A hub for independent voices and hard truths
Southern California home sales fell to their lowest level for an August on record as stubbornly elevated prices and mortgage rates – plus economic uncertainty – scared off house hunters. The six-county region had 14,476 sales in the month, according …
Iron Ore Hits Six-Month Highs Despite UBS Calling It "Least Discussed" With Investors https://t.co/Beue6dTikp — zerohedge (@zerohedge) September 10, 2025 Singapore iron ore futures have perked up over the past week, extending gains into a sixth straight session and approaching …
Housing is the foundation of the economy, and when it starts tipping downward, jobs, banks, and local economies feel it immediately. Hidden delinquencies in mortgages and corporate loans mean that a correction could hit like a hidden avalanche, catching lenders, …
“Outside of the pandemic, the last time jobs growth was this low over a 12-month period was during the recession caused by the global financial crisis.” https://t.co/ay4fu2fJdt — Amanda Goodall (@thejobchick) August 25, 2025 America’s jobs market is bracing for …
Las Vegas dropped 11.3 percent in June. This is not a seasonal blip. It’s a deep change. Room rates fell 6.6 percent to $163.64. Hotel occupancy dropped 6.5 percent. Convention attendance fell 10.7 percent. Harry Reid Airport traffic was down …
Starbucks is closing hundreds of stores while same-store sales continue their slide, signaling deeper issues beyond typical retail woes. The coffee giant’s struggles highlight a shift in consumer habits and increasing competition from local cafes and fast-casual chains. It’s not …
He calls Fed chair clueless on Trumpnomics. Peter Navarro laying the groundwork to blame Fed Chair Powell for a slumping economy: “He doesn’t understand Trumpnomics. He doesn’t understand the supply side aspects of tax cuts and deregulation. And he doesn’t …
Echoes of 2008 stir on Wall Street… Just as in 2000 & 2007, when weekly unemployment claims start nearing 300K you can kiss the bull market goodbye. Mark it down. 💯 Chart from @profplum99. pic.twitter.com/bJffcNyvN5 — John (@market_sleuth) June 19, …
Global trade outlook is deteriorating: The World Trade Organization expects world merchandise trade to fall -0.2% in 2025, down from +2.7% growth expected at the beginning of the year. This would follow the +2.9% growth recorded in 2024. North American …
Germany’s solar industry is in “a lot of distress” a new report from Financial Times highlighted last week. A slump in consumer demand has led to bankruptcies and layoffs in Europe’s largest rooftop solar market. Many installation and distribution companies …
No one can say how much #JPY carry has contributed to recent US equity market slump. However, for 25y strong changes in JPY funding market (swap spread) have always coincided with strong US equity market corrections (monthly <-15%). Conditions are …
New Zealanders are giving up spending at a rate that surpasses the downturn of the global financial crisis (GFC), and is close to passing that of the 1980s sharemarket crash, as well as the tough times of the 1970s. Data …
Wealthy second homeowners in Cape Cod are complaining after their high-priced rentals suddenly aren’t being booked following a pandemic boom. Modest homes along the shoreline are on offer for upward of $1,500-per-night, however some rental owners are admitting they will …
Foreign investment into China dropped for a 4th consecutive month in April. Inbound investements into China are as low as during the onset of the Covid crisis as the country struggle to attract foreign funds. pic.twitter.com/k8Zvr8NPW5 — Global Markets Investor …
Seems fishy, right? Mon 29 Apr 2024, #StocksToWatch: 📢 Upcoming earning alert! Big companies like #Apple, #Amazon, #Pfizer, and #CocaCola will release their latest quarterly results this week. 🚀Keep an eye out for market-moving updates.#EarningsReports #MarketMovers https://t.co/x2jKq24MzN pic.twitter.com/qumy0iw0X5 — FXKILLA …
Another damming poll for Biden: With 8 mths left until Nov election, Joe Biden’s 43% support lags behind Donald Trump’s 48% in the national survey of registered voters. The share of voters who strongly disapprove of President Biden’s handling of …
The timing couldn’t be worse for Donald Trump as he faces the prospect of having to sell property to cover a massive verdict against him. The former president said in a court filing Wednesday he may soon need “to raise …
Chinese property giant Country Garden is in trouble after a creditor filed a petition to liquidate the real estate company over unpaid debt. Country Garden Holdings Co. faces a liquidation threat over unpaid debts, it was reported on Wednesday. The …
Sky News: Mr Bean actor Rowan Atkinson blamed for slow electric car sales. Rowan Atkinson has been blamed for “damaging” the reputation of electric vehicles (EVs) and contributing to slow sales. The Mr Bean actor was name-checked in the House …
Chinese banks accelerate bad loan sales amid rising consumer defaults in the post-COVID economic recovery. Record issuance of non-performing loan-backed securities, up 40%. Real estate meltdown hits middle-class wealth, with 30% pay cuts, stock and property losses. Households reassess money …
by TonyLiberty China’s population decline and Real Estate slump could lead to economic collapse per Geopolitical analyst Peter Zeihan. He believes that China’s collapse is imminent, with only 10 years remaining before potential disaster. He estimates that China’s actual population …
The Bear Market never ended. The end of this bear market rally is rapidly approaching……. https://t.co/kf0JCvL7XA — Win Smart, CFA (@WinfieldSmart) October 5, 2023 G, we already there… Long-duration US TSY bonds have now lost more in % terms than …
This is fine: https://twitter.com/multi_finance/status/1683202109150494723 h/t Simian_Stacker
