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The S&P 500 has gone 377 days without a 2.05% sell-off. That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC. This market lull comes as investors pile into megacap tech stocks, such as Nvidia, amid bets that artificial intelligence will …
E184: in conversation with @realDonaldTrump, live on @X (0:00) bestie intros: big house talk! (1:37) economy: regulation, taxes, tariffs, taming inflation, de-dollarization (12:02) federal debt: growth, spend control, where to cut, role of energy, nuclear (20:22) foreign… pic.twitter.com/Z7JF7FRQYU — The All-In Podcast (@theallinpod) June 20, 2024
2/ Over the last 50 trading sessions, investors have grown increasingly bullish on the market This optimism has reached levels of complacency similar to December 2021 Just months before the market began a 25% drop pic.twitter.com/HvhkblDRMP — Bravos Research (@bravosresearch) June 20, 2024 4/ When many investors are bullish, smart …
BEWARE: Housing defaults have just hit the highest levels since 2011 This is not looking good pic.twitter.com/lFqQMxpVNt — Bravos Research (@bravosresearch) June 19, 2024 Here's a comparison of home prices through 23 & 24 months since cycle peaks. 2006-08 vs 2022-24 on left. On the right is months 25 and …
President Biden is the frontrunner in a hypothetical matchup against former President Trump for the first time since October, as positive views of the economy inch up — hitting their highest level thus far in the Biden presidency, according to a new Fox News national survey. Since May, there was …
The rate of price increases for food has subsided in recent months, according to the latest government inflation data. However, shoppers still report feeling burdened by the prices they’re seeing in the grocery store aisles. To that point, within the past few years, 80% of Americans say they’ve felt a …
US labor market is only strong in the headlines: 1.5 million Americans lost their full-time job in just 6 months. Meanwhile, the BLS and Media Headlines: The US economy has been adding jobs for 40 straight months. Truly incredible.https://t.co/aBnhvZ4VI6 — Global Markets Investor (@GlobalMktObserv) June 18, 2024 Magic, pure magic …
Tech is the most overbought since August 2020. And then it dropped straight line -15% back to the 50 dma. pic.twitter.com/4GI2YPnfEr — Mac10 (@SuburbanDrone) June 18, 2024 In April, semis rolled over with the rest of the Nasdaq. This time, the Nasdaq has rolled over while semis have made new …
The 2024 Central Bank Gold Reserves (CBGR) survey conducted by the World Gold Council reveals that 29% of central bank respondents plan to increase their gold reserves in the next twelve months. This is the highest level observed since the survey began in 2018. The motivations behind these planned purchases include a desire to rebalance gold holdings, domestic gold production, and …
For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s. byu/Perfect_Alarm_2141 ineconomicCollapse The Consumer Price Index (CPI) has been on the rise. As of April 2024, the CPI in the United States has been consistently above …
Kate Middleton made a spirited appearance at the annual Trooping the Colour parade in London Saturday — marking the first time she’s graced the public spotlight since revealing her cancer battle in March. The 42-year-old Princess of Wales attended the splashy military ceremony in honor of King Charles’ birthday after …
Its almost like government spending is directly tied to inflation. The inflation rate in Argentina has fallen for its 5th straight month: 25.5% when Milei took over. 4.2% now. pic.twitter.com/6UF52UnbYe — End Wokeness (@EndWokeness) June 14, 2024 They actually came up with the idea that lowering inflation is bad because …
Between prices rising faster than earnings and now higher interest rates drastically pushing up borrowing costs, the typical American family has gotten crushed financially – it's the equivalent of knocking about $7,800 off their annual income, compared to Jan '21: pic.twitter.com/VoUU3aRyqr — E.J. Antoni, Ph.D. (@RealEJAntoni) June 12, 2024 Inflation …
via Mike Shedlock Continued claims also show rising economic weakness. Some say it’s just California. Let’s investigate. More signs of economic weakness are showing up in the allegedly strong jobs market. In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of …
US Supercore inflation increased 5.0% year-over-year in May, its highest level since April 2023. Supercore inflation is a key metric the Fed follows which includes core services inflation less shelter. Over the last 8 months, it has seen a significant increase from ~3.8% in October. This is despite core CPI …
