Independent thinking for complex markets and current events
The Hawaiian island of Maui has increased the number of missing people from the Lahaina firestorm to 1,100 The increase from 850 comes two weeks after deadly wildfires ravaged the island Maui police chief John Pelletier said authorities were refining the data and were hoping to publish a verified list of missing persons ‘in the next few days’. …
The number of chronically absent schoolkids jumped by 6.5 million from before the pandemic to the 2021-22 year, says a study on how COVID lockdowns hurt classroom attendance. More than a quarter of students missed at least 10 percent of the 2021-22 school year, making them chronically absent, Stanford University research shows. Before the pandemic, …
What’s going on with Saudi Arabia? A lot. Saudi Arabia hosts world leaders, strikes huge deals with China, and is all about sport. The kingdom’s sovereign wealth fund will take over the four biggest football clubs. But this is also happening: the suppression of critical voices has intensified in Saudi Arabia. Saudi courts imposed up to 45 years in prison …
The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes “If sustained, a broader spending pullback could threaten the expansion” Yes, obviously (credit card debt …
The number of farms globally will shrink in half as the average existing farm size doubles by the end of the century, according to a new study by researchers at the University of Colorado-Boulder. The study tracks the number and size of farms year-over-year from the 1960s and projecting through 2100. Zia Mehrabi, an assistant …
https://t.co/fZhvHiuQ6S — Win Smart, CFA (@WinfieldSmart) August 4, 2023 Number Of Americans Able To Afford $400 Surprise Bill Slides In Era Of 'Bidenomics' https://t.co/3dV6xksB5F — zerohedge (@zerohedge) August 4, 2023 #Fed QT accelerates. Fed balance sheet shrank $91bn in July, -$759bn from peak, biggest drop ever to $8.2tn, lowest level since July 2021. Fed has …
by confoundedinterest17 The wheels are coming off the Bidenomics recovery. US job openings (JOLTS) keep declining as The Fed withdraws its Covid sugar splash of monetary stimulus and raise The Fed’s target rate. For those enthralled by the narrative that AI will cause a margin-busting corporate revolution as millions of well-paid, middle-management employees are replaced …
https://www.youtube.com/watch?v=96EADYqtBHA Domino’s store closings are soaring in 2023. The biggest pizza chain in the entire globe has admitted that it raised prices way too fast, and now it is facing the consequences of this decision as sales continue to fall in most of its locations in the U.S. and the world. The company is facing …
by scott_jr Nearly 22% of all people who applied for a loan said they had been rejected as of June. That’s just shy of a rejection rate last seen in June 2018. The record rejection rate was just over 24% in October 2014. New York Fed researchers have been asking consumers about their access to …
by Chris Black They are not even pretending to care that we know. It’s like, they know that we know and we know that they know that we know. This is Meta/Facebook Threads’ new logo: https://twitter.com/AAmeeelia/status/1677445441477046272 At this point, it doesn’t even matter for people that our rulers are literal satanists. We’re getting what we …
More than 2,200 stores are closing across the US in 2023. Here’s the full list: It’s not exactly the retail apocalypse of prior years, but it’s a shakeup nonetheless. An Insider tally of announcements by major retailers in 2023 finds as many as 2,280 stores set to close across the US. The rationales are varied: …
Seems like you are the problem if you cant address and correct your number priority in 20 years. https://twitter.com/thekevindalton/status/1675250179220574208?s=46&t=z4S3SbHryFIVFQgblrJk4Q And remember, when was in charge of San Fran he gave the homeless bus tickets to go out of town, to any town but his. h/t labbond
Barack Obama has used a stolen social security number most of his adult life. The one he uses was issued on March 28, 1977 to someone living in Connecticut, born in 1890 and is now long deceased. Obama was fifteen years old that day, living in Hawaii and playing on the junior varsity basketball team …
by Dismal-Jellyfish Source: Memorandum from the Division of Economic and Risk Analysis My understanding is figures 9 and 10 outline the daily market participants’ gross positions in securities exceeding 7% and 10% of the security’s market capitalization. On average, 65 participants exceed the 7% threshold daily, and 46 exceed the 10% threshold. The highest recorded numbers …
by Michael Joe Biden and the mainstream media keep telling us that the economy is in good shape, but we continue to get more evidence that directly contradicts that assertion. Over the past few years, the cost of living has been rising much more rapidly than paychecks have, and this has absolutely eviscerated the middle …
Are you completely exhausted from seeing your bills piling up every month? Do you feel like no matter what you do, your financial situation never actually improves? Are you noticing that your purchasing power can’t afford the same it used to just a few years back? Money trouble is keeping a growing number of Americans …
via internationalman International Man: Let’s start with the basics. What are holidays, and why are they important to a culture or country? Doug Casey: The word “holiday” actually comes from “holy day”; it has a religious derivation. Once upon a time, I’d say as recently as the 1950’s, religion played a very important role in Western culture. …
The number of people diagnosed with a heart rhythm condition that puts them at increased risk of a stroke has now passed 1.5m for the first time, according to our new figures. Our medical director Professor Sir Nilesh Samani, Medical Director, said: “These figures show a quite astonishing rise in the number of people diagnosed …
FACT: Under Biden, inflation has outpaced wages for 25 consecutive months. pic.twitter.com/InhJtCrww6 — RNC Research (@RNCResearch) June 2, 2023 Recession Alert: Record Number Of Americans Worse-Off Financially https://t.co/2mQtXWe4Iv — zerohedge (@zerohedge) June 2, 2023 https://twitter.com/PeterSchiff/status/1664648156850581505 *WALMART SAYS DRY GROCERY INFLATION IS OVER 20% OVER TWO YEARS — zerohedge (@zerohedge) June 2, 2023 https://twitter.com/PhilipSoos/status/1664495450144272385 When the …