Independent thinking for complex markets and current events
BREAKING: Chicago Public Schools has infuriated parents after being caught spending MILLIONS on luxurious travel worldwide despite horrendous performance from students. Principal-booked Vegas Suite Hawaii “professional” trip 15 staff trips abroad And yet: over 43% of teachers have been absent for 10+ days. 58% of students not proficient in reading, 73% in math. Get your …
US grocery prices have never been more expensive: The average cost of groceries for a family of 4 is now up to a record $1,030/month. This marks a +$280 increase since January 2017, when the average family spent $750 a month. In 2021-2022 alone, grocery costs surged by +$150. To put this differently, a family …
Everything feels worn thin. People aren’t hiding it anymore. “Oh, F*ck Off!’ Democrats Rage at ‘Pathetic’ Shutdown ‘Betrayal’ in Mass Backlash… Democrats across the spectrum lashed out at leadership after the deal was announced, calling it a sellout and a pathetic betrayal of promises made to voters… one progressive lawmaker said the agreement ‘gives away …
by Michael It is starting to look a lot like the Great Recession again. I thought that the pace of layoffs in 2024 was bad, but it has just exploded here in 2025. Vast numbers of good paying jobs are being ruthlessly eliminated, and competition for any decent jobs that are still available has become …
Private credit has turned into the blind spot of American banking. It started small, just a niche corner for high-yield loans, and now it’s a $1.7 trillion machine that barely anyone can see inside. Banks keep pouring money into these private lenders, hundreds of billions at a time, but almost none of it shows up …
by Michael Consequences often do not show up for an extended period of time, but when they finally arrive they can be exceedingly painful. For decades, our leaders have been making incredibly foolish decisions, and for decades people like me have been ranting about it. But most people thought that everything must be okay because …
The economy is breaking. And no one’s ready. 806,000+ layoffs in 2025 so far. 48% of consumer credit applications denied over the past year. Refinance rejection rate: 41.8%… the highest in 12+ years. U3 Unemployment forecast: 4.5–5.0% by year-end, according to Apollo, Peterson. (If the BLS is left the same- but who knows at this …
Bitcoin-backed loans are surging. Not as a hedge. As a new form of leverage. Same greed. New wrapper. “Twenty One Capital, backed by Cantor Fitzgerald and Tether, may begin issuing US dollar loans using Bitcoin as collateral… the company recently acquired about 5,800 BTC from Tether, pushing its total holdings to an estimated $5.13 billion.” …
Morgan Stanley just slammed a price tag on AI’s future. $2.9 trillion in data center spending by 2028. Only $1.4 trillion of that comes from actual cash flow. That leaves a massive $1.5 trillion debt crater. Not a simple gap. A full-blown crisis. “By 2028, global data center construction will require approximately $2.9 trillion… relying …
The job market is completely frozen. pic.twitter.com/n9eh5AnCVV — Spencer Hakimian (@SpencerHakimian) August 3, 2025
The border between Cambodia and Thailand has erupted into open warfare. On July 24, 2025, fighting broke out across six locations near disputed ancient temples, triggering airstrikes, rocket fire, and mass evacuations. Thailand deployed F-16 fighter jets to bomb Cambodian military targets. Cambodia responded with BM-21 rocket launchers and artillery. At least 14 people are …
Ted Rossman, Senior Industry Analyst at Bankrate, breaks down the growing U.S. consumer debt crisis, including the rise of credit card delinquencies and the evolving impact of Buy Now, Pay Later on credit markets.
