Independent thinking for complex markets and current events
“I’ve seen enough. This bill is even worse than we expected, and won’t come close to ending the border catastrophe the President has created. As the lead Democrat negotiator proclaimed: Under this legislation, “the border never closes.” If this bill reaches the House, it will be dead on arrival.” I’ve seen enough. This bill is …
Good Morning Everyone! US companies added fewer jobs than forecast in January, according to the ADP jobs report. Private payrolls increased 107,000 in January from a downwardly revised 158,000 (was 164,000) gain in December. Nominal wage also growth continued to slow. This… pic.twitter.com/lDOZGumoP1 — Genevieve Roch-Decter, CFA (@GRDecter) January 31, 2024 Jan ADP job report …
There are only 579 functional bomb shelters in Germany, so the plan reportedly sees citizens setting up their own shelters in places such as basements and garages. Bild quoted the head of the Federal Office of Civil Protection and Disaster Assistance, Ralph Tiesler, as saying that building new shelters is “no longer feasible” due to …
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 all the goods and services produced, increased at a 3.3% annualized rate in the fourth …
In a surprising twist, the European Central Bank is turning to social media to keep tabs on banking sentiments. It’s like giving banks a pair of social media glasses to see how people feel about their money. This shift comes after Silicon Valley Bank and Credit Suisse took a tumble last year, making regulators buckle …
Earth is under a solar storm warning this week after the sun unleashed two powerful streams of energized particles directly at our planet over the weekend. The first is set to make an impact Monday and the second by Wednesday – both have a 60 percent chance of causing radio blackouts, according to NOAA’s Space …
https://events.rondesantis.com/ BREAKING:@RonDeSantis just deleted all of his campaign events from his campaign website ahead of his expected termination of his failed 2024 Presidential campaign! Today he also canceled his Sunday appearances on @MeetThePress @CNN . He also ended all ad spending in NH, SC,… pic.twitter.com/tDgZVuaX0F — Laura Loomer (@LauraLoomer) January 21, 2024 The media hits …
by confoundedinterest17 It’s not always sunny in Philadelphia! And not because the Eagles got stomped by Baker Mayfield and the Tampa Bay Bucs. Manufacturing activity in the Philadelphia region continued to decline in January (for the 18th month of the last 20). The headline Philly Fed survey printed -10.6 (worse than the -6.5 expected) and …
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 industrial parks and logistics hubs. Chinese real estate investment trusts (REITs), which issue shares to …
Insane https://t.co/QNSDIRtcZ7 — Elon Musk (@elonmusk) January 7, 2024 Insane, but true.We have a regime hell bent on flooding our county with illegals.Funny thing…it's seems the EU has the same issue at the same time? pic.twitter.com/9jRs3xllJD — floridanow1 (@floridanow1) January 7, 2024 Biden told us this would happen in 2015. pic.twitter.com/JtZpGaIxV7 — Carry (@boatgirl3) January …
by mark000 UK Q2 initially reported as 0.2% now 0.0% Q3 initially reported as 0.0% now -0.1% NZ 22Q4: -0.6% 23Q1: was 0.0% now -0.2% 23Q2: was 0.9% now 0.5% 23Q3: just released, forecast was +0.3% instead -0.3% The global economy is faring worse than expected in 2023. via CNN: The United Kingdom’s economy shrank …
JUST IN: Only 3 names will remain sealed out of the 150 names of associates connected to Jeffrey Epstein and Ghislaine Maxwell set to be released in the new year. 13 people fought to keep their names sealed however were unsuccessful. The three names that will remain sealed were… pic.twitter.com/7jDcnnfoVS — Collin Rugg (@CollinRugg) December …
When “WE THE PEOPLE” join together we cannot be stopped. The Biden administration may delay its controversial ban on menthol cigarettes again, with administration officials citing political pressure that could harm the president’s shot at re-election. According to The Washington Post, the administration is expected to reveal on Wednesday that it plans to finalize new …
As economic indicators signal a slowdown and companies prepare to cut back amid diminishing business activity, the prospect of a similar raise to the previous year dims for many workers. With the CFNAI pointing to a slowdown in economic growth in October and JPMorgan forecasting declines in key economic metrics, the landscape suggests a cautious …
Amazon (AMZN) founder Jeff Bezos is expected to offload more of his shares Bezos sold around US$240 million last week and may sell as many as 8 million to 10 million shares, amounting to more than $1 billion h/t eichenes
