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Shelter CPI increased 5.2%. That’s the 29th consecutive month above 5%, the longest period of elevated housing inflation since the early 1980s.

The Shelter Consumer Price Index (CPI) has indeed increased by 5.2%, marking the 29th consecutive month of housing inflation above 5%. This is the longest period of elevated housing inflation since the early 1980s. Rising shelter costs continue to be a significant factor in overall inflation, impacting affordability for many households. h/t Perfect_Alarm_2141

Trudeau’s govt collapses. Early elections in Canada

(Bloomberg) — A parliamentary pact that has kept Canadian Prime Minister Justin Trudeau’s Liberal Party in power has fallen apart, increasing the chances that an election will happen soon. New Democratic Party Leader Jagmeet Singh announced he’s pulling out of a power-sharing deal he signed with Trudeau in 2022, saying the prime minister is “too …

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The labor market has now begun cracking… This is the early phase before an economic downturn unfolds

This is the early phase before an economic downturn unfolds Buckle up pic.twitter.com/LFwQz6rIMe — Bravos Research (@bravosresearch) August 1, 2024 This is how the 2008 Financial Crisis crash unfolded 👇 pic.twitter.com/qYvdaiJQNd — Bravos Research (@bravosresearch) August 2, 2024 A record 53% of investors turned bullish on 17th July This coincided with the peak of the …

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NVDA has excited investors over the last 5 years almost as much as CSCO in the back half of the 90s and into early 2000.

"NVDA has excited investors over the last 5 years almost as much as CSCO in the back half of the 90s and into early 2000."@DataTrekMB pic.twitter.com/dLTNi1aXfg — Daily Chartbook (@dailychartbook) July 11, 2024 So we had a significant inflection is rates expectations today with cuts brought forward and 3 cuts priced in for 24, yet …

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Study finds declining credit scores may signal early onset of Alzheimer’s, with delinquencies spiking before diagnosis.

A financial tool that millions of Americans rely on, known as a credit score, could be hiding a sinister secret about your brain health, experts warn. A new study by the New York Federal Reserve and Georgetown University has uncovered a disturbing link between declining credit scores and the onset of Alzheimer’s disease and related dementias (ADRD). The research, …

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US Economy Slowing Like Biden, Down To 1.7% (According To Hot ‘Lanta Fed), Mortgage Payment As % Of Income Near Highest Since Early 1980s

by confoundedinterest17 Hot ‘Lanta! Or perhaps COLD ‘Lanta! And despite what Biden says, thiere isn’t an economic revival. Yes. everyone can see the mental decline in President Biden and he should be in a nursing home. While he vows to run for President against Donald Trump, can you imagine what he will be like in 2 years? …

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US corporate bankruptcies in June reach highest monthly level since early 2020

Corporate bankruptcies in the United States surged to their highest monthly level in June 2024 since early 2020. A total of 75 companies filed for bankruptcy during that month, surpassing the numbers seen in June and July of 2020. The increase in bankruptcies is attributed to factors such as high interest rates and rising wages, which …

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For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s.

For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s. byu/Perfect_Alarm_2141 ineconomicCollapse The Consumer Price Index (CPI) has been on the rise. As of April 2024, the CPI in the United States has been consistently above 3% for 38 consecutive months. …

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Mortgage Rates Rise, Over 7% since Early April, Buyers Remain on Strike, Housing Market Still Frozen as Prices Are Too High

The over-7% mortgage rates seem to have become a fixture in the housing market. The average conforming 30-year fixed mortgage rate edged up to 7.07% in the latest week, and has now been above 7% since early April, according to the Mortgage Bankers Association today. During Rate-Cut-Mania, the average mortgage rate had dropped to 6.76% …

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U.S. Accused of Taking Out Russian Nuclear Missile Early Warning System in Latest Escalation

via Natural News: Fears are growing that a major escalation could be on the horizon in the Russia-Ukraine conflict following a Ukrainian drone strike on a Russian radar station for tracking nuclear missiles that some Russian officials believe the U.S. was behind. This week, Ukraine hit the high-tech Armavir radar station in the border area of …

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BREAKING: China TV Broadcasts China Will Reclaim Taiwan. Preps Public for War. Target Date: Early June

https://twitter.com/_/status/1794012662931570931 https://twitter.com/_/status/1794177177279451204 https://twitter.com/_/status/1794183467623751810 https://twitter.com/_/status/1793859809063915956 https://twitter.com/_/status/1793727841210884233 https://twitter.com/_/status/1794125160078823449 https://twitter.com/_/status/1793684668015083867 https://twitter.com/_/status/1793621328332808281 https://twitter.com/_/status/1793633291045921182 https://twitter.com/_/status/1793915302864130270 https://twitter.com/_/status/1793915469721931944 h/t DOORBERT

Goldman Sachs Gives an Early Xmas Gift to Gold Owners

This week, we take a deep dive into a gold price forecast so bullish we had to read it twice. Here’s why Goldman sees gold surging (and why silver’s surely not far behind)… From Peter Reagan for Birch Gold Group This week, Your News to Know rounds up the latest top stories involving precious metals and …

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Lock em up! BLS releases CPI data early

The CPI was “leaked” 30 minutes early ( likely to big institutions or banks because f**k the Poor’s) and last month we found out JpMorgan and BlackRock ( I believe it was blkrk) get a super exclusive sneak peak at CPI data prior to their release so they can front run the market on trades …

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Low testosterone leads to early death.

