A hub for independent voices and hard truths
The “Impossible Trinity” of Australian economics in 2026: they cannot cut rates because of surging fuel inflation, they cannot hike without crashing the housing bubble, and they cannot ignore the supply chain collapse because they are the last stop on …
Taiwan took the hardest hit with record -$7.9B (TSMC/semicon exodus), Korea -$1.6B, India -$1.3B. MSCI Asia Pacific cratered -6.3% in a week—worst drop outside major crises in ~6 years—erasing early-2026 momentum. Risk-off panic is driving flows to USD and safe …
Macro vulnerability increasing ahead of automation wave. The consumer most exposed to AI displacement already has no financial runway. Before a single layoff announcement, 401k hardship withdrawals are 365% above baseline. Emergency savings at a 15-year low. Credit card delinquency …
Palantir printed $149.24 this morning. That’s up 104% year to date. Volume hit 23.58 million shares by midday. Market cap sits at $352.1 billion. PE ratio is 651.68. The stock hit its high of $155.68 on July 17. Since then, …
WORLD EXCLUSIVE: 'Prince Andrew Was F*ing Underage Girls' — Tape of Royal Family Advisor Exposes Prince Andrew’s Sexual Relations with Minors and Deep Ties to Jeffrey Epstein pic.twitter.com/NS517Kob18 — James O'Keefe (@JamesOKeefeIII) May 7, 2025
The U.S. automakers build, assemble and use parts from Canada and Mexico. GM, Ford and Stellantis shares slammed. Workers load Chrysler minivans at the Stellantis Windsor Assembly Plant in Windsor, Ontario, January 31, 2025. The global economy is bracing for …
Tweet: NEWS: Auto loan delinquencies keep climbing Subprime delinquencies (FICO: 580–669) jumped 26 basis points to 5.17% in Aug. Even prime loans (660–719) saw a slight uptick to 0.50% overdue. The reason? Consumers with auto loans originated in the past …
S&P 500 statistically expensive on 19 of 20 metrics BofA pic.twitter.com/FrYQL8Om8F — Win Smart, CFA (@WinfieldSmart) September 10, 2024 Commodities are pricing in the hardest landing this century: oil sentiment is worse than at the peak of the global financial …
by Mike Shedlock Age group 25-35 was very hard hit in Friday’s job report. Overall unemployment rose 0.2 percentage points. For age group 25-34 unemployment jumped by 0.4 PP. Data from BLS, chart by Mish June to July Rise in …
Crumbling buildings and broken dreams: China’s unfinished homes Tens of millions of homes lie vacant across China following the country’s credit-fuelled construction boom. Taichung, Taiwan – Around a tiled square on the outskirts of the Chinese city of Nanjing, a cluster …
Financial winter is coming. h/t Mayhem4Markets