Spending slows down, layoffs speed up. Bonds are setting up the ultimate catch-up trade. All the hard data that feeds bonds is looking great (oil prices, housing data, growth data).

And now, it is showing up in the hard data. Credit card transactions began falling in a highly unseasonal manner in the last week of April. Spending slows down, layoffs speed up. It’s just that simple. pic.twitter.com/I7zBVDie5u — Spencer Hakimian (@SpencerHakimian) May 5, 2025 Bonds are setting up the ultimate …

READ MORE

S&P earnings surge expected but recession risk looms large. Wall Street bets on 26 percent growth through next year. Risk Reward doesnt look great.

S&P 500 earnings are expected to grow 11% this quarter and another 26% next year. We better hope there’s no recession, because if there is, a sharp downgrade in earnings estimates could be a real drag on the market, in my view. pic.twitter.com/gDXHwh4KDC — Otavio (Tavi) Costa (@TaviCosta) April 28, 2025 …

READ MORE

S&P 500 at the Great Liberation Day Divide. Bank Of America’s Hartnett – Sell U.S. stock rallies and buy the dip on everything else.

S&P 500 at the Great Liberation Day Divide pic.twitter.com/mhRfSFfXyt — Michael J. Kramer (@MichaelMOTTCM) April 25, 2025 Bank Of America’s Hartnett – Sell U.S. stock rallies and buy the dip on everything else. — TT3 (@TradingThomas3) April 25, 2025 Technicians are pointing to a rare technical indicator called the "Zweig …

READ MORE

Norway’s Sovereign Wealth Fund Reports Tech-Driven Loss – See’s Great Long Term Success in American Companies

https://www.bloomberg.com/news/videos/2025-04-24/norway-s-sovereign-wealth-fund-reports-tech-driven-loss-video https://www.bloomberg.com/news/articles/2025-04-24/norway-1-7-trillion-wealth-fund-reports-tech-stock-driven-loss?embedded-checkout=true World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. “The …

READ MORE

Trump’s Plan to Make Manufacturing Great Again in Pictures

by Mike Shedlock The share of manufacturing employment keeps declining. What role did NAFTA play? Contrary to popular myth, neither NAFTA nor China entering the WTO impacted long-term trends in manufacturing employment in place since 1953. Services vs Manufacturing Automation Irony Commerce Secretary Howard Lutnick said on CBS News that …

READ MORE

Today could be the 3rd straight day where the S&P 500 falls more than -4% This only happened during the Great Depression

WHY IS EVERYTHING CRASHING??!! 😭 pic.twitter.com/rdwWx8r4e0 — SlumDOGE Millionaire (@ProTheDoge) April 6, 2025 Good god NQ opening down 5.4% and ES down 4.7% The black Monday boys might get their wish pic.twitter.com/7ADZH8tK5A — Robert (infra 🏛️⌛️) (@infraa_) April 6, 2025 TECH STOCKS IN OVERNIGHT TRADING: 1. Robinhood, $HOOD: -17%2. AppLovin, …

READ MORE

Milton Friedman: The Great Depression was Caused by the Federal Reserve Not Tariffs

https://twitter.com/DefiyantlyFree/status/1908567682682675322 Milton Friedman, one of the most influential economists of the 20th century, believed that the Great Depression wasn’t caused by tariffs, stock market crashes, or any external force. It was caused by the Federal Reserve’s disastrous failure to manage the money supply. In fact, Friedman’s perspective on the origins …

READ MORE

Roaring 20s or Great Depression 2.0?

Authored by Charles Hugh-Smith via oftwominds, The binary ahead is the result of a simple law of Nature: adapt or die. Will we revel in a New Roaring 20s of exhilarating expansion, or will we suffer a Great Depression 2.0? Gordon Long and I explore this binary in our latest podcast. Why is the …

READ MORE

The great “Strategic Crypto Reserve” hoax

by cbusoh66 First, the highly-suspicious, half-assed post on Truth Social that he, or whoever wrote that post had to amend because they forgot to include BTC and ETH. A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my …

READ MORE

Trump’s tariffs on Mexico and Canada mark the first step; China and others to follow. The last big trade war was in 1930 at the start of the Great Depression.

The last significant trade conflict between the U.S. and Canada was indeed during the Great Depression in the 1930s. The Smoot-Hawley Tariff Act of 1930 led to increased tariffs on thousands of imported goods, which resulted in retaliatory tariffs from Canada and other countries, exacerbating the economic downturn. The last …

READ MORE

Things are going great for Melania coin… heading to zero… First time in 11 weeks that MicroStrategy did not announce a Bitcoin purchase.

And here's Trump coin. It's sitting just above its $36 support. If that gives way, it's lights out. pic.twitter.com/uPRPzCEefG — Jesse Colombo (@TheBubbleBubble) January 20, 2025 THE PASTOR THAT SANG AT THE INAUGURATION IS NOW SHILLING HIS OWN MEMECOIN 😭😭😭 https://t.co/vBCPiKr4RY —  Q-Cap  (@qcapital2020) January 20, 2025 Heading …

READ MORE