A hub for independent voices and hard truths
The AI chip market faces a significant downturn with net sales plummeting by nearly 25% sequentially and over 40% compared to the previous year. Amidst inflationary pressures and concerns over misdirected investments, every chip company is being labeled as an AI play, raising doubts about the sustainability of the market. …
The CEO of Zillow just issued a warning that first-time homebuyers are beginning to drop out of the housing market in 2024. And that this reduction in buyer demand could hurt Zillow’s business and revenue in the second quarter. Zillow makes their money by selling leads to realtors in their …
CCC-rated bonds are decoupling from the rest of the market pic.twitter.com/aaVv40RaFm — Win Smart, CFA (@WinfieldSmart) May 3, 2024 This refers to a situation where bonds with CCC ratings, signifying very low credit quality and high risk of default, are exhibiting different behavior compared to other bonds in the market. …
https://finance.yahoo.com/news/homebuyers-need-to-earn-80-more-than-they-did-in-2020-to-afford-a-home-in-todays-market-090055980.html They can redefine recession, change how and what CPI numbers measure, but they can’t redefine prices without actually putting more buying power into wallets. At the end of the day, manipulating reported numbers is just covering up for a problem that will get worse the longer it is swept …
Investors are facing a challenging market with substantial upside potential in stocks but also the highest long-term risk since 1999. Stagflation warnings have been issued since early 2023, with signs indicating a severe and long-lasting stagflationary period ahead. Central banks are trapped between inflationary and liquidity crises, exacerbated by underreported …
Phoenix is experiencing a significant increase in home inventory, with active listings in April 2024 reaching nearly 15,000, a 50% rise compared to the previous year and a staggering 326% increase over two years. This surge in inventory could lead to declines in home prices in the second half of …
Concerns arise over Federal Reserve’s handling of unemployment, with predictions of further damage to the labor market. Recent data signals a cooling labor market, evidenced by rising unemployment rates and increased part-time employment. Speculation mounts for additional Fed rate cuts as recession indicators intensify. Call Milli Vanilli because this shi* …
Despite weaker-than-expected job numbers in April, Wall Street is celebrating as the report suggests a potential delay in interest rate hikes. Bonds, stocks, gold, and cryptocurrencies are rallying in response to the news, with the VIX tumbling. Wall Street is celebrating weaker-than-expected jobs numbers in the non-farm payrolls data this …
Moody’s Analytics latest data unveils a significant shift in the U.S. housing market, with the once-scorching pace of home price growth finally showing signs of tempering. The report highlights a nuanced landscape, with some regions experiencing continued ascent while others face declines, reflecting the complex interplay of affordability and demand. …
As Bitcoin’s price tumbles by over 22% from its peak, marking its descent into a bear market, investors face a stark reality check after a prolonged period of soaring values. With prices dipping below $60,000 for the first time since February and recording the most significant drop since November 2022, …
Futures selling off again. Looking like it’s going to be a rough open. — QE Infinity (@StealthQE4) May 1, 2024 Amidst escalating investor nervousness, sharp outflows from $LQD ETFs signal heightened concerns over US high-grade credit, amplifying anxieties about the looming Federal Reserve interest-rate decision. As traders anticipate the largest …
BY DAVID HAGGITH News today really puts the Fed in a tough bind and strips away investor delusions about rate cuts. Photo by Jeremy Perkins on Unsplash Such a torrent of horrible economic news hit today, particularly for the Fed, that I cannot even begin to cover it all in a weekday editorial, …
STOCK MARKET IS NOT THE ECONOMY Only 18% of all jobs are in the S&P 500 companies or 20 million. Most of the employment in the US economy is in private markets – 158 million jobs. pic.twitter.com/gLp0tCdJj9 — Global Markets Investor (@GlobalMktObserv) April 30, 2024
