Independent thinking for complex markets and current events
This is up 10.5 percent from 717 dollars same period last year. NEADA report say this is record high because electricity prices rise and summer very hot. Since 2020 cooling costs up almost 40 percent even after inflation. One in six households already behind on utility bills. Many low income families under 50k dollars struggle …
Trump invites Xi to visit White House in September during banquet in Beijing
BREAKING: A recession model that has predicted every single US downturn in 80 years just hit 49%. The threshold is 50%. Every time it has crossed that line, a recession followed within 12 months. No exceptions. And the data behind this reading doesn’t even include the Iran war yet… Moody’s built an AI model trained …
Trump: Iran operation is progressing ahead of schedule. I will not provide a timeline. — FinancialJuice (@financialjuice) March 5, 2026 Factcheck: The X post accurately quotes President Trump stating on March 5, 2026, that a U.S.-Israeli military operation against Iran is progressing ahead of schedule, with no specific timeline provided, as confirmed by reports from …
🚨BREAKING: Zohran Mamdani just nullified ALL Executive Orders Eric Adams passed after September 26th, 2024, the day he was indicted. pic.twitter.com/DIOP4v7C1F — Spencer Hakimian (@SpencerHakimian) January 1, 2026 Freshly sworn-in New York City Mayor Zohran Mamdani signed a number of executive orders on his first day in office Thursday, including one to revoke most executive …
via notayesmanseconomics On Tuesday we received figures for the labour market which showed a weakening economy. Sometimes the labour market is ahead of the output or GDP numbers as for example we saw in 2012/13. But this morning the GDP numbers disappointed as well. Monthly GDP is estimated to have fallen by 0.1%, following no …
by Mike Maharrey Central bank gold buying hit the highest level of the year in September, with several new banks adding to their reserves. Globally, central banks officially added a net 39 tonnes of gold to their holdings in September. That was up 79 percent month-on-month and was above the 12-month average of 27 tonnes. …
by confoundedinterest17 September US home sales printed at 4.06 million units. The US still hasn’t recovered from the Covid 19 outbreak of 2020 and the Fed’s response to Covid. On the commercial real estate side, CRE prices remain below Covid 19 outbreak levels.
It’s obvious the economy is a mess right now, slowest job growth in 15 years, a weakening dollar, sky-high tariffs, a government shutdown, and everything else falling apart. Meanwhile, the top 10% are chilling, barely noticing any of this, watching their net worths hit new records as the market keeps climbing. We didn’t get the …
by confoundedinterest17 US home prices are downshifting to a lower gear. Home prices across the top 20 cities in the US fell by 0.07% MoM (less than the 0.2% decline expected) – the fifth straight monthly drop in prices. This pulled the YoY price appreciation down to 1.82%, the lowest since July 2023. The U.S. housing market …
The U.S. job market is unraveling quietly while most people cling to the hope of a rebound that has already failed, and the numbers now reveal an economy slowing far faster than anyone wants to admit, leaving millions of workers stuck in jobs they cannot leave while millions more struggle to find work at all. …
by Michael I was recently reminded that as we were getting ready to enter September I described it as a “pivotal” month. I got to thinking about that, and I decided to look up the definition of “pivot”. According to Vocabulary.com, to pivot “is to turn or rotate, like a hinge”. I found that to be very …
Authored by Mike Shedlock via mishtalk, Sentiment downturn strong in lower- and middle-income levels. University of Michigan Sentiment Index, chart by Mish Please consider the University of Michigan Preliminary Sentiment Results for September 2025. Consumer sentiment moved down less than three index points in early September. This month’s easing in economic views was particularly strong among lower and …
by Michael The month of September has certainly begun with quite a bang. Yesterday, I listed 18 things that are going to happen during September and the early portion of October, and now we have another item to add to that list. On Twitter, French President Emmanuel Macron just announced that he will co-chair “the Conference on …
