Independent thinking for complex markets and current events
The Brief Arizona is faring better than other states in tracking down money from pandemic unemployment fraud. There is still nearly $4 billion unaccounted for, however. Nationwide, the recovery rate of unemployment fraud money recovered is in the single digits, while in Arizona, that number is closer to 30%. PHOENIX – Arizona investigators are still …
by David Haggith A new supply-chain crises is storming around us, and shipping is worse than when we were as many days into the Covid lockdowns as we are now into the Trump Tariffs. The stock market has returned to crashing due to dark clouds already thundering all around us because of the Trump Tariffs: …
Not since the early weeks of the pandemic have Americans been this certain that unemployment will spike. Consumers surveyed by the Federal Reserve Bank of New York in March put a 44% probability on the nation’s jobless rate being higher a year later, marking the highest level since April 2020. The New York Fed’s latest …
BREAKING: US financial conditions are now their tightest since the 2020 pandemic, per ZeroHedge. Financial conditions are even tighter than during one of the most rapid Fed hike cycles of all time, in 2022. Conditions have tightened rapidly as stocks have pulled back, while… pic.twitter.com/d53KqrwU4D — The Kobeissi Letter (@KobeissiLetter) April 14, 2025 Is this …
“Americans are planning fewer vacations in an era where it’s probably much needed. Research nonprofit the Conference Board tracks Americans who plan on taking a vacation on a six-month basis. In Feb., it was the lowest in 15 years, apart from the COVID-19 pandemic, which halted almost all travel. “The biggest downside risk is that …
The world is awash in uncertainty; it now exceeds the onset of the pandemic in 2020. pic.twitter.com/bwkNWbDefU — Diane Swonk (@DianeSwonk) February 16, 2025 Bears must love SPX seasonality for the next 30-40 days. pic.twitter.com/cJOxQ30YCI — BraVoCycles Newsletter (@BraVoCycles) February 15, 2025 ‼️Short-sellers are CAPITULATING: Short interest on S&P 500 ETF, $SPY, has declined to …
by Martin Armstrong Over 6,481 retailers have closed their doors since the beginning of the new year, according to data from Coresight Research in November, but that figure is expected to reach 7,327, marking a 57.8% increase in closures since 2023. During the pandemic, closures exceeded openings by 180 stores in 2020, with the gap …
Keith Poulsen’s jaw dropped when farmers showed him images on their cellphones at the World Dairy Expo in Wisconsin in October. A livestock veterinarian at the University of Wisconsin, Poulsen had seen sick cows before, with their noses dripping and udders slack. But the scale of the farmers’ efforts to treat the sick cows stunned …
One of our most legendary @MacroEdgeRes calls to date was our global employment forecast for Canada from March of 2023. — Don Johnson (@DonMiami3) December 10, 2024 Canada is in a silent depression. 🤫🇨🇦 Pay attention to all the clues. 👇🏽 pic.twitter.com/LfpreO8ZnI — EconomicWoes 🤖 (@ManyBeenRinsed) September 14, 2024 Imagine dropping 1.8M on a house …
Correct @joerogan…the Conspiracy Theorists were right… “The House released a 500 page report on the ‘Pandemic’. They basically said all of the conspiracy theorists were correct. Every single one of them. No repercussions…no apologies. None of it…” pic.twitter.com/bcOo9ERNyp — Liz Churchill (@liz_churchill10) December 5, 2024 Summary: https://oversight.house.gov/release/final-report-covid-select-concludes-2-year-investigation-issues-500-page-final-report-on-lessons-learned-and-the-path-forward/ Actual document: https://oversight.house.gov/wp-content/uploads/2024/12/2024.12.04-SSCP-FINAL-REPORT-ANS.pdf h/t Educational_Ice_6077
Home sales in Miami, FL have collapsed. Down 48% from their pandemic peak. Miami has experienced the largest drop in buyer demand of any large metro area in the last 3 years. Prices in Miami are still high. But could start dropping in 2025 as a result of this monumental collapse in demand. Home sales …
by Mike Maharrey Talking heads and politicians laud the “resilience” of American consumers. They managed to keep spending despite rapidly rising prices thanks to post-pandemic price inflation. But these pundits and politicos rarely talk about how Americans have weathered the inflationary storm. When you look at the big picture, it’s not a story of resilience but one …
Source: LSEG Datastream, wealth advisory firm Marcum Wealth. San Francisco Fed shows the same data: https://www.frbsf.org/research-and-insights/blog/sf-fed-blog/2024/05/03/pandemic-savings-are-gone-whats-next-for-us-consumers/ A chart. Amazing that 4 years later, that much money is still sitting around. h/t 4score-7
https://twitter.com/RaymieMark/status/1829162596492292106 What stage? https://t.co/nl1mq3RFPD — KKGB (@INArteCarloDoss) August 29, 2024 Pending Home Sales in the United States decreased 8.50 percent in July of 2024 over the same month in the previous year.https://t.co/NHmalX7Rux pic.twitter.com/WOKdO4kX1W — TRADING ECONOMICS (@tEconomics) August 29, 2024 The other sectors of the economy are pulling the rest of the weight, buoyed by …
