A hub for independent voices and hard truths
by Historical-Egg-5570 Uh oh 🙈 https://t.co/TDdTFR5SHQ pic.twitter.com/wVLS0bSH24 — Financelot (@FinanceLancelot) September 27, 2023 Yields on 10-year Treasuries closed at new post-2007 highs today, driven by real yields, which closed out at new post-2009 highs. Oil closed at the highest levels in more than a year and the euro is poised …
The American Geophysical Union’s display of ignorance regarding the scientific method raises questions about the level of competence within scientific organizations. The scientific method is fundamental to research and the acquisition of reliable knowledge, and any departure from it can lead to flawed conclusions and unreliable data. WE REALLY DO …
Threat of Expanded Strike: United Auto Workers (UAW) have issued a threat to expand their ongoing strike, which initially involved workers at Ford, Stellantis, and GM. Currently, around 13,000 out of 144,000 UAW workers are already on strike, but the situation is becoming increasingly volatile. Historic Strike: Notably, this marks …
NYC Mayor has estimated potential costs of up to $12 billion for the city over the next three years. Read more: https://t.co/vOFF0QtouY — unusual_whales (@unusual_whales) September 13, 2023 ⚠️ THIS NEWS CLIP NEEDS TO BE SHARED EVERYWHERE ⚠️ “The Migrant Crisis Now Forcing Deep Budget Cuts For New York City” …
US records highest credit card debt level at $1.03 trillion, 4.6% increase from Q2, with 20.63% interest rate, 47% cardholders carry monthly balances, and $7,227 average debt, with Connecticut and New York having the highest. ✅ US credit card debt surpassed the one trillion dollar mark and is now at …
Citgo gasoline from Port of Tampa contaminated with diesel, FDACS says: https://www.fox13news.com/news/citgo-gasoline-from-port-of-tampa-contaminated-with-diesel-fdacs-says Cars may stop working mid-evacuation due to fuel contamination: https://www.npr.org/2023/08/28/1196297077/idalia-gas-contamination-diesel-florida-citgo https://www.tampabay.com/hurricane/2023/08/27/florida-gas-contamination-idalia/ View post on imgur.com Somehow it only effects the gas stations right in the cone of the hurricane. h/t The Saltey
Glenn Greenwald: “No matter how you slice it… the polls show that there’s only one person who’s likely to challenge Joe Biden and defeat him for reelection, and that’s the person whom Biden’s DOJ happens to be prosecuting in multiple cases… Not just cases that have been brought but ones …
Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to inflation, rising energy costs could have a… pic.twitter.com/fBZ60dhWlO — Otavio …
URGENT UPDATE: BEIJING FACES UNPRECEDENTED FLOODING: THREE GORGES DAM UNDER THREAT In a recent report, Beijing has experienced a record-breaking 19.6 inches of rainfall within a 24-hour period, leading to catastrophic flooding across the region. The situation has raised concerns about the stability of the Three Gorges Dam, which the …
Next week will be interesting because many charts are indicating market weakness which lines up with week 21. https://t.co/ggQXxGybX0 pic.twitter.com/U2aMp07RLv — Financelot (@FinanceLancelot) July 29, 2023 Here's an interesting chart. Volatility spikes have been occurring on the same weekly intervals the last two cycles. Weeks 8 & 17 are common …
13 Russian Tu-95MS and a number of Tu-160M Strategic Bombers are currently noted Airborne across Western Russia heading towards “Launch Zones” over the Caspian Sea; a Large Missile Attack on Ukraine may be Imminent. — OSINTdefender (@sentdefender) July 26, 2023 ⚡️About half of the 13 Tu-95 bombers are already over …
Anyone remember LTCM? We're facing 100 LTCMs at the same time. BOJ policy divergence from the rest of the world is a disaster waiting to happen. It doesn't matter whether they "tweak" policy next week. In global RISK OFF, the hot money always comes home. pic.twitter.com/Ydk6ApLQFR — Mac10 (@SuburbanDrone) July …
“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability or profit motivation to lend is minimal.” The last three …
by BoatSurfer600 As rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses. If the credit to the economy dries up more than anticipated, then the slowdown might accelerate. A credit-starved economy is no bueno Source: Sagar Singh Yield curves around …
via cowboystatedaily “Despite billions of federal dollars going into renewable energy, construction of wind and solar farms, as well as the needed transmission to support them, is moving at a glacial pace compared to the speed by which the Biden administration is taking coal plants offline. . . . NERC’s …
Some US banks are preparing to sell off property loans at a discount even when borrowers are up to date on repayments, a sign of their determination to reduce exposure to the teetering commercial real estate market, per FT. — unusual_whales (@unusual_whales) June 6, 2023 Good Morning Everyone! Delinquencies spiked …