by Michael I kept warning about what would happen to our economy if we stayed on the path that we were on. For decades, our leaders have been making unbelievably bad decisions, and now the consequences are really starting to catch up with us. The cost of living has become incredibly painful, a larger housing bubble than …
by Michael This has been a crazy year for earthquakes. At one point this summer, we witnessed a total of 494 earthquakes of at least magnitude 5.0 within a 30 day period. That was about four times as many magnitude 5.0 earthquakes as we normally see during a 30 day period. Unfortunately, our planet continues to shake …
The system’s crumbling, gold’s at $3500, a dead canary in a coal mine. Central banks cut rates as inflation hits 3%, pure sabotage dressed up as policy. Yields at 30-year peaks shout panic, not control. They’re pumping a bubble to dodge the collapse. This isn’t economics, it’s a knife in your back. Your money’s burning …
🇺🇸🇨🇳 BREAKING: China to showcase new hypersonic missile YJ-17 on the September 3 parade. Chinese media claim it is capable of sinking US aircraft carriers at long range. pic.twitter.com/or6SW38buo — Defence Index (@Defence_Index) August 21, 2025 China is taking these actions because it currently leads in this area. But the United States also possesses the …
by Michael September is shaping up to be such a pivotal month, and right now major powers all over the globe are positioning themselves for what is to come. Just when we thought that global peace may be breaking out, it appears that a lot more war is on the horizon. In fact, I just …
via ToastTheCorgi Everyone piling into “September rate cut” bets is ignoring the actual data and listening to wishful thinking. The Fed isn’t going to hand out a cut just because markets want it. The labor market is still holding up. Sure, unemployment has ticked up a little, but it’s nowhere near a collapse. Powell has …
https://twitter.com/Cointelegraph/status/1956423461342969915 “Assembly Bill A08966, introduced August 13 and referred to the Ways and Means Committee, would take effect September 1, 2025… The legislation places responsibility for tax payment on ‘the person or persons making or effectuating the sale or transfer,’ potentially creating compliance challenges for exchanges, traders, and DeFi protocols operating in New York.” https://cryptonews.com/news/new-york-assembly-bill-seeks-0-2-excise-tax-on-crypto-and-nft-transactions/ …
🚨NOW – Canada will recognize a Palestinian state in September. Zionists are in tears 👏🏼 pic.twitter.com/4vfrqBehw8 — ADAM (@AdameMedia) July 30, 2025 Prime Minister Mark Carney says Canada will recognize a Palestinian state in September if the West Bank’s governing body agrees to make certain commitments. The prime minister said the Palestinian Authority must hold …
May’s jobs gain was revised down by 125,000, from 144,000 to 19,000. June’s jobs gain was revised down by 133,000, from 147,000 to 14,000. Together, that cuts 258,000 jobs from official data in two months. https://www.bls.gov/news.release/empsit.nr0.htm July added 73,000 jobs, below expectations. The unemployment rate rose to 4.2% from 4.1%. Markets now see a 95% …
Benjamin Cowen, Founder and CEO of Into the Cryptoverse, discusses Bitcoin dominance as the key to crypto portfolio success and why altcoins remain speculative assets that bleed against Bitcoin over macro time scales.
Wait…..do some people not know this is a bigger worse bubble than 2008? Really? https://t.co/n0BoMr4VK8 — Darth Powell (@VladTheInflator) June 2, 2025 BREAKING 🚨: U.S. Housing Market Home Sellers are now sitting on $700 Billion worth of inventory, the largest amount ever recorded 👀 pic.twitter.com/CSW9jrLjK0 — Barchart (@Barchart) June 2, 2025 We need a nice …
BREAKING: April PCE inflation, the Fed's preferred inflation measure, FALLS to 2.1%, below expectations of 2.2%. Core PCE inflation FALLS to 2.5%, in-line with expectations of 2.5%. PCE inflation is now at its lowest level since September 2024. All eyes are on the Fed. — The Kobeissi Letter (@KobeissiLetter) May 30, 2025 🇺🇸 Morning Economic …
GOOD NEWS EVERBODY –Let's keep it going down pic.twitter.com/U8eK91emsl — Paul Cooper (@XxWxX888) April 12, 2025
