Independent thinking for complex markets and current events
Real wage purchasing power down 89% since gold standard ended. The average hourly wage (in gold terms) just hit a new all-time low, going all the way back to 1963 The real purchasing power of the average wage for an hour's work, has declined by 89% since the end of the gold standard in 1971 …
U.S. July CPI: Core Inflation Hits 3.1 Percent Year Over Year Headline CPI rose 0.2 percent month over month, matching expectations. Year-over-year inflation came in at 2.7 percent, just below the 2.8 percent estimate. Core CPI rose 0.3 percent month over month and 3.1 percent year over year, beating the 3.0 percent forecast. The Fed …
🚨 BREAKING: After news of impending legal troubles for herself and her allies, Hillary Clinton launches a fundraising push using her nonprofit, “Onward Together,” including a link to ActBlue, per @paulsperry_ Now why would she be doing that… pic.twitter.com/7DZ57AoiKQ — Eric Daugherty (@EricLDaugh) August 10, 2025 A whistleblower report declassified last week suggests that Hillary …
Retail is buying the top. Insiders are selling the future. The S&P 500 is now trading at 3.15x sales, its highest valuation in history. $SPX Video: https://t.co/eJcpxsTX2d pic.twitter.com/cNKndmlmFR — Charlie Bilello (@charliebilello) August 10, 2025 Corporate Insiders are dumping as the stock market hits all-time highs 🚨🚨 pic.twitter.com/BOHwqeItU3 — Barchart (@Barchart) August 10, 2025 🚨US …
It's interesting to see some people claim inflation is slowing. The equal-weighted commodities index is up 12% in the past year. That’s real-world inflation. Meanwhile, US money supply just hit a new high, and the dollar is weakening sharply against other currencies, including… pic.twitter.com/xYS56p7DeX — Otavio (Tavi) Costa (@TaviCosta) August 9, 2025 Commodities surged 12% …
Introducing: Richland High School Opening next week in Prosper, Texas Nobody builds high schools like North Texas pic.twitter.com/sIqzLfXeAQ — Amy Nixon (@texasrunnerDFW) August 7, 2025 Prosper ISD’s debt load is $5 billion with interest. “Prosper ISD’s 2023 bond package is the largest on Texans’ ballots… the total cost to taxpayers would be $5 billion with …
The Fed’s Reverse Repo Facility balance fell to just $78.1 billion on August 7, 2025. This shows banks are pulling money out of the Fed, holding onto cash instead of lending or investing. “The Fed’s Reverse Repo Facility (RRP) balance dropped to just $78.1 billion on August 7, 2025.” https://fred.stlouisfed.org/series/RRPONTSYD Meanwhile, foreign buyers sold $78 …
Canada’s wildfire season has already burned over 2.7 million hectares and displaced more than 33,000 people. “What we are witnessing is not just a series of isolated incidents, but a glimpse into a new, fire-prone reality shaped by human activities and climate change.” https://unu.edu/inweh/news/canadas-wildfire-crisis-harsh-glimpse-new-climate-reality-cascading-impacts-beyond-its The smoke crossed borders. Over 117 million people in the U.S. …
S&P 500 hits its most expensive valuation in 4 years 🚨🚨 pic.twitter.com/afbN5BNL4o — Barchart (@Barchart) August 5, 2025 For those who believe the S&P 500 is reasonably valued. What an illusion. pic.twitter.com/1pRE3IHX7v — Guilherme Tavares (@i3_invest) August 5, 2025 Based on July‘s S&P 500 monthly data, the market is OVERVALUED somewhere in the range of …
It’s clear the economy is slowing down badly and yet the market continues to hit new highs daily. Such a bizarre world. pic.twitter.com/0YaCw6mAGQ — QE Infinity (@StealthQE4) August 6, 2025 The U.S. economy is experiencing a noticeable slowdown in mid-2025, with sluggish domestic demand growth, muted job gains, and new tariff actions poised to impact …
President Donald Trump announced a 25% tariff on Indian goods effective August 6, 2025. While some reports say this pushes tariffs to 50%, that number is misleading. The Times of India explained, “President Donald Trump has imposed a 25% tariff on all Indian goods, escalating trade tensions between the United States and India” https://timesofindia.indiatimes.com/business/india-business/donald-trump-tariffs-india-news-live-updates-russia-oil-india-us-trade-deal-tariff-impact-pm-modi/liveblog/123138458.cms. The …
Trump ended America’s free ride on Europe’s defense bills. Now, $578 million in new U.S. weapons for Ukraine aren’t coming out of American pockets, they’re being paid for by Europe, led by the Netherlands. “The Netherlands has committed €500 million, or roughly $578 million, to purchase U.S.-made weapons and send them to Ukraine, marking a …
AI startup Harvey has reached $100 million in annual recurring revenue after its weekly average users have quadrupled over the past year. Harvey runs an artificial intelligence-powered legal platform that can help with legal research, drafting and diligence projects. The company earned a spot on the 2025 CNBC Disruptor 50 list. Artificial intelligence startup Harvey …
Job cuts in the U.S. have topped 806,383 so far in 2025, the highest January‑through‑July total since 2020. Tech, retail and government sectors lead the wave. “We are seeing the Federal budget cuts implemented by DOGE impact non‑profits and healthcare in addition to the government. AI was cited for over 10,000 cuts last month, and tariff …
