A hub for independent voices and hard truths
https://t.co/HalIfhU6gE — Win Smart, CFA (@WinfieldSmart) July 19, 2023 The median home price in the U.S. is up ~38% since 2020. The average interest rate on a 30-year mortgage is up from 2.7% to 7.1% in ~2.5 years. The average …
2/ Tech is currently the most expensive it has been since the Financial Crisis, at 1.4x the S&P 500 The only time it was more expensive was during the Dot Com bubble pic.twitter.com/RQilbntVFZ — Bravos Research (@bravosresearch) July 18, 2023 …
USD has just closed its lowest weekly candle since April 2022 With the break of key support and a bearish MACD cross, downward momentum looks dominant pic.twitter.com/Y7OhawkHjX — Bravos Research (@bravosresearch) July 18, 2023 2-year Treasury yield and USD have …
by confoundedinterest17 So far, President Biden has drained almost 50% of the Strategic Petroleum Reserve (SPR) under his Reign of Error. And regular gasoline prices are up 48% since Biden assumed the Presidency on Jan 20, 2021. We have massive caverns …
In the same year the US is on track for ~$1 trillion in interest expense, tax receipts hit a 3Y low. Meanwhile, spending is rising at one of the fastest paces in history. In 10 years, the US will have …
https://twitter.com/FinanceLancelot/status/1679903651026829346 “In June of this year, many major Texas counties have either reached or surpassed pre-pandemic levels in terms of posting counts and completed foreclosures” The confluence of extremely bullish conditions we saw for housing in 2020-2021? Never happening again …
Claim: Fingerprints Found on WH Cocaine Baggie ’We know who handled it… Since Last Week’ Contradicts Secret Service white house drugs Officials at the White House know who brought cocaine into the White House and have confirmed that finding via …
by confoundedinterest17 There goes the economy! As The Federal Reserve is poised to continue it inflation-fighting crusade, the US economy is rapdily approaching DEFLATION. US Producer Price Index FINAL DEMAND fell to 0.1% YoY in June. Bidenomics, the combination of …
Warning: The probability of a recession is at its highest level since the early 1980s pic.twitter.com/1XmuWtjmdW — Bravos Research (@bravosresearch) July 12, 2023 Business inventories are a leading indicator of inflation A continued decline in inventories indicates lower inflation However, …
by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, & thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …
Everyone should enjoy the relatively quiet 🤫 🗓️ period as the @federalreserve lag #interesteate hike effects take hold — while at the same time also respecting the fact that there is a lag, as we’ve likely (yet) to see the …
by confoundedinterest17 I am anxiously waiting for the US inflation report tomorrow, so I am just looking at the US Treasury yield curve, mortgage rates and cryptos today. The US Treasury 10Y-2Y yield curve stumbled (just like Biden and Bidenomics) …
As we approach the beginning of Q2 bank earnings, analysts are bracing themselves for what is anticipated to be the most significant decline in earnings since the onset of the pandemic, with a staggering -7% expected. This pattern seems eerily …
Cost of college tuition has risen 710% since 1983 (1200% if you go back to 1980). CPI Inflation meanwhile? 194% 🤨 pic.twitter.com/DD1ftPrkB2 — Wall Street Mav (@WallStreetMav) July 10, 2023
by confoundedinterest17 Bidenomics relied of massive Federal spending thanks to Covid and massive monetary expansion. This led to the highest inflation in 40 years (Bidenflation). But now The Fed is slowing M2 Money growth into negative territory and hiking their …
by confoundedinterest17 The US has passed the 32 trillion mark in national debt, and is going much, much higher. More like 32 tons on the back of taxpayers. When we add unfunded liabilities like Social Security, Medicare and Medicaid, the tab soars …
by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial …
Large Banks Experience Record $921B Deposit Drain in 40 Years, Outpacing Small Banks’ Decline Data from the Federal Reserve reveals that large banks in the U.S. are experiencing the fastest decline in deposits in four decades. Since April 2022, deposits …
via Bloomberg: Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households bearing the brunt of the financial pain. The richest 20% of households controlled 67.8% of net worth in the country …
by confoundedinterest17 Its the 4th of July, American Independence Day from England, but under Biden and The Federal Reserve, Americans are DEPENDENT on debt and Federal spending. In other words, Americans are addicted to gov. First, Bankrate’s 30-year mortgage rate index …
by BoatSurfer600 The U.S. national debt spiked by $851 billion since the debt ceiling was suspended a month ago on June 3, and now hit $32.32 trillion. This is just an amazing freak show. Source: wolfstreet Stocks would do well …
“Personal savings have plummeted following C19 It’s now at the lowest levels since 2013 WIth credit card debt and interest rates at their highest levels, consumers now face major headwinds” Personal savings have plummeted following C19 It’s now at the …
Source: wolf street shit. the risk premium keeps widening up. mean revision will eventually occur — VISK (@KevinDu923534) June 29, 2023 h/t BoatSurfer600
via NYPOST: Sales of Bud Light suffered their steepest weekly drop yet since the beer brand launched its disastrous tie-up with transgender social media influencer Dylan Mulvaney, according to the latest data. In the week ending June 17, sales of …
“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability …
🇷🇺RUSSIA COUP: What Happened | Who WON | What’s Next The past day has been wild and confusing. We covered the events from start to end LIVE in our 24-hour Twitter Space. Here's everything that has happened since the 'coup' …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html TLDRS: Since March 2022, U.S. monetary policy has become tighter. More businesses are financially distressed now than in previous instances of tightening since the ’70s. Studies suggest that these conditions could lead to significant declines in investment …
by BoatSurfer600 The Bank of Japan has been the total outlier in its reaction to the surge of inflation: It’s still practicing QE under the guise of yield curve control, which keeps the 10-year yield below 0.5%; and it’s still …
by BoatSurfer600 As rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses. If the credit to the economy dries up more than anticipated, then the slowdown might accelerate. A credit-starved …
