Independent thinking for complex markets and current events
BioNTech is turning out the lights at the Singapore plant and planned regional headquarters it purchased from Novartis at the height of the COVID-19 outbreak, reflecting a sharp reversal in the mRNA specialist’s trajectory since the pandemic’s end. BioNTech announced the purchase of the Singapore facility from Novartis in November 2022, the same year the …
by Michael Look out below, because the dam is beginning to break. Many of us were projecting that our economic problems would accelerate during the early portion of 2026, and that is precisely what has taken place. Employers are conducting brutal layoffs all over the nation, the number of job openings continues to decline, stores and restaurants …
TICKET PRICES for Super Bowl LX have plummeted by an incredible 30 percent with only a few days to go until the big game. Since the Super Bowl teams were set after Championship Sunday, ticket resale prices have dropped by just under $2000. The New England Patriots take on the Seattle Seahawks on February 8 …
by Michael There are all sorts of signs that the relentless pressure that has been causing an enormous amount of stress on our financial system is starting to break things. Do you remember how bad things got in 2008 and 2009 when home prices fell dramatically? Well, as you will see below, it is beginning …
https://finance.yahoo.com/news/reddit-stock-falls-for-second-day-as-references-to-its-content-in-chatgpt-responses-plummet-135203534.html Reddit (RDDT) stock fell roughly 12% Wednesday, extending a decline from the previous trading session amid new data that showed the use of its content in leading AI chatbot ChatGPT had plummeted in mid-September. Reddit content was cited in just 2% of ChatGPT responses on Tuesday, much lower than the 9.7% of ChatGPT responses …
*TRUMP OFFICIALS TO LINK CHILD DEATHS TO COVID SHOTS: WAPO — zerohedge (@zerohedge) September 12, 2025 BREAKING: Pfizer, $PFE, and Moderna, $MRNA, stock fall sharply on reports that US officials are planning to link COVID-19 vaccines to 25 child deaths. pic.twitter.com/vKOhH2qr0e — The Kobeissi Letter (@KobeissiLetter) September 12, 2025 “Trump health officials are set to …
Bob Elliott, CEO and CIO of Unlimited, warns of a looming “season of disappointment” as soaring markets like the S&P 500 at 6,100 mask a decelerating U.S. economy, with a $109.6B income drop, hiring freeze, and tariff-driven price risks threatening a potential crash.
Households are leaning hard on debt just to stay afloat. Total consumer credit stood at over $5 trillion in Feb. 2025 — a nearly $1 trillion jump since the Covid-19 pandemic — while the personal savings rate has dropped to barely 2.5%, among the lowest levels outside of historic recessions. This isn’t just headline noise; …
🚨 #BREAKING: U.S. inflation continues to plummet. Wow. Look at that. Down, down, down. pic.twitter.com/HoVnJg79w0 — Eric Daugherty (@EricLDaugh) April 6, 2025 By the way, what happened to all the people panicking about egg prices five minutes after Trump took office?
by confoundedinterest17 New USDA data reveals a third consecutive week of price declines at supermarkets. But the media is always willing to blame Trump for anything, including eggs prices. Velocity of M2 Money is back to where is was when Trump left office the first time. Eggs versus M2 Money. Riding the Trump wave of …
Reality is finally starting to set in for a lot of people who thought they would never have to pay back a lot of the debt taken out during the pandemic, specifically student loan debt. Now student loan borrowers who are more than 90 days Delinquent are seeing their credit scores plummet by as much …
2/2 But the stock is being legally manipulated via weekly call option buying daily, so the “stock price bros” can ignore all that (for now). But that won’t last as the real biz crumbles. 2025E is the “year of the TSLA bear”. pic.twitter.com/emfKds5V9b — Gordon Johnson (@GordonJohnson19) January 4, 2025 You want to sell when …
by confoundedinterest17 It is a brave new world as the US attempts an Argentina-like shift from an over-regulated, corrupt economy to a more free economy. While Argentina has Javier Milei, the US is stuck with greedy Democrats and RINOs and their bloated spending sinking any attempt to cut wasteful spending. So as we transition from woefully …
Furniture sales in the U.S. have plummeted, signaling a significant downturn in the industry. In January 2024 alone, sales at furniture stores dropped by 9.8% compared to the previous year. This decline is prompting many retailers to hold going-out-of-business sales, particularly among smaller retailers struggling to stay afloat. Consumers are shifting their spending habits, moving …
