A hub for independent voices and hard truths
Statistical manipulations are at the heart of the Bidenomics success story, according to Brandon Smith of Alt-Market.us – but does that really matter? How would the economic landscape change during a second Trump presidency? From Brandon Smith There is a popular school of thought that believes most economic stability is purely …
Money is pouring into Chinese government bonds. The buying has bid up prices and forced yields down to near record lows. The move has upset the Peoples Bank of China (PBOC), which has expressed considerable concern over what will happen to China’s financial stability when the rally reverses and people, …
by Michael Large businesses are declaring bankruptcy at a staggering rate, and yet we are being told over and over again that the economy is just fine. Needless to say, most of the country isn’t buying it. Survey after survey has shown that most Americans believe that the economy is on the …
by notayesmanseconomics It has been a summer where France has been in the news most obviously with the Paris Olympics. This week it has been added to via the parachuting in of former Brexit negotiator Michel Barnier as Prime Minister. But as ever my concern is with the economy and …
from Kerry Lutz’s Financial Survival Network Kerry and Robert Bork Jr. discussed a range of economic issues, including the proposed economic plan by presidential candidate Kamala Harris, government policies on regulation and control, the challenges and implications of electric cars, and rationalizing economic interests and subsidies. They analyzed the effects of government intervention …
Stocks 📉 often lead the way in economic 📉, with unemployment 📈 only after the damage is done. This happened in both 2000 & 2008—Nasdaq collapsed 📉, followed by a 📈 in unemployment. This highlights why unemployment is a **lagging indicator** when it comes to stock trends. pic.twitter.com/uieAbRkjK3 — The …
U.S. Construction Spending MOM SAAR pic.twitter.com/4yP9esLhtu — Win Smart, CFA (@WinfieldSmart) September 4, 2024 Construction spending decreasing does NOT bode well for jobs in that sector. Construction is not a small piece of the economy either, and spending in other sectors will be negatively affected by increased unemployment in this …
They got the GDP when they built them. Where's the write-off now? China's economic "success" is a paper-thin fraud. It's now catching up with them. https://t.co/PAzckoVhGt — Jim Rickards (@JamesGRickards) September 2, 2024 The property crisis in China continues to weigh down the economy This morning has brought more news on …
CHERRY HILL, N.J., July 30, 2024–(BUSINESS WIRE)–TD Bank, America’s Most Convenient Bank® today announced the findings of its annual 2024 Consumer Spending Index, revealing that half (50%) of respondents say their spending has increased the most on groceries over the last year and more than half (58%) say they spend …
US corporate bankruptcies are the highest in 7 years https://t.co/HjmfYYpxR9 pic.twitter.com/gKJMkltxJQ — zerohedge (@zerohedge) August 30, 2024 Home buying conditions have NEVER been worse: UMich pic.twitter.com/2hnslFk8vS — zerohedge (@zerohedge) August 30, 2024 https://www.youtube.com/watch?v=CQjTaJIzhtk
https://www.youtube.com/watch?v=Z-FK8zfExjQ Everything’s going to shit everywhere. AC
“In the past, luxury brands, and especially foreign brands, have done well in China, but since Covid I see a shift to more domestic brands that offer much better value for money,” he says. “In my sector, we used to see a huge desire for brands like Dyson vacuums and …
WATCH: JD Vance Wrecks NBC Simp Who Was Silly Enough to Challenge Him on Trump's Economic Record | Mike Miller, RedState Oh, this was ugly. Dare I say it was over before it began? Republican vice presidential nominee JD Vance appeared on Sunday's "Meet the Press" this week to… pic.twitter.com/bKZvCec9Qp …
Food prepared at home continues to be a cost-effective option, with grocery prices rising at a modest 1.1% annually, compared to the 4.1% spike in dining out. While some claim inflation is under control, the reality paints a different picture. Families, facing maxed-out credit cards, are cutting back on eating …
by confoundedinterest17 After watching the Democrat hate fest last night (Aka, the Democrat National Convention), I was not shocked that the DNC platform looked like a playbook to destroy the US economy. High taxes, endless spending, more regulations, etc. Not a word about the staggering side of the US debt …
by confoundedinterest17 That’s Biden/Harrisnomics! US Leading Economic Indicators down for their 29th straight month – at a level worse than the trough of COVID lockdowns… …and the head of The Conference Board says ‘nothing to see here’… “The LEI continues to fall on a month-over-month basis, but the six-month annual …
https://twitter.com/AgPacifica/status/1825882905127825554 Ladies and gentlemen, This is it. pic.twitter.com/cV2wb2m7r8 — Otavio (Tavi) Costa (@TaviCosta) August 19, 2024 Gold Bars Are Worth a Million Dollars for the First Time The milestone was reached Friday, when the precious metal’s spot price surpassed $2,500 per troy ounce, an all-time high. With gold bars typically …
They will fake the economic data just like they did during Weimar Germany, and you won't know you are in a recession or a depression until you are waiting in the bread lines. It's called "political arithmetic" and it's always used during periods of monetary debasement and rampant… pic.twitter.com/7hgKSCF8QD — …
BREAKING: Lumber prices have declined to their lowest level since the 2020 pandemic, down 80% in 2 years. Lumber is a leading indicator for the US housing market, global economic conditions, and inflation. The rapid drop in lumber prices suggests that the US residential… pic.twitter.com/Ksc6aqczI0 — The Kobeissi Letter (@KobeissiLetter) …
JUST IN: Biden CONFIRMS Harris’ economic plan will not deviate from his.. pic.twitter.com/83qW8wk4lR — Chuck Callesto (@ChuckCallesto) August 15, 2024 https://twitter.com/_/status/1824144320040927531 h/t Dan
https://www.youtube.com/watch?v=xa7O9C28mC0 The debt level has grown to an unsustainable level for the people, as time goes the people will not be able to survive. The system is breaking apart and no matter what the Biden admin does it will fail. The [CB] will not be able to handle the economic …
Overnight, the BOJ fueled a global RISK ON rally with their announcement that there will be no further rate hikes while markets are "unstable":https://t.co/nX1iahwa8M For pundits such as Zerohedge who are still asserting that a mere .25% rate hike imploded the global Ponzi… pic.twitter.com/38TOmfe5gR — Mac10 (@SuburbanDrone) August 7, 2024 …
Joe Biden’s senior economic advisor Gene Sperling resigned on Monday after stocks tumbled around the world. Japan’s Nikkei lost 4,451 points on Monday, its biggest single day loss since 1987. The ‘Magnificent Seven’ will shed $1 trillion in value, Reuters reported. Apple and Nvidia led the sell-off. The DOW tumbled more than 1,000 …
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 …
🚨GLOBAL RECESSION ALERT🚨 Copper plummeted below $4.10 for the 1st time since Mar 2024, heading for the worst streak since the Pandemic CRASH. Copper fell for 9 days straight, as inventories SPIKED to highest since 2020. As a reminder copper is a key economic bellwether. pic.twitter.com/FGTB5A3fzt — Global Markets Investor …
via notayesmanseconomics This morning has brought another economic worry for the Euro area and the ECB. We had started 2024 with ECB President Christine Lagarde pointing to signs that the economy was picking up. This was followed by 0.3% GDP growth in the first quarter and probably something similar in …
BREAKING: US job postings declined 12.4% year-over-year to their lowest level since April 2021. Overall, US job postings are down by ~50% since their December 2021 record. However, nationwide job postings are still 11.7% above their pre-pandemic baseline, according to Indeed.… pic.twitter.com/ACKWXNMDvi — The Kobeissi Letter (@KobeissiLetter) July 22, 2024 …
