A hub for independent voices and hard truths
On a hazy Southern California morning, undercover police officers watched Jiayong Yu step out of a Range Rover in a strip-mall parking lot and walk into a Chase bank with a black-leather backpack full of cash. At the teller window, …
Japan wage shock: Real wages plunge to -2.1% YoY, the worst in two years, and a deflationary disaster for the BOJ which puts a final nail in any hiking plans. If anything, BOJ should restart NIRP and boost QE (but …
“Deutsche Bank’s forecast points to a sharp deterioration in S&P 500 earnings growth, with Q2 expected to turn negative and a deeper contraction anticipated later in 2025 if tariffs persist, marking a stark divergence from the more optimistic bottom-up consensus.” …
Glorified drop shippers getting destroyed out there lol pic.twitter.com/I9d9G3XpwB — Darth Powell (@VladTheInflator) May 5, 2025
Listen to the head of the Port of Los Angeles. No single person is getting more real time data about the economy than this guy. He says we are fucked. pic.twitter.com/QNmJc8FKw4 — Spencer Hakimian (@SpencerHakimian) May 3, 2025 h/t telling …
by azavio Complement to a former post. Any jump in airlines stock price is just dancing around for now The Travel crisis that is emerging will affect other industries that profit fromn tourism, like real estate https://finance.yahoo.com/news/very-rapid-drop-domestic-demand-182820043.html https://www.reddit.com/r/wallstreetbets/s/7nEvEsNjpp https://sherwood.news/business/us-airlines-in-a-recession-southwest-ceo/ On the …
This sell-off is technical. Volume isn’t as heavy as it was during the prior weeks’ panic, suggesting this is more about a lack of conviction to buy rather than aggressive selling. What feels dull and uninteresting today could look appealing …
We haven’t seen the full effects of the 10% tariffs, the Chinese embargo, or the uncertainty in the economic data. The 25% auto tariffs on Canada and Mexico haven’t kicked in. Canada and the U.S. have a deeply integrated auto …
1) On a month over month basis, home values dropped in 24 of 50 states in March. The drops in value were most concentrated in the Sun Belt and Mountain West, as well as California. pic.twitter.com/xOuFYpoPNq — Nick Gerli (@nickgerli1) …
Retail dip buyers may vanish when reality finally lands. Given how overpriced the U.S. stock market is, and the severity of the coming recession and earnings decline, it still has a long way to fall. In fact, despite the decline, …
Last week’s trade data shows an incredibly bleak picture for the economy: – 49% drop in global container bookings – 64% drop in U.S. imports. – 30% drop in U.S. exports. The data from March 24-31, 2025, compared to the …
Live look at the New York migrant crisis: This is the outside of the men’s migrant shelter that opened up at the end of February in the Bronx. It’s doubling as both a shelter and a mailroom where migrants can …
Retail investor activity is higher today than it was prior to the 27% ^IXIC drawdown in Feb (hard to believe) – this likely stays the case through another larger downside impulsive move We’ve never had so many households or individuals …
https://twitter.com/newstart_2024/status/1909996115799273649
Saw the Navarro interview on CNBC this morning. The Trump administration is not budging on anything. They don’t have any interest in negotiation. They want trade on their terms period. Now Europe is retaliating. All I see are lower stock …
https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html HOLY FUCK. This is worse than the nuclear option:https://t.co/bYpi0vI8Zl The good news is that I think the Fed will be cutting rates by next week when markets go into Trump Lehman mode this week. EM currency crisis on deck. …
US ComSec Lutnick: 20% China Tariff Would Drop If Xi Offers Fentanyl Cuts – BBGTV — LiveSquawk (@LiveSquawk) April 3, 2025
BREAKING: Job postings on Indeed dropped -10% year-over-year last week to the lowest in 4 years. Over the last 3 years, job postings have declined -33%. As a result, available vacancies are just 8% above pre-pandemic levels. Additionally, NEW job …
Bitcoin is about to make a big move. And according to china liquidity injection, is to the downside. pic.twitter.com/lO5XrNFgR2 — Guilherme Tavares (@i3_invest) March 27, 2025 Bitcoin Mauling season on approach. pic.twitter.com/v1IkbAhCTz — The Great Martis (@great_martis) March 26, 2025 …
The damage to the economy is becoming undeniable as we face government layoffs, spending cuts, tariffs, and increasingly strained international relations. The Trump administration’s policies have angered some of our closest allies, deported countless individuals, and led to the harassment …
TSLA is at 271. It was $225 when Tim Walz was so excited about the stock dropping. It was $172 a year ago. Can Democrats do anything right? https://t.co/p7c5OWXCoq — Karol Markowicz (@karol) March 24, 2025
NEW ‼️ US Border Patrol is securing San Diego, California San Diego sector acting Chief Patrol agent “You cross illegally here in San Diego sector, you will face consequences” – 6 MILES of new razor wire has just been installed …
TLDR: GDPNow estimates a -1.8% annualized GDP decline for Q1 2025, signaling contraction. Two straight quarters of GDP decline typically indicate a recession. Policy uncertainty, including tariffs and mass-firings, threatens further economic damage. Federal worker layoffs could devastate local economies, …
Inflation is now just 1.35% according to real-time index Truflation. Eggs are down 30%. Oil is down 14%. Commodities are falling a percent per week. Expected housing inflation went from 12% to just 1.1%. The left is scrambling for new …
Nearly $3 trillion of U.S. debt is expected to hit maturity in 2025, much of it of a short-term nature. That could provide another headache should the market not be prepared to absorb what already is expected to be massive …
Stock market, indices, and magnificent 7 signal double top trading signal
by confoundedinterest17 Did Jerome Powell and The Federal Reserve push markets too hard? Sales of existing single-family houses, townhouses, condos, and co-ops that closed in January dropped by 4.9% from December, seasonally adjusted, to an annual rate of 4.08 million sales, according …
January saw a sharp pullback in consumer spending, suggesting a potential slowdown in economic growth, according to a Commerce Department report released Friday. Retail sales dropped 0.9% for the month, following an upwardly revised 0.7% gain in December.. Much worse …
Costco’s stock price is a gravity-defying spectacle, but the laws of parabola always win. A grocery store, no matter how beloved, should not be trading at a P/E of 62. That’s not sustainable; that’s euphoria. Every bubble looks justified until …
