Independent thinking for complex markets and current events
We know many fast food restaurants have been losing customers due to extreme pricing of the poor quality food but on top of losing customers there also losing employees in California due to the new $20 per hour minimum wage mandate. So far just in less than one year already 6100 jobs have been lost …
At the current pace, US debt could hit $40 trillion within the next 2 years. Calls for major spending cuts are growing, but not being acted on yet. We are on an unsustainable fiscal path. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) November 27, 2024 Over $70 …
According to the latest housing market data from realtor.com home prices are now falling at the fastest rate in five years. Simultaneously new listings are up 36% year over year. This is great for any would be buyers, but the situation will only get better the more buyers hold out for better deals in the …
Boom! This woman says everything so perfectly and sums up every issue that is upside down in our country. 💯% Keep this video saved and show it to Democrats. “Titanic America is taking on water and sinking fast.” pic.twitter.com/71fPoHXJQg — 👉M-Û-R-Č-H👈 (@TheEXECUTlONER_) July 30, 2024 h/t AR 15-SPECIALIST
by confoundedinterest17 This scene from the film “McCabe and Mrs. Miller” sums up our political plight quite nicley. Politicians spend like crazy to stay in power (Biden/Harris) are excellent examples). Politicians promises endless money, then shoot the economy. The US is broke and relies on printing money and boowed funds to stay afloat. Harris wants to …
The break will be hard. And fast. And take everyone by surprise. pic.twitter.com/kk26gMoGBN — Mac10 (@SuburbanDrone) July 8, 2024 12m forward EPS est have surged to $260 (blend '24/'25), while actual earnings have been *flat* around $225 for ~2yrs. Plus paying 21x fwd, levels only seen in the tech bubble at these bond yields. pic.twitter.com/JcFgZhs7PJ …
BANKING CRISIS Worsening! Another 100mill rescue. From 0 to 100 million in bailouts, (every couple weeks) soon this will be in the billions. Won't be long. pic.twitter.com/D9lAQeshFv — The Great Martis (@great_martis) June 13, 2024 Stocks are about to do something completely crazy Buckle up pic.twitter.com/g8fcsjrBbD — Bravos Research (@bravosresearch) June 14, 2024 Pay attention. …
We should limit future wars to drones. Humans will die very fast. — Elon Musk (@elonmusk) May 23, 2024
The CEO of Zillow just issued a warning that first-time homebuyers are beginning to drop out of the housing market in 2024. And that this reduction in buyer demand could hurt Zillow’s business and revenue in the second quarter. Zillow makes their money by selling leads to realtors in their Premier Agent program. So a …
A total collapse is happening. The going loan rate now is around 18%… A Complete RIPOFF! No one can afford that crap! Average credit card rates are 23.9%! INSANE! h/t Interstellar_Man
Fast-food chain Wendy’s will pay some of its current and former workers hundreds of dollars each after it agreed to settle a class action lawsuit that alleged the company collected their biometrics without following the privacy regulations it was bound to by Illinois law. At the heart of the issue, according to those who brought …
by Toddlovessilver This is directly related to observations about the economy, at least in middle Tennessee where I live. Precious metals should see robust influx of investments, as the weaker economy negatively impacts jobs, incomes, disposable income, consumer spending and ultimately personal security… citizens abilities to provide themselves with the basics of food, shelter and …
It’s a GO. Pandemic 2.0 is underway. They are using the same Pandemic-speak as last time. Now MASSACHUSETTS says it’s being hit by mystery wave of pneumonia in children: ‘White lung’ outbreak also in Ohio – after China and Europe saw surge in cases and hospitalizations Doctors in Massachusetts are now reporting a spike in …
Wage growth is dropping fast. Down to 3.9% YoY for American Workers. 📉 That is now the lowest rate of wage growth since the pandemic started. And also below the 60-year average. Bad news for US Economy & Housing Market. ❌ pic.twitter.com/YgomPshuyf — Nick Gerli (@nickgerli1) October 6, 2023 Americans are struggling to make ends …
by John-Wetter-2310 To break it down: • Since May 2021, the average 30-year mortgage has tripled, going from 2.6% to 7.8% in just over two years. This also marks a 23-year high. • The 10-Year Note Yield rises to 4.59%, its highest level since October 2007 – remember what else was happening around 2007-2008? Attached …
How many days, weeks, and months does the LGBTQIA community need? pic.twitter.com/SsUNHqf4Ul — The Post Millennial (@TPostMillennial) September 8, 2023 Sacramento – Today the California State Assembly voted to declare every August moving forward, Transgender History Month. The move comes as over 500 anti-LGBTQ bills have been introduced in State Legislatures across the country with …
HAWAII UPDATES: ''I just got out of a meeting where I was informed by someone in the Mayor's office about developments that are being kept from the public. I am not a conspiracy theorist and I don’t want to make trouble but here’s what I’ve heard. The amount of fatalities is… — Erin Elizabeth Health …
KYIV (Reuters) – Ukraine has received cluster munitions, a military spokesperson said on Thursday, less than a week after the United States announced it would transfer such munitions to Ukrainian forces. Valeryi Shershen, a spokesman for the Tavria military command in southern Ukraine, confirmed a CNN report citing the commander of the Tavria forces as …
by confoundedinterest17 Nicolas Maduro of Venezuela must be envious of Joe Biden. I don’t think even Maduro has the stones to have his politiical opponent charged with espionage in the run-up to a Presidential election. Particularly when the US President has been bribed by China and Ukraine and has similiar sensitive document hoarding issues (at least Trump …
Actor Tyrese Gibson speaking on how Hollywood is trying to 'normalize the devil' pic.twitter.com/g0Yc0Il0zw — Vision4theBlind (@Vision4theBlind) June 2, 2023 h/t Little Lost