Independent thinking for complex markets and current events
via SkyNews: ‘NHS data: Number of people waiting to start routine hospital treatment in England at record high In its latest release of data, NHS England said 7.6 million people were waiting to start treatment at the end of June, up slightly from 7.5 million in May. It is the highest number since records began …
Animated: Global Debt Projections (2005-2027P) 💳️https://t.co/8XFqKNQowE pic.twitter.com/v4lUyCxnDE — Visual Capitalist (@VisualCap) August 1, 2023 In 1971, global debt was a “mere” $4 trillion. In 2023 global debt is $325T excluding derivatives. How much longer can this debt bubble go? 🚨 pic.twitter.com/jJbSMdWH7h — Wall Street Mav (@WallStreetMav) August 2, 2023 The core of global debt is now …
A new poll found American’s confidence in the U.S. military to be the lowest it’s been in two decades. American politicians’ confidence in defense contractors seems to be at an all-time high based on the stocks trades we've seen. pic.twitter.com/hhqM0aVPGD — Quiver Quantitative (@QuiverQuant) July 31, 2023
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/O0LPgwa4VP — unusual_whales (@unusual_whales) July 29, 2023
The European Central Bank just raised rates for the 9th consecutive time Inflation in Europe is still 5.5% Rates are now at a 23-year high in Europe: pic.twitter.com/YSpUeBSw1H — Genevieve Roch-Decter, CFA (@GRDecter) July 27, 2023 Business credit conditions in the EU at 2008 levels ⚠️ pic.twitter.com/uH6x9eiT1E — Longview Economics (@Lvieweconomics) July 27, 2023 Home …
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/KAUdnYdZRD — unusual_whales (@unusual_whales) July 16, 2023
by confoundedinterest17 Bidenomics, which Bumbling Biden can’t explain, and his Press Secretary Karine Jean Pierre only utters “top down was a failure, we are trying the opposite!” Sorry Karine, Bidenomics personifies top down economic (mis)management where DC picks winners and losers as opposed to the free market. Under Biden’s corrupt administation, it is more like …
His answer. Race Card! “I’m the mayor of this city and treat me with the respect that would deserve to be treated. I’m speaking to you as an adult. Don’t stand in front like you treated someone that’s on the plantation that you own.” NYC Mayor Eric Adams puts a white woman in her place …
by BoatSurfer600 Source: https://zensecondlife.blogspot.com/2023/06/technological-meltdown.html?m=1
by BoatSurfer600 https://wolfstreet.com/2023/06/21/inflation-shocker-in-the-uk-core-cpi-spikes-to-30-year-high-driven-by-spike-in-services-even-as-motor-fuel-prices-plunge/ I like how it excludes food and energy. keks
by BoatSurfer600 Google searches for “bull market” are at a record high from 2004. Note that gamblers were right in 2020 compliments of the massive Fed bailout. In 2008, they were four months early and took another -40% drawdown. This time, they are coming in at the end of the cycle. For maximum pain Source …
Evelyn Arceo holds down a full-time job as a baker at Universal Studios Hollywood, earning $19 an hour. But even when she gets a few hours of overtime at the theme park, the single mother of four can barely afford the rent of her one-bedroom apartment in Panorama City. On her salary, buying a home …
Guest Post from Wolf Richter at WolfStreet.com: Where does the money come from? They now out-earn inflation, they earn interest income, and they dipped into their assets whose prices ballooned over the years. Consumer spending, adjusted for inflation and for seasonal factors jumped by 0.5% in April from March, after two months of declines and …
Guest Post by Charles Hugh Smith at Oftwominds.com: This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills. The labor force and the job market are referred to as if they were monolithic structures. But they’re not monolithic, they are complex aggregates of very different cohorts …
Top Chart: Over the past +50 years, the inversions of the 50 day SMA of the 10 year treasury rates minus the 50 day SMA of the 3 month treasury rates have all preceded the start of a U.S. recession (there have been no false indicators or exceptions to this rule). The 8 recessions …