A hub for independent voices and hard truths
The sector rotation is screaming recession louder than any headline.$XLY down 5.6% in a month. Financials down 6.1%. Healthcare down 6.8%. Meanwhile energy ripped 7.6% higher. That's a 13 point spread between energy and consumer discretionary. Costs rising while demand …
by Michael Hundreds of millions of people all over the western world are enjoying the holiday season as if nothing has changed. But meanwhile the pounding of the war drums just continues to intensify. If the world keeps going down …
23 states are now in a recession and 11 more are close to it. The last time this many states entered recession at once was 2008. Back then, unemployment hit 10% and foreclosures doubled within 18 months. byu/TonyLiberty inFluentInFinance 23 …
Nvidia just crossed $5 trillion, and the world barely looked up. It’s the kind of number that should freeze you for a second. A single company now holds more paper value than the entire economy of Germany. It’s larger than …
Builders are spending 13.3% of home prices on buyer incentives—the highest since the 2009 crisis. “Major builders are now spending 13.3% of home prices on desperate buyer incentives—the highest since the 2009 financial crisis.” D.R. Horton reported a 10% year-over-year …
This is what slow-motion collapse looks like. M2 is ripping, debt is spiking, and faith in fiat is circling the drain. Banking Crisis: Lender of Last Resort 2023 was three times worse than the 2008 GFC. The next crisis will …
Bank of America calling for ATH pic.twitter.com/02CKeH2VjO — TT3 (@TradingThomas3) May 20, 2025 Perhaps the real reason the Fed has been reluctant to cut interest rates is that FOMC members realize that doing so will result in long-term rates rising. …
Markets are moving like nothing’s wrong, but the signals underneath are flashing in every direction. In just two hours, we had the White House deny any tariff delay, labeling headlines as fake, and Trump floated another 50 percent tariff hike …
Several critical financial measures continue to drop, reaching rather obscene comparisons. At first, that doesn’t seem to make any sense; how would today be seen as similar to February 2009, for example. However difficult the economy is now, it certainly …
by Midweek Memo Compared to What the Fed Is Doing, What Powell & Company Are Saying Doesn’t Make a Lick of Sense The central bankers at the Federal Reserve are saying one thing and doing another. They’re telling us that …
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence. “We believe the risk that China will miss the ‘around 5%’ full-year GDP growth target is on the rise, and thus the urgency …
by Mike Maharrey Jerome Powell says the economy is in “solid shape.” Jerome Powell says inflation is still elevated. Jerome Powell says he doesn’t see a recession risk. And yet the Federal Reserve just supersized its rate cut, indicating that …
The US Treasury grapples with dwindling cash reserves, teetering on the brink of a debt crisis as tax day’s boost fades into obscurity. With just $45 billion remaining before hitting the theoretical limit, the nation faces an imminent surge in …
via Yahoo: As usual, this is more “eat the rich” thinking than anything remotely helpful. The world is not fast on its journey to hell in a hand-basket because of private jets flying in and out of the UK. But …
The world stands on the precipice of a daunting financial crisis as global debt skyrockets, reaching an astonishing $235 trillion. Over the past 15 years, this sum has surged by 32%, propelled by the allure of low borrowing costs. It …
https://t.co/Im7IKCXVnV — Win Smart, CFA (@WinfieldSmart) October 16, 2023 https://twitter.com/Wise_Lending/status/1713906199693791711 US 10y yields jump by 10bps to 4.71% on Risk On move and US debt worries. pic.twitter.com/ORJPEh3rlx — Holger Zschaepitz (@Schuldensuehner) October 16, 2023 Economists, investors and central banks around …
As I have predicted for many months, the closer we get to the start of US Election season, the louder the din to freeze the Ukrainian Conflict becomes. It wasn’t supposed to be this way, cutting Russia off from SWIFT …