Independent thinking for complex markets and current events
Marc Faber joins Maggie Lake to explain why he believes 2026 is likely to be a difficult year for U.S. markets after decades of asset inflation driven by falling interest rates and policy intervention. He discusses why real-world inflation feels much higher than official yields, why long-term bond markets matter more than central bank promises, …
US consumers are getting even more pessimistic about the stock market: A record 12% of Americans see no chance that stocks will increase over the next 12 months, according to a UMich survey. This percentage has tripled over the last 2 months. It has also surpassed previous peaks seen near 2022, 2009, and 2022 market …
Harvard Law incoming class has just 19 black students after Affirmative Actions squashed It is what it is in a free, anti-racist & colorblind society. How many people in the class have blonde hair, green eyes, are left-handed? Imagine rejecting someone who was qualified for more left-handed people.. or brown people. That would be silly …
You’ve probably never heard of “doom spending,” but it’s important. Doom spending is clearly a warning of an economic nosedive. Learn what it means and how to prepare now, so the consequences don’t take you by surprise… Photo by freestocks on Unsplash From Peter Reagan for Birch Gold Group Doom scrolling. You may have heard the term. It’s where …
We need Trump, RFK JR and Elon to save humanity. Elon on saving humanity….it's true. pic.twitter.com/nnjTdWfKMT — floridanow1 (@floridanow1) September 26, 2024 HOLY SH*T 🚨 Robert F. Kennedy Jr just exposed Democrats for poisoning children’s food 👏 🔥 THIS IS MASSIVE pic.twitter.com/32ZOlo6Tvy — MAGA Voice (@MAGAVoice) September 25, 2024
KEY POINTS “Doom spending” occurs when you spend to cope with stress from such things as the economy and your finances. 27% of survey respondents admitted to doom spending, and 32% have taken on more debt in the last six months. Doom spending may be even more common among millennials (43% reported doing it) and Gen …
China’s economic imbalances are turning only more precarious. For example, there are an estimated 300 EV manufacturers in China. Talk of “deflation” misses the point. The maladjusted Chinese system now requires upwards of $5 TN [of new debt] annually to hold systemic Bubble collapse at bay. At Beijing’s direction, “Terminal Phase” Credit excesses continue to …
via RT: Global logistics companies have been hit with rising ocean and air freight prices and stranded cargo as a result of vessels being diverted from the Red Sea amid the risk of attacks from Houthi militants in Yemen. According to a CNBC report this week citing industry experts, the situation threatens global supply chains, …