In the tempest of financial markets, a clarion call rings out—protect your capital amidst mounting economic turmoil and looming threats. CAPITAL PRESERVATION SHOULD BE YOUR #1 OBJECTIVE FOR 2024-2025 The media continues to focus more and more on AI and raised year-end targets for the S&P 500 and less and …
Economic uncertainty and automation fuel job insecurities among American workers, prompting a desire for upskilling and professional development. Survey of 2,000 employed adults reveals anxieties about job security and skill relevancy. Concerns include distress about the job market (25%) and feeling unstable in their industries (22%). 32% worry about falling …
China’s Big Banks Halt Russia Transactions Over US Sanctions, Forcing Firms To Resort To ‘Underground’ Channels: Report China’s major banks are reportedly halting transactions related to Russia, due to concerns over U.S. sanctions. This has led to a surge in the use of alternative channels for payments, including cryptocurrency, by …
Are derivatives borrowed against U.S. Treasuries about the collapse the market? 🤨 https://t.co/scFmS1jZgN pic.twitter.com/QSoWS5dWWC — Financelot (@FinanceLancelot) April 29, 2024 BREAKING: Former surgeon general is sounding the alarm that the current situation with bird flu feels like 2020 all over again & warns the virus could jump to humans "any …
The labor market is not secularly tight, robust, or whatever useless terms are thrown around on here. The headwinds continue to mount against labor. Fed policy impact having a lagged impact time on Sunbelt vs other West Coast states, but continues to be seen in openings. pic.twitter.com/svpB2tUO7i — Don Johnson …
Here goes some news most Americans have been waiting for: The cost of cars and trucks in the United States is finally dropping, and new research shows the downward trend has been quite significant on vehicle prices already. Experts at InvestorPlace.com are warning that the latest developments are, in fact, …
New York City just cleaned up one of the largest markets of shoplifted goods in a long time, but as youll soon see the market is already rebuilding itself, leaving many residents and businesses wondering if it’s permanent…
The current stock market bubble has been persistent over time but it is showing the first signs of cracking. No stock market crash in sight, but the fundamentals are clear – it is about when. But then of course, no stock market crash for a decade can also be possible. …
This is absolutely insane: Nvidia stock, $NVDA, is now up a massive 17% from its low just 5 trading days ago. The stock has jumped from a low of $756 to $880+, adding ~$320 BILLION in market cap. This week alone, Nvidia has added market cap equivalent to the entire …
https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page
As ominous signs of economic distress emerge, the US teeters on the brink of a financial precipice. Subprime auto loan delinquencies soar to 2008 levels, signaling an impending crisis fueled by a doubling of delinquency rates in just three years. Simultaneously, the housing market grapples with a catastrophic collapse, with …
Values of apartments and commercial real estate are down as much as 30-40% from the peak in the middle of 2022. Indicating a widespread crash in the real estate market that could get worse as 2024 progresses.
In a revelation that shatters conventional wisdom, the correlation between the S&P 500 performance and the Fed’s balance sheet since the Global Financial Crisis remains eerily stagnant. Beneath the surface lies a stark truth: the apparent market growth is a mirage, sustained solely by the relentless influx of liquidity orchestrated …
In the heart of China’s smartphone market, a seismic shift unfolds as Apple grapples with a staggering 19% decline in shipments, marking its worst performance since 2020. The resurgence of Huawei, fueled by new product launches, catapults it to the forefront, challenging Apple’s dominance and pushing it to third place …
Alina Habba in the last hour. This is hilarious. Judge Engoron doesn't even understand Money Market funds. Agreement reached on Trump $175 million bond.pic.twitter.com/CJwUR04VNl — Citizen Free Press (@CitizenFreePres) April 22, 2024
The Fed has raised interest rates by 525 basis points since early 2022 to head off a surge in inflation. Spitznagel believes, however, that excesses built up in the years of ultra-loose monetary policy that the U.S. saw since the 2008 global financial crisis have not yet been squeezed out …
