Independent thinking for complex markets and current events
Realtors across America are in for a tough year in 2024, with a new legal settlements likely lowering their fees and commissions. Something that could result in hundreds of thousands of realtors quitting. Many renters are being evicted from their homes due to the increasing cost of renting a house. With 35% of the U.S. …
Free speech advocates around the world railed against a new Canadian law that could demand a life sentence for adults who violate speech laws on social media. Introduced last month, the Online Harms Act, or Bill C-63, would empower judges to imprison adults for life if they post views supportive of genocide. The bill would …
The #NationalDebt just surpassed $34.5 trillion, up over $100 billion so far in March. At this rate the National Debt will rise $300 billion during the month. That's a annual pace of $3.6 trillion. Rising deficits will likely push the National Debt over $40 trillion by next year! — Peter Schiff (@PeterSchiff) March 11, 2024 …
— At 3:06 he mentions the chronic disease epidemic in the U.S.A. that he states is debilitating 60% of the children in the U.S.A. h/t seasnake
The Joe Biden administration is finally taking steps to reduce the influx of illegal migrants at the country’s southern border – it is SECRETLY smuggling them in by plane. Thus, 320 thousand illegal immigrants have already entered the States. There is a special mobile application through which you submit an application for asylum, after which …
“𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚 – Georgia Judge is expected to disqualify Fani Willis from President Trumps Case Following a Tense Hearing. In a dramatic conclusion to the three-day hearing, Judge Scott McAfee is expected to expel Fani Willis from Donald Trump’s election interference case due to her romantic ties with a deputy. McAfee aim to issue the final …
Many Republican senators are openly saying a negotiated settlement will be necessary to end Ukraine’s ongoing war with Russia, as Speaker Mike Johnson resists a vote to send additional aid to the key U.S. ally. “The reality at this point that we have to confront is that that war ends with a negotiated settlement,” said …
pic.twitter.com/zBuGsneJeW — Monty Brewster (@KAB656) January 8, 2024 Reminder, the US government inflated home prices so high that people had to give up on owning, give up on retirement, give up on a family, just so old people could retire comfortably. The greatest transfer (theft) of wealth in human history pic.twitter.com/kMVVrTVWok — Darth Powell (@VladTheInflator) …
Oh boy. Global freight rate for containers just surged 61% this week. Not the time to celebrate the end of inflation. A second wave is likely underway. H/t @dailychartbook pic.twitter.com/X9K2DZJDWR — Otavio (Tavi) Costa (@TaviCosta) January 5, 2024
BY DAVID HAGGITH The old inflation monster is returning, and it looks “transitorily” familiar: The supply chain pressures that caused the ‘transitory’ part of inflation in 2022 may be about to return if the problems in the Red Sea and Indian Ocean continue,” said Larry Lindsey, chief executive of global economic advisory firm the Lindsey Group. “Neither the …
Google is actively engaged in advancing its AI model, but recent indications suggest that the tech giant is not just focusing on AI development for external applications but is also contemplating a significant shift in its operational structure. According to a recent report from The Information, Google is considering a substantial workforce reduction, potentially affecting …
Ukraine will likely receive it first shipment of advanced F-16s in the next few days, Dutch Prime Minister Mark Rutte told President Volodymyr Zelenskiy in a phone call as Kyiv seeks to disrupt Russia’s air superiority over Ukrainian skies amid continued battles on December 23 in the east and south of the country. “Today, I …
Highest call volume literally hit 42069. Thanks for calling the top. Highest call volume literally hit 42069. Must be a huge crisis in this pivot. byu/AdvancedLong inwallstreetbets 46% of S&P 500 components have an RSI that exceeds 70, the highest level since 1991 according to data compiled by Goldman Sachs That's just a bit stretched. …
Many banks are kept afloat by borrowing from a special short term rescue fund at the Fed. To date over $ 100 billion has been borrowed to keep the banks solvent. The banks are sitting on a keg of financial dynamite with over $ 650 billion in unrealized losses on Treasury securities in addition to …
SEMNAN, Iran — Walking at a brisk pace could significantly decrease the risk of Type 2 diabetes, new research explains. The study points out that increasing walking speed by just one kilometer per hour (0.62 mph) can correlate with a nine-percent drop in the risk of developing the most common form of diabetes. The research …
by Chris Black No one could have predicted this. Look out “cognitive dissonance” in the dictionary.
