Independent thinking for complex markets and current events
Mortgage and student loan balances just hit all-time highs. Consumer debt? $18.20 TRILLION ya’ll! Credit card balances decreased by $29 billion. Auto loan balances declined by $13 billion. Not because people are “okay.” Because they’re broke. • Mortgage debt: $12.8T • Student loan debt: $1.63T And yes, student loan debt is growing faster than wages. …
TIMECODES 00:00 Your Debt Is About to Spike 00:14 Why the 10-Year Yield Matters 00:55 Mortgages vs. Treasury Benchmarks 01:18 Rising Rates and Volatility Trends 01:50 Psychology Behind Interest Rate Patterns 02:36 Sellers vs. Buyers: Bond Market Dynamics 03:04 Breakout Warning for Borrowers 03:48 National Debt Is Exploding 04:48 Would You Lend to the Government? …
GOP leaders hope to move it through the entire House by Memorial Day, and forward it on to the Senate for approval. Republicans aim to get it to Trump’s desk by their Fourth of July recess. House Republicans on Monday unveiled their long-awaited tax package, a 389-page bill that includes trillions in tax cuts — …
Foxconn workers in China who assemble $AAPL phones, were considered too expensive at $3 per hour, in 2023. Does the Commerce Secretary really think those $3/hour jobs are coming back to the US?! https://t.co/BLGkhpT4w2 pic.twitter.com/fqRJnxgTnN — James Chanos (@RealJimChanos) May 1, 2025 The jobs aren't coming back, only AI & Robots. The overseas cost of …
Fundamental misunderstanding of the technology. Waymo requires human code, mapping, and a very expensive and extensive process to outfit vehicles with self-driving sensors. Tesla has solved self-driving with 8-9 cameras and an onboard computer, costing no more than $2k in additional parts. Tesla can manufacture 2-3 million Robotaxis per year at an average cost
President Donald Trump, during his announcement last week of sweeping tariffs on countries around the world, called groceries an “old-fashioned” and “beautiful term.” But his policies will make America’s groceries more expensive today, supermarket executives and food industry experts say. Supermarkets sell imported items in every section of the store: from fresh and packaged foods …
Mega Millions ticket price goes up, but bigger jackpots expected. “April 5 (UPI) — Those wanting to play Mega Millions now have to pay more for a ticket — the next drawing in the multi-state lottery will cost $5, more than double its long-time cost. Following Friday’s Mega Millions drawing, the cost of a ticket …
This news is totally insane
We’re at the point where ‘too expensive to let it live’ is said with a straight face. These people are sick. — Clown World ™ 🤡 (@ClownWorld) March 27, 2025
With a mind-boggling price tag of $62,000,000,000,000 (£49trillion) for a single gram, this substance is by far the most expensive thing on Earth. However, even if you had the money, there might not be as much as a gram of this material anywhere in the universe. Unlike precious gems or metals, you can’t just dig …
‼️US STOCK MARKET IS MORE EXPENSIVE THAN AT THE 2000 DOT-COM BUBBLE PEAK‼️ US market capitalization included in the MSCI index relative to M2 Money Supply hit the highest level on RECORD. It has skyrocketed over the last 2 years and even surpassed the Dot-Com Bubble high. pic.twitter.com/K9soPG3Kvp — Global Markets Investor (@GlobalMktObserv) December 30, …
Agree 💯 $AAPL is too expensive now. The company has failed to show an improvement in it's sales and I'm just wondering why it's trading at these levels. — Stoic Investor (@Stoic_investr) December 24, 2024
Any questions?https://t.co/vgMB7gVz3H pic.twitter.com/m94yuqKjV5 — Mac10 (@SuburbanDrone) December 12, 2024 These conditions echo the dot-com bubble, where the Nasdaq rose five-fold from 1995 to 2000, only to crash by 78%. Given the current high valuations and investor optimism, caution is essential. Investors should consider the risks and adjust strategies accordingly. https://twitter.com/MichaelMOTTCM/status/1867196888430109006 The 2000 bubble: Nasdaq lost …
On paper, owning a home is almost always more expensive than renting — about 14% more, on average, after factoring in expenses like insurance, taxes, and upkeep. But the difference has grown much more extreme in recent years as just about all homeownership costs have ballooned. How extreme? Exact cost estimates vary, but recently the …
