Independent thinking for complex markets and current events
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 the map. This is not a depression; it is a Disorderly Deleveraging during a global …
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 havens as oil… — DesiTrump (@CryptoCivics) March 8, 2026 $11 billion out of developing Asia …
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 in the 40-59 cohort at 12.7%. The shock absorber… — Craig Shapiro (@ces921) February 22, …
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, price faded. Weekly RSI shows negative divergence. Momentum is soft. Price is not. $PLTR is …
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 impact as U.S. President Donald Trump’s deadline to impose sweeping tariffs on the three largest …
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 two years are falling further behind as elevated interest rates and vehicle prices squeeze household …
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 crisis, Europe's sovereign debt crisis and the global covid lockdowns. pic.twitter.com/lbMgNz6ET9 — zerohedge (@zerohedge) September …
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 Unemployment in Percentage Points (PP) 16-19: +0.3 PP from 12.1% to 12.4% 20-24: +0.2 PP …
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 of apartment buildings rise like concrete columns towards a grey sky. At first glance, the …
Financial winter is coming. h/t Mayhem4Markets