Independent thinking for complex markets and current events
Are banks deliberately engineering financial crises? Is the Federal Reserve part of a scheme to erode your wealth? Dive into these questions with G. Edward Griffin, the author of “The Creature from Jekyll Island,” in a must-watch interview with Daniela Cambone. Griffin reveals the shocking truth about how crises benefit the elite, the hidden agenda …
Chinese stocks hit a decade-low P/E ratio at 8, revealing a concerning trend in valuation practices. In a seismic development, a Hong Kong court orders Evergrande’s liquidation, plunging its stock further, while China’s real estate index remains in an 85% free fall. In response to the crisis, China deploys economic stimuli, contemplating a short selling …
As the earnings season unfolds, the SPX’s first-quarter and year-ahead earnings projections are on a downward spiral. Earnings surprises are meager at +6.1%, marking 2023’s weakest performance. With a grim earnings growth of about -2%, the initial expectations of +2% have crumbled. Over 20% of the S&P 500 has reported lackluster results, raising concerns about …
The whole of Great Britain was plunged into -20 freezing Arctic temperatures this week as the Global Warming driven polar air mass covered the country. Shivering Brits on their tiny island will have to pile on the winter clothing until February when the Mir, Siberia Scotland gas pipeline is completed bringing cheap natural gas from …
https://twitter.com/WinfieldSmart/status/1736936139418661091 Chinese equities hit 5-year low as doubts grow about decades of stunning growth. Post-COVID recovery disappoints, challenging Beijing to choose between more debt or slower growth in 2024 and beyond. Contrary to expectations, consumers save, foreign investment declines, factories struggle, and property markets face instability, raising concerns about China’s growth model. Some economists draw …
ESG global investments have seen a staggering $5 trillion collapse in just two years. BlackRock and Vanguard strategically utilize ESG scores to influence companies toward woke hiring and climate practices, as explained by BlackRock CEO Larry Fink and the CEO of AmEx. ESG COLLAPSE: ESG global investments have collapsed by $5 TRILLION in just 2 …
The collapse in the Producer Price Index (PPI) signifies a critical shift, as companies find themselves unable to command exorbitant prices from customers, leading to a significant impact on their profit margins. The era of making extraordinary profits and refinancing at 0% appears to be coming to an end, exacerbated by the Federal Reserve’s decision …
by TonyLiberty Disney $DIS is facing a bunch of challenges that have caused its stock to plummet, and its market value to decline by over $200 Billion: 1) Declining Disney+ subscribers 2) Ongoing Hollywood strike 3) Fee dispute with the second-largest cable company Netflix $NFLX has seen a 50% surge in its shares this year …
Home foreclosures starting to explode Have you been looking around the housing market and thinking “There goes the neighborhood”? Well, you are not alone. In May of this year, ATTOM recorded a sharp uptick in foreclosure rates around the United States. Adding up notices of default, repossession by banks and auctions on the calendar, the …
by confoundedinterest17 Commercial real estate (CRE), particularly office space, reminds me of the Arthur Brown tune “Fire!” except that Jerome Powell of The Federal Reserve is the God of Hellfire! While fighting inflation caused by … The Federal Reserve and insane Federal spending (aka, Bidenomics). Call this the Over, Under, Sideways Down economy. The top 1% are doing quite …