declines

A new report finds Boeing’s rockets are built with an unqualified work force… NASA declines to penalize Boeing for the deficiencies.

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 at Michoud, Boeing’s quality control issues are largely caused by its workforce having insufficient aerospace …

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Phoenix housing market on brink of collapse: skyrocketing inventory sparks fears of price declines

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 to declines in home prices in the second half of 2024, challenging the narrative of …

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French CPI-PPI gap widens significantly, PPI contracts nearing 2008 levels; Italian inflation rate declines.

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. A larger gap between French CPI & PPI (Y-o-Y %) hasn't been seen before. PPI …

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Fulton County Ethics Board declines to hear complaints against Fani Willis at the last minute.

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 the code of ethics against Willis, as she is a state constitutional officer, according to …

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Ukraine’s First Lady Declines US Invite

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 adds that the real reason Zelenska declined was because Navalnaya’s potential proximity “caused discomfort” in …

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Semis are way overbought… Nasdaq and Bitcoin face simultaneous declines…

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. pic.twitter.com/uPno02WPBe — Mac10 (@SuburbanDrone) March 4, 2024 Microstrategy said they're selling convertible bonds to buy …

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Average Price of Used Tesla Declines 18 Straight Months

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 Stations Opened, the Holdup is Social Justice In yet another example of Biden incompetence, the …

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Judge Declines Case to Remove Trump from Washington State Primary Ballot, Citing Wrong Venue in Kitsap County

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 declined to hear a case Tuesday to remove former President Donald Trump from Washington state’s …

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Economic turmoil looms: Historic declines, Bitcoin crashes, and QT fears intensify markets.

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 Intelligence hype cycle. The current economic landscape exacerbates the crisis, with millennials grappling with two …

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Candace Owens declines ABC’s offer to join the cast of The View

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. Owens, known for her outspoken views and conservative stance, cited the show’s perceived toxic environment …

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German Economy: Private Consumption Collapses and Business Confidence Declines

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 that contribute to a 3.8% year-on-year contraction in industrial performance. German Economy’s Downturn Driven by …

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Investor Exodus: Housing Market Sees Record Drop in Purchases, 7 Sun Belt Cities Witness Steepest Declines

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 on their purchases in the housing market at a record pace. Investor purchases dropped 29.7% …

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We are experiencing one of the most severe declines in the history of the freight market

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 🛩🚛🚂⚓️ (@FreightAlley) November 4, 2023 Nearly $500M in debt catches up to air cargo operator …

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Bidenomics At Work! US Government Is Virtually The Only Borrower Left Standing, Bank Credit Declines (No Wonder Yields Are Rising!)

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 borrowed on a net basis over the last five years. The market sees that as inflationary, …

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Banks Face Looming Credit Crisis: Sharp Declines and Record Bad Loan Write-Offs Signal Imminent Credit Event

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,” which essentially means a big problem in the world of credit and lending. Moreover, banks …

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Mitt Romney declines another senate run… Guys, Recession confirmed

“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. This is confirmation that there’s no more juice in this lemon economy. There’s no amount …

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Rail traffic declines significantly, reaching 2021 levels; Maersk warns of global trade slowdown

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 shipping company, often seen as a bellwether for global trade, posted a second-quarter profit before …

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Manufacturing ISM Declines 9 Straight Months, New Orders Down 11 Months

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 consecutive month following a 28-month period of growth according to the Institute for Supply Management. …

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U.S. Bank lending on the decline! Commercial and Industrial loans slide for two weeks straight. Meanwhile, GDP up 2.4% last quarter? Is it sustainable growth or fueled by mounting debt? #Economy #BankLending #GDP #Debt”

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 Loans? Commercial and Industrial (C&I) …

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AirBNB is dying: Revenue declines 50% in Phoenix, Austin; forced selling expected. US housing market faces housing price downside if struggling Airbnb owners elect to sell.

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) What's scary for the US Housing Market is just how many Airbnbs there are. Data …

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Not Always Sunny! Philly Fed Business Conditions Declines To -16.6 In June (Powell Aka Green Man Faces Tricky Task of Explaining Rate Pause in Congress)

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 with the Philly Fed General Business Conditions index falling to -16.6 in June as Green …

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US corn crop declines by most in three years due to drought.

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 nearly three years as drought conditions worsened in the Midwest. About 64% of the nation’s …

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