Independent thinking for complex markets and current events
WE HAVE NEVER BEEN THIS BROKE… Searches for ‘can’t pay credit card’ smash records… 11% of accounts now seriously delinquent… Savings rate vanishes… 🚨 Americans have never been this broke before. Google searches for “can’t pay credit card” just hit an all time high. At the same time, US consumer confidence has collapsed to one …
Kevin Hassett basically said record credit card spending is a strong economy sign and people are cooking him for it. Most families aren’t maxing cards because times are great, they’re doing it to survive groceries, rent, and gas right now. Talk about tone deaf! People are spending more on credit cards and for gas and …
Wall Street quietly rotates out while Main Street FOMOs into the exact top hedge funds are fleeing. This is the exact handoff that turns yesterday’s heroes into tomorrow’s bagholders when the music finally stops. Burry bought more puts again yesterday, added to $SOXX $NVDA and $QQQ short position. 😬😬😬 — TT3 (@TradingThomas3) May 7, 2026 …
Food banks in multiple states reported record demand in April as more families struggled with high grocery prices. Several large networks said they distributed 20-30 percent more food than the same period last year. Many working families who never used food assistance before are now showing up. Donations are struggling to keep pace with the …
Just 25% of U.S. non-homeowners expect to buy within five years, the lowest on record. pic.twitter.com/RpZFcUsxX3 — Hedgeye (@Hedgeye) May 4, 2026
BUFFETT SAYS US HAS NEVER HAD MORE INVESTORS IN A "GAMBLING MOOD" BUT OPPORTUNITIES STILL EXIST — *Walter Bloomberg (@DeItaone) May 2, 2026 Berkshire Hathaway Q1 2026 highlights: • $373.5 billion of cash • $10.4 billion of net operating cash flow • $234.2 million spent on share repurchases across Class A and Class B shares …
Leveraged ETFs amplify daily moves so heavy volume usually signals aggressive short term speculation. Retail investors are piling into leveraged semiconductor ETFs at an unprecedented pace: Combined daily trading volume in the 3x leveraged short semiconductor ETF, $SOXS, and the 3x leveraged long semiconductor ETF, $SOXL, has surged to ~330 million shares, the highest in …
Alphabet and Microsoft lead strong Q1 recovery as cloud revenue surges… AI infrastructure spending arms race adds $4 trillion in market value… Amazon leads gains while analysts flag divergence from industrial fatigue… Investors monitor Elon Musk lawsuit against OpenAI naming Microsoft as defendant… Alphabet shares surged as Google Cloud crossed the $20B quarterly milestone with …
Reporters Without Borders: Global media freedom in “Severe” freefall… Only 1% of world population now lives in countries with “Strong” press freedom… Shadow over the Web: Russia creates “Censorship Council” to purge domestic internet… China mandate: Commercial drone owners in Beijing must now register with police… In 2002, 20% of the world lived in a …
by Michael Americans were not even this stressed about their financial situations during the Great Recession. As you will see below, a brand new Gallup survey has discovered that 55 percent of Americans believe that their finances are getting worse. That is higher than any reading that Gallup recorded during the recession of 2008 and …
“Gotcha headline with no supporting data” 🙄 Here’s Redfin’s “record rate” – a total of an entire 10 year study. Super. No doubt prices are coming off, but cmon man …. This is just lazy. pic.twitter.com/1oZkLd8EhG — Matt Carrell (@MatthewCarrell) April 28, 2026 Worst March numbers in 10 years. pic.twitter.com/AP94gn2OK8 — Travis Rothell (@TRothell62855) April …
Just like the Nasdaq blowoff in early 2000 where every tech index screamed higher right before the crash wiped out years of gains. ⚠️THIS IS ABSOLUTELY INSANE: The Semiconductor Index, $SOX, relative to the S&P 500, rose to an all-time high of 1.39, This means semiconductors are now outperforming the average S&P 500 stock by …
China’s silver imports exploded in March.They jumped +78% month-over-month to a record ~836 tonnes.That’s +173% above the normal 10-year seasonal average for March.Big surge came from retail investors buying silver bars plus solar panel makers stocking up before tax rebates ended. China is clearly hoarding silver hard right now. h/t daddysgirl794
This billionaire just warned the debt is unsustainable and he expects forced sell-offs and a wave of deals that leaves only the strong standing. “…There’s billions and billions of refinancing required just to keep these things sustainable. When does enough become enough for some of the big banks?”….” https://t.co/gcMSQZcEki — kristen shaughnessy (@kshaughnessy2) April 22, …
