Independent thinking for complex markets and current events
"Using the cyclically adjusted price/earnings ratios published by Barclays Bank Plc, India recently overtook the US to become the world’s most expensive major stock market."@johnauthers pic.twitter.com/anXhnW2Fzq — Daily Chartbook (@dailychartbook) June 6, 2024 CAPE in economic terms refers to the Cyclically Adjusted Price-to-Earnings Ratio (CAPE ratio). It’s a valuation metric used to assess the stock market’s …
Bidenomics inflation hit harder than people thought was possible. pic.twitter.com/m2LMRJWv4l — The almighty (@Startrance85) June 3, 2024
US housing has become the most expensive in history: The median sale price of houses sold in the US hit another all-time high of $387,600 in May, measured as a 4-week average. Prices increased 4% year-over-year and exceeded the June 2023 record. Since 2021, the median home… pic.twitter.com/K9ltjcfI85 — The Kobeissi Letter (@KobeissiLetter) May 30, …
Key points: Massachusetts is the most expensive state to raise a family of four, requiring an annual income of $301,184 for comfortable living. Hawaii, Connecticut, New York, and California follow closely behind in terms of required income. The cost of living calculations are based on a 50/30/20 budget allocation for necessities, discretionary spending, and savings. …
via Mike Shedlock Drones from American startups are glitchy and expensive prompting Ukraine to turn to alternatives from China. The Wall Street Journal comments American Drones Failed to Turn the Tide in Ukraine The Silicon Valley company Skydio sent hundreds of its best drones to Ukraine to help fight the Russians. Things didn’t go well. Skydio’s …
Food Inflation since 2019 pic.twitter.com/HzChTeIbHt — Win Smart, CFA (@WinfieldSmart) April 4, 2024 They are definitely losing control over #oil prices 👀 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 …
Trump Media, which began being publicly traded last week, is now far and away the most expensive stock to sell short, according to S3 Partners, a leading financial data marketplace platform. Investors who wanted to borrow Trump Media shares to sell them short on Wednesday would have had to pay financing costs of between 750% …
INTC has been touted as the “value” play out of the semi-conductor industry as companies like NVDA and AMD are trading at insane valuations… but when does “insane” become reality? NVDA is growing into it’s valuation at an incredible pace. INTC: 10-year revenue growth of 20% (total). NVDA: 10-year revenue growth of 1,900%. Chart from ChartWiz.io …
by confoundedinterest17 Constitution Avenue in Washington DC is actually becoming Tobacco Road. No, not the dysfunctional family of Georgia sharecroppers during the Great Depression, but the Treasury Borrowing Advisory Committee (TBAC). On Monday, after we got the first part of the Treasury’s Quarterly Refunding Announcement (QRA), in which the Treasury unexpectedly announced a big drop in its borrowing …
Betsy Anderson’s luck with refrigerators stinks as badly as the food she’s tried to keep cold. “One morning I went to get milk out and it was sour,” said the Redwood City homeowner. First, a $2,800 Kenmore Elite fridge — with an LG compressor inside — died in late 2019. “It was like 15 months …
by confoundedinterest17 Al Gore, former Clinton VP and Senator from Tennessee, has made millions of dollars from his hysterical film about global warning called “An Inconvenient Truth.” For that, Gore (undeservedly) won a Nobel Prize. Then again, Obama won a Nobel Prize for Peace then proceeded bombing people. You can’t make this stuff up. Well, …
"Why is everything so DAMN expensive?" Four years ago my rent was $1,200 a month at a luxury apartment complex" "It is NOW $2,100, not even including utilities" "3 years ago my electric bill was averaging $45 now it's averaging $125…" "I went to the grocery store yesterday… pic.twitter.com/zcyvXX6AC7 — Wall Street Mav (@WallStreetMav) January …
Twitch, the popular video streaming service, plans to shut down its business in South Korea on February 27 after finding that operating in one of the world’s largest esports markets is “prohibitively expensive.” Twitch CEO Dan Clancy said the firm undertook a “significant effort” to reduce the network costs to operate in Korea, but ultimately …
