Independent thinking for complex markets and current events
JAPAN 🇯🇵 Depression turns to Stagflation . Japans problems are about to worsen. pic.twitter.com/YcNMeO8YS8 — The Great Martis (@great_martis) June 2, 2024 Yen before BoJ blew $62 billion propping it: 157.74Yen one month later: 157.24 At this rate it'll only cost $7 trillion to fix the yen 🫡 https://t.co/oU1ZDLlUTz pic.twitter.com/OUOlOrIy1R — Peter St Onge, Ph.D. …
Inflation may be cooling, but it continues to loom large over Americans’ evaluations of the country and the economy. Today, 23% of U.S. adults say the economy is in excellent or good shape, down from 28% in January but higher than the 19% who rated the economy positively last April. The recent negative slide in …
via notayesmanseconomics: Last night brought some bad news for the QE programmes employed by the world’s central banks and ironically it came from the world’s main central bank. The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, as it wrestles with persistent inflation across the world’s biggest economy. …
Apple loses mantle as world’s biggest phone seller to Samsung as China sales drop South Korean firm regains pole position amid biggest drop in iPhone sales since Covid-19 lockdowns Apple has lost its spot as the world’s biggest mobile phone seller after a steep sales drop as South Korean rival Samsung retook the lead in …
Susana and Joseph Landa purchased their dream retirement home in Queens, NY. Their plans for peaceful retirement instantly collapsed. In NY, people illegally living in your property automatically become the legal tenants after 30 days. pic.twitter.com/VMbV5mjDlR — Shunya (@Shunyaa00) April 10, 2024 "New York City is the HOMELESS capital of America" "With over 90,000 homeless …
Mayo Clinic experts say puberty blockers can lead to withering testicles, fertility problems and even cancer among the trans kids who take them, in the latest study to raise alarm about transgender medicine. The findings cast doubt on the ‘reversibility’ of puberty blockers — a key claim of the trans activists who promote the drugs, …
via AIER The American Enterprise Institute has reprinted Edward C. Banfield’s little-known 1951 book, Government Project, which was a post-mortem of a defunct, quasi-socialist New Deal-era agricultural project in drought-prone Pinal County, Arizona. The Foreword to the 2024 edition, written by Kevin Kosar, spouse of Banfield’s eldest granddaughter, asks, “Why would [the AEI] republish a 1951 book …
Tonight, a warning of a new wave and new dangers posed to Americans because Venezuela just released 100 more hardened criminals. According to one prominent Miami immigration attorney, these are career criminals. These are prisons where there’s thugs and killers. These are not prisons where they housed the political opposition. Again, this is all on …
The steady rise in food prices has become a mounting concern for American households, overshadowing the recent dip in inflation rates. Despite a slowdown in the pace of inflation, grocery prices have continued to surge. Amid this challenging economic landscape, even retail giants like Costco are not immune to the pressures of inflation, with recent …
Chinese President Xi Jinping has used the plenum meetings to announce a myriad of reforms to set the tone for his leadership, and while not all of those policies have been implemented, they were a statement about the country’s future, Roach told CNBC’s “Squawk Box Asia” on Monday. “The failure to take advantage of that …
Production problems with a computing unit manufactured by tech giant Huawei have forced certain Chinese automakers to postpone the delivery of flagship models, according to five people with knowledge of the situation. According to two of the persons, Changan Auto and Chery Auto, which have collaborated with Huawei to create their high-end electric vehicle brands, …
In this video we are talking about an atmospheric river hitting the western US and its impacts on everyone else. https://www.youtube.com/watch?v=c4WRit8P6SE
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80% more problems than did vehicles propelled by internal combustion engines. Consumer Reports said EV owners most frequently reported …
via Mike Shedlock: Budget problems haven’t changed for a year: the debt ceiling, Ukraine, and the Border. Israel is logically a distinct issue but is lumped with Ukraine. A partial government shutdown looms on January 19. Shutdown Deadlines January 19: A partial shutdown turns off funding for the departments of Agriculture, Transportation, and Housing and …
