Independent thinking for complex markets and current events
JPMorgan Chase CEO Jamie Dimon recently issued a stark warning about the potential for a “hard landing” for the U.S. economy. He cited concerns about stagflation and persistent inflation. Dimon made these comments during an interview with CNBC at the JPMorgan Global China Summit in Shanghai. The economic environment is currently unpredictable due to elevated interest …
BREAKING 🚨: Japan Japanese Yen is in imminent danger of falling to the 160 level against the U.S. Dollar and is on track for an 8th consecutive daily decline against the USD! Absolute collapse here! pic.twitter.com/V2SE3W52zw — Barchart (@Barchart) June 24, 2024 USD/JPY pic.twitter.com/oL2Qdgsiob — Win Smart, CFA (@WinfieldSmart) June 24, 2024 Japan says it's …
It appears that there is a significant decline in China’s M1 money supply growth rate. According to the data and tweets provided, the M1 money supply in China has been decreasing since June 2023, with the most recent figures showing a 4.2% year-on-year decline in May 2024. This is a notable shift from the previous …
An important reminder that everyone and their mother is currently long the US dollar. Crowded positions are often mistaken, making a squeeze in the opposite direction highly likely. While gold and commodities can indeed rise alongside a strengthening US dollar, this is an… pic.twitter.com/i5jGeeXDVU — Otavio (Tavi) Costa (@TaviCosta) June 12, 2024 Deficit spending as …
Media is panicking that Trump is going to win. Rolling Stone put out a list of “terrifying” things Trump might do. Including cheap oil, defining gender, deporting illegals “by the millions,” and prosecuting thousands of Deep State criminals. Media thinks all this is because… https://t.co/8260yikuhm — Wall Street Mav (@WallStreetMav) June 4, 2024
Recent economic updates from the U.S. paint a bleak picture, stirring deep unease among investors. The latest indicators, including the sharp decline in the Bloomberg Economic Surprise Index, signal a worrisome underperformance reminiscent of the tumultuous trends observed in 2019. This downturn in economic sentiment comes at a precarious moment, with all eyes fixed on …
The recent surge in gold prices serves as a stark contrast to the cautious approach taken by wealth advisors, with a significant 71% allocating only 0-1% of their portfolios to the precious metal. What’s even more striking is the absence of any investors holding 10% or more in gold—an indication of underutilization despite its historical …
Secret Service Agents warn Congress over potential “Insider Threats” pic.twitter.com/3Fim9602Mf — Jesse Watters (@JesseBWatters) May 10, 2024
NATO has confidentially and unofficially identified at least two “red lines” that could lead to the Alliance’s direct intervention in the war in Ukraine, according to Repubblica. While there are currently no operational plans for deploying troops to Ukraine, these “red lines” represent potential plans for extraordinary circumstances, such as third-party involvement in the war. …
Over the past 13 weeks, initial unemployment claims have remained remarkably consistent, hovering around 212k, despite the inherent variability in state programs and seasonal factors such as holidays. If the trend of minimal volatility persists, it could erode confidence in the accuracy of unemployment data and raise concerns about underlying economic conditions. Further stagnation in …
In a candid exchange, Secretary Lloyd Austin acknowledges the potential for shooting warfare between U.S. service members and Gaza forces. Representative Gaetz highlights the gravity of the situation, probing the implications of such an escalation. BREAKING: Secretary Lloyd Austin ADMITS likelihood of shooting warfare between U.S. service members and Gaza forces soon 👇 GAETZ: “This …
BREAKING NEWS THE SWISS GOVERNMENT SAYS UBS MAY HAVE TO FIND AS MUCH AS $27 BILLION TO ABSORB POTENTIAL LOSSES AND PROTECT TAXPAYERS FROM EVER HAVING TO BAIL OUT A MAJOR BANK. I said the movie was not over. — Gold Telegraph ⚡ (@GoldTelegraph_) April 26, 2024 A year after the failure of Credit Suisse, …
Obama-appointed Judge Loretta Biggs (D) just ruled that North Carolina must allow felons to vote in their elections. North Carolina has a law on the books that prevents felons from voting. The judge just determined that the law is discriminatory, primarily against black voters… pic.twitter.com/C4kR5wB3aY — End Wokeness (@EndWokeness) April 25, 2024 In a landmark …
Tesla’s recent earnings stumble, coupled with its first year-over-year sales drop, casts a shadow over the electric vehicle giant. Despite bold initiatives like the Cybertruck launch and pricing adjustments, revenue plummeted by 9% in Q1, prompting investor alarm. Despite Tesla's efforts, including the launch of the Cybertruck and refreshing the Model 3 with lower prices …
With fund managers reaching their highest bullish sentiment since January 2022 and cash levels dropping close to the contrarian sell signal, coupled with the Financial Stability Board’s advice to hedge funds to increase liquidity for market shocks, there are indications of an impending market reversal. Fund Managers are the most bullish on stocks since January …
