Independent thinking for complex markets and current events
Over 5,700 American children had trans surgery between 2019 and 2023, medical group claims: ‘Treated like guinea pigs’ A new national database maps gender-affirming care for minors, listing where children are getting puberty blockers, hormone replacement therapy and sex reassignment surgery — and calls out some of the nation’s most notorious providers. Researchers were able …
By Martin Armstrong The Biden Administration is pushing banks to report every $600 transaction, whether a deposit or withdrawal, from every business or personal account. The Democrats want everything, and no matter how much they collect, they will always spend more. TAXES are really no longer even necessary along with borrowing. They never pay off …
“Stellar NFIB Sep report showing an economy steaming ahead at full throttle. Max uncertainty – highest on record, higher than during COVID Ease of hiring – Sep major easing vs August completely at odds with NFP – As easy as Dec 19 (Smalls are largest private employers in US) % planning capex spend down 5 …
“Their goal is to have endless war, not a successful war” “My naiveté was believing in the law. When push comes to shove, laws are just pieces of paper, and they can be reinterpreted for political expedience. They are the rules made by the ruling class, and if those rules don’t suit what it wants …
The U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment rate edged lower, the Labor Department reported Friday. Nonfarm payrolls surged by 254,000 for the month, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast. The unemployment rate …
The recent strike by the International Longshoremen’s Association (ILA) has triggered widespread panic buying and hoarding at grocery stores. Starting on October 1, 2024, the strike involves about 25,000 port workers along the East and Gulf coasts, significantly disrupting the supply chain. Fears of shortages have led consumers to stock up on essential goods, adding …
Bank of America is currently experiencing a widespread outage. Many customers have reported issues accessing their accounts, with some seeing their balances temporarily showing as zero. The outage began around noon Eastern Time and has affected online and mobile banking, as well as ATM operations in major cities. https://news.yahoo.com/news/bank-america-down-users-report-194057499.html https://www.msn.com/en-us/money/other/bank-of-america-customers-report-outage-with-some-seeing-0-balances/ar-AA1rBpk7
Nvidia stock (NVDA) rose more than 2% on Wednesday after an industry report projected “unprecedented” levels of investments in artificial intelligence, a bullish sign for the AI chipmaker. Consulting firm Bain’s annual technology report published on Wednesday projects that companies will need to make “unprecedented levels of investment” in technology infrastructure to stay on top …
from Kerry Lutz’s Financial Survival Network Kerry Lutz hosted a discussion on Eric Sprott’s potential to rival tech billionaires like Elon Musk in wealth and influence through his strategic investments in precious metals, particularly gold and silver, which he views as essential stores of value amid economic instability. The conversation highlighted Sprott’s successful transition from finance …
Something remarkable happened to the price of gold back in early 2022 around the time of the Ukraine war: having previously tracked gold ETF inflows to the tick, the price of gold suddenly disconnected and exploded higher even as “paper gold” as some call it, slumped. We showed this for the first time back in April with …
BY DAVID HAGGITH That lip is going to be getting a little raw. The rise in inflation that I’ve said we could see by end of summer, continues to look increasingly likely to emerge soon and not like it is going to cut Chairman Powell’s rate cut a break. Today’s US manufacturing report came in …
Network coverage of former President Trump has been overwhelmingly negative since the second assassination attempt against him Sunday, according to one report. Analysts at the Media Research Center (MRC) reviewed 69 minutes of campaign coverage on the ABC, CBS and NBC evening newscasts between Sept. 15 and Sept. 17. MRC reported that although the thwarted …
Adults under age 50 have been developing breast cancer and colorectal cancer at increasingly higher rates over the last six decades, and alcohol use may be one factor driving the trend, according to a scientific report published on Wednesday. The report, by the American Association for Cancer Research, highlights scientific breakthroughs that have led to …
The United States' 33 million small businesses employ about 46% of all private sector employees, according to the Small Business Administration, and were responsible for 70% of net new jobs since 2019. — unusual_whales (@unusual_whales) September 11, 2024 37% of NFIB respondents reported deteriorating earnings, the largest share since March 2010, due to weaker sales …
REPORT: @BenBergquam Exposes One Of The Last "Trump Border Wall" Graveyards! This One Is In New Mexico.The Biden/Harris Regime SCRAPPED Millions Of Dollars Worth Of Trump Border Wall Instead Of Installing It.They Sold It For Pennies On The Dollar! pic.twitter.com/0nUQt7R8x5 — John Basham (@JohnBasham) September 9, 2024 h/t MT Ballsack
