Memphis Reaches New All-Time High Homicide Record
by Chris Black Congratulations, Memphis! Breaking records! Continue reading by subscribing. Username Password Remember Me Forgot Password
record
Thanksgiving Market Extravaganza: S&P 500 and Nasdaq Surge Amidst Overbought Conditions, Global Stock Funds Inflow, Cash Dominance, and Record Highs for Bitcoin ETFs
As Thanksgiving approaches, the financial markets reflect a robust performance, with the S&P 500 ETF ($SPY) marking an 8.8% increase for the month and a remarkable 20.3% gain for the year. The Nasdaq 100 ($QQQ) outshines, boasting an impressive 47.1% …
NVIDIA price and number of funds owning its stocks. Both on record highs.
by ChampionshipUsed9855 Another interesting point is that NVIDIA stock-based compensation equals 10% of its revenue. That is record high Pul/Call ratio on 2-year low:
Investor Exodus: Housing Market Sees Record Drop in Purchases, 7 Sun Belt Cities Witness Steepest Declines
As investor purchases in the housing market plummet at an unprecedented rate, dropping 29.7% year over year to 48,667 in Q3 2023—the lowest third-quarter level since 2016—the broader US real estate landscape faces a significant slowdown. Investors are scaling back …
Biden’s Housing Market! Existing Home Sales Crash To Slowest Since 2010 (-14.6% YoY), Hit Record Low In The West (Simply Unaffordable)
by confoundedinterest17 Even Biden’s press secretary Karine Jean Pierre admitted that all the slogans and hype about Bidenomics is a losing message. The economy is terrible for the middle class and low-wage workers. But excellent for the 1% donor and …
For the record. Walmart shooting injures 4. Shooter kills self. Beavercreek, OH
This one seems a little odd. Sounds like a rifle was used and no one died except the shooter. “Beavercreek Police say a male walked into the Walmart on Pentagon Boulevard around 8:30 p.m. Monday night and started shooting injuring …
Bleak Outlook for US Banking Sector in 2023: Layoffs Surge, Stocks Hit Record Lows, and Commercial Real Estate Crisis Looms
In 2023, major financial institutions such as Citigroup, Goldman Sachs, Farmers Insurance, Robinhood, Charles Schwab, Wells Fargo, Ally Financial, Morgan Stanley, Bank of Nova Scotia, and RBC have collectively announced layoffs, totaling more than 20,000 employees according to Forbes. These …
The gap between the monthly cost to buy a house and monthly apartment rent is the highest on record
also pic.twitter.com/9HFtpRETba — Darth Powell (@VladTheInflator) November 19, 2023
Japan’s Economic Contraction Sparks Surge in Gold Prices, Approaching Record Highs
As gold in Japan inches closer to another record-breaking high, the economic woes persist, with the country’s economy contracting at its most rapid annualized quarterly pace in two years during the third quarter. This juxtaposition underscores the prevailing economic challenges …
UNBELIEVABLE: Court rules automakers can record and intercept owner text messages
A federal judge on Tuesday refused to bring back a class action lawsuit alleging four auto manufacturers had violated Washington state’s privacy laws by using vehicles’ on-board infotainment systems to record and intercept customers’ private text messages and mobile phone …
Trudeau’s 8-Year Legacy: Canada’s Fury Over Unprecedented Economic Hardships – Record Food Bank Dependency, Soaring Inflation, and Unattainable Housing
Under Justin Trudeau’s lengthy leadership, Canada grapples with an infuriating reality: a shocking 2 million people now rely on food banks in a single month. These startling numbers showcase the escalating economic hardships faced by countless Canadians. Trudeau’s era has …
Only 28% of stocks from S&P 500 outperforms the index last 12 months. Record low for last 5 years.