Valentina Gomez tells it straight. Do not comply! We will not comply! Another election, another pandemic scare. Monkeypox- Imagine that. Get out of here with that Mpox nonsense. We will not listen to the WHO. Who will not comply? 🙋♂️ pic.twitter.com/e0qQnJaEsd — 👉M-Û-R-Č-H👈 (@TheEXECUTlONER_) August 15, 2024 https://twitter.com/_/status/1824034554618982577 🚨 Trump warns about lockdowns and election …
Borrowing in JPY, exchanging for USD (unhedged), buying US equities now they need to buy a rising JPY to cover their new obligations, and to get it they need to sell those equities. h/t _amc_
19 nursing homes in Pennsylvania and West Virginia declared bankruptcy. This includes facilities operated by Guardian Healthcare, which filed for Chapter 11 bankruptcy protection. The company cited the lingering effects of the COVID-19 pandemic, labor shortages, wage inflation, and new staffing regulations as contributing factors. This situation is part of a broader trend affecting senior care facilities …
"M&A activity across the US and Canada slowed in the second quarter of 2024 to the lowest level since the early days of the pandemic, owing to relatively high interest rates and financing challenges."@SPGlobal pic.twitter.com/Vd9ervi16o — Daily Chartbook (@dailychartbook) July 17, 2024 There are 33 MILLION small businesses in the US, 44% of GDP. They …
Consumer sentiment is lower today than during the height of the pandemic lockdown in March/April of 2020. It is currently at levels traditionally seen during recessions. — Wealthion (@wealthion) July 14, 2024 THIS IS WILD: $2.1 trillion of US excess savings were spent in 3 years As a result, cumulative excess savings are now NEGATIVE …
(RTTNews) – A report released by the Conference Board on Friday showed its reading on leading U.S. economic indicators fell by more than expected in the month of May. The Conference Board said its leading economic index decreased by 0.5 percent in May following a 0.6 percent decline in April. Economist had expected the index …
The rate of price increases for food has subsided in recent months, according to the latest government inflation data. However, shoppers still report feeling burdened by the prices they’re seeing in the grocery store aisles. To that point, within the past few years, 80% of Americans say they’ve felt a notable increase in the cost …
US labor market is only strong in the headlines: 1.5 million Americans lost their full-time job in just 6 months. Meanwhile, the BLS and Media Headlines: The US economy has been adding jobs for 40 straight months. Truly incredible.https://t.co/aBnhvZ4VI6 — Global Markets Investor (@GlobalMktObserv) June 18, 2024 Magic, pure magic pic.twitter.com/p914IlcsCP — Michael A. Arouet …
Two years of negotiations ended Friday without a final draft of a global agreement on how to best handle the next pandemic that public health officials say is sure to come. After the COVID-19 pandemic, the World Health Organization was asked to write an agreement on how to respond to the inevitable next one and …
🚨🌎 Bird Flu Pandemic “State of Michigan just declared a Bird Flu Emergency” “They are now PCR Testing Animals to create an artificial crisis” “We have credible evidence that it’s gain of function research being done again” Listen to Dr. Peter McCullough on the last evil… pic.twitter.com/wkQVHthmab — Concerned Citizen (@BGatesIsaPyscho) May 19, 2024
The World Health Organisation’s draft pandemic preparedness treaty is not currently acceptable to the Government, a health minister has said. Andrew Stephenson told Parliament the Government is “firmly fighting in Britain’s interest”, adding that the WHO must “fully respect national sovereignty” in any treaty which comes forward as a result of negotiations. But MPs have …
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
WHO Member States agreed to resume negotiations aimed at finalizing a pandemic agreement during 29 April to 10 May. The decision came at today’s end of two weeks of intensive country-led discussions on critical subjects aimed at making all countries of the world better prepared for, and able to effectively and equitably respond to, future …
Notably, commercial real estate delinquency rates have been on the rise, with a large contributor being office real estate. The RTO company mandates have not brought occupancy levels back to where they were previously: https://t.co/afY0mHeh88 — Reef Insights (@ReefInsights) March 19, 2024 Rising delinquency rates in commercial real estate present a growing concern for both …
NEWS: WHO Director-General Tedros Ghebreyesus calls the pandemic treaty “mission critical to saving humanity.” He goes on to tell young people, “It’s likely you will face another pandemic in your lifetime.” NEWS: WHO Director-General Tedros Ghebreyesus calls the pandemic treaty “mission critical to saving humanity.” He goes on to tell young people, “It’s likely you …
