Independent thinking for complex markets and current events
Starting to see massive layoffs in Pharma. Bristol Meyers Squibb just gutted their salesforce yesterday. Many others cutting too. Novartis etc. — QE Infinity (@StealthQE4) August 4, 2023 Yeah but access is way down post COVID. Sales forces are gonna shrink. Territories will increase in size. Too many reps in this new world. — QE …
by confoundedinterest17 The US Fiscal position is very bad and the US is beginning to look like a third world economy. And with Biden and Democrat AGs filing indictments against Biden primary Presidential oppoonent, that country is Venezeula! Like skyrocketing interest on the Federal debt to pay for green energy hustlers and the Ukraine war. …
Have you seen how fast gas prices rose last week? New reports reveal that fuel stockpiles have dropped globally, and the problem is likely to get even worse over the next few weeks and months as demand continues to outstrip supplies amid OPEC+ production cuts. Americans are now paying the highest prices for a gallon …
via fee.org: In April, the International Energy Agency released a report in which it predicted EV sales to increase 35 percent after a record-breaking year. But economists I spoke with said such predictions were overly optimistic considering current macroeconomic conditions. This invites important questions. Is the glut of EVs simply a product of tightened money …
https://www.youtube.com/watch?v=opRHGOnNWH8 https://www.isitdownrightnow.com/ Verizon is DOWN: Worldwide outage leaves hundreds of thousands of users without mobile or internet service https://t.co/Mo3ukvJJmx pic.twitter.com/YIsAuwqC5t — Daily Mail US (@Daily_MailUS) July 26, 2023
by Chris Black The funny thing is that most than half of the population of Hamburg-Mitte is made up of ethnic minorities, which presumably means their foodis really, really good. Now, even if this is all just the result of immigration – would you really prefer to not have insanely tasty kebab? Remix: Violent crime …
A Polish Army Convoy consisting of roughly 200 Pieces of Equipment including KTO Rosomak 8×8 Wheeled-Armored Vehicles was spotted recently heading towards the Polish-Belarusian Border. pic.twitter.com/2R9upU5l6V — OSINTdefender (@sentdefender) July 24, 2023 h/t DOORBERT
by Cautious_Kamakazi It is worth noting that despite deflation worsening, China's #credit impulse is declining again, showing a #TIGHTENING of #monetary conditions. Many investors had hoped that, as usual, Chinese monetary loosening would lead a US recovery. Some hope. – @albertedwards99 pic.twitter.com/qVitUH1xhM — Lance Roberts (@LanceRoberts) July 20, 2023 During the 2008 Global Financial Crisis, …
Massive hail flow at street in Seregno, Italy 🇮🇹 (21.07.2023) TELEGRAM JOIN 👉 https://t.co/9cTkji5aZq pic.twitter.com/edQSMn8TE4 — Disaster News (@Top_Disaster) July 21, 2023
via SCHIFFGOLD: Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface. As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This is the exact …
Three years ago, while the nation’s attention was on the 2020 presidential election, voters in Oregon took a dramatic step back from America’s long-running War on Drugs. By a 17-point margin, Oregonians approved Ballot Measure 110, which eliminated criminal penalties for possessing small amounts of any drug, including cocaine, heroin, and methamphetamine. When the policy …
So who is holding all the losses on office real estate …. https://t.co/zti1VgUl0B — Richard Field (@tyillc) July 18, 2023
WASHINGTON CROSSING, Pa. – Emergency crews in suburban Philadelphia intensified their search Monday for a missing 9-month-old boy and his 2-year-old sister who were swept away in a family car when torrential rains flooded a roadway. While the East Coast grappled with the aftermath of downpours that closed roads and rendered the water supply undrinkable …
https://www.youtube.com/watch?v=kKPyR752aZ0 It seems like America’s financial problems are set to continue with Best Buy reporting major price increases, declining sales and an economic downturn for the rest of the year. Just a few years ago Best Buy stores were filled with buzzing shoppers huddled around displays carrying the latest gadgets from the likes of Microsoft …
by confoundedinterest17 So far, President Biden has drained almost 50% of the Strategic Petroleum Reserve (SPR) under his Reign of Error. And regular gasoline prices are up 48% since Biden assumed the Presidency on Jan 20, 2021. We have massive caverns for oil storage that are sitting empty. Then we have the US Dollar, down -12.5% …
by DAVID HAGGITH No, this is not another tax-the-rich-more-to-save-the-poor article. It is a tax-them-the-SAME article by ending all their privileged welfare! The Biden-Trump deficit is off the charts. Yes, blame for the nation’s record deficit, gaping wider by the day, belongs equally to both. Both parties are saturated with and ruled by what I call …
