A hub for independent voices and hard truths
Central banks globally bought 337 tons of gold in Q3 2023, part of a broader trend. China, the top global gold producer, purchased 181 tons during the first nine months of 2023, contributing to a total of 800 tons acquired by central banks worldwide. This aligns with China’s strategy to …
Global manufacturing PMI dropped to 47.6 in October, the lowest since Covid and below the 50 threshold for 14 months, indicating a clear global slowdown, with the decline driven by activity components while price pressures remained steady. 1/5. October global manufacturing PMI was down by 1pt to 47.6, the lowest …
Billionaire investor Stan Druckenmiller, known for his market insights, is making significant moves by taking “massive” bullish positions in two-year notes. His actions come as growing worries about the economy loom on the horizon. Recent data showing a spike in youth unemployment during September and October is ringing alarm bells, …
China is currently experiencing an escalating situation that goes beyond the struggles of bankrupt developers. Signs indicate a significant and legitimate purge taking place at the highest levels of the Communist Party. It is getting crazy in China right now, and not just bankrupt developers. There appears to be a …
The current economic landscape is giving rise to growing concerns, with labor market deterioration, tightened lending standards by banks, and persistent inflation creating a potential stagflationary environment that could impact consumers’ purchasing power and lead to an economic slowdown. This situation, where interest rates rise while prices surge, is beginning …
US economy is nearing a sharp economic downturn Current yield curve steepening is one of the sharpest on record since 1990 Such a move has typically occurred right before or during a recession pic.twitter.com/RPs5ht81jA — Bravos Research (@bravosresearch) November 2, 2023 We are again in the everything rally mode! Gold, …
Higher US debt deficits can potentially contribute to inflation if the government resorts to printing more money to cover its deficit, which can increase the money supply and, in turn, lead to rising prices. Prominent figures like former Treasury Secretary Larry Summers and investor Stanley Druckenmiller are sounding alarms about …
The direction of asset prices, such as stocks or commodities, tends to be influenced by prevailing sentiment or emotions among investors. #recession … #GFC2 US edition Still calling it a "vibecession"? 🤔Price follows #sentiment 📉 and the similarities to 2008 keep piling up! https://t.co/lt7f2EruAT pic.twitter.com/ywYKv6cSAf — Invariant Perspective (@InvariantPersp1) October …
After this hellish night in Gaza I have a very simple but very important message for European leaders. Do not make us complicit in genocide. Act. Not in our name. pic.twitter.com/6YxdxaLDW9 — Ione Belarra (@ionebelarra) October 28, 2023 EU may become complicit in ‘genocide’ – Spanish official The social rights …
The rapid steepening of the yield curve from inverted levels suggests an impending economic downturn. Caution: Yield curve has begun steepening rapidly from inverted levels This brings the economy closer to an economic downturn Buckle up pic.twitter.com/JfBgBxOZgq — Bravos Research (@bravosresearch) October 29, 2023 BREAKING: Americans spent money at the …
The apparent contradiction of +4.9% GDP growth amid concerning economic indicators raises questions about the true source of this growth. Notably, spiking continuing claims in unemployment and the drop in UPS shares, driven by decreased package demand and a collapse in U.S. demand for cardboard boxes, underscore the uncertainty surrounding …
This is what happens when inflation isn’t controlled quickly Argentina’s central bank hiked rates by a staggering 1500 bps to 133% this month The shocking part: Inflation STILL remains above rates with the latest figure coming in at 138% pic.twitter.com/FJdyKqiMdK — Bravos Research (@bravosresearch) October 26, 2023 Japanese Yen just …
Amid ongoing debates, the unfolding of the current economic cycle appears to align more with the 1970s than the World War II era, based on available data. Despite the ongoing debates, the current economic cycle has unfolded much more like the 1970s period than the World War II era up …
🔊 … Are we already in a "Silent Depression"? If you look at the comparison in data between now and the Great Depression, the argument can be made that we are already in one. And this assumes that the inflation numbers for the past 90 years were accurate, which we …
Canadian banks appear to be following a familiar pattern, as they typically do during economic crises and recessions. The current signs of an accelerated decline indicate that a challenging period may indeed be on the horizon, with potential economic turbulence ahead. Canadian banks are in an accelerated decline now, just …
