Independent thinking for complex markets and current events
Caravan has been broken down into smaller groups. They traveled 5 days in a roll and remained in Mapastepec, Chiapas, Mexico since December 28th. Leader has supposedly made deal with INM (Mexico Immigration) to get FMMs issued to them.https://t.co/3ZLYS2rYA1 — Mayra Flores (@MayraFlores4TX) January 3, 2024
The All-in Podcast has it’s black pill moment, while members like Chamath leave the democratic party; General Douglas MacArthur spills the beans year ago; and Warmonger Nikki Haley is picking up the slack.
https://twitter.com/WinfieldSmart/status/1736936139418661091 Chinese equities hit 5-year low as doubts grow about decades of stunning growth. Post-COVID recovery disappoints, challenging Beijing to choose between more debt or slower growth in 2024 and beyond. Contrary to expectations, consumers save, foreign investment declines, factories struggle, and property markets face instability, raising concerns about China’s growth model. Some economists draw …
The only political party in Germany that is fighting against the fake refugee invasion is AfD (Alternative for Deutschland). They are rapidly rising in German polls. In the last election they were the 5th largest party. They are now polling as the 2nd largest party. In some… https://t.co/quLGyWLHF7 — Wall Street Mav (@WallStreetMav) December 13, …
by confoundedinterest17 We are on a Highway To Hell! Massive Federal Budget deficits and staggering payments to Treasury from The Fed (losses on balance sheet) and $212 TRILLION in unfunded promises to the non-elites. Under Modern Monetary Theory (or print money without consequences), we are seeing trillion dollars budget deficits with no end in sight. Nothing …
UBS forecasts a 2024 gold upswing amid global uncertainties and central banks’ expected rate cuts. Advising a shift to high-quality stocks, UBS suggests moving from cash to quality bonds as rate cuts commence. Simultaneously, the Dutch Central Bank’s 612-tonne gold reserve underscores gold’s role in economic stability. This aligns with a broader European trend, potentially …
In a stunning move, President Biden has declared a national emergency and invoked Cold War-era wartime powers to restrict access to heating and cooling technology. Ali Zaidi, who serves as Biden's national climate advisor, said the president was "using his wartime emergency powers under the Defense Production Act to turbocharge U.S. manufacturing of clean technologies …
PayPal Holdings, Inc. is a great company and their stock price reflects that. They are a leader in the online payment space and have shown consistent growth over the years. Their revenue for the most recent quarter was impressive and I expect them to continue to perform well going forward. Disclaimer: This information is …
The clearest wave count. And the worst case for bulls. This portends panic before the end of the year. pic.twitter.com/Lvjh9hfIAN — Mac10 (@SuburbanDrone) November 14, 2023 "This time is different" pic.twitter.com/Wvm3oZO2Wb — Mac10 (@SuburbanDrone) November 14, 2023 Bulls, you gave it a good try, but you didn't make it to the end of the year …
The financial outlook in the United States is deeply concerning. The bottom 20% of workers are allocating a staggering 80% of their income to essential goods like food, highlighting the stark inequality. Even those earning $150,000 or more a year are living paycheck to paycheck, relying on credit cards to make ends meet. Excess savings, …
Many are realizing the US government manipulates economic data through various means, raising concerns about data authenticity. Others are catching on to the fact that the US government is faking economic data. There are thousands of economic PhDs and statisticians whose entire job is to massage the data so that it fits the narrative desired. …
The situation in the Middle East is becoming increasingly complex and sensitive. There are concerns about the escalating conflict in the region, and some experts, like Colonel McGregor, warn of potential consequences if the situation continues to escalate. State Department spokesperson Matt Miller said that “we take a number of factors into consideration when making …
The surge in US credit card debt, surpassing the significant $1 trillion threshold, is a cause for concern. This comes as the Federal Reserve has taken aggressive steps to raise interest rates, leading to credit card rates reaching an alarming 21.19%. US credit card debt is off the charts It has now crossed the $1 …
