Independent thinking for complex markets and current events
Something doesn’t add up here: Downward economic data revisions have become the new normal. So far, US industrial production data has been revised down in 9 out of the last 10 months. Meanwhile, Job openings have been revised downward in 15 out of the last 20 months. As for the labor market, monthly jobs reports …
In the realm of economic indicators, recent trends in the US retail sector are sending warning signals. Real retail sales have declined by 1.6% year over year, a concerning downturn that historically precedes a recession. Moreover, the stagnation in retail sales is mirrored by a surge in unsold new-build inventory, indicative of weakening consumer demand. …
It’s almost as though you can’t trust the media 🤔 https://t.co/NwN2PwkE4F — Elon Musk (@elonmusk) February 7, 2024 If Tucker Carlson interviewing Putin is all it takes for Russia to win the war, then journalism is completely screwed because it just exposes to the world how the media has been lying to the public about …