Independent thinking for complex markets and current events
The latest report from the Federal Reserve reveals a slowdown in U.S. consumer-credit growth for October. Consumer credit expanded at a 1.2% annual rate, a significant drop from the 3% rate observed in September. October saw a total consumer credit increase of $5.2 billion, down from the prior month’s gain of $12.2 billion. Contrary to …
Forgiving school loans and now giving away money to buy houses… Biden wants to give 500,000 Americans money to buy homes, per NewsWeek. — unusual_whales (@unusual_whales) December 18, 2023
2/2 But is this the wrong metric? This chart may be the better way to look at it. If so, the US economy still has $2.9 trillion of "excess" money to keep CPI "sticky." pic.twitter.com/WnkjnEAelr — Jim Bianco (@biancoresearch) December 17, 2023
The narrative surrounding Cardinal Angelo Becciu’s scandal paints a vivid picture of corruption and betrayal within the Vatican’s sacred walls. The intense courtroom proceedings, under Giuseppe Pignatone’s watchful eye, unravel a complex web of financial crimes involving key figures. The ill-fated London building purchase becomes a symbol of financial recklessness, implicating Becciu in speculative dealings. …
The Liberal government of Justin Trudeau has sent over $5 BILLION per year of tax payer money towards 'foreign aid'. Meanwhile, 2 million Canadians line up at food banks each month. 😮🤡🌎 pic.twitter.com/qwAvjC2uuv — Wall Street Mav (@WallStreetMav) December 14, 2023
In straightforward terms, let’s address a pressing concern: Inflation is here to stay, and the US deficit is spiraling out of control. Despite Treasury Secretary Yellen’s reassurances, there’s reason to be uneasy about the mounting US debt. Facing the facts, $1 trillion-plus US budget deficits are becoming the norm, and federal projections paint a grim …
Joe is spending $$$$$ like a drunken sailor! https://fred.stlouisfed.org/series/M2SL AC
Want to know why housing prices are unaffordable? 1) Low interest money printing by the Federal Reserve the past few years 2) BlackRock, WEF banks, and hedge funds intentionally buying up single family homes so “you’ll own nothing and be happy” by 2030 3) Record illegal alien… https://t.co/yxxAfrMUlh — DC_Draino (@DC_Draino) December 12, 2023 80% …
Many banks are kept afloat by borrowing from a special short term rescue fund at the Fed. To date over $ 100 billion has been borrowed to keep the banks solvent. The banks are sitting on a keg of financial dynamite with over $ 650 billion in unrealized losses on Treasury securities in addition to …
by tremens-delirium YSK: Major car manufacturers admit in their privacy policies to collecting a wide range of your personal information, to illustrate: Nissan: Their US privacy policy states they can collect data on your “characteristics, psychological trends, predispositions, behavior, attitudes, intelligence, and abilities.“ Kia: Their data collection includes sensitive information like “genetic information, sex life, medical …
by Ryan McMaken Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, …
by The_Cowboy_Killer May 2013, Spotify acquired music discovery app Tunigo. March 2014, they acquired The Echo Nest, a music intelligence company. June 2015, Spotify announced they had acquired Seed Scientific, a data science consulting firm and analytics company. January 2016, they acquired social and messaging startups Cord Project and Soundwave. April 2016 they acquired CrowdAlbum, …
by DAVID HAGGITH Photo by Eric Muhr on Unsplash Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its “growth” has, during the Fed’s current quantitative tightening (QT), gone negative, since the end of …
Authored by Ryan McMaken via The Mises Institute, Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply …
Bloomberg: How Suspects Laundered Billions in Singapore for Years Wang Dehai was already on the run when he made Singapore his home five years ago. Police in China were offering a bounty for information about him for his alleged role in an illegal gambling ring. Once in Singapore, Wang and his wife set up a …
