Independent thinking for complex markets and current events
“I’m starting to see a dangerous increase in black Trump supporters. I thought these were outliers [but] every time I turn around, there’s another black person who is in support of Donald Trump… IT’S LIKE I’M SURROUNDED!” Some black men leave the Democratic Plantation this year, black women follow in 2028. This is an existential …
Weird how Germany is experiencing countless stabbing and explosive incidents daily. This is the new normal. https://t.co/JtobKq2ukO — Ian Miles Cheong (@ianmiles) September 18, 2024 Here are some recent incidents: Solingen Knife Attack: A 26-year-old Syrian man, motivated by ISIS, attacked people at a festival, resulting in three deaths and eight injuries. Siegen Bus Attack: …
More than 500 business groups across the U.S. are calling on Congress and the next administration to keep former President Trump’s tax cuts in place, warning that allowing them to expire at the end of next year would amount to “the largest tax increase in American history.” The U.S. Chamber of Commerce led the hundreds …
by Jon Forrest Little As the West exploits the dollar-based global financial system to crack down on its perceived enemies, Russia is building its own workarounds… using physical gold and oil. As for gold, it’s acquired in Russia, transported to Hong Kong, and then sold. The proceeds from these sales are then deposited into local …
Allstate Corp. is set to increase home insurance rates for California customers by an average of 34.1%, marking the biggest jump in premiums for a major insurer in three years as the state faces a deepening property insurance crisis. The rate hike, which will take effect from November, will impact about 350,000 policyholders across California. …
https://www.youtube.com/watch?v=4-ro9iJPJ3k The U.S. banking sector is currently facing challenges as it deals with a significant surge in delinquency rates, leading to mounting losses. Recent reports have revealed a shocking 23% increase in delinquencies, causing concern for both banks and borrowers nationwide. This sharp rise in borrowers falling behind on their payments has increased bank losses, …
Former BBC news presenter Huw Edwards, who resigned from the BBC on medical advice in April, saw his salary increase by £40,000 last year. Edwards was suspended in July 2023 over allegations in The Sun newspaper of paying a young person for sexually explicit photos. Police did not take any action against him, saying there …
AAII bulls up to 52.7% – highest level of this year and 2nd highest level since early 2021. Optimism is elevated, but risks become more acute when the crowd heads for the exits pic.twitter.com/0foZRmidNi — Win Smart, CFA (@WinfieldSmart) July 19, 2024 356 companies have filed for bankruptcy this year, higher than in the pandemic …
https://twitter.com/1CoastalJournal/status/1811757149430640912 https://twitter.com/17296Jay18416/status/1811729236350111902 📈 Earnings Alert $JPM – JPMorgan 2Q Provision for Credit Losses Misses Estimates:∙ Provision for credit losses $3.05b, est $2.83b ∙ Adj revenue $50.99b ∙ Return on equity 23%, est 17.4%https://t.co/ZPPGNUWwcQ pic.twitter.com/vL1LqMwA2c — Smartkarma (@smartkarma) July 12, 2024 We are now to believe that an imploding economy will be good for banks and …
A prominent insurance provider has aired an ultimatum to the entire state of California. The firm, State Farm General, asked the state’s Department of Insurance Thursday to let them raise residential insurance rates for millions of citizens, or see them move out. The move indicates financial trouble for the insurance giant, which currently covers homes …
Officials are warning Americans to be on the alert for rabies-infected animals amid a spate of attacks in some parts of the country. This month, a rabid raccoon attacked two dogs and rabid bats were found in two separate houses in Missouri. Last month, a stray cat with rabies attacked a person in Staten Island, …
The 2024 Central Bank Gold Reserves (CBGR) survey conducted by the World Gold Council reveals that 29% of central bank respondents plan to increase their gold reserves in the next twelve months. This is the highest level observed since the survey began in 2018. The motivations behind these planned purchases include a desire to rebalance gold holdings, domestic gold production, and concerns related to financial markets, including …
Kusti Salm, the Ministry of Defense’s Permanent Secretary, announced his voluntary resignation due to the government’s inaction. He cited a critical shortage of ammunition as the reason. Salm had repeatedly proposed increasing Estonia’s ammunition stocks, but unfortunately, the decision was not taken. He emphasized the need for a €1.6 billion investment to address this shortage. …
