Independent thinking for complex markets and current events
No wonder MA real estate is hot, you get $48,000/yr for being unemployed https://t.co/2BKFS5pUcs — Darth Powell (@VladTheInflator) February 24, 2024
by PreviousComment1 Those 300,000 new jobs created that you heard about on the news last month? They’re all from people taking part-time jobs. We’ve lost 1.3 MILLION full time jobs since November 2023. Remember that when they try to gaslight you that the economy is doing great. The household survey, of WORKERS, shows full time employment …
THIS IS WHY..THEY’RE SLOWLY CUTTING THE MONEY… Biden BOOM ! Google Layoffs: Tech Giant To Cut Down 30,000 Jobs, Says Report https://t.co/IXLGz1YLa2 — Make L.A. Great Again 🇺🇸 (@lalovestrump) December 26, 2023 Citibank is laying off 20,000, Google 30,000…is Biden going to keep telling everyone how great the economy is? https://t.co/Yj12LwDQgu — Coop (@jokesandapoint) January …
Diversity is making our military weaker and our country less safe. No one wants to put their life on the line so that a man who thinks he’s a woman can wear a dress in the military. The same thing is happening with our police. NYPD is the smallest it’s been since the mid-90s. — …
The Roth IRA bros are getting annoying af lately. FFS it’s only $6500 a year. Yeah it’s a nice tax free tool to grow your money but it’s likely not going to be a large part of your wealth in the end. — QE Infinity (@StealthQE4) January 10, 2024 Here are the tax rates to …
CHICAGO IS ON THE VERGE OF COLLAPSE: MAYOR pic.twitter.com/od5EY8AsiA — The_Real_Fly (@The_Real_Fly) December 27, 2023 IT’S OVER: "For many months we were able to keep visualization of this crisis from hitting our streets… But we have reached a breaking point. We are no longer able to do that." pic.twitter.com/CQxIXHruXR — The_Real_Fly (@The_Real_Fly) December 27, 2023 …
by confoundedinterest17 It‘s Biden’s Fiscal Inferno! Insane open borders, insane green spending, wars in Ukraine, Gaza and growing restlessness around Taiwan. Inflation. And a demented 81-year old President in charge. The U.S. government ran a budget deficit of $381 billion so far into the 2024 fiscal year, which represents a 13% increase from this same time …
via justthenews “The growth in spending continues to outpace the growth in tax collections. This is why our national debit is heading toward $34 trillion. It cannot go on forever without serious economic consequences,” says the leader of the Tax Foundation. The U.S. government ran a budget deficit of $381 billion so far into the …
by ChampionshipUsed9855 VIX is below 13 again. QQQ has been basically flat for nearly a month. The FOMC is next week, could be a pivot point. Even the perma-bull just admitted this market is high on crack:https://t.co/OOk8ZN4gf9“Buyers have gotten drunk as a proverbial skunk, buying the worst of the worst…there’s a nasty hangover on the …
Global Supply Chains continue to function well and are no longer a valid excuse justifying above-average inflation. pic.twitter.com/Tt2AT8AxG6 — Charlie Bilello (@charliebilello) October 24, 2023
JPMorgan’s CEO Criticizes Central Banks for ‘Dead Wrong’ Forecasts Jamie Dimon of JPMorgan lambasted central banks for their glaring past forecasting errors, casting doubt on their ability to navigate the looming economic uncertainties. He drew a grim parallel between today’s economic situation and the wasteful 1970s, while dismissing the potential impact of rate …
New inflation numbers are running hot, at 5% on an annual basis. That means prices are up 17% since Joe Biden was installed, making the average American family $7,300 poorer. And analysts are predicting high inflation for years to come. Toss in Biden's green agenda and… https://t.co/qXMifIUTYb — FXHedge (@Fxhedgers) October 20, 2023 $XAU Gold …
Authored by Tom Ozimek via The Epoch Times The all-mighty American consumer, whose spending drives the economy, is reaching a breaking point and is on the verge of folding, according to former Walmart CEO Bill Simon. Mr. Simon told CNBC in a recent interview that a series of factors—political polarization, inflation, and high interest rates—were all working together …
