Independent thinking for complex markets and current events
Wow. So basically, if you do business with someone she doesn’t like, you’re on her hit list. Seriously, this is exactly why people distrust politicians and Washington in general. It’s not about policy or competence, it’s about vendettas and scorekeeping. FORMER OBAMA ADVISOR SUSAN RICE SAYS COMPANIES THAT WORKED WITH TRUMP WILL BE PUNISHED WHEN …
The housing affordability crisis is forcing homebuilders to do something they’ve almost never done: slash prices on new homes more aggressively than homeowners are for their homes on the market. This is a first for the housing market in recent history, according to a Realtor.com report released Thursday. “The current housing market is entrenched in an affordability …
Gold is roaring because the US has stopped pretending. The polite version is “strong dollar policy.” The real version is: we will accept and even welcome, a softer dollar to win the trade war and rebuild American industry Gold Made an ATH at $5,500+ and the dollar keeps sliding. Most people think it’s just “safe-haven …
by confoundedinterest17 Yikes! The ratio of US Home Prices to US Median Household Income is now higher than the ratio during the catestrophic housing bubble during the latter half of the 2000s. Here is a chart of home prices and median household incone, The labor market is truly screwed-up. The December jobs report reveals that …
“Probably not the best sign for home sales.” 👇🏼 https://t.co/w7rVKqK4AU — Kalani o Māui (@MauiBoyMacro) February 2, 2026 New House Prices have dropped below Existing Homes for the first time in history 🚨🤯 pic.twitter.com/PGQ9rQlIvi — Barchart (@Barchart) February 2, 2026 Foreclosure rates have continued their double-digit surge across the country, up 21% from last year. …
Bitcoin fell below $80,000 for the first time since April 2025. More than $2 billion of bitcoin long and short positions have been liquidated since Thursday, according to data from Coinglass. The crypto market drop comes after a fall in global equities and a drop in the price of gold and silver. Bitcoin extended losses …
March ICE NY cocoa (CCH26) today is down -269 (-6.07%), and March ICE London cocoa #7 (CAH26) is down -198 (-6.40%). Cocoa prices are sharply lower today, with London cocoa plunging to a 2.25-year nearest-futures low. Abundant global supplies and falling demand are keeping cocoa prices under pressure. Last Friday, NY cocoa sank to a …
via confoundedinterest17 Keep on printing money. It seems that home price growth requires The Fed to keep printing money. S&P/Case-Shiller released the monthly Home Price Indices for November (“November” is a 3-month average of September, October and November closing prices). September closing prices include some contracts signed in July, so there is a significant lag to this data. …
by Michael You can throw out all of the old rules, because they simply don’t apply anymore. The dominance of western financial institutions is faltering, and cracks in the system are starting to show up all over the place. They can’t keep the price of silver from exploding, they can’t stop the price of gold from relentlessly …
by Michael The U.S. Mint obviously expects the price of silver to keep rising. When I first learned that the U.S. Mint was selling one ounce silver coins for 169 dollars, I thought that it must be a mistake. So I went to the U.S. Mint’s official website, and sure enough the report that I had heard …
The Trump administration has told countries that want a permanent spot on the new Gaza Board of Peace (BoP), which will be responsible for rebuilding the Gaza Strip and ensuring Hamas’s disarmament, that they must contribute “at least one billion dollars,” Bloomberg News reported on Saturday night. “Each Member State shall serve a term of …
via notayesmanseconomics It is time to look East again as there is a lot of economic news from China. We can start with something that has become awfully familiar as we have observed the bursting of the property market bubble. China Vanke Co. is preparing a debt restructuring plan at the request of authorities, people …
Back in October, foreigners sold a massive $61.2 billion in LT UST assets, the most since April. While that may sound like the “sell America” and Treasury rejection narrative from the summer, it’s actually proof that the Fed’s bank reserves are irrelevant. Remember October? Repo rates soaring. Use of the Fed’s repo facility skyrocketed. Cockroaches …
pic.twitter.com/3wmH048s8n — Darth Powell (@VladTheInflator) December 22, 2025
via notayesmanseconomics This morning has brought an update for my main economic theme for China. New home prices fell 0.4 per cent month on month on average across 70 cities, according to data from the National Bureau of Statistics (NBS) on Monday. The decline eased slightly from a 0.5 per cent fall in October, but …
