Independent thinking for complex markets and current events
Calls to Embrace Reform But many economists and financial experts say that public policymakers need to embrace reform. “What we need is not just a smart Social Security fix, but we need to have a radical reform of our fiscal system,” Kotlikoff said. “It’s not doodling around the current system.” Indeed, he has proposed several …
View post on imgur.com Immigration is seen as the biggest issue facing Britain for the first time in almost eight years, a poll suggests. Research – carried out in the aftermath of the riots this month – found more than a third of Britons believe it is an important matter for the country. It is …
The global financial situation is heading towards another crisis, similar to the 2008 recession that affected economies worldwide. This time, the problem is even more serious and has disastrous consequences. The banking industry is facing a crisis with over $520 billion in losses, which has led to significant instability. The Banking Crisis You Need to …
🇨🇳 Why Chinese banks are now vanishing – The Economist*In the week ending June 24th, 40 Chinese banks vanished as they were absorbed into bigger ones.https://t.co/Zah97WGTZ4 — Christophe Barraud🛢🐳 (@C_Barraud) July 11, 2024 via MSN: The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of …
Active housing inventory in the United States continues to recover. Home Inventory is at a current level of 1.28M. Increased from 1.20M last month and up from 1.08M one year ago. This is a change of 6.67% from May 24 and 18.52% from June 23. pic.twitter.com/7tp47oiYcb — AKM (@akm515) July 2, 2024 1) The inventory …
“As if Boeing didn’t already have enough problems, today the Department of Justice announced that they are criminally charging the company with fraud over Boeing’s response to the crashes of two of their 737 MAX jets in 2018 and 2019. What the DoJ is doing is offering the company a plea deal so they can …
NATO countries will not be able to deploy more than 300,000 troops in case of a conflict, experts warn NATO countries in Europe are reportedly facing a shortage of military personnel and would have difficulty mobilizing a significant number of troops in case of a conflict, the Financial Times reported on Wednesday. According to the …
The Nasdaq made a new all time high last Thursday morning, then Nvidia spontaneously exploded. Now Tech bulls are facing island reversal of fortune. pic.twitter.com/ErerjtIcpV — Mac10 (@SuburbanDrone) June 24, 2024 #recession … #Tech Bubble 2.0 edition https://t.co/yncu41eSHb — Invariant Perspective (@InvariantPersp1) June 25, 2024 The call option 🫧 is now down to the last …
These people don’t want to buy any dip. They want to sell high and retire. NVDA FACING INSIDERS SELLING THE STOCK AT THE FASTEST PACE IN YEARS. byu/Androcles_InTheSky inwallstreetbets h/t OhWhiskey
American Ranchers Have Been Abandoned By US Government & Allowed To Be Invaded By Illegal Migrants “Everything down here is in disarray. Everything is it's horrible. It's horrible to have to live your life scared to death, wondering if this is the day that I'm gonna have to pull… pic.twitter.com/GaIruJev7G — Wall Street Apes (@WallStreetApes) …
The family of Kenosha killer Kyle Rittenhouse claim he has abandoned them and left them facing eviction while he cashes in on his notoriety. The 21-year-old shot to infamy in 2020 after gunning down three men with an AR-15 style rifle during unrest following a Black Lives Matter demonstration in Kenosha, Wisconsin. Two of the …
by Michael There has not been a global war since the 1940s, and now nations all over the planet are armed to the teeth with weapons of immense destructive power. Everyone knows that it is just a matter of time before global conflict turns our world upside down, and once that happens everything will change. …
via notayesmanseconomics: The calling of an election in France has already caused some questioning of what some regarded as economic certainties. One is the trope represented by the French finance ministry yesterday. France’s finance minister has warned that the country could face a debt crisis akin to the UK’s gilt market turmoil under former prime …
via notayesmanseconomics The last few days have brought something rather significant in the financial economy of Japan. It was highlighted this morning by the Ministry of Finance issuing some ten-year Japanese Government Bonds at a yield of 1.05% on average. So Japan has issued a decent tranche of benchmark ten-year bonds (2.6 trillion Yen) at …
https://twitter.com/_/status/1797461987896795633 “The war is ongoing in the North, and it has humiliated us.” He added, “Hezbollah has created a security area, they disintegrated our towns, and half of the residents don’t know if they are going to return. We are facing a collapse.” Hezbollah transforms ‘Israel’ into a punching bag: Israeli media https://english.almayadeen.net/news/politics/hezbollah-transforms–israel–into-a-punching-bag–israeli-m
