A hub for independent voices and hard truths
Homebuyer traffic has experienced a significant decline, nearly 40% since the beginning of 2023, reaching levels not seen since the 2020 lockdowns, the 2008 financial crisis, and the 1980s housing crash. What makes the situation intriguing is the recent surge …
by DesmondMilesDant Caption: Dow Jones : 1929 Caption: SPX : 2023
Probably nothing .. #gold pic.twitter.com/A4pVOmDAlx — Willem Middelkoop (@wmiddelkoop) October 21, 2023 h/t j_stars
During an argument related to pricing with two customers outside of the used car and repair shop, police said one of the customers started a physical fight. The other took out a gun and shot the employee twice. “He had …
Chipotle Mexican Grill plans to raise menu prices for the fourth time in two years. Millennials and Gen-Zers will have a shitfit when they discover additional price hikes. “For the first time in over a year, we will be taking …
by VPee In a surprising turn of events for tech giant Apple Inc., the company’s stock price is poised for a significant downturn in the final quarter of 2023. The just broke it’s 4 days winning streak and the volume is …
Hamas and Hezbollah now reporting that Iran helped plan the Hamas terror attacks for weeks. Who opened the floodgates and supplied Iran to the tune of $100+ billion? Obama. Biden. Valerie Jarrett. The Iran Deal. This situation is far beyond …
The jump in various food commodity prices is not entirely due to inflation. However, rising food prices certainly are contributing to the ongoing issue. It truly is a unique time to be an investor/trader. Follow us @KobeissiLetter for real time …
“According to Reuters, the US currently has just 17 days of supply left in the Strategic Petroleum Reserves (SPR). This is roughly half the historical average of ~33 days dating back to 1990. Meanwhile, oil prices are still almost 30% …
by IceIceBaby1233 Chart courtsey : Trading Economics BREAKING: Crude oil prices surge toward $94 and are now trading at their highest levels since August 2022. Oil prices are up 38% in just 3 months and the national average gas price …
Surging over $92 a barrel today, oil continues to climb since late June to exceed a 30% price increase over 90 days. (click on “1D” above chart) https://www.investing.com/commodities/crude-oil With the extension of the Russia/Saudi production cut as of 09/05/2023 past …
The Fed can’t print oil, & Brandon has drained the Strategic Petroleum Reserve via theguardian: Oil prices are on track to reach $100 a barrel this month for the first time in 2023 after surging by almost 30% since June, …
by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a …
via CNBC: During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. Finding one, however, might not be easy. More shoppers are …
by confoundedinterest17 I ain’t never been to Spain, but the US under Biden is like Spain in terms of default risk. Actually, I have to Spain numerous times and love visiting Barcelona. But the US debt fiasco under Biden and Congressional …
by MeowMeowTiger Chuck roast was $5/lb at my local walmart in 2019, $6.5 last year, and $7.5 now 🙁 A 50% increase in price. I eat at least five pounds of chuck roast per week (I don’t eat poultry and …
This proves undeniably that France is willfully and wickedly suppressing our economies. See, they buy our natural resources, gold, oil, natural gas, bauxite, manganese, diamond, you name it, with the CFA franc that they themselves are printing for 14 countries. …
https://www.youtube.com/watch?v=-c7EKqC-Krg Target’s products are going to get more expensive this fall. The company’s CEO is warning about tougher conditions for shoppers and also raising the alarm about the state of the U.S. economy. The retailer is one of the biggest …
by confoundedinterest17 You know Bidenomics isn’t working at all when the best I can say about it is … the current housing bubble isn’t as bad as the house price bubble of 2006. We are truly in Biden’s ShamWow economy! Yes, …
Is our honeymoon with the electric vehicle finally over? A study found that one in five early adopters of EV cars and trucks are returning to gas-powered vehicles. As a result, used EV prices are freefalling. Why are early EV …
⚡️Erdogan said he had extensively discussed the grain deal with Putin, “it played a huge role in preventing a food crisis” pic.twitter.com/IiSRU0xOuz — War Monitor (@WarMonitors) September 4, 2023 Erdogan:Only 6% of ships loaded with grain were destined for African …
Ideally, mortgage rates need to come down to a sweet spot. This would involve a level where existing home sales jump, but demand doesn't heat up too much. We believe that ~5% mortgage rates are that sweet spot. Follow us …
by Chris Black Wait until Americans learn the “democracy” they have been spending all of their tax money on, the reason why our economy is in the shitter and everything is now 2-4X more expensive i… Continue reading by subscribing. …
“US ECONOMY EXPANDS 2.1% IN Q2, LESS THAN ADVANCE ESTIMATE”: This means that the U.S. economy’s Gross Domestic Product (GDP) grew at an annualized rate of 2.1% during the second quarter (Q2) of the year. However, this growth rate was …
via wikipedia: The candy bar protest, also known as the 5 cent chocolate war, the 5 cent war and the chocolate candy bar strike,[1] was a short-lived 1947 protest by Canadian children over the increase in price of chocolate bars …
by confoundedinterest17 The US housing market is truly bizarro world! San Francisco and Seattle are down near 10% year-over-year (YoY) while Chicago and Cleveland lead in price gains. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all …
Sales of previously owned homes dropped 2.2% in July from June to a seasonally adjusted, annualized rate of 4.07 million units, according to the National Association of Realtors. Sales were 16.6% lower compared with July of last year. Homes sold …