India witnessed the stunning sight of a massive shelf cloud 😮 Formed by a burst of dry cold air during thunderstorms, these clouds are often known as thunderstorm collars. pic.twitter.com/oY5OHw68Vg — Tansu Yegen (@TansuYegen) July 12, 2023
House Republicans have slipped a massive foreign worker expansion into their Department of Homeland Security (DHS) spending bill, a blow to the GOP’s promise to protect the nation’s working class from powerful special interests. After markups and hearings, Republicans on the House Appropriations Committee approved the DHS spending bill which would blow the lid off …
via naturalnews: The reported tax revenues of New York and California are reeling as more and more people flee their respective states for more low-tax locales like Florida and Texas, both of which are consequently seeing surges in tax revenues. This is according to data compiled by the Urban-Brookings Tax Policy Center, a Washingt0n, D.C.-based think tank …
The Albanese government’s new laws to prevent the spread of ‘misinformation’ could see individuals hauled before a watchdog empowered to issue millions in fines. While the laws are targeted at social media giants such as Facebook and Twitter, it is unclear if the proposed legislation would allow the Australian Communications and Media Authority (ACMA) to …
The riots in France should be terrifying to Americans and to everyone in the West. Please notice that it alarmingly resembles what’s happening in the United States and other Western nations. It is the result of a hardcore leftist ideology. The Islamists may be the one’s rioting, but it is the left that is encouraging them, …
Buttigieg warns of even MORE airline delays over July 4 holiday – and says he is ‘less focused’ on United Airlines making changes to avoid massive travel disruptions in the future Transportation Secretary Pete Buttigieg doesn’t appear worried with how United Airlines plans to improve following a massive series of delays ahead of Independence Day. …
https://twitter.com/_/status/1675116728995704835 omg this is so scary🤯 https://t.co/SQC0qP4Ne4 — 𝐞𝐧𝐚𝐲 (@ernaayyy) July 1, 2023 https://twitter.com/_/status/1675009732623450112 At around 10:30 local time, a violent explosion occurred at a chemical plant owned by qiantai new material company in the city of guixi, jiangxi province, china. pic.twitter.com/zMcjBolxRy — Nico (@Nico00503) July 1, 2023 Almost looks like a nuke went off. …
According to Dylan Byers of Puck News, Tucker has plans to start a massive media venture. He is raising funds for this project and is planning to take a vast majority of his former Fox News staff with him. NEW: Tucker Carlson wants to take Fox News head on as he has allegedly been raising …
https://twitter.com/_/status/1674214532514820099 “Someone was shot with live ammunition in the leg by the police in the Pablo Picasso housing estate in Nanterre. Some initially thought he was dead but he is being treated in hospital.” https://twitter.com/_/status/1674226357033660419 “French protestors shoot mortars at the police in Paris.” https://twitter.com/_/status/1674220838076178433 https://twitter.com/_/status/1674218956389793794 https://twitter.com/_/status/1674218454876839938 https://twitter.com/_/status/1674216227042910208 https://twitter.com/_/status/1674215091212828673 https://twitter.com/_/status/1674214275190013958 In France ,mass riots and …
We’re being told that inflation numbers are going down, but when it comes to food inflation, that’s a whole different story. More than half of US food retailers are still raising prices this year, a nine percentage point jump from last year, according to BDO’s 2023 Retail CFO Outlook Survey. With major food makers, including …
by confoundedinterest17 Dallas after (economic) midnight! Particularly after 5 consecutive months of negative readings. For the fifth straight month, the Dallas Fed’s Texas Manufacturing Outlook survey disappointed expectations, printing -23.2 vs -21.8 exp) and is negative for a fifth straight month. Source: Bloomberg Texas factory activity declined in June, according to business executives responding to the …
by BoatSurfer600 Source: Zen Second Life
By Graham Summers, MBA There are two primary reasons why inflation has remained so persistent despite the Fed raising rates from 0.25% to 5.25% in the span of 14 months. 1) The Fed is using the wrong tools to end inflation. 2) The Federal Government continues COVID-19 emergency levels of spending. Today we’re going to …
via independent.co.uk: Reddit has stopped working for millions of users around the world. The mass outage comes amid a major boycott from thousands of the site’s administrators, who are protessting new changes to the platform. On 12 June, popular sub-Reddits like r/videos and r/bestof went dark in retaliation to proposed API (Application Programming Interface) charges …