Independent thinking for complex markets and current events
Are you prepared for the massive job losses that are coming to certain industries?! In this video, we’re going to explore the industries that are most at risk of job losses and what you can do to protect yourself from the impending doom. From automation to economic shifts, we’ll dive into the reasons behind these …
Big Oil says the music has stopped playing in Texas. CapEx plans RIP. New drilling RIP. Layoffs next. pic.twitter.com/OhB16MxTXo — Spencer Hakimian (@SpencerHakimian) May 7, 2025 What did I warn about last night? Why do you think OPEC increased production Monday? To shut down ours and then have pricing power. https://t.co/DPyqUfi55p — QE Infinity (@StealthQE4) …
And now, it is showing up in the hard data. Credit card transactions began falling in a highly unseasonal manner in the last week of April. Spending slows down, layoffs speed up. It’s just that simple. pic.twitter.com/I7zBVDie5u — Spencer Hakimian (@SpencerHakimian) May 5, 2025 Bonds are setting up the ultimate catch-up trade. All the hard …
This expansion includes costs associated with workforce reduction due to automation, centralization and simplification, and corresponding facility costs related to a reduction of our real estate footprint globally. On an overall basis, the expansion is expected to result in a *total net reduction of approximately 2,000 positions, an increase of approximately 1,600 positions from the …
More mass layoffs, this time at $UPS https://t.co/qLD0SlWzdE — Markets & Mayhem (@Mayhem4Markets) April 29, 2025 UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes UPS’s stock jumps after earnings beat expectations, but full-year outlook wasn’t updated given economic uncertainties https://www.marketwatch.com/story/ups-beats-earnings-expectations-but-outlook-wasnt-updated-given-uncertainties-91bc5f1f?mod=home_ln March JOLTS job openings down to 7.192M vs. 7.5M …
In an ominous harbinger for the ISM manufacturing release later this week, the new order components of the regional Fed PMIs have collapsed deep into recessionary territory. pic.twitter.com/kjt4jiFGYQ — Peter Berezin (@PeterBerezinBCA) April 28, 2025 I speak with many CEOs who prefer not to have their names or companies mentioned, fearing how it could be …
via Mike Shedlock: In a rare, unified message, auto groups warn Trump about tariffs. CNBC reports Auto groups lobby Trump administration against parts tariffs Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts that are set to take effect …
They’re the fixers, the ones who step in when Affordable Care Act enrollees have a problem with their coverage, like a newborn incorrectly left off a policy or discovering that a rogue broker had signed them up or switched their plan without consent. Specially trained caseworkers help resolve such issues, which might otherwise cause consumers …
The pressure is not just building. It is bursting through the seams. More than 5,300,000 student borrowers are now in default. Another 4,000,000 are about to be hunted down when federal collections resume on May 5. These are not small figures. They represent lives unraveling under debt that was never meant to be repaid in …
https://www.youtube.com/watch?v=R9IYckUq64A https://www.youtube.com/watch?v=DNDHHwLW6sE https://www.youtube.com/watch?v=zCNu5dWcQKo https://www.youtube.com/watch?v=oTo4FJ44Fwc https://www.youtube.com/watch?v=KXkXMTc73fo
🚨The US labor market is not healthy: The average weekly hours came at 34.2 in March, the second-lowest in 5 years. Americans work the least hours in aggregate since the 2020 crisis and in line with the Financial Crisis. This means employers reduced hours to avoid layoffs. pic.twitter.com/JaoH5rrna3 — Global Markets Investor (@GlobalMktObserv) April 11, …
IBM Layoffs 2025: The tech world was shaken this week as IBM announced plans to lay off approximately 9,000 employees across its US operations while simultaneously listing thousands of new positions in India. This strategic shift represents one of the largest workforce restructurings in IBM’s 112-year history and signals a dramatic change in how global …
by Michael I am trying to find the words to describe the economic carnage that we are witnessing right now. Even before President Trump unveiled his new tariffs, the U.S. economy was rapidly heading in the wrong direction, layoffs were soaring, and stock prices were steadily falling. But now it is as if enormous amounts of gasoline have been …
