A hub for independent voices and hard truths
I always find this chart staggering to look at. We've never seen the Federal Reserve slow the economy this violently before. Rates went from 0% to 5.33% within 18 months. That's unheard of. https://t.co/KoQ4CsPV0H pic.twitter.com/2vldAWuGei — Financelot (@FinanceLancelot) December 23, 2023 Don't believe that data. If inflation is 10% but …
by polloponzi Here is a round-up of the doom and gloom headlines that have occurred in one of the worst downturns in freight market history. 30,000 employees out of work when trucking firm Yellow shuttered 2/ pic.twitter.com/NdBSIIfIxE — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) November 4, 2023 Nearly $500M in debt catches …
US economy is nearing a sharp economic downturn Current yield curve steepening is one of the sharpest on record since 1990 Such a move has typically occurred right before or during a recession pic.twitter.com/RPs5ht81jA — Bravos Research (@bravosresearch) November 2, 2023 We are again in the everything rally mode! Gold, …
Israeli hacker group Red Evils claims responsibility for cyber attack in Tehran; group warns via Telegram: Next attack will be much worse & unusual (No idea who they are or if it's real. We'll find out soon) https://t.co/TUX2buv9EP — Israel Radar (@IsraelRadar_com) October 18, 2023 🚨 Power blackout in Iran …
‘Current Northern Ireland Related Terrorism in Northern Ireland threat level The threat to Northern Ireland from Northern Ireland-related terrorism is SEVERE. The threat to the UK (England, Wales, Scotland and Northern Ireland) from terrorism is SUBSTANTIAL.’ https://www.mi5.gov.uk/threat-levels https://twitter.com/_/status/1712709396789100874 h/t A Deplorable Neanderthal
What’s behind the Washington, DC murder spike? The capital of the United States of America is threatening to reclaim its reputation as the nation’s murder capital, as well. According to preliminary data for 2023 from Washington, DC’s Metropolitan Police Department, a total of 214 homicides had been committed in the …
German Real Estate companies hit highest number of insolvencies in 7 years pic.twitter.com/X3lY2JaMTm — Barchart (@Barchart) October 5, 2023 https://twitter.com/theGangesPost/status/1709820529035911621 Good Morning from #Germany, where the construction sector is really crashing. The German PMI Construction Index fell to 39.3 in Sep from 41.5 in Aug, and the lowest level since …
by Michael It turns out that we really do need the police after all. Do you remember a few years ago when blue cities all over the nation wanted to defund the police? Needless to say, that didn’t work out too well. Wherever police budgets were slashed, crime rates shot …
China’s property crisis is seen as one of the biggest stumbling blocks to a sustainable economic recovery, with rising risks of default among private developers threatening to imperil the country’s financial and economic stability. Moody’s on Thursday cut China’s property sector outlook to negative from stable, citing economic growth challenges, …
He definitely deserved that https://www.youtube.com/watch?v=z1NG8_dJg3M
Severe delinquency for auto loans is highest since at least 2006. Yet, the jobs market is strong. So basically, no one has any idea what's going on. [via Wall Street Journal] pic.twitter.com/i0SvkjCrvB — Car Dealership Guy (@GuyDealership) August 21, 2023
There is a serious security flaw in billions of Intel CPUs that can let attackers steal confidential data like passwords and encryption keys. Firmware updates can fix it, but at a potential significant performance loss. Well this is bad. “Downfall” is the name Daniel Moghimi, a security expert at Google, …
by mark000 The September/October window has high potential for the horror show to begin IMO. The global markets, financial system and economy will experience simultaneous heart attacks, leading to (or because of) super negative geopolitical developments. US Treasury Market Hits All-Time High of $25 Trillion in July This is a …
SPC hoisting a day4 and day5 outlook for SEVERE as cold front marches across the northern tier late weekend/early next week. pic.twitter.com/Hzbnjg0uTs — Jim Cantore (@JimCantore) August 3, 2023 Day 4-8 Convective Outlook NWS Storm Prediction Center Norman OK 0328 AM CDT Thu Aug 03 2023 Valid 061200Z – 111200Z …
Otavio (Tavi) Costa: “Corporate bonds now yield only 0.12% above the Fed Funds rate. The lowest level since 2007, preceding the Global Financial Crisis. Every time credit spreads were at historically suppressed levels, a hard-landing scenario followed. Perhaps this time is indeed different, but I would rather base my perspective …
But even Services report points to severe contraction in economic activity: – Employment 53.3 (last 54.0)– Export orders 45.3 (48.6)– Price Pressure 60.4 (60.5) pic.twitter.com/zkpiC4vTQM — Mario Cavaggioni (@CavaggioniMario) July 24, 2023 WOW! #Germany's Manufacturing #PMI plummeted to 38.8, which points to outright #recession.Services held above 50.So, is this time …
IMF worries inflation can't be stopped pic.twitter.com/TE6PwuvYFj — Peter St Onge, Ph.D. (@profstonge) July 6, 2023 Dallas Fed President Lorie Logan gets right to the point in her speech: “I remain very concerned about whether inflation will return to target in a sustainable and timely way. And I think more-restrictive …
Tornado Alley Like I said last week, El Nino is kicking in and there could be large tornado outbreaks mid June. Yesterday, Dixie Alley got hammered. Today, heads up Oklahoma. Day 1 Convective Outlook NWS Storm Prediction Center Norman OK 0101 AM CDT Thu Jun 15 2023 https://www.spc.noaa.gov/products/outlook/day1otlk.html Valid 151200Z …
via NYPOST: The federal indictment lodged against former president Donald Trump includes seven charges that carry a maximum 75-year prison sentence if convicted on all counts. The charges against Trump include: willfully retaining the national defense documents, conspiring to obstruct justice, withholding the documents, corruptly concealing the records, concealing a …
via naturalnews: Chinese Minister of Defense Li Shangfu has warned that a “severe conflict” between China and the United States would be an “unbearable disaster” that the world might not be able to recover from. Li gave this warning during the IISS Shangri-La Dialogue, an international defense summit held every year in …
"Coming Back To Earth": UK House Prices Book First Annual Drop Since 2012 https://t.co/IFHbSaM10x — zerohedge (@zerohedge) June 8, 2023 UK house prices recorded their first annual contraction in May, attributed to affordability crisis. Lender Halifax published a new report showing UK house prices recorded their first annual contraction in May in …