A hub for independent voices and hard truths
Amidst the fanfare of Bitcoin projections and market optimism, a stark reality unfolds. The brilliance of hooking investors in and then pulling the rug is now evident, as an analyst downgrades Nvidia, attributing it to the implosion of the Artificial Intelligence hype cycle. The current economic landscape exacerbates the crisis, …
Real Time Credit Card đź’ł Spending pic.twitter.com/wGZgxYaTGZ — Win Smart, CFA (@WinfieldSmart) January 3, 2024 Buying conditions have collapsed pic.twitter.com/jUZ7ebxaqM — Bravos Research (@bravosresearch) January 3, 2024 "The share of U.S. homebuyers looking to move to a different metro area declined for the third straight month in November, dropping to …
Starting off 2024 with: – Record U.S. debt – Record U.S. debt interest payments – Expected record U.S. Treasury issuances in 2024 – Record speculative-grade debt maturing over the next 5 years – Moody’s downgrades U.S. to "negative" from "stable" – Interest rates near… pic.twitter.com/idv0E9kdgW — Genevieve Roch-Decter, CFA (@GRDecter) …
The specter of the 2008 housing crisis is haunting 2024, echoing familiar themes of manipulated interest rates and speculative asset mania. The belief that “prices only go up” has fueled a dangerous dĂ©jĂ vu, reminiscent of the days preceding the previous crash. As rates rise, home sales volumes collapse, and …
A chilling resemblance to the Dot Com bubble has emerged as the percentage of zombie firms within the Russell 3000 index reaches alarming levels. Zombie firms, akin to the undead, stagger along, unable to settle their debts, surviving only through the benevolence of creditors and the low-interest-rate environment. This resurgence …
BY DAVID HAGGITH We are about to repeat another massive Fed fail in 2024. Back in November of 2019, I wrote on article on my old website titled “Repocalypse: The Little Crisis that Roared.” I illustrated it with the photo above, and the gist of that little monster was …
Gold has officially achieved its highest closing price in history, marking a significant yet largely unnoticed macro move. The record-breaking ascent of gold prices, now firmly above $2,060, is attributed to a weak US Dollar, lower Treasury yields, Fed easing expectations, and geopolitical tensions in the Middle East. The surge …
View post on imgur.com https://www.weforum.org/events/world-economic-forum-annual-meeting-2024/ h/t A Deplorable Neanderthal
by confoundedinterest17 C’mon Joe. The media has always reported bad news. Warm and fuzzy doesn’t anger people, but bad news does! And under Bidenomics, there has been a lot of bad news. President Biden railed against corporate media before he and several family members headed by helicopter to Camp David, …
The intricate dance of Japan’s economic landscape unfolds as the weak yen propels a robust equity rally, fueled by foreign demand in 2023. However, a notable twist in the narrative emerges as asset managers, for the first time since May, express bullish sentiments towards the Japanese yen. This intriguing shift …
https://twitter.com/Fxhedgers/status/1739419853943923071 This infuriating year, marred by relentless inflation, epitomizes the struggle of everyday Americans. Families, like Kyle Connolly’s, grapple with layoffs, escalating living costs, and diminished luxuries. The glaring disconnect between positive economic indicators and the grim reality faced by communities like Florida’s panhandle underscores the systemic issue. While the …
In a concerning development, China appears to be wielding economic sanctions against Israel, with repercussions felt in the import of crucial electronic components. Israeli officials have bluntly asserted a connection to the recent conflict, adding a layer of geopolitical tension to the economic strain. The impact is particularly felt in …
The recent decline in China’s Shanghai Composite Index, plummeting below 2,900 and marking a 15% drop from its April peak, raises concerns about the nation’s structural challenges. This significant 28% performance gap when compared to the MSCI World Index (USD) since April underscores a deeper issue at play. While psychological …
This is what a concentrated market looks like The top 10 stocks make up a staggering 35% of the S&P 500 index Such an elevated level was last seen during the Dot Com bubble pic.twitter.com/9Yeez17XMl — Bravos Research (@bravosresearch) December 25, 2023 Home prices may pick up speed after the …
