A hub for independent voices and hard truths
https://arstechnica.com/space/2024/08/a-new-report-finds-boeings-rockets-are-built-with-an-unqualified-work-force/ BA could potentially loose contracts with NASA, I would keep close eye on this and potentially buy puts. “NASA declines to penalize Boeing for the deficiencies…. According to Safety and Mission Assurance officials at NASA and DCMA officials …
Phoenix is experiencing a significant increase in home inventory, with active listings in April 2024 reaching nearly 15,000, a 50% rise compared to the previous year and a staggering 326% increase over two years. This surge in inventory could lead …
Mortgage demand on the US Housing Market continues to plummet. With data from the Mortgage Bankers Association reporting that mortgage applications to buy a house are down 15% YoY. And are now resting at their lowest level since 1995.
Unprecedented disparity emerges between French CPI and PPI, with the latter contracting to levels resembling 2008. Meanwhile, Italy experiences a decline in its inflation rate, recording a growth of 0.2% in April, below market expectations, signaling potential economic challenges ahead. …
The Fulton County Board of Ethics reportedly declined to review two complaints against Fani Willis just before a meeting scheduled for their consideration Thursday. The board chose not to review the complaints because it found it lacks jurisdiction to enforce …
Ukraine first lady Olena Zelenska declined a White House invitation, citing a schedule conflict, reports Politico. The plan was for her to sit with Jill Biden and Yulia Navalnaya, widow of Alexei Navalny, reports the Washington Post. However, the Post …
Bulls, there are four bubbles in this picture. Can you spot any of them? pic.twitter.com/N2EFWNsXJ9 — Mac10 (@SuburbanDrone) March 5, 2024 Semis are 20 years overbought and Powell is speaking. This is why I watch markets. I'm out of Netflix. …
via Mike Shedlock: Hertz is dumping EVs but the decline in the price of used Teslas started long before that. $2 Billion in Subsidies, Only 2 EV Stations Opened On January 18, I commented $2 Billion in Subsidies, Only 2 EV …
HAPPENING TODAY: Challenge to remove Donald Trump from Washington's ballot surfaces in Kitsap County READ MORE from our @HannahknowlesTV here: https://t.co/uLSTrkPv75 https://t.co/9bjAaXonU2 pic.twitter.com/L8JsdZxSPn — Steve McCarron KOMO (@SteveTVNews) January 16, 2024 KITSAP COUNTY, Wash. — A Kitsap County judge has …
Amidst the fanfare of Bitcoin projections and market optimism, a stark reality unfolds. The brilliance of hooking investors in and then pulling the rug is now evident, as an analyst downgrades Nvidia, attributing it to the implosion of the Artificial …
She has integrity. Commendable. In a surprising turn of events, political commentator and author Candace Owens has made headlines by declining ABC’s offer to join the cast of The View, one of the most popular daytime talk shows on television. …
The German economy faces increasing challenges as the latest data reveals a decline in private consumption and a drop in the IFO business confidence index. With household consumption decreasing and trade numbers showing a slump, Germany grapples with economic headwinds …
As investor purchases in the housing market plummet at an unprecedented rate, dropping 29.7% year over year to 48,667 in Q3 2023—the lowest third-quarter level since 2016—the broader US real estate landscape faces a significant slowdown. Investors are scaling back …
by polloponzi Here is a round-up of the doom and gloom headlines that have occurred in one of the worst downturns in freight market history. 30,000 employees out of work when trucking firm Yellow shuttered 2/ pic.twitter.com/NdBSIIfIxE — Craig Fuller …
by confoundedinterest17 Its the Biden Bop! As Bidenomics continues its blitzkrieg on the US economy with the Federal government massively expanding its debt while households and business cut back on debt. The US government is the only sector to have notably …
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,” …
“Blah blah blah I hate Trump blah blah blah. Is how the speech went. But “I’m not running for reelection” is all you need to hear. pic.twitter.com/hBCii3aw2M — Noah Fencebutt (@Noah_Fencebutt) September 13, 2023 Mitt Romney is not seeking re-election. …
Rail traffic is down sharply year over year and down even further from 2021. pic.twitter.com/npvGbB4sCB — Don Johnson (@DonMiami3) August 4, 2023 Shipping giant Maersk warns of sharp slowdown in global trade as it reports profit plunge The world’s second-largest …
via Mike Shedlock: The manufacturing ISM has been a broken record for nine months. Chart and excerpts below by permission from the Institute for Supply Management ® ISM® Economic activity in the manufacturing sector contracted in June for the ninth …
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 …
via notayesmanseconomics: We start the economic week with one of the wonders of the modern world, which is how China can produce its Gross Domestic Product or GDP numbers only 17 days after the end of the particular quarter. By …
The White House has largely declined to address the matter in public, prompting further scrutiny and indeed speculation that the culprit may have been someone of importance. The Secret Service has not publicly identified any suspects as of press time. …
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse. 1) …
by confoundedinterest17 As I discussed yesterday, the Misey Index under Biden remains elevated compared to that of Trump pre-Covid despite massive financial stimulus from Green Man (The Federal Reserve under Jerome Powell). Now we have more evidence of an impending recession …
Farmers in Corn Belt states have been very concerned about their crops this spring as drought expands across the Heartland. The latest weekly report from the US Department of Agriculture shows the US corn crop deteriorated by the most in …