A hub for independent voices and hard truths
2/2 But the stock is being legally manipulated via weekly call option buying daily, so the “stock price bros” can ignore all that (for now). But that won’t last as the real biz crumbles. 2025E is the “year of the …
Recent forecasts predict a resurgence in inflation – and many believe the Fed is considering a higher-for-longer rate of inflation as the “new normal.” That’s just one reason analysts are anticipating gold will hit $3,000 in the months ahead… By Peter …
I work for an oil and fuel distributor and things have been slowing down rapidly with all industries we serve — Oliver Cromwell (@__Wait_for_it_) October 30, 2024 BREAKING: US layoffs jumped by 160,000 in September, to 1.83 million, the second-highest …
by Mike Shedlock The third quarter is nearly over, but there is still a month of data before the next GDP report. GDPNow data from the Atlanta Fed, chart by Mish The GDPNow Latest Estimate is 3.1 percent as of September 27, …
by Mike Shedlock A slew of economic reports on Thursday plus a residential construction disaster on Friday caused a huge decline in the GDPNow estimate. Details below. GDPNow data from the Atlanta Fed, chart by Mish Two-Day Summation The base …
Flooding likely a big story from Debby. Slowdown will cause tremendous rain totals. Rain training off the Atlantic and even the Gulf will be possible. Rivers then will be filled with bigger problems. Latest outlook here showing 20" plus for …
…DEPRESSION BECOMES TROPICAL STORM DEBBY OVER THE SOUTHEASTERN GULF OF MEXICO… …HURRICANE WARNINGS ISSUED FOR PORTIONS OF THE GULF COAST OF FLORIDA… https://www.nhc.noaa.gov/ Tropical Storm Debby Discussion Number 6 NWS National Hurricane Center Miami FL AL042024 500 PM EDT Sat …
Hurricane Beryl is predicted to rip through six US states, according to one terrifying model. The ferocious category five storm already left six people dead and caused significant damage after 165mph winds battered parts of the Caribbean. Previous modelling suggested …
Job openings are collapsing; the Bloomberg, Citi, and GS economic surprises indices are all below zero; and the Atlanta Fed GDPNow model has cut its Q2 GDP growth estimate from over 4% in mid-May to 1.8% now (and only 1.3% …
Salesforce shares plummeted 16% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations. Here’s how the company did, compared with the LSEG consensus: Earnings: $2.44 per share, adjusted, …
1:00am CDT #SPC Day1 Outlook Moderate Risk: in parts of Kansas/Oklahoma and far southwest Missouri https://t.co/TgJgC6cQZw pic.twitter.com/nmoaPspnAM — NWS Storm Prediction Center (@NWSSPC) May 25, 2024 Day 1 Convective Outlook NWS Storm Prediction Center Norman OK 1258 AM CDT Sat …
How bad could the upcoming hurricane season be? Maybe one of the busiest ever, at least judging by a new key preseason forecast. The National Oceanic and Atmospheric Administration on Thursday released its forecast for the 2024 season, which starts …
Awinter storm warning has been issued for parts of Montana and Wyoming with heavy snow and high winds expected. The National Weather Service (NWS) said that snow accumulations between 1 and 2 feet could be seen in Absaroka/Beartooth Mountains, with …
This is going to be a nasty one. Get your preps ready peeps. Stay tuned. https://www.spc.noaa.gov/products/outlook/day2otlk.html 1:02am CDT #SPC Day2 Outlook Moderate Risk: across parts of western/central Oklahoma and south-central Kansas https://t.co/Y1WiOd8TQQ pic.twitter.com/jgsNxOwEB7 — NWS Storm Prediction Center (@NWSSPC) May …
Top 10 Emerging Markets Here are the fastest-growing emerging economies, based on real GDP compound annual growth rate (CAGR) forecasts over the period of 2024-2029: Rank Country Projected CAGR (2024-2029) 1 Guyana 19.8% 2 Mozambique 7.9% 3 Rwanda 7.2% 4 …
Hong Kong’s tax revenue fell by HK$18.2 billion (US$2.3 billion) to HK$342 billion in the last financial year amid a slump in the stock and property markets, but authorities have said income is set to rebound as curbs on buying …
South Korean GDP growth is forecast to slowdown even further… pic.twitter.com/oNUDjXsN0F — Longview Economics (@Lvieweconomics) April 22, 2024
(Bloomberg) — The International Monetary Fund revised down its growth estimate for Argentina, forecasting South America’s second-largest economy will shrink for two consecutive years as President Javier Milei pushes for a “significant policy adjustment.” https://finance.yahoo.com/news/imf-sharply-cuts-argentina-growth-130000884.html?fr=yhssrp_catchall But after less than two …
Richard X. Bove, the outspoken financial analyst, retired last week but quickly returned, sharing a grim outlook on the U.S. economy. Bove predicts the end of the dollar as the world’s reserve currency, foreseeing China’s economic dominance. He criticizes fellow …
https://twitter.com/_/status/1748413024967254463
Currently GFS has a surface low bombing south of Long Island. Going from 992mb to 979mb in 6 hours. Insane. Long Island / Boston will be buried. Stay tuned for updates. h/t DOORBERT
Severe thunderstorms, with potential to produce high winds and a few strong tornadoes, are possible across parts of the Southeast Friday through Friday evening. https://www.spc.noaa.gov/products/outlook/day3otlk.html 2:27am CST #SPC Day3 Outlook Enhanced Risk: Friday afternoon into Friday evening across parts of …
Meanwhile, the Fed's latest guidance was that 3 rate cuts are coming in 2024. Markets are currently pricing-in 7 with a possibility of up to 9 interest rate cuts next year. 2024 is going to be a historic year. Follow …
Euro showing a system developing in the GOM, moving over FL and running up the coast. Looks massive WHOA😯…..12Z EURO….JUST INSIDE 7 DAYS…1MDL…1MDL RUN…. pic.twitter.com/cXXoIVbw60 — DaBuh (@DaDaBuh) December 11, 2023 12z Euro says we have something to watch for …
IMF warns that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a “new Cold War” The International Monetary Fund’s No. 2 official on Monday warned that fragmentation in the global economy and clear shifts …
Deutsche Bank (DB) has dealt a significant blow to Germany’s economic outlook, reducing its 2024 GDP forecast by a substantial 0.5 percentage points to -0.2%. The revision follows a budget crisis triggered by a Constitutional Court hearing, pointing to low …
by DesmondMilesDant The data released by the US Bureau of Economic Analysis on October 26th showed that real GDP growth in the third quarter was 4.9 percent, 0.5 percentage points below the final GDPNow model nowcast released on October 25th. …
When this occurs, oil prices will hit new highs, inflation will sharply rise, economies will dive into depression… and WW III will intensify and the Middle East Meltdown will swell into a Global Meltdown. — Gerald Celente (@geraldcelente) October 10, …
Economist and philosopher John Maynard Keynes is famous for saying that markets can stay irrational longer than you can stay solvent. As the Australian dollar (AUD) plunges, Aussie importers and international travellers must wonder if he was referring to them. …
We are now less than five days from a potential hurricane event and can start discussing possible details/outcomes. While Hurricane Lee, which is expected to slow down as it approaches the coast, may be seen as good news because the …