The United States is the most dangerous nation among industrialized states, and increasingly more dangerous than much of the developing world. As violent crime soars, our criminal justice system has revealed itself unable and unwilling to respond. This year it was announced that the national murder clearance rate, which tracks arrests of suspects but not …
More pain in financial Equity markets is almost guaranteed with the US dollar Index reaching its 2023 highs of the year. Not only that but oil is bouncing back very hard despite the strong dollar. What’s up almost 3% for the day. We’re going to see an oil shock like the 1970s. My prediction is …
The CEO of NVIDIA Jensen Huang's net worth is now +$39 billion. A 225% increase in 8 months. That's likely the fastest growth rate for any billionaire in the world this year. pic.twitter.com/DSihKHFnIB — Genevieve Roch-Decter, CFA (@GRDecter) August 23, 2023
Another Missile Crisis. Thanks Joe. Nicaragua’s Communist dictator, Daniel Ortega, has authorized the installation of Russian military bases on his territory. The decree is reported to have been signed on Monday, August 21, according to the Russian state news site “Avia.Pro”. Avia.Pro reports: The President of Nicaragua, Daniel Ortega, signed a decree according to which the deployment …
The amount of money most workers want now to accept a job reached a record high this year, a sign that inflation is alive and well at least in the labor market. According to the latest New York Federal Reserve employment survey released Monday, the average “reservation wage,” or the minimum acceptable salary offer to …
European Natural gas prices just spiked 40% today ALONE. This is the biggest daily increase since March 2022. A long-lasting worker strike is likely to limit supply, Citigroup estimates EU natural gas prices could double. The never-ending fight against inflation continues. pic.twitter.com/RqTHNCE203 — The Kobeissi Letter (@KobeissiLetter) August 9, 2023
Rail traffic is down sharply year over year and down even further from 2021. pic.twitter.com/npvGbB4sCB — Don Johnson (@DonMiami3) August 4, 2023 Shipping giant Maersk warns of sharp slowdown in global trade as it reports profit plunge The world’s second-largest shipping company, often seen as a bellwether for global trade, posted a second-quarter profit before …
New ApartmentList data dropped The United States hit the HIGHEST average vacancy rate since they started tracking data in 2017 with the following metros hitting 6+ year highs: pic.twitter.com/8xqVfGyKef — Darth Powell (@VladTheInflator) August 2, 2023 “Similar to 2007 levels” for real estate sales volume. https://t.co/fk6JHQPSfS — Don Johnson (@DonMiami3) August 2, 2023 The summer …
Americans are having a much harder time accessing credit. The rejection rate for loan applicants jumped to 21.8% in the 12 months through June, the highest level in 5 years: Fed data. The rejection rate for auto loans exceeded the application rate. https://t.co/Ag5BnmDKlP pic.twitter.com/w6iSrPAqoj — Lisa Abramowicz (@lisaabramowicz1) July 17, 2023 https://www.newyorkfed.org/microeconomics/sce/credit-access#/ Wut mean? …
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/KAUdnYdZRD — unusual_whales (@unusual_whales) July 16, 2023
DXY has broken down to new 52-week lows Reaching levels seen in April 2022 pic.twitter.com/HYpmPEae0s — Bravos Research (@bravosresearch) July 13, 2023 The US Dollar Index, $DXY, is now trading below 100.00 for the first time in 15 months. Markets may finally be buying the narrative that inflation is falling. pic.twitter.com/M26eiQ4JDl — The Kobeissi Letter …
Large Banks Experience Record $921B Deposit Drain in 40 Years, Outpacing Small Banks’ Decline Data from the Federal Reserve reveals that large banks in the U.S. are experiencing the fastest decline in deposits in four decades. Since April 2022, deposits at the 25 largest commercial banks have plummeted by $921 billion, a decline of 7.88 …
The fear of a US banking crisis has largely faded from market sentiment, but it seems there's a steady, low drumbeat of distress among some firms. The amount of money lent out under the Fed's emergency lending facility rose for a sixth straight week, remaining above $100 billion. pic.twitter.com/NPCTzVhbZI — Lisa Abramowicz (@lisaabramowicz1) June 15, …
