Independent thinking for complex markets and current events
by Michael In recent weeks there have been numerous high profile bank “glitches”, accounts are being shut down without warning at a staggering rate all over the nation, and more institutions continue to get into very serious financial trouble. For a while, I was ignoring some of these reports because I thought they were isolated …
Federal judge orders NYPD to remove illegal signage directing the public not to record inside. I guess these auditors are genuinely onto something. h/t Rev El Haitian
🚨🇮🇱 Israeli Prime Minister spokesperson says “Israel is not targeting anyone BUT CIVILIANS!” before correcting herself saying “but terrorists”. 🇮🇱 MAJOR Freudian slip pic.twitter.com/fuvQIcyExl — Jackson Hinkle 🇺🇸 (@jacksonhinklle) November 1, 2023 🚨🇺🇸🇮🇱 Senator Van Hollen EXPOSES the fact that ISRAEL has KILLED 6 times more children in Gaza in 3 weeks, than have been …
pic.twitter.com/wGGz51KkA0 — Jack Posobiec (@JackPosobiec) November 2, 2023 pic.twitter.com/119IJmtkSd — @amuse (@amuse) November 2, 2023
Consumers are being warned against using more than two dozen eye drop products sold over-the-counter at major retailers including CVS, Target and Rite Aid. The U.S. Food and Drug Administration says the eye drop products were manufactured in a facility with “insanitary conditions” and carry a “potential risk of eye infections that could result in partial vision loss or …
via naturalnews: Shoppers at big box stores in New York and New Jersey are being forced to wait as long as 40 minutes just to buy basic essentials as these major retailers have now locked up many of their products to counter skyrocketing retail theft. This is according to a report from investigative news program “Inside Edition,” whose …
By Graham Summers, MBA Japan is slowing losing control of its bond market. The Bank of Japan (BoJ) is currently engaged in an open-ended Quantitative Easing (QE) program. In its simplest rendering, the BoJ starts buying the 10-Year Japanese Government Bond any time that bond’s yield rises to 1% or higher. It’s possibly the boldest QE program …
Banks are back at the lows of 2023, because manipulated earnings expectations are better than feared. pic.twitter.com/jdnDR9xHUv — Mac10 (@SuburbanDrone) October 24, 2023 https://twitter.com/1CoastalJournal/status/1716947500324823156 🚨Barclays -6.79%PacWest Bancorp -8.90%Banc of California -6.30% https://t.co/vlJ29i67SX — Financelot (@FinanceLancelot) October 24, 2023 #recession … #GFC2 US #Banks edition#Banking $BKX $XLF $KRE $PACW 📉🥶 https://t.co/RCdzN3vXSy pic.twitter.com/1LRhK1Rzkj — Invariant Perspective (@InvariantPersp1) …
Looks like they are circling in the vicinity of the USS Ford. May be a pending major strike from the Ford on a Mid-East Target. They were fed Steak and Lobster the other day. A tradition before a major battle. Stay tuned for updates. 🇺🇸3 x Boeing KC-135R Stratotanker pic.twitter.com/0igT3vlrOy — 360°Radar (@wipljw) October 23, …
MAJOR UPDATE: U.S. Government Sending Powerful THAAD Missile Systems and Patriot air Defense Battalions to the Middle East Pentagon sites attacks on US troops as reason for move! The United States has sent a massive amount of naval power to the Middle East, including two aircraft carriers, their support ships, and about 2,000 Marines. Washington …
Gold to hit record levels in 6 different major currencies. EuroBritish PoundChinese YuanAustralian DollarsJapanese YenKorean Won The US dollar is the next one in line. pic.twitter.com/Ili2oKEBxd — Otavio (Tavi) Costa (@TaviCosta) October 19, 2023 Gold is starting to sniff that some sort of yield curve control measure is inevitable. The government can't keep exponentially worsening …
Despite the Federal Reserve’s efforts, high inflation persists due to the growing deficits and the nation’s $33 trillion national debt, indicating that Congressional action to control spending may be the only effective solution to address this ongoing issue. Yes, and increase in rates is a huge problem too. With $33.529 trillion in debt, if the …
📌Flow Emerging market assets experienced significant outflows, reflecting a notable decrease in investor confidence and a shift towards safer investment options👉 https://t.co/JKtv1wBK8o ht @BoFAML #markets #emergingmarkets#emergingmarket #debt #stockmarket #equity #equities pic.twitter.com/tnS8ympaOu — ISABELNET (@ISABELNET_SA) October 16, 2023
Home price-to-income ratios are skyrocketing in the world's major cities. In Shanghai, home price-to-income ratios just crossed 50x. China now has 5 cities with home price-to-income ratios above 30x. Even in New York City, home price-to-income ratios just hit 10x. Living in… pic.twitter.com/C3rd30IF79 — The Kobeissi Letter (@KobeissiLetter) October 11, 2023
With insolvency issues lurking beneath the surface, particularly driven by losses on older US Treasury bonds and commercial real estate loans. The Fed’s rate hikes could exacerbate these problems, potentially leading to significant losses for foreign banks. I honestly think that at least half of the banking systems in Australia, Canada, China, EU, Japan, UK …