Now show the REAL ending 😂😂 pic.twitter.com/MrwXPWcAh6 — Ben Peck 🤠🍊 (@TheBenPeck) April 19, 2026
Insane prices. They were looking north of 2 billion and got nearly double that. BREAKING: The San Diego Padres are nearing a deal to be sold to private-equity billionaire José E. Feliciano and his wife Kwanza Jones at a MLB-record valuation of around $3.9 billion. News with @miriamgottfried.https://t.co/nStdAXFcQ2 — Jared Diamond (@jareddiamond) April 17, 2026 The San …
Shiller P/E is over 40, which is higher than any time in the last 150 years except a few months before the dotcom bubble top. 🚨ONE OF THE SCARIEST CHARTS IN MARKETS RIGHT NOW US households have 52% of their financial assets in equities. The highest level ever recorded.Higher than the Dotcom peak.Higher than 2007.Higher …
JP Morgan Q1 results beat on record trading revenue, yet Dimon is issuing quiet warnings on “unprecedented” tail risks and structural inflation persistence. They are selling their “record” performance to the crowd before the credit cycle turns. $JPM closed lower Tuesday despite beating earnings estimates across the board, and the culprit is net interest income …
SPX IS ABOUT TO REPEAT 2022 And nobody is ready for what comes next. 2022: Russia → Ukraine war, Oil +70%, SPX -28%. 2026: U.S. → Iran escalation, Oil → already +70%. And SPX? Still near highs. Still hasn’t reacted. Let me show you something most people ignore: Since 1990, every major oil shock above …
A Record 34% of February Home Sellers Cut Their List Price More than one-third (34.2%) of February home sellers lowered their list price. That’s up from 31.5% a year earlier and represents the highest February share in records dating back to 2012. Fed minutes show willingness to consider interest rate increases Some Federal Reserve officials …
LONDON, April 7 – European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the U.S.-Israel war with Iran. The Iran war has forced the shutdown of at least 12 million barrels per day …
by Michael What are we going to do when global food prices go absolutely nuts and hundreds of millions of people are starving all over the planet? Even before this war with Iran erupted, world hunger was already at an all-time record high. Now, so much of the oil, natural gas and fertilizer that the …
Mortgage rates moved even higher again last week, as the war with Iran continues to stoke fears of inflation. As a result, total mortgage application volume fell again, down 10.4% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan …
Energy stocks are making history: The US Energy Select Sector Index has gained for 14 consecutive weeks, the longest streak on record. The index has rallied +43% over that stretch byu/RobertBartus inEconomyCharts
Asia runs on imported energy and if that flow even looks shaky, investors do not stick around to debate it, they pull first and ask questions later. This is how pressure shows up before the real economic damage hits. Investors from overseas have sold -$52 billion of Asian emerging-market equities excluding China so far in …
by confoundedinterest17 Nothing has been the same in the US housing market since the Covid outbreak of 2020. According to Redfin, there are nearly 50% more home sellers than buyers. And the number of homebuyers has fallen to historic lows. A good reason there are so few buyers is that home prices has soared after the …
Vostok, Antarctica bottomed out at −76.4°C (−105.5°F) sometime between 12:00 UTC yesterday and 00:00 this morning. 🇦🇶 If confirmed, this sets a new continental and worldwide record low temperature for March. 🌡️🏆 But you won't hear a peep about it in the press. pic.twitter.com/hPHIhSeEzu — Chris Martz (@ChrisMartzWX) March 25, 2026 Winter in the Northern …
by Michael Have we ever seen crazier weather during the month of March in the United States? Literally dozens of high temperature records have been shattered in the Southwest. Meanwhile, a very alarming series of historic droughts stretches all the way from the beaches of southern Florida to the mountains of northern Colorado. It is …
HELLL YEAHH!! 💪🇺🇸Thomas Massie just revealed his nuclear option. If Pam Bondi’s DOJ refuses to unredact the Epstein client names — Massie will walk onto the House floor and read them publicly himself. Under congressional immunity. No prosecution. No injunction. No seal that can hold. The names would be in the Congressional Record forever. This …
Record outflows from US financial stock funds are flashing a warning few are paying attention to. In the week ending March 11, equity funds lost $7.77 BILLION, with global financial sector funds alone shedding $2.31 BILLION, according to a Twitter analyst @DefiWimar. Meanwhile, bond funds took in $5.72 BILLION and money market funds added $6.93 …