A hub for independent voices and hard truths
Bitcoin is up 450% since Cramer said "Bitcoin is phony and a scam." It is down 6% since Cramer said "Bitcoin is a winner." pic.twitter.com/n7nr6l9s5b — zerohedge (@zerohedge) November 26, 2024 🚨Breaking🚨 El Salvador President Nayib Bukele has banned Jim Cramer from entering the country pic.twitter.com/qMStF11n7d — Alan Carroll (@alancarroII) …
Since the day Goldman upgraded China to BUY:$BABA down -28%Hang Seng index down -18%“BUY EVERYTHING!” Tepper in hiding Great job. Truly. Chef’s kiss. 👏 👏 👏 pic.twitter.com/hE8l1vMfHg — Wasteland Capital (@ecommerceshares) November 26, 2024 BREAKING 🚨: China Chinese ETFs on track for largest monthly outflow in history pic.twitter.com/zobT1JFGNi — Barchart …
by confoundedinterest17 The last gasp of the Biden/Harris reign of (economic) error! After existing home sales unexpectedly ticked up in October, analysts expected new home sales to slow after their recent resurgence (-1.8% MoM). They were right… BUT… the magnitude is mind-boggling! New Home Sales collapsed 17.3% MoM in October. …
Important to understand this and that over 50% of $NVDA AR are just 4 customers. Including $SMCI who are under investigation for accounting fraud.https://t.co/AGWJtErqxv pic.twitter.com/iZih6sHZ3G — Mojo (@Mojo_flyin) November 24, 2024 Growth has peaked. Now we find out what the true validation is. — Financelot (@FinanceLancelot) November 24, 2024
by confoundedinterest17 Meet the new boss, same as the old boss. We did get fooled again! The problem with the national debt can’t be fixed with Mitch McConnell still in the Senate and too many Obama-era political hacks still in Washington DC. The Obama/Biden era began in 2009 and it …
The EU and the Euro are a failed project. Only a small number of European countries are competitive/innovative. 👇 pic.twitter.com/nT3P0ENAOe — Dutch 🇳🇱🧡 (@Mio_Mind) November 22, 2024
by confoundedinterest17 Its a slow down in the housing market. Existing Home Sales were expected to rebound modestly in October (+2.9% MoM) after dropping for 6 of the last 7 months to the lowest levels since 2010, and they did. Sales rose 3.4% MoM (a beat) but thanks to a downward …
by confoundedinterest17 Fortunately, the Biden/Harris administration is winding down. On the mortgage side, the mortgage market is already gone under Biden/Harris where mortgage purchase applications are down a whopping 60%. Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey …
Anyone who thinks this continues until the end of the year is smoking crack and/or your typical investment advisor. pic.twitter.com/QLqcgJr0tD — Mac10 (@SuburbanDrone) November 20, 2024 Flight to safety intensifies. https://t.co/VKUtt0tWsh pic.twitter.com/Yp57HNCMQg — The Great Martis (@great_martis) November 20, 2024 U.S. momentum peaks; billionaires and banks hoard cash. Bubble burst …
The delayed day of reckoning has arrived for millions of Americans who purchased vehicles during the pandemic auto boom. Many are now finding themselves trapped in a shitstorm of negative equity and burdened by costly monthly payments, all while low- and mid-tier consumers face mounting financial strain amid elevated inflation …
🚨🇺🇸WALMART STOCK SOARS 60%, BEST YEAR SINCE 1999 Walmart shares have surged 60% this year, far outpacing the S&P 500's 23% rise. The retailer's low prices and growing e-commerce and advertising revenues have given it a strong edge over rivals. Third-quarter results are… pic.twitter.com/vzKi5FgoV5 — Mario Nawfal (@MarioNawfal) November 18, …
⚠️VOLKSWAGEN PLANS TO CLOSE AT LEAST 3 GERMAN FACTORIES AND CUT THOUSANDS OF JOBS⚠️ The largest EU carmaker also plans to lay off TENS OF THOUSANDS of people out of its 300,000 workforce and slash pay by 10%. Brace for more rise in German unemployment👇https://t.co/6u5jTlo3xn — Global Markets Investor (@GlobalMktObserv) …
Breaking: October PPI +.2% as expected but hotter than recent trends +.3% ex food and energy. Hotter than expected Annualized 3.1%. Also hotter than expected 🔥 Jobless claims down to 217k. Hot as well Bond yields up. Futures pretty flat — QE Infinity (@StealthQE4) November 14, 2024