by Michael I am trying to find the words to describe the economic carnage that we are witnessing right now. Even before President Trump unveiled his new tariffs, the U.S. economy was rapidly heading in the wrong direction, layoffs were soaring, and stock prices were steadily falling. But now it is as if enormous amounts of gasoline have …
Cell phone tower shut down at elementary school after eight kids are diagnosed with cancer https://t.co/Y5cHATGbNk — Dr Dave Cartland BMedSc MBChB Ex-MRCGP (@CartlandDavid) April 2, 2025 The affected students at Weston Elementary School in Ripon are all under the age of 10 They each have different types of cancer: brain, kidney, liver and lymphoma …
by Michael Have you ever not been able to sleep at night because you are stressed out about your finances? If so, you are certainly not alone. When there is simply not enough money coming in to pay all the bills, the pressure can be excruciating. The cost of food, housing and other essentials has been …
The damage to the economy is becoming undeniable as we face government layoffs, spending cuts, tariffs, and increasingly strained international relations. The Trump administration’s policies have angered some of our closest allies, deported countless individuals, and led to the harassment of international travelers—some even facing imprisonment at the border. The economic fallout is beginning to …
4/ Trump even stated he wouldn’t rule out a recession in 2025 That added fuel to the sell-off as investors reassess US economic growth Especially under a president who is less focused on short-term economic prosperity pic.twitter.com/M3lDTxZm1Y — Bravos Research (@bravosresearch) March 22, 2025 6/ Google Trends data shows searches for "recession" have spiked to …
Officials at agencies throughout the Department of Health and Human Services say they are bracing for steep layoffs, as Secretary Robert F. Kennedy Jr. and his aides are nearing their final decisions on a sweeping restructuring of the department. Decisions by Kennedy and his team on the changes to the department’s makeup and organization are …
by Mike Shedlock Union contracts are at the heart of the problem. Chicago coming up. Full Blown Crisis Please note L.A. city budget shortfall grows to nearly $1 billion, with layoffs ‘nearly inevitable’ L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now …
Feds: pic.twitter.com/WPERDG22oi — bossbabymom1 (@bossbabymom1) February 21, 2025
The Federal Emergency Management Agency (FEMA) has recently faced significant staffing reductions. Over Presidents Day weekend, approximately 200 probationary employees were let go, and the agency is now working on further employee reductions. According to internal emails and interviews obtained by POLITICO’s E&E News, FEMA has been instructed to identify additional personnel cuts, particularly targeting …
Some federal employees who have been laid off were reportedly given only 30 minutes to pack their belongings and vacate federal offices. Federal agencies were ordered by Donald Trump to fire mostly probationary staff, with as many as 200,000 workers set to be affected and some made to rush off the premises, the Washington Post …
Ai isn’t actually replacing many. Just PR spin for layoffs and declining business — xsoundwaves (@xsoundwaves) January 10, 2025 https://twitter.com/UnfiltdTruth/status/1877533148092735641
Germany’s solar industry is in “a lot of distress” a new report from Financial Times highlighted last week. A slump in consumer demand has led to bankruptcies and layoffs in Europe’s largest rooftop solar market. Many installation and distribution companies have gone under, been acquired, or had to change strategies. The oversupply of panels has …
MSNBC hosts Chuck Todd and Joy Reid have unexpectedly started criticizing Democrats, raising eyebrows as mass layoffs loom following NBC parent company Comcast’s announcement to spin off the network into a new entity called SpinCo. The move comes amid plummeting ratings for MSNBC since Donald Trump’s victory in the 2024 election. With the network struggling …
Middle managers are in a tough spot right now. They’ve been a target for layoffs as companies look to lean out their organizations, but that doesn’t look like it’s changing (in the short term). The reduction of middle managers has been a theme of the last 2 years so there are less decision makers between …
Netflix employees LOSING benefits, Village Roadshow can’t pay their bills, and a set construction company goes OUT OF BUSINESS!