A large and extensive fissure has emerged in various locations in and around #Grindavík in #Iceland due to magma intrusion. Photos taken at 16:30 on Friday at the southwest corner of Grindavík reveal a shadowy development within the town limits. The fissure, previously known as Stamphólsgjá, has significantly widened, leading to soil collapse. This widening …
by TonyLiberty 1) Worsening job sentiment indicators suggest that employees are growing more pessimistic about the economy, the labor market, and their ability to find a job. • If job sentiment is weakening, it implies consumers will pull back on discretionary purchases. This can negatively impact GDP growth as spending slows. It also signals potential …
5.6 17 km Deep https://earthquake.usgs.gov/earthquakes/eventpage/us7000l8p5/executive At least 128 people were killed and dozens injured in Nepal when a strong earthquake struck the western area of Jajarkot, officials said on Saturday, as houses in the area collapsed and buildings as far as New Delhi in neighbouring India shook. The quake occurred at 11:47 p.m. (1802 GMT) …
Canada likely sitting on the largest housing bubble of all time, per Phillip Colmar Read more: https://t.co/AFsqM8RLbe — unusual_whales (@unusual_whales) October 27, 2023 https://twitter.com/JToyts/status/1716938306368532953 Additionally, there's growing concern about the looming burst of a long-overdue #housing bubble in Canada. High household debt, home price-to-rent ratios, and the interaction between these factors and a potential housing …
Financial winter is coming. h/t Mayhem4Markets
🚨BREAKING — TOM EMMER has told members of the House Republican Conference that he will seek the nomination for speaker. The Minnesotan is currently the No. 3 House Republican. He'll immediately become the frontrunner in this race. — Jake Sherman (@JakeSherman) October 20, 2023 Emmer will likely gain several Democrat votes. The Minnesota RINO was …
via Zerohedge: A panicking Joe Biden has realized that his best friends, now that oil prices are soaring again and the SPR remains largely drained, are tinpot banana-republic “dictators” (in the White House’s own words) like Venezuela’s Nicolas Maduro, and on Wednesday the White House suspended sanctions on Venezuelan oil, gas and gold production. But since it …
Small companies employ almost 50% of all US employees Any significant impact on these businesses would have severe consequences for employment From 2024 onwards, a lot of these companies will start to have refinancing requirements as their outstanding debt comes due The big… pic.twitter.com/ikidGowail — Bravos Research (@bravosresearch) October 18, 2023 Other announcements in the …
by Euro347 Wednesday, October 11, 2023 – Producer Price Index numbers are due Thursday, October 12, 2023 – Consumer Price Index Numbers are due. Just some data points to look at as we are going into this week. Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.0% in September from …
Bowman calls out she is in the rates higher for longer camp while leaving room to continue raising rates. She calls out the PCE index rising but fails to mention that it was being undercounted previously and is actually HIGHER going back the last two years and registered at 3.5% in August, still WELL above the 2% …
We had a good rally on Friday, but in the intermediate term, we’ll probably see downward pressure on the stockmarket. Additionally, a jump in WTI oil to $86.29 due to the attack on Israel will definitely not help in the short term. Higher oil prices will translate to higher cost of goods and keep inflation …
From the WSJ: A surge in interest rates likely worsened unrealized losses on bonds and loans held by U.S. banks in the third quarter, further straining their balance sheets as they face pressure to pay more to keep depositors. Unrealized losses were a key cause of Silicon Valley Bank’s failure in March, which spurred other …
