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BREAKING: John Fetterman to RESIGN from the US Senate effective at the end of the year, likely replacement to be his wife Gisele, according to inside sources within my home state of Pennsylvania. This comes at a time when speculation has arisen that Fetterman is not “up for the job”, …
via realinvestmentadvice: The Fed’s “soft landing” hopes are likely overly optimistic. Such was the context of the recent #BullBearReport, which discussed the long record of the Fed’s economic growth projections. To wit: “However, there is a problem with the Fed projections. They are historically the worst economic forecasters ever. We have tracked the median point of …
Major brands have pulled ads from Rumble, following the video platform’s refusal to censor or demonetize actor and podcast host Russell Brand over decade-old sexual assault allegations published this month in the U.K. media. Notably, YouTube, to much criticism, has banned Brand from monetization on all of his accounts over the allegations, though …
The CEO of Chevron predicts that oil will soon surpass $100 per barrel. This is one of the largest companies in the world. SPR is drained. China is loading up on oil. It's not the smartest look. — Gold Telegraph ⚡ (@GoldTelegraph_) September 21, 2023 $150 Oil 🛢 is SO …
by confoundedinterest17 Here are some bits and pieces about the US economy and interest rates. The Federal Reserve, the most powerful Socialist machine on the planet, is considering rate their target rate after some bad economic news. First, real median household income (released yesterday for 2022) showed a decline of …
I thought you might be interested in this. @Michael_Yon has been all around for years. https://t.co/4Bfz3lSakn — DeeStonk (@DeeStonk) September 12, 2023 According to Apollo, China's real estate market is now in recession territory. The China real estate climate index just hit its lowest levels since 2008. Meanwhile, Evergrande just …
by confoundedinterest17 Bidenomics is forcing Americans to live hand to mouth. Or as Lou Chrisite sang, “Lightning Strikes …. Americans” leaving them worse off under Bidenomics. The cost of living has been soaring, and our standard of living has been steadily going down. Coping with inflation is tough for American households where consumer …
Those size hurricanes can take out a lot of shit…. Tropical Storm #Lee will likely become the first Category 5 hurricane in the Atlantic in 2023 this weekend as it explosively intensifies. Some hurricane models suggest the storm could reach historically strong levels (170+ mph) as it moves through a …
Credit conditions are likely to worsen in H2 2023 Commercial bank deposits have been contracting sharply, pointing to a decline in lending pic.twitter.com/L2HRt5ZT1n — Bravos Research (@bravosresearch) August 30, 2023 High bond yields imperil America’s financial stability Don't forget, $140 billion in OCE loans by these banks are required to …
1970s inflation vs 2020s inflation: When you compare the inflation rates from 1972-1976, it’s almost identical to today. However, 2 years later we saw inflation spike to 11%. The peak inflation rate in the 1970s aligns perfectly with the 2022 peak. Are we about to see another… pic.twitter.com/SXwTUEdhh2 — The …
by confoundedinterest17 Preliminary benchmark revision smaller than some had projected Biggest payrolls adjustment in transportation and warehousing Are you surprised that the Biden Administration has been lying about job creation?? Not really since Biden compulsively lies about everything. Including his corruption. US job growth was probably less robust in the …
The fraud in the housing market is likely at an epic scale. https://t.co/K9NXaFXpXM — Darth Powell (@VladTheInflator) August 21, 2023 Reminder, the Federal Reserve from January 2023 found that there is so much occupancy fraud in the housing market that if they were counted correctly, it would increase the number …
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers will wish they had a map with more than one …
