Independent thinking for complex markets and current events
“The financial condition of balance sheets in the consumer discretionary sector has severely deteriorated over the past few years It’s one thing to accumulate debt in a easy money environment, but quite another to operate a highly leveraged business in a rising cost of capital setting. Keep in mind that some of these companies will …
In the Czech Republic, there’s a noteworthy situation unfolding. First, there are rallies happening in support of Russia. These rallies likely involve people who sympathize with Russia’s position in the ongoing conflict. On the other side of the spectrum, there are protesters who are firmly against the supply of weapons to Ukraine. They believe that …
Hunter Biden could reportedly face up to 25 years in prison and a $750,000 fine following three gun-related charges by Special Counsel David Weiss. Weiss, who was nominated by two Democrat senators and gave Hunter Biden a sweetheart plea deal before it fell apart, indicted Hunter on three gun charges. Notably, Hunter Biden was not …
US claims Google pays more than $10 billion a year to maintain its search dominance WASHINGTON (AP) — Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the Department of Justice said Tuesday at the opening of the biggest U.S. antitrust trial in a quarter century. “This …
New Mexico Gov. Michelle Lujan Grisham (D) is facing growing backlash, including a call for her impeachment, following her September 7, 2023, executive order banning concealed carry for self-defense in cities like Albuquerque. Breitbart News reported that the governor’s order took effect September 8, 2023, and lasts 30 days, after which Lujan Grisham made clear …
When asked who was calling the shots that day at the Emergency Operations Center, Maui Mayor Richard Bissen said, “I’m not sure who was in charge.”
The Bank of England is facing major losses on its bond purchases — and it’s set to get much worse The Bank of England’s losses on bonds bought to shore up the U.K. economy will be “materially higher than projected,” according to Deutsche Bank. In late July, the Bank of England estimated that it would …
A Bedford man has become the second Wyoming resident to face federal charges for his alleged involvement in the Jan. 6, 2021, Capitol riot, accusing him of assaulting U.S. Capitol Police with flagpole. Douglas Harrington, 68, is facing six federal charges that, if convicted, could land him in prison for up to 75 years. The case was filed …
Kari Lake mocks Regime Media to their faces while milking a cow: "You know there are only two genders, right? The New York Times should try to milk a cow and then try and milk a bull and see how that goes." pic.twitter.com/GdAPFH4yJy — Citizen Free Press (@CitizenFreePres) August 11, 2023 h/t Terminally Dispelled
Several prominent conservatives have called for a boycott of Harry’s over the razor company’s partnership with a transgender influencer. Blogger Matt Walsh was among the right-wing voices to criticize Harry’s over the weekend. Writing on X, formerly Twitter, Walsh wrote: “We’ve taken down Bud Light. Now it’s Harry’s turn.” “This company only wants your business …
Have you seen how fast gas prices rose last week? New reports reveal that fuel stockpiles have dropped globally, and the problem is likely to get even worse over the next few weeks and months as demand continues to outstrip supplies amid OPEC+ production cuts. Americans are now paying the highest prices for a gallon …
This is not Apple, Nvidia or even Tesla. It’s Congress members over the age of 70 pic.twitter.com/7wHtffIHlA — Not Jerome Powell (@alifarhat79) July 28, 2023
"Yield curve control is a dangerous policy which needs to be retired as soon as possible…It has been a major factor in the yen reaching its lowest level, in real terms, since the 1970s. So, the BOJ wants to very carefully dismantle YCC, and the yen will rally:" @kitjuckes — Lisa Abramowicz (@lisaabramowicz1) July 28, …
https://twitter.com/BernieSpofforth/status/1683732911382560768 As the climate & netzero scams go into overdrive say bye-bye to your current way of life – unless you are rich of course, then you can do as you please. – a road usage charge of around €0.75/km is about to be introduced in Ireland. This will make car-travel unaffordable… pic.twitter.com/ciZoeAtq0Y — KB …
