Independent thinking for complex markets and current events
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 TSLA bear”. pic.twitter.com/emfKds5V9b — Gordon Johnson (@GordonJohnson19) January 4, 2025 You want to sell when …
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 Reagan This week, Your News to Know covers: UBS gold will hit $3,000 next year …
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 in 4 years. pic.twitter.com/V0BrIOnFzo — Win Smart, CFA (@WinfieldSmart) October 30, 2024 Sources U.S. Bureau …
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, 2024 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the …
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 GDP nowcast fell from 2.9 percent on Wednesday to 2.4 percent on Thursday based on …
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 some. https://t.co/Hk3pbO7x8H pic.twitter.com/dhbX8hapss — Mike's Weather Page (@tropicalupdate) August 4, 2024 …DEBBY STRENGTHENING OVER THE …
…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 Aug 03 2024 The tropical cyclone has become better organized since the last advisory, with …
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 that the hurricane could skim Texas at the weekend. Parts of the Lone Star State …
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% if you exclude inventories). Frosty! pic.twitter.com/USTdO1oQIc — Peter Berezin (@PeterBerezinBCA) June 5, 2024
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, vs. $2.38 per share expected Revenue: $9.13 billion, vs. $9.17 billion expected Salesforce called for …
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 May 25 2024 Valid 251200Z – 261200Z https://www.spc.noaa.gov/products/outlook/day1otlk.html …THERE IS A MODERATE RISK OF SEVERE …
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 June 1, calling for a more active than normal season — thanks in large part …
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 wind gusts reaching 35 mph. It added that snow rates could exceed one inch per …
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 5, 2024 https://www.youtube.com/watch?v=_tTNyxeBOys h/t DOORBERT
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 Bangladesh 6.8% 5 Ethiopia 6.7% 6 Niger 6.7% 7 Uganda 6.6% 8 India 6.5% 9 …
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 flats have been scrapped. Commissioner of Inland Revenue Tam Tai-pang said on Thursday he expected …
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 months at the helm of Latin America’s third-largest economy, the self-described anarcho-capitalist is already facing …
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 analysts as “monks praying to money” for avoiding mainstream financial system critique. https://archive.is/txNeV#selection-449.0-479.162
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 east central and southeast Alabama much of central Georgia and South Carolina into southern North …
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 us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) December …
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 by the weekend into next week. pic.twitter.com/ItGqyeubII — Hurricane Man (@HurricaneManWx) December 11, 2023 SPC …
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 in underlying bilateral trade could trigger a “new Cold War” given the conflict in Ukraine …
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 growth exacerbated by challenges within the German legal system. DB’s explanation for the downward adjustment …
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. This suggests that inflationary pressures may be starting to build in the economy and could …
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, 2023 The psyops are in full swing. Your emotions are being manipulated in order to …
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. The AUD is once again swooning towards new lows. In truth, the currency has been …
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 center will be over much cooler water & weakening, a slower moving hurricane/tropical storm can …