via notayesmanseconomics: As 2023 developed we saw rather a divergence between our view of the Chinese economy and the media or mainstream one.Their view was one of economic recovery whereas we continued with the theme of the consequences of the bursting of the property bubble.Indeed in something of a theme for today there was a …
EVs are less reliable than conventional vehicles, Consumer Reports says Electric vehicles have nearly 80% more problems and are generally less reliable than cars propelled by conventional internal combustion engines, according to a new report from Consumer Reports. Consumer… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 30, 2023 via MSN: Electric vehicles have nearly 80% more …
https://www.youtube.com/watch?v=cP_68dzdThg This has been a rough year for American Banks. Back in March, we saw the collapse of three US banks within a week. That was the biggest banking failure to hit the US since the 2008 financial crisis. By the time the fallout from the Great Recession was over, 600 banks had failed. But …
by Michael There is a reason why I am watching the banks so carefully. The banks are the beating heart of our economic system, and so if they get into big trouble we will all feel the pain. That is precisely what happened in 2008, and that is precisely what is happening again right now. …
Former US Asst Sec of the Treasury Paul Craig Roberts: “Ukraine was a wave that created problems for Russia. It is fading, Ukraine is devastated. They no longer have any army” pic.twitter.com/KVShMISsmS — The_Real_Fly (@The_Real_Fly) November 17, 2023
Why do politicians insist on every problem in the world having to be funded by America? Americans can barely afford to pay their bills and buy groceries, our border is porous, crime is through the roof, and cities are falling apart. Why don't we focus on fixing our problems at… https://t.co/vV4wUSAiqT — Wall Street Mav …
And I mean REAL America, not the fake posers like people who support celebrities and worship technology. And here’s a leaked video to show you all evidence that this was explicitly Netanyahu’s plan. pic.twitter.com/cETSm8zhyh — Firas 🇵🇸 (@FirasPalestine) October 18, 2023 They’ll never receive true patriotic support. The less stripes in the flag, the more …
Some solid evidence that a potential energy crisis is driving collateral problems. This week when oil prices were routed, some of the collateral pressure abated: swap spreads decompressed as WTI retreated. pic.twitter.com/AOWyjKyN3O — Jeffrey P. Snider (@JeffSnider_EDU) October 7, 2023 Collateral concerns keep popping up though mostly among the offshore participants. Japanese bills, Italian spreads. …
BREAKING: Truist plans ‘sizable’ layoffs; target of cuts uncertain https://t.co/S94qKp2qzt — Financelot (@FinanceLancelot) September 11, 2023 Banks in the US just saw their biggest weekly deposit outflows since the collapse of SVB. Total bank deposits (on a seasonally-adjusted basis) plunged by $70 billion last week alone. This puts bank deposits at their lowest levels since …
via naturalnews: The automotive industry is losing money hand over fist as it attempts to comply with the Biden regime’s “green” energy initiatives, which includes eventually replacing all gas-powered cars with electric vehicles (EVs). General Motors (GM) is reportedly struggling with costs as it feverishly works to unleash more EVs while still maintaining some kind of …
WASHINGTON (TND) — Schools are taking on social media giants including Facebook, TikTok, Snapchat, and YouTube, asserting that the platforms have caused their students harm – particularly regarding issues like cyberbullying and mental health issues linked to social media usage. Approximately 200 school districts have joined the lawsuit against the platforms’ parent companies so far, which has been …
Bank of England set to incur £150bn loss from bond sales after interest rate rises Higher interest rates will force the Bank of England to make a loss of £150bn from the sale of bonds bought to shore up the UK’s financial system over the last 14 years – an increase from a £100bn deficit projected in …
via SCHIFFGOLD: Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface. As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This is the exact …
