A hub for independent voices and hard truths
The British Navy reported an attack on a ship off the coast of Yemen “UKMTO received a report of an incident that occurred 60 nautical miles southwest of Aden. Authorities are investigating the circumstances of the incident. Vessels are advised to exercise caution and report… pic.twitter.com/ieSusAaOhi — Sprinter Press (@SprinterPress) …
by Michael Americans are going into debt as if tomorrow will never come, but of course tomorrow always arrives eventually. What we are witnessing right now is truly a historic debt binge, and to many of the experts it seems like there is no end in sight to the unrestrained …
by Stephen Green BIDENOMICS: Americans are racking up more ‘phantom debt’ — why that’s a problem. Some types of debt can haunt you. “Buy now, pay later” loans, especially, can be hard to track, making it easier for more consumers to get in over their heads, some experts say — even more …
In a world inundated with headlines and media narratives, it’s crucial to question the numbers presented to us. Recent revelations about jobs reports paint a concerning picture, revealing a pattern of deception to meet political agendas and manage public perception. According to Zerohedge, 10 of the last 11 months have …
Despite being the highest-earning generation, millennials grapple with a stark reality – their wealth lags significantly behind. The rising cost of living, outpacing wage growth, is a key culprit, creating financial strains on this demographic. Notably, prices have surged, with ground beef averaging $5.23, up from $3.89 in January 2020. …
Jan 3 (Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy. Two of China’s biggest state-owned banks …
Hulu, Netflix and other streamers are turning to bundles, discounts and ad-supported plans as customer defections rise https://www.wsj.com/business/media/americans-are-canceling-more-of-their-streaming-services-fb9284c8 About one-quarter of U.S. subscribers to major streaming services—a group that includes Apple TV+, Discovery+, Disney+, Hulu, Max, Netflix, Paramount+, Peacock and Starz—have canceled at least three of them over the past …
More regulation and rising trade tensions continue to be felt across the market. This also comes at a time when China's real estate market is in recession territory. Expect a bumpy road ahead as this continues. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter …
via MSN: Millions of Americans are at risk of losing key modes of transportation as intercity bus depots close down en masse in many cities due to rising operation costs and loss of government funding, among other reasons. Made up of companies like Greyhound, Trailways, and Megabus, intercity bus lines offer …
by confoundedinterest17 Like the spaghetti western “The Good, The Bad And The Ugly,” Bidenomics has had similar effects on financing. Some good, some bad and a lot of uglies. The good! For investors like pension funds the own US Treasuries, inflation has led The Federal Reserve to raise interest rates. This is good …
ESG was exposed to all and I many are now running from it.We weren't supposed to understand what they were doing, but it became known and how stupid it was. BlackRock CEO Larry Fink said he no longer uses the term "ESG" — shorthand for environmental, social and governance — …
🚨 Breaking: Federal 🖨️💵 💵 The Fed is injecting liquidity into the market through various facilities , raising concerns 📈 BTFP reaches a new record high, signaling heightened worries for banks 🔄 Repo 🖨️💵 on the rise, indicating stress in the financial plumbing. pic.twitter.com/ilmuMZSOpx — The Coastal Journal (@1CoastalJournal) December …
With disconcerting parallels to the financial crisis of 2008, warning signals are intensifying. A stark divergence between large and mid caps, soaring borrowing costs for S&P 500 companies, a prolonged crude oil decline, and soaring hedge fund exposure all contribute to an uneasy market outlook. The historical correlation of the …
The car market in a nut-shell: 1) Interest rates at 20-year highs. 2) Consumer savings depleted. 3) Vehicle prices slowly normalizing (with some exceptions). And yet… sales volumes are fine. The real looming issue in the industry right now? Undoubtedly margin compression.… — Car Dealership Guy (@GuyDealership) November 21, 2023
