Independent thinking for complex markets and current events
Retail buying the dip with record flows into triple leveraged ETFs while Buffett dumps more stocks and builds a record cash pile… wonder who’s on the right side of the trade here? https://t.co/1Cd2Sl9eCP — Ross Hendricks (@Ross__Hendricks) May 3, 2025 This is the clue you need to discern where we are in the business cycle. …
Trump presented the new budget in which he requests $1 trillion for defense – MorePerfectUnion Trump has asked Congress to increase the defense budget for the next fiscal year to $1.01 trillion, the White House has officially announced. The proposal includes: – $163 billion in cuts to health care, child care, education, housing, research, clean …
TRUMP ON CHINA TARIFFS: "Maybe the children will have 2 dolls instead of 30 dolls, & maybe the 2 dolls will cost a couple of bucks more than they would normally." pic.twitter.com/fSLXo6lf1H — Breaking911 (@Breaking911) April 30, 2025 WASHINGTON (AP) — President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and …
General Motors is recalling 721K full-size trucks and SUVs with the 6.2-liter V-8, as the engine might be defective; a stop-sale has also been ordered. The recall list includes popular models such as the Cadillac Escalade, Chevy Silverado 1500, and GMC Yukon—all of which are 2021–2024 models. The problem stems from internal manufacturing defects, and …
More mass layoffs, this time at $UPS https://t.co/qLD0SlWzdE — Markets & Mayhem (@Mayhem4Markets) April 29, 2025 UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes UPS’s stock jumps after earnings beat expectations, but full-year outlook wasn’t updated given economic uncertainties https://www.marketwatch.com/story/ups-beats-earnings-expectations-but-outlook-wasnt-updated-given-uncertainties-91bc5f1f?mod=home_ln March JOLTS job openings down to 7.192M vs. 7.5M …
Yields are more likely to crash in the coming months, not the opposite. pic.twitter.com/QNo5b0NzIb — Guilherme Tavares (@i3_invest) April 25, 2025 Hardship 401k withdrawals running 15-20% above norms pic.twitter.com/C4VOxqXuNB — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 25, 2025 This is stunning: 44% of Americans now believe they will be WORSE OFF financially in …
Completed (ready-to-occupy) new homes climbed to 119K in March…an increase of 34% from a year earlier pic.twitter.com/XhGu9dtuRi — Liz Ann Sonders (@LizAnnSonders) April 24, 2025 🚨 Home prices are falling in 11 major U.S. cities – the most widespread decline in over 19 months. Cities like San Antonio, Oakland, and Jacksonville are leading this trend, …
by Michael Consumer sentiment is plummeting, delinquency rates are rising, and nearly three-quarters of all U.S. consumers admit that they are “financially stressed”. If U.S. consumers are experiencing this much pain now, what will things look like six months from today if there are empty shelves and widespread shortages? We witnessed a brief period of severe financial …
This is a table from Canadian government statistics, specifically focusing on tax expenditures and their redistributive impacts. It highlights the Canada Child Benefit (CCB) under refundable credits, showing that recent immigrants receive a ratio of 2.56 compared to 0.84 for people born in Canada. This suggests that recent immigrants benefit significantly more from the CCB …
by Michael Americans watch more television than anyone else in the world, and as we watch television we are constantly being bombarded by commercials from pharmaceutical companies. As I discussed in a previous article, pharmaceutical companies spend more than 15 billion dollars on television advertising each year. The reason they do this is because it works. We …
US consumers are exhausted: Real income growth expectations of US consumers over the next 5 years are at record lows. Americans in the bottom-third income group now see record low ~18% chance of higher inflation-adjusted incomes in 5 years, By comparison, 5 years ago this… pic.twitter.com/ZVjiYAryp9 — The Kobeissi Letter (@KobeissiLetter) April 15, 2025 "More …
Retail dip buyers may vanish when reality finally lands. Given how overpriced the U.S. stock market is, and the severity of the coming recession and earnings decline, it still has a long way to fall. In fact, despite the decline, given the negative impact of tariffs, the market is more overpriced now than it was …
$DXY has now plunged more than 8% year-to-date, its worst start to the year since 1995. Got silver? Got gold? byu/Boo_Randy_II inWallstreetsilver
by confoundedinterest17 Its Monday! Typically we see Blue Mondays. But not with the tariff war between China and the US. We are watching a chess match between Trump and China. Dow futures are up 461 points at 9am EST. I’ve got a whole lot of lovin’ for the markets!
