A hub for independent voices and hard truths
Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of easy-to-find charging stations are major sticking points, a new poll shows. About 4 in 10 U.S. adults say they would be …
What’s happening now is a troubling shift in the job market. Job openings are being filled as new entrants join the labor force and displaced workers find new positions. However, these job openings are not being replenished, leading to an …
https://twitter.com/RJRCapital/status/1798703003391980014 The European Central Bank (ECB) recently made a decision to cut interest rates by 25 basis points. Specifically, the main interest rate was reduced to 3.75%, while the main refinancing rate and the marginal lending facility rates were also …
🚨BANK OF CANADA CUTS RATES🚨 Why does this matter? They did so in the face of persistent shelter inflation In Canada in March, shelter prices increased by 6.5% year-over-year, with rent increasing by 8.5% THEY CUT ANYWAY. America, your move …
This is when the Fed finally stops gaslighting you. The economy was NEVER doing well, and it's not helping Biden anymore to lie to you about it. So, better to admit defeat and start planning rate cuts to rescue the …
https://twitter.com/futureecogold/status/1795884879890030931 Municipal Bonds and Yields: Municipal bonds (often called “munis”) are debt securities issued by states, local governments, or other public entities. They serve as a crucial financing tool for infrastructure projects, schools, hospitals, and other public needs. The yield …
by confoundedinterest17 Housing in the US is simply unaffordable. Home prices in Biden’s America are up 34.5% even though mortgage rates are up 157%. Home prices in America’s 20 largest cities rose for the 13th straight month in March (according to the latest …
Stocks fell Thursday, with the Dow Jones Industrial Average registering its worst day of 2024, as a post-earnings rally in Nvidia failed to lift the broader market. The 30-stock Dow slid 605.78 points, or 1.53%, and closed at 39,065.26 for …
Election Day in KY! It’s a referendum on whether a guy can go to DC and vote against foreign aid, foreign wars, and sanctions, while supporting free speech, privacy, & the 2A. AIPAC claims to have spent $400k against me. …
BEIJING – China’s home prices fell at a faster pace in April, underscoring why the government is stepping up efforts to tackle the years-long property crisis. New-home prices in 70 cities, excluding state-subsidised housing, slid 0.58 per cent from March, …
The situation at Ballou High School in DC is emblematic of the dire state of inner-city public education in America. Despite exorbitant spending, including a $124 million building and an annual cost of $25,412 per pupil, the school fails to …
The SPY (S&P 500) ETF has surged with a nine-day winning streak, marking its longest stretch to a new high since 2020. Despite economic concerns signaled by the Citi US economic surprise index, the S&P 500 approaches record highs. In …
Prepare for a seismic shift in the gold market as the precious metal defies conventional wisdom, soaring despite the backdrop of high real rates and a robust dollar. This unexpected surge hints at a fervent bid for diversification among central …
Can you believe this? $7.5 billion of taxpayers’ hard-earned money flushed down the drain, and what do we have to show for it? Eight measly charging stations. It’s an absolute disgrace. With the urgent need to transition to cleaner energy …
"We have young Black kids growing up in the Bronx; they don't even know what the word computer is. They don't know. They don't know these things." ~ New York Governor Kathy Hochul Despicable! Disgusting! Disturbing! White liberal democrats are …
Recent revelations of wrongful DUI arrests in Oahu have sent shockwaves through the community, raising serious concerns about law enforcement practices and civil rights violations. Despite breathalyzer tests showing no alcohol in their systems, dozens of drivers found themselves handcuffed …
Over the past 13 weeks, initial unemployment claims have remained remarkably consistent, hovering around 212k, despite the inherent variability in state programs and seasonal factors such as holidays. If the trend of minimal volatility persists, it could erode confidence in …
The labor market is not secularly tight, robust, or whatever useless terms are thrown around on here. The headwinds continue to mount against labor. Fed policy impact having a lagged impact time on Sunbelt vs other West Coast states, but …
An order from a president to the military to conduct a coup to remain in office “might well be an official act,” Donald Trump’s lawyer told the Supreme Court in oral arguments Thursday on the question of whether Trump’s attempted …
A startling revelation emerges as conflicting job reports unveil a stark contrast in employment data. Despite official claims of a robust job market with a 640,000 increase in nonfarm payrolls, the quarterly census of employment and wages paints a different …
Texas Instruments faces a grim reality as first-quarter results reveal a stark 16% revenue drop, extending a troubling trend over six consecutive quarters. Despite high hopes pinned on the AI boom and economic growth, the company grapples with persistent declines, …
Ukraine launched drone attacks on several Russian oil refineries overnight, Russian sources said on Wednesday, despite pushback from Washington urging Kyiv to reel in its strikes on Moscow’s oil infrastructure. Russia’s defense ministry said its air defenses had intercepted two …
Oh, big surprise! Zero students proficient in reading and math at the Chicago Teachers Union’s poster child school? Talk about setting the bar low! But hey, why aim for excellence when you can aim for mediocrity, right? And now they …
A judge accepted Donald Trump‘s $175 million bond in his civil fraud case after the former president and Attorney General Letitia James reached an agreement to modify the conditions of the bond during a hearing in New York on Monday. Judge Arthur Engoron …
Investor euphoria persists despite recent market drops, raising concerns about the absence of hard lessons since 2009. Glenn Kelman’s insights resonate deeply with real estate professionals, highlighting a housing recession amid a booming economy. As monetary policy falters and debt …
The Guardian: Low-carb diets work. Why does the American Diabetes Association push insulin instead? The American Diabetes Association takes millions from companies that stand to profit from our reliance on drugs. Is that affecting their guidance? For a glimpse into …
Despite a surge in corporate buybacks, executives are offloading stock at a pace unseen in over a decade, raising concerns about underlying market sentiment and future prospects. The dwindling percentage of publicly traded firms witnessing net purchases from their executives, …
Once again, the UK government shamelessly backs arms sales to Israel, fueling outrage amidst airstrikes and humanitarian crisis in Gaza. Despite mounting pressure, their review finds no reason to halt export licenses. Foreign Secretary Lord Cameron has confirmed that UK …
Americas’ Unemployment Problem In 2023, the United States reported an unemployment rate of 3.4%, marking the lowest figure in 54 years with nearly 11.2 million unemployed Americans. Despite this historic low, the narrative surrounding America’s Unemployment Problem reveals a complex …
28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN— MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the …