Independent thinking for complex markets and current events
Kid catches Walmart trying to fool parents on back to school supplies. Kid catches Walmart trying to fool parents on back to school supplies. Smart kid 🚨🚨🚨 🔊 pic.twitter.com/PUvxpIhDhx — Wall Street Mav (@WallStreetMav) August 21, 2023 AC
https://www.youtube.com/watch?v=1Ot7ZwWFCIc Restaurant prices are still rising all across the United States, and even your regular coffee order at Starbucks is going to get more expensive in the coming weeks. According to a new report, this is the fifth time Starbucks is raising menu prices in two years. The coffee house chain is also implementing “additional …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity as stable for the second month in a row. Remember, services are where ~2/3 of …
Interesting that the ‘usual’ boomer toys (convertibles and coupes) are holding up the best. Only in America would people sign up for one or multiple >$1,000 a month car payments. Car market is large risk that not many talk about. — Don Johnson (@DonMiami3) August 13, 2023
by IrishGoodbye5782 I’ve been tracking for a few years now, just common products Americans purchase. The percentage change is from 6/21/2021 until today 08/13/2023 Oreos are highlighted because the shrinkflation changed the weight from 19.1oz to 18.12oz so I had to do cost per ounce.
The biggest car price bubble we’ve ever seen has already burst, and now we’re being warned that the auto market crash will accelerate even further during the final stretch of 2023. With production going up, and dealership lots starting to fill, the conditions that allowed new and used vehicle prices to shoot up are no …
GREAT, NOW POLITICIANS SHOULD BE MADE TO REGRET THEM: Countries Are Starting to Regret Their CV-19 Responses. It is okay now to criticize how CV-19 was handled, after a couple of years of berating and deplatforming anyone who suggested officials didn’t know what they were doing and were actually causing a lot of damage. The Scottish government …
View post on imgur.com Donald J. Trump @realDonaldTrump The price of BACON has TRIPLED since June. Bidenomics! Bidenomics is just another way of saying restoring the American Dream. Forty years of trickle-down economics limited that dream to the very top. We’re turning it around. — Joe Biden (@JoeBiden) August 6, 2023
New reports reveal that Americans have started panic buying again. People are noticing that shortages are getting worse, and shelves are getting increasingly emptier as we approach the last quarter of 2023. Some have decided to act now before they can no longer find household supplies and their favorite items at their local stores. Many …
A mysterious company that bought more than 50,000 acres of land around an Air Force base in California for $800million is now suing farmers for conspiring to sell it at inflated prices. Public records show ‘Flannery Associates’ has invested more than $800million on around 55,000 acres of land surrounding the Travis Air Force base since …
On top of printing $4 trillion, the Fed lowered rates to 0% overnight in March 2020. Now, we have the fastest rate hike campaign in history. It’s unclear if zero interest rate policy was a net positive. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) July 31, 2023 …
Least affordable housing market so far. h/t Goldenbird666
by confoundedinterest17 The Case-Shiller home price numbers are out for May. The national home price index is down -0.46% YoY as The Fed slows M2 Money growth into negative growth territory. No doubt Biden (and Karine Jean-Pierre) will take credit for slowing home price growth, although The Federal Reserve slowing monetary stimulus is mostly responsible. …
by confoundedinterest17 Wasting away again with Bidenomics. US existing home sales crashed by -19% in June, the 23rd consecutive month of declines. At least the median price of existing home sales is decreasing as Fed stimultypto vanishes. Just like inventory for sale has vanished. The face of Bidenomics, code for Federal government reckless green spending. …
Source: https://t.co/Il4NTKVI7m (https://t.co/Il4NTKVI7m) — Wall Street Mav (@WallStreetMav) July 20, 2023 90% of people look wealthy and thriving on Instagram but they are living paycheck to paycheck. Two months of no paycheck means financial ruin for a whole lot of people right now coming off the largest inflation cycle in 40 years. pic.twitter.com/4s8ue1CIyA — Don …
https://t.co/HalIfhU6gE — Win Smart, CFA (@WinfieldSmart) July 19, 2023 The median home price in the U.S. is up ~38% since 2020. The average interest rate on a 30-year mortgage is up from 2.7% to 7.1% in ~2.5 years. The average mortgage payment on a 30-year mortgage is now $2,900. Could you afford to buy your …
https://www.youtube.com/watch?v=kKPyR752aZ0 It seems like America’s financial problems are set to continue with Best Buy reporting major price increases, declining sales and an economic downturn for the rest of the year. Just a few years ago Best Buy stores were filled with buzzing shoppers huddled around displays carrying the latest gadgets from the likes of Microsoft …
Housing Bubble 2.0 is bursting, & the wipeout of fake “value” created by fake money is going to be epic. via dailymail.co.uk: House prices in Britain fell at the fastest annual rate in 12 years in June, latest figures show. Halifax said the annual fall of 2.6%, equating to around £7,500 being wiped off the …
by confoundedinterest17 What is Bidenomics? It isn’t what Press Secretary Karine Jean Pierre thinks. She said Biden hates “trick down economics”. Instead, Biden prefers a Soviet-style command economy where The Federal Government spends trillions of dollars and directs where the money goes. We also have the Socialist Federal Reserve that relies on rate manipulation to …
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse. 1) What's scary for the US Housing Market is just how many Airbnbs there are. Data …
We’re being told that inflation numbers are going down, but when it comes to food inflation, that’s a whole different story. More than half of US food retailers are still raising prices this year, a nine percentage point jump from last year, according to BDO’s 2023 Retail CFO Outlook Survey. With major food makers, including …
7 Fear & Greed Indicators:* Market Momentum (Extreme Greed)* Stock Price Strength (Extreme Greed)* Stock Price Breadth (Extreme Greed)* Put & Call Options (Extreme Greed)* Market Volatility (Neutral)* Safe Haven Demand (Extreme Greed)* Junk Bond Demand (Greed) https://t.co/AR5REZUTVo pic.twitter.com/3C8MbfJiQI — Barchart (@Barchart) June 21, 2023 For the first time, (1) the S&P 500 earnings …
https://www.youtube.com/watch?v=dsYVIyTMdjQ A car market crash of unprecedented proportions has started to unfold, and the price declines we’ve seen so far in 2023 are nothing compared to what is coming next. According to analysts at UBS and Cox Automotive, an oversupply of vehicles is causing a price war that can trigger a crash much worse than …
Gold looks to be getting ready to blaze through this historic resistance and move substantially higher. A surge in the metal price will likely mark the beginning of a new gold cycle that should be accompanied by a much-awaited influx of capital into the mining industry. pic.twitter.com/iKgOX71NZv — Otavio (Tavi) Costa (@TaviCosta) June 17, 2023 …
via dailymail.co.uk: A proposed amendment to a bill in California would classify parents who refuse to affirm their child’s gender as abusive and could result in revoked custody. AB957, proposed by Democratic Assemblymember Lori Wilson and state Senator Scott Wiener, amends the state Family Code which addresses the ‘health, safety, and welfare of the child’ …
Authored by Michael via endoftheamericandream, The cultural environment that we live in has become insanely oppressive, and I am about to share an example with you that perfectly demonstrates this. A few days ago, a high school student in a rural area of Idaho told his fellow students that “guys are guys and girls are …
via naturalnews: Russian officials have confirmed two drone attacks on two different oil refineries in the country. One drone attack caused a fire to break out near the major oil port of Novorossiisk. The attack caused significant damage to the surrounding infrastructure and disrupted operations at the port, which is a key export terminal for Russian crude …