A hub for independent voices and hard truths
Observation: Stocks are making their numbers but lowering guidance. These companies are warning you the economy is slowing down. Stocks are priced for perfection which is why the reactions to bad guidance are so violent. — QE Infinity (@StealthQE4) May 30, 2024 Stocks are meeting their current numbers but issuing …
Authored by Matthew Lysiak via The Epoch Times (emphasis ours), Beef prices skyrocketed to a new record high this Memorial Day weekend as industry experts warn costs could continue to rise even higher if current regulatory and economic conditions remain unchanged. Recently released data shows that “all fresh beef retail value,” a composite …
The recent surge in gold prices serves as a stark contrast to the cautious approach taken by wealth advisors, with a significant 71% allocating only 0-1% of their portfolios to the precious metal. What’s even more striking is the absence of any investors holding 10% or more in gold—an indication …
As I warned 3 months ago in the article below, “JAPAN END GAME” will be a deeply devalued $JPY and a worthless #NIKKEI (both in nominal and absolute value) As a matter of fact last #Japan #stocks last week recorded their largest outflow… EVER! 🤷🏻♂️🙈 https://t.co/ATIBAv402j pic.twitter.com/3l8uroQSQF — JustDario 🏊♂️ …
by confoundedinterest17 I saw former President Obama criticizing former President Trump for not passing “transformative” changes. That is, Trump didn’t sign any Obama-like transformative changes (like Obamacare). Truimp did try to slow down the damage done by Obama and his transformative agenda (e.g., open borders, wealth redistritution, green energy) that …
BY DAVID HAGGITH It’s never a good sign when an old dormant volcano starts showing numerous new cracks. Photo by Filipe Freitas on Unsplash A huge crack just busted open in the US financial world. It reeks of the sulpherous fumes of the old financial crisis: First Time Since GFC: Holders Of AAA …
IT'S HAPPENING British politician Andrew Bridgen just CALLED OUT the World Economic Forum in parliament. SHARE – The TRUTH is coming out👇pic.twitter.com/ek0nkXqw3w — PeterSweden (@PeterSweden7) May 22, 2024 This will never not be worth posting at any point in future as a reminder of what we had to fight against …
The financial system of the United States has been a symbol of strength, resilience, and stability for a long time, which has supported the nation’s economic power on the global stage. However, recent revelations and increasing evidence suggest that the country’s largest banks are on the brink of a severe …
The SPY (S&P 500) ETF has surged with a nine-day winning streak, marking its longest stretch to a new high since 2020. Despite economic concerns signaled by the Citi US economic surprise index, the S&P 500 approaches record highs. In a surprising twist, bad news appears to be driving market …
This is not looking good at all … Core PPI, which excludes energy costs, spiked by 6.1% annualized in April from March, seasonally adjusted, the biggest increase since July, also driven by the spike in services and made worse by the downward revision of the prior month.… pic.twitter.com/R8q0D3BNAr — Wall …
This is nothing short of a crisis for young Americans. The staggering increase in debt levels among Gen Z, coupled with stagnant earnings, paints a grim picture of financial stability for the next generation. It’s alarming to see that despite earning less, they’re saddled with significantly more debt than Millennials …
The Umich sentiment survey highlights that mainstream media reporters aren’t overly concerned about depicting the economy positively, as consumer sentiment reflects the harsh realities of maxed-out credit cards, elevated interest rates, and a weakening job market. This survey sheds light on a concerning reality: despite the media’s attempts to paint …
Recent economic surprises have not been bullish. 👇🏼 pic.twitter.com/2XR12mHstx — Kalani o Māui (@MauiBoyMacro) May 10, 2024 March consumer credit +$6.27 billion vs. +$15 billion est. & +$14.13 billion in prior month … revolving credit +$0.2 billion; nonrevolving +$6.1 billion pic.twitter.com/t8ONME4QCm — Liz Ann Sonders (@LizAnnSonders) May 7, 2024 Some …
In a rebuke of the neo-liberal orthodoxy which has dominated both major political parties in Britain, a study has found that mass migration has not actually stimulated the economy and has been a major drag on public services and the housing sector. bet its the same in the US too …
Authored by Brandon Smith via Alt-Market.us, If people have learned anything from the past few years of Ivy League elites and TV talking heads feeding them economic predictions, I hope they finally understand that the “experts” are usually wrong and that alternative analysts have a far better track record. Whenever …