The S&P 500 risk premium shrank to near zero this week, the lowest level since 2002 pic.twitter.com/5nzx4fuOMX — unusual_whales (@unusual_whales) November 14, 2024 Last "week’s widening move in swap spreads appears to reflect a measure of de-regulatory optimism, particularly with regards to SLR relief for US Treasuries." – JPMorgan Ramaswamy …
The U.S. has added $104 billion in debt in just one day, bringing the total to $655 billion in a little over five weeks since September 26. This alarming pace suggests an annualized rate of nearly $6.8 trillion if the trend continues, showcasing an accelerating fiscal dominance that borders on …
BREAKING: Federal Reserve’s Reverse Repo fell by $50B to $155B for the first time since 2021. Normally when this money market fund liquidity leaves RRP it goes into U.S. Treasuries, driving yields down. Instead the U.S. 10 year yield rocketed to 4.365% this week. BREAKING: Federal Reserve's Reverse Repo fell …
https://x.com/TruNorthAdvice/status/1852330810516406334
The latest report from the Labor Department reveals a concerning trend in the U.S. labor market: job openings have dropped to 7.44 million as of September 2024, down from 7.86 million in August. This decline marks the lowest level of job openings since January 2021, signaling potential trouble ahead. This …
— Adam Hamilton 'Gold Stocks’ Secular Breakout' Gold stocks just achieved a major secular breakout to four-plus-year highs. A little more rallying will lift GDX to its best levels in nearly a dozen years.https://t.co/jqdO3DIjNV — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) October 26, 2024 BREAKING: Central banks now hold 12.1% …
“BIDEN POLICY: 823,000 ALIENS FLOWN INTO THE U.S. Biden-Mayorkas allegedly implemented a policy flying inadmissible aliens into the interior of the U.S., reportedly bringing in up to 45,000 per month from various countries. Since the policy’s launch, 823,000 individuals have been transported. For comparison, only 65,000 were relocated in the …
by confoundedinterest17 We are in the jungle. And its a bungle in the economic jungle. Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% MoM drop, but still left existing home sales down 3.5% …
Japan's 40-Year Government Bond Yield rises to highest level since 2008 🚨 pic.twitter.com/sYaX3jeQT2 — Win Smart, CFA (@WinfieldSmart) October 23, 2024 When intervention BOJ? The first big CB to lost control is the Bank of Japan pic.twitter.com/3N7zkMf9HW — The Macro Guy (@SagarSinghSetia) October 23, 2024 USDJPY climbs above 152 level …
Even though the CPI is not a true picture for grocery items. Most Americans have seen price of milk, cereals, vegetables, poultry and meat products double in last 4 years. Yet the wage increases depict a fairly accurate picture above. So isn’t it fair to increase minimum wage to match …
by confoundedinterest17 The US economy is crumbing down under Biden/Harris. No, the economy doesn’t hurt so good. The Citi Economic Surprise Index just rose to its highest level since April. The 10Y Treasury yield just rose to its highest level since August.
The extent to which demand for existing homes has collapsed and remains collapsed is astounding, but ultimately not surprising: Demand plunged in 2022 when mortgage rates soared, and plunged a lot further in 2023 as mortgage rates continued to rise to almost 8% by October 2023. But then as mortgage …
‘Toss up between he and Jim Cramer as to who is worse?’ Toss up between he and Jim Cramer as to who is worse?🤔 — Steve S (@breezerdude) October 15, 2024 Let that sink in. #Gold pic.twitter.com/hwmSXTiQWj — Matthias Geissbühler, CFA, CMT (@M_Geissbuehler) October 15, 2024
by confoundedinterest17 I would like to see Kamala Harris explain why mortgage purchase applications are down -60% under Biden/Harris Presidency. Other than a word salad answer. Or Cottage Cheese. Mortgage applications decreased 17.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for …
