Independent thinking for complex markets and current events
You KNEW this was going to happen…. Despite all of the frantic propaganda saying otherwise. The closer we get to the start of the U.S. Presidential Campaign Season, the desperation to freeze the conflict is growing, and nothing to show for it on the battlefield. The Democrats have to freeze this conflict before that taxpayers …
Sometimes – you don't have to be great – you just gotta be average… pic.twitter.com/H2vpjXzWZJ — Don Johnson (@DonMiami3) August 15, 2023 Biden called and he wants his 1980 Senate seat back pic.twitter.com/cbPod1B6ip — Don Johnson (@DonMiami3) August 15, 2023 Nice chart Eric👍 Also, employment growth is always positive in the first 8 months of …
Bankruptcies by sector are even more concerning Consumer discretionary leads with 48 bankruptcies, a sign that consumers are feeling the pain. Industrials is next, at 46, another sign of pain from higher rates. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/zBQBeElwpK — The Kobeissi Letter (@KobeissiLetter) August 15, 2023
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 …
The Fed has been clear that 2% is their inflation target. Now, we have inflation rising again and hovering near the 3% mark. Will the Fed raise their inflation target or will they finally get it under control? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 10, …
Americans are increasingly turning to their credit cards to cover everyday expenses, with debt surpassing $1 trillion for the first time at the end of June, according to a New York Federal Reserve report published Tuesday. In the three-month period from April to June, total credit card debt surged to $1.03 trillion, an increase of …
https://t.co/PdGrwxyHOu — Stephen Miller (@StephenM) August 8, 2023
The woman bitten by a shark while swimming alone at Rockaway Beach is believed to have lost “approximately 20 pounds of flesh” in the rare attack — believed to be the waterfront’s first since 1953, sources told The Post on Tuesday. Tatyana Koltunyuk, 65, was attacked off the shore near Beach 59th Street shortly before 6 p.m. Monday …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2023Q2 https://www.newyorkfed.org/microeconomics/hhdc.html Wut mean?: Credit Card Balances: A notable increase of $45 billion to a record $1.03 trillion, along with a rise in credit card account limits to $4.6 trillion. Mortgages: Balances remained steady at $12.01 trillion. Mortgage originations, including refinances, were at $393 billion, up by $70 billion from Q1. Auto Loans: Increased by $20 …
The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes “If sustained, a broader spending pullback could threaten the expansion” Yes, obviously (credit card debt …
“Zoom has told its employees to return to the office for the first time since the video communications tool saw a boom during the remote work revolution of the coronavirus pandemic. The tech company is now requesting all employees within 50 miles of a company office to return for in-person work at least two days …
via discernreport: Despite significant selling by Turkey that slowed net central bank gold buying in the second quarter, central banks added a record amount of gold to their reserves through the first half of 2023. Net central bank gold purchases totaled 387 tons through the first half of the year, according to data compiled by …
An enormous vehicle carrier that caught fire at sea earlier this week appears to have far more electric vehicles on board than first suggested. This ship, christened the Fremantle Highway, was first reported aflame off the Dutch coast a couple of days ago. Initial information hinted there were at least 25 EVs on its …
Seven Republican presidential candidates appear to have qualified for the first debate in four weeks while others are still working to clear the thresholds set by the party. Among those on the outside looking in is former Vice President Mike Pence. What You Need To Know Seven Republican presidential candidates appear to have qualified for …
European core inflation has exceeded headline inflation for the first time in more than two years. https://t.co/oNoAGYzLD8 pic.twitter.com/MMHjcdvsmd — Lisa Abramowicz (@lisaabramowicz1) July 31, 2023
It's not a conspiracy anymore… London train station launches world's first facial recognition security gates The first ever biometric corridor for train travel opened today in London's Eurostar terminal. The system replaces border checks with a face verification checkpoint that… pic.twitter.com/qMkZulX4U1 — 🌐geopolitics in the picture (@geogeolite) July 30, 2023 Your face could be your …
