A hub for independent voices and hard truths
The outlook for small business sales is beginning to decline, historically signaling a challenging macroeconomic environment. The Small Business Optimism Index plummeted to its lowest level in March since December 2012, marking the third consecutive decline and the 50th consecutive month below the 50-year average of 98. Small biz sales …
The paper is verbose (155 pages) and not riveting reading, but it does include everything I know about equity risk premiums and their estimation. My first update was written in 2009, during the financial crisis, and I have updated it annually since. https://t.co/wZcZy5Az5C pic.twitter.com/dFUA7sbVNr — Aswath Damodaran (@AswathDamodaran) March 30, …
Japan Steps Closer to Intervention as Yen Hits Lowest Since 1990 Japan stepped closer to currency intervention with its strongest warning yet after the yen slid to the weakest level in about 34 years against the dollar. “We are watching market moves with a high sense of… pic.twitter.com/TJbwb6ZeKj — Tracy …
In a Zoom call about a mental health proposition, Gov. Gavin Newsom says he was at a Target and saw someone walk out without paying. He asked a worker why the person steals and they blamed the Governor before looking at him twice and recognizing him. “I was like, why …
by Chris Black The incredible part is that there is no plan to fix any of this. The German government has effectively said “this is just going to keep getting worse and worse.” It’s a com… Continue reading by subscribing. Username Password Remember Me Forgot Password
BREAKING: China economy grew around 5.2% in 2023: Premier READ: https://t.co/YFpRF9hjFj pic.twitter.com/kC6OyTC4YN — Insider Paper (@TheInsiderPaper) January 16, 2024 Chinese Premier Li Qiang said Tuesday the country’s economy was expected to have grown by around 5.2 percent in 2023, as he addressed an annual meeting of global elites in Davos. …
ABC — Only 33% of Americans approve of Biden. "It's been 15 years since we've seen numbers that low." pic.twitter.com/BYPdLs58Og — Citizen Free Press (@CitizenFreePres) January 14, 2024 This country is a very different place than it was a few years ago. It’s the economy, worst since the Carter administration.
by Chris Black As per the Tweet below, China’s fertility rate is currently 0.88 children per woman. This is LOWER than South Korea AND UKRAINE!! Leaked figures suggest that the birthrate in China dropped 18% in 2023.It stood at 0.88 births per woman in 2023 compared to 1.07 in 2022.Via …
They know pic.twitter.com/y8yh6PPLRb — Life curious 🤔 (@ThelifeCurious) December 2, 2023 Pending home sales in the US have moved down to their lowest level since April 2020, a month where much of US economy was shut down. The housing market is frozen. pic.twitter.com/tg5dDVL24H — Charlie Bilello (@charliebilello) November 30, 2023 …
Source: https://www.newyorkfed.org/microeconomics/sce/credit-access#/financial-fragility1 Wut Mean?: Overall Decline in Consumer Credit Demand (2023): General weakening in most credit application rates. Credit card limit increase applications rose. Rejection Rates Trends: Overall rise in rejection rates for credit applications. Decline in rejection rates for credit card limit extensions and new mortgage applications. Higher creditworthiness …
The significance is that is the lowest President Biden has ever measured in our poll in terms of job approval. Just look at the sea change from the start of this year. Recall, remember, Democrats coming off strong from the 2020 midterms, he was almost even. Now he’s 17 points …
via cleveland19 The average Composite score on the ACT test for the class of 2023 has fallen to 19.5 out of 36, according to a report. The decrease in scores marks a decline of 0.3 points from 2022, when the average score was 19.8, data released by ACT in October shows. …
by confoundedinterest17 We are back in time … at least for the mortgage market. Thanks to Bidenomics!!!! Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2023. The Market Composite Index, a measure of …
Despite Germany’s substantial infusion of state aid into its economy, the nation continues to grapple with recession and experiences the slowest growth rate among its counterparts. https://twitter.com/MichaelAArouet/status/1718624015755936251
Nearly 50% of American parents say they’d prefer their kids not enroll in a 4-ear college, per WSJ. Read more: https://t.co/8bDNxah8l6 — unusual_whales (@unusual_whales) October 29, 2023
Global Supply Chains continue to function well and are no longer a valid excuse justifying above-average inflation. pic.twitter.com/Tt2AT8AxG6 — Charlie Bilello (@charliebilello) October 24, 2023
by TonyLiberty Mortgage demand drops to the lowest levels since 1996 as interest rates hit 8%. Mortgage applications for home purchases are down 22% compared to a year ago. Rising rates are pushing more potential homebuyers out of the market but the Federal Reserve is expected to keep raising …
Emerging Market Stocks have fallen to their lowest valuation relative to the S&P 500 in AT LEAST 36 years pic.twitter.com/QrwRdszRl7 — Barchart (@Barchart) October 11, 2023
Biden’s economic blunders sending America into a tailspin: Recession fears, skyrocketing inflation, and a sleepy president ignoring it all while you struggle to afford gas and groceries.
(Bloomberg) — Global funds further trimmed their Chinese stock holdings in September, extending a relentless selloff and lowering their average position in the country to the lowest level since 2020, Morgan Stanley said. Net monthly outflows from active long-only managers in China and Hong Kong equities totaled $3.2 billion during …
Whenever you think these networks have more sway or influence than you think. Good to check on how many still watch. via trendingpoliticsnews: In a turn of events for the once-dominant news network, CNN has recorded its lowest ratings ever, marking a significant decline in its viewership. The decline is …
by confoundedinterest17 Well, this isn’t good if you are a mortgage lender. Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2023. This week’s results included an adjustment for the Labor …
US oil inventories have collapsed as measured by days of supply as well. Below 1982 levels! pic.twitter.com/N7Ps2UGo6w — Josh Young (@JoshYoung) September 9, 2023 h/t Simian_Stacker
by confoundedinterest17 Its hard to watch Biden and The Progressive Greens destroy the enegy security of this great nation. Biden is draining the Strategic Petroleum Reserve, probably in a misguided attempt at ensuring we never go back to abundent petroleum again. Crude oil inventories are now the lowest since 1985. …
The equity risk premium (ERP) is at the lowest level since 2006 Indicating that stocks are very expensive relative to bonds pic.twitter.com/5tysUfs1Hy — Bravos Research (@bravosresearch) September 4, 2023 This ratio hit levels comparable to the Dot Com bubble We all know how it ended back then… pic.twitter.com/gb9Uzm7MPj — Bravos …
Yesterday we reported that the price of oil jumped to the second highest level of 2023 amid plunging US inventories… … and news that Russia had agreed to further oil export cuts. Today, West Texas Intermediate extended its gain, surging another $2 to $85.55 and hitting the highest level of 2023 – just in time for …
by confoundedinterest17 The Talking Heads said it best. Bidenomics is burning down the housing market. Bidenomincs (or trying to recover from Yellenomics) is responisble for interest rates rising to flight inflation and the collapse of mortgage lending. And she was … Janet Yellen. Mortgage demand (applications) decreased 4.2 percent from one week …
https://twitter.com/Barchart/status/1690117530449235968 https://twitter.com/SuburbanDrone/status/1690096400414003200 https://twitter.com/SuburbanDrone/status/1690091076390920193
