Independent thinking for complex markets and current events
Stocks now trade at higher valuations than just before 1929 crash. Main measure is Shiller CAPE ratio (or P/E10). It looks at current price vs average earnings of last 10 years (adjusted for inflation). In September 1929, CAPE reach about 32.5. Today in June 2026, CAPE sit at 40 to 41+. This is second highest …
Home sales hit 4.17 million in May matching lows not seen since 2008 Median sales prices remain stagnant at 429,000 despite zero buyer interest Housing ☠️💀 https://t.co/qt3Et80DcG — QE Infinity (@StealthQE4) June 15, 2026 The 3 percent monthly sales surge is purely noise and ignores 4 years of decline Luxury transactions over 1 million spiked …
Authored by Charles Hugh-Smith via oftwominds, The collision of hype and euphoric hallucinations with the real world will manifest across the entire socio-economic-political-legal spectrum. The conventional narrative views AI dominance as inevitable. What’s actually inevitable is the AI Depression, the economic fallout of unrealistic but oh-so-profitable hype, malinvestment, unprecedented legal liabilities and the second-order effects of …
For those of us in Los Angeles, the absolute free fall in local television production is the reason Hollywood jobs seem to have evaporated. pic.twitter.com/mAeg28GWJG — Ben Fritz (@benfritz) March 30, 2026
The legend returns and hes PISSED! Gerald Celente stopped by to discuss his predictions for the war with Iran.
Millions of Americans are waking up every day feeling like something is deeply wrong with the economy. The cost of living keeps climbing, wages are barely moving, and more people than ever are struggling just to keep up with basic expenses. In this video, we take an honest look at what everyday Americans are experiencing …
This will put China into Great Depression (and spill over to the rest of the world including USA and EU). My old (ongoing) prediction says : It'll all start in Asia and it'll mostly start from around China as they'll enter first into Depression spreading it to the rest of the… https://t.co/qpnbu0HQ8U — GregTheAnalyst (@Analyst_G) …
via Phoenix Capital Research Something doesn’t add up. We are told that the economy is doing great. Indeed, the official metrics from the Fed suggest that U.S. GDP is currently clocking in at an annualized rate of 4%. And yet… despite this, the Fed is already cutting rates AND printing $40 billion per month and …
by Michael When the economy and the financial system are both greatly shaken at the same time, the consequences can be extremely painful. Most of you still clearly remember what life was like in 2008 and 2009. It was such a dark chapter in American history. But there have been other times when we have …
pic.twitter.com/3wmH048s8n — Darth Powell (@VladTheInflator) December 22, 2025
BREAKING: U.S. layoffs set to surpass the Great Recession levels, on track to be worst since Great Depression. — Polymarket (@Polymarket) December 7, 2025 US layoffs soar past 1.1M in 2025, highest level since the pandemic November saw 71,321 job cuts announced, down 53% from October but pushing yearly total up 54% Layoffs announced by …
The bewildering truth behind human technological enslavement is that it is impossible without the voluntary participation of the intended slaves. People must welcome technocracy into their lives in order for it to succeed. The populace has to believe, blindly, that they cannot live without it, or that authoritarianism by algorithmic consensus is “inevitable.” For example, …
by Anonymous Coward US consumer sentiment is collapsing: The University of Michigan's Consumer Sentiment Index fell -3.3 points in November, to 50.3, the 2nd-lowest in history. This significantly missed expectations of 53.0 points and marks the 4th consecutive monthly decline. Current conditions… pic.twitter.com/1htEqmvRsu — The Kobeissi Letter (@KobeissiLetter) November 8, 2025 Everyone is figuring out …
Has he lost his damned mind over his tariff tax blowback? Trump: If I didn’t have tariffs, the entire world would be in a depression pic.twitter.com/HP2Mzq2UGY — Acyn (@Acyn) November 5, 2025 This are the only countries in the world, paying the tariffs. pic.twitter.com/x0QMGsBwW7 — Bogomil Harmandzhiev (@bogomiluk) November 6, 2025
