Independent thinking for complex markets and current events
Auto repossession is on the rise again, and it’s becoming a real issue. Small dealerships are struggling, with many going bankrupt, and the situation could get worse in 2025. Repossessions are spiking, though detailed data is hard to come by, especially since the last available numbers are from December 2022. The Consumer Financial Protection Bureau …
🚨#BREAKING: A small plane makes a emergency landing and crashing into multiple cars on a busy interstate ⁰📌#Victoria | #Texas Emergency crews are on the scene in Victoria, Texas, after a small plane crashed into three vehicles at a busy intersection. Video footage shows… pic.twitter.com/wA1pR49yhb — R A W S A L E R T …
Was at the Apple Store yesterday to get some upgrades before the tariff war increases prices, this was literally the worst holiday sales the store has seen (per employee) Its so bad you can see the 0 demand for the Vision Pro, totally worth the 40X. 2 weeks before xmas lol pic.twitter.com/nhhdizGBQy — The Punisher …
Democrats won the final uncalled U.S. House race in California on Tuesday, ensuring Republicans will have a painfully miniscule majority next year. Why it matters: This could cause all kinds of problems for House Speaker Mike Johnson (R-La.) and President-elect Trump as they try to quickly pass a sweeping conservative policy agenda through Congress. Democrats …
Cattle lured in. My BS-indicator has moved into RED 😉 The amount of wise guys calling for Bull Market to continue for 12 months or SP500 to continue to 7000 or higher is spiking! Top is closing in! Not here yet – but soon😉 This is SO MUCH 2022 – just opposite end of the …
WARNING: Small business earnings are contracting sharply This is typically seen heading into economic downturns pic.twitter.com/pxrdn3cxzP — Bravos Research (@bravosresearch) November 20, 2024 Small business earnings are sharply contracting, a clear warning sign of an impending economic downturn. The NFIB Small Business Optimism Index has remained below its 50-year average of 98 for 34 consecutive …
Small community demands answers as mysterious brain disease leaves residents paralyzed The new leader of the Canadian province of New Brunswick, Premier Susan Holt, has reopened an investigation into the illness that causes dementia-like symptoms and partial paralysis. Since DailyMail.com last reported on the cases, there have been over a dozen more who – affecting …
In October 2024, small business uncertainty skyrocketed to an all-time high. The National Federation of Independent Business (NFIB) reported that its Uncertainty Index hit a staggering 110, the highest it has ever been. This jump in concern stemmed from the upcoming U.S. presidential election, with many small business owners fearing the potential economic shifts under …
https://twitter.com/MichaelAArouet/status/1855289253149782153 In 2015, the head of a German public-TV network blamed it on correspondents who intentionally seek out "saucer-eyed children" even though "80% of immigrants are powerfully-built young males traveling alone". https://t.co/6nfnwLH7ov — Andrew Hammel (@AndrewHammel1) November 9, 2024
by Michael When nearly half of all small businesses are struggling so much that they can’t even pay their rent, you have an enormous economic crisis on your hands. The last time that we witnessed anything like this was during the peak of the COVID pandemic, but here in 2024 we don’t have a major …
Job cuts accelerate in October with strikes, mass furloughs, layoffs, & small business closures at elevated levels. Over 109,000 cuts per our preliminary figure. Final figure available on Sunday, as always. #MacroEdge #DrivenbyData pic.twitter.com/9cPnR1qDr9 — MacroEdge (@MacroEdgeRes) October 31, 2024 *US BLS: OCT. TRANSPORT EQUIP. JOBS FALL 44K, REFLECTING STRIKE *US BLS:HURRICANES LIKELY AFFECTED OCT. …
https://twitter.com/LostMyDisguise/status/1850678328195182667
by confoundedinterest17 Communications breakdown! As Harris wordsalads her vision of the economy saying small businesses are the backbone of the US economy, but small businesses aren’t feeling it. Small business optimism remains below 100 at 91.5. Perhaps the themesong of Harris/Walz should be “economy breaker.” Or former San Francisco Mayor Willie Brown’s livin’, lovin’ maid.