6.3, 14km deep 5.5, 11km deep 6.2, 10km deep https://earthquake.usgs.gov/earthquakes/eventpage/us6000ldpg/executive https://earthquake.usgs.gov/earthquakes/eventpage/us6000ldph/executive https://earthquake.usgs.gov/earthquakes/eventpage/us6000ldpm/executive Continuing to rock and roll 5.9, 7km deep https://earthquake.usgs.gov/earthquakes/eventpage/us6000ldpv/executive Now New Guinea 6.7 54km deep 6.7 74km deep https://earthquake.usgs.gov/earthquakes/eventpage/us6000ldqd/executive https://earthquake.usgs.gov/earthquakes/eventpage/us6000ldqf/executive BREAKING NEWS. There was just another multiple event which also completely matches my map. There were 2 magnitude 6.3s in a place I …
via JOHN RUBINO: People keep talking about the “box” in which profligate countries will someday find themselves, where the tools that used to work no longer do and everything falls apart. Japan might be in that box. After years of soaring government debt and central bank “financial repression” to make that debt manageable, it now finds …
AP: Biden suggests he has a path around Congress to get more aid to Ukraine and plans major speech WASHINGTON (AP) — Facing a likely roadblock from House Republicans on aid for Ukraine, President Joe Biden said Wednesday he’s planning to give a major speech on the issue and suggested there may be “another means” …
All major buckets of jobs are showing declining growth. The labor market slowdown has been extremely slow, particularly through the cyclical sectors that have experienced labor hoarding issues. Interestingly, service sector jobs growth has cooled sharply in recent months. pic.twitter.com/ffcIIbzpUm — Eric Basmajian (@EPBResearch) October 4, 2023 How many name changes will they go through …
For the last three days Estes Express is being hit hard with the attack. No phones, No Website, No Internal Systems, No nothing. They claim they are still making pick ups and delivery, but that’s not what I’m personally experiencing. Three days in to this, and they don’t know what the cause is and they …
BREAKING Ally Bank, a major player in auto lending space, is beginning headcount reductions. Email below from its President of Dealer Services: pic.twitter.com/QnA8TsC5g5 — Car Dealership Guy (@GuyDealership) September 29, 2023
by Michael During the summer, many of the experts repeatedly assured us that the U.S. economy would be able to avoid a recession, but now reality is setting in. Credit conditions continue to tighten, home sales are falling, credit card losses are exploding, stores are closing all over the country, and the number of bankruptcies …
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 Brand has no charges against …
Even China’s 1.4 billion population can’t fill all its vacant homes, former official says Unsold, completed: ~7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres. That does not count: the numerous residential projects that have already been sold but not yet completed due to cash-flow problems or …
A federal court struck down the Biden administration’s last-minute restrictions on an upcoming offshore oil and gas lease sale in a ruling late Thursday evening. Judge James Cain of the Western District of Louisiana granted a preliminary injunction request from plaintiffs — the State of Louisiana, industry association American Petroleum Institute (API) and oil companies …
via theconservativetreehouse: You might ask, why is the Dept of Homeland Security (DHS) in the business of conducting widescale surveillance, monitoring and tracking of American citizens. Unfortunately, if you are asking that question, then you likely don’t know the first, fourth and fifth amendment to the U.S. constitution were usurped by the 2001 Patriot Act. …
via 9news.com.au: “Macquarie Bank will phase out its cash, cheque and phone payments for customers from next year as it moves to digital-only payment systems. Under the changes, Macquarie Bank – which is Australia’s fifth-largest bank – is also ending its partnership with NAB bank branches. In a letter written to customers, Macquarie Bank said …
At least eight people were injured in an explosion at a processing plant in Decatur, Illinois on Sunday. Five of the wounded remained hospitalized as of Monday. The fire and explosion happened at an Archer-Daniels-Midland processing complex just after 7pm Central time. “ADM immediately contacted the Decatur Fire Department, which remains on the scene. Several …
Just in: Average monthly payment for new vehicles financed hit an all-time high of $738 in August. (via Edmunds) — Car Dealership Guy (@GuyDealership) September 11, 2023 This kind of business failure happens when things are collapsing. They may have had bank lines pulled. Who knows but larger businesses like this don’t usually go under …
Liberty Safe, which describes itself as “America’s #1 heavy-duty home and gun safe manufacturer,” has come under fire after a report revealed that its parent company has donated almost half a million dollars to pro-gun control Democratic officials. On Wednesday, Turning Point USA founder Charlie Kirk shared FEC filings on the social media platform X, …