Independent thinking for complex markets and current events
Nearly four in ten Americans believe we are living in the end times, according to the Pew Research Center. Among historically Black Protestants and evangelicals, the belief climbs to 76 percent and 63 percent respectively. These numbers reflect widespread anxiety grounded in economic and social stress. Mortgage demand is collapsing. Applications fell 10.9 percent in …
Over half of Americans say health care, a weeklong vacation and a new car are unaffordable, per ABC — unusual_whales (@unusual_whales) March 17, 2026 JUST IN: US 30-Year Mortgage Rate jumps to 6.86%, the highest level since November byu/RobertBartus inEconomyCharts Another out of context quote. Full quote shows Hassett saying this is “going ahead of …
139% Above Its Mean. Every Prior Peak Collapsed." This is the Q Ratio — the broadest measure of US stock market valuation vs. the replacement cost of assets. Right now? 139% above its long-run average. We just touched 147% — above the 3 Standard Deviation line. Here's what… pic.twitter.com/1kb91n7nCV — The Economic LongWave (@TheELongWave) March …
via peterplanner The World’s Most Chaotic Price Tag: Britain’s Inflation Meets a Middle East Meltdown Just when British households were hoping for a quiet year of “only mildly painful” grocery bills, the universe said no. Food prices are edging upward again, with Kantar reporting a renewed rise in grocery inflation after months of decline, and …
Michelle Obama: "As black women, we don't articulate our pain… like nobody allows it" pic.twitter.com/IyM7MWC594 — End Wokeness (@EndWokeness) January 27, 2026
As Americans’ wallets start to feel the weight of tariffs, Amazon CEO Andy Jassy said the bill is soon coming due. “You start to see some of the tariffs creep into some of the prices,” Jassy said in an interview with CNBC at the World Economic Forum meeting in Davos, Switzerland. “Some sellers are deciding …
Banks seize 367,000 homes as housing pain spreads across US… and it is about to get much worse https://t.co/YWpfrzWOTz — Daily Mail US (@Daily_MailUS) January 15, 2026 The past year was difficult for homeowners — but experts warn that 2026 could be even more challenging. Foreclosures — when a bank or lender takes back a …
MORGAN STANLEY: BUY THE DIP NOW FOR 2026 GAINS Michael Wilson says the current stock market pressure is a tactical correction caused by Fed liquidity jitters, NOT fundamental deterioration. 🔸 The damage “under the surface” suggests the correction is nearing its end. 🔸 Wilson remains highly bullish, expecting the Fed to cut rates and forecasting …
BREAKING: Senate Democrats have done the UNTHINKABLE and BLOCKED a bill that would’ve paid essential workers during the Schumer Shutdown. They are ALL ABOUT inflicting maximum pain on the American people, it couldn’t be more obvious. Democrats DON’T CARE about Americans!!! 🚨BREAKING: Senate Democrats have done the UNTHINKABLE and BLOCKED a bill that would've paid …
Florida’s housing market didn’t cool. It cracked. Pandemic money, remote-work fantasies, and short-term rentals pretending to be long-term investments pushed prices to unsustainable heights. Now the air is rushing out. Cape Coral homes lost nineteen percent of their value. Fort Myers dropped thirteen percent. Sarasota, Naples, Miami, all sliding. These aren’t small corrections. They are …
The US has for months been helping Ukraine mount long-range strikes on Russian energy facilities, in what officials say is a co-ordinated effort to weaken Vladimir Putin’s economy and force him to the negotiating table. American intelligence shared with Kyiv has enabled strikes on important Russian energy assets including oil refineries far beyond the frontline, …
…as is this pic.twitter.com/RX3uEP90IM — Northstar (@NorthstarCharts) September 26, 2025 Bitcoin itself hasn't broken down yet, so all hope is not lost… pic.twitter.com/7A0326p8sm — Northstar (@NorthstarCharts) September 26, 2025
by Michael How many plagues have to hit us before people finally start waking up? So far this month I have written about rabbits with “black, tentacle-like protrusions coming from their heads”, squirrels with “ghastly growths that burst open”, deer that have “tumor-like growths hanging off their bodies”, and a “mysterious fungus” that is transforming spiders in the United States and elsewhere …
via Mike Maharrey For the second straight month, consumer borrowing was weak, indicating Americans might be close to their credit limits. Over the last several months, credit card spending has dropped, signaling that Americans may be running out of borrowing power. This is bad news for an economy that depends on consumers buying stuff to …