Inflation rose in June to 2.6 percent annually, higher than economists expected. The Federal Reserve’s preferred gauge, the personal consumption expenditures (PCE) price index, showed prices increasing as tariffs on imported goods pushed costs up. Vanguard analysts said, “Core goods … should reflect substantial growth due to tariffs, especially on sensitive categories like household furnishings …
Hepatitis C often shows no signs until serious damage is done. It can be treated, so testing is key to help you help reduce your risk. #WorldHepatitisDay #HepC🔗 https://t.co/mqokQBm3RX pic.twitter.com/ahoVG5kEv3 — UK Health Security Agency (@UKHSA) July 28, 2025 Brits at elevated risk of hepatitis C have been urged by UKHSA to get tested even …
Russia bombed Kyiv overnight, killing at least 8, including a 6-year-old boy, and injuring 82. Among the wounded were 10 children, the youngest just 5 months old. Putin keeps bombing Ukraine because Trump lets him. pic.twitter.com/ltSi26UoI9 — Republicans against Trump (@RpsAgainstTrump) July 31, 2025
Microsoft crossed the $4 trillion market cap mark after reporting a strong quarter driven by cloud growth and AI adoption. The company’s revenue rose 12% year-over-year, underscoring its grip on enterprise software and cloud infrastructure. This milestone puts Microsoft in rare company alongside Nvidia, confirming its dominance. Market watchers caution that valuations this high carry …
A powerful 8.0 magnitude earthquake rattled the eastern Kamchatka coast late Tuesday. Shallow depth suggests potential for significant tectonic movement, though official tsunami alerts remain pending. The region’s volatile Pacific Rim fault lines rarely offer much warning, leaving nearby communities on edge. This event underscores persistent seismic risks overlooked in broader geopolitical chatter. Monitoring updates …
Ground beef just hit $6.12 Highest price ever recorded by the USDA Up 12% year over year Up more than 50% since 2022 This isn’t a seasonal spike It’s systemic US cattle inventory has collapsed 94.2 million head as of July 1 Lowest mid-year count since 1973 June feedlot placements: 1.44 million Lowest since 2017 …
The final week of July 2025 is not a policy moment. It’s a collision of pressure points. The Federal Reserve is expected to hold interest rates at 4.25% to 4.5% for the fifth straight meeting. The decision lands Wednesday at 2 p.m. ET. Trump’s push for cuts has intensified, with direct pressure on Powell and …
California just redefined “low income” and it no longer means what people think it does. A single person earning $111,700 in Santa Clara County now qualifies. In San Francisco, Marin, and San Mateo counties, the line is set at $109,700. These are the official income limits for 2025, released by the Department of Housing and …
The Defense Department is quietly reshaping its AI strategy. Behind the scenes, officials are testing new systems to reduce reliance on outside vendors like Palantir Technologies. The shift comes despite Palantir’s recent $795 million contract boost for its Maven Smart System, which now totals $1.3 billion through 2029. That expansion was approved in May 2025, …
Grocery prices now change 100 times a day. Walmart’s electronic shelf labels are live in 1,000+ stores, with 2,300 targeted by December. Kroger’s rollout is ahead of schedule. Labels update based on time, inventory, competitor pricing, and weather. USDA’s July 25 forecast shows food-at-home prices rose 0.2% MoM, up 2.4% YoY. Eggs dropped 10.8% in …
Congress lifted the ceiling and lit the fuse. Half a trillion in new debt in a flash, and metals traders are already sharpening their knives. Dear Congress, The federal debt is up over half a trillion dollars since you lifted the debt ceiling. CUT THE SPENDING!!! pic.twitter.com/OeGf4pmcuf — E.J. Antoni, Ph.D. (@RealEJAntoni) July 27, 2025 …
President Trump told reporters on July 25 that he “likes a strong dollar” but “you make a hell of a lot more money with a weaker one.” The dollar index is down 10% since January. That’s the steepest six-month drop since 1973. The U.S. M2 money supply just hit $22.02 trillion. That’s a record. Inflation …
Thailand and Cambodia are locked in their worst border fighting since 2011. The clashes erupted July 24 and have already killed at least 15 civilians and 1 soldier in Thailand, with 46 wounded. Cambodia has reported 1 death and 5 injuries. More than 130,000 Thai civilians have been evacuated. Cambodia says 5,000 have fled. The …
Prices climbed faster than paychecks again this quarter. Beef just broke $6.12. Social Security faces a mandatory 24% slash starting January 2033. And 40% of U.S. workers now earn less than the inflation-adjusted cost of living. Indeed’s real-pay tracker posted a July spike. 43% of Americans are losing ground on purchasing power. March’s level was …
January 2021 peak warns of correction. This is the second most overbought the Nasdaq has been on volume momentum (lower pane) in the past 35 years. The first of course being January 2021. Note that with each peak in volume momentum, the large cap momentum stocks came back to the 200 dma. At minimum. pic.twitter.com/XRSPC0Rx6V …
Trump’s approval is slipping hard but the press still calls it stable. The latest Gallup poll pins him at 37 percent approval and 58 percent disapproval. That is not a plateau. That is erosion. Gallup reports a 10 point slide since January Quinnipiac finds just 17 percent support on Epstein files and 63 percent disapproval …