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As Congressman Jim Clyburn seeks to downplay inflation concerns, attributing them to social media disinformation, a stark reminder of the gravity of the situation interrupts the narrative. Just as his words reach the airwaves, breaking news shatters the illusion, revealing yet another surge in inflation rates, painting a picture of …
2/ On 1st Oct 2007, Gold broke out to ATH for the 1st time in 1.5 years Thereon, the US unemployment rate began rising rapidly and economy growth slowed down Which ended in the 2008 Financial Crisis pic.twitter.com/Ws5AjjTaz3 — Bravos Research (@bravosresearch) April 10, 2024 4/ Today, Gold is once …
Americas’ Unemployment Problem In 2023, the United States reported an unemployment rate of 3.4%, marking the lowest figure in 54 years with nearly 11.2 million unemployed Americans. Despite this historic low, the narrative surrounding America’s Unemployment Problem reveals a complex and multifaceted issue. The early months of 2024 have shown …
Governments around the world are diving into debt to keep their economies going. That makes things seem fine at first, but it leads to massive inflation. Buckle up, because more is coming. https://t.co/4B8E6z9BCW — Wall Street Mav (@WallStreetMav) April 5, 2024 The @NDR_Research Daily Commodity Sentiment Model is at its …
Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s end. https://t.co/kE2FRuOw8p — Danielle DiMartino Booth (@DiMartinoBooth) April 4, 2024 …
Earlier this week, Xi spent nearly two hours on the phone with President Joe Biden, striking a markedly friendlier tone than before. This comes after November’s San Francisco summit, in which Xi promised all sorts of goodies to the US and left analysts wondering what on earth China got in …
Many Americans have felt the rising cost of housing, with the median mortgage payment rising 78% in the last three years for homebuyers. This issue has been worse in certain Canadian cities: https://t.co/cAgP5Pmd7e — Reef Insights (@ReefInsights) April 2, 2024 So we have a healthcare issue, we have a housing …
For the first time in over 20 years Turkey President Recep Tayyip Erdogan is set for a landslide defeat in local elections… Ekrem Imamoglu is pro-Palestinian candidate and said Turkey should show the same conviction as South Africa.. Ekrem Imamoglu said Turkey should end trade… pic.twitter.com/qcUywiTNMW — Pelham (@Resist_05) April …
via AIER The American Enterprise Institute has reprinted Edward C. Banfield’s little-known 1951 book, Government Project, which was a post-mortem of a defunct, quasi-socialist New Deal-era agricultural project in drought-prone Pinal County, Arizona. The Foreword to the 2024 edition, written by Kevin Kosar, spouse of Banfield’s eldest granddaughter, asks, “Why would [the …
Economic data looks rosy, so why are people complaining? Maybe it’s because the data is being manipulated. Consider this:– BLS Household Survey shows 5 million fewer employed workers than its payrolls survey– Phila Fed just admitted payrolls overstated by 800k– The… — Robert F. Kennedy Jr (@RobertKennedyJr) April 1, 2024
From Peter Reagan for Birch Gold Group There is a big disconnect between what the White House would like you to believe about the economy, and how most Americans are feeling about it right now. Some members of the Federal Reserve board, including Chairman Powell, tried to listen to the concerns …
by Michael How much longer will the Biden administration and the mainstream media continue to deny that we are in the midst of a very painful economic downturn? Debt levels have never been higher, delinquency rates are spiking, the commercial real estate market is crashing, the banking industry is mired …
https://twitter.com/WallStreetSilv/status/1772015363586134336 Cuba’s government has for the first time asked the UN’s food programme for help as food shortages on the Communist-run island worsen. The World Food Programme (WFP) said it had received an unprecedented official request from the Cuban government for help providing powdered milk to children under seven years …
This move has sparked intense debate among economists, policymakers, and the public. Once considered an extreme idea, UBI has become mainstream, challenging how we view the social contract and the government’s role in ensuring citizens’ well-being. As the economy changes rapidly due to technological advancements, globalization, and shifts in labor, …
Manufacturing is dying…inflation is broadening…and the kids are trading a coin called “Joe Boeden” https://t.co/j5rTZY0CMz pic.twitter.com/V7mwSuLUc0 — Will DeCotiis (@Will_DeCotiis) March 15, 2024 The latest data from the U.S. NY Empire State Manufacturing Index paints a grim picture, with March’s figures plummeting to -20.9, indicating a rapid decline in the …
