Scott Adams: “Sometimes you have to wait until things go #TooFar before the energy is right for a fix. We are entering the fixing stage for almost everything. Powerful correcting forces are rising. “

There's a lot of good news disguised as bad news this week. Sometimes you have to wait until things go #TooFar before the energy is right for a fix. We are entering the fixing stage for almost everything. Powerful correcting forces are rising. You'll be fine. — Scott Adams (@ScottAdamsSays) August 2, 2023 The Democrat …

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Japanese Investors Shift Away from U.S. Bonds Amid Rising FX Hedging Costs and Anticipated Higher Yields

by Chris Black Japanese investors have already begun adjusting investment portfolios away from U.S. bonds in light of rising FX hedging costs (https://archive.is/BGtTQ) and in anticipation of higher JGB yields (https://archive.is/8MWKR). Official sector data (https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html) show a notable decline in Japanese holdings of Treasuries, a slight decline in Agency MBS, and a modest increase in …

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Hedging Bets: My SPY Put Strategy Amid Rising Bankruptcies

by bitkogan While White House economic advisor Jared Bernstein suggests that Yellow’s bankruptcy was the result of excess debt following multiple mergers, labeling it as more of a ‘Yellow-specific story’ than as a broader economic concern, I see the situation somewhat differently. To me, this pattern of debt accumulation for acquisitions is rather indicative of …

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“The ultra wealthy have have never been richer & are still spending like crazy. You can thank rising stock markets & YOLO spending culture for that”.

https://twitter.com/NorthmanTrader/status/1685201566196748289 https://twitter.com/NorthmanTrader/status/1685637032415043585 “Why the Federal Reserve has made everything more expensive to make things less expensive” actual title of article by NBC, they to on to call this “A little bit of science and a little bit of art” Clownworld is authoring its own satire at this point. NBC News engages Orwell mode and puts …

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Why US Inflation Will Start Rising Again (WTI Crude Futures UP Above $80 Again As Gasoline Futures UP 91.5% Under Bidenomics)

by confoundedinterest17 Joe Biden said that Republicans will impeach him in the House of Representatives since inflation is coming down. Huh? No Joe, it is because your are the most corrupt President in history, a compulsive liar and your economic policies are pure World Economic Forum mandates (open borders, Central Bank Digital currency, green energy, …

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The Debt Time Bomb is Ticking: Rising Delinquencies, Soaring Bankruptcies, and the Looming Detonation of Student Loans

by Dismal-Jellyfish Source: https://abi.org/newsroom/press-releases/commercial-chapter-11-filings-increased-68-percent-in-the-first-half-of-2023 The 2,973 total commercial chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Individual chapter 13 filings increased by …

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Biden’s Build Back Better Now Build Back Bankrupt! Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023 (Rising Rates Thanks To Bidenflation)

by confoundedinterest17 Biden’s massive spending spree (aka, Build Back Better) has a new name: Build Back Bankrupt! According to Epiq, Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023. NEW YORK – July 03, 2023 — The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a …

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Nick Gerli: Rents in hard-hit cities like Austin, Las Vegas, and Phoenix are down 6% in the last year, with taxes, insurance, and interest costs rising. This could lead to forced selling in H2 2023.

Rents are dropping. 📉 Hardest-hit cities include Austin, Las Vegas, and Phoenix, where rental rates are down -6% over the last year. Meanwhile – taxes, insurance, and interest costs are up significantly. Cocktail that could mean forced selling in H2 2023. pic.twitter.com/nKiLmPRW0V — Nick Gerli (@nickgerli1) July 4, 2023 “Landlords who purchased in the last …

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Marine Le Pen addresses France’s chaos, violence, and destruction, urging citizens to reject the rising tide of anarchy and violence.

As chaos and disorder surge through the streets of France, Nationalist politician Marine Le Pen has issued a stirring national address, imploring her compatriots to reject the rising tide of anarchy and violence. “For several days, a state of endemic disorder, violence, and destruction has been established in the country, the images and echoes of …

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Bank of America faces $100 billion in bond losses due to rising interest rates, the same reason that $SIVB and $FRC collapsed.

We are digging into all of the data behind this new report. The unrealized losses seem to go well beyond just bond markets. Let us know if you'd like to see a Twitter thread explaining this situation in full detail. Follow us @KobeissiLetter for more as this develops. — The Kobeissi Letter (@KobeissiLetter) June 30, …

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Banks tighten lending standards amid rising rates, potential economic slowdown. Global yield curves invert, highest 2-year rates since 1992.

by BoatSurfer600 As rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses. If the credit to the economy dries up more than anticipated, then the slowdown might accelerate. A credit-starved economy is no bueno Source: Sagar Singh Yield curves around the world are inverting the …

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San Francisco: Mayor Breed Orders Belt-Tightening as City Budget Implodes – combination of rising expenses and diminishing revenue sent the city’s estimated deficit to $728 million

by DJDevine These are the consequences of decriminalizing drugs, apathy towards the homeless, sky high taxes, and ridiculous policies. In other words, this is the result of voting unchecked for what feels good instead of what IS good for your community. Thank to that and essentially outlawing conservatism of any kind, this is the result …

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UK “homeowners” getting squeezed by inflation & rising interest rates. How are you preparing for this recession?

Three million middle class homeowners are at risk of having their savings wiped out by the recent surge in mortgage costs, a leading think-tank has warned. Analysis from the Institute for Fiscal Studies (IFS) suggests 2.9 middle middle income mortgage holders would have to raid their savings or ask for help to meet an unexpected …

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Doug Casey on the Rising Number of Fake Holidays

via internationalman International Man: Let’s start with the basics. What are holidays, and why are they important to a culture or country? Doug Casey: The word “holiday” actually comes from “holy day”; it has a religious derivation. Once upon a time, I’d say as recently as the 1950’s, religion played a very important role in Western culture. …

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Welcome To The United Banana Republics Of America! US Debt At $31.8 TRILLION And Growing Fast, Unfunded Liabiliities At $188 TRILLION, Personal Taxes Will Be Rising To Pay For This Outrageous Spending Splurge

by confoundedinterest17 Nicolas Maduro of Venezuela must be envious of Joe Biden. I don’t think even Maduro has the stones to have his politiical opponent charged with espionage in the run-up to a Presidential election. Particularly when the US President has been bribed by China and Ukraine and has similiar sensitive document hoarding issues (at least Trump …

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Tensions between Russia, China and the US are rising, leading to economic warfare.

Tensions are rapidly rising between Russia, China and the U.S. It's only a matter of time before an incident happens or the economic warfare breaks a financial pillar. https://t.co/2EMgiCsgMP — Financelot (@FinanceLancelot) June 8, 2023 events in the market always happen.. yesterday the bank of canada triggered algos to sell.. macro/geopolitcal events are the first …

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The S&P futures market is net-short approaching the levels of late 2007. Rising rates are linked to recessions, both soft and hard.

https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ Powell can re-define recessions with words, but despite his double speak, he too knows that a recession is already underway. As for recessions, the data is equally abundant that those rising rates tend to correlate directly with recessions, both soft and hard   Source: https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ h/t BoatSurfer600

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