..CATASTROPHIC AND LIFE-THREATENING FLOODING LIKELY OVER BAJA CALIFORNIA AND THE SOUTHWESTERN U.S. THROUGH EARLY NEXT WEEK… …AIR FORCE RESERVE HURRICANE HUNTERS FIND THAT HILARY IS STILL A CATEGORY 4 HURRICANE… https://www.nhc.noaa.gov/?epac Hurricane #Hilary Advisory 12: Catastrophic and Life-Threatening Flooding Likely Over Baja California and the Southwestern U. S. Through Monday. …
BULLETIN Hurricane Hilary Intermediate Advisory Number 6A NWS National Hurricane Center Miami FL EP092023 600 PM MDT Thu Aug 17 2023 …HILARY BECOMES A MAJOR HURRICANE… Hurricane Hilary Discussion Number 6 NWS National Hurricane Center Miami FL EP092023 300 PM MDT Thu Aug 17 2023 https://www.nhc.noaa.gov/text/refresh/MIATCDEP4%20shtml/172056.shtml Hilary has an impressive …
There is a massive housing owner occupancy fraud scheme being unearthed and the more I review, the worst the news gets "They are 75% more likely to default on their mortgages than declared investors. And they are more likely to default than true owner-occupiers, too. This makes… pic.twitter.com/lpkup3F4ln — Darth …
Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to inflation, rising energy costs could have a… pic.twitter.com/fBZ60dhWlO — Otavio …
“New York City Mayor Eric Adams (D) has started moving border crossers and illegal aliens into recreation centers at parks in two of Brookyln’s ultra-liberal neighborhoods. Another migrant camp may soon be coming to Manhattan’s Central Park.” New York City Mayor Eric Adams (D) has started moving border crossers and …
https://twitter.com/Willamthe2nd/status/1688574110824026112
via dnyuz: Well, that didn’t take long. Like Threads before it, the network effect is at work for Apple’s new Savings account! Tech. Entertainment. Science. Your inbox. Sign up for the most interesting tech & entertainment news out there. Email: SIGN UP By signing up, I agree to the Terms of …
via eurekalert.org: A sociological study by the University of Zurich confirms that a considerable proportion of employees perceive their work as socially useless. Employees in financial, sales and management occupations are more likely to conclude that their jobs are of little use to society. In recent years, research showed that …
There's a third and most likely scenario in which the dollar implodes and Big Tech implodes at the same time. That's what happened in March 2020 and the set-up now is identical. pic.twitter.com/Qg1JXXawVr — Mac10 (@SuburbanDrone) August 1, 2023 A new risk that has emerged in the past month: If …
But even Services report points to severe contraction in economic activity: – Employment 53.3 (last 54.0)– Export orders 45.3 (48.6)– Price Pressure 60.4 (60.5) pic.twitter.com/zkpiC4vTQM — Mario Cavaggioni (@CavaggioniMario) July 24, 2023 WOW! #Germany's Manufacturing #PMI plummeted to 38.8, which points to outright #recession.Services held above 50.So, is this time …
by Cautious_Kamakazi The largest banks in the US are reportedly taking big hits to their bottom line as borrowers default on billions of dollars worth of loans. Citing data compiled by Bloomberg, the Financial Times says that JPMorgan Chase, Bank of America (BofA), Citigroup, Wells Fargo, Goldman Sachs and Morgan …
by InternationalTop2405 U.S. leading economic indicators for June -0.70% M/M & -7.82% Y/Y.
Earnings beyond the US are picking up, but whether this is organic growth or the product of a falling dollar is unclear, because the MSCI earnings estimates are all quoted in dollars. With the DXY decisively breaking through support, it likely is a factor to some degree. pic.twitter.com/Bwqyv4dEqu — Jurrien …
From the WSJ: Unrealized losses on bonds and loans held by U.S. banks are expected to have grown in the second quarter, potentially reanimating an issue that made investors nervous earlier this year. Meanwhile, pressure on profits is rising. A resilient economy and a steadier banking system caused market values …
by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” Growth of gross domestic product (GDP) …
Scientists use deep learning algorithms to predict political ideology based on facial characteristics. “A new study in Denmark used machine learning techniques on photographs of faces of Danish politicians to predict whether their political ideology is left- or right-wing. The accuracy of predictions was 61%. Faces of right-wing politicians were more …
