Independent thinking for complex markets and current events
The second wave of inflation is becoming increasingly evident. Global freight costs continue to rise relentlessly byu/RobertBartus inEconomyCharts
Food Inflation since 2019 pic.twitter.com/HzChTeIbHt — Win Smart, CFA (@WinfieldSmart) April 4, 2024 They are definitely losing control over #oil prices đź‘€ https://t.co/ssixSkhvse pic.twitter.com/Q3Qo25AwoZ — JustDario 🏊‍♂️ (@DarioCpx) April 5, 2024 Oil analysts are getting worried about an expensive summer driving season, with WTI prices surging by about 20% so far this year. “The market …
It’s a vicious cycle of financialization, where real productivity takes a backseat to risky investments. This is not how a healthy economy operates. 10 years to build a single bridge. And some of you still think society is functioning? Let me explain to you what's really happening. Since the GFC in 2008, the world has …
Warren Buffett echoed Charlie Munger’s criticism in his annual letter, that the stock market has become increasingly “casino-like.” Buffett believes too many investors act as speculators rather than long-term investors focused on company fundamentals. The ease of online trading apps has made buying and selling stocks more akin to gambling, in Buffett’s view. He warned young investors … https://www.msn.com/en-us/money/savingandinvesting/warren-buffett-joins-charlie-munger-s-criticism-in-annual-letter-criticizing-the-stock-market-as-becoming-casino-like/vi-BB1j0fsf Financial Nihilism Making sense …
via Mike Shedlock: To entice buyers, home builders are building cheaper and cheaper houses. What are you getting for your money? New Home Sales Prices from the Commerce Department, chart by Mish. New Home Sales Key Points The average sales price peaked at $568,700 in December of 2022. The median sales price peaked at $498,800 …
KENNEDY: Sound the alarm, Joe! America’s craven Left-wing media have FINALLY realized Biden’s only fit to serve at the nursing home’s ice cream buffet… and Kamala’s as popular as headlice in a hat shop. But what took them so damn long? Joe Biden has lost it. No, not his brain. That curdled to cream decades …