It has long been thought that testosterone shortens men’s lives. Studies in neutered animals and Korean eunuchs seem to confirm this. However, a new study, published in the Annals of Internal Medicine, draws these findings into question. In this study, led by a team at the University of Western Australia, the researchers combined the results …

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Scotland’s First Minister Humza Yousaf Expected to Resign as Early as Monday

🚨🏴󠁧󠁢󠁳󠁣󠁴󠁿 BREAKING: Humza Yousaf to Resign as Scotland's First Minister He is set to resign amid political turmoil, facing a no-confidence vote and internal party divisions. T Yousaf's controversial statements and policies, including remarks on "white people and support for woke… pic.twitter.com/7wLx0wcNnG — Mario Nawfal (@MarioNawfal) April 29, 2024 Humza Yousaf’s resignation comes weeks after …

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It may be a bit early to declare a full-fledged global currency crisis, but things moved decisively in that direction this week

via creditbubblebulletin: Weekly Commentary: World-Wide De-Risking/Deleveraging Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WW3.” I’m afraid the same cannot be said for the beginning of WW2D (World-Wide De-Risking/Deleveraging). Key speculative leverage epicenters were under notable pressure this week – global …

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Lara Trump — Legal ballot harvesting, voting early and drop boxes are a big part of the new RNC strategy.

Newly-elected Republican National Committee co-chair Lara Trump said it is time for the RNC to up its game and compete with more strategy against the Democrats. “We’ve been playing checkers, and the Democrats have been playing chess,” Trump told the Washington Examiner. Trump was elected on Friday to replace Drew McKissick. Michael Whatley, the former …

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Early WARNING signs that buyers are weak

Early WARNING signs that buyers are weak$SPX $QQQ $META $TSLA $AAPL $AMZN pic.twitter.com/XpVNKfcW0Q — Simplifying Stocks, CPA (@FinFluentialx) February 3, 2024 “The name of the company is Meta. It's a cutting edge high-tech company with a super sophisticated business model of laying off 11,000 employees, generating a crap ton of free cash flow, buying back …

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Volvo, An Early Electric Car Adopter, Cuts Off Funding For Its EV Affiliate – Stock jumps 20%!

Volvo Car said it won’t provide further funding to Polestar, the electric-car maker it created with Volvo’s Chinese owner Geely—the latest EV retrenchment by the global auto industry. The auto industry’s pivot to electric vehicles has been rocked by setbacks this year, just as a flood of new battery-powered models is hitting showrooms. Earlier this …

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BREAKING: As early as tonight, Joe Biden will authorise US military action in the Middle East.

Biden faces pivotal moment as he weighs retaliation for soldier deaths in Jordan drone strike As early as tonight, President Joe Biden will authorise US military action in the Middle East. It is likely to be one of the most consequential decisions of his presidency. At stake, the credibility of American deterrence and the teetering …

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First 2024 CNN Electoral Map Suggests Trump Advantage: Early Insights into Potential Paths to 270 Votes…

Map of 2024 based on CNN projections Obviously take this with a grain of salt, but if this is indicative of reality and holds until November, this year will be interesting pic.twitter.com/IEsIGTaVrX — Jesse Hughes ✝️🇺🇸 (@JesseHughes) January 6, 2024 CNN has come out with its first electoral map of the campaign season and the …

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Buckle up for 2024; early 14% VIX surge hints at a bumpy ride after historic 2023 highs.

The volatility index, $VIX, surged 14% today, marking its most significant daily jump since October 13th. This unsettling start comes as oil prices soar, the 10-year note yield approaches 4%, and the Dow experiences a 200+ point drop. Interest rate cut futures, indicating market expectations, have slightly retreated, but still project six cuts in 2024. …

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Vehicle inventory at its highest since early 2021, driving expectations of increasing incentives across brands.

New vehicle inventory is now at the *highest* level since early spring of 2021. Expect incentives to keep rising for most brands. — Car Dealership Guy (@GuyDealership) December 23, 2023 Updated market day supply for NEW vehicles, major markets.Compared to October numbers (just over 2months):Chevrolet, Nissan, Subaru, Kia almost 50% increase in MDS, and Dodge …

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Market Echoes Early Pandemic Panic Buying: High Beta Collapses, No Mega-Stimulus Support This Time; Longest-Ever Yield Curve Inversion Raises Economic Concerns.

In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, adding to economic uncertainty. Notably, Broadcom has emerged as a front-runner in the semiconductor industry, …

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