A hub for independent voices and hard truths
Authored by Mike Shedlock via mishtalk, Consumer Sentiment as measured by University of Michigan drops slightly. University of Michigan Consumer Sentiment Please consider the Preliminary University of Michigan Sentiment Report for October. Overall, consumers perceive very few changes in the outlook for the economy from last month. Pocketbook issues like high prices …
What is the PPI report? The wholesale inflation unexpectedly declined last month, bolstering the case for the Federal Reserve to cut rates next week. This shows that inflation is cooling on the wholesale side!
Apple did not deliver innovation. It delivered a thinner phone with weaker specs, a higher price, and hidden compromises disguised as features. The iPhone 17 Air costs $999, has a single rear camera, and offers less battery life than the cheaper iPhone 17. Apple described it as “a paradox you …
Wait times for rides at all time low. Translation: Nobody is f**king there. They deserve what they’re getting! It’s not just Disney. Vegas is also seeing a decline in tourism. People are finally fed up with the price gouging. h/t Kingzzor Sr.
He said $600bn because Tim quoted that number; Zuck hates Apple, so he is unable to say a lower number. CFO in shambles — martin (@rev1ck) September 5, 2025 How much money are you spending in America Zuck? 🇺🇸 $META Probably $600 billion, the exact same amount as $AAPL… pic.twitter.com/WUqKwbEtmF …
The economy may appear strong for the top earners, but for the rest of the country, the pressure is building toward a breaking point. Political movements will grow more extreme as citizens feel ignored and powerless, widening the gap between elites and the struggling majority. The McDonalds CEO just gave …
via notayesmanseconomics This morning the focus is back on the Bank of England and we cam start with something which will match the new autumnal mood for the weather at least for the research student presenting the morning meeting. “August saw a slight softening in the rate of annual house …
Worse than GFC Nobody is buying. https://t.co/BOkVkQh8AS — Amy Nixon (@texasrunnerDFW) August 28, 2025 It’s not a strike because that implies a choice. The average family simply can not afford the average house today. The only people buying are current homeowners or the fairly well off. First-time buyers are absolutely …
If Bitcoin needs lies to rise, what does that make it worth? BREAKING: Michael Saylor violates promise to shareholders, dilutes MicroStrategy $MSTR with 875,301 new shares https://t.co/aOmYIOWpdn pic.twitter.com/jXqtw9ZDeR — Financelot (@FinanceLancelot) August 25, 2025 As #Bitcoin demand dries up fast and the price tanks, watch the maximalists scramble to invent …
Trump has bought at least $103.7 million in bonds while in office, including debt from Meta, Qualcomm, Home Depot, and T-Mobile, according to a White House disclosure dated August 12, 2025: “Trump reported no sales.” https://www.msn.com/en-us/money/other/trump-embarks-on-104-million-bond-buying-spree-while-in-office/ar-AA1KPNzK 👀 pic.twitter.com/lQtyLDsbQ3 — Markets & Mayhem (@Mayhem4Markets) August 20, 2025 Unlike every modern president …
Alarming graph of housing demand implosion to lowest point in 30 years is at 18 seconds of video. -2.7% Latest News Existing-home sales decreased by 2.7% in June. Month-over-month sales declined in the Northeast, Midwest, and South, and rose modestly in the West. Year-over-year, sales fell in the Northeast and …
🚨 $MSTR mNAV breaks lower again! Do you get it yet? Saylor is already cooked. The preferred share issues were a last desperate Hail Mary play to keep the Ponzi alive…they failed. Liquidity is drying. He can’t issue new ATMs to keep it pumped. mNAV is going below 1 https://t.co/qlHSm5gR67 …
Trump forecasts ‘50-50 chance’ for EU trade deal, lower chance with Canada — and floats ‘rebate’ for some Americans https://t.co/xLxsTw1y5I pic.twitter.com/tfmXevE7Md — New York Post (@nypost) July 25, 2025 WASHINGTON — President Trump told reporters Friday that the US has a “50-50 chance” of reaching a trade deal with the …
Trump signs an executive order banning “woke AI” in the federal government. Sounds bold on paper. Dig into the language and it’s a mixture of political theater, selective enforcement, and an open door for regulatory arbitrage. The order claims government AI must follow “truth-seeking,” “ideologically neutral” standards and be free …
US 🇺🇸 GDP for Q1 just officially ended up at -0.5% pic.twitter.com/nLI7EytA55 — Evan (@StockMKTNewz) June 26, 2025 CNBC’s Rick Santelli joins ‘Squawk Box’ to break down the latest economic data to cross the tape.
