Independent thinking for complex markets and current events
Oil is in free fall lately. $58 today. This is one of the first signs of a recession. We’re getting to price levels near what it costs producers to pull it out of the ground. On the bright side it helps with inflation because it’s a major input cost for mfg. pic.twitter.com/NIdahDZX6m — QE Infinity …
https://fred.stlouisfed.org/series/RCCCBSHRMIN h/t kmmeow1
WOW. These students in Atlanta BEAT UP their high school Principal. What should be done with these kids?https://t.co/rdsLPbi022 — AmericanPapaBear™ (@AmericaPapaBear) April 25, 2025 Principal of MLK High School assaulted then engages in fist fight with students. It is irresponsible for civilized society to not allow most contributive to humanity's retardation to go extinct. pic.twitter.com/A1FYYG3fcQ …
BREAKING: 🇺🇸🇨🇳 Trump now has said that tariffs on China will come down and he won't play hardball. pic.twitter.com/HcOARJUsJh — Megatron (@Megatron_ron) April 22, 2025 BREAKING: President Trump says tariffs on China won’t be as high as 145% and “will come down substantially, but won’t be zero.” — The Kobeissi Letter (@KobeissiLetter) April 22, 2025 …
E-cigarette use is linked to increased risk of COPD and possibly hypertension, though less harmful than traditional smoking, which raises risks for several serious conditions. A Johns Hopkins Medicine-led study analyzing health data from nearly 250,000 diverse individuals over a four-year period has provided clearer insight into the health risks associated with exclusive e-cigarette use. The study …
2/ The Fed had been on an unprecedented hiking cycle Taking rates from near 0% to 5.5% in just 1.5 years Ensuring tight monetary policy in the process pic.twitter.com/s8OvQS8I6C — Bravos Research (@bravosresearch) April 21, 2025 4/ During the recent hiking cycle, 30-year mortgage rates broke out a key downtrend line It rose from 2.65% …
Bessent: We have a process in place. We are working on the big 15 economies. First, we had a fantastic meeting with Japan yesterday. I believe there have been calls with the EU.. and I believe India is also talking — that is moving very quickly. pic.twitter.com/ZudcssnRcR — Acyn (@Acyn) April 17, 2025 The rate …
The automotive industry is facing unprecedented challenges, highlighting five major trends that strongly indicate a significant price correction is on the horizon. With total auto loan debt reaching an all-time high of $1.7 trillion, vehicle inventories accumulating, and looming tariffs on imported cars threatening to inflate prices further, consumers considering vehicle purchases in the next …
🇺🇸TRUMP HITS RECORD-HIGH APPROVAL — EVEN AFTER TARIFF TURMOIL Tariffs up, tariffs down — doesn’t matter. Even after last week’s whiplash on Liberation Day tariffs, voters aren’t punishing him. In fact, they’re rewarding him for moving fast and shaking things up, with a 54%… https://t.co/CyxBd06TJw pic.twitter.com/hmrdsKfkOZ — Mario Nawfal (@MarioNawfal) April 15, 2025 The EU …
OOPS! Investors haven’t been this bearish in 30yrs, BofA poll shows. 82% of fund managers expect the global economy to weaken, and a record number intend to reduce exposure to US equities. BUT “peak fear” is not yet reflected in cash allocations, which currently stands at 4.8% of… pic.twitter.com/k8xzjB6z4K — Holger Zschaepitz (@Schuldensuehner) April 15, …
1) Home prices in California are still up on a year-over-year basis, however they won't be for long if this inventory growth continues. Los Angeles county is up 48% YoY.Orange county up 66%San Diego up 67%Riverside up 53%Santa Clara up 73%Alameda up 74% Data as of March… — Nick Gerli (@nickgerli1) April 11, 2025 3) …
JUST IN: Gold reaches new all-time high of $3,220. pic.twitter.com/Mo2PFP4ipt — Watcher.Guru (@WatcherGuru) April 11, 2025 Say it again You can control the negotiation table but you can not control: – US 10 Yr and US 30 Yr Yield– The Dollar– The Fed– Inflation– China's counter policies– The stock market– Interest Rates– Humans getting triggered– …
Amazon $AMZN CEO Andy Jassy: "AI does not have to be as expensive as it is today, and it won’t be in the future. Chips are the biggest culprit. Most AI to date has been built on one chip provider [ $NVDA ]. It’s pricey." pic.twitter.com/cC2A6rrKET — Wall St Engine (@wallstengine) April 10, 2025
