Independent thinking for complex markets and current events
https://twitter.com/_/status/1685407650765299712 SPRINGFIELD, Ill. (KHQA) â A bill sent to Governor JB Pritzker’s desk would allow noncitizen immigrants to become law enforcers in Illinois. House Bill 3751 permits anyone who is not a U.S. citizen but is legally authorized to work in the country under federal law to apply to become a police officer or a …
Russian President Vladimir Putin signed a bill banning sex reassignment surgeries into law on Monday. The legislation, aimed at tighter regulation of what MPs described as the âtransgender industry,â bans legal sex changes and medical interventions associated with transitioning except due to serious medical grounds. Administration of drugs and surgeries associated with gender reassignment therapy will now only …
via notayesmanseconomics: We start the economic week with one of the wonders of the modern world, which is how China can produce its Gross Domestic Product or GDP numbers only 17 days after the end of the particular quarter. By contrast my own country the UK has switched to a slower production of quarterly numbers …
by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm All items less food and energy: Inflation and Housing: The overall index for items excluding food and energy increased by 0.2% in June. The cost of housing, represented by the shelter index, rose by 0.4% in June. Rent increased by 0.5%, and owners’ equivalent rent (for homeowners) increased by 0.4%. However, …
https://twitter.com/Travis_in_Flint/status/1678090553777348617 đŻ Utah Gov. Spencer Cox Calls Out the American Academy of Pediatrics & American Medical Association as âPoliticizedâ Groups âOn this issue [gender-affirming care] itâs impossible to get unbiased information out of the United Statesâ@GovCox pic.twitter.com/Y7WURiORA0 — Chief Nerd (@TheChiefNerd) July 9, 2023
The third OPEC+ oil cut. Oil ended down on the news. Sign of an extremely weak global economy. pic.twitter.com/Ic3kgQWpFf — Mac10 (@SuburbanDrone) July 3, 2023 Optimism around the Chinese consumer has faded following the re-opening A weakening Chinese economy is a major red flag for the global economy pic.twitter.com/8sDZ0BweP2 — Bravos Research (@bravosresearch) July 3, …
The economic conditions that defined the 1970s are making a comeback, and that’s bad enough… Photo by Annie Spratt From Peter Reagan at Birch Gold Group Recessionary times are bad enough on their own. But an inflationary economy that isnât growing, has a rising unemployment rate, and out-of-control spending can be even worse. In economic terms, thatâs known as stagflation. From our …
Centralizing Authority over Abortion-Related Prosecutions: Governor Hobbs is using her executive authority to direct Attorney General Kris Mayes to assume all duties over abortion-related prosecutions. Restrictions on Investigative Assistance: Governor Hobbs is using her authority to direct state agencies not to assist in any investigations relating to providing, assisting, seeking, or obtaining reproductive healthcare that …
Noises have been detected from the search area of the missing deep-sea vessel near the wreck site of the Titanic as those on board face a dwindling supply of oxygen, the US Coast Guard has confirmed. The submersible, named Titan, lost communication with tour operators on Sunday while about 435 miles south of St John’s, …
Early signs of cooling labor market. Might take time, but its happening.$TLT and $GLD back in action. Also closely look at the steepening of curve, that is the most important thing to watch now. pic.twitter.com/P52O05Lisu — The Macro Guy (@SagarSinghSetia) June 8, 2023 US jobless claims mysteriously surge upon "data" revision US jobs mysteriously revised …
by BoatSurfer600 Some of the countries in Europe whose economies have a high share of manufacturing are witnessing enormous contraction in cyclical activity. Higher interest rates are taking a toll on economic activity. Source: Sagar Singh LinkedIn With China's economy being pulled into the global recession and with no real way to escape from it, …
by Shaun Richards The economic story of 2023 was supposed to be one where the re-opening of China after Covid saw its economic growth surge again.Except as we have been noting increasingly the economic engine has been rather stuttering. Back on the 17th of this month we looked at some disappointing manufacturing and production figures for April and this morning there …