Independent thinking for complex markets and current events
Shoplifting has surged by 25 per cent in a year with knife and gun crimes, robberies and car thefts also up, new official figures revealed today. There were 365,164 shoplifting cases recorded by police over the 12 months ending June 2023, as well as 50,833 knife offences (up 3%), 77,337 robberies (up 11%) and 400,861 …
by Chris Black Border Patrol, CBP and other assorted agencies have encountered a staggering 3.1 million people at the southern border (https://www.fairus.org/legislation/biden-immigration-border-policy/border-security/cbp-posts-record-number-border) of the United States through fiscal year 2023. People are crossing from all over the globe. (https://www.pbs.org/newshour/politics/smugglers-are-steering-migrants-into-the-hot-arizona-desert-posing-new-border-patrol-challenges). Chinese, Pakistanis, Bangladeshis, Haitians and of course throngs of South and Central Americans. 62.6% of those …
by confoundedinterest17 The Federal Reserve is watching July’s jobs report carefully. According to the Bureau of Labor Statistics (BLS), the US economy added 187k jobs in July, less than the expected 200k. US average hourly earnings continued at 4.4% year-over-year (YoY). However, the last core inflation reading was 4.8% YoY, so real wages continue to decline. Rent …
by Chris Black ALL numbers are fake now. Govt data, company earnings, statistics…totally and completely fake. Earnings may be the worst considering people believe them, no normalizing for inflation, and the fact that “audits” these days are completely corrupt. https://twitter.com/CoverDrive12/status/1675570766253834240 Yet every figure out of China shows that demand for Tesla is dropping like a …
by Dismal-Jellyfish Source: Memorandum from the Division of Economic and Risk Analysis My understanding is figures 9 and 10 outline the daily market participants’ gross positions in securities exceeding 7% and 10% of the security’s market capitalization. On average, 65 participants exceed the 7% threshold daily, and 46 exceed the 10% threshold. The highest recorded numbers …
49% of those earnings more than six figures have reported living paycheck to paycheck, a jump from last year’s 42%, per CNBC. — unusual_whales (@unusual_whales) June 1, 2023