Authored by Charles Hugh-Smith via oftwominds, GDP is like collecting data on passenger satisfaction with the dessert cart on the Titanic and declaring everyone is delighted as the great “unsinkable” ship settles into the icy waters of the Atlantic. That Gross Domestic Product (GDP) is an outdated and misleading metric of the economy is widely …
Behind the headlines about GDP growth and “resilient consumers” is a generation that cannot afford rent, cannot buy homes, and cannot build independent lives. Wages are stuck while housing costs have exploded, so millions are forced back into childhood bedrooms even as politicians brag about the economy. President Trump is delivering a Golden Age economy. …
Authored by Charles Hugh-Smith via oftwominds, If “growth” is all that matters, that leads to depending on credit and asset bubbles, which are self-liquidating in ways few see because, well, it’s complicated. Many people anticipate the demise of fiat currencies, for good reasons. This is the motivation for calls to return to the gold standard–currency …
Context at 11:22 “I started noticing something wasn’t right with home appraisals,” says Mitch Vexler, a whistleblower and property appraisal expert. He tells Daniela Cambone: “They were inflating property values to raise taxes, and that was fueling trillions of dollars in school bond debt that I think will skyrocket.” Regarding the magnitude of the problem, …
Working Americans have been in depression since 2008. They bailed out the establishment by stealing YOUR quality of life. It doesn't just "feel" worse, it IS worse. pic.twitter.com/oWLyAme7Nv — Darth Powell (@VladTheInflator) August 23, 2025 Insane chart: Boomers for the win. Sickening https://t.co/8Ldcixm4OL — QE Infinity (@StealthQE4) August 24, 2025 What bubble? 😳 pic.twitter.com/f3Lmfvz5t0 — …
U.S. Stock Market at its most expensive valuation since the Great Depression 🚨 Probably Fine? 🤔 pic.twitter.com/JVCijfR202 — Barchart (@Barchart) August 11, 2025 Guess what the biggest driver of this stock market rally has been? Leverage. For the first time ever, margin debt has topped $1 trillion and has ballooned +25% over the past year. Fully one-fifth of …
A Silent Depression in America? At least for our youth. Staggeringly bad-looking chart https://t.co/gDfbdPwRTb — Amy Nixon (@texasrunnerDFW) August 11, 2025 Hmm… pic.twitter.com/5gNxdDyvuE — Robert (infra 🏛️⌛️) (@infraa_) August 11, 2025 Yea… certainly linked to lower wages (as they dramatically increased the labor supply to keep wages from rising) — Robert (infra 🏛️⌛️) (@infraa_) August …
Apparently diversification is just owning more of the same thing. It's official: The top 10% largest US stocks now reflect a record 76% of the US equity market. This has officially surpassed the previous record set before the Great Depression in the 1930s. By comparison, at the 2000 Dot-Com Bubble peak, the top 10%'s share …
Typical $60K household left with just $500 a month after bills. This time, there’s no big event — no crash, no panic. Just a grind: Rents up 30% Groceries + utilities up 20–25% Insurance +40–60% Credit card APRs above 22% Costs are up — and nothing’s coming down. — Craig Shapiro (@ces921) August 5, 2025 …
Record 14 million homes set to flood market. There is a US record 14 million homes coming to market over the next 5 years (assuming no housing crash). With only 4.3 million households being formed — Darth Powell (@VladTheInflator) June 26, 2025 ALERT: US population growth has completely collapsed Reaching levels near 0% = NO …
by Michael America’s housing market has been in a “deep freeze” for more than a year. The combination of very high interest rates and very high home prices has frozen millions of potential buyers out of the market. As a result, home sales have fallen to extremely depressed levels. When I first warned that we were …
A lot of talk about inflation driving gold higher, but the copper / gold ratio which is a proxy for global growth, is signaling deflationary depression. pic.twitter.com/u2hpZvZ1of — Mac10 (@SuburbanDrone) April 11, 2025 People still have no idea the decoupling is happening. Ships are no longer sending goods from China to US or US to …
Robert talks about the “silent depression” and how the real inflation rate has been way above CPI for many years. Robert talks about the Cantillon Effect and how the US exported many trillions of Dollars, financializing the US economy and hollowing out the US industrial base. Jason and Robert discuss why other countries are buying …