The latest data on housing starts reveals a 4.28% year-over-year decline, marking a significant shift in trend and raising questions about the state of the housing market. Housing starts, a key economic indicator, reflect the initiation of construction on new privately owned houses within a given period, offering insights into future real estate supply levels …
Investors are on high alert as a critical chart indicates the possibility of a significant downturn on the S&P 500, with historical precedent suggesting a 50% decline if certain thresholds are breached. If this chart falls below the small green circle, history tells us to expect a 50% drop on the #SPX. It makes a …
⚠️A Flash Flood Watch has been issued for the potential failure of Panguitch Lake Dam in southern Utah. Affected areas include low-lying areas along Panguitch Creek. Stay informed, familiarize yourself with evacuation routes, and ensure your emergency kits are ready. #utwx — NWS Salt Lake City (@NWSSaltLakeCity) April 10, 2024 GARFIELD COUNTY, Utah — Cracks …
In fiscal year 2024, the U.S. national debt has become a critical concern, with its interest expenses surpassing spending on the military. Let’s delve into the details: National Debt and Interest Costs: The national debt has reached $34 trillion, an unprecedented amount in the nation’s history. During the first half of FY2024, interest expenses on this debt totaled $440 billion1. This represents a 43% increase compared to …
When gold production is strong, it suggests confidence in gold’s value and the stability of the monetary system. The company, Fortuna, reported strong gold production in the first quarter of 2024. If the production numbers remain high and the price of gold continues to rise (approaching $2,500 per ounce), Fortuna could make over $150 million …
“Among younger voters in the 18-39 age group, Biden is up only by a single point: 43 percent to 42 percent. With all five candidates competing, the numbers still look terrible for Biden. Joe (“Old Yeller”) Biden earned only 44 percent of the black vote, 29 percent of the Hispanic vote, and 37 percent of …
All of this mixed messaging just confuses markets. They should all just shut up — QE Infinity (@StealthQE4) April 4, 2024 #volatility #VIX 📈 😬https://t.co/rmPvUGEeB3 — Invariant Perspective (@InvariantPersp1) April 4, 2024 Let me get this straight, the SPX was up 40 points in the morning because Powell reaffirmed rate cuts yesterday. And down -70 …
Many Americans have felt the rising cost of housing, with the median mortgage payment rising 78% in the last three years for homebuyers. This issue has been worse in certain Canadian cities: https://t.co/cAgP5Pmd7e — Reef Insights (@ReefInsights) April 2, 2024 So we have a healthcare issue, we have a housing issue, we have a crime …
This is a very good NYT article to read through the long weekend Personally speaking I think #Boeing risks are being greatly underestimated so far, let’s see how many more accidents are needed before these doomed planes are grounded for good 🙄 https://t.co/nSAkAVdKVS pic.twitter.com/3EGV8eHRFE — JustDario 🏊♂️ (@DarioCpx) March 30, 2024 https://justdario.com/2024/03/insurances-and-banks-risk-a-boeing-financial-nightmare-03/
The Reverse Repurchase Agreement (RRP) market primarily affects US Treasury securities but can also influence other short-term interest rates and financial markets. Inching toward RRP reversal. Watch out! Fed counter-injections did wonders in the past year, but face a major roadblock in the quarter ahead. pic.twitter.com/eYAxPuZuys — Steve Donzé (@steve_donze) March 29, 2024 NYC Bancorp …
The New York Division of Homeland Security and Emergency Management is warning New York State residents of a cell phone outage during the Eclipse. The New York Division of Homeland Security and Emergency Management has a few things they want New York State residents to know. They are getting ready for the influx of people coming …
Since FTX founder Sam Bankman-Fried is about to be sentenced to up to 50 years in prison today… LET’S TAKE A SECOND TO REMEMBER HOW MANY POS POLITICIANS ARE STILL REFUSING TO RETURN HIS “DONATIONS” ⚠️ pic.twitter.com/b03Hueg5GH — Matt Wallace (@MattWallace888) March 28, 2024 NEW: Crypto fraudster Bankman-Fried faces sentencinghttps://t.co/HkNLPUpwsy — Insider Paper (@TheInsiderPaper) March …
Probability of a Global Recession in the Next 12 Months pic.twitter.com/dgFtlfN8DD — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 28, 2024 America has become a gambling society. Zero day options. Meme coins. Sports betting. Everyone takes more risk… WSJ: BOE Warns That Investors May Be Too Complacent About Risks “The Bank of England on Wednesday warned …
Josh Shapiro is breaking State Law. Pennsylvania’s Switch To Automatic Voter Registration Is ‘Inconsistent’ With State Law, Election Experts Say https://t.co/2OQNOj6y7z — DJ Kearns (@bepresent4) March 21, 2024
The world is sitting on the edge of a precipice. It is a world which is highly leveraged. Global debt, for every $1 growth in GDP last year, required $3 of debt, and that doesn’t exclude America. In the fourth quarter, for every $1 of GDP growth, it needed $25 of debt. And when you …