Despite a surge in mortgage rates, home prices continued to rise, registering a 3.9% increase in September compared to the previous year, according to the S&P CoreLogic Case-Shiller Index. This growth coincided with a climb in the 30-year fixed mortgage rate towards 8%. While rents show signs of easing, home prices are currently nearly 10% …
by Chris Black Once these missiles run out, the country is basically a sitting duck. Hamas’s Qassam rockets are made from sugar and fertilizer. Their supply is effectively infinite. Iron Dome interceptors are finite and very expensive. Hamas may be forcing Israel to expend Iron Dome ammo on Qassams so they’re defenseless when Hezbollah launch …
The Nasdaq’s return compared to US Treasuries is now at a record high, surpassing levels seen during previous bubbles and indicating a significant gap between equity and bond returns. So many unsustainable metrics out there right now. This also underscores the significant outperformance of the S&P 7 to the remainder of the index. Markets are …
The 10 cheapest and 10 most expensive states to retire in: pic.twitter.com/C0FOIlklFY — unusual_whales (@unusual_whales) October 17, 2023
https://t.co/zmQWd4sGpu — Win Smart, CFA (@WinfieldSmart) October 16, 2023 It was also reported that sales of multi-tenant apartment buildings dropped 74%, reaching a new record since 2009. Read more: https://t.co/z4NqPdSVqo — unusual_whales (@unusual_whales) October 17, 2023 The housing market … 2023 pic.twitter.com/nJu7YiHVYu — Wall Street Mav (@WallStreetMav) October 17, 2023
The most expensive time to live in this country — Tr3ndy Jon (@Tr3ndyJon) October 9, 2023 The struggle against inflation is pushing Americans to take on multiple jobs, with a record 447,000 Americans are now working 2 full-time jobs. 'Americans age 65 and up accounted for 22% of spending last year, the highest share since …
While you are distracted with petty daily infightings, this has been silently underway. You will own nothing and be happy… via businessinsider: The housing market is so unaffordable that only three extreme scenarios would return it to pre-pandemic affordability. US incomes would have to spike 55% to consider the current market affordable, an industry executive …
Target is one of the many retail names facing increasing theft. Walmart recently said they are considering raising prices and shutting stores due to theft. What's the solution to this quickly developing crisis? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 4, 2023 Now supermarket slaps security …
via cityandstateny: Mayor Eric Adams’ administration is doubling down on its message to asylum-seekers at the southern border who might be thinking of coming to New York City: You’re better off going somewhere else. That message is being delivered in an updated set of flyers that the city and its partners will distribute at the border and …
National Lobster Day is a good time to look at what Bidenomics is going to do to lobsters and the $400 million lobster industry. And it isn’t good. It isn’t good for electric users’ budgets either. Biden’s 30 GWs of offshore wind is catering to the left’s rush to “end fossil fuels” (which provide 80% …
Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, & BlackRock Jay! ‘The median home value to income ratio in the US now stands at a record ~4.5x. This is 45% above the historical average of ~3.1x with the median home payment now at a record $2,800/mo. Meanwhile, the median rent price in the US just …
STOCKS VERY EXPENSIVE pic.twitter.com/rmoOk9V5Dy — Win Smart, CFA (@WinfieldSmart) August 28, 2023 Retail is about to go all in 🎲 https://t.co/tgq5NxIRhj pic.twitter.com/IFX6t5KBbk — Financelot (@FinanceLancelot) August 28, 2023 CREDIT 💳 CARDDELINQUENCY pic.twitter.com/RdciYYICEt — Win Smart, CFA (@WinfieldSmart) August 28, 2023
FEMA officials have been slammed by Maui locals for their slow response to the devastating wildfires that ripped through Lahaina earlier this month But DailyMail.com can reveal they are staying at three five-star hotels, Fairmont Kea Lani, Four Seasons, and the Grand Wailea Astoria, during recovery efforts Federal government rates for this week at all …
