Independent thinking for complex markets and current events
Bloomberg’s Ilena Peng reported Saturday that cotton’s “demand from U.S. manufacturers is on an unrelenting — and accelerating — decline. There were nearly 900 U.S. cotton mills operating around the time of the Chicago expo (in 1893). That number is today around 100, the National Cotton Council estimates, after eight closed in the last five months of …
Reading insurance trade magazines isn’t everyone’s idea of a great time, but every Californian should pay attention to the latest news in that arcane world. “State Farm to pull out of 72,000 California insurance policies,” blared a Reinsurance News headline. State Farm provides nearly 21 percent of state homeowner policies, so this is big news. Last year, …
from Fox News: The Biden administration finalized long-awaited regulations targeting emissions generated from heavy-duty vehicles, including trucks and buses, the latest salvo in President Biden’s sweeping climate agenda. The Environmental Protection Agency announced the new regulations Friday morning, and officials said they represent the strongest-ever greenhouse gas emissions standards of their kind. The rules will …
WASHINGTON (AP) — The young voices in the messages left for North Carolina Sen. Thom Tillis were laughing, but the words were ominous. “OK, listen, if you ban TikTok I will find you and shoot you,” one said, giggling and talking over other young voices in the background. “I’ll shoot you and find you and …
He Xiaopeng, the CEO of XPeng Motors, predicts a “bloodbath” against America’s auto industry with the help of cheap China-made electric vehicles (EVs). Over the weekend, former President Donald Trump was campaigning in Andalia, Ohio, when he warned that without fierce new United States tariffs on China-made EVs, the American auto industry will face “a …
via naturalnews America’s cattle ranchers have bad news for the American public: Most of the meat you and your family are eating is corporate-owned by entities outside the United States. It turns out that just four large mega corporations own 85 percent of the cattle industry. Of these four, two are foreign-owned, and one of …
The Biden administration is expected this week to finalize highly anticipated regulations targeting gas-powered vehicle tailpipe emissions, considered the tip of the spear in its efforts to electrify the transportation sector. The Environmental Protection Agency (EPA) is slated to issue the final rulemaking — which officials have boasted will incentivize greater adoption of electric vehicles …
BRUSSELS (Reuters) – The European Commission will propose on Tuesday ways for the European Union to boost its arms industry so it can shift to “war economy mode” in response to Russia’s invasion of Ukraine. Thierry Breton, the European industry commissioner, will lay out proposals to encourage EU countries to buy more weapons together from …
The Chinese EV industry may have little choice but to square off in a potential fight to the death, according to the billionaire co-founder of Xpeng. No matter who wins, though, their Western peers stand to lose. As China’s carmakers pursued profitable growth in the West, the country took Japan’s crown as the largest automotive …
“Important Info About Americans Being Scammed By The Food Industry FDA Only Requires Grass Fed Beef To Be Fed Grass The Last 30 Days Of Its Life Things Are Being Labeled “Non-GMO” That Aren’t Even Available As Genetically Modified Just To Up Charge Genetically Modified Food Running Rampant In America & We Wonder Why Everyone’s …
The US banking industry is undergoing a major transformation, as more banks are getting downgraded by credit rating agencies and facing growing financial risks and challenges. The downgrades reflect the deteriorating conditions and outlook of the banking sector, which has been hit by a series of shocks and crises. Today, we will examine these downgrades …
No joke. He really thinks you are that stupid, America. After driving up the price of food 33 percent in three years thanks to his disastrous inflationary policies, Joe Biden is portraying himself as standing up for the little guy by attacking the snack food industry over “shrinkflation”, selling smaller packages at the same price …
STOCKHOLM—Volvo Car said it won’t provide further funding to Polestar, the electric-car maker it created with Volvo’s Chinese owner Geely—the latest EV retrenchment by the global auto industry. The auto industry’s pivot to electric vehicles has been rocked by setbacks this year, just as a flood of new battery-powered models is hitting showrooms. Earlier this …
The last time I checked on the pandemic of avian flu/bird flu, which has an enormously high infection fatality rate, the disease was poised to become endemic and was beginning to cross over into other species. There have been some recent developments that are troubling. Reports show that the avian flu has hit the Northern California poultry industry hard. …
