A hub for independent voices and hard truths
There is a common narrative about the state of the economy that’s often promoted by mainstream media and political figures, particularly those supporting this current administration. According to this narrative, everything is going great – the economy is booming, inflation is under control, and the labor market is thriving. However, …
Predictions that China might indeed become number one have been increasingly frequent since the financial crisis, which slowed growth in the United States and Europe for years afterward. Before the financial crisis, China’s GDP had been growing at double-digit rates for years. Even in the first decade after the crisis, …
FURTHER INVESTIGATION REVEALS IBKR'S DERIVATIVE CLEARINGHOUSE, WHO HAS RECEIVED SWAP RELIEF IN THEIR FIRST WEEK OF OPERATION, OFFERS CONTRACTS RANGING FROM "LEADING ECONOMIC INDICATORS TO GLOBAL WEATHER OUTCOMES"⚠️ https://t.co/PR11z2gREE pic.twitter.com/EePn1XplD4 — M.B. (@741trey) July 13, 2024
https://twitter.com/1CoastalJournal/status/1811757149430640912 https://twitter.com/17296Jay18416/status/1811729236350111902 📈 Earnings Alert $JPM – JPMorgan 2Q Provision for Credit Losses Misses Estimates:∙ Provision for credit losses $3.05b, est $2.83b ∙ Adj revenue $50.99b ∙ Return on equity 23%, est 17.4%https://t.co/ZPPGNUWwcQ pic.twitter.com/vL1LqMwA2c — Smartkarma (@smartkarma) July 12, 2024 We are now to believe that an imploding economy will …
US government debt market collapse has started This has MASSIVE implications for the economy A thread 🧵 pic.twitter.com/woy4GFEsH6 — Bravos Research (@bravosresearch) July 9, 2024 3/ Treasury bonds, typically 40% of an investor's portfolio, have led to significant losses due to their sharp decline — Bravos Research (@bravosresearch) July 9, …
By Martin Armstrong I like Elon Musk for his innovative mind and willingness to speak out against the establishment. Is he part of the controlled opposition? I did not believe it to be true until his recent dealing with the World Economic Forum. Musk himself deemed the ESG policies of …
"Global economic growth acceleration pauses in June, as expansions in output and new orders slow."@SPGlobalPMI pic.twitter.com/b8Q70xKBvN — Daily Chartbook (@dailychartbook) July 8, 2024
This economic indicator just saw a big move down At this rate, the recession threshold will be hit in 2024 The last 3 times it was hit ended in sharp economic downturns Leading to significant stock market declines pic.twitter.com/3h673lqYys — Bravos Research (@bravosresearch) July 7, 2024 RECESSION IN THE US …
They formed the “Alliance of Sahel States,” seeking sovereignty, security cooperation, and closer ties with Russia while opposing French involvement. The alliance emphasizes African sovereignty amid regional security challenges in the Sahel. https://www.msn.com/en-in/news/world/three-african-nations-embrace-russia-kick-out-french-us-troops-exit-pro-west-ecowas-watch/vi-BB1pxTws https://timesofindia.indiatimes.com/videos/international/three-african-nations-embrace-russia-kick-out-french-u-s-troops-exit-pro-west-ecowas-watch/videoshow/111553685.cms
by drsupermrcool Hey all – am working to compile a list of all current structural economic problems that we’re tracking along with the corresponding data/facts to back those points Extended yield curve inversion which predates most (if not all) recessions in the US https://www.usbank.com/investing/financial-perspectives/market-news/treasury-yields-invert-as-investors-weigh-risk-of-recession.html Unemployment has small rises in the …
U.S. economy will be destroyed if countries stop trading in the dollar. Inflation will become uncontrollable, and the dollar’s value will plummet. BRICS nations plan to move off the dollar, potentially using their own or a new agreed-upon currency. Greene blames U.S. foreign policy for this impending crisis. Steve Bannon …
5-year correlation of USD/JPY v. 10y UST yield suggests 10y yield could head back toward 5%. Problem is US can't afford Interest, Entitlements, & Cold War 2.0 at a 5% 10y w/o more USD liquidity. Translation: Weak JPY is as much the Fed's & Treasury's problem as it is the …
by Confoundedinterest17 Well, the Trump/Biden CNN Presidential debate was a disaster … for Biden. It was the worst debate performance I have even seen. Even worse was the “victory” party where Jill Biden treated President Biden like a little child being potty-trained and shreiked that all Trump does is L:IED. How strange …
by Antonius Aquinas The tensions between the West and Russia over the Ukraine have escalated over the past few months with an almost daily occurrence of provocations and belligerent talk mostly from members of NATO. In response, Russia sent a naval contingent to the Caribbean in a show of force. …