Reagan promised tax cuts would pay for themselves. Blew out the deficit. Bush promised tax cuts would pay for themselves. Blew out the deficit. Trump promised tax cuts would pay for themselves. Blew out the deficit. Fool me once, shame on me. Fool me four times…? Reagan promised tax cuts would pay for themselves. Blew …
European yields set to explode. Consequence of cutting rates inbound. Hope this helps. pic.twitter.com/iJpPDssWY2 — The Great Martis (@great_martis) July 2, 2025 Economic boom https://t.co/Vh9utBfYIc — Alessio (@AlessioTMAD) July 2, 2025
**I really don’t understand why everyone isn’t outraged about housing. If this keeps up, when my kid turns 22 (2047), they’ll need to make ~$843K/year just to buy a median-priced home. This is what happens when you rack up government debt and flood the system with handouts.… https://t.co/JbkFjMcv7T — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) June …
by Michael Will we soon see rioting in major cities all over America? The city on the west coast that has the most people living in it illegally is Los Angeles, and we have already seen what happened there. The city on the east coast with the most people living in it illegally is New York, …
Tell me why the Insurrection Act hasn’t been invoked? They are now taking down the barriers in NYC and getting into direct and violent confrontations. It’s spreading. pic.twitter.com/PgD06gBNFp — Gunther Eagleman™ (@GuntherEagleman) June 11, 2025 The ICE protests have spread to San Francisco.. No surprise. 🤦♂️🤦♂️ pic.twitter.com/wc3GgY7CaA — American AF 🇺🇸 (@iAnonPatriot) June 11, 2025 …
$HKD went from $12 to $2,555.$RGC went from $3 to $950. The crash is inevitable. Only a matter of time. pic.twitter.com/T9P3Q6B3h7 — Heisenberg (@Mr_Derivatives) May 30, 2025
New reports reveal Tish James could face up to 30 years in federal prison—raising serious questions about corruption at the highest levels.
1/5 So, the @federalreserve has allowed inflation expectations to become COMPLETELY unhinged, yet again, which means, soon, a surge in inflation is coming to a grocery "shelf" near you/me. Yet, instead of the folks who "have a voice" demanding to know why J. Powell… pic.twitter.com/D7OvkfZsYD — Gordon Johnson (@GordonJohnson19) April 29, 2025 3/5… phenomenon (i.e., …
People are so desperate for cash that they are rushing out to melt their gold jewelry in exchange for cash. At the same time. Layoffs are picking up and many people are turning into gig work for a quick paycheck replacement. Only to find out that there is now a waitlist that can last for …
2/ From 1940s to 1970s, Americans used to save around 10% of their annual income But today, savings relative to income is almost near 0% pic.twitter.com/aEsoNYSKiZ — Bravos Research (@bravosresearch) April 18, 2025 4/ Today, the personal savings rate has dropped to 4.6% This is historically a very low level pic.twitter.com/us3oz4YLN0 — Bravos Research (@bravosresearch) …
This week (Wednesday morning) is CPI. Commodity prices back to 20 year highs. This is what I call Ponzi inflation. Bid up asset markets until they explode due to feedback through the economy. pic.twitter.com/VyscoXucnF — Mac10 (@SuburbanDrone) January 14, 2025 M2 money supply is a key indicator of liquidity It represents the total amount of …
BREAKING: #Bitcoin tumbles under 94K. pic.twitter.com/sn0IuI52Qv — Jacob King (@JacobKinge) December 27, 2024 They need liquidity 😈 — TrippyMike (@TrippyMike_TC) December 27, 2024 The market woke up and realized rates are high, liquidity is drying up and Powell is still serious about not cutting as much as what is desired. NASDAQ down over 2% S&P …
Global yields to explode in 2025. pic.twitter.com/n1ycL1tXOD — The Great Martis (@great_martis) December 23, 2024 The U.S. federal debt is projected to reach over $50 trillion by the middle of the next decade. This includes the need to roll over existing debt, which means refinancing or issuing new debt to pay off maturing obligations. The …
Watch yields across the board carefully. 📈📊 About to explode. 💥🌋 pic.twitter.com/oWAjFEftn4 — The Great Martis (@great_martis) October 27, 2024 Sweet Jesus, Mother Mary of God. It's happening. pic.twitter.com/XzZEdMJyWR — The Great Martis (@great_martis) October 27, 2024 Analysts assess contributors to the unusual 60 basis point rise in 10-year UST yields. With so much on …