We are witnessing an inconsistency in the legal treatment of former President Trump and President Biden concerning the handling of documents. The question arises as to why Trump might face severe consequences while Biden’s case may not result in charges, suggesting a potential lack of fairness or equal application of the law. MEANWHILE, Trump faces …
This is outrageous! Robert Hur, the special counsel investigating Joe Biden’s stolen classified documents is not expected to bring criminal charges, according to The Wall Street Journal. Rather, the special counsel will release a report on his investigation. At least 5 White House aides, including former White House Counsel Dana Remus were involved in Biden’s …
via asiatimes: Wednesday, November 15th is Z-Day for the War in Ukraine. CIA Chief William Burns will arrive in Kiev for urgent, secret meetings with Zelensky. It is worth asking: How come Burns is on an urgent mission to Ukraine? The answer to the question is that Ukraine is imploding. The crumbling of the Zelensky regime is unsurprising: …
https://www.cnbc.com/2023/11/15/japan-q3-economy-shrinks-far-more-than-expected.html Japan’s economy shrank way more than expected in the July-September period, provisional government data showed Wednesday, amid slowing global demand and rising domestic inflation. Provisional gross domestic product fell 2.1% in the third quarter compared to a year ago, after expanding 4.8% in April-June. This was a bigger contraction than the expected 0.6% decline …
https://twitter.com/_/status/1723250122652311891 Live stream from the Seynisbrún Grindavík earthquake meter This could shut down a large portion of commercial flights from North America to Europe for an extended period of time https://twitter.com/_/status/1723263882020446692 Massive Underground Operation is taking place in Iceland now — DUMBS are being taken out! 85 ‘so-called earthquakes’ within the hour. ALL of them …
BEST video of the matte black Cybertruck in Malibu this morning! pic.twitter.com/YBURqJeFbI — Greggertruck (@greggertruck) November 6, 2023 Tesla’s Cybertruck debuted a new matte black wrap over the weekend, adding to the color schemes it has been spotted in. According to Inside EVs, it was being driven around southern California by the company’s chief designer, …
Consumer spending rose 4% in the July to September period, fueling a blowout quarter for economic growth, according to government data. — unusual_whales (@unusual_whales) October 31, 2023 https://twitter.com/RJRCapital/status/1719306931871834515
The cost of goods and services rose 0.4 percent for a second consecutive month in September, challenging the view that the Federal Reserve’s rate hikes are still bringing down inflation. The personal consumption expenditure price index was expected to cool slightly from the prior month. Over the past year, the index is up 3.4 percent. …
The ongoing property crisis in China is taking an epic turn, with the nation’s real estate index plummeting back to 2009 levels, marking an approximate 80% drop from its peak. This alarming situation prompted Chinese President Xi to make his first-ever visit to the central bank, signaling a shift towards a much-needed fiscal stimulus. China …
Jobs hotter than expected. CPI hotter than expected. This is 1980 Volcker deja vu. Or 2008: pic.twitter.com/HzVoOyWtfj — Mac10 (@SuburbanDrone) October 12, 2023 We have been dealing with elevated inflation for nearly 3 years. 3.7% inflation in September is building on years of inflation before 2023. The Fed will continue doing whatever it takes to …
For a long time the narrative has been goods inflation is now under control, mission accomplished and services is the only dragon left to slay. Now we are starting to see rising consumer spending on goods again, leading to hotter inflation there. Historically inflation episodes often come in waves and pulses, it’s not short and …
Samsung Electronics earnings are expected to plunge nearly 80% in the third quarter, according to analyst forecasts. Analysts see its semiconductor business — typically Samsung’s cash cow — reporting a more than 3 trillion won ($2.2 billion) loss for the third quarter. Memory chip prices have fallen dramatically this year due to a glut caused …
by Euro347 Wednesday, October 11, 2023 – Producer Price Index numbers are due Thursday, October 12, 2023 – Consumer Price Index Numbers are due. Just some data points to look at as we are going into this week. Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.0% in September from …
Section on how the global banking crisis will unfold once the derivatives market blows up, bringing in the new era of The Great Reset & CBDC 👇 https://t.co/Xsb9xXFLQH pic.twitter.com/2a9lnpmoDq — Financelot (@FinanceLancelot) October 4, 2023 Nigel Farage comments on the recent call by unelected head of the European Union, Ursula von der Leyen, for world …
