A hub for independent voices and hard truths
Japan will be forced to hike again. pic.twitter.com/OZoNx4M9IK — Don Johnson (@DonMiami3) December 26, 2024 Translation : Urgent need for rate hikes. https://t.co/jAWawyZ51o — The Great Martis (@great_martis) December 27, 2024 📊💴 Tokyo inflation accelerates, fueling rate hike expectations Tickers …
The MTA is putting ink to paper its final budget for 2025, and next year could cost riders more to take the rails. The $20 billion budget includes a summer fare hike, and that’s on top of congestion pricing that …
Alas, looks like the US economy is cooling quicker than most analysts think. The Bloomberg US Economic Surprise Index has dropped to a 9-year low. pic.twitter.com/bnVdCfKfGj — David Ingles (@DavidInglesTV) July 4, 2024 🇺🇸 Although FOMC minutes included some saying …
In 2022, Norway witnessed a significant exodus of its super-rich citizens More than 30 Norwegian billionaires and multimillionaires decided to relocate to low-tax countries, particularly Switzerland. This departure exceeded the total number of super-rich individuals who left the country during the previous 13 years …
In recent years, homeowners across the United States have been hit with a significant increase in home insurance premiums. The average rise across the country is around 23% since 2023. The average premium in February 2024 is about $141 a …
Citigroup and JP Morgan forecast significant gains for gold, with projections reaching $3,000 and $2,500 per ounce respectively within the next year. Meanwhile, UBS warns of a potential 6.5% Fed rate hike amid persistent inflation, triggering concerns of a selloff …
The farmer protests are reaching Canada, particularly in Quebec, where protests are gaining momentum in recent days in the face of the crisis in the sector. Justin Trudeau is putting a 23% carbon tax hike on farmers and it's killing …
This is blatant corruption! The California minimum wage increase conveniently spares Panera, owned by a buddy of Governor Gavin Newsom. The bill’s provision exempting fast-food joints baking bread on-site seems like a tailored loophole to benefit Newsom’s pal, Panera’s CEO …
I always find this chart staggering to look at. We've never seen the Federal Reserve slow the economy this violently before. Rates went from 0% to 5.33% within 18 months. That's unheard of. https://t.co/KoQ4CsPV0H pic.twitter.com/2vldAWuGei — Financelot (@FinanceLancelot) December 23, …
Our car companies stopped being private enterprises during the Obama administration. These days they’re burning through billions of dollars following the government plan for replacing cars with EVs. The UAW is in the driver’s seat because it elects the politicians …
via Mike Shedlock: The United Auto Workers (UAW) contract with GM, Ford, and Stellantis will expire on September 14. The UAW demands are outright ludicrous. A strike appears likely. UAW Demands 32-hour workweek 46 percent pay raise over 4 years …
That's the week. We have now entered the pre-FOMC silent period. 96% probability of July rate hike. Peak earnings. Lowest liquidity period of the entire year. Nothing can go wrong now. pic.twitter.com/TEXdXB3q2w — Mac10 (@SuburbanDrone) July 14, 2023 Anyone who …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …
by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more …
by B3stAuD1t0rofA11tiME I’m sick of this shit If the goal is 2% inflation and we are at 5% per the imaginary numbers they report you don’t just skip a rate hike Especially when true inflation is 20%+ Just look at …