by confoundedinterest17 Joe Biden has a new name: the crypt keeper. As in the person through his economic screw-ups is causing a massive inflow to cryptos. Anticipation of an eventual US spot Bitcoin ETF – which Bloomberg’s analysts assign a 90% probability of being approved by the SEC in January. as well as surging prices, …
The Wall Street Journal has recently report that due to China’s economy continuing to stumble and rocky relations with the United States, billions of dollars have been pulled out by international investors citing numerous concerns. The Shanghai and Shenzhen exchanges in China have seen $24 billion leave the market through a trading link in Hong …
Here is a list of companies pulling their ads from X in an attempt to blackmail Elon Musk – Apple– Disney– Washington Post– Paramount– NBC– Marvel– IBM– Sony Pictures– CBS– The Colbert Show– Comcast– Lionsgate– Warner Bros. Discovery Is it time to boycott them? pic.twitter.com/CYzaBq4LRx — TaraBull (@TaraBull) November 30, 2023
by Chris Black This was obvious from the beginning: if the US was going to demand countries to pass pro degeneracy laws, countries are just going to make deals with the Chinese, who don’t put sexual stipulations on trade deals. What is truly amazing is that Americans couldn’t figure it out, and are now shocked …
The legal landscape for Donald Trump, Mark Meadows, and Rudy Giuliani is intensifying as Fulton County DA Fani Willis refuses plea deals, while co-defendants Jenna Ellis, Sidney Powell, and Kenneth Chesebro have struck deals and provided potentially damaging statements. Simultaneously, George Soros injects $15 million of ‘dark money’ into Biden’s 2024 re-election effort, raising questions …
by confoundedinterest17 Despite Biden/KJP’s ridiculous lies about about this Thanksgiving being the 4th “cheapest” in history, inflation while cooling is still way up under Biden. In fact, food prices are up 25% since 2020. Since 2020, US groceries are up 25%, used cars climbed 35% and rents roughly 20%. In 2020, a survey showed a …
via slaynews: Democrat President Joe Biden and his administration are pushing for billions of dollars in taxpayer money to fund an aid package for three foreign nations. Biden and Senate Majority Leader Chuck Schumer (D-NY) are trying to get the funding for Ukraine, Israel, and Taiwan approved by Congress during the first week of December. …
Conservative Group Accidentally Reveals Its Secret Donors. Some of Them Are Liberal Orgs. American Compass is a partner organization in Project 2025, a right-wing think tank that has been building the policy ….for a second Trump administration. Project 2025 is an arm of the Heritage Foundation American Compass whose specific political allegiances lie with the so-called “New Right” uses thee …
Netflix gives a director $55 million dollars to produce a series. He blows most of it and begins acting erratic. He proceeds to put $11 million in his personal Charles Schwab account and loses it all in $5.9 million in a couple weeks trading Gilead Sciences. He then goes and puts $4 million in Kraken …
by DAVID HAGGITH While we are far from the hyperinflation some have predicted errantly for years, we are back to inflation getting hotter, and the market just got a tiny taste of that lingering spicy burn today with the release of the Fed’s minutes. Investors turned the minutes over and inside out several times looking …
The idea is that a digital currency, especially if fully controlled and monitored by a government, could raise issues related to surveillance and control over financial transactions. "I see central bank digital currency as the single biggest threat to human liberty" "Once your money can be controlled, censored, and monitored by the government, then that …
The soaring Debt to GDP ratio at 124%, driven by the government’s extensive money printing, poses a heightened risk of long-term economic consequences and increased inflationary pressures. Despite a slight dip from the previous peak in 2020, the current ratio remains a cause for concern. ‼️DEBT TO GDP: 🚀 – Current Debt to GDP ratio: …
by confoundedinterest17 Under Biden’s Reign of Error (or green economic transformation), the US has seen over 8 million illegal immigrants enter the US which is a far greater number than births in the US. In other words, Americans apparently are NOT being born under a bad sign. Hence, the US is seeing the demand for housing …
