A hub for independent voices and hard truths
Disconnect between Fed 🏛 & S&P 500 pic.twitter.com/V4HEctJ1O8 — Win Smart, CFA (@WinfieldSmart) April 3, 2024 10 largest stocks trade at P/E of 26x vs. 47x at peak of DotCom pic.twitter.com/9K2BTuGSGm — Win Smart, CFA (@WinfieldSmart) April 3, 2024 A …
from Kerry Lutz’s Financial Survival Network
"I don't know a single person in Canada who's not struggling right now" "Everyone is on the brink of LOSING everything" "We're literally just working to scrape by to survive" "It's almost impossible to leave Canada because that's expensive" "There's …
This is a very good NYT article to read through the long weekend Personally speaking I think #Boeing risks are being greatly underestimated so far, let’s see how many more accidents are needed before these doomed planes are grounded for …
via Mike Shedlock The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Image composite by …
Bank of America, a major player in the financial world, has issued a troubling warning about the possibility of a severe financial crisis. They are concerned about the growing number of toxic assets, which they believe could severely damage the …
The future of AI-powered censorship is here, and the early returns are as error-filled and clumsily destructive as Google’s infamous Gemini rollout. On March 4th, Yves Smith — nom de plume for the editor of Naked Capitalism, a popular site containing economics …
2) Of course – prices are still high compared to pre-pandemic levels. With another 18% drop in builder sale prices needed to match the 2019 value level of $336,000 for a new house. Will we eventually get there? pic.twitter.com/xzUvh2Y7dk — …
Are you ready for a financial shake-up? According to experts like Tavi Costa and Howard Marks, the signs are pointing to a major shift in the investing world. With inflation on the rise and central banks pumping money into the …
The world is sitting on the edge of a precipice. It is a world which is highly leveraged. Global debt, for every $1 growth in GDP last year, required $3 of debt, and that doesn’t exclude America. In the fourth …
Just about everything I tweet that’s negative is backed by a source. News article or a retweet. Some people are pragmatic about life while others are eternal optimists. The pragmatics rarely take the bait. The optimists end up being the …
One of the biggest sources of demand for equities remains the companies themselves. Its the self reinforcing cycle of higher asset px -> higher sales -> better cash flows -> more buybacks -> higher asset px… pic.twitter.com/Ykm3XvLw1i — Bob Elliott …
Global Corporate Defaults hit highest level since the Global Financial Crisis pic.twitter.com/A676mRcBI7 — Win Smart, CFA (@WinfieldSmart) March 14, 2024 Meanwhile in US: WARNING: Credit card default rate for small lenders have just hit a new record of 7.8% These …
via naturalnews: President Joe Biden’s administration is firm in declaring that the year 2024 is the time for Americans to start breathing easy again when it comes to inflation that haunted households for a few years. After more than 20 …
“American billionaires are selling stocks by the boatload – sparking fears of an impending financial disaster. Jeff Bezos – the third-richest man behind Louis Vuitton’s Bernard Arnaut and Elon Musk – unloaded $8.5billion in Amazon shares this month alone. Mark …
FIRST ON FOX: A new report from the House Judiciary Committee and its Weaponization Subcommittee revealed that the federal government conducted “broad” and “unjustified” surveillance of Americans’ private financial data through financial institutions, while suggesting banks use information from anti-conservative …
#JustDarioDaily 🚨MORGAN STANLEY – BIG BALANCE SHEET LOSSES HIDDEN BEHIND EXOTIC DERIVATIVES CURTAINS (AGAIN)? 😳🚨 When you've spent enough time trading inside a bank and watching markets for hours a day sometimes you're able to spot if something suddenly starts …
Live with / villgecrazylady talking her research into Letitia James’ creative campaign spending.
The commercial real estate market is facing a dire situation, with reports suggesting a staggering loss of 50-60% of its value. This alarming depreciation, however, may just be the tip of the iceberg. As the industry grapples with this significant …
“The Fed has a mostly bullshit mandate to keep prices “stable.” What they know is the higher the inflation, the richer them and all their friends get with ZERO effort or success. So how do they accomplish this? 1. They …
The fusion of the stock market with the crypto market is now complete. Bitcoin is 90% correlated with Nvidia. It's a $4 trillion financial weapon of mass destruction. Sponsored by artificial intelligence. Which is now rampant. And also in computers. …
The Financial Times has launched a new venture arm to invest in high-growth media and tech companies, executives told Axios, and FT Ventures’ first investment is in Charter, a future-of-work media startup. Why it matters: The separate investment arm lets the FT explore strategic investments in smaller, …
China’s financial sector needs to focus on supporting the real economy and must refrain from “fake financial innovation”, state media has proclaimed amid a tightening of regulations as Beijing seeks to flex its financial might. In what is widely believed …
Hold on tight, because the global financial landscape might be on the brink of a seismic shift! Brace yourself for a wave of emerging market sovereign defaults – yes, a wave! We’re talking about countries deciding they’re just not that …
A financial advice columnist for New York Magazine admitted she was scammed out of $50,000 by a con man who claimed to be a CIA agent and ordered her to stuff a shoe box full of cash and hand it …
Capital One said it will buy Discover Financial Services DFS -0.21%decrease; red down pointing triangle for more than $35 billion, a deal that will marry two of the largest credit-card companies in the U.S. Under the terms of the all-stock …
https://www.oftwominds.com/blogfeb24/recession2-24.html The history of the past 40 years “proves” the Fed & Govt can effectively contain all recessions: all recessions since 1981-82 have been shallow and brief, basically a spot of bother that lasts one quarter. We’ve habituated to both …