When will the first brave Democrat step forward to condemn this violation of the First Amendment? https://t.co/3hOKHdRTJT — Rand Paul (@RandPaul) July 28, 2023 WASHINGTON—Facebook removed content related to Covid-19 in response to pressure from the Biden administration, including posts claiming the virus was man-made, according to internal company communications viewed by The Wall Street …
https://twitter.com/_/status/1684277753195946004 Could it be related to this: Here is another interesting thing… look at the date.Question: why do chefs close to (former) White House residents have a short life span and end up in mysterious deaths? pic.twitter.com/y0NXvB4Psn — C.P.E. van Beilen (@LogiForce) July 26, 2023 Did he see something he should not have? https://twitter.com/_/status/1684249471583162369 https://twitter.com/_/status/1684231512072376322 …
OOPS! #Eurozone M2 money growth turned NEGATIVE for the first time in Eurozone history, in a promising sign for #inflation. M2 growth revised to -0.1% in May from initially +0.3%, and falls deeper into negative territory in June to -0.5%. pic.twitter.com/DSvBFl0Jz4 — Holger Zschaepitz (@Schuldensuehner) July 26, 2023 As the Global Economy Falters, European …
WASHINGTON, D.C. – Today, America First Legal (AFL) filed a lawsuit against the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ) to compel the release of Secretary Alejandro Mayorkas’s FBI background investigation documents under the Freedom of Information Act (FOIA). Secretary Mayorkas’s abysmal performance has led to the introduction of several impeachment …
https://www.youtube.com/watch?v=npaQjeLxrlU
The yuan was used in 49% of China's cross-border transactions last quarter, topping the dollar for the first time This is huge news Many continue to be in denial The worlds second-largest economy has the dollar in its cross hairs and is stockpiling gold Enjoy the wild ride — Gold Telegraph ⚡ (@GoldTelegraph_) July 25, …
With the YTD rally, the $SPX has decoupled from the global liquidity proxy for the first time since pre-2020. pic.twitter.com/bVzH3QxeuN — David Marlin (@Marlin_Capital) July 19, 2023 Bulls think it's March 2020 all over again. The shock will be extreme. pic.twitter.com/MoYrThQTb6 — Mac10 (@SuburbanDrone) July 19, 2023 "Load up" pic.twitter.com/usGHEu6hKJ — Mac10 (@SuburbanDrone) July 19, …
by confoundedinterest17 Shot through the heart (of the economy), and they’re to blame. The Fed and Congress give government a bad name. When I see the faces of Alan Greenspan, Ben Bernanke, Janet Yellen and Jerome Powell, all I think of is …. the Minsky Moment brigade! From Zero debt in 1776 to $21 trillion in …
markets / auctions are great at getting people to tell (their version of) the truth a game theorist might call it the 'revelation principle' aka games where players are directly paid to reveal their private information (their truth)https://t.co/yBD1tvQXnf pic.twitter.com/JxY4FvHWiE — Professor Campbell (@abcampbell) July 18, 2023
via businessinsider: The Innovator Equity Defined Protection ETF, the first exchange traded fund aiming to provide 100% downside protection, launched on Tuesday. Innovator Capital Management said it will cap the upside return of the SPDR S&P 500 ETF Trust (SPY) at 16.62% prior to fees, while offering a 100% buffer prior to fees against SPY …
I still haven’t seen Trump at the event or being interviewed. Uncensored (NOW FREE) patriot Tucker is a sign to behold. Tucker: "Every city in America has become worse over the past few years… Your concern is that Ukraine doesn't have enough tanks… Where's the concern for America in that?" Pence: "That's not my concern." …
Blistering temperatures reached unheard-of northerly latitudes in Canada over the weekend amid dangerously hot and dry conditions, lightning storms and new blazes that intensified the country’s historically severe fire season. The temperature soared as high as 100 degrees in the Northwest Territories on Saturday, the hottest temperature ever measured north of 65 degrees latitude in …
AMC refunded an entire theater of tickets to Sound of Freedom due to lack of AC. This lady showed up an anyway and wants answers. "There was air conditioning in the lobby, in the hallway, in the bathrooms. Not the theaters? I smell something stinky."https://t.co/tvFGIIaDJX — Citizen Free Press (@CitizenFreePres) July 8, 2023 So, slapping …