As economic indicators paint a foreboding picture, the descent of oil prices in gold terms serves as a stark warning, signaling the potential for a hard landing. The alarming reality is further underscored by a concerning 30% rise in business bankruptcies in the United States during the twelve-month period ending …
The rising debt/GDP ratios in both Europe and the US suggest an impending era of financial repression, similar to what Japan has experienced. Axios notes that it would require substantial measures, equivalent to $2,400 per American per year, in either spending cuts or tax increases to stabilize the national debt. …
With beef prices continuing to skyrocket, demand has shrunk and forced many of the largest food producers to import cheaper alternatives. Tyson Foods is among those who have been “squeezed” into not only importing more but also exporting less. Tyson CEO Donnie King in August warned low cattle inventories were …
The alarming truth is that the soaring rental costs are taking a toll not only on low-income individuals but also on those with above-average incomes. This unforgiving rental market is compelling people to relocate further away from their workplaces in search of more affordable housing. 🔊 … can't afford rent …
by confoundedinterest17 President Joe Biden and his boss Barack Obama remind me of the legendary corrupt Chicago politicians First Ward Alderman Michael “Hinky Dink” McKenna and “Bathhouse” John Coughlin. And their love of “boodle” (a slang term money, gained (Biden family payoffs from foreign countries), or spent improperly (Obama shipping large pallets …
Jobs report is out: October is lower than expected, plus more downward revisions from initial reported numbers. Unemployment is also up. 34% of reported jobs gained were in government, while manufacturing lost 35,000 jobs. View post on imgur.com Unemployment among Hispanic workers rises at faster pace in October than overall …
The only thing Biden & Co. can do is come up with catch-phrases. – Americans SUFFER with #inflation and a coming #recession. – HUGE layoffs around the corner as job loss numbers increase.-Staggering figures reveal 1.2 MILLION US-born workers lost their jobs last month. They… pic.twitter.com/lDTw7Ejkiz — Kurt Schemers (@KurtSchemers) …
KFC Seattle Wa 8pc $32 12pc $46 16pc $60 – 8 piece Tenders $32.00! KFC Seattle Wa8pc 12pc 16pc$32 $46 $60 https://t.co/SEJrww8i97 pic.twitter.com/XDpyxyyleB — Dagnum P.I. (@Dagnum_PI) October 30, 2023 Big Mac Combo meal $17.59, Medium Coke $3.99 Connecticut This was at a rest stop, but these McDonald's prices are …
The rise in California’s unemployment rate from 3.8% to 4.7% is concerning, and it’s an indicator that the overall U.S. unemployment rate may also see an increase in the near future. Focus on California. Unemployment in that state was 3.8% and is now up to 4.7%. The US unemployment rate …
by Chris Black Supply and demand for physical products have nothing to do with the price. The price is not set by consumers or producers. The price is set by speculators using HFT algorithms… Continue reading by subscribing. Username Password Remember Me Forgot Password
A concerning pattern of ongoing divergence emerges, with a clear mismatch between restricted access to loans for small businesses and the historically low initial jobless claims. https://twitter.com/joosteninvestor/status/1716297211158401494 It’s a layoff winter underway already…. Nov/Dec claims should be interesting. So much for those 170k salaries too for drivers… https://t.co/fp08GlNHPj — Don …
by confoundedinterest17 Its the Biden Bop! As Bidenomics continues its blitzkrieg on the US economy with the Federal government massively expanding its debt while households and business cut back on debt. The US government is the only sector to have notably borrowed on a net basis over the last five years. The …
This can’t be good. How long can this go on for? This increase equates to $ 8 trillion per year. JUST IN: Total US debt jumped by $500 billion in just 18 days after hitting $33 trillion, according to Zerohedge. To be exact, total US debt is now at $33.513 …
“One of the most expensive items the news media economic cheerleaders wants everyone to ignore is the cost of food 🚨 Unfortunately for them, most Americans still go grocery shopping and the immediate impact of higher food prices on the consumer. The chart below is based on the BLS’s own …