BREAKING: S&P 500 futures fall nearly -100 points as the selloff from today’s session continues. pic.twitter.com/iz4auNYI5O — The Kobeissi Letter (@KobeissiLetter) April 11, 2025 BREAKING: Gold surges to a new all time high of $3,210/oz, now up over +90% since October 2022. pic.twitter.com/Hzcb2mch3B — The Kobeissi Letter (@KobeissiLetter) April 10, 2025 This is not a …
Don’t think we’re anywhere near out of the woods yet. CITI’S ANDY SIEG: “DON’T BUY THE DIP” Despite Thursday’s relief rally after Trump paused some tariff hikes, Citi’s Global Wealth head Andy Sieg is urging caution even though “peak shock” might have passed. “Don’t chase this, don’t buy the dip,” he told Bloomberg. Sieg says… …
They say valuation doesn’t matter, until it does. You can't fight gravity; at some point, this will return to zero. "Ah, but P/S is no longer a useful metric" Until it is, again. pic.twitter.com/Rz4dimoZBZ — Guilherme Tavares (@i3_invest) April 1, 2025 2018, 2020 or 2022? pic.twitter.com/qXZph4eTpO — Guilherme Tavares (@i3_invest) April 2, 2025 Another weird …
US Economy: 33%: People buying sh**t33%: People delivering sh**t22%: People repossessing sh**t12%: Real Estate 😉 — Reminiscences of an American Capitalist (@4Awesometweet) March 28, 2025 Americans struggle to keep up with bills.
It's a bear market, ya know. $SPY pic.twitter.com/Pl6avZCdza — Steven Strazza (@sstrazza) March 28, 2025 BofA Fund Manager Survey reports largest drop in US equity allocation on record Time for a sentiment check… 1) Back in early March, the American Association of Individual Investors (AAII) survey showed over 60% of investors were bearish. That’s only …
Chinese Tech Stocks Plunge From 3 Year High To Correction In Just 5 Days https://t.co/sIsrnQqYGg — zerohedge (@zerohedge) March 25, 2025 For those whose heads are still spinning from the furious speed of the recent plunge of the S&P into correction, here’s round two: overnight Chinese tech stocks extended their recent drop, and fell from …
Full source is here: https://www.fitchratings.com/structured-finance/abs/auto-indices#chinese-auto-indices
Preliminary results must have been so sky high that even the usual heavy cooking must have struggled to hide UK hyperinflation this time https://t.co/IFuE5UuAOo — JustDario 🏊♂️ (@DarioCpx) March 21, 2025 The U.K.’s Office for National Statistics said Friday it paused publication of its index of producer prices, a new disappointment for the data agency …
via creditbubblebulletin: Somehow, it staged a remarkable comeback. “Transitory” was spoken five times during the post-meeting press conference, twice by Chair Powell: “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory. And that can …
Another day, another scramble for physical gold, pushing Comex gold to a record high 41.6 million ounces. BUT the real action is now clearly in silver, where we are seeing an unprecedented delivery scramble pushing total silver also to a record high. Expect a price move soon pic.twitter.com/tUAswBFN9d — zerohedge (@zerohedge) March 21, 2025 Gold …
With CPI 35% higher, the real financial crisis is even worse… Percentage of borrowers at least 60 days late on their car payments is at the highest on record: pic.twitter.com/1JTIwgnSWY — unusual_whales (@unusual_whales) March 20, 2025 Fed data shows that only 62% of households can come up with $2,000 for an emergency expense within a …
https://tradingeconomics.com/japan/40-year-bond-yield
Americans are missing their car payments at the highest rate in decades, according to Fitch Ratings data. Why it matters: Car costs, including loans and insurance, have soared in an economy where consumers are showing mounting signs of stress. By the numbers: 6.6% of of subprime auto borrowers were at least 60 days past due on their loans as of January 2025. This is …
by Mike Shedlock As borrowers struggle to keep up with car payments, auto lenders offer payment extensions to keep those loans from going bad. Car Dealership Guy reports Auto Lenders Increasingly Turn to Payment Extensions. Payment Extension Trap 60+ day auto loan delinquencies in the subprime cohort (less credit-worthy borrowers) hit 6.56% in December 2024—the highest …
Despite the talk of a glowing economy, U.S. corporations are biting the dust left and right. Learn why this may only be the beginning.