Microsoft $MSFT rolling out absolutely insane price increases +43% for Microsoft 365 personal subscriptions pic.twitter.com/7AEnZzCOp6 — Wagie Capital (@WagieCapital) December 13, 2025 $6.99 → $9.99 per month for Personal plans $69.99 → $99.99 per year for annual plans Microsoft says the hike is tied to bundling Copilot AI into the base subscription https://www.tomshardware.com/software/microsoft-office/microsoft-365-sees-43-percent-price-hike-thanks-to-copilot-existing-customers-safe-until-renewal https://learn.microsoft.com/en-us/answers/questions/5420345/microsoft-365-43-price-increase …
by Michael $60 silver is here! The exponential rise in the price of silver that we have witnessed in recent months is astounding experts all over the globe. So far in 2025, the price of gold is up about 60 percent, but the price of silver is up more than 100 percent. We have never …
thats only if you buy a 10.00 car wash, and that price is only good for 10 gallons…. pic.twitter.com/OvthqEenuR — david D. (@secretsqrl123) December 9, 2025 fucking idiots cant read i guess…. you have to buy the most expensive car wash for this price… pic.twitter.com/17bY7dSF4k — david D. (@secretsqrl123) December 9, 2025
This is a more recent version of the "Chart of the Century"….. pic.twitter.com/G86LIZxxa0 — Mark J. Perry (@Mark_J_Perry) December 8, 2025 By providing "free service" to everyone, the government becomes the largest buyer – a monopsony. Once you have that relationship (or close to it) set up, special interests will use it to jack up …
Natural Gas spikes to highest price in 3 years 📈📈 pic.twitter.com/hRlDg5Vxe9 — Barchart (@Barchart) December 4, 2025 U.S. natural gas futures spiked to their highest levels in nearly three years as models now show a frigid first half of December across the Lower 48. Several forecasters are also warning of a potential polar-vortex-driven Arctic blast …
*USPS SUSPENDS RECEIVING MAIL FROM SOME COUNTRIES *USPS POSTS NOTICE SUSPENDING SERVICE FROM RUSSIA, VENEZUELA *USPS SUSPENSION ALSO INCLUDES AFGHANISTAN, HAITI AMONG OTHERS pic.twitter.com/qaKAV07YJf — Investing.com (@Investingcom) December 3, 2025 International Mail Service Suspensions Updated: Nov. 28, 2025 The Postal Service™ is temporarily suspending international mail acceptance for certain destinations due to inadequate transportation options …
by Michael For a long time we were warned that when the financial system finally started melting down, the price of silver would explode. It appears that those that predicted this were quite prescient. The yen carry trade is unwinding, more than a trillion dollars in cryptocurrency wealth has been wiped out, stocks and bonds have …
by confoundedinterest17 There was a rush from the northeast US to Florida, now we are seeing a reversal in home prices. Punta Gorda FL, a suburb of Ft Myers, leads the nation with a -20.4% decline from its peak. Austin TX is second at -17.3% from peak. And Fort Myers FL is third at -15.0% …
The Afghan national accused of shooting two National Guardsmen in a possible terror attack near the White House Wednesday was living in the US illegally after overstaying his visa, sources told The Post. Rahmanullah Lakanwal, 29, arrived in the US through Operation Allies Welcome, the botched 2021 Afghanistan withdrawal plan that allowed roughly 90,000 Afghans …
The cost of Thanksgiving dinner in 1981 😳 pic.twitter.com/fhpQyqmBzY — Financial Dystopia (@financedystop) November 25, 2025 Based on 2025 AFBF survey and retail averages (prices vary by location): Turkey (16 lb): $21.50 Stuffing mix: $3.71 Cornbread mix: $1.25 Canned green beans: $1.50 Sweet potatoes (3 lb): $4.00 Marshmallows (10 oz): $1.50 Jellied cranberry sauce (14 …
Private payroll losses accelerated in the past four weeks, ADP reports The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday. Private companies lost an average of 13,500 jobs a week over the past four weeks, …
Authored by Mike Shedlock via mishtalk, Let’s investigate two studies. Can they both be right? The No Side A San Francisco Fed study by Regis Barnichon and Aayush Singh discussed the No side in What Is a Tariff Shock? Insights from 150 years of Tariff Policy In this paper we exploit 150 years of tariff policy …
via James Hickman Barrick Mining Corporation—one of the world’s largest and most established gold producers—just reported its third quarter earnings yesterday— and it was an absolute blowout. The company reported third quarter profit of $1.3 billion, nearly triple last year’s Q3 earnings. And for the first nine months of 2025, Earnings per Share is up …
Americans value good neighbors so much that 82% say having them is just as important as price or location when buying a home. Americans would feel most positively about having an older couple as a neighbor (59%) and most negatively about a sex offender (90%). Neighbors shouting or fighting regularly (89%) would most bother Americans, …
