Independent thinking for complex markets and current events
BREAKING: Iran's Foreign Minister Araghchi just now on potential peace talks with the US: "We do not have any faith that negotiations with the US will yield any results. The trust level is at zero." pic.twitter.com/dnSzCrUBsa — The Kobeissi Letter (@KobeissiLetter) March 31, 2026
⚠️US manufacturing is experiencing its worst period since the Great Financial Crisis. In December, the downturn deepened further. If someone says there are signs of improvement, they probably do not understand the major indicators. Why?👇https://t.co/X2AcUqEbb1 — Global Markets Investor (@GlobalMktObserv) January 15, 2026 GDP hits 5.5%. Meaning the American economy is now growing faster than …
by Michael The chaos that has erupted in Mexico City is shocking the entire globe. Vast hordes of angry protesters that are fed up with the corruption of the Mexican government surrounded the presidential palace on Saturday. Law enforcement authorities knew that the protesters would be coming, and so they set up an enormous security wall around …
by Michael I don’t think that our government agencies could have handled the Epstein case any worse. For months, we were promised that all sorts of shocking revelations would be forthcoming and that justice would be served. I believed that, and so I waited patiently for law enforcement officials to do their jobs. But now …
There’s a whole generation of investors who never lived through pain. They came of age in a world where risk meant reward and loss meant stimulus. Where the Fed was not a referee but a guardian angel. They watched markets recover in days, not years. And they believed it. All of it. They saw the …
During the recent White House Correspondents Dinner, Alex Thompson, currently at Axios, steps up to accept the Aldo Beckham Award for Overall Excellence and says that the media did a poor job covering President Biden’s mental and physical decline during the final years of his presidency. The one thing he says that really sticks out to …
What happens when the world stops trusting the dollar? Global investors are already backing away – and the reckoning may have begun – just hit its 25th all-time high of 2025. Are you prepared? By Peter Reagan It’s said that if you asked a fish if water is wet, the fish would reply, “What is water?” …
Investors lose faith in China’s recovery; $18 trillion in wealth destroyed. China iPhone shipments fell by 47% y/y. 🚨INVESTORS LOST FAITH IN CHINA'S ECONOMIC RECOVERY🚨 China's 10-year government bond yield fell below 1.6% for the FIRST TIME EVER. CSI 300 index FELL for the 3rd STRAIGHT day in the worst start to a year in …
The December Philly Fed Manufacturing survey was another disaster, collapsing from -5.5 to -16.4, versus an expected rise to +2.8. This is the weakest level of the year. More problematic, prices paid jumped while prices received fell. All signs point to #stagflation. Sorry, Fed. — Peter Schiff (@PeterSchiff) December 19, 2024 The markets still don't …
https://twitter.com/TheRabbitHole84/status/1732060272595218827
The S&P 500 is now down 340 points, or 7.5%, since the Fed removed a recession from their forecast. On July 26th, the Fed raised rates and said they were not longer expecting a recession. The Fed marked the EXACT high in the S&P 500 which just hit its lowest levels since June. Since then, …
Bloomberg: Credit Card Debt at $1 Trillion Is a Sign of Consumer Strength [LOL!] h/t Ok_Significance_4008
via althouse: As the Democrats have become the party of the college-educated, and as higher education has become dominated by left-leaning staff and students, Republicans have grown more skeptical that colleges are environments where either their ideas or their children are welcome [according to Frederick Hess, an education-policy analyst at the conservative American Enterprise Institute. …
by Michael The verdict is in. Joe Biden is the worst president in the entire history of the United States, and that is really saying something because we have had some absolutely horrible presidents. Just about everything that Biden has done since he entered the White House has turned out badly, and our once great …
by Michael We live in an upside down society with completely upside down values. In this sort of an environment, literally anything that you say could get you into serious trouble. Theoretically, our Constitution is supposed to guarantee the right of free speech for us, but the truth is that free speech has been dead for quite some time now. Those that are …