Independent thinking for complex markets and current events
by Michael The death of Pope Francis has created a firestorm of speculation about the next pope. There is no clear frontrunner, and all sorts of names are being thrown around. Many liberal Catholics are hoping for another liberal pope that will be able to continue the legacy of Francis, while many conservative Catholics are desperate …
The family of the kid who was stabbed in the heart in Texas were “swatted” last night He died in the arms of his twin brother So this would make a second swatting of the Metcalf family. The first was hours before the venomous racist press conference. Cops are doing this shit knowing full well …
This chart shows the median U.S. homebuyer housing payment on a median-priced home from January 2020 to April 2025, according to Redfin data. It starts at $1,484 in early 2020. It dips slightly to $1,688 by late 2020. Then it rises steadily, hitting $2,404 by mid-2022. It peaks at $2,555 in early 2023, then fluctuates, …
42% of mortgage refinance applications are being rejected, the highest rate in AT LEAST the last 12 years 🚨 pic.twitter.com/iWWzTkUrUz — Barchart (@Barchart) April 15, 2025
Last week’s trade data shows an incredibly bleak picture for the economy: – 49% drop in global container bookings – 64% drop in U.S. imports. – 30% drop in U.S. exports. The data from March 24-31, 2025, compared to the subsequent week (April 1-8, 2025), shows a dramatic decrease in pre-order quantities. The total number …
The inflation-adjusted yield on 30-year Treasuries hit the highest level since 2008 last week, at 2.7%. pic.twitter.com/gDjLYv7RNh — Lisa Abramowicz (@lisaabramowicz1) April 13, 2025 the dollar is fine they said.. yeah investors keep dumping debt and the dollar like a 3rd world country. pic.twitter.com/4odlHpSQBz — Alessio (@AlessioTMAD) April 14, 2025
Sorry folks, but even after today’s flip-flop, we’re still looking at the bigliest tariffs since the 1930s. pic.twitter.com/AZa9egjraK — Peter Berezin (@PeterBerezinBCA) April 9, 2025 Let me get this straight, every other country said they were willing to negotiate with Trump and reduce their tariffs to ZERO, so Trump put those negotiations on hold. Then …
The last time the market dropped 9.5% in two days, the Fed unleashed a multi-trillion bailout of the economy including $500BN in QE, $1 trillion daily repo and tens of billions in junk bond ETF purchases byu/RobertBartus inEconomyCharts
Reminder that 4chan is always right. Most of the time. byu/External-Noise-4832 inconspiracy
by Martin Armstrong Cuba is a tragic example of what can happen to a society under a Marxist–Leninist socialist republic—equal in poverty. New reports show that nearly a quarter of Cuba’s population has fled the nation in the past four years alone in search of economic opportunities. Such a mass exodus is usually only seen during times …
Kid Rock — ‘This was the most surprising part.’
