August private payrolls rise by just 99,000, missing expectations and marking the smallest gain since 2021. Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows September 5, 2024 8:22 am
Oil prices have dropped 4.57%, erasing all 2024 gains. WTI Crude is now trading around $70 for the first time since Dec 2023. September 4, 2024 11:08 am
Chicago office building sold for $11 million, reflecting a staggering 63% drop since 2022. September 2, 2024 2:00 pm
Trillions of dollars of money printing since Covid has created the illusion of a growing economy… in fact, the US economy is in the midst of a depression. Marc Faber warns markets could deflate 50%. August 29, 2024 9:42 pm
“Gold has outperformed Treasury bonds by 100% since March 2020, amid rising government spending. August 29, 2024 1:50 pm
Canada’s youth unemployment rate spikes to 14.2% in July 2024, highest since 2012 excluding pandemic years. August 27, 2024 10:33 pm
Kate Middleton is seen at Crathie Kirk for the first time since revealing her cancer diagnosis as she joins Prince William and other Royal Family August 26, 2024 10:05 am
U.S. Dollar Index $DXY on track for lowest close since July 2023. People think they’re getting richer as the market goes up but in real terms not really. August 23, 2024 3:53 pm
FOMC Minutes: “The staff provided an update on its assessment of the stability of the U.S. financial system and, on balance, continued to characterize the system’s financial vulnerabilities as notable.” “Hedge fund leverage reached its highest level since 2013.” Ruh-roh… August 22, 2024 4:11 pm
Equities saw largest fragility shock on record… Hedge Funds are net bearish on commodities for the first time since 2016. Incredible timing. August 21, 2024 11:14 am
That’s Biden/Harrisnomics! Leading Economic Indicators Down For 29th Straight Month (Outside Of Great Financial Crisis, The Worst Decline In LEI Since Mid ’70s!!!) August 21, 2024 10:18 am
Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis August 20, 2024 9:15 pm
Daily $VIX options hit the highest level since 2018. When serious trouble hits, $VIX will fly. August 20, 2024 1:21 pm
SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high. August 19, 2024 8:04 pm
First time since the 1970s Fed hasn’t cut rates amid rising unemployment. Economic data may be manipulated like in Weimar Germany; real impact felt later. August 18, 2024 10:27 am
Lumber prices plunge, signaling sharp slowdown in US housing and economic conditions… Housing Permits plunge 4.0% to 1.396, lowest since June 2020 August 16, 2024 10:09 am
Inflation falls to 2.9%, lower than expectations. Consumer price growth has slowed to its lowest levels in the post-pandemic period. The first interest rate cuts since 2020 should come in September. August 14, 2024 12:08 pmAugust 14, 2024 11:36 am
Big Short Redux CMBS Style, Top AAA-rated CMBS Experienced $40 Million Loss In May (First Time Since 2008 Financial Crisis) August 13, 2024 7:23 pm
It’s Been Three Weeks Since Kamala Emhoff Was Declared The Candidate – She Has Not Done A SINGLE Media Interview. August 12, 2024 9:01 pm
Government Agencies “Maliciously Target” South Dakota Family Ranchers…. LARGEST LAND GRAB SINCE 1800’s August 12, 2024 7:30 pm
Sinkclose” flaw in AMD processors since 2006 allows persistent malware, evading detection even after OS reinstall. August 10, 2024 11:04 pm
S&P liquidity index sees worst two-week drop since 1996. Surprising given conditions aren’t as dire as during GFC or COVID. August 10, 2024 10:36 pm
Markets pricing in the most cuts since 2008…. BOJ rate hike + Fed rate cut = a major risk-off event! August 10, 2024 8:43 am
41% of Russell 2000 companies report negative earnings, doubling since 2006, comparable to 2008 crisis levels. August 8, 2024 10:40 pm