Hunter Biden Put Then-VP Dad on the Phone With Business Associates at Least 2 Dozen Times, Ex-Partner Devon Archer to Testify Hunter Biden would dial in his father, then-Vice President Joe Biden, on speakerphone into meetings with his overseas business partners, according to testimony expected before Congress this week from Devon Archer, the first son’s former …
The first openly transgender lawmaker in the US is facing federal charges in connection with sexual exploitation at a Tyngsborough, Massachusetts daycare center. A teacher at the daycare who assisted the lawmaker in obtaining sexual pictures of the children has also been arrested and was charged in June. In a press release, the Justice Department …
by EuphoricTrilby JUST IN: Speaker McCarthy accuses the government of being weaponized against presidential candidate Donald Trump while it protects the Biden family. Is the government weaponized? Felony counts against Trump: 71 with more coming.Felony counts against Biden: 0 Biden family:-… pic.twitter.com/BJLv6WhdPH — Collin Rugg (@CollinRugg) July 18, 2023 Trump is about to be indicted …
Here's the US deficit by month for both FY 2022 and FY 2023 YTD. In March, when the regional banking crisis began, the US added a whopping $378 billion to the deficit. September 2022 added $430 billion. Follow us @KobeissiLetter for more as we unpack the latest deficit report. pic.twitter.com/PVAUAFp3D2 — The Kobeissi Letter (@KobeissiLetter) …
“The weakening external demand continues to impact China’s trade,” said Lyu Daliang, spokesman of the the General Administration of Customs. “The global economy’s recovery is lacking a driver. Global trade and investment is slowing, while unilateralism, protectionism and geopolitical risks are rising.” https://ca.finance.yahoo.com/news/china-worse-expected-exports-deal-045804232.html China’s Drop in Exports Signals Deepening Slowdown in Global Trade Campaigns by central …
CPI 0.2% M/M, Exp. 0.3%CPI Core 0.2% M/M, Exp. 0.3% CPI 3.0% Y/Y, Exp. 3.1%, CPI Core 4.8% Y/Y, Exp. 5.0% — zerohedge (@zerohedge) July 12, 2023 The Fed’s inflation job is not done yet Despite headline inflation trending lower, sticky inflation is still at levels last seen in 1982 pic.twitter.com/Hk51pNGs2B — Bravos Research (@bravosresearch) …
THERE IS NO SOFT LANDING Not for the US consumer, not for the US Government This plane is flying straight towards a Debt Jubilee or crashing in a Great Depression 2.0 Fintwit passengers can argue about the meaning of turbulence along the way But that’s how this ride ends pic.twitter.com/uzZanBIIAC — Amy Nixon (@texasrunnerDFW) July …
It bags a few questions. Why our military faces the biggest recruitment shortages in 50 years if it’s not for Wokeness and promoting people like Maj. Rachel Jones? pic.twitter.com/7yq5U5YXKM — I Meme Therefore I Am 🇺🇸 (@ImMeme0) July 2, 2023 Is letting men who identify as women to take showers with female soldiers even if …
We are digging into all of the data behind this new report. The unrealized losses seem to go well beyond just bond markets. Let us know if you'd like to see a Twitter thread explaining this situation in full detail. Follow us @KobeissiLetter for more as this develops. — The Kobeissi Letter (@KobeissiLetter) June 30, …
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse. 1) What's scary for the US Housing Market is just how many Airbnbs there are. Data …
by confoundedinterest17 As I discussed yesterday, the Misey Index under Biden remains elevated compared to that of Trump pre-Covid despite massive financial stimulus from Green Man (The Federal Reserve under Jerome Powell). Now we have more evidence of an impending recession with the Philly Fed General Business Conditions index falling to -16.6 in June as Green …
by Chris Black I really enjoy saying “I told you so”. And I told you they will never allow Trump to run for office again. The Biden entity finally did it. BREAKING: Donald Trump Arrested The former President has arrived at the Courthouse in Miami and has been arrested. This marks the second time that …
via NYPOST: The federal indictment lodged against former president Donald Trump includes seven charges that carry a maximum 75-year prison sentence if convicted on all counts. The charges against Trump include: willfully retaining the national defense documents, conspiring to obstruct justice, withholding the documents, corruptly concealing the records, concealing a document in a federal investigation, …
by Simian_Stacker A preview of coming attractions as the Fed & Brandon regime hurtle the USA down the road to Venezuela del Norte.