Chevy, Ford and RAM have been screwing American truck buyers for years, and now their insane price gouging is finally catching up to them. Truck prices are out of control and now dealerships are having to give massive discounts just to sell the trucks they have on the lot. Ford sales are so slow that …
Global fertility rates have dropped significantly over the past several decades, raising critical questions about the future of populations worldwide. In 1963, the average global fertility rate was around 5.3 children per woman. By 2021, this figure had decreased to approximately 2.3 children per woman, marking a staggering decline of about 3.0 children over roughly …
Despite interest rates coming down, buyers are not returning to the housing market and inventory continues to build across the country. In some parts of the U.S. we are seeing inventory levels jump beyond pre-pandemic levels and nationwide inventory levels are nearly back to pandemic as well. How low interest rates have to go to …
Do they want to dress it up for sale again?They were heading that way last year. Subway clamps down on franchisees as fast-food giant eyes $8B sale (2023) (NY Post Feb 2023) According to sources, Subway wants to consolidate ownership under a few large operators and shift away… pic.twitter.com/3ox4XqZdTq — floridanow1 (@floridanow1) August 15, 2024
According to data aggregated by the Survey Center on American Life, the percentage of young men (under 30) who identify with or lean toward the Democratic Party has indeed decreased from 51% in 2016 to 39% in 2023. https://twitter.com/eyeslasho/status/1812827412092051712
Investors are now selling at a loss in Florida’s Housing Market, with the Zillow Value estimates on some listings collapsing as much as 30%. Indeed, the seasonally-adjusted estimate of new houses for sale at the end of May was 481,000, marking the highest level since January 2008. This surge in inventory is a result of rising …
Job openings are collapsing; the Bloomberg, Citi, and GS economic surprises indices are all below zero; and the Atlanta Fed GDPNow model has cut its Q2 GDP growth estimate from over 4% in mid-May to 1.8% now (and only 1.3% if you exclude inventories). Frosty! pic.twitter.com/USTdO1oQIc — Peter Berezin (@PeterBerezinBCA) June 5, 2024
https://twitter.com/GayBearRes/status/1802451948626415808 The number: California is suffering from the nation’s second-biggest drop in job openings since the Federal Reserve began hiking interest rates two years ago. The source: My trusty spreadsheet looked at job openings for the 50 states and Washington, D.C., for March – the latest available – and compared them with March 2022. The why: The Fed …
1) Austin's housing market is a cautionary tale about what can happen in "boomtowns". Everyone moves in. The prices surge. Builders start pulling too many permits. And then, sooner than you know, the market flips. And inventory gets dumped onto the market as demand and prices… — Nick Gerli (@nickgerli1) May 24, 2024 2) You …
by Michael Fertility rates have fallen way below replacement level throughout the entire industrialized world, and this is starting to cause major problems all over the globe. Aging populations are counting on younger generations to take care of them as they get older, but younger generations are not nearly large enough to accomplish that task. …
Chinese home prices are plummeting at an alarming rate, surpassing the decline seen during Japan’s infamous bubble burst. With a lack of transparency, the full extent of the crisis remains uncertain, but indicators suggest it could be ten times worse than the 2008 financial crisis. Residential real estate volumes have dropped by a staggering 46% …
Beneath the surface of reported crime statistics lies a troubling reality: a decline in reported crimes masks a surge in unreported incidents, fueled by plummeting arrest rates and faltering law enforcement. As the narrative of decreasing crime faces scrutiny, revelations from the National Crime Victimization Survey unveil a stark contrast, painting a picture of escalating …
Market turbulence ensues as S&P 500 futures plummet nearly 100 points within minutes following March CPI inflation data. Rising inflation for the second consecutive month sparks concerns and fuels speculation about potential rate cuts. BREAKING: S&P 500 futures are now down nearly 100 points in less than 10 minutes after March CPI inflation. The 3.5% …
Trump Media plunges more than 25% after company reports net loss of $58 million in 2023 The share price of Trump Media plunged Monday after the social media app company closely tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & …
The used car market is in a curious state as prices have continued to fall precipitously in the early part of 2024, but they have yet to reach pre-pandemic levels due to higher-than-usual demand. Data from the first 15 days of February indicates a substantial decline in prices for wholesale used vehicles, accounting for variations …
