A hub for independent voices and hard truths
Shiller PE Ratio hits 2nd highest level of all-time, only slightly behind the Dot Com Bubble 🚨🚨🚨 pic.twitter.com/Se55FZmnbZ— Barchart (@Barchart) May 1, 2026 Classic capex binge That white combined line getting absolutely devoured by the shark while the red S&P …
🇮🇷🇺🇸 "This was a BETRAYAL OF DIPLOMACY. We were attacked 2 times within a span of 9 months when we were in the middle of a negotiating process to resolve the nuclear issue." —Iran's Foreign Ministry Spokesperson, Baghaei "So no …
Inflation is a silent tax—and the most painful way to finance government promises. Your representatives may finally grab the feared “third rail” of U.S. politics. When the Social Security and Medicare trust funds run out in the early 2030s, the …
Jerome Powell on the housing market: – “The housing market faces some really significant challenges and I don’t know that a 25-basis point decline in the Federal Funds Rate is going to make much of a difference for people.” – …
April to June 2008: There was a brief dip in expectations as some believed the worst might have passed and markets slightly stabilized. — Citizen Watch Report (@Citizenwatchrep) May 13, 2025 Once again, the #recession never came. Economists and markets …
84% of newly built and sold homes as of 2022 were all part of an HOA or Homeowners Association. This is a worrying trend because a lot of homebuyers don’t want to be a part of an HOA and many …
by Mike Shedlock The McKelvey-PMES recession indicator dipped a bit in September but the signal still implies recession. 100 percent of the time, with no false positives or negatives, under current conditions, the economy has been in recession. The odds …
U.S. crude oil futures were slightly lower Sunday as traders breathed a sigh of relief after Israel fended off a large-scale air assault by Iran and the U.S. emphasized it wants to avoid a wider war in the Middle East. …
With many of former President Trump’s tax cuts due to expire next year, taxpayers may be wondering if there’s anything they should be doing now to prepare. Trump’s 2017 Tax Cuts and Jobs Act (TCJA) increased the standard deduction, lowered …
by confoundedinterest17 We are closing out the first week of the New Year and 30-year conforming mortgage rates are up slighlty. Mortgage rate GROWTH is now at 8% year-over-year (YoY). While M2 Money growth has died and is down -3% …
Largest X2.8 Just shot a M7 BOOM https://www.swpc.noaa.gov/products/goes-x-ray-flux Add to it an earth-facing coronal hole This is likely one of the largest solar radio events ever recorded. Radio communication interference with aircraft were reported by multiple NWS Center Weather Service …
by confoundedinterest17 President Biden reminds me of Cousin Eddie, the dimwitted cousin of Clark Griswold’s wife in the Vacation movies. Except that Cousin Eddie is a nice dimwit while Biden is a nasty dimwit. And politcal stooge. Given that turkey …
by Writemeaticket Red Economy is in the shitter and FUBAR. Been working since 8 years old (paper route, mowing lawns), had a job in HS. Worked to put myself through college. Aside from layoffs, I’ve always worked, saved money, 401k, …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity …