Independent thinking for complex markets and current events
The PPI rose 0.1 percent in July vs. a 0.2 percent Bloomberg Econoday expectation. The way the PPI outperformed will please the Fed. Data from the BLS, chart by Mish. The PPI Report for July was a bit of pleasant news this morning. PPI Key Points The Producer Price Index for final demand increased 0.1 percent in …
The “pain trade” is back… That means for traders it's a good time to consider smaller position sizing, wider stops and much more discerning execution. – Smaller size to reduce total exposure – Wider stops to account for illiquid, volatile trading conditions – Discerning execution to limit overtrading — Markets & Mayhem (@Mayhem4Markets) August 6, …
Recently, investors have realized that bad economic news is in fact bad news, and the global financial system is reeling. Here’s what happens next… From Peter Reagan at Birch Gold Group | Reading time: 8 minutes Key Takeaways Gold prices remain at near-record levels, trading at $2,450, despite some skepticism earlier in the year Recently, disappointing economic …
by seasnake Went to a few stores and at Sam’s Club decided to replenish my bottled water supply. Picked up three cases at just over $4.00 each from the last pallet holding them, only a few were left. Right next to them were the new pallets priced at just under $8.00 each. Same brand, much …
Here’s the listinghttps://t.co/ZRJTAf82jb — MorningAgent (@MorningAgent) July 27, 2024
Last week, gold set another all-time high price record. Today we discuss the forces driving gold’s price, specifically central banks and commodities contracts, and what to expect… From Peter Reagan at Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold hits new all-time …
If you shop for groceries at this retailer, chances are your food may have been contaminated by rats. Consumers have often criticized this chain for being dirty and disorganized, but many would never imagine that their food would be sitting next to dozens of dead mice. Family Dollar is now paying a multimillion dollar fine …
The S&P 500's price to peak earnings ratio has moved up to 25.9, its highest level since 2000 and 50% above the historical median. $SPXhttps://t.co/l5IYmkf6Ih pic.twitter.com/DFI74St163 — Charlie Bilello (@charliebilello) July 17, 2024 Nasdaq Large Engulfing candle, followed by a falling window 2 major warnings🚨 Engulfing is a bearish trend reversal candle. Falling window is …
via notayesmanseconomics This morning has brought us up to date with our leading indicator for the Chinese economy. So let me hand you over to the National Bureau of Statistics of China. Second, the real estate market has become more active recently. All regions and departments have adapted to the new situation of major changes …
Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial rate request was 39.6%. Consumer Watchdog petitioned to intervene in July 2023. In January of this year, …
Price cuts on the US Housing Market just hit their highest level in six years. With 24.3% of sellers reducing the price of their house in June 2024. That's the highest rate since 2018. A signal that there will be downward pressure on home prices in the 2nd half of 2024. pic.twitter.com/sjUNDu2Sa4 — Nick Gerli …
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears Bitcoin’s price fell under $55,000 for the first time since February. At one point in time, the entire cryptocurrency market shed more than $170 billion in combined market capitalization in the last 24 hours. On Friday, the trustee for the …
Florida is facing notable risks in its housing markets. According to a recent report by Parcl Labs, 13 out of the 15 housing markets labeled as “at risk” are located in Florida. Here are some key points: Reasons for Risk: Hurricane Ian: The impact of Hurricane Ian in September 2022 has contributed to additional softening in Southwest Florida. Spiked Home …
CDK Global, a major player in the auto sales industry, provides software technology to thousands of auto dealers in the U.S. and Canada. Unfortunately, they recently faced a multiday outage due to back-to-back cyberattacks. Here’s what you need to know: Impact: The outage affected many operations at dealerships, potentially causing delays for prospective car buyers. …
“This is why your state 4 years ago had a surplus, one of the biggest surpluses in California history as of this year. You have a $73,000,000,000 deficit.” My Jaw Dropped & Hit The Floor While Listening To This. California Corruption IS OUT OF CONTROL California is ordering tiny homes for the homeless however they …
Jensen timed the market perfectly, selling at this week’s peak. His best price was $140.24 vs. the top of the week was $140.76 byu/gorillaz0e inwallstreetbets
$VIX and $SPY Cycles.. For how long this low vol with high equity price is sustainable? pic.twitter.com/IuKSihahEk — Guilherme Tavares (@i3_invest) June 17, 2024 Inflation expectations just took a nose dive As 5-year breakeven inflation fell from 2.27 to 2.11 just last week This is coming on back of oil declining sharply Such a setup …
This week brings us gold price forecasts you could call outrageous, ranging from $3,000 to $40,000 per ounce. Outrageous, that is, until we remember that there’s no actual limit on gold’s price… By Peter Reagan, for Birch Gold Group | Reading time: 8 minutes Key Takeaways Gold prices could realistically reach $7,000 to $40,000, according to experts …
Top 10 Housing Markets with the highest price cut rate in May 2024. More price cuts mean more seller desperation. And a greater likelihood that prices drop in the future. 1. Tampa – 37% price cut rate 📉2. Austin – 36%3. Colorado Springs – 36%4. Denver – 36%5. Jacksonville… pic.twitter.com/F3mGea53MK — Nick Gerli (@nickgerli1) June …
Lol, of course they revised the PPI numbers to be worse for the last four months in a row. Of course they did. The headline is all that they need today to make the markets go green. They’ll tell you the truth two months from now. — Uncle Milty’s Ghost (@his_eminence_j) June 13, 2024
It may look like good news and the media will slant it to a FJ Biden win – but the reality isn’t price reductions – its a complete slow down of the economy. I am in construction and I can say that bid activity – there are no bids going on. Its gone completely quiet …
Russia’s attempts to strike a deal with China to construct a gas pipeline have stalled due to Beijing’s unreasonable demands regarding price and supply volumes, citing the Financial Times. Sources revealed that China demanded to pay prices close to Russia’s heavily subsidized domestic rates and committed to purchasing only a small fraction of the planned …
They are just employees. There’s currently a “method” going around for Chipotle, basically you film them while they make your food which makes them not skimp out on the portions because they don't want the bad publicity or reviews 😭😭😭😭 https://t.co/VU4NX7a9hz — FearBuck (@FearedBuck) May 26, 2024
Russia is able to produce artillery shells much faster and cheaper than Ukraine’s backers in the US and Europe, Sky News has reported, citing a study by the consulting firm Bain & Company. According to the research, based on publicly available data, Russian factories are projected to make or refurbish approximately 4.5 million rounds this …
Ranchers are warning that our food systems are in great danger right now. Cattle production has plummeted to the lowest point in decades, and new diseases are rapidly spreading across U.S. beef cow herds, which is threatening our entire food supply chain. This is the sign for you to start stocking up on basic staples …
Target is set to lower prices for a wide range of products for Memorial Day The company said to expect more discounts going into the summer months Target will be lowering prices on at least 5,000 frequently bought products ranging from milk to diapers as the big-box retailer looks to win customers from Walmart. High …
Phoenix is experiencing a significant increase in home inventory, with active listings in April 2024 reaching nearly 15,000, a 50% rise compared to the previous year and a staggering 326% increase over two years. This surge in inventory could lead to declines in home prices in the second half of 2024, challenging the narrative of …
So a hawkish message, maybe asset price inflation really translates into a positive wealth effect which accelerates inflation.. https://t.co/k7QhinBEIp — The Macro Guy (@SagarSinghSetia) May 3, 2024 Home prices in the US have hit new all-time high, per MW. — unusual_whales (@unusual_whales) May 3, 2024