Brandon Smith has chronicled the developing economic tension between East and West for over a decade now. With global dedollarization accelerating in the background, the current trade war makes the BRICS agenda even more urgent. Here’s his take on the Rio Reset… By Brandon Smith For many years now I have been talking about the inherent …
President Donald Trump, during his announcement last week of sweeping tariffs on countries around the world, called groceries an “old-fashioned” and “beautiful term.” But his policies will make America’s groceries more expensive today, supermarket executives and food industry experts say. Supermarkets sell imported items in every section of the store: from fresh and packaged foods …
The Trump administration is preparing to send more immigrants with criminal records to El Salvador’s notorious mega prison on the heels of a Supreme Court order allowing the use for now of a sweeping wartime authority for deportations, according to two US officials. El Salvador has emerged as a key US ally in Latin America …
“There are only two outcomes to this trade war. Option 1: China folds. They agree to Trump’s terms, drop the tariffs, and the trade war ends. Trump takes full credit, and the U.S. gains yet another strategic and economic edge over China. Option 2: China, an authoritarian regime with a long track record of playing …
With the global tariffs and the stock market chaos, Jamie Dimon states that a recession is on the horizon, warning that “we will see more credit problems than people have seen in a long time.” pic.twitter.com/HNmc9zZcW2 — Ian Miles Cheong (@ianmiles) April 9, 2025 Let’s just all admit it. The chances of a recession are …
TRUMP JUST NOW: – Stocks were up 88% in my first term, they will be up more now that I get to do what I want with tariffs – Countries are calling me and “kissing my ass” – Congress wants to take away my power to negotiate on tariffs but Congress sucks at negotiating pic.twitter.com/IZv6YgKR8e …
Some truth telling on tariffs. This is going to hurt the middle class way more than Wall St. Seriously give this a listen pic.twitter.com/ibDE8NgfmV — QE Infinity (@StealthQE4) April 8, 2025 “What will China do? – a show stopper stimulus plan – start selling $760 Billion Treasury Bills – limit supply chain tech equipment to …
In a preprint study from the Cleveland Clinic, employees that got the flu shot had a 27% HIGHER chance of contracting the flu. h/t External-Noise-4832
by Martin Armstrong COMMENT: Marty, I just had to write. While everyone is blaming Trump and tariffs for the stock market crash, not only did Socrates forecast that months in advance, but I trade copper professionally, as you know. What you have created should be recognized as the answer society has been searching for over the …
WHY IS EVERYTHING CRASHING??!! 😭 pic.twitter.com/rdwWx8r4e0 — SlumDOGE Millionaire (@ProTheDoge) April 6, 2025 Good god NQ opening down 5.4% and ES down 4.7% The black Monday boys might get their wish pic.twitter.com/7ADZH8tK5A — Robert (infra 🏛️⌛️) (@infraa_) April 6, 2025 TECH STOCKS IN OVERNIGHT TRADING: 1. Robinhood, $HOOD: -17%2. AppLovin, $APP: -17%3. Palantir, $PLTR: -10%4. …
Milk is milk—until a label convinces you otherwise. That’s the quiet trick behind America’s grocery shelves. The same white liquid flowing through Walmart’s Great Value jug might be identical to what Meadow Gold sells for a dollar more. Both products could come from the same factory, same cows, same trucks, same tanks. The only real …
by Michael I am trying to find the words to describe the economic carnage that we are witnessing right now. Even before President Trump unveiled his new tariffs, the U.S. economy was rapidly heading in the wrong direction, layoffs were soaring, and stock prices were steadily falling. But now it is as if enormous amounts of gasoline have been …
On this day of 1996 , Nancy Pelosi a US member of Congress could have drawn the line to say to the President of the United States, do something about this US-China trade relationship that is a job loser for the United States.” Thirty years later and our annual trade deficit is now approximately $300 …
.@realDonaldTrump's team says he's never felt more confident. He’s on a mission to right the Swamp’s wrongs before the end of his term. The vision? Turn the country into a place with thriving main streets and hometowns, where American workers made American products sold to the… pic.twitter.com/jx8PZ5SE4u — Jesse Watters (@JesseBWatters) April 5, 2025 .@VDHanson …
Actually Steve Davis, who works with Musk at DOGE, corrected it in the interview saying that the online survey was part of an $830 million contract by the Department of the Interior that DOGE stopped. We saw the internal emails and contract that was stopped to back that up. https://t.co/RGtcefP2hE — Bret Baier (@BretBaier) April …
