Independent thinking for complex markets and current events
https://realinvestmentadvice.com/resources/blog/deficit-spending-keeping-the-economy-out-of-recession/ [Jan 2024 article] Economic growth continues to defy expectations of a slowdown and recession due to continued increases in deficit spending. In fact, the U.S. Treasury recently reported the December budget deficit, which shows the U.S. collected $429 billion through various taxes while total outlays hit $559 billion. As noted, the problem remains on …
Milei is incredible pic.twitter.com/kV8u1I0kXR — Cluseau Investments (@blondesnmoney) November 18, 2024 I read this as 85% of the federal workforce is completely unnecessary and needs to be terminated immediately When do we get our refund for the taxes wasted on these people? — Wall Street Apes (@WallStreetApes) November 18, 2024 https://twitter.com/myCountrAI/status/1858525352064356594 Only two groups of …
Former asset manager @DowdEdward drives this point home, highlighting that real wage growth is at negative 2%. What this means in simple terms is that people have 2% LESS buying power through their wages than they did just a year ago. This economic reality paved the way for Trump’s victory because no matter how much …
BUDAPEST, Hungary (AP) — The European Union must abandon its policy of sanctioning Russia for its war in Ukraine or risk causing an economic collapse, Hungarian Prime Minister Viktor Orbán told state radio on Friday. The EU has imposed several rounds of sanctions against Moscow since Russian President Vladimir Putin launched the full-scale invasion of …
We have reached a very alarming turning point in American history. More than at any other moment in modern times, Americans are extremely angry about the state of the economy. The next Administration will inherit a country struggling with a deep consumer recession. We have come to learn that our government has piled up the …
First, let's look at the numbers: • US GDP: $25.5 trillion• EU GDP: $16.6 trillion But in 2008, they were nearly equal. What the hell happened over the past 16 years? It's simple: pic.twitter.com/cC4YeDjwgg — Ole Lehmann (@itsolelehmann) November 13, 2024 But it goes deeper than numbers… European talent is fleeing en masse. I see …
After Germany’s governing coalition collapsed last week, the country’s ZEW added more solid evidence about why that was. The ZEW also collapsed into November. That’s not just about Germany since the “zoo” is really what the rest of the world looks like from the German perspective. That also has a lot to say about the …
The economic challenges the incoming Trump administration is facing are far and away greater than those confronted in 2016. From the cyclical standpoint, 2024 has far more in common with 2001. While structurally, there’s nothing close to this in generations. Amidst the election euphoria there needs to be sober analysis. "4.6% was the level in …
by Michael The U.S. is accusing Russia of preparing to cut undersea cables which carry Internet traffic all over the world, and Russia is accusing western powers of preparing to do the exact same thing. In some cases, these undersea cables literally stretch from one continent to another, and so it is impossible to guard …
Mexico’s Economy Minister Marcelo Ebrard suggested on Monday that the Mexican government could retaliate with its own tariffs on U.S. imports if the incoming Trump administration slaps tariffs on Mexican exports. Ebrard made the comments in an interview with local broadcaster Radio Formula, in which he reflected on how President-elect Donald Trump threatened 25% tariffs …
Bezos can't sell his $AMZN stock fast enough… 😅 — Beardo (@BeardoTrader) November 12, 2024 “History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain. pic.twitter.com/FvyF5Q7wrC — Guilherme Tavares (@i3_invest) November 12, 2024 BREAKING: Just 24% of homebuyers are currently first-time buyers, the lowest in at least 45 years. This percentage has more than …
Credit card usage isn’t really about spending. Americans use their credit cards when they’re confident about jobs and incomes. The latest data from the Fed contains a more serious warning especially how it lines up with jobs and income data…and the Fed’s actions.
