Warren Buffett Indicator reaches 199%, highest ever; Einhorn calls it the most expensive since 1996.

Warren Buffett Indicator hits 199%, the highest level in history, surpassing the Dot Com Bubble and the Global Financial Crisis 🚨 pic.twitter.com/w5qRdLZwPb — Barchart (@Barchart) October 16, 2024 Einhorn says it’s the most expensive stock market since at least 1996 David Einhorn, the hedge-fund star who co-founded Greenlight Capital, isn’t …

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The Empire Strikes Out! Empire Manufacturing Index Crashed From +11.5 to -11.9, Lowest Since May (Yield Curve Remains Downward/Upward Sloping)

by confoundedinterest17 Perhaps Harris/Walz should adopt the Imperial March from Star Wars as their theme song. Between Biden/Harris uncontrolled immigration disaster helping to destroy New York City, Harris’ statement that she won’t do anything differntly from Biden/Harris is alarming. The NY Empire survey crashed from +11.5 to -11.9 – the lowest since May. That …

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Tennessee sees biggest hotel tax revenue drop since COVID, signaling Airbnb demand may be weakening.

Tennessee has recently experienced its largest drop in hotel tax revenue since the COVID-19 pandemic. This decline raises concerns for Airbnb and the short-term rental market, potentially signaling decreased demand. Economic factors, shifting travel trends, and competition from traditional hotels may be contributing to the reduced revenue, hinting at challenges …

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Hong Kong’s Hang Seng index crashes to worst day since 2008

Crazy and volatile day in Chinese stocks. Hong Kong indexes fell 9-13%. Mainland Chinese indexes rallied 5-17% after being shut for a week. Both Mainland China & Hong Kong saw record turnover. Full summary https://t.co/Gg1GTkmcZH pic.twitter.com/RWdRJ32MW1 — David Ingles (@DavidInglesTV) October 8, 2024 JUST IN 🚨: Hang Seng Index falls …

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The market surged 6,540% since 1967, but only 600% after adjusting for inflation; Confidence in fiat currencies wanes.

The market is up 6540% + since 1967 But ONLY 600% when adjusted for inflation You can’t make this up… pic.twitter.com/d5B3VLrbmL — Bravos Research (@bravosresearch) October 6, 2024 It’s no surprise that gold is having its best year in decades. Central banks are stockpiling at record levels since the 1970s. …

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The price of ground beef is up 45% since 2019

According to FRED, the price of ground beef has indeed risen significantly over the past few years. The data shows that the average price of ground beef in the U.S. has increased by approximately 45% from 2019 to 2024. https://fred.stlouisfed.org/series/APU0000703112   h/t HighYieldLarry

Rising consumer defaults reflect financial pressure, climbing fastest since 2007; 2008 levels imminent by 2025.

4/ The financial pressure on consumers is evident in the increasing number of defaults Consumer defaults is now climbing at the fastest pace since 2007 While still below 2007 peaks, if current trends persist, we could hit 2008 levels H1 2025 pic.twitter.com/K1j77j1n8L — Bravos Research (@bravosresearch) September 24, 2024 ShopperTrak …

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Americans are depleting capital faster than producing, negative net savings since early 2023. Economy now relies entirely on foreign net savings

"Americans are consuming more capital than they produce. US national net savings by households, businesses and the government have been negative since 1Q23, for only the third time since 1947. The other two times were 2008-11 and 2020." Gavekal pic.twitter.com/jWUcaT66Md — Win Smart, CFA (@WinfieldSmart) September 18, 2024 BREAKING: Total …

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Biden & Trump government deficits highest since FDR

https://twitter.com/MichaelAArouet/status/1835570392057999604 U.S. debt skyrockets to $35.3 trillion, costing $3 billion daily just in interest. Interesting how nobody in DC wants to fix this? Why is that? Why hasn't Biden talked about this for 4 yrs? — floridanow1 (@floridanow1) September 16, 2024 This is another reason why I think the 10-year …

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PwC to lay off 2,000 U.S. employees, its first since the 2009 financial crisis.

The auditor of $NVDA – just saying… https://t.co/df6mWbwhIo — JustDario 🏊‍♂️ (@DarioCpx) September 12, 2024 #JustDarioDaily ⚠️ HOW LONG WILL THIS BUBBLE LAST? IT LOOKS LIKE TILL Q1-2025 ⚠️#stocks #markets #macro Article 👇🏻https://t.co/yAssFB2T3L — JustDario 🏊‍♂️ (@DarioCpx) September 12, 2024 At least he’s consistent. Look what happened when he bought …

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This Hasn’t Happened Since the 2020 Crash!

By Graham Summers, MBA Deflation and recession fears are on the rise. Economically sensitive commodities like copper and oil have erased all of their 2024 gains and are now declining rapidly. Defensive sectors like utilities are soaring… while growth-oriented sectors like Tech are struggling to move higher. And worst of …

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Shelter CPI increased 5.2%. That’s the 29th consecutive month above 5%, the longest period of elevated housing inflation since the early 1980s.

The Shelter Consumer Price Index (CPI) has indeed increased by 5.2%, marking the 29th consecutive month of housing inflation above 5%. This is the longest period of elevated housing inflation since the early 1980s. Rising shelter costs continue to be a significant factor in overall inflation, impacting affordability for many …

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Chinese Stocks fall to lowest prices since January 2019. 3-year yields close near record lows.

BREAKING 🚨: China Chinese Stocks fall to lowest prices since January 2019 pic.twitter.com/It0LO0kZkC — Barchart (@Barchart) September 12, 2024 China 3-Year Yields Close Near Record Lows pic.twitter.com/r7Pu9jg8lr — Sunchartist (@sunchartist) September 12, 2024 2/8The article goes on to note that "in 2018, at the height of VC investment, 51,302 start-ups …

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Gasoline at its lowest price since 2021. Disinflation has broadened. All commodities (obviously ex-Gold) pricing in a hard landing?

BREAKING 🚨: Gasoline Gasoline at its lowest price since 2021 ⛽️ pic.twitter.com/haxWbzL6WA — Barchart (@Barchart) September 9, 2024 Disinflation has broadened. via BofA Juneau pic.twitter.com/IB5f6kWZOU — Daily Chartbook (@dailychartbook) September 9, 2024 All commodities (obviously ex-Gold) pricing in a hard landing? Performance since 20th May which was the high for …

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Chicago office building sold for $11 million, reflecting a staggering 63% drop since 2022.

Chicago Office Building Trades for $82 per Square Foot; 63% Discount from 2022 Transaction Trade Details: – Allstate purchased the asset in 2022 for $29.7 million ($222 PSF). – At the time of purchase in 2022, office vacancy in Chicago was significantly increasing. – Reports… pic.twitter.com/4iKngCWMdm — Shashankh Aryal (@aryal1994) …

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