The US’s mountain of debt has become a cause of concern for investors this year. The government is likely to spend more on interest payments than on defense over the next five years, per Capital Group. The ballooning debt burden could eventually chip away at the demand for Treasury bonds, according to the investment manager. …
Canada’s housing market is causing alarm bells, and with more homes listed, many folks just aren’t buying. The Bank of Canada’s financial review highlights debt worries and younger homeowners taking a step back from the market. https://t.co/IqveoD5lGS Harsh new reality for homeowners as listings rise and buyer-pool shrinksIn its 2023 Financial System Review, The Bank …
https://t.co/QExVpGvRNS — Win Smart, CFA (@WinfieldSmart) October 6, 2023
Everyone’s waiting to discover the level at which yields spur financial instability. From @kitjuckes this morning: “For now, the FX market is a bystander, watching Treasuries and waiting for them to break something.” — Lisa Abramowicz (@lisaabramowicz1) October 3, 2023 via Bloomberg: The slide in Treasuries has been excessive given recent economic data and Federal …
With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 trillion in credit card debt, coupled with record-high interest rates of 25%, underscores the growing …
“The financial condition of balance sheets in the consumer discretionary sector has severely deteriorated over the past few years It’s one thing to accumulate debt in a easy money environment, but quite another to operate a highly leveraged business in a rising cost of capital setting. Keep in mind that some of these companies will …
by Chris Black If Germany flips, we’re going to see some changes on this stupid earth. The Guardian: Rightwing extremist and anti-democratic attitudes are becoming increasingly widespread in Germany, according to a study examining the public’s political views. Commissioned by the Friedrich Ebert Foundation, which is closely affiliated with the Social Democratic party, the study …
by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a red-hot 7.8%. This jump comes despite the still ongoing ridiculous monthly adjustment to the health …
via The Felder Report: Inequality is a topic that has gotten less attention in the years since the onset of the pandemic but signs suggest it may soon be thrust back into the center of the national conversation. A notable contrast to the inflationary period of the 1970s is the prominence of today's inequality problem. …
New Mexico Gov. Michelle Lujan Grisham (D) is facing growing backlash, including a call for her impeachment, following her September 7, 2023, executive order banning concealed carry for self-defense in cities like Albuquerque. Breitbart News reported that the governor’s order took effect September 8, 2023, and lasts 30 days, after which Lujan Grisham made clear …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 13th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …
by Chris Black In a story which is getting remarkably little attention the State of New York is deploying its National Guard to deal with the state’s growing migrant crisis. (https://ny1.com/nyc/all-boroughs/public-safety/2022/10/29/new-york-national-guard-at-staten-island-hotels-housing-migrants) By ‘deal with’ we mean that the National Guard is going to provide soldiers to transport, feed, guard the housing of and ensure the …
(Breitbart) In an apparent attempt to quell the political firestorm sweeping through the banking sector over its politically-inspired decision to debank Nigel Farage, Coutts Bank now says it will cancel its closure of the Brexit leader’s accounts. On Monday evening, Mr Farage revealed that has received a letter from Interim CEO of Coutts, Mohammad Kamal …
“PYEONGTAEK, South Korea (AP) — The dogs bark and stare as Kim Jong-kil approaches the rusty cages housing the large, short-haired animals he sells for their meat. Kim opens a door and pets one dog’s neck and chest. Kim says he’s proud of the dog meat farm that has supported his family for 27 years, …
by Dismal-Jellyfish https://www.bea.gov/news/2023/personal-income-and-outlays-june-2023 Wut mean?: In June, people earned $69.5 billion more, which is a 0.3% monthly rise–more money earned more money to spend, adding to inflation… Prices of things people bought (PCE price index) went up slightly by 0.2%. Even if we leave out the usually volatile food and energy prices (like the Fed does …
