Independent thinking for complex markets and current events
This is the nightmare scenario for Japan. Rates up, yen weaker, and the one lever they pulled just made it worse. Once the 10 year breaks levels like this, control turns into theater. There really is no clean exit left. 🚨 Japanese inflation is now above US inflation for the first time since 1979. pic.twitter.com/pACaUFHHfi …
Fed faced same risks in ‘99 as today… June 1999. The Fed is concerned about: -Rampant equity speculation and its impact on wealth (SPX PE 24x, today 23x)-Too tight labor markets (UR 4.3%, today 4.1%)-Too high wage growth (ECI 3.5%, today 3.6%)-Inflation (Core CPI 2.3%, today 2.8%). They hiked from 4.75% to 5%. pic.twitter.com/A4uqxyIYmH — …
This guys channel’s reporting is WAY better than any crap on MSM news. Cliff Notes: No way to get in besides hiking. Total Devestation. No Feds on ground. No Land grab. No dead bodies in street,1 dead horse. No looting, just locals cleaning and clearing. h/t wattsun
🚨 Here's a wild stat: June 2024 marked the first time in 44 months that no global central bank hiked interest rates. A global easing cycle is upon us. Prepare accordingly. pic.twitter.com/JBpogzFxzb — Jesse Cohen (@JesseCohenInv) July 8, 2024 Funny enough, markets tend to rally ahead of rate cuts, and then correct lower once the …
California’s $20 minimum wage led to fast food price hikes, lower foot traffic, study shows. In the six-month period leading up to the new law being enacted, fast food prices in California rose on average by 7% — forcing franchisees in the state to slash work hours, postpone capital improvements and expedite the deployment of …
Furious Apple TV customers have threatened to cancel their subscriptions, following the news that the company is increasing prices by up to 40 per cent. The change will bring the monthly cost from £6.99 to £8.99 in the UK, and from $6.99 to $9.99 in the US. Some customers say they are willing to pay …