I always find this chart staggering to look at. We've never seen the Federal Reserve slow the economy this violently before. Rates went from 0% to 5.33% within 18 months. That's unheard of. https://t.co/KoQ4CsPV0H pic.twitter.com/2vldAWuGei — Financelot (@FinanceLancelot) December 23, 2023 Don't believe that data. If inflation is 10% but …
by confoundedinterest17 Biden says over and over again the Bidenomics is working. It isn’t working. The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.5 percent in November 2023 to 103.0 (2016=100), following a (downwardly revised) decline of 1.0 percent in October. The LEI contracted by 3.5 percent over the …
via Naturalnews: The globalists at the World Economic Forum (WEF) believe the world’s governments and corporations need to come together and spend $3.5 trillion a year on the climate to “restore nature,” “reach net zero emissions” and fully “decarbonize” the planet. This is according to a new white paper published by the …
🚨Why Bond Yields Across The World Are COLLAPSING 🚨 🧵THREAD 🧵👇 Global interest rates are plummeting. As central banks step back, the question arises: Why are rates falling so rapidly? It's not just about potential recessions in the U.S. or elsewhere. There are bigger,… pic.twitter.com/bB0PXrsBo7 — Jeffrey P. Snider (@JeffSnider_EDU) …
by mark000 Start of June 1929 DJIA was 300. Start of September 380. That’s a 25% gain in 3 months. A full blown delusional manic meltup. Then the worst crash ever in October and by mid November the DJIA was 50% below the September all time high. Outlook is as …
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 …
https://twitter.com/WinfieldSmart/status/1736936139418661091 Chinese equities hit 5-year low as doubts grow about decades of stunning growth. Post-COVID recovery disappoints, challenging Beijing to choose between more debt or slower growth in 2024 and beyond. Contrary to expectations, consumers save, foreign investment declines, factories struggle, and property markets face instability, raising concerns about China’s …
Chinese banks accelerate bad loan sales amid rising consumer defaults in the post-COVID economic recovery. Record issuance of non-performing loan-backed securities, up 40%. Real estate meltdown hits middle-class wealth, with 30% pay cuts, stock and property losses. Households reassess money priorities, facing the impact of a 5% decline in home …
Rachel Alexander @Rach_IC I don’t mean to freak people out, but one of the top conservatives in the country told me today they are basically concerned we’re shortly headed for financial economic collapse, and so I’ve gotta write an article about it and what people need to do. If it …
China’s central bank has made a historic move by injecting a record $112 billion into the financial system, according to reports from Bloomberg. This substantial cash injection comes as the Chinese yuan experiences depreciation against the US dollar, posing challenges for exporters and raising concerns about potential inflation. The Chinese …
It will all start in Europe. They will not be able to hide it anymore. — 🦂 (@rollinsgmc) December 15, 2023
Chinese borrowers default in record numbers as economic crisis deepensMore than 8mn people are blacklisted by authorities after missed payments on mortgages and business loans. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus… pic.twitter.com/SOXOR3tX01 — floridanow1 (@floridanow1) December 13, 2023 China's Real …
In a distressing revelation, the Federal Reserve anticipates three rate cuts next year, acknowledging the challenge posed by persistent inflation. The economic engine falters as demand plummets for homes, vehicles, and goods, painting a grim picture of financial distress among Americans. Once deemed a lifeline, credit cards are now avoided, …
This comes exactly 2 months after Argentina's central bank raised rates to a record 133%. Argentina has averaged a 40% inflation rate per year over the last 10 years. Is this last ditch effort going to work? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi …
by Naive-Historian-2110 In 2008 only 9% of mortgages were delinquent or in foreclosure. it doesn’t matter if half of homeowners have a 2% mortgage. it only takes a seemingly small amount of defaults and delinquencies to send waves. It’s definitely going to be the mother of all crashes. It’s like …
by confoundedinterest17 Biden is hoping for one more term as President. And declining oil prices might help him get re-elected. But we have a battle brewing! The United Nations and World Economic Forum (and their proxies John Kerry, Greta Thunberg and Green Joe Biden) against …. everyone else. Despite Biden’s lame …