Independent thinking for complex markets and current events
The U.S. job market is unraveling quietly while most people cling to the hope of a rebound that has already failed, and the numbers now reveal an economy slowing far faster than anyone wants to admit, leaving millions of workers stuck in jobs they cannot leave while millions more struggle to find work at all. …
Less than 14bn$ of “cash on the sidelines” are left in the US. When this hits zero banks will start to borrow liquidity regularly from the FED REPO facility because there isn’t much left in the open market. The FED REPO is capped at 500bn$, let’s see how fast we will get there.. pic.twitter.com/ATLxRAzygT — …
THE FALL OF TRADITIONAL MEDIA'S INFLUENCE Mainstream media's credibility took another hit with their "too close to call" election drama. They wanted us to believe the election was too close to call and that a result might not be known for months. More trust flushed away in an… pic.twitter.com/oTR9IkzItM — Mario Nawfal (@MarioNawfal) November 12, …
Authored by Charles Hugh-Smith via oftwominds, Confidence / complacency doesn’t map the real world, in which liquidity dries up and markets go bidless. When Alan Greenspan issued his mea culpa in late 2013 about missing the subprime mortgage implosion and the resulting Global Financial Meltdown (Why I Didn’t See the Crisis Coming Foreign Affairs), he started by …
The US birth rate has fallen by somewhere between 14% and 20% since 2012, depending on the estimate per Bloomberg. Today, about 35% of women ages 25-44 have never given birth, almost double the number in 1976. — unusual_whales (@unusual_whales) February 14, 2024 Both my granddads owned homes, had no degree and had multiple children …
by confoundedinterest17 Alarm! The global credit correction has arrived. Or as Bill Paxton said in Twister, “It’s already here!” The question is, how far into the economy will it extend? US Gross Domestic Income YoY is still growing strong at 4.5%, but shrinking really fast as Fed monetary stimulypto wears off. S&P Global Ratings’ Credit Cycle …
by confoundedinterest17 Sweet Home Chicago? The Chicago Business barometer printed at 41.5, still in contraction as M2 Money growth evaporates. living la vida Biden! Meanwhile, the US Treasury 10Y-2Y yield curve remains inverted at -105 basis points.