WARNING: Trucking employment has been collapsing This is a precursor to recessions since 1991 pic.twitter.com/QwxGaAGIZO — Bravos Research (@bravosresearch) June 13, 2024 US ECONOMY: UNEMPLOYMENT 📈 📈 Initial claims up nearly 20% since January to 242,000! 📈Continued claims up 6.4%, reaching 1.82 million. Economic pressures persist, underlining the need for …
Lol, of course they revised the PPI numbers to be worse for the last four months in a row. Of course they did. The headline is all that they need today to make the markets go green. They’ll tell you the truth two months from now. — Uncle Milty’s Ghost …
High Volume of Recent Sales: Since 2000, a large proportion of residential property sales in China have taken place in recent years: 56% of all sales occurred after 2015. 38% of all sales occurred after 2018. Falling Property Prices: Second-hand property prices have fallen back to their 2018 levels. Potential …
Chicago Public Schools (CPS) has indeed seen a significant increase in spending since 2012. The FY2023 proposed budget for CPS totals $9.4 billion, with $8.0 billion allocated for the operating budget, covering day-to-day expenses. This budget includes investments in core instructional priorities, staffing levels at an all-time high, and funding from the Elementary and Secondary School Emergency …
by confoundedinterest17 Under Bidenomics and Fed monetary “policies”, we now have the wreck of the US middle class. To begin with, America’s paychecks are bigger than 40 years ago, but purchasing power of those larger paychecks is about the sames as it was 40 years ago. Great job Washington DC!!! … …
The impact of the pandemic on downtown areas has been significant. According to data collected by the University of Toronto School of Cities, as of the fall of 2022, many major population centers in the U.S. and Canada still recorded much less activity than before the pandemic. Let’s break it …
Semiconductor Stocks are now outperforming the S&P 500 by the largest margin since 1998 👀 pic.twitter.com/tGPNg65kjp — Barchart (@Barchart) June 11, 2024 US equity momentum … reached near 100yr records in early 2024." BofA pic.twitter.com/Or9N0PVZeB — Win Smart, CFA (@WinfieldSmart) June 10, 2024
More armed conflicts took place worldwide in 2023 than any other year since the end of the Second World War, according to a Norwegian study published Monday. Last year saw 59 conflicts of which 28 were in Africa, the the Peace Research Institute of Oslo (PRIO) showed. But the number …
The Federal Funds Rate, which is the interest rate at which depository institutions lend balances to each other overnight, has indeed reached its highest level since 2007. As of May 2024, the rate was reported at 5.33%, which is a significant increase from the historic low of 0.08% in 2022. Retail spending in freefall …
Canada and EU has already cut rates this year The global economy awaits the most coordinated easing since the Great Financial Crisis. 10 out of 11 major central banks are expected to cut rates in the second half of 2024, the most banks in 16 years.👇https://t.co/4SILXocj5M — Global Markets Investor …
The NAAIM Exposure Index dropped to 92.2 from 68.6, the sharpest decline since January. pic.twitter.com/VJCtYT1HDC — Daily Chartbook (@dailychartbook) June 7, 2024 The NAAIM Exposure Index is a tool used to gauge the sentiment of active investment managers in the stock market towards US equities. Here’s a breakdown: Source: The …
Stunning statistic: there has been ZERO INCREASE in jobs for native-born workers in over five years, since July 2018! pic.twitter.com/mxdpmPHIbO — zerohedge (@zerohedge) January 5, 2024 Wall Street Admits the Biggest Economic Shocker: All Jobs in the Past Year Have Gone to Illegal Aliens For much of the past year …
Credit card delinquencies have surpassed pre-pandemic levels and continue to rise. Severe credit card delinquencies, those 90 days overdue, have now climbed to 10.7% — the highest since 2012, per CNN. — unusual_whales (@unusual_whales) June 6, 2024 Credit card delinquencies have surged beyond pre-pandemic levels. According to the Federal Reserve …
The over-7% mortgage rates seem to have become a fixture in the housing market. The average conforming 30-year fixed mortgage rate edged up to 7.07% in the latest week, and has now been above 7% since early April, according to the Mortgage Bankers Association today. During Rate-Cut-Mania, the average mortgage …
Home prices are dropping thanks to high mortgage rates weighing on demand. The 30-year fixed mortgage rate edged up last week, hovering above 7%. Real estate experts expect affordability to slowly improve as inventory rises and borrowing costs ease. Home prices are falling at the fastest pace in over a …