Independent thinking for complex markets and current events
All legacy media is dying. And they should. I much prefer the raw, unfiltered truth of an outlet like X. #Reuters pic.twitter.com/z3xm0NaGfu — Bogachan Ozdemir (@Bogachan_1971) May 14, 2024 https://twitter.com/sw_hines/status/1790412580315697547 AC
by confoundedinterest17 Will The Fed keep on printing?? Ahead of tomorrow’s CPI, traders are eyeing this morning’s Producer Prices for any hints that the disinflation trend will return…or not. The answer is “not!” April Producer Prices rose 0.5% MoM (vs +0.3% exp), with March’s +0.2% MoM revised down to -0.1% MoM. The downward revision did not …
https://twitter.com/JackStr42679640/status/1790169813777834265 https://twitter.com/ThePublicaNow/status/1789715774099136766 Belgium’s new law equates sex workers to regular employees, regulating their activity through labor contracts. However, if a prostitute refuses a client more than 10 times in six months, fines are imposed. Belgium’s new law treats sex workers as regular employees, subjecting them to labor contracts. Prostitutes can face fines if they refuse …
The numbers: Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That’s the highest level since last August. Economists polled by the Wall Street Journal had estimated that new claims would rise to 214,000. Last week, claims rose a revised 1,000 to 209,000, compared with… …
College anti-Israel agitators could be sent to Gaza under new House GOP bill https://t.co/YCOUNWc9v7 — Fox News (@FoxNews) May 9, 2024 Rep. Andy Ogles, R-Tenn., introduced the bill on Wednesday alongside Reps. Randy Weber, R-Texas, and Jeff Duncan, R-S.C., in response to the ongoing anti-Israel demonstrations on college campuses across the country. “That’s why I …
View post on imgur.com The recent wave of pro-Palestinian protests on college campuses came on suddenly and shocked people across the nation. But the political tactics underlying some of the demonstrations were the result of months of training, planning and encouragement by longtime activists and left-wing groups. At Columbia University, in the weeks and months …
A former Boeing employee who called out the aircraft manufacturer for safety issues has died, less than three months after the suicide of another whistleblower. Joshua Dean, 45, died after a brief illness of the flu, pneumonia and MRSA. He had worked as an auditor for a company that supplied Boeing with parts for the …
Florida passed a law requiring hospitals to publicize the costs of unpaid care for migrants, and the reports thus far show that the loss to the state’s hospitals is a massive $566 million just in 2024 — and taxpayers are picking up much of that loss. In May 2023, Republican Gov. Ron DeSantis signed Senate Bill 1718, …
United States Employment Cost Indexhttps://t.co/ctIxwn2OIh pic.twitter.com/pqibeiF878 — TRADING ECONOMICS (@tEconomics) April 30, 2024 U.S. labor costs surged beyond forecasts in the first quarter, climbing 1.2% amid a boost in wages and benefits, reinforcing early-year inflation concerns. The Employment Cost Index (ECI) uptick may influence Federal Reserve deliberations as it navigates monetary policy amidst mounting price …
The first week of Bitcoin halving sent Bitcoin back below the prior all time high and below the 8 week moving average for the first time in six months. Despite record inflows. pic.twitter.com/Ulszds2gI8 — Mac10 (@SuburbanDrone) April 28, 2024
US Food prices have risen by almost 17% in nearly 4 months. This is a level comparable to the 2023 average. Yet another example of the recent inflation rebound. pic.twitter.com/JofSUF7IEw — Global Markets Investor (@GlobalMktObserv) April 26, 2024 "You know what absolutely sucks?" "I am in my 20s right now" "I want a house, I want kids, …
China’s insatiable hunger for gold intensifies with a staggering 2,800 tons imported over the past two years, solidifying its status as a global powerhouse in the precious metal market. As the country’s central bank continues its relentless purchasing spree for 17 consecutive months, gold emerges as a coveted asset, outperforming traditional benchmarks like the S&P …
Japanese equities witnessed their initial weekly outflow in more than three months, coinciding with record yen net shorts fueled by an assumption of invincibility against adverse events, underpinned by the belief in central banks’ bailout capabilities. This perception of an endgame scenario, wherein risks are dismissed in favor of reliance on central bank interventions, underscores …