"Economic sentiment decreased over the last two weeks, falling for the third consecutive reading to its lowest point since December."@CivicScience pic.twitter.com/v2YdpW12w1 — Daily Chartbook (@dailychartbook) March 14, 2024 Economic sentiment has been on a downward trend lately, taking a hit over the last couple of weeks. And guess what? Insider …
Table is from December's report. Check out this supplementary table & the Reasons for Default – notice the uptick in both unemployment and NO Contact Those "no contact" are a combo of people who feel embarrassed and investors…these days less people are embarrassed pic.twitter.com/J7Sk7oqYuT — Melody Wright (@m3_melody) March 11, …
China keeps publishing fewer and fewer economic statistics. JPMorgan via @SnippetFinance pic.twitter.com/zqniXk0wbl — Tracy Alloway (@tracyalloway) March 11, 2024
The intricate dance of economic indicators has unveiled a story of shifting tides in residential construction spending, mortgages, and job cuts. Let’s delve into the latest data and decipher the narrative. As the residential construction spending spotlight dims, a critical player takes center stage: borrowing. A decline in borrowing echoes …
Chart for future history books pic.twitter.com/uHb3DSTgRX — Michael A. Arouet (@MichaelAArouet) March 8, 2024 In the intricate dance of financial markets, certain patterns emerge as echoes of the past, and the current landscape seems to be no exception. The prevailing narrative of economic optimism faces scrutiny as key indicators suggest …
Argentina’s Milei warns lawmakers he will make reforms ‘with or without’ them Argentina’s libertarian President Javier Milei, in his first policy speech to parliament Friday, said he would push his package of sweeping economic reforms whether or not legislators back it. “We are going to change the country for good… …
Remington Arms, one of the oldest firearms manufacturers, decided to relocate significant parts of its operations out of New York due to a combination of factors, primarily driven by legislative and economic considerations. pic.twitter.com/KdNSEColqL — @amuse (@amuse) February 21, 2024
It might be the easiest answer on Jeopardy: Where is most economic growth in the United States happening? If you took “Red States” you win a cookie. The United States is experiencing rapid growth and job creation, with most of the growth occurring in red states. ABC News doesn’t quite …
The P.A.S. Report, Released on 2/17/24 In this episode of the P.A.S. Report podcast, Professor Nick Giordano is joined by Professor Dave Collum. They discuss the economic disconnect within the market, and how the government can only artificially manipulate the economy for so long. They also discuss the increasing global …
https://www.oftwominds.com/blogfeb24/recession2-24.html The history of the past 40 years “proves” the Fed & Govt can effectively contain all recessions: all recessions since 1981-82 have been shallow and brief, basically a spot of bother that lasts one quarter. We’ve habituated to both the bubble economy and the speculative mania so that these …
Like Japan before it, a declining birthrate and an aging population have precipitated a drop in the proportion of the working-age population and the savings rates in China, impacting long-term economic growth In response, China needs to boost the supply of labor through relaxing birth restrictions and raising the retirement …
Amidst widespread disillusionment with stocks, property, and various domestic assets, Chinese mom-and-pop investors are left poorer and angrier. Gold emerges as the only resilient asset amidst the financial turbulence. As investors lose faith in traditional avenues, gold gains favor as a safe haven. However, discontent looms as stock investments falter …
https://www.cnbc.com/video/2024/02/05/china-had-20-plates-spinning-and-they-are-all-crashing-right-now-says-hayman-capitals-kyle-bass.html China’s deflation problem keeps getting worse In the latest sign of the country’s worsening deflation problem, fresh data showed consumer prices in China tumbled in January at the sharpest rate in 14 years. The National Bureau of Statistics attributed the deflation numbers to floating holiday effects, given that Lunar …
A top asset management firm has warned China’s economic crisis is going to “get much worse.” Hayman Capital founder Kyle Bass has warned that President Xi’s overreliance on real estate has sent its economy tumbling toward 2008-era financial conditions. It comes as Chinese markets have suffered a $7 trillion fallout …
China has overtaken India as the world’s number 1 consumer of gold jewellery. China understands the era of gold very well. — Gold Telegraph ⚡ (@GoldTelegraph_) February 3, 2024 China’s gold rush: world-leading jewellery surge shows how other investments have lost their shine China has overtaken India as the world’s …