Independent thinking for complex markets and current events
by Mike Maharrey The gold-silver ratio has surged to over 90-1. This indicates that silver is extremely underpriced from a historical perspective. In other words, silver is on sale. The last time we saw a gold-silver ratio over 90-1 was in the early days of the pandemic lockdowns. In the modern era, the gold-silver ratio has averaged …
Keep sharing! pic.twitter.com/PoCE4vCexM — WHO? (@soursillypickle) October 30, 2024
“Someone is tracking the cell phones that go to all of the Kamala rallies— 90% have been to the last two and 54% were at Arizona and Georgia. It’s all the same people. Her support is entirely contrived.” Someone is tracking the cell phones that go to all of the Kamala rallies— 90% have been …
Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s end. https://t.co/kE2FRuOw8p — Danielle DiMartino Booth (@DiMartinoBooth) April 4, 2024 ⚠️ Initial claims for state …
Ok, that's the week. Bulls, we'll see you next week. Bears, you should not have capitulated. pic.twitter.com/TFNG6fGZ3m — Mac10 (@SuburbanDrone) March 8, 2024 Key reversal of fortune. Highest down day volume since the 2022 bear market. pic.twitter.com/BZsVrtT7j3 — Mac10 (@SuburbanDrone) March 9, 2024 The third bull trap. pic.twitter.com/G5n7daMKLy — Mac10 (@SuburbanDrone) March 8, 2024 …
% bullish (lower pane) is making a double top on the right shoulder, deja vu of the left shoulder. Note the correlation between Bitcoins and Internet stocks. pic.twitter.com/LPcMqilKR5 — Mac10 (@SuburbanDrone) December 21, 2023 S&P 500: The odds in my analysis favor that the intermediate top is in or very near. The recent euphoria is …
by DesmondMilesDant The data released by the US Bureau of Economic Analysis on October 26th showed that real GDP growth in the third quarter was 4.9 percent, 0.5 percentage points below the final GDPNow model nowcast released on October 25th. This suggests that inflationary pressures may be starting to build in the economy and could …
US records highest credit card debt level at $1.03 trillion, 4.6% increase from Q2, with 20.63% interest rate, 47% cardholders carry monthly balances, and $7,227 average debt, with Connecticut and New York having the highest. ✅ US credit card debt surpassed the one trillion dollar mark and is now at the highest level ever recorded …
The market is on the brink of a weekly bearish MACD cross Signaling a downward shift in momentum This week's close will be crucial pic.twitter.com/XH14SmzsSU — Bravos Research (@bravosresearch) August 17, 2023 MARKETS ABSOLUTELY POLEAXED INTO THE CLOSE; CORRECTION TERRITORY FOR EQUITIES LOOMS * — The_Real_Fly (@The_Real_Fly) August 17, 2023 The S&P 500 just broke …
Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to inflation, rising energy costs could have a… pic.twitter.com/fBZ60dhWlO — Otavio (Tavi) Costa (@TaviCosta) August 11, …
Since the debt ceiling crisis, the US has already added nearly $1.5 trillion in debt. Meanwhile, tax receipts are down sharply this year. We are spending more and making less, a recipe for disaster. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 6, 2023 US Government To …
Credit Crunch Alert! Rejection rate for Americans applying for credit – whether it’s a mortgage, new car loan, or a credit card – increased to 21.8%, the highest level since June 2018. Borrowing money is getting tougher, folks! — Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2023 https://t.co/KWFwz5TumF — Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2023 The …
US job openings fell in June to the lowest level since April 2021, suggesting some softening in demand for workers in an otherwise resilient labor market. pic.twitter.com/fXipTISecT — Cheddar Flow (@CheddarFlow) August 1, 2023
Kansas Fed Manufacturing Index plummets to -20 in July, signaling sharp contraction in the regions mfg activity. pic.twitter.com/98y7PpgAn1 — Don Johnson (@DonMiami3) July 27, 2023 Kansas Fed Composite Index edges up to -11 in July from -12 in June, but don't be deceived by modest gains. The economy remains entrenched in weakness. Beneath the surface, …
The US government interest payments on the Federal debt are now higher than the annual defense spending. This is likely the initial stages of a trend, and if no solutions are implemented, other components of the fiscal agenda may soon be constrained by the escalating cost of… pic.twitter.com/hBY2haxNyG — Otavio (Tavi) Costa (@TaviCosta) July 20, …
15% of new cars sold near end of 2022 have a $1,000 or higher car payment. A $700/mo car payment is a bad idea. A $1,000/mo car payment is a horrible idea. pic.twitter.com/UFyoALCXN6 — theficouple (@theficouple) July 5, 2023
“The German Yield Curve is the mot inverted its been in over 31 years. This may signal an impending recession. Also the German economy: -6.1% Inflation -Contraction in PMI from May to June -GDP forecasted to fall in Q2” Source: https://t.co/kognkNxLL6 — Genevieve Roch-Decter, CFA (@GRDecter) June 27, 2023 “WSJ: Germany has become a drag …
“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability or profit motivation to lend is minimal.” The last three recessions occurred when this proxy …