Despite expectations of inflation tapering, the Federal Reserve’s favored inflation gauge surpasses 8%, highlighting ongoing economic strains. March’s Consumer Price Index (CPI) records a significant uptick at 3.5%, the highest since September 2023, with Core CPI outperforming forecasts for four consecutive months at 3.8%. Amidst this backdrop, concerns loom over the sustainability of rising power …
Youtube short on the Austin TX housing crash. It’s already down from the mid 2022 peak 17%. The crash happens at different speeds in different places. Most will not notice the crash for a couple more years. h/t Mrbumboleh
Patrick Sawer Sat, 30 March 2024 at 6:00 pm CET·5-min read Royal author and historian Coryne Hall is being evicted with her husband Colin from their four-bedroom home in Bordon Royal author and historian Coryne Hall is being evicted with her husband Colin from their four-bedroom home in Bordon – DAVID ROSE Dozens of families …
🚨🚨SWIFT planning launch of new central bank digital currency platform in 12-24 months Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 27, 2024
Man predicted Diddy’s house being raided 3 months ago over sex tapes 👀 pic.twitter.com/6XecYoXSAu — FAMEOLOUS (@FAMEOLOUSCELEBS) March 25, 2024 🔥🚨EXCLUSIVE: Here is footage I’m resurfacing of Diddy on April 12, 2020, where he introduced his kids on Instagram his alleged adopted young White daughter Ava Baroni made an appearance. Combs made it sound like …
🇬🇧Good News everyone – The Princess – Kate Middleton is OK & has been spotted outdoors! Just ignore the fact they’ve used an old stock photo from 6 months ago – nothing to see here…. They think you’re stupid. pic.twitter.com/aq950cHztp — Concerned Citizen (@BGatesIsaPyscho) March 18, 2024 h/t Skullduggery
Damian Williams, the United States Attorney for the Southern District of New York, announced today that SETH MARKIN was sentenced by U.S. District Judge Edgardo Ramos to 15 months in prison for his participation in a scheme to trade in stock of Pandion Therapeutics (“Pandion”) based on material, non-public information that he misappropriated from his …
Tens of thousands of migrants with failed asylum applications will ‘be offered thousands of pounds to move to Rwanda’ Tens of thousands of migrants with failed asylum applications will be offered money to voluntarily move to Rwanda under new legislation proposed by the government. A new agreement made between the UK and Rwandan government means …
““What’s happening is we don’t have enough choice. I think the causality we miss is there are very few great EV choices, particularly at price points that are broadly relevant,” he says. “I think the unlock for electrification is that many things are going to drive it: charging infrastructure plays a role . . . …
by Chris Black How did Italy get so gay so quickly? It’s like Ireland and Poland. It’s moved at a sonic speed. Ten years ago, no one would have even bothered calling for this guy to be suspended, because they knew it would be impossible. Reuters: An Italian army general reprimanded by the defence minister …
Russia will impose a six-month ban on gasoline exports starting March 1 to meet rising domestic demand, the RBC news outlet reported Tuesday, citing two government sources and a representative of Deputy Prime Minister Alexander Novak. Novak was said to have told Russian Prime Minister Mikhail Mishustin in a letter last month that demand for …
This happens literally every recession. Almost verbatim to 2007. Because lagging indicators haven't happened, there won't be a recession. No, you're just following the wrong indicators. https://t.co/xeL1VzHFq5 pic.twitter.com/NweH9HGy1K — Darth Powell (@VladTheInflator) February 27, 2024
I like that man more every day! What’s the difference between a conspiracy and the truth? About 6 months. pic.twitter.com/z7FB01tAu5 — Elon Musk (@elonmusk) February 25, 2024 The main way legacy media lies is by controlling the narrative https://t.co/b8FaXTtwQQ — Elon Musk (@elonmusk) February 26, 2024
Alert! This guy says we could have AGI within seven months! Related! h/t Digital mix guy Spock
via Mike Shedlock: The ISM services index was a bit stronger than the Bloomberg consensus estimate of 52.1. Notably, 64 percent of respondents report increasing prices, up from 56.7 percent. ISM chart and excerpts below by permission from the Institute for Supply Management® ISM® If Fed chair Jerome Powell was looking for another excuse to …
NYPD’s security robot has been pulled from its Times Square subway station post just months after Eric Adams described it as ‘part of the fabric’ of the future. New York Police Department unveiled its fleet of ‘Big Brother’ robocops that would patrol the city’s streets and subways in April. In September, Mayor Eric Adams announced …