Gee, wonder why the NY Rate increase? pic.twitter.com/r5zdYKR2e8 — The Stupid Shall Be Punished (@stupidpunished) June 10, 2024
Stunning statistic: there has been ZERO INCREASE in jobs for native-born workers in over five years, since July 2018! pic.twitter.com/mxdpmPHIbO — zerohedge (@zerohedge) January 5, 2024 Wall Street Admits the Biggest Economic Shocker: All Jobs in the Past Year Have Gone to Illegal Aliens For much of the past year we had been pounding the …
"The US Money Supply increased 0.6% over the last year, the first YoY increase since November 2022."@charliebilello pic.twitter.com/rTzxsK3vss — Daily Chartbook (@dailychartbook) May 29, 2024 Household 🏠 Consumption 🛍 Forecast 📈 pic.twitter.com/atBXfBAgLV — Win Smart, CFA (@WinfieldSmart) May 28, 2024
California’s gas tax will increase by 2 cents starting July 1, according to a recent notice by the California Department of Tax and Fee Administration. This comes as prices have already been on the rise. Sign up for our Newsletters California’s current gasoline tax is 57.9 cents a gallon. With the increase, it will rise …
Ranchers are warning that our food systems are in great danger right now. Cattle production has plummeted to the lowest point in decades, and new diseases are rapidly spreading across U.S. beef cow herds, which is threatening our entire food supply chain. This is the sign for you to start stocking up on basic staples …
Average monthly prices for regular-grade retail gasoline in the U.S. could increase by more than $0.10/gal if refinery output is lower than expected, according to an analysis published by the U.S. Energy Information Administration (EIA). In the EIA’s May Short-Term Energy Outlook (STEO), which serves as the Base case for analysis, the EIA forecast summer regular …
NEW: NYPD issues public crime alert for Central Park after 350% spike in robberies so far this year compared with the same period last year – WNBC — Breaking911 (@Breaking911) April 30, 2024 The NYPD sounded the alarm Tuesday on an uptick in Central Park crime, revealing a 350% increase in reported robberies so far this …
by confoundedinterest17 Joe Biden could barely eat his dinner at the White House Correspondents’ Dinner. And we think he is calling the shots in The White House?? Oh well. Perhaps it is Treasury Secretary Janet Yellen or Klaus Schwab of the World Economic Forum. In any case, Treasury bond issuance in 2024 is expected to hit $1.9 …
Analysts have reported seeing an alarming increase in banks closing customers’ bank accounts due to suspicious activity. In just the last few years, this trend has escalated for a variety of reasons. However, experts are sounding the alarm bells over these mass closures, explaining that banks need to find other ways to deal with supposed …
Health insurers are tumbling after US regulators didn’t boost payments for private Medicare plans. Only once in the past 10 years have final rates not improved from regulators’ initial proposals, according to research from JPMorgan.https://t.co/MIU1gEyqyD by @jtozz pic.twitter.com/uEKgtIlwcS — Tracy Alloway (@tracyalloway) April 2, 2024
“#China: Bank of Communications reported that its property bad loan ratio jumped to 4.99% at the end of last year from 2.8% a year earlier. Industrial & Commercial Bank of China saw its bad loans from residential mortgages rise 9.6% to 27.8 billion yuan. We know that the property sector (as outlined in a 2021 …
A dollar won’t go quite as far at Dollar Tree these days. The maximum price of items in its stores will increase to $7 this year. The retailer’s CEO, Rick Dreiling, announced the change during an earnings call earlier this month. He said the increase is due to a wealthier customer base. https://abc7.com/dollar-tree-will-increase-maximum-price-of-items-in-stores-to-7/14574177/
Sleeping with the blinds open could raise your risk of stroke by up to 43 percent, a study suggests. Street lights and light pollution from traffic interfere with the body’s natural sleep-wake cycle and not getting enough quality rest puts strain on the heart and other organs. Researchers in China made the discovery after comparing …
Unemployment and supply of homes are correlating higher now as well pic.twitter.com/cfgrH7wAsT — The Coastal Journal (@1CoastalJournal) March 26, 2024 The real estate rollercoaster is hitting some unexpected twists and turns, with February delivering a double whammy of unsettling news. Brace yourselves: layoffs have skyrocketed a jaw-dropping 410% compared to last year, hitting levels not …
With many of former President Trump’s tax cuts due to expire next year, taxpayers may be wondering if there’s anything they should be doing now to prepare. Trump’s 2017 Tax Cuts and Jobs Act (TCJA) increased the standard deduction, lowered the corporate and estate tax rates and increased the child tax credit, among other things. …
