America is in decline, particularly in democrat-run cities. As a result, our nation is facing the folowing: Increased inflation and interest rates Increased debt (both for the nation and many individual households) Disasterous “Defund the Police” policies Increased crime with soft-on-punishment policies Open borders with thousands of illegal …
The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days of dominance are over. Treasury Secretary Janet Yellen gave her two cents on the matter of so-called “de-dollarization” during a congressional hearing on Tuesday — stating …
Canadian Inflation Climbs to 4.0% in August, Driven by Soaring Gasoline Prices – Bank of Canada Pauses Rate Hikes Amid Economic Contraction In August, Canada experienced a notable inflation rate surge, reaching 4.0%, primarily attributed to the steep rise in gasoline prices. This rapid increase in consumer prices has raised …
Newest Sign of California’s Decline: Pirates The rule of law continues to decline all across California. Today’s case in point: Oakland Bay estuary, where actual pirates are stealing and plundering ships: In Oakland estuary, “the threats of pirates have risen to a new level.” A few weeks ago, they were coming in …
by confoundedinterest17 Here are some bits and pieces about the US economy and interest rates. The Federal Reserve, the most powerful Socialist machine on the planet, is considering rate their target rate after some bad economic news. First, real median household income (released yesterday for 2022) showed a decline of …
by confoundedinterest17 Danger Will Robinson! Danger! Median sales price of homes in the US sank by -7.4% in Q2 2023. This is particulary dangerous since it was the worst correction in home prices since two rather nasty recessions of 1970 and 2008 (The Great Recession and financial crisis). This correction occured …
by TonyLiberty Disney $DIS is facing a bunch of challenges that have caused its stock to plummet, and its market value to decline by over $200 Billion: 1) Declining Disney+ subscribers 2) Ongoing Hollywood strike 3) Fee dispute with the second-largest cable company Netflix $NFLX has seen a 50% surge …
Global stock markets peaked a month ago at the end of July. Then fell for the first three weeks of August. Today, Nasdaq breadth was strongest since the market top. September will be hell. pic.twitter.com/FST2UcLsci — Mac10 (@SuburbanDrone) August 30, 2023 The FDIC is literally using the same script as …
We were higher now we are lower lol pic.twitter.com/2RCUYU1tLT — The Coastal Journal (@1CoastalJournal) August 29, 2023 Over the last 3 months, 2.55 million job openings have been filled. This is by far the largest 3-month decline in JOLTS on record. Despite an incredibly challenging economic situation, the job market …
by bitkogan Today, major indices in both Hong Kong and mainland China plummeted to their 2023 lows, leaving many in China bewildered. Just a fortnight ago, state-run media outlets heralded a revival in the capital market and a surge in investment confidence. They underscored the significance of allowing the populace …
The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes “If sustained, a broader spending pullback could threaten the expansion” …
Home foreclosures starting to explode Have you been looking around the housing market and thinking “There goes the neighborhood”? Well, you are not alone. In May of this year, ATTOM recorded a sharp uptick in foreclosure rates around the United States. Adding up notices of default, repossession by banks and …
by Dismal-Jellyfish Table 1 (PDF) | Table 2 (PDF) | Charts (PDF) Wut Mean?: Commercial and Industrial (C&I) Lending: Banks tightened standards for C&I loans to businesses of all sizes. All loan terms for C&I loans, like rate spreads, premiums on riskier loans, credit line costs, and many others, were tightened. Both large and …
by Dismal-Jellyfish Reminder, while banks have the liquidity fairy, ‘we’ get the promise of 2 more rate hikes this year, Atlanta Fed President Raphael Bostic yet again enrichens himself inappropriately from his position. What I want to talk about this afternoon is–Commercial and Industrial Loans, All Commercial Banks. What are Commercial and Industrial …