Berkshire Hathaway CEO Warren Buffett recently ended a six-year streak of stock buybacks for the company. While the company regularly participates in stock buybacks, it did not do so during the third quarter, according to Securities and Exchange Commission filings. Despite having over $325 billion in cash reserves, Buffett opted not to use that cash …
The California Air Resources Board is voting on November 8 on whether or not to adopt more stringent requirements for its Low Carbon Fuel Standard program, by which the state uses a system of credits and deficits to reward or punish producers that make fuel better or worse than the rising “clean” standard.” While the …
Warren Buffett Indicator hits 199%, the highest level in history, surpassing the Dot Com Bubble and the Global Financial Crisis 🚨 pic.twitter.com/w5qRdLZwPb — Barchart (@Barchart) October 16, 2024 Einhorn says it’s the most expensive stock market since at least 1996 David Einhorn, the hedge-fund star who co-founded Greenlight Capital, isn’t thriving as the bull market …
S&P 500 statistically expensive on 19 of 20 metrics BofA pic.twitter.com/FrYQL8Om8F — Win Smart, CFA (@WinfieldSmart) September 10, 2024 Commodities are pricing in the hardest landing this century: oil sentiment is worse than at the peak of the global financial crisis, Europe's sovereign debt crisis and the global covid lockdowns. pic.twitter.com/lbMgNz6ET9 — zerohedge (@zerohedge) September …
Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. …
Families in North Carolina spending 22% more on household goods than in 2021 Average household spending in North Carolina is $1,017 more per month today to buy the same goods and services as it was in 2021. Average household spending in North Carolina is $1,017 more per month today to buy the same goods and …
by James Hickman Just as Peter predicted on Wednesday after the monthly inflation report came out, Joe Biden and Kamala Harris almost immediately went into self-congratulatory mode to brag about how great they are at managing the economy. As President Biden told a gathering of reporters on Wednesday, “I said we’re gonna have a soft landing. …
The average new home is getting smaller, but don’t expect a discount. Even though soaring construction costs force builders and architects to employ clever design tactics to maximize space, home prices continue to climb, leaving budget-conscious buyers caught in a squeeze. According to a July report by John Burns Research & Consulting (JBREC), budget-conscious builders …
When it becomes prohibitory expensive to raise a family, it’s no surprise that the birth rate falls precipitously: https://t.co/B4O0MZr593 — Reef Insights (@ReefInsights) July 19, 2024
Why is Everything So Expensive byu/Fun_Balance_1809 ineconomicCollapse YOU CAN’T MAKE THIS UP: Hospital services prices have skyrocketed by a WHOPPING 256% since 2000. At the same time, College Tuition and Fees spiked by 188% Additionally, Childcare and Nursery School prices rose by 139% By comparison, US wages increased by only 68% since 2000. YOU CAN'T …
Cost of Living in the U.S.: According to a USA TODAY/Suffolk Poll, approximately 52% of Americans believe that the United States is too expensive to live in. Rising prices for essentials like food, shelter, health care, and transportation have put financial strain on many households. Gen Z and Secondhand Shopping: Gen Z (the generation born roughly between …
Buying a home and maintaining it is expensive, but selling it is costly, too, according to a new report. It typically costs $54,616 to sell a house in 2024, according to a June 17 report from Clever Real Estate. Almost half of surveyed home sellers, or 42%, said their costs to sell were higher than …
Video description: “Unlike New York, which has faced obvious difficulties in absorbing the influx of migrants into the state, specifically New York City, Massachusetts is taking a different tack and distributing migrants around the state to reduce concentrations in Boston and other major cities. Political commentator Savanah Hernandez reports on one converted motel in Dedham, …
Top 10 “impossibly unaffordable” cities Hong Kong Sydney Vancouver San Jose Los Angeles Honolulu Melbourne San Francisco/Adelaide San Diego Toronto For those who can’t wait for a change in policy or for demand to fall, the report also identifies the most affordable cities of the 94 surveyed worldwide. They are Pittsburgh, Rochester, NY and St …
The premium to own a home, rather than rent one, has hit 52.1%, the highest level in history pic.twitter.com/s8aBvDa7C7 — Win Smart, CFA (@WinfieldSmart) June 12, 2024
