A hub for independent voices and hard truths
Meanwhile: China reported record levels of silver imports. pic.twitter.com/LYYP7JYZXd — Otavio (Tavi) Costa (@TaviCosta) August 15, 2024 In 2022, China exported $3.75 billion worth of silver, making it the largest exporter of silver globally. The main destinations for Chinese silver exports were Hong Kong, Turkey, Thailand, India, and Japan. On the import side, China brought in $1.1 billion worth of silver, ranking as the 10th …
by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% …
41% of Russell 2000 companies now have negative earnings This number is up more than 2x since 2006 And is comparable to levels seen during the peak of 2008 Financial Crisis This is not sustainable pic.twitter.com/CTN5a9ayaw — Bravos Research (@bravosresearch) August 8, 2024 Certainly not ruling out the summer 07 …
The economy is teetering on the edge of a recession, with the unemployment rate skyrocketing up to 4.3% from its low last year. Moreover – 7.2 million Americans are now unemployed.
Kamala Harris said “every day” she has been working to "reduced heating and electricity bills so folks have more money in their pocket” When she said this – Electricity was up 11.9%– Fuel oil was up 27.7%– Natural gas was up 26.7% American won’t survive 4 more years of lies …
WARNING: Housing defaults have skyrocketed Such a run-up was last seen during the Financial Crisis pic.twitter.com/KcDppiC6Lz — Bravos Research (@bravosresearch) July 19, 2024 Housing Affordability Continues to Erode The latest data on housing affordability paints an increasingly challenging picture for American homebuyers. As of July 2024, the median household would …
The U.S. debt-to-GDP ratio is indeed approaching levels seen during World War II. The highest debt-to-GDP ratio in U.S. history was around 120% at the end of World War II. As of recent data, the debt-to-GDP ratio for the U.S. is approximately 115.7%, which is very close to that historical peak.
2YR/10YR Treasury spread steepening in response? Buckle up! — B_radRiffs (@B_radRiffs) July 9, 2024 WASHINGTON (AP) — U.S. job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite high interest rates and signs the economy is slowing. The Labor Department reported …
JUST IN 🚨: Warren Buffett Indicator hits 195%, the highest level in history, surpassing the Dot Com bubble, the Global Financial Crisis, and the 2022 Bear Market pic.twitter.com/SAE5MbHTlY — Barchart (@Barchart) July 9, 2024 The Warren Buffett Indicator, a metric favored by the legendary investor Warren Buffett, has surged to …
The national Association of realtors has been keeping track of pending home sale data since 2001 and May 2024 was literally the worst month on record since then. Pending home sales have now fallen into an all-time low in this supposedly fantastic housing market. I think the data speaks for …
Over the same period, the US has gained tech jobs (albeit at a much slower rate), thus growth in non-California tech employment has outweighed all the losses within the Golden State But that means in most subsectors California's share of US tech jobs has now fallen dramatically pic.twitter.com/pZACFn1Rhu — Joey …
(RTTNews) – A report released by the Conference Board on Friday showed its reading on leading U.S. economic indicators fell by more than expected in the month of May. The Conference Board said its leading economic index decreased by 0.5 percent in May following a 0.6 percent decline in April. …
BEWARE: Housing defaults have just hit the highest levels since 2011 This is not looking good pic.twitter.com/lFqQMxpVNt — Bravos Research (@bravosresearch) June 19, 2024 Here's a comparison of home prices through 23 & 24 months since cycle peaks. 2006-08 vs 2022-24 on left. On the right is months 25 and …
Although most US homeowners are immune from higher mortgage rates because they have fixed-rate mortgages, that’s not true for other types of credit. The delinquency rate on credit card loans is now the same as it was in 2010, a year when the unemployment rate was over 9%. pic.twitter.com/Nu2aobWKeB — …
The U.S. population growth has slowed over the years. The current birth rate in the United States for 2024 is 12.009 births per 1000 people, representing a 0.12% decline from the previous year. During the Great Depression of the 1930s, the American birthrate fell to its lowest point yet, with just 18.4 live births per thousand population. The …
