Independent thinking for complex markets and current events
via Mike Shedlock: Let’s discuss the latest BRICS silliness starting with the definition of BRICS. BRICS++ Economic Trading Block The term BRIC stand for Brazil, Russia, India, and China, a group of countries that have little in common other than seeing an alternative to the US dollar for international trade. The group added an “S” for …
Palantir (NYSE:PLTR) stock fell 3.4% in early Friday trade after Jefferies analysts downgraded the rating to Underperform (equivalent to sell). The new price target of $13 suggests a 20% downside risk based on yesterday’s closing price. While analysts acknowledge that Palantir “is a unique data asset with a particularly wide technology moat and a data …
by Chris Black Little known fact: no one is responsible for anything in a democracy (no one knows where the buck stops), and therefore it breeds corruption. The way the American system is set up, even a good leader can’t ever get more than a 50% approval rating. That’s been the case since George W. …
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
US oil inventories have collapsed as measured by days of supply as well. Below 1982 levels! pic.twitter.com/N7Ps2UGo6w — Josh Young (@JoshYoung) September 9, 2023 h/t Simian_Stacker
by Martin Armstrong QUESTION: What do you make of the US debt downgrade? Do you think this has anything to do with indicting Trump in three courts? I know many people decided to donate to Trump today, even for the first time, as a sign of disapproval of the Biden Administration and the RINOs. HJ ANSWER: …
Animated: Global Debt Projections (2005-2027P) 💳️https://t.co/8XFqKNQowE pic.twitter.com/v4lUyCxnDE — Visual Capitalist (@VisualCap) August 1, 2023 In 1971, global debt was a “mere” $4 trillion. In 2023 global debt is $325T excluding derivatives. How much longer can this debt bubble go? 🚨 pic.twitter.com/jJbSMdWH7h — Wall Street Mav (@WallStreetMav) August 2, 2023 The core of global debt is now …
JUST IN 🚨 FITCH DOWNGRADES UNITED STATES RATINGS TO AA+ FROM AAA — Insider Paper (@TheInsiderPaper) August 1, 2023 https://twitter.com/_/status/1686487253344743425 The USA just had its credit rating dropped from AAA to AA+ 🩸 See charts for how markets reacted when this happened in 2011! I issued a warning about this to Insiders Access back in …
via naturalnews: Florida Chief Financial Officer Jimmy Patronis has issued a warning to the censorship company NewsGuard Technologies, Inc. about promoting a rating system for the quality of information, as though they are some kind of “arbiter of truth.” The Sunshine State CFO further said that this practice may trigger the state’s divestment laws and that he …