German luxury carmakers just got steamrolled. Trump-era tariffs are still biting. EV demand is soft. China is turning away. Even with a draft trade deal in the works, the earnings bloodbath is already here. Mercedes collapsed first. “Revenue fell 10 % to €33.15 billion ($38.82 billion), and adjusted EBIT dropped 68 % to €1.273 billion ($1.47 billion). Net profit fell nearly 70 % to €957 million …
Inflation rose in June to 2.6 percent annually, higher than economists expected. The Federal Reserve’s preferred gauge, the personal consumption expenditures (PCE) price index, showed prices increasing as tariffs on imported goods pushed costs up. Vanguard analysts said, “Core goods … should reflect substantial growth due to tariffs, especially on sensitive categories like household furnishings …
Rates are screaming, but the market still hums along. The bulls are running on fumes, but they are still running. Just reviewing some charts this morning, and this one jumped out at me. The ~20% correction in April was a successful test of the running 36-month moving average which is the 7th test since the …
Everybody is so happy right now. The Dow Jones Industrial Average surged over 1,000 points today, television commentators are overflowing with positive sentiment, and even many of President Trump’s fiercest opponents are celebrating. It warms my heart to witness such widespread happiness, and part of me hesitates to cast a shadow on this collective jubilation. …
“In a stagflation scenario, the risk is that rates will be higher for longer and credit losses will begin to accumulate, in particular for lenders to tech, growth, and VC, where borrowers are characterized by having no earnings and low coverage ratios.” Apollo Sadly, today's gap up in markets won't fix this. Per FDIC, the …
It’s been too easy for far too long. You can feel it in the air. Something is off. Money has flowed like water from broken pipes and the damage is everywhere. Free handouts became a way of life. Stimulus checks. Pandemic subsidies. Canceled student loans. Frozen rents. Each move chipped away at the foundation. And …
Chinese factories are getting wiped out in the trade war. Containers are down by half. Factories are laying off half their workers or shutting down. One local analyst calls it "way bigger” than Covid-19. China needs a deal. pic.twitter.com/C93kukiUmy — Peter St Onge, Ph.D. (@profstonge) May 1, 2025 Layoffs at Chinese factories and trucking companies …
by TheOneTrueThrowaway1 I’m an American in China but have been seeing very little foreign reporting about what’s happening in China, which is weird to me because it seems pretty important to get a clear picture of the trade war. So here’s what I learned from him. Gov support -The local government is helping and giving him …
China’s exporters are scrambling to find domestic buyers for their consumer goods as orders from the United States have dried up during an escalating trade war. On Chinese social media platforms, exporters joined the domestic direct-to-consumer livestream market, attempting to offload products that were initially meant for foreign customers. Some factories have slowed or halted …
Layoffs are expected to start within the next month. Also, massive loss of state and local tax revenues derived from tourist spending. Foreign tourism has fallen off a cliff. This is a $100B domestic industry largely concentrated in NYC, southern Florida, southern California, and Las Vegas. Hotels, airlines, restaurants, and tour guides are already feeling …
"For all of 2025, [analysts] see profits rising 9.4%, compared with a projection of 12.5% at the beginning of the year."@NKniazhevich pic.twitter.com/bArD2ic1wC — Daily Chartbook (@dailychartbook) April 9, 2025 DELTA CEO: GROWTH HAS ‘LARGELY STALLED’ WITH TRADE UNCERTAINTY || TAKING ACTION TO PROTECT MARGINS, CASH FLOW || TO REDUCE PLANNED CAPACITY GROWTH IN H2 TO …
Politico was surprised that countries are not quickly raising their tariffs. Trading partners wonder what pain level he will sustain and who must concede first. The bottom line is that when it comes to Trump today, “We don’t know what the pain threshold is,” said Brian Gardner, chief Washington policy strategist for investment banking firm Stifel …
What this tard doesn’t understand is that Canadians are Americans too and they have a lot more to lose in a trade war than the USA simply because they depend more on exports (57 seconds). 🚨JUST IN PREMIER FORD: "WE HAVE TO MAXIMIZE PAIN FOR THE AMERICANS" "I feel terrible for them" pic.twitter.com/VVxneE7at7 — Tablesalt …
Halal abattoir staff slammed sheep hard onto concrete floors and played recordings of wolves to the terrified animals as they were dying, footage reveals. In a string of acts captured by hidden cameras, workers also breached animal welfare laws in ways that an academic said would have inflicted “immense pain, fear and distress”. Sheep were …
