A hub for independent voices and hard truths
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
“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 …
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, … Continue reading by subscribing. Username Password Remember Me …
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 …
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 …
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 …
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 …
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-b… Continue reading by subscribing.
(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, …
“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 …
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 …
China’s Murky Debt Corner Faces Funding Squeeze (Bloomberg) — The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. The bonds …
Full story:https://t.co/Di4sWksPPX — Collin Rugg (@CollinRugg) July 12, 2023 Sen. Ted Cruz reveals TWO whistleblowers have come forth with EVIDENCE DOJ is covering up CRIMES for Joe and Hunter Biden: "This DOJ, this FBI, is the most politicized DOJ and …
by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm All items less food and energy: Inflation and Housing: The overall index for items excluding food and energy increased by 0.2% in June. The cost of housing, represented by the shelter index, rose by 0.4% in …
Are you completely exhausted from seeing your bills piling up every month? Do you feel like no matter what you do, your financial situation never actually improves? Are you noticing that your purchasing power can’t afford the same it used …
by confoundedinterest17 Nicolas Maduro of Venezuela must be envious of Joe Biden. I don’t think even Maduro has the stones to have his politiical opponent charged with espionage in the run-up to a Presidential election. Particularly when the US President has been …
