A hub for independent voices and signals
Both major party candidates in the U.S. have started to share details about what they envision for the economy and how they want to get to that vision. What will be the real-world effects of those policies, and how can …
via David Stockman There is only one way to rescue America’s faltering economy and that’s the wholesale abandonment of Washington’s reckless spending, borrowing and printing policies of the last quarter century. These policies did not remotely attain their ostensible goals …
It’s the economy not rates that drive housing. No buyers despite lower rates https://t.co/0L1fac8UrK — QE Infinity (@StealthQE4) September 26, 2024 🇺🇸 US consumer confidence present situation 9-month change. In #recession territory! Chart: @MikaelSarwe pic.twitter.com/H54kkPIfbm — Alex Joosten (@joosteninvestor) September …
Authored by Charles Hugh-Smith via oftwominds, Is an economy based on the wealth effect generated by front-running the front-runners really that stable? So the entire economy depends on the stock market going up as punters front-run the Fed–and this is …
You can se Trump is engaged and genuinely cares about this guy and his business…..baller. — Richard Cowan (@TexaninThailand) September 24, 2024
Who at @CNN thought it was a good idea to give her a microphone? — Jon Miltimore (@miltimore79) September 19, 2024 h/t Coastie Patriot
https://www.youtube.com/watch?v=b3sCMX0dvbY h/t Captain Woodrow F. Call
Europe grapples with its decline Americans consumed by their country’s election cycle may be struck by the mood across the pond. In the apocalyptic rhetoric of Republicans, the American economy is the proverbial sick man of the West, hampered by …
Expect a major downgrade in both stocks and the economy. 50 bps cut with stocks at 200% Market cap/GDP 🤷♂️ — Anthony Sarich 🇦🇺🇭🇷 (@AnthonySarich) September 18, 2024 The current ratio of the total U.S. stock market value to GDP, …
"Americans are consuming more capital than they produce. US national net savings by households, businesses and the government have been negative since 1Q23, for only the third time since 1947. The other two times were 2008-11 and 2020." Gavekal pic.twitter.com/jWUcaT66Md …
You know things are getting bad when people are breaking up and cannot stay together because of how tough it is to find a good job these days. We saw a lot of this during the 2008 recession lots of …
The bad economic news is piling up, and Federal Reserve is poised to lower interest rates – even though the inflation fight hasn’t ended. Among the dozens of reports, briefings and updates you’ll find just one number will tell you …
by Michael Hundreds of millions of dollars are being spent to persuade the American people to vote for either Kamala Harris or Donald Trump. But ultimately two things are probably going to matter more than anything else. Millions of Americans will …
1. CRE: Latest data reveals weak loan growth and higher loan delinquencies. Auto loan: Prime and subprime auto loan delinquencies are spiking. Student loan: Biden administration's order of one-year moratorium- student loan not reported to credit reports ends next month. …
Robert Frick, an economist at Navy Federal Credit Union, mentioned that while employers may not be laying off many workers, they are indeed cutting back through other methods such as reducing hours and shifting workers to part-time as the economy …
A number of foreign firms that once rushed into China to catch a rising tide are now retrenching. Last month, the beauty retailer Sephora, an arm of the French luxury group LVMH, announced that it was cutting jobs because of …
Canada is run by inept idiots & a bubble economy with little backing it. — Don Johnson (@DonMiami3) September 7, 2024 Canada is run by inept idiots & a bubble economy with little backing it. — Don Johnson (@DonMiami3) September …
by confoundedinterest17 We are dancing the Grizzly Bear with jobs reports. The more truthful ADP report is out and it shows a wimpy 1.3% YoY addition in jobs. So much for a dynamic, growing economy under Biden/Harris. The Covid era Federal spending has …
by Michael When U.S. consumers are doing well, the U.S. economy does well. But of course the opposite is also true. When U.S. consumers are not doing well, the U.S. economy really suffers. The government has been trying really hard …
This a real example of how socialism embeds itself across an economy. I doubt the small and family farms can adapt to her vision. — Jay (@BigJTA) September 4, 2024
Semiconductor stocks are leading benchmarks across Asia lower following a drop in US equites after Nvidia Corp. suffered a record-setting $279 billion rout. The US Justice Department sent subpoenas to Nvidia and other companies as it seeks evidence that the …
💥 August saw an even steeper drop in incoming orders, killing off any hope for a quick bounce back. 💥 Inflows of new work posted the steepest decline since November last year. 💥 August saw faster reductions in both backlogs …
We’re not getting ahead. We’re scraping by! byu/Fun_Balance_1809 ineconomicCollapse Inequality is skyrocketing. It’s not good for anyone. The average age of marriage is approaching 30. Recent college grads are going $40k into debt to get a $40k job if they’re …
by Michael It is incredibly sad to watch the U.S. economy slowly but surely come apart at the seams all around us. For most of our history, the rest of the world marveled at our economic performance, and that is …
The Chinese yuan has recouped much of its losses against the dollar in August, sitting around 7.09 yuan to the dollar, after steadily weakening for much of the year. The gains have been aided by Chinese leader Xi Jinping’s calls …
#Stocks are increasingly sure that the #economy will avoid a #recession.#Bonds…..not so much.h/t @SoberLook pic.twitter.com/jGH6KyX8eY — Lance Roberts (@LanceRoberts) August 30, 2024 The 10y2y Yield is back to the 0 line. The Inverted Yield Curve is one of the most …
"It was all going so well" pic.twitter.com/ywaWoUuh9d — Mac10 (@SuburbanDrone) August 29, 2024 Explain this!Germany’s DAX Index Hits Record High while the economy is in recession! #Germany #Stocks #Gold #Recession #Inflation pic.twitter.com/DiLIwRZL8K — Anas Alhajji (@anasalhajji) August 30, 2024 Dollar …
Textbook recession: 2 consecutive quarters of negative real GDP Textbook depression: 12 consecutive quarters (3yrs) of negative real GDP 🇺🇸 currently in 9th consecutive quarter of negative real GDP ⚠️ — CJK (@CJKonstantinos) August 29, 2024 31% of parents say …