The AI trade peaked one year ago. This is the third lower high AND the third Trump FOMO rally. Risks that have been ignored for the past year, will no longer be ignored. It will be as if they appeared out of nowhere again. In the meantime copious bullish pundits …
Herein lies the problem for Tech bulls and stock market bulls in general. Semiconductors which are at the epicenter of the AI trade, are having their biggest 10 week gain since Y2K – bigger than the pandemic. However, they are also making their third lower high. pic.twitter.com/bksMCAY7aj — Mac10 (@SuburbanDrone) …
You’re not voting your way out of this chart. pic.twitter.com/UgPPEaioLR — TFTC (@TFTC21) May 20, 2025 To borrow from Stephen A. Smith, voters "don't care. They don't care" if the GOP bill will raise the deficit. 60% overall and 74% of GOP want tax cuts, even if they raise the …
Lower mortgage rates just don’t seem to be in the cards for this summer Sorry, Housing Market! pic.twitter.com/CCbABMbirx — Amy Nixon (@texasrunnerDFW) May 12, 2025 https://twitter.com/Jedi_ant/status/1921663824295350763 pic.twitter.com/UCl19LyfeK — Darth Powell (@VladTheInflator) May 12, 2025
🇯🇵JAPAN: “CAN WE NOT PAY THESE TARIFFS?” 🇺🇸USA: “LOL, NO.” Japan asked the U.S. to drop some heavy taxes on its cars and steel. The U.S. basically said: “We’ll maybe give you a discount… if you behave.” Oh, and starting this week, the U.S. slapped a 25% tax on Japanese …
And rates marginally lower over that 4 week period! I was promised an apocalypse! pic.twitter.com/LI9S16eHje — Glen Evans (@Glen_Evans_01) April 25, 2025
BREAKING: The White House press secretary says “there will be no unilateral reduction in tariffs against China.” Trump is putting the ball in China’s court. — The Kobeissi Letter (@KobeissiLetter) April 23, 2025 BREAKING: White House Press Secretary Leavitt right now: There will be a fair trade deal with China, …
Treasury bond yields going higher, dollar going lower. We’ve never seen this before. byu/Boo_Randy_II inSilverDegenClub
🇺🇸 President Donald TRUMP just made multiple posts (Truths?) about TARIFFS pic.twitter.com/04JQX2nCmJ — Evan (@StockMKTNewz) April 20, 2025 BREAKING : President Trump publishes a “non-tariff cheating” list: pic.twitter.com/SawSakTlXD — The Kobeissi Letter (@KobeissiLetter) April 20, 2025 BREAKING: US stock market futures officially open lower after the 3-day weekend. pic.twitter.com/1TtCHykgxz — …
Central bankers all over the world kept saying, nah, we’re not going to do it this time. They weren’t going to race to the bottom, cutting their interest rates back down to historical lows. And the data keeps coming in that says, yeah, you are. Troubling developments along these lines …
Consumer Sentiment continues its slide. Meanwhile, consumers now expecting inflation to top 6.7% pic.twitter.com/8ZaheWURXq — Jack Jernigan (@JackJernigan1) April 11, 2025 Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going …
According to The Harvard Crimson, Harvard will offer high-school-level math courses to its students. The remedial assistance has rekindled criticism over Harvard’s move away from standardized tests in making admissions decisions. For years, Harvard has been accused of lowering admissions standards to achieve “equity” goals in its classes. The school …
