Independent thinking for complex markets and current events
Blake Masters is currently leading Abe Hamadeh in Arizona’s 8th Congressional District Republican primary, according to a new poll. The latest poll was conducted by Data Orbital, the most reputable pollster in Arizona, and comes one week before the primary election on Tuesday, July 30. Respondents were asked, “If the Republican Primary for Congressional District …
BY DAVID HAGGITH So many pitiful people couldn’t see the price waves that are already coming, even if one slapped them on the behind. Photo by Stephan Holzinger on Unsplash Even with the Fed consistently warning that its inflation fight has quite a ways to go due to the prevailing forces pounding against it, many people in financial …
Bobby Kennedy Jr calls the Ukraine War a "money laundering scheme." “Even if the Ukraine war ended today, we’re still going to spend half a trillion there rebuilding the country.” pic.twitter.com/gKfedYVSIi — Citizen Free Press (@CitizenFreePres) February 15, 2024
via redstate: We saw how the Jan. 6 Committee wasn’t particularly interested in the truth. Rather, their whole purpose seemed to be about how they could spin things to smear former President Donald Trump and the Republicans prior to the 2022 midterms. They didn’t care about things that might deviate from or blow up their …
by Michael A “perfect storm” is raging all around us, and our world is so close to plunging into a complete and utter state of chaos that even the mainstream media is talking about it. The past several years have been a time when multiple major wars have begun, pestilences have paralyzed the entire planet, …
by Chris Black Make no mistake: this is entirely due to Israel committing genocide in Gaza. The fact that this is taking place on the EU level is also a sign of desperation. Centralization of micromanaging type behavior as a way to keep an empire together is a sign of very small confidence in the …
by confoundedinterest17 Even eating breakfast under Bidenomics is more expensive. Particularly if you like orange juice like I do. To save money, I am probably going to have to switch to nasty-tasting Tang. Food CPI is up 3.69% year-over-year. The rate of growth in food prices is slowing. But do I trust BLS data on …
Half of food service companies are operating at a loss or just breaking even, a new survey of restaurant owners in Canada has found. Sales have improved in the wake of the COVID-19 pandemic but profits are down “due to soaring operating costs” and low foot traffic that never recovered from pre-pandemic levels, writes Restaurants …
1. Adjusting for inflation, home prices are up 118% since 1965, while median household income has increased by just 15%. (2/9) pic.twitter.com/NeogOIDjIu — The Kobeissi Letter (@KobeissiLetter) August 21, 2023 Worrying Sign Not Seen Since the Great Recession: Mortgage Rates Could Hit 8% Mortgage rates exceeding 7% are straining the U.S. housing market with potential …
by confoundedinterest17 “Bidenomics is indeed working!” claims Karine Jean-Pierre. “Cost is going down … wages going up, that is Bidenomics.” Excuse me Karine. REAL weekly earnings growth remains negative as inflation outpaces weekly earnings growth. As of Q2 2023, REAL median weekly earnings growth is a dismal -3.57% YoY. And if you are black, Bidenomics …
by confoundedinterest17 I love orange juice! Unfortnately, as a diabetic, OJ is off limits. So I have to watch others drink one of my favorite beverages. But like everything else under Bidenomics, orange juice is far more expensive. Orange juice futures, the subject of the comedy “Trading Places,” are up 192% under Biden’s Reign of (Economic) Error. …
Guest Post from Wolf Richter at WolfStreet.com: Where does the money come from? They now out-earn inflation, they earn interest income, and they dipped into their assets whose prices ballooned over the years. Consumer spending, adjusted for inflation and for seasonal factors jumped by 0.5% in April from March, after two months of declines and …