🚨🇺🇸 INTERNET ARCHIVE UNDER DDoS ATTACK The Internet Archive is facing a major DDoS attack, disrupting access to millions of documents and websites. The attack began earlier today, causing intermittent access issues despite efforts to mitigate it. The team assures no data is… pic.twitter.com/R2Wnj9dCfx — Mario Nawfal (@MarioNawfal) May 27, 2024 h/t Skid Marx
Inflation may be cooling, but it continues to loom large over Americans’ evaluations of the country and the economy. Today, 23% of U.S. adults say the economy is in excellent or good shape, down from 28% in January but higher than the 19% who rated the economy positively last April. The recent negative slide in …
New York State Senator, previously supportive of the “Adult Survivors Act,” now deems it unconstitutional after facing a rape lawsuit himself. BREAKING: A New York State Senator that worked to pass the "Adult Survivors Act" which allowed E. Jean Carroll to go after Trump with accusations from 30 years ago now says the law is …
The labor market is not secularly tight, robust, or whatever useless terms are thrown around on here. The headwinds continue to mount against labor. Fed policy impact having a lagged impact time on Sunbelt vs other West Coast states, but continues to be seen in openings. pic.twitter.com/svpB2tUO7i — Don Johnson (@DonMiami3) April 28, 2024
🚨BREAKING: FED DISCOUNT WINDOW 📈 FED DISCOUNT-WINDOW LOANS $7.02B IN THE WEEK *The latest data suggest that mostly regional banks are using the discount window as they are the ones with the worst balance sheets. pic.twitter.com/KbqGFjQ16J — The Coastal Journal (@1CoastalJournal) April 25, 2024
Amidst the fervor surrounding Bitcoin’s price surge, fueled by expectations surrounding ETFs and halving events, critical analysis suggests that the current valuation may be detached from underlying fundamentals. As speculation outpaces historical patterns, concerns arise regarding the sustainability of this momentum, especially in light of emerging factors such as liquidity dynamics and inflationary pressures. With …
Traders build largest short position on Emerging Market Dollar Bonds in more than a decade pic.twitter.com/U9o9M39LYF — Win Smart, CFA (@WinfieldSmart) April 10, 2024 The recent financial tremors emanating from China have sent shockwaves through global markets. Traders are exhibiting unprecedented caution, as evidenced by the largest short position on Emerging Market Dollar Bonds in …
via notayesmanseconomics: A rise in energy costs is an especially big issue if you are an exporting manufacturer. The issue is in play for my subject of yesterday Japan, but when one thinks about it the classic case is Germany. We have been observing this for a couple of years now but it has taken …
A 23-year-old Florida woman called Alyssa Ann Zinger who posed online as a 14-year-old girl to meet and molest a teenage boy has been hit with additional charges. She was first arrested in November for allegedly engaging in at least 30 sexual acts with at least one middle… pic.twitter.com/e7IcxTUimu — Morbid Knowledge (@MorbidKnowledge) April 7, …
In our Unemployment Radar for states 27-50: > 10 states are in a labor market downturn > 7 states are on the watchlist > 6 states have continued labor market strength On the aggregate at the state level: > 25 states are in a labor market downturn> 11 states are on the… pic.twitter.com/NwaGoSMaT5 — MacroEdge …
“According to evictionlab just over the past 12 months alone, we have seen 83,000 tenants kicked out on the street and evicted and over 1 million eviction filings during the same time.. Here’s the kicker, that’s only across 34 cities and 10 states that they track. So this only accounts for roughly 1/5 of the …
Congress and the White House are still negotiating over a funding plan as they face a partial shutdown deadline on Friday. The federal agencies facing a shutdown threat later this week would send home more than 600,000 employees if Congress fails to enact funding by Friday, furloughing them with only the promise of backpay. An …
Some Chiefs fans who attended bitter cold playoff game now require amputations: hospital https://t.co/3myMIISoWG — FOX2now (@FOX2now) March 7, 2024 In the heart of NFL fervor, the consequences of a bitterly cold playoff game in Kansas City have left Chiefs fans facing a chilling reality. As temperatures plummeted to minus-4 degrees Fahrenheit with wind chills …
BY DAVID HAGGITH One chart here shows patterns like the present that ended in major disaster at about the point where the pattern is today. I’m sure it’s no surprise to anyone that the Magnificent 7, which led the huge rally in recent months to record highs, would be the stocks that take the rally …