A hub for independent voices and signals
Across the globe, the story is much the same, with each central bank facing its unique set of challenges. The United States is wrestling with stubborn inflation and a labor market that’s surprisingly robust, leading traders to second-guess the Federal …
In 2018, as well as when running for President in 2020, Sen. Elizabeth Warren (D-MA) constantly claimed that people were working “two and three part-time jobs” to keep up with payments, and that is why the unemployment rate was low. …
Japan’s gross domestic product shrank by 0.4% in the last quarter of 2023, the Japanese Cabinet Office said — far below the 1.4% growth estimate. This followed a third quarter of 2023 in which GDP growth shrank by 3.3%. Most …
China ‘had 20 plates spinning’, and they are all crashing right now, says Hayman Capital’s Kyle Bass Kyle Bass on China: "This is just like the U.S. financial crisis on steroids." pic.twitter.com/UHD0yJ6A8p — Win Smart, CFA (@WinfieldSmart) February 14, 2024 …
by Michael If stock prices are going to start plunging just because inflation is running a little bit hotter than expected, what is going to happen once the market finally realizes that the entire economy is literally starting to come …
Cuz most folks are not benefiting from the “strong” economy. Its all about the debt, folks. Only the wealthy benefited from years of appalling fiscal & monetary policy. The much-too-late rate hike is now hurting low & middle income people …
by confoundedinterest17 Yikes! Bidenomics is a disaster! MBA mortgage purchase applications are down 54% from Pandemic Peak. I was going to play “The Wreck of the Edmund Fitzgerald” by Gordon Lightfoot and rename it “The Wreck of The US Economy.” Mortgage …
Concerns rise as critical commentaries on China’s struggling economy vanish from the internet, indicating increased censorship. Chinese authorities, including top intelligence agencies, emphasize promoting a positive economic outlook amid challenges. Censorship targets negative financial analysis, with warnings against “denigrating China’s …
Richard X. Bove, the outspoken financial analyst, retired last week but quickly returned, sharing a grim outlook on the U.S. economy. Bove predicts the end of the dollar as the world’s reserve currency, foreseeing China’s economic dominance. He criticizes fellow …
by Michael Okay, so they want us to believe that the U.S. economy grew at a very brisk pace during the fourth quarter of 2023 even though mass layoffs are happening all over America, sales of previously owned homes are at the …
by Tho Bishop Last Thursday, Bloomberg reported that federal regulators are preparing a proposal to force US banks to utilize the Federal Reserve’s discount window in preparation for future bank crises. The aim, notes Katanga Johnson, is to remove the stigma …
https://www.cnbc.com/2024/01/25/gdp-q4-2023-the-us-economy-grew-at-a-3point3percent-pace-in-the-fourth-quarter.html The economy grew much faster than expected in the final three months of 2023, as the U.S. easily skirted a recession that many forecasters had thought was inevitable, the Commerce Department reported Thursday. Gross domestic product, a measure of …
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
Authored by Charles Hugh-Smith via oftwominds, Politicians and corporate managers have an enviable record of self-enrichment but very little to show in terms of putting the long-term interests of the citizenry above their own short-term gains. This week’s focus is …
via Mike Shedlock: Trump wins Iowa easily. Results declared with only 3% of the vote in. Surprisingly, immigration, not the economy is the top concern. The above clip from the Wall Street Journal. Live Stream Trump was declared the winner …
BREAKING: China economy grew around 5.2% in 2023: Premier READ: https://t.co/YFpRF9hjFj pic.twitter.com/kC6OyTC4YN — Insider Paper (@TheInsiderPaper) January 16, 2024 Chinese Premier Li Qiang said Tuesday the country’s economy was expected to have grown by around 5.2 percent in 2023, as …
by Toddlovessilver This is directly related to observations about the economy, at least in middle Tennessee where I live. Precious metals should see robust influx of investments, as the weaker economy negatively impacts jobs, incomes, disposable income, consumer spending and …
via CNBC: Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees …
China REITs plumb record lows as economic gloom lingers SHANGHAI/SINGAPORE, Jan 11 (Reuters) – China’s real estate investment products are tumbling, extending last year’s slump as investors lose hope for a recovery in the economy and property assets such as …
by raytoei The Chinese government released their yearly “Top 20 Market Values of Chinese Companies”, and listed Taiwan’s TSMC as their most profitable company Original post: https://www.reddit.com/r/taiwan/s/MZrzosQNe6
EV batteries are not an efficient store of energy. This is represented in their massive loss of value after so many years of ownership. EV car waste is > virtue signaling EV owners — Peter Spina ⚒ GoldSeek | SilverSeek …
Authored by Charles Hugh-Smith via oftwominds, The mainstream holds the Fed is busy planning a return to the glory days of zero interest rates, but ZIRP is on the downside of the S-Curve; it’s done, gone, history. Let’s summarize what …
Totally out of touch. Treasury Secretary Janet Yellen declared Friday the US economy had achieved a long-sought soft landing, a historically unusual event in which high inflation is tamed without significantly damaging the labor market. “What we’re seeing now I …
by AC Housing is the highest it’s ever been. Homelessness is the highest it’s ever been. The spending power of the dollar is the lowest it’s ever been. Illegal immigration at record highs. Corporate bankruptcy at record highs. How can …
In case you wonder why media thinks the economy is so good 🫡 https://t.co/0GAKoFrahd — Peter St Onge, Ph.D. (@profstonge) January 2, 2024 The rise of the "Welfare Industrial Complex" Why are GDP and jobs defying slowdown predictions? Because most …
Inflation has fallen from 9% to 3.1% in just 18 months Is the US economy now at risk of deflation? pic.twitter.com/qMY0kCJi97 — Bravos Research (@bravosresearch) January 2, 2024 The New York Fed's measure of underlying inflation (the "multivariate core trend" …