Undecided voters in swing states unanimously favor Trump’s policies over Biden’s, citing concerns about grocery costs and dismissing Biden’s economic record as laughable. A panel of undecided voters in swing states unanimously agree Trump's policies would be better for their families, laughing at the mention of Biden believing his economic …
The AI chip market faces a significant downturn with net sales plummeting by nearly 25% sequentially and over 40% compared to the previous year. Amidst inflationary pressures and concerns over misdirected investments, every chip company is being labeled as an AI play, raising doubts about the sustainability of the market. …
Undecided voters in swing states unanimously favor Trump’s policies for their families, criticizing Biden’s economic record during a panel discussion. A panel of undecided voters in swing states unanimously agree Trump's policies would be better for their families, laughing at the mention of Biden believing his economic record is "good." …
A clip featuring Jared Bernstein, Chair of the Council of Economic Advisers, has garnered attention, with critics expressing concern over his role in shaping US economic policy under the Biden administration. This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of …
Tensions escalate as Federal Reserve Chair Powell and Treasury Secretary Yellen offer conflicting narratives amidst economic turbulence, exacerbating concerns over stagflation. Powell’s dismissal of stagflation contradicts recent economic indicators, including a sharp GDP growth downgrade to 1.6% and consecutive months of surging PCE inflation. In a puzzling turn, Yellen asserts …
Reflecting on 1980’s economic conditions reveals striking similarities with today’s environment, from soaring interest rates to a divided economy. Key points: Fed Chair Paul Volcker raised the Fed Funds Rate to 14% by January 1980, with mortgage rates peaking near 20%. Despite high rates, home prices remained high due to …
Taylor Kenney discusses the Federal Reserve Domesday Book. Delve into its clandestine contents and learn how this secret collection of documents grants the Federal Reserve unparalleled authority to operate outside the law, leaving us vulnerable and questioning the limits of financial safeguards. From historical expansions to contemporary implications, we dissect …
As US credit card debt breaches the $1 trillion mark, the juxtaposition of this financial burden against heightened economic sentiment on Twitter raises questions about the nation’s financial health. US credit card debt is skyrocketing past $1 TRILLION. People are literally living and surviving on credit card debt. How is …
As ground is broken on the Brightline West high-speed rail system connecting Southern California and Las Vegas, anticipation builds for faster travel and economic prosperity. With speeds comparable to global high-speed systems, this project marks a significant milestone in U.S. transportation infrastructure. Key Points: Ground has been broken on a …
Anyone doubting that China is well on its way to a Japanese-style lost economic decade has apparently missed the bursting of its massive housing and credit market bubble and the souring of U.S. and European trade relations with that country. And if China, the world’s second largest economy, were to …
Investor euphoria persists despite recent market drops, raising concerns about the absence of hard lessons since 2009. Glenn Kelman’s insights resonate deeply with real estate professionals, highlighting a housing recession amid a booming economy. As monetary policy falters and debt cycles override business cycles, the strain on households becomes palpable, …
A financial shockwave reverberates: Discover credit card charge-offs peak since 2008, while Four Seasons Maui faces default on a $234 million loan. Amidst the unexpected downturn, even luxury icons falter, signaling broader economic turbulence. This is totally nothing like 2008 guys, relax! Also: Discover credit card charge offs hit highest …
The rising number of layoffs across various industries is a worrying trend. Despite the supposed economic growth, many people are losing their jobs. Even industries that were believed to be safe are not immune. This is causing concern as it hasn’t been seen in recent years. Moreover, the level of …
The wealthy are building “passport portfolios” — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. Recent high-profile examples of second citizenships include billionaire tech investor Peter Thiel, who added a citizenship in New Zealand, and former Google CEO Eric …
