A hub for independent voices and hard truths
Michael Burry warns the U.S. stock market could face a crash worse than the 2000 dot‑com bubble. The veteran investor says several tough years may be ahead for investors. He points to the surge in AI and tech stock valuations, …
ortugal’s minority government lost a confidence vote in parliament Tuesday, forcing its resignation and bringing the European Union country’s third general election in three years. The government’s fall marks the worst spell of political instability since Portugal adopted a democratic …
Collapse in #German Swap Spread not due to fiscal risk, but to markets position for longer recessionary period while facing #liquidity issues. Swap spreads falling to zero and strong bull steepening was last observed in 2008 #GFC. German interest rates …
Families will today be urged to stockpile three days’ worth of food and water to help build national ‘resilience’. Deputy Prime Minister Oliver Dowden will advise people to make contingency plans for dealing with potential emergencies such as prolonged power …
Ukraine cannot be accepted into NATO – for Ukraine’s own sake,” Foreign Policy The expansion of NATO through the accession of Ukraine will prolong the armed conflict and further aggravate the situation in Kiev . It is unwise to introduce …
Top U.S. defense firm General Dynamics is planning to open weapons plant in Ukraine – an investment that implies taxpayers will continue to dole out dollars to support war that has no end in sight General Dynamics, based in Renton, …
The current VIX level of 13 reflects a hesitancy among investors to take a bearish stance on the prominent Big 7 stocks. Global corporate buybacks, on a downward trajectory since 2019 despite heightened volatility in inflation and interest rates, may …
Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to …
via brownstone.org: Here is a large caliber smoking gun. The BEA series for real personal income less transfer payments is a pretty serviceable proxy for private market output before the impact of Washington stimmies and distortions caused by transfer payments …
