Independent thinking for complex markets and current events
by Michael Those that boldly proclaimed that the global energy crisis was over have been proven dead wrong. Within the past 24 hours, the Iranians have attacked numerous commercial vessels that were attempting to travel through the Strait of Hormuz. The Iranians have told the world over and over again that traffic through the Strait …
by Michael Now that the war with the Iranians appears to be fully back on, there will be no turning back now. President Trump just told reporters in the White House that “we’re going to be attacking them and attacking them very hard”, and so it should now be apparent to everyone that there isn’t going …
by Michael We are watching a slow-motion train wreck play out right in front of our eyes, and nobody can stop it. Every single day that the Strait of Hormuz remains closed, commercial oil inventories will get even lower and national strategic oil reserves will get even lower. Right now the global economy is using more …
Buckle up pic.twitter.com/Btz5dSdNdp — Darth Powell (@VladTheInflator) June 23, 2025 It boils down to this: In terms of condos, sales that closed in May fell further and hit the lowest point in the data, along with Lockdown May 2020, seasonally adjusted; supply spiked to the highest level since the Housing Bust. In terms of single-family …
Inventories of unsold new homes are surging. 👇🏼 pic.twitter.com/AwjX2ZL4RU — Kalani o Māui (@MauiBoyMacro) May 16, 2025 Student loan repayment fully resuming is a headwind for the housing market. Rental, more than sales. The scale of the impact is staggering. Student loan forbearance gave 40 million Americans ~$500/month for 5 years. Injecting ~$240 billion annually …
The trends in housing are not good in 2025. Rates are high, inventories are rising, and people are getting foreclosed on. California inventories are up 40%. pic.twitter.com/qxbnXntKDT — QE Infinity (@StealthQE4) May 13, 2025 Great fucking news, US rents are falling pic.twitter.com/xPS5xZydcE — Darth Powell (@VladTheInflator) May 12, 2025 30-Year Treasury Yield jumps to 4.89%, …
The Texas and Florida housing boom is turning into a nightmare. Inventory has tripled in just three years, and now these states account for 30% of all listings nationwide. But here’s the real problem—rushed construction, cut corners, and devastating health risks. Homes built between 2021 and 2024 are already showing serious structural issues, mold infestations, …
Once again, the disconnect between what the stock market is hoping and what the consumer is telling us, is striking. Retail inventories are climbing month after month, and revisions are upward. The consumer is spending less and less and retail inventory levels are climbing… https://t.co/bBT0uZf6Ym — Uncle Milty’s Ghost (@his_eminence_j) December 27, 2024 That’s just …
by Mike Maharrey Rapidly increasing industrial and military demand for silver is depleting global inventories, and the rate may well accelerate quickly. Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit this year. In 2023, the silver market charted a structural deficit of 184.3 million ounces. The …
🚨GLOBAL RECESSION ALERT🚨 Copper plummeted below $4.10 for the 1st time since Mar 2024, heading for the worst streak since the Pandemic CRASH. Copper fell for 9 days straight, as inventories SPIKED to highest since 2020. As a reminder copper is a key economic bellwether. pic.twitter.com/FGTB5A3fzt — Global Markets Investor (@GlobalMktObserv) July 25, 2024 ANOTHER …
Wholesale auto inventories continue to climb at a brisk pace and to new all-time highs pic.twitter.com/jFaLjMYGmi — Liz Ann Sonders (@LizAnnSonders) July 11, 2024
New car inventories have made a remarkable recovery from their pandemic lows. They’ve soared to 2.40 million from a mere 0.9 million. This substantial increase in inventory, along with the urgency to address rising floor plan expenses, is compelling dealers to adopt lower pricing and more assertive sales tactics. Additionally, 2024 could shape up to be a buyer’s market for new cars, with inventory …
by Michael How much longer will the Biden administration and the mainstream media continue to deny that we are in the midst of a very painful economic downturn? Debt levels have never been higher, delinquency rates are spiking, the commercial real estate market is crashing, the banking industry is mired in turmoil and large companies …
by Chris Black Last Friday the Secured Overnight Financing Rate (SOFR), a repo rate serving as the Fed’s new target reference rate , jumped 6 basis points (6 bps, 0.06) to above the Fed’s target range. SOFR measures (https://www.newyorkfed.org/markets/reference-rates/sofr) the median cost of Treasury repo borrowing. The jump not only caught most people off guard, …
By Charles Kennedy of OilPrice.com Chinese refiners switched from drawing to building oil inventories again in October, at a rate of over half a million barrels daily. That’s according to calculations made by Reuters’ Clyde Russell and based on official import and processing figures from Beijing. Russell reported that Chinese refiners were adding crude to inventories at a …
US weapon inventories are so low Biden is pressuring allies in the Pacific theater to send their shells to Ukraine. Biden is disarming every country that could possibly stop China from invading Taiwan- why? WAR: US weapon inventories are so low Biden is pressuring allies in the Pacific theater to send their shells to Ukraine. …