View post on imgur.com San Francisco’s mayor has ordered city departments including police and public health to propose budget cuts of $206 million by next week in a desperate attempt to reverse the stricken city’s ‘doom loop’ spiral into economic collapse. Law enforcement budgets in the city, which is …
Breaking: "Just Stop Rate Hikes" protesters interrupt Powell's Economic Club of New York Speech — StockCats (@RealStockCats) October 19, 2023 BREAKING: Fed Chair Powell was escorted out of the room as protesters interrupted his speech at ECNY. — unusual_whales (@unusual_whales) October 19, 2023
Global economic activity, expressed as trade (imports + exports) and industrial production combined, is clearly in #recession. It is hard to fathom how the U.S can dodge the bullet. pic.twitter.com/gBVO44Mm28 — RecessionALERT (@RecessionAlert) October 17, 2023 Asian stocks declined amid headwinds from lingering geopolitical risks and higher yields… pic.twitter.com/gF4KmlJ0oU — …
Chinese property stocks are on track for a 14-year low, as stress in the sector continues to rise amid slumping home sales and deepening debt woes for major developers, per Bloomberg. — unusual_whales (@unusual_whales) October 18, 2023 Fears that Country Garden will defaultAre growing by the day pic.twitter.com/Shl9wCMNca — Longview …
Watching 👇 pic.twitter.com/L1DTMD0ueL — Guilherme Tavares (@i3_invest) October 16, 2023 Since 1992, in non-recession years, the average 9-month range for real growth is 1.5%. In other words, growth is always in motion, either cycling higher or sliding lower. This makes sense since the economy moves in a "cycle." 2/3 pic.twitter.com/iUU8BcNYk2 …
The sharp increase in credit card losses, coupled with the rise in evictions and loan delinquencies, paints a bleak picture for the economy, reminiscent of the challenging times during the Great Financial Crisis. Food Prices up Over 20%, Credit Card Delinquencies Now Higher As Credit Card Debt Grows on Inflation …
by Chris Black https://www.forexlive.com/news/why-the-signals-from-the-bond-market-are-truly-terrifying-20231012/ [The sum of all bond market fears is that the combination of deficits, QE, u… Continue reading by subscribing. Username Password Remember Me Forgot Password
by mark000 In August 2008 what was about to happen? A GFC and the plunge stage of the Great Recession. And 99% of people were blissfully unaware even as the other 1% could see it inevitable arrival, just waiting for when. It is the same situation right now, October 2023. …
Yep this is one of the many metrics falling down in the labor market pic.twitter.com/fzMC6yWFGE — RecessionALERT (@RecessionAlert) October 12, 2023 Warning: The probability of a recession in 2024 is now over 60% This level has been seen only 2 times since 1960 Both times, it ended in severe economic …
by TonyLiberty China’s population decline and Real Estate slump could lead to economic collapse per Geopolitical analyst Peter Zeihan. He believes that China’s collapse is imminent, with only 10 years remaining before potential disaster. He estimates that China’s actual population is lower by 100 million than what the government has …
Biden’s economic blunders sending America into a tailspin: Recession fears, skyrocketing inflation, and a sleepy president ignoring it all while you struggle to afford gas and groceries.
German Real Estate companies hit highest number of insolvencies in 7 years pic.twitter.com/X3lY2JaMTm — Barchart (@Barchart) October 5, 2023 https://twitter.com/theGangesPost/status/1709820529035911621 Good Morning from #Germany, where the construction sector is really crashing. The German PMI Construction Index fell to 39.3 in Sep from 41.5 in Aug, and the lowest level since …
One second-order impact of the current affordability crisis? More auto loan fraud — as people need transportation but can't get approved for financing. Just recorded a mega episode on this growing $8.1B issue:https://t.co/GJ17UURkWO — Car Dealership Guy (@GuyDealership) October 4, 2023 Millennial are feeling the pain of higher rates more …
According to ADP, Professional and Business services jobs plunged 32K. Why is this hilarious? Because JOLTS reported a 509K increase in Professional and Business Service job openings The so-called economic data is nothing but politicized propaganda bullshit at this point pic.twitter.com/eqorM1MfRe — zerohedge (@zerohedge) October 4, 2023 This guy walking …
https://t.co/d3Re50lF6H — DerFinanzNinja (@derfinanzninja) October 2, 2023 via FT: The World Bank has cut its forecast for China’s growth next year and warned that east Asia’s developing economies are set to expand at one of the lowest rates in five decades, as US protectionism and rising levels of debt pose …