In a distressing turn of events, the US government, having already targeted family farms, is now setting its sights on the fishing industry, striking at the heart of our food sources. A new regulation from the Biden Administration is not only making it financially burdensome for fishermen but also threatening the very existence of established …
by Trump2052 Lumber mills are closing left and right and is early similar to ’08. Stock prices are still at multi year highs and Q4 earnings release in two weeks which could show a major pivot. Banks Lumber Mill Closing Boise Cascade Closes Lumber Mill Boise Cascade Layoffs International Paper Closes Pulp Plant
We’ve talked before about how the DEI agenda is infecting the airline industry and putting all of our lives in jeopardy. It turns out the rot is much worse, and goes much deeper, than you know or want to know. “I googled it” is definitely a line every experienced pilot wants to hear from an …
New documentary exposes wind industry’s harmful impact on whales, contradicting denials by government and media. Evidence shows increased offshore wind activity correlates with rising whale deaths, challenging claims of no direct link. Illegal noise levels from wind industry activities threaten critically endangered North Atlantic right whales. Scandal reveals corrupted political, regulatory, and media entities supporting …
Insolvency experts predict a surge in business failures in 2024, citing high borrowing costs and economic challenges, especially impacting tech, construction, and retail. via Yahoo: “More big firms are likely to go bust next year amid the “double whammy” of high borrowing costs and pressure on consumer budgets, according to insolvency experts. Administrators and restructuring …
via naturalnews: Ongoing efforts by the powers that be to stop the current financial Titanic from sinking are failing as banks in the totality of 2023 cut more than 60,000 jobs. The collapse earlier this year of First Republic Bank, Silicon Valley Bank and Signature Bank prompted the private Federal Reserve and other central banks to facilitate the mega-merger of Credit …
View post on imgur.com David Ayer is weighing in on the audience response to movies these days and how it’s changed from a time when he says filmgoers applauded success. “I remember a time before,” the Suicide Squad director said in a post shared on X. “A time when audiences applauded success. Not cheering on …
via Yahoo: The media industry has been rocked this holiday season by news of newsroom layoffs as outlets downsize to combat volatility in advertising, after an already-brutal year of job cuts. In the last month alone, Condé Nast, G/O Media, Vice Media and Vox Media have all cut staff, most of whom already had layoffs …
by Anonymous The three tiers of insurance are, generally, directs (Geico, Progressive), mutuals (allstate, american family etc) and the Nationals (Nationwide Chubb etc) 1) You don’t hear much about group 1 anymore because their business is tanking…going away. It worked for awhile but now they are about the same cost structure as group 2 but …
by Cr4ck3r51 I’m a wholesaler in Dallas , been in business for 11 years strictly in wholesale. We supply cars to local dealers, since September we used to run 130 cars a week and now we barely running 80 , we went from selling 80% of inventory to 20%-30%. Our volume went down, we can’t …
The car market in a nut-shell: 1) Interest rates at 20-year highs. 2) Consumer savings depleted. 3) Vehicle prices slowly normalizing (with some exceptions). And yet… sales volumes are fine. The real looming issue in the industry right now? Undoubtedly margin compression.… — Car Dealership Guy (@GuyDealership) November 21, 2023
Eurozone data paints a bleak picture of economic distress: retail sales plummet, wages pose risks, but savings have drained, financing is tight, and uncertainty looms, likely leading households to curb spending. Germany’s industry remains in a slump, facing weak demand and declining production. Despite a glimmer of hope in high order stocks, urgent concerns persist …
The media landscape continues to face severe challenges, exemplified by The Washington Post’s decision to cut 10% of its staff, indicating a substantial financial loss exceeding $100 million this year. The broader trend is evident as over 25% of all U.S. newspapers (daily and weekly) folded in the past 15 years. Newspaper advertising revenue mirrored …
The past week has been marked by worrying developments for the state of the green energy industry, suggesting that President Joe Biden’s sweeping climate agenda could be imperiled. Offshore wind companies are cancelling projects and executives are sounding the alarm on the state of the industry, while solar companies and indexes have seen their value continue a …
Giorgia Meloni has made Italy the First Nation in the world to ban synthetic meat… Italian people and they will not allow Bill Gates to destroy their food industry 🇮🇹 pic.twitter.com/pfabHlkuB5 — Pelham (@Resist_05) October 20, 2023 Dutch political commentator, Eva Vlaardingerbroek: Unelected globalists are using the pretext of "reducing nitrogen emissions" to shut down …