Independent thinking for complex markets and current events
Export prices fall three months straight pressure builds on yen… BREAKING: Japan’s passenger car export prices to North America dropped -12.0% M/M in May, the largest decline on record. This follows a -4.5% decrease in April, driven by the 25% US tariff imposed on auto imports from Japan. Meanwhile, total export prices in yen terms …
A recent development in Toronto, Canada, has captured attention, as a local pizzeria has commenced charging customers a 2% “carbon fee” on their bills. This surcharge, purportedly implemented to “offset” the establishment’s “carbon footprint,” signals a novel approach by a private enterprise to address environmental concerns. This action warrants examination for its immediate implications for …
TRUMP ON AUTO INTEREST PAYMENTS AS TAX DEDUCTIONS: "We're going to do something that has never been done in this country before — If you buy a car in the United States that's made in the United States — we're going to let you deduct the interest payment for income tax." looks… pic.twitter.com/nw7cqhnZKl — amit …
by Martin Armstrong President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING RATES as U.S.Tariffs start to transition (ease!) their way into the economy,” Trump wrote. “Do the right thing. April 2nd is Liberation Day …
Sprinkling diamond dust into the atmosphere could offset almost all the warming caused by humans since the industrial revolution and “buy us some time” with climate change, scientists say. New research indicates that shooting 5.5 million tons (5 million metric tons) of diamond dust into the stratosphere every year could cool the planet by 1.8 …
Commercial real estate bubble is popping as we speak. — YW770 (@yosefwolf770) December 11, 2024 1. Stocks: all-time highs2. Home Prices: all-time highs3. Bitcoin: all-time highs4. National Debt: all-time highs5. Core CPI Inflation: >3% for 42 straight months, longest run of high inflation since early 1990s6. Fed: cutting rates again next weekhttps://t.co/R87GogKWA4 pic.twitter.com/iAFkBqmsid — Charlie …
via thetimes.co.uk: The government is to hand over £170 billion to the Bank of England to cover losses on its bond-buying scheme over the next decade, new analysis by the central bank suggests. Losses on the Bank’s quantitative easing (QE) programme, which are backstopped by the Treasury, are forecast to rise significantly as it sells …
Chipotle Mexican Grill plans to raise menu prices for the fourth time in two years. Millennials and Gen-Zers will have a shitfit when they discover additional price hikes. “For the first time in over a year, we will be taking a modest price increase to offset inflation,” Chipotle Chief Corporate Affairs Officer Laurie Schalow wrote in …
The government is technically in default? "QT has almost been entirely offset by Janet Yellen running down the Treasury Savings Account. She could have sold 10 years for under 1%… instead she runs down the Treasury Savings Account." pic.twitter.com/BMcFE6gGKk — Financelot (@FinanceLancelot) June 1, 2023 TGA fell to $37 billion yesterday. If The TGA has …