by Hephaestus4 Oil prices also increasing. The Fed and mainstream media are living in an alternate universe. People are currently having to make choices between medicine, paying rents, food, or car payments/filling the gas tank. Church Food pantry near where I live people are lining the packed street every Sunday …
Credit Scores Abruptly Plunge As Americans Stop Paying Down Debt; Synchrony Financial Warns Over the past few years, tens of millions of consumers witnessed a remarkable increase in their credit scores, primarily due to helicopter money dished out by the federal government, rock-bottom interest rates, and a pause on student-loan …
by Glenn Reynolds IT’S A WORLDWIDE PROBLEM: Why China’s Young People Are Not Getting Married. Grace Zhang, a tech worker who had long been ambivalent about marriage, spent two months barricaded in the government lockdown of Shanghai last year. Robbed of the ability to move freely, she spiraled over the …
As we approach the beginning of Q2 bank earnings, analysts are bracing themselves for what is anticipated to be the most significant decline in earnings since the onset of the pandemic, with a staggering -7% expected. This pattern seems eerily familiar, as we witnessed a similar sequence of events back …
The commercial real estate crash is happening.📉 Values for office, retail, and apartment buildings are already down -11%. Morgan Stanley thinks values could crash -40% when all is said and done. Big problem for US Economy. pic.twitter.com/iA64qrjfsS — Nick Gerli (@nickgerli1) July 10, 2023 2) We're already seeing owners of …
2/ China's housing market experienced its largest contraction in over a decade, despite efforts by the Chinese Central Bank to ease monetary policy pic.twitter.com/S8gVYVdz5W — Bravos Research (@bravosresearch) July 6, 2023 4/ Majority of demand for copper, an industrial metal, comes from China Weak copper prices suggest a slowdown in …
Oil continues to decline Aramco CEO Amin Nasser went on TV to explain that demand should be coming back soon Meanwhile, Saudi Arabia and Russia agreed to extend their production cut of 1 million barrels a day on Monday OPEC is really making an effort to push up the price …
via NYPOST: Sales of Bud Light suffered their steepest weekly drop yet since the beer brand launched its disastrous tie-up with transgender social media influencer Dylan Mulvaney, according to the latest data. In the week ending June 17, sales of the Anheuser-Busch brand fell by an eye-popping 28.5% versus a …
by confoundedinterest17 The Artificial intelligence (AI) boom is resulting in Nvidia’s stock soaring to 429.9. At the same time, Bitcoin (yellow), the US Dollar (blue) and Gold (gold) are declining. Of course, markets are dynamic and gold/silver are likely to start up again along with bitcoin and other cryptos.. The …
via businessinsider: The US should expect the dollar’s share of global reserves to slowly decline, but no alternatives exist that could completely displace the greenback, Treasury Secretary Janet Yellen said on Tuesday. Her comments came during a Housing Financial Services Committee in response questions about the risk of de-dollarization. Asked …
by Chris Black At this point, comparing things to the fall of Rome is becoming passé. Facing Shortages, US Military Recruiters Trade Citizenship for Service https://t.co/TQI6nKEkXj— Michelle Maxwell ™ (@MichelleMaxwell) June 12, 2023 Continue reading by subscribing. Username Password Remember Me Forgot Password
As of 1Q23, household net worth as a % of disposable personal income fell to 760%, down from 840% a year earlier … in year/year terms (not % change, just a change in %, orange), fastest decline since 4Q08 pic.twitter.com/EL2IIQfCWq — Liz Ann Sonders (@LizAnnSonders) June 12, 2023 The lowest-earning …
The S&P 500 index has been in a narrow trading range for several months. Of course, it remains to be seen where the next decisive price move will take the stock market. If it’s to the downside, these sectors look like prime candidates as bear-market leaders.
via MSN: The country’s life expectancy problem gained renewed attention in recent years during the COVID-19 pandemic after seeing the largest drop since World War II. As U.S. life expectancy continues to plummet, a new report found the country has been at a life expectancy disadvantage since the 1950s, and …
