A hub for independent voices and hard truths
The numbers: Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That’s the highest level since last August. Economists polled by the Wall Street Journal had estimated that new claims …
Mexico's silver production is now declining double digits annually for the first time in almost a decade. Historical trends indicate that substantial contractions in new supply have presented excellent opportunities to invest in the metal. More importantly: Consider that… pic.twitter.com/TZGdLjcJJX …
The latest report from the Federal Reserve reveals a slowdown in U.S. consumer-credit growth for October. Consumer credit expanded at a 1.2% annual rate, a significant drop from the 3% rate observed in September. October saw a total consumer credit …
by Chris Black Recent IPSOS polling (https://www.euronews.com/business/2023/11/26/one-in-four-europeans-say-their-financial-condition-is-precarious) found several concerning trends among the populati… Continue reading by subscribing. Username Password Remember Me Forgot Password
by mrmrmrj As you can see from the chart, a rise in bond yields typically ends with a financial accident. The most recent example is the 2018 global selloff that was sparked by the US Federal Reserve raising interest rates …
With COVID-19 cases rising once again New South Wales, the state’s health authority is encouraging residents to return to habits from the height of the pandemic to limit the spread of the virus. NSW Health announced yesterday that cases have …
S&P 500 earnings revision breadth going deeply negative means that a substantial number of companies in the S&P 500 index are revising their earnings forecasts downward, signaling potential challenges and contributing to market concerns. Uh oh. S&P 500 earnings revision …
by theSilverVigilante Strong US dollar backing away from 107. Oil tanks from hitting $95 overnight. A weaker dollar and weaker oil coinciding with a completely flat precious metals movement and completely flat equity markets. This is the confusion before the …
https://twitter.com/zerohedge/status/1702146403475030390 https://twitter.com/WinfieldSmart/status/1702286302597554676 Citi Bank is planning mass layoffs to stem costs $C — Don Johnson (@DonMiami3) September 13, 2023 This is incredible: 1. China unexpectedly cut rates by their most since 2020 2. Europe unexpectedly raised rates to their highest …
Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might be starting to ease under pressure from higher interest rates. The firm reported Wednesday that private …
JUST IN – India's retail inflation rose sharply to 7.44% in July due to surging food costs. — Disclose.tv (@disclosetv) August 14, 2023 Retail inflation in July breached the upper-end of the Reserve Bank of India’s tolerance level for the …
by confoundedinterest17 The Federal Reserve is watching July’s jobs report carefully. According to the Bureau of Labor Statistics (BLS), the US economy added 187k jobs in July, less than the expected 200k. US average hourly earnings continued at 4.4% year-over-year (YoY). However, …
Without ZIRP, how are many large public companies going make those interest payments?https://t.co/pfCc29lVwD — Eventually Consistent Capital (@EventuallyCC) July 26, 2023 Everything is fine. 🔥🔥🔥Not a recession. Just one of the largest trucking companies in the USA filing for bankruptcy. …
Household’s networth is sharply contracting The last 2 times this happened, a recession followed pic.twitter.com/guI3dwPd8k — Bravos Research (@bravosresearch) July 21, 2023 🚨🚨🚨 Current home prices with current mortgage rates don’t make sense at the same time. One or the …
“Despite US economic activity sharply contracting, the market has been moving higher This is not the time to FOMO” Despite US economic activity sharply contracting, the market has been moving higher This is not the time to FOMO pic.twitter.com/LymLphScDd — …