US: Bank prime loans & NFIB short-term loan rates Soon to fall? 🤔 pic.twitter.com/SLE8afYmoM — Win Smart, CFA (@WinfieldSmart) October 9, 2024 “The most recent surveys by the NFIB show that business conditions are deteriorating quickly for smaller companies that create about 65% of the jobs in the US. I could show you a dozen …
https://x.com/theRealKiyosaki/status/1841268917177819364
Why should working people be fighting in the banker wars? Those that caused the conflict and stand to gain the most from it, should fight in them. We should be prepared to fight and die while self-proclaimed elites hide in their luxurious bunkers? h/t DarkSpaceCovenant
The United States' 33 million small businesses employ about 46% of all private sector employees, according to the Small Business Administration, and were responsible for 70% of net new jobs since 2019. — unusual_whales (@unusual_whales) September 11, 2024 37% of NFIB respondents reported deteriorating earnings, the largest share since March 2010, due to weaker sales …
by Mike Shedlock ADP data shows small businesses with 1-49 workers have been reducing workers for four months. Those with 20-49 workers have shed workers for 7 straight months. The ADP Employment Report shows the economy added 99,000 jobs in August. That is a considerable slowdown. Importantly, a breakdown of jobs by firm size shows small businesses …
🚨ATTENTION🚨 A small asteroid is expected to "impact" east of the Philippines in ~8.5 hours time, 16:36:46 UT (±1min). Object size is around 1.5 meters and should appear as bright as the Moon momentarily as it burns up in the atmosphere. Approx visibility circle posted below. 1/ pic.twitter.com/NOqcBZkYkZ — Tom Williams (@tw__astro) September 4, 2024 …
Vice President Kamala Harris is planning to unveil a new proposal to provide small businesses a $50,000 tax deduction for startup expenses. The policy would be a tenfold expansion of the current $5,000 startup tax deduction. Donald Trump has attacked Harris’ economic policy record and attempted to pitch himself as the candidate who would be …
https://fred.stlouisfed.org/series/DRCCLACBS Large banks are doing better, although delinquencies have risen quite bit recently. Still concerning for the 4400 other banks. Delinquency transition rates for credit cards, auto loans, and mortgages increased slightly in the second quater of 2024, per the Fed. Over the last year, approximately 9.1% of credit card balances and 8.0% of auto …
by Mike Shedlock ADP data shows year-over-year payroll growth is negative 88,000 for small corporations sized 20-49. Trends are negative in all but very large corporations. Data from ADP, chart by Mish I created some new charts today from a download of the ADP National Employment Report for July. Year-Over-Year Payroll Growth Key Points Trends are very …
As of now, there hasn’t been a record number of bankruptcies among companies with assets above $50 million. The Bloomberg Bankruptcy Index, which considers both the size and number of bankruptcies, remains relatively low. This suggests that while smaller companies, particularly in the mortgage and real estate sectors, may be struggling, larger financial institutions have …
Small caps have seen substantial downside earnings revisions this year. pic.twitter.com/yOyoCRjzHy — Piker Capital (@PikerCapital) July 18, 2024 Earlier this week, 72% of Small Cap Stocks were trading above their 200D moving average, the most in 3 years pic.twitter.com/6SLq3pFIJw — Barchart (@Barchart) July 19, 2024
"M&A activity across the US and Canada slowed in the second quarter of 2024 to the lowest level since the early days of the pandemic, owing to relatively high interest rates and financing challenges."@SPGlobal pic.twitter.com/Vd9ervi16o — Daily Chartbook (@dailychartbook) July 17, 2024 There are 33 MILLION small businesses in the US, 44% of GDP. They …
This is what capital rotation looks like Big Tech stocks are pulling back Small cap stocks are rising sharply pic.twitter.com/s50A71fn9W — Bravos Research (@bravosresearch) July 15, 2024 The big story, the second coming of Trump. This chart shows that odds of Trump winning the election have soared to 65% in the past few days. Up …
2YR/10YR Treasury spread steepening in response? Buckle up! — B_radRiffs (@B_radRiffs) July 9, 2024 WASHINGTON (AP) — U.S. job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite high interest rates and signs the economy is slowing. The Labor Department reported Tuesday that employers posted 8.1 …
Watch live coverage as President Biden speaks at a campaign event in Madison, Wis., marking the start of a crucial weekend for his re-election bid as he continues to face criticism and calls to withdraw from the race after his debate against former President Trump.
