Independent thinking for complex markets and current events
Consumer sentiment hits all-time low… Borrowing costs reach 2007 highs… The “temporary” inflation trap explained… 61% of Americans said they had to cut back on groceries https://t.co/lv4IA7FhPJ — The Straits Times (@straits_times) May 23, 2026 The American housing market in 2026 locked an entire generation out of ownership and trapped an older one inside payments …
via notayesmanseconomics The weekend just gone has seen more leaks about the UK November Budget and we are seeing rather a change of tack. Chancellor Rachel Reeves is ratcheting up her plans for tax rises and spending cuts in next month’s Budget in order to create billions of pounds of extra fiscal “headroom” for the …
Unexpected expenses are the largest source of financial anxiety for Americans right now as people keep getting blindsided by large expenses they are not prepared for. This is why it’s crucial to always have an emergency fund and not be relying on debt. When you combine this with the tariffs, inflation, and the cost of …
President Trump has begun the process of rebalancing U.S. trade by imposing tariffs. Now, we’ve discussed the long-term goals and the long-term benefits we may see. Here’s why a higher cost of living is a small price to pay… By Peter Reagan One of the primary reasons that Donald Trump gave during the 2024 presidential …
As of Nov. 21, the U.S. national debt broke $36 trillion. It took over 200 years to hit $1 trillion – then just 40 years to shatter $36 trillion. That’s much more than just a massive number. It’s an obligation – and it matters even more than you might think… By Peter Reagan The national debt …
CHERRY HILL, N.J., July 30, 2024–(BUSINESS WIRE)–TD Bank, America’s Most Convenient Bank® today announced the findings of its annual 2024 Consumer Spending Index, revealing that half (50%) of respondents say their spending has increased the most on groceries over the last year and more than half (58%) say they spend the most money on groceries …
Americans SLAM The Disastrous Biden Economy: "It's totally different than it was 4 years ago" "Everything is more expensive, and it's only getting worse" "We're always talking about finances; I think any married couple will tell you that" 🚨🚨🚨 pic.twitter.com/ygY2QIFExp — Wall Street Mav (@WallStreetMav) May 23, 2024 "It's getting harder and harder to be able to …
The Wall Street Journal reported today that the IRS has asked for 104 billion in their budget. The journal suggested rejecting it and demanding an audit instead. Commissioner Danny Werfel appeared before the House Appropriations Committee and dramatically warned that the IRS faces financial collapse with limited resources, which will be used up before the funding expires. It’s …
by Chris Black Who the hell does this guy think he is? Ron Paul? Is he even allowed to do interviews like this? What is going on? The Hill: Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a “60 Minutes” interview with Scott Pelley released Sunday.
SHOCK REPORT: Epstein Documents Mention Hillary Clinton; Lawyers for Virginia Roberts-Giuffre Imply CLINTON FOUNDATION MAY HAVE BANKROLLED Ghislaine Maxwell.. For the first time, Hillary Clinton's name has surfaced in legal documents associated with Jeffrey Epstein and Ghislaine… pic.twitter.com/iHoITBouuS — Chuck Callesto (@ChuckCallesto) January 6, 2024 🔥🚨BREAKING NEWS: Hillary Clinton has been named as a witness …
Bank of Japan’s paper loss on JGB holdings grows to record $71bn Higher rates could erode finances if central bank moves toward easing exit TOKYO — The Bank of Japan’s unrealized losses on its Japanese government bond holdings swelled to 10.5 trillion yen ($71.2 billion) at the end of September, according to financial statements released …
The skepticism towards government data, particularly from the Bureau of Labor Statistics, has reached a point where credibility is questioned. Does anyone seriously believe the government data from the Bureau of Labor Statistics anymore? Their credibility is worse than the CDC and the FDA. Soft landing … Cooling economy …. Meanwhile people are broke 🤡 …
This is called gaslighting. pic.twitter.com/LmyJatlxTH — STORM (stealer of memes)🇺🇸🍊 (@StealerStorm1) June 26, 2023 Biden spokeswoman Olivia Dalton: "The president's economic policies are incredibly popular!" pic.twitter.com/leM4PXBQ05 — RNC Research (@RNCResearch) June 27, 2023
by Simon Black On August 4, 1964, two US Navy destroyers were conducting intelligence patrols in the Gulf of Tonkin off the coast of Vietnam, when the task force commander grabbed the radio and reported that they were under attack by three North Vietnamese torpedo boats. The news traveled very quickly all the way to …