Payrolls context in a chart pic.twitter.com/ROiFjzSGIb — Patrick Saner (@patrick_saner) September 6, 2024 Full-time employment fell by almost 500,000 – offset by gains in part time & foreign born employment.#MacroEdge pic.twitter.com/S3OvfyoxiJ — MacroEdge (@MacroEdgeRes) September 6, 2024 50bp cut to slow the spread pic.twitter.com/KG2UUq64E3 — Don Johnson (@DonMiami3) September 6, 2024
by confoundedinterest17 We are dancing the Grizzly Bear with jobs reports. The more truthful ADP report is out and it shows a wimpy 1.3% YoY addition in jobs. So much for a dynamic, growing economy under Biden/Harris. The Covid era Federal spending has run out of steam. Ahead of tomorrow’s “most important data point in history” payrolls print, …
https://www.fdic.gov/system/files/2024-09/qbp.pdf Finra, a Wall Street regulator is understating Margin Debt by more than $4 TRILLION dollars, by not counting gigantic Meme Banks who make Margin Loans to Hedge Funds Most market watchers rely on the monthly margin debt figures published by Wall Street’s self-regulator, FINRA, as the reliable gauge in determining how much of securities …
Around 1.6 million pensioners living below the poverty line and who do not receive Pension Credit are set to lose out as a result of the government’s decision to means test the Winter Fuel Payments, according to a report by the former pensions minister. Sir Steve Webb, who is now partner at pension consultancy firm …
A bombshell congressional report claims would-be Trump assassin Thomas Crooks was incapacitated by a local cop before he was killed by a Secret Service sniper. Two months after Crooks shot the former president’s ear at a rally in Butler, Pennsylvania, a preliminary report from Rep. Clay Higgins offered a differing narrative to the official one …
The judge overseeing Elon Musk and X’s defamation lawsuit against Soros-backed Media Matters just DENIED their motion to dismiss. Media Matters could now be forced to pay back all the ad revenue X has lost as a result of their lies Last year, they manipulated X to coerce many advertisers to leave the platform. They …
According to a recent report by Clever Real Estate, nearly half (42%) of residential real estate investors have reported losing more money than they’ve made in real estate investing. The study also found that 90% of investors have lost money on at least one investment. Source: https://metroatlantaceo.com/news/2024/07/90-real-estate-investors-have-lost-money-investment/ https://finance.yahoo.com/news/90-real-estate-investors-lost-124100763.html https://www.prnewswire.com/news-releases/90-of-real-estate-investors-have-lost-money-on-an-investment-302203550.html
(NewsNation) — A new Department of Homeland Security (DHS) report argues the U.S. Immigration and Customs Enforcement Agency (ICE) cannot account for unaccompanied immigrant children at the border. On Aug. 19, the DHS published a 14-page report revealing more than 32,000 unaccompanied children did not attend their immigration hearings between the fiscal years of 2019 …
This could be the stock market’s most important week of the year as investors await Nvidia’s second-quarter earnings results on Wednesday, according to one Wall Street analyst. Wedbush analyst Dan Ives called the imminent Nvidia results the “most important tech earnings in years” in a note last week. “We believe the most important week for …
Between the ongoing sugar hangover from their onanistic coverage of Obama Night at the 2024 Democratic National Convention, and the anticipation of speeches from President Bill Clinton and the Governor of Stolen Valor, the Regime Media evening newscasts mostly neglected to report on a piece of data that is potentially damaging to the electoral prospects …
As we approach $NVDA earnings next week here are some concerns: This company’s stock appears to be heavily overvalued based on the metrics provided. The P/E 76 and P/S 24 ratios are extraordinarily high, suggesting that the market has very optimistic expectations for future… https://t.co/l3ckYZdQ6X — The Coastal Journal (@1CoastalJournal) August 20, 2024 $NVDA breakout …
by Mike Shedlock Age group 25-35 was very hard hit in Friday’s job report. Overall unemployment rose 0.2 percentage points. For age group 25-34 unemployment jumped by 0.4 PP. Data from BLS, chart by Mish June to July Rise in Unemployment in Percentage Points (PP) 16-19: +0.3 PP from 12.1% to 12.4% 20-24: +0.2 PP …
According to data, New York City officials’ receipts show that almost $5 billion has been spent on services for illegal aliens, including $2 billion just on housing. The city has housed, clothed, and fed close to 212,000 foreign nationals who have illegally entered the United States through the Southern border, which makes it the hardest …
The Federal Deposit Insurance Corporation (FDIC) has unveiled a startling figure that shows Americans are holding a colossal $7.7 trillion in uninsured deposits within their bank accounts. The agency’s data, captured at the end of March, shows the amount of unprotected deposits in US banks has been increasing for the first time since the last …