by LamboSkillz I think the markets are frothy, and we have been going through mini-cycles which raise and lower sentiment almost on a weekly basis, drifting further and further away from fundamentals. Earnings releases, tax cuts (elections), lower rates, etc. – there are endless catalysts. The stock market has become a casino. In my opinion, this …
BREAKING: 🇨🇳 China announced a $1.4 TRILLION debt bailout and is working on more measures to boost the economy. pic.twitter.com/VP3iNzn2rl — Radar 𝘸 Archie🚨 (@RadarHits) November 8, 2024 BEIJING — China on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local governments for tackling hidden debt issues. The …
https://twitter.com/RJRCapital/status/1854229790926029282 How U.S. Households Have Changed Over the Last 60 Years pic.twitter.com/usjAGrm3FW — Barchart (@Barchart) November 6, 2024
from Kerry Lutz’s Financial Survival Network Kerry hosted Thomas J. DiLorenzo to discuss the implications of China’s economic strategies, as outlined in DiLorenzo’s book, “Casino Economy.” DiLorenzo expressed concerns that China’s monetary injections are aimed at creating temporary economic booms, which often lead to significant downturns. Both speakers emphasized that such strategies prioritize short-term political gains over sustainable …
by Michael When nearly half of all small businesses are struggling so much that they can’t even pay their rent, you have an enormous economic crisis on your hands. The last time that we witnessed anything like this was during the peak of the COVID pandemic, but here in 2024 we don’t have a major …
I have a feeling there were almost no jobs created at all. This is strongly supported by the fact that payrolls largely haven’t grown and these companies lie about actively hiring in order to get free loans. We’re living in the cheater’s economy. Everyone suffers, but the CEOs suffer less because they can make these …
When discretionary spending on luxury or novelty items like scented candles drops, it can reflect broader economic challenges. People tend to cut back on non-essential purchases when they’re feeling the pinch financially. https://twitter.com/GayBearRes/status/1852861521610658262
The public’s savings are dwindling and borrowing is stockpiling a record amount of debt. At EWI, we view the markets — and economy — differently from the mainstream. Here’s a prime example from the just-published October Elliott Wave Theorist.
Many commercial real estate (CRE) loans are set to mature in 2025 and 2026, requiring refinancing for loans that were underwritten when interest rates were at historic lows in 2020 and 2021. As interest rates have significantly increased, the current landscape presents a daunting challenge for refinancing. This situation has raised alarms about the preparedness …
⚠️MEANWHILE, US EXECUTIVES ARE SELLING STOCKS LIKE CRAZY⚠️ The insider sell-to-buy ratio jumped to the highest level since 2021 While managers were busy offering promising earnings outlook of their firms, at the same time they were selling their stocks👇https://t.co/bIERMrrT9K — Global Markets Investor (@GlobalMktObserv) October 28, 2024
Trudeau’s just realizing that flooding Canada with immigrants while our economy flounders is a disaster — John (@johnEiid) October 24, 2024 CHANGE: Red Faced Justin Trudeau Declares Canada in Crisis and Immigration Must be Slowed. Oh, Canada. You massively hypocritical windbag neighbors to the North. Remember, when they said America was racist for wanting to slow …
by confoundedinterest17 The US economy is crumbing down under Biden/Harris. No, the economy doesn’t hurt so good. The Citi Economic Surprise Index just rose to its highest level since April. The 10Y Treasury yield just rose to its highest level since August.
According to the most recent economic data, it is clear and evident that only wealthy Americans are doing the majority of the retail and dining spending in this economy. But how can we say we have a healthy economy if only the top echelon of society can afford to spend money on luxuries or discretionary …
This may end up being the final straw for what’s left of the global economy. With more highly negative signals from copper, gold, oil and swaps, even bond spreads here, we’re getting more impressions that the part rolling recession is now rolling right on into the full thing. If this one goes, that’s usually it. …
You’ve probably never heard of “doom spending,” but it’s important. Doom spending is clearly a warning of an economic nosedive. Learn what it means and how to prepare now, so the consequences don’t take you by surprise… Photo by freestocks on Unsplash From Peter Reagan for Birch Gold Group Doom scrolling. You may have heard the term. It’s where …
James Carville says Kamala’s campaign “sucks,” adding, “It’s the economy, stupid!” We the People urge fellow Americans to stay focused, document, and report anything unusual to local police and the FBI during this crucial 2024 election cycle! AC
by Michael The health of the economy has been a major determining factor in many past presidential elections, and the health of the economy is certainly going to have an enormous influence on the outcome of the upcoming presidential election. In fact, according to a poll that was just released by Rasmussen the economy is the number …
by Charles Hugh-Smith of OfTwoMinds blog Or we can let the bubble implode under its own weight and have a plan ready to clean house when the dust settles. Thanks to recency bias, we tend to think the world has always been more or less as it is today. Tectonic shifts beneath the veneer of everyday life …