Independent thinking for complex markets and current events
U.S. IBD/TIPP Economic Optimism Index They track views of near-term prospects for the U.S. economy and personal finances, along with support for economic policies pic.twitter.com/UyvFihUwgb — Win Smart, CFA (@WinfieldSmart) October 4, 2023 Corporate bonds will be better investments than stocks for the foreseeable future, Howard Marks has said. — unusual_whales (@unusual_whales) October 4, 2023 …
Adults should be able to cover rent for a one-bedroom apartment AND groceries. h/t ChefAccurate942
Congress remained on track Friday morning to trigger a government shutdown this weekend, though Speaker Kevin McCarthy notched a minor victory when the House advanced a short-term spending bill in a last-ditch stopgap bill to extend government funding beyond Saturday. Facing the most significant challenge to his leadership to date, McCarthy is locked in a …
The rich plan to continue spending on travel and luxury, while the middle classes seem increasingly reluctant. This doesn't bode well for consumption next year.https://t.co/IywHj5UVtZ via @economics — Michael Pettis (@michaelxpettis) September 26, 2023
Amazing how an out of touch old man living behind a walled city can opine on how the rest of the world is supposed to live? MARSEILLE, France — MARSEILLE, France (AP) — Pope Francis challenged French President Emmanuel Macron and other European leaders to open their ports to people fleeing hardship and poverty, insisting …
Vice President Kamala Harris said young people aren’t buying homes because of “climate anxiety,” not mentioning the sky-high interest rates under her boss, President Joe Biden. “Young leaders” suffer from “climate anxiety,” which is “their fear about … whether they should have children, whether they should ever think about buying a home for fear …
By Graham Summers, MBA The Fed didn’t raise rates yesterday. What it did do was update its projected dot plot for where Fed officials expect rates to be in 2024 and 2025. The Fed now only expects to cut rates twice in 2024, as opposed to four times. In very simple terms, the Fed sent a …
https://twitter.com/_/status/1703655407644737576 Meanwhile in Monte Carlo U.S. Taxpayers are funding Ukraine oligarchs and their superyacht lifestyles in Monaco and southern France.pic.twitter.com/yqVDmvdqYP — Citizen Free Press (@CitizenFreePres) September 17, 2023 Mike Pence warns US citizens might have to fight Russia. Okay sure Mike, here is the DRAFT order, You first. h/t A Deplorable Neanderthal
by Chris Black We know it is not about economic support for the refugees. Sending economic aid to their countries is much cheaper than bringing them into Europe. So assuming whites are so evil that they will abuse any foreigners out of blind hatred, for no reason, isn’t it still better to not bring them …
Fed-engineered boom/bust cycles are the most efficacious means of transferring the wealth and property of the soon-to-be-extinct middle class to the Fed’s oligarch accomplices h/t Simian_Stacker
by Chris Black Biden can’t be blamed for his own words, obviously. Regardless, this is totally retarded. I mean, if you don’t want to contain “Chyna”, what’s this? RT: US President Joe Biden has said that he does not want to “contain China,” and revealed that he had a meeting with Beijing’s second-highest official at the G20 …
THE “SCIENCE” IS SETTLED, AND IT WAS SETTLED BEFORE THE ARTICLE WAS WRITTEN: Climate scientist: Yes, I cooked my Nature article on global warming — and here’s why. “Feeding the narrative? Check. Editorial bias? Check. Top-down political influence on science? Double check. Bloated Academia competing too hard for too few dollars and openings? Check, at least to a degree. Ironically, that makes the Academia-Media nexus the least …
Americans owe nearly $2T in student debt! 😮 Is a college education still worth it? pic.twitter.com/o2ntanoV1b — Markets & Mayhem (@Mayhem4Markets) September 3, 2023
I don’t understand these kids. I call them “eBeggers”. How can you have that many followers and 444 million likes but no money and no medical insurance? AC
by chartr https://www.chartr.co/newsletters/2023-08-13 Company Execs Can’t Stop Talking About AI https://www.reddit.com/r/dataisbeautiful/comments/15qo4qp/company_execs_cant_stop_talking_about_ai_oc/
via YAHOO: WASHINGTON (AP) — Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point. While price increases have cooled over the past year — the inflation rate has dropped from 9% …
Keep this in mind when you hear, "The consumer is strong." Just because they're spending, doesn't make them strong. — Frank Iozzo (@RetireWithFrank) August 11, 2023 Not something you want to see if federal reserve interest rates have skyrocketed over 6,000% in a year pic.twitter.com/YWDP0lfZtn — Market Radar (@themarketradar) August 10, 2023
BREAKING: Judge Maryellen Noreika is not messing around as she is now threatening to have Hunter Biden arrested if he fails to comply with new conditions. If Hunter consumes alcohol or drugs including marijuana, he will be arrested & be prosecuted for contempt of court. This… pic.twitter.com/k6MEIfH2xC — Collin Rugg (@CollinRugg) July 26, 2023
via Mike Shedlock Everything has gone right for homebuilders for a long time. How much better can things get? $SPHB S&P 500 Homebuilder Index courtesy of StockCharts.Com, annotations by Mish What Went Right? A hyperactive Fed with extremely loose monetary policy and repetitive rounds of QE until it finally ended on March 9th, 2022 the …
Unpopularity Behind Elite Demands For Spying And Censorship: French President calls for mass censorship after passing law for secret smartphone spying. Social media companies, including TikTok, Snap, and Twitter, caused people in France to riot and so the government should shut them down, say French President Emmanuel Macron and the European Union’s top censor, …
by Chris Black >Elected on a wave of popular support for immigration control. >Promptly swamps Italy with record numbers of migrants. >This is the definition of controlled opposition. Traitorous witch Giorgia Meloni plans to import hundreds of thousands of non-Europeans to “fill gaps in the labour market” while Italy has a youth unemployment rate of …
IAEA: IAEA experts have requested additional access that is necessary to confirm the absence of mines or explosives at the site In particular, access to the rooftops of reactor units 3 and 4 is essential, as well as access to parts of the turbine halls and some parts of the cooling system at the plant …
It’s a bunch of kids out of college running the models Maybe they have a shot at figuring it out h/t B3stAuD1t0rofA11tiME
Ferrari is the Nvidia of Italy. It doesn’t stop pumping @AlessioUrban pic.twitter.com/3WgPetEz3Y — Milton FreeBan (@MikePippen77) June 29, 2023 Unidebit is flying pic.twitter.com/IQWZV84QCV — Alessio (@AlessioTMAD) June 29, 2023 Market looking healthy once more. The 1D move is supported by a nice spike in GEX. Vol getting crushed. pic.twitter.com/6Y9nsLnmVd — Menthor Q (@MenthorQpro) June 29, …
Former President Trump heard in audio recording seeming to show and discuss secret documents at his NJ golf club. The Iran memo isn't among the records underlying Trump’s illegal retention charges, a source confirms @CBSNews pic.twitter.com/UgPQeRRPYt — Catherine Herridge (@C__Herridge) June 28, 2023 Iran memo not among the 31 records underlying charges in Trump federal …
“The larger the US balance of payments deficit is, the more it spends militarily and politically around the world, the more foreign central banks end up financing the domestic budget deficit so that the US Treasury doesn’t have to borrow from US investors – it doesn’t have to create money itself… Well, that means that …