h/t ChampionshipUsed9855
Warren Buffett’s Berkshire Hathaway Hits Record $157 Billion Cash
by Agitated_Product_404 In short Warren Buffet and Charlie Munger, two of the greatest investors of all time leading one of the largest funds in the world just increased their cash position yet again this last quarter to $157 Billion. This …
Warren Buffett’s Berkshire Hathaway sells stocks as cash pile swells to record levels
https://www.ft.com/content/4ec10c1b-a365-483f-8566-e2ff47435dd5?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev “Conglomerate offloads more than $5bn worth of US and international shares” “The company sold more than $5bn worth of US and foreign stocks in the third quarter, according to results released on Saturday. The sales lifted Berkshire’s divestments of …
Record Credit Card and Car Loan Defaults as 447,000 Americans Juggle Two Full-Time Jobs
The United States is facing significant economic challenges, with record-high rates of consumer defaults on credit cards and car loans, reflecting the financial strain on many households. WARNING: The consumer is borrowing more than they can afford Default rate on …
Record High Searches for ‘Give Car Back’ Reflect Financial Stress
The surge in online searches for “give car back” reaching an all-time high, and the concurrent trend of “can’t pay credit card,” signals financial distress among individuals. For everyone DMing me: No, you can’t “give back” a car 🙃 That’s …
Bidenomics At Work! Savings Rate Plunges As Spending Soars, Inflation Slows As Govt Wage Growth Nears Record High (Commercial Office Delinquencie On The Rise, San Francisco Soars To 30.4% In Q3)
by confoundedinterest17 Biden’s leading “economist” Lael Brainard loves to brag about the strong economy under Bidenomics, and then pulled a brain freeze when asked about crashing savings rates as consumers struggle with inflation. The good news? One of The Fed’s …
Reality Check: U.S. Savings Rate Drops to 3.4%, Challenging Notion of ‘Excess Savings; Record High Retail Credit Card Rates at 28.93% – Up Nearly 20% Since 2021
The notion of “excess savings” appears to be unraveling as the U.S. Savings Rate took a notable hit in September. We can cancel the "excess savings" idiocy In Sept, the US Savings Rate collapsed from 4.0% to 3.4%, the lowest …
Germany to Begin ‘Large Scale’ Deportations, Says Scholz as Country Faces Record Number of Illegals
German Chancellor Olaf Scholz has admitted that “too many people are coming” into the country illegally and vowed to begin deportations on a “large scale” as Germany is on pace to see more illegal migrants enter the country than during …
US Pending Home Sales Fell 7.1% In August, Near Record Low (Down 11% YoY Under Bidenomics As Mortgage Rates Highest Since 2000)
by confoundedinterest17 Bidenomics is the gift that keeps on giving … if you are one of the top 1% of income. But if you are in the middle class, Bidenomics is like a horror movie. Pending home sales fell 7.1% …
Global Fossil Fuel Demand Set To Hit Record High In 2024
via oilprice: A new report from the Economist Intelligence Unit shows global energy consumption rising by 1.8% in 2024, hitting a new record high. Despite high prices and supply disruptions, the report shows crude oil and natural gas demand climbing …
Record high credit card interest rates are likely to hit the bottom 50% of earners the hardest as they’ve been borrowing to make ends meet
Financial winter is coming. h/t Mayhem4Markets
Beef prices are at record highs — Inflation ain’t going anywhere…
Retail beef prices in the U.S. are at record highs, pushing up prices of beef-based products from burgers to steaks and steak tartare. That’s largely thanks to a shrinking cattle supply, as well as higher input costs, market watchers told …
Cat 5 hurricane (Otis) out of no where to hit Acapulco Mexico, on record there has never been a hurricane of this intensity to hit this area.
National Hurricane Center: "A nightmare scenario is unfolding for southern Mexico this evening with rapidly intensifying Otis approaching the coastline…This is an extremely serious situation for the Acapulco metropolitan area…There are no hurricanes of record even close to… pic.twitter.com/67b14GpRwd — …
Record subprime auto loan delinquencies raise concerns beyond the car market
The record-high subprime auto loan delinquency rate in September is deeply concerning, but it’s not just about the car market. The ripple effects extend to people struggling with their bills, families losing their means of transportation, and the broader economy. …
Gold to hit record levels in 6 different major currencies. The US dollar is the next one in line.
Gold to hit record levels in 6 different major currencies. EuroBritish PoundChinese YuanAustralian DollarsJapanese YenKorean Won The US dollar is the next one in line. pic.twitter.com/Ili2oKEBxd — Otavio (Tavi) Costa (@TaviCosta) October 19, 2023 Gold is starting to sniff that …
Massive Economic Turmoil: Surging Credit Card Losses, Record Evictions, Soaring Loan Delinquencies, and Unhappy Workers
The sharp increase in credit card losses, coupled with the rise in evictions and loan delinquencies, paints a bleak picture for the economy, reminiscent of the challenging times during the Great Financial Crisis. Food Prices up Over 20%, Credit Card …
Americans Failed to Pay a Record $688 Billion in Taxes. The IRS Says That Will Change.
Americans didn’t pay an estimated $688 billion in taxes due on their 2021 returns—the largest shortfall ever. Audits and other enforcement will be stepped up to reduce the gap, the Internal Revenue Service said Thursday. The number includes $542 billion …
Another $40 billion in debt a day! Our national debt has jumped by $550 billion in the past 3 weeks; Global central banks have been buying record amounts of gold to de-dollarize
Former Speaker Kevin McCarthy did a deal with Biden to suspend the debt ceiling entirely until 2025. So there is no debt limit now. That is one of the reasons he was removed as Speaker. Conservatives felt that was crazy …