Nasdaq 100: Risk off! The 5-week MA just crossed below the 50-week MA. Last time this happened, we saw a continuation of the downward trend. pic.twitter.com/ZNfIy7bXmR — Guilherme Tavares (@i3_invest) March 31, 2025 Ignore the mass layoffs, they’re not the story. Capital is rotating into oil, aerospace & defense – a lot of short-cycle, defensive …
The deputy’s passing marks the fourth suicide in just six weeks among current and former Harris County deputies, raising concerns about the mental health toll on law enforcement of
Dangerous Severe Storm Outbreak Packs Significant Tornado, Widespread Wind Damage Threats In South, Midwest The setup Friday through the weekend is a dangerous one in parts of the South, Midwest and East. Some tornadoes could be strong and widespread damaging winds are also a major threat. A dangerous outbreak of severe thunderstorms is expected to …
by confoundedinterest17 The US economy is gradually recovering from Bidenomics (government/donor dictated spending). Mortgage applications increased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 7, 2025. The Market Composite Index, a measure of mortgage loan application volume, increased 11.2 …
$375 Billion EPA Slush Fund Handled by Democrat Fixer John Podesta Gave Billions to Charities Founded Only Months Before The Biden administration funneled at least $20 billion dollars into environmental groups, most of which had only recently been founded, The Post has discovered. In one case, former Vice President Kamala Harris handed over a check …
The only thing that managed to get them on their feet was cheering for Ukraine, not for America. Isn’t that telling? They’re so blinded by their obsession with Trump that they can’t even show respect for their own country. It’s like they’ve completely forgotten what it means to put America first. Karoline Leavitt just ripped …
Authorities in Singapore detained three people on charges of deliberately misrepresenting the final destination of U.S.-manufactured servers. The servers likely contained Nvidia’s highly sought-after chips. Singapore accounted for 18% of Nvidia’s revenue in the fiscal year ended Jan. 28, based on “customer billing location,” but less than 2% of revenue in terms of products shipped …
BREAKING: In the last year, Nvidia, $NVDA, insiders have only sold. They have sold up to $1,602,674,927.72 in stock. There have been zero buys. pic.twitter.com/W9wLfEAiu0 — unusual_whales (@unusual_whales) February 26, 2025 This morning, before hopping on the NJ Transit train, I grabbed a bagel from my usual stall at the station. The stall guy handed …
The economic slowdown isn’t coming—it’s already here. Job market confidence is collapsing, growth expectations are slipping, and the data rolling in is far weaker than predicted. Yet, markets are still pricing in euphoria. That’s a recipe for disaster. Economic data is coming in weaker than expected even before the growth negative fiscal policies from the …
💢 At least three US federal agencies, including the Pentagon, FBI and State Department, told employees to ignore Elon Musk's request to document their weekly accomplishments or risk losing their jobs, reports say 📌 The Pentagon recently instructed staff to 'pause' any… pic.twitter.com/wEVCNGi73l — Anadolu English (@anadoluagency) February 23, 2025 Update (1647ET): Following Elon Musk’s …
Humane, which made wearable, AI-embedded pins, is shutting down the devices it had sold and pawning off its software, patents and employees to Palo Alto tech giant HP Inc. The deal, which Humane said in a Tuesday press release will close at the end of February, marks the end of the line for a startup …
Imagine what would happen to you if you didn’t ever show up to your job? Incredible work @epaleezeldin. https://t.co/quyMac0nAn — Donald Trump Jr. (@DonaldJTrumpJr) February 18, 2025 🚨🇺🇸 $149 BILLION MISSING: THE WASTE DOGE IS HUNTING The numbers are staggering: $149 billion in improper government payments last year alone. That's enough to fund NASA for …
by confoundedinterest17 I call this the house latitudes. Horse latitudes is a belt of calm air and sea occurring in both the northern and southern hemispheres between the trade winds and the westerlies. And when the ships motion stalled, the crews would jetison their cargo of horses to the delight of sharks! So, we are in state of HOUSE latitudes …
California homeowners were just reminded that the financial backstop of last resort for houses destroyed by wildfires is … other California homeowners. It’s a sign of what’s in store for the rest of the country when too many homes lack adequate protection from the growing risk of natural disasters. Last week, surprising no one, California’s …
In today’s forecast, we’re tracking a huge winter storm this weekend, followed by what could be the coldest weather in years next week! This weekend’s storm will bring heavy snow from the Central Plains to the Northeast, while the South faces a severe weather outbreak, with the risk of damaging winds, large hail, and tornadoes. …
Over the last 4 years, egg prices have increased 238%, the largest 4-year increase in history byu/IAmNotAnEconomist inFluentInFinance
Costco’s stock price is a gravity-defying spectacle, but the laws of parabola always win. A grocery store, no matter how beloved, should not be trading at a P/E of 62. That’s not sustainable; that’s euphoria. Every bubble looks justified until it bursts, and when reality sets in, valuations will find their way back to sanity. …