China’s annual “618” mid-year e-commerce sales festival recently experienced a decline in sales for the first time in eight years. This event, which is China’s second-largest in terms of annual sales, serves as a barometer for household consumption. According to data from Syntun, the gross merchandise value (GMV) during this year’s …
Buy now, pay later options are becoming more accessible to consumers. A quarter of Americans surveyed in April 2024 said they used buy now, pay later services in the past 12 months, according to a recent report from NerdWallet. The number of buy now, pay later loans increased nearly 1,100% between 2019 …
The iconic restaurant chain Hooters has abruptly announced the closure of 40 locations nationwide, citing the rising cost of food and rent. The restaurant chain, known for its attractive and scantily dressed waitresses, will close stores in Florida, Kentucky, Rhode Island, Texas, and Virginia. “Like many restaurants under pressure from …
(RTTNews) – A report released by the Conference Board on Friday showed its reading on leading U.S. economic indicators fell by more than expected in the month of May. The Conference Board said its leading economic index decreased by 0.5 percent in May following a 0.6 percent decline in April. …
Surprise! US Economic Surprise Index Slumps To -28.10 (Lowest Since 2022)https://t.co/Csapb2jLBY — Jeff Lee 2020 (@JeffLee2020) June 22, 2024 The U.S. Economic Surprise Index dropping to -28.10 is concerning and suggests that the economy is performing worse than anticipated. If this trend continues, it could indeed lead to a recession. …
by confoundedinterest17 I am no forune teller, but this doesn’t look to good for old Joe (Biden). Existing home sales fell -2.8% YoY in May. US existing home sales fell for the third straight month in May (-0.7% MoM vs -1.0% exp). This left home sales down 2.8% YoY (YoY sales …
2/ Over the last 50 trading sessions, investors have grown increasingly bullish on the market This optimism has reached levels of complacency similar to December 2021 Just months before the market began a 25% drop pic.twitter.com/HvhkblDRMP — Bravos Research (@bravosresearch) June 20, 2024 4/ When many investors are bullish, smart …
Job openings are collapsing; the Bloomberg, Citi, and GS economic surprises indices are all below zero; and the Atlanta Fed GDPNow model has cut its Q2 GDP growth estimate from over 4% in mid-May to 1.8% now (and only 1.3% if you exclude inventories). Frosty! pic.twitter.com/USTdO1oQIc — Peter Berezin (@PeterBerezinBCA) …
The insolvency statistics for Ontario in April 2024 reveal a significant increase. Let’s break down the key points: Total Insolvencies: In April 2024, there were 960 bankruptcies and 3,717 proposals in Ontario. This represents a 6.5% increase compared to the previous month and a substantial 34.3% increase compared to April 2023. Consumer Insolvencies: Consumer insolvencies surged by 22.6% during the …
It appears that there is a significant decline in China’s M1 money supply growth rate. According to the data and tweets provided, the M1 money supply in China has been decreasing since June 2023, with the most recent figures showing a 4.2% year-on-year decline in May 2024. This is a …
For the first time since February 2021, inflation-adjusted grocery spending has increased, signaling a positive growth trend after nearly three years of decline. This means that despite inflation, people are now spending more on groceries in real terms. GROCERY SHOPPING 🍞🥩🥦 Inflation-adjusted grocery spending was positive for the first time …
by confoundedinterest17 The US economy is going down. 2024 hasn’t been a good year for Bidenomics. The Economic Surprise Index is falling to its lowest point in years. The economic confidence index has been terrible since Covid and Biden’s Reign of Ecoomic Error. We need to give Biden the hook!’ …
We’re not the only ones that have economic problems. This recession will be global. pic.twitter.com/aHNukwZGof — QE Infinity (@StealthQE4) June 5, 2024 German unemployment has risen by more than expected in a blow to hopes that it is recovering from a downturn. There were another 25,000 people out of work …
They’re looking at their own situation to determine that. GDP is being propped up by government spending and monetary policy, all the while households are struggling with inflation. — Steven Hasty (@StevenHasty) June 4, 2024 The Fed made two cardinal policy mistakes in just two years 1) Calling inflation transitory2) …
Recent economic updates from the U.S. paint a bleak picture, stirring deep unease among investors. The latest indicators, including the sharp decline in the Bloomberg Economic Surprise Index, signal a worrisome underperformance reminiscent of the tumultuous trends observed in 2019. This downturn in economic sentiment comes at a precarious moment, …
