finally
Looks like the FED is finally taking a chill pill
via reuters: “A slump in U.S. bond yields, after another Federal Reserve official signaled that the central bank’s interest rate-hiking cycle is over, will put Asian markets on a positive footing on Wednesday, despite renewed stress in China’s property sector. Investors in the region also have key Japanese business activity indicators and South Korean current …
Bond volatility has significantly increased, with the only comparable time being just before the GFC. Yet SPY short interest and VIX is near historic lows; will they finally catch up?
Bond volatility has recently diverged from equity volatility. The only comparable time to this was just before the GFC. Bond volatility recently increased significantly; I wonder if the $VIX will finally catch up. pic.twitter.com/rU8F1jmANM — Swordfish (@Swordfishv44183) October 8, 2023 $SPY short interest is near historic lows. Have bears finally capitulated? pic.twitter.com/oBNs190hlO — Swordfish (@Swordfishv44183) …
Rubino: Finally, The Housing Crash
via JOHN RUBINO: Spiking interest rates are normally a death knell for homebuilders, for obvious reasons. Higher mortgage rates raise monthly payments, which crash house prices, which make existing houses cheaper than newly built ones, which causes demand for new houses to shrink, which causes homebuilders to lay off their workers and sell their spec …
10 Signs China’s Economic Collapse Has Finally Begun
https://www.youtube.com/watch?v=XBgea3Mj4MU China’s economic structure is getting increasingly unsustainable. Several indicators show that the world’s second-largest economy is standing on very shaky ground right now. A major meltdown is already in motion after the collapse of the country’s second-largest property developer Evergrande, whose shares collapsed by 80% on Monday. But Evergrande’s bankruptcy is just one aspect …
Novak Djokovic has FINALLY been let into the United States. A true hero!
Novak Djokovic has FINALLY been let into the United States. Pure blood! A huge Cincinnati crowd gathered to watch him practice. The greatest tennis player alive, Djokovic refused to get the vaccine and it cost him Grand Slams and money – a true hero! pic.twitter.com/D6csKOPDrQ — Died Suddenly (@DiedSuddenly_) August 14, 2023 h/t A Deplorable …
After More Than Three Years, New Zealand Finally Lifts All COVID-19 Restrictions
‘WELLINGTON, New Zealand — New Zealand on Monday removed the last of its remaining COVID-19 restrictions, marking the end of a government response to the pandemic that was watched closely around the world. Prime Minister Chris Hipkins said the requirement to wear masks in hospitals and other healthcare facilities would end at midnight, as would …
Idaho School District Sued for First Amendment Violations – Some are FINALLY fighting back
We need much, much more of this. Everywhere the cancer lies. LAWSUIT: Kellogg Bus Driver Sues School For Civil Rights Violations After Being Fired For Attending Graduation Protest (Kellogg, Idaho) — After banning a student from graduation for saying “guys are guys, girls are girls, there is no in between,” a bus driver named Dakota …
It finally happened!! No more calls about your car’s extended warranty…
They got them… The Federal Communications Commission issued a $300 million fine – it’s largest ever – against a robocall operation offering extended vehicle warranties. The FCC earlier had devised a plan with cell phone companies to block five billion of the unwanted calls, according to FCC Chairwoman Jessica Rosenworcel. It helped decrease the number …
Democrats finally admit that Joe Biden has dementia, even since he was VP. Remember when they insisted it was a “stutter”?
by EuphoricTrilby Source: https://twitter.com/kylenabecker/status/1686213423749619712?s=46&t=T37mFTn9E_HUaxN1rB76Hw
Tapped-out consumers are finally balking at overpaying for used cars and more than half of auto dealer credit applications for buyers are being denied
The consumer is showing signs of weakening: pic.twitter.com/lQrIAfC7CO — QE Infinity (@StealthQE4) July 30, 2023 JayPo said financial conditions tightening last week referring to this Credit is undoubtedly tightening as auto loan rejections hit highs and credit profile of borrowers deteriorate. Further tightening expected when student loan moratorium ends and excess savings dry up. https://t.co/Fgfujr4V6d …
DEI is systemic racism in its purest form and big companies are finally getting rid of it
DEI is systemic racism in its purest form and big companies are finally getting rid of it Netflix, Disney and WB have recently fired DEI execs and headhunters say demand for these senior roles is lowest in 30 years Here’s why – after SCOTUS abolished affirmative action in… pic.twitter.com/07MpaHb2bk — DC_Draino (@DC_Draino) July 21, 2023 …
Finally Time to Short the Homebuilders Because It Doesn’t Get Any Better
via Mike Shedlock Everything has gone right for homebuilders for a long time. How much better can things get? $SPHB S&P 500 Homebuilder Index courtesy of StockCharts.Com, annotations by Mish What Went Right? A hyperactive Fed with extremely loose monetary policy and repetitive rounds of QE until it finally ended on March 9th, 2022 the …
Core Inflation Cools To 4.8% In June >2x Target, REAL Wage Growth Finally Goes Positive (1.2% YoY) While RENT Inflation Still Roaring At 8% YoY (Taylor Rule Now Implies A Fed Target Rate Of 10.42%)
by confoundedinterest17 As M2 Money growth has stalled, we are seeing inflation cool a bit. Core inflation YoY is now down to 4.8% (still >2x Fed target). The good news? REAL average hourly earnings YoY is finally positive for the second time under Bidenomics. It is now 1.2% YoY. Too bad rent CPI, typically the …
FINALLY: Democrat, Republican team to limit Chinese purchase of U.S. farmland
via NBCNEWS: A bipartisan pair of senators hopes to limit China’s ability to purchase farmland in the U.S. and force the U.S. government to consider stripping some Chinese and foreign landowners of their real estate. In a statement, Sens. Joni Ernst, R-Iowa, and Debbie Stabenow, D-Mich., said they “are taking action as a response to …
Is the AI bubble finally at its peak? Company raises $113 million without any product.
via fortune: A.I. has fast become the business buzzword of the moment, with major players like Amazon, Google, and Microsoft investing billions as they race to develop the hottest artificial intelligence technology. For one European company, the A.I. hype helped its founders raise a record 105 million euros ($113.5 million) in its seed round this …
Is the Sovereign Debt Crisis Finally About to Hit?
By Graham Summers, MBA Trouble is brewing in the U.K. again. Back in September 2022, which now seems so long ago, the global financial system nearly entered a debt crisis. The first country to “get to the brink” was the United Kingdom or U.K. At that time, the U.K.’s new government, led by Prime Minster Liz Truss, …
It Finally Happened: Donald Trump Arrested, Faces 400 Years in Jail
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 …
Harris Faulkner finally SNAPS…
Harris Faulkner finally SNAPS: "We are in a spiritual fight…the Devil has gotten into some people…. Know this: I AM A WOMAN and my pronouns are U-S-A"🇺🇸 https://t.co/cDwFLxOyZ5 — Benny Johnson (@bennyjohnson) June 6, 2023 "One day, somebody is going to shoot you in the head." At the @dallasprideorg event on June 3, a group …