Independent thinking for complex markets and current events
China’s latest inflation figures signal ongoing economic challenges, with consumer prices barely positive and producer prices continuing to decline. The consecutive drop in GDP deflator for three years raises concerns about the economy’s trajectory, while central bank purchases drive a rally in gold prices. China #PPI #Deflationary 📉 💀https://t.co/iJ1xH9UGNO — Invariant Perspective (@InvariantPersp1) April 11, …
I am starting to be ashamed of being Canadian. This is insanity. I would normally place my name but with the thought police out in force one has to be careful. Court to decide if Ontario must pay for surgery to make vagina if patient also want to keep penis “A non-binary Ontario resident is …
"Right from the get-go, the report warns that whatever Canada’s current situation, it 'will deteriorate further in the next 5 years" My friend once predicted that people will start getting robbed in the parking lots of grocery stores… I think about that prediction a lot…😬 pic.twitter.com/7EugH9snzb — Kat Kanada (@KatKanada_TM) March 20, 2024 A secret …
In China Adidas expects a stronger recovery, with sales growing at a double-digit rate after an 8% increase in 2023. Read more: https://t.co/Uhbm4Profe — unusual_whales (@unusual_whales) March 15, 2024 Go woke, go broke. Shareholder lawsuits willl follow. — Elon Musk (@elonmusk) March 15, 2024 I wonder what happened pic.twitter.com/mjDBYenJ4G — Natalia Soria (@natysoria) March 15, …
These protests are rapidly expanding and a national day of protest in planned for January 8, 2024. Many of the working class are expected to join in. Yet, Germany’s Socialist-Green government, led by Olaf Scholz, continues to stick to its plans to drastically increase the carbon price, beginning in January, and thus make life for …
Interest rate futures indicate expected rate cuts from March 2024, with a growing chance of cuts starting in January. Three weeks ago, markets anticipated an additional rate hike and cuts in June 2024; now, there’s a 2% chance of an extra hike and five expected rate cuts in 2024. Despite these market shifts, Fed Chair …
In an unprecedented development, the Federal Reserve’s urgent crisis escalates as its decade-long bond-buying spree, valued at $7.7 trillion, reveals a shocking loss, with unrealized losses on the balance sheet surpassing $1.3 trillion for the first time ever. The amortized cost now stands at 20.4% more than the mark-to-market price, presenting an alarming financial discrepancy. …
JPMorgan’s CEO Criticizes Central Banks for ‘Dead Wrong’ Forecasts Jamie Dimon of JPMorgan lambasted central banks for their glaring past forecasting errors, casting doubt on their ability to navigate the looming economic uncertainties. He drew a grim parallel between today’s economic situation and the wasteful 1970s, while dismissing the potential impact of rate …
🇯🇵 But the government's room for manouevre is limited as Japan has the industrial world's heaviest debt, and a supplementary budget of that size would make it even harder to meet a target to balance the primary budget, excluding new bond sales and debt servicing costs, by fiscal… https://t.co/MkCeWJ8KGL — PiQ (@PiQSuite) October 17, 2023 …
Bowman calls out she is in the rates higher for longer camp while leaving room to continue raising rates. She calls out the PCE index rising but fails to mention that it was being undercounted previously and is actually HIGHER going back the last two years and registered at 3.5% in August, still WELL above the 2% …
by Qplus17 Britain is working on a new law where people can get 1 year in prison if they don't meet Net Zero goals and reduce their energy consumption. Remember when I warned that climate lockdowns would be coming? — PeterSweden (@PeterSweden7) September 12, 2023
The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt. pic.twitter.com/xU9iQN2f5f — MapleMAGA 🇨🇦🇺🇸 (@MapleMAGAw5) August 8, 2023 US Total Household Debt Hits an All-Time High of $17 Trillion; Credit Card Debt Also Sets New Record …
Perfect for who? Oh wait I know 👇 pic.twitter.com/pwSqCLIvL5 — Mr. D (@Dalernaz) August 1, 2023 Good Morning Everyone! Fitch just gave the U.S. a credit rating haircut – from AAA to AA+! They point to “expected fiscal deterioration over the next three years”. They also highlight the rising government deficit, which it anticipates “will …
by Dismal-Jellyfish Table 1 (PDF) | Table 2 (PDF) | Charts (PDF) Wut Mean?: Commercial and Industrial (C&I) Lending: Banks tightened standards for C&I loans to businesses of all sizes. All loan terms for C&I loans, like rate spreads, premiums on riskier loans, credit line costs, and many others, were tightened. Both large and other banks tightened C&I lending …
Gas prices in the US have surged to an eight-month high after foreign suppliers slashed production, and experts are warning that a hurricane in the Gulf of Mexico could trigger further increases. On Friday the national average price of regular gasoline stood at $3.73-a-gallon, a sharp increase from $3.55 one month ago, though still well …
“If federal censorship is not stood up to aggressively, it will expand to every corner of online discourse.” NEW: @Kat_Cammack Asks About Govt Censorship: Wait Till You Hear @RobertKennedyJr’s Response SAUER: “If federal censorship is not stood up to aggressively, it will expand to every corner of online discourse.” MORRIS: “I can’t even believe this …
(The National Pulse) The European Union (EU) is preparing to dedicate up to €20 billion ($22.4 billion) over the next four years to ensure Ukraine’s military remains stocked amid growing concerns from Western nations, including the United States and the United Kingdom, over their increasingly depleting munitions reserves. The military fund will become “part of …
by Martin Armstrong The Department of Defense (DoD) drastically changed its budget plan. The left is constantly complaining about how America spends too much on defense, and the White House originally decided that there would be around a 2% increase in the budget for 2024, which is average. Now, the Department of Defense is planning …
Inside the negative equity timebomb: US homeowners lost $108.4 BILLION in equity this year – leaving more than 200,000 at risk of going ‘underwater’ if property prices fall another 5% Homeowners are sitting on a negative equity timebomb after losing $108.4 billion on their property values this year, experts say. The average borrower saw their …
by Dismal-Jellyfish Source: https://www.sec.gov/news/speech/gensler-prepared-remarks-iac-06222023 Highlights: The use of predictive data analytics, however, also can lead to potential conflicts. Conflicts may arise to the extent that advisers or brokers are optimizing for their own interests as well as others. I have asked the staff to make recommendations to the Commission for potential rulemaking on these matters, …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/testimony/powell20230621a.htm Highlights: We at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the American people. My colleagues and I understand the hardship that high inflation is causing, and we remain strongly committed to bringing inflation back down to our 2 percent goal. The U.S. …
by BoatSurfer600 Source: Zen Second Life
“Economists polled by Reuters expect another move of the same magnitude in July before the ECB pauses for the rest of 2023. ECB President Christine Lagarde is nevertheless expected to keep a further hike in September in play during her press conference on Thursday, and to push back against traders’ bets that the central bank …
Trump Pleads Not Guilty, No Further Conditions Imposed, No Travel Restrictions, No Cash Bond Imposed (VIDEO) President Trump has pleaded “not guilty” to Joe Biden’s political witch hunt and assault against America’s President over the “documents hoax.” President Trump was indicted on 37 counts last week in Special Counsel Jack Smith’s classified documents case: 31 …
