Independent thinking for complex markets and current events
by Mike Shedlock A judge accuses Trump of defying a court order. Surprise Not. Judge Finds Trump Administration Violated Court Order NBC Reports Judge Finds Trump Administration Violated Court Order Halting Funding Freeze A federal judge in Rhode Island on Monday said that the Trump administration had violated his order halting a sweeping federal funding freeze and ordered …
DJT filed to create ETFs tracking bitcoin and different US sectors (manufacturing etc.) – https://www.reuters.com/technology/trump-media-files-trademark-investment-products-targeting-bitcoin-us-industries-2025-02-06/ They also gave key cabinet members like Kash Patel (next FBI director), Linda McMahon (Secretary of Education) and Robert Lighthizer (US Trade Negotiator for Trump) 1MM in stock vesting through 2027 – https://www.bloomberg.com/news/articles/2025-02-04/kash-patel-s-800-000-trump-media-award-raises-conflict-questions-for-fbi-pick (Non paywall – https://archive.ph/YrE76) and https://ir.tmtgcorp.com/financials/sec-filings/ h/t …
Price Increases over last 4 years…CPI Medical Care: +9.5%CPI Apparel: +12.0%CPI New Cars: +19.0%CPI Used Cars: +19.6%CPI Food at home: +22.7%CPI Shelter: +24.4%CPI Food away from home: +25.1%CPI Electricity: +28.2%CPI Gas Utilities: +31.6%US Home Prices: +38.3%CPI… — Charlie Bilello (@charliebilello) January 15, 2025 BLS reports inflation accelerated to 4.8% annualized. They're handing Trump a lit …
The Commodity Futures Trading Commission (CFTC) has unexpectedly announced that Clark Hutchison, the Director of the Division of Clearing and Risk, will be stepping down from his position on January 15. This announcement, made with just a couple of days’ notice, has stirred considerable interest given Hutchison’s pivotal role in managing one of the CFTC’s …
US Debt Growing by $1000 billion every 100 days pic.twitter.com/O1UwAch94y — Willem Middelkoop (@wmiddelkoop) December 26, 2024 On the next advancing cycle in gold towards $2,900, I expect senior gold miners GDX test $48 mark. Gold $3,400, GDX to $65. This is my personal view… pic.twitter.com/kr0MTHUkGo — Rashad Hajiyev (@hajiyev_rashad) December 26, 2024 Behold the …
If we are at the beginning or middle of a bull market like some here say, then why are there so few new public offerings? The lack of IPOs is one of the biggest tells that we are at the end of the cycle. 👇🏼 pic.twitter.com/GXkpY1AI1T — Kalani o Māui (@MauiBoyMacro) December 18, 2024 Dial …
One of our most legendary @MacroEdgeRes calls to date was our global employment forecast for Canada from March of 2023. — Don Johnson (@DonMiami3) December 10, 2024 Canada is in a silent depression. 🤫🇨🇦 Pay attention to all the clues. 👇🏽 pic.twitter.com/LfpreO8ZnI — EconomicWoes 🤖 (@ManyBeenRinsed) September 14, 2024 Imagine dropping 1.8M on a house …
AMAZON’S $25 FLIGHTS: HOLIDAY MAGIC OR FASTEST FINGER WINS? If you’re 18-24 and need a cheap ticket home, Amazon and StudentUniverse are offering 5,000 one-way flights for $25—because even Santa knows flights are ridiculous right now. Starting Dec. 9 at 10 a.m. PST, Amazon will drop 1,000 tickets daily through Dec. 13. Travel anytime between …
‘This is not a position I seek lightly.’ Democratic Rep. Alexandria Ocasio-Cortez of New York formally announced her bid to lead her party on the House Oversight and Accountability Committee in the 119th Congress on Friday. Ocasio-Cortez is now set to run against Democratic Rep. Gerry Connolly of Virginia to replace the committee’s current ranking …
Beijing’s curbs follow latest US limits on Chinese chip sector Exports of gallium, germanium to US already stalled Antimony prices surge this year as China stifles exports Dec 3 (Reuters) – China on Tuesday banned exports to the United States of the critical minerals gallium, germanium and antimony that have widespread military applications, escalating trade …
Russia has proposed that BRICS member countries create their own precious metals exchange in a move that could upend the long-established international pricing mechanisms for gold, silver, platinum, and other precious metals. The news comes on the heels of Wednesday’s declaration adopted by the leaders of the BRICS countries supporting an increase in the exchange …