by dkrich People will explain this away in various ways but the reality is that throughout history when the yield on the S&P 500 gets to relative extreme lows, forward returns are very poor. The bottom line is that the market is very expensive right now. The yield can (and …
Semiconductor Stocks are now outperforming the S&P 500 by the largest margin since 1998 👀 pic.twitter.com/tGPNg65kjp — Barchart (@Barchart) June 11, 2024 US equity momentum … reached near 100yr records in early 2024." BofA pic.twitter.com/Or9N0PVZeB — Win Smart, CFA (@WinfieldSmart) June 10, 2024
Credit card delinquencies have surpassed pre-pandemic levels and continue to rise. Severe credit card delinquencies, those 90 days overdue, have now climbed to 10.7% — the highest since 2012, per CNN. — unusual_whales (@unusual_whales) June 6, 2024 Credit card delinquencies have surged beyond pre-pandemic levels. According to the Federal Reserve …
Samples have revealed high levels of Trifluoroacetic acid in ten European countries’ water supplies. A joint survey of 23 surface and six groundwater samples from ten EU countries has unearthed high levels of a largely unknown and unregulated “forever chemical”. The concerning levels of Trifluoroacetic acid, or TFA, were detected …
by confoundedinterest17 Not so Sweet Home Chicago! After unexpectedly slumping last month to 37.9, the Chicago PMI index cratered even more unexpectedly in May, when it defied hopes of a rebound to 41.5, and instead tumbled even more, sliding to a cycle low of 35.4 which was not only below the lowest …
US housing has become the most expensive in history: The median sale price of houses sold in the US hit another all-time high of $387,600 in May, measured as a 4-week average. Prices increased 4% year-over-year and exceeded the June 2023 record. Since 2021, the median home… pic.twitter.com/K9ltjcfI85 — The …
Rep Jodey Arrington criticizes Joe Biden’s budget proposal by alleging that it will lead to record levels of government spending, borrowing, and taxation, potentially exacerbating inflation, interest rates, and living costs for working families. It expresses concern that these policies could steer the country toward economic instability and a sovereign …
The S&P 500 is near an ATH while the S&P 500 Earnings Yield has collapsed and is at 2008 levels and still moving lower. 👇🏼 But please, tell me how all this is bullish. pic.twitter.com/PCS1zak6lz — Kalani o Māui (@MauiBoyMacro) May 20, 2024 Nvidia earnings will be the apex of …
You couldn’t possibly be referring to them simply not admitting everything was on fire… h/t Calm_Improvement659
In a jaw-dropping display of regulatory spending, the Biden administration allocated a staggering $875.3 billion in just one week, coming dangerously close to surpassing President Obama’s total regulatory expenditure over two terms. This unprecedented surge in spending, driven primarily by climate change initiatives, has sparked concerns about fiscal responsibility and …
The world is witnessing an alarming escalation in gold reserves, hitting levels not seen since the tumultuous 1970s. Central banks have amassed a staggering 21% increase in gold holdings over the past 13 years, surpassing even pre-Nixon era levels. Official world gold reserves have reached 1,170 million fine troy ounces, …
This is nothing short of a crisis for young Americans. The staggering increase in debt levels among Gen Z, coupled with stagnant earnings, paints a grim picture of financial stability for the next generation. It’s alarming to see that despite earning less, they’re saddled with significantly more debt than Millennials …
Credit card charge-offs and liquidations have hit their highest rate since 2008 for credit card issuers such as Capital One and Discover, a concerning sign for the outlook of the US economy. The Federal Reserve is starting to sign alarm bells about this. Recent reports from card issuers, including AMEX …
Heads up for anyone else who drinks it. Martinelli’s apple juice recalled over high arsenic levels, sold at Whole Foods, Kroger and more The beverage maker asked retailers to check inventory and pull it from S. Martinelli & Co. stated in a recall notice dated April 16, 2024, that the …
Unprecedented disparity emerges between French CPI and PPI, with the latter contracting to levels resembling 2008. Meanwhile, Italy experiences a decline in its inflation rate, recording a growth of 0.2% in April, below market expectations, signaling potential economic challenges ahead. A larger gap between French CPI & PPI (Y-o-Y %) …