Independent thinking for complex markets and current events
by DesmondMilesDan BIS today came out with a new narrative. It’s the EMs that will suffer most from debt rollover. And then Bofa came up with a research piece that shows SPX500 debt maturing in manageable term but no Russell. Meaning if rate cuts do happen russell and EMs will benefit the most atleast in …
NYC want to tax you on roads you paid for. via MarketWatch: NEW YORK — Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials Thursday. The congestion pricing plan, which neighboring New Jersey has filed a lawsuit over, will be the first such program in the United States …
https://twitter.com/_/status/1729166833520177256 Why is @Deadspin @carronJphillips trying to ruin this little kid’s life? They’re accusing him of blackface but conveniently left out his full face which was painted for the game https://t.co/kFfgAL4aDH pic.twitter.com/750u5sfETE — Libs of TikTok (@libsoftiktok) November 28, 2023 Turns out not only is @carronJphillips trying to destroy a little kid’s life with false …
by Fugazi World My wife and I own a small mom and pop candy and gift store in Northeast PA and although it wasn’t a complete bust, it was nothing like last year. The economy is toast folks, as most of you know. Main Stream Propaganda is propping up Creep Joe and the Dims but …
The Thanksgiving weekend is one of the busiest shopping weekends of the year. As big box retailers get ready for Black Friday and Cyber Monday, many are reminding shoppers not to forget Small Business Saturday as a way to support smaller shops. The Thanksgiving weekend is one of the busiest shopping weekends of the year, …
by j_stars The IWM ETF tracks the Russell 2000 Index, which is a market-cap weighted index of small-cap stocks. The fund has a expense ratio of 0.20%. Small business owners are struggling, despite claims of a thriving economy. Janet Yellen is (apparently) still on Mushrooms.
These entrepreneurs, spanning various sectors, face challenges such as limited credit access, rising debt, reduced consumer spending, and escalating labor costs. One poignant example is a retail store owner, who, after a decade in the community, had to return to a corporate job to keep the business afloat. “The Economy is doing well” Let’s talk …
-DXY breaking out towards 107 -10 yield is nibbling at 5% -Futures red and accelerating lower as I type this. -Cypto suflee is crushing down. Dollar Index DXY pic.twitter.com/SdGxqSuhcX — The_Chartist 📈 (@_chartitude) October 26, 2023 Despite the ongoing debates, the current economic cycle has unfolded much more like the 1970s period than the World …
Small Businesses are now paying 10% on short-term loans, the highest level in more than 22 years pic.twitter.com/CFsSysV9zD — Win Smart, CFA (@WinfieldSmart) October 24, 2023
https://t.co/uiWqkdCywT — Win Smart, CFA (@WinfieldSmart) October 6, 2023 Uh 🤔 pic.twitter.com/sYScyDhelh — Win Smart, CFA (@WinfieldSmart) October 6, 2023 Report Finds Chapter 11 Filings by Businesses Soar 61% So Far This Year U.S. businesses faced significant challenges in 2023, with commercial Chapter 11 bankruptcies rising by 61% to 4,553. Small business filings increased by …
by confoundedinterest17 The US is experencing a slow down. The massive Federal government and Federal Reserve Covid stimulus has worn out and we are left with a sagging jobs report and soaring credit card delinquencies. After ADP’s reports printed almost perfectly in line with BLS last month (+177k vs +187k), all eyes are on today’s print, …
by salvia_d We have an amazing local organic ice cream company that we have been going to for years, & the government in Canada is about to kill this small business, & others just like it. They want to control every aspect of the food supply. Here is the news release: https://www.coldcomfort.ca/breaking-news THE BIG MILK POLICE …
It's hard to see a case for interest rate cuts returning anytime soon. However, we continue to believe that rates will PAUSE for longer. Inflation to 2% remains the Fed's number one objective right now. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 2, 2023 As I've …
Indeed!! pic.twitter.com/xRpdyCblIs — Michael Lebowitz, CFA (@michaellebowitz) September 27, 2023 We can see how weak small caps have been during this Fed tightening cycle. The chart shows absolute performance. Only 1972 was worse — another cycle, like now, in which the Nifty Fifty dominated. /2 — Jurrien Timmer (@TimmerFidelity) September 28, 2023 Oil up USD …
“JUST IN: Nearly 700 US banks now exceed the 2006 Commercial Real Estate (CRE) loan concentration guidance. What is the CRE loan concentration guidance? It’s guidance by the FDIC for the amount of exposure that small banks should have to CRE loans. Currently, small banks hold over 70% of CRE loans which is $2 trillion …
by Chris Black If Germany flips, we’re going to see some changes on this stupid earth. The Guardian: Rightwing extremist and anti-democratic attitudes are becoming increasingly widespread in Germany, according to a study examining the public’s political views. Commissioned by the Friedrich Ebert Foundation, which is closely affiliated with the Social Democratic party, the study …
by Chris Black You guys think this is real? I don’t really have an opinion on it. I guess I wouldn’t be surprised if it was fake or real. New York Post: A breakthrough instrument on NASA’s Mars Perseverance rover is considered a mission success after producing enough oxygen for a small dog to breathe for about 10 hours. …
A record 4,200 illegals from Africa and the Middle East arrived on the Italian island of Lampedusa this weekend Only 6,000 Italians live on the small island known for its stunning pristine beaches pic.twitter.com/9A7mEdvvae — End Wokeness (@EndWokeness) August 28, 2023 Missiles thrown as fights break out between rival migrant gangs at notorious Lampedusa camp.Lampedusa …
Pawn shops too (probably because they deal in silver and gold coinage and bars and jewellery. Shutting access to cash) AC
The cut in the money supply has been going on for a while… US Corporate Bankruptcies Are On The Rise https://t.co/bmTueOcLEx — zerohedge (@zerohedge) August 24, 2023 AC
by Chris Black We all wish them the best of luck. Of course, it doesn’t matter if this village wins, because for every village that successfully protests, 15 others fall to the horde. Remix: As the immigration crisis worsens in Germany, many rural areas of the country, including smaller villages, are being transformed against the …
A small city in southeastern Minnesota has been left without a police department after the whole force recently resigned, according to officials. The Goodhue Police Department resigned due to issues with the city’s pay, Mayor Ellen Anderson Buck said at a city council meeting Monday. The city is located in a county by the same …
by confoundedinterest17 We are back in the USSR! And the economy taking commands from Washington DC! Introduction During the COVID-19 pandemic the occurrence of remote work jumped, out of sheer necessity. The technology was already available, but the pandemic accelerated its adoption and bypassed the hesitation of employers to allow people working from home. In many cases, …
https://twitter.com/_/status/1689368427729747968
by Chris Black Shitlib urbanite journos are clutching their pearls because the small-town people they hate dare to simply imply the right to defend themselves against urban terrorism. They will never leave you alone. They can’t. The smallest act of defiance is a threat to liberal hegemony. It’s why they must have absolute control. “Try …
Bidenomics: Small Business Outlook Remains Dismal For 19th Straight Month The Biden White House has been struggling to get the American public to buy into its positive spin on the economy, which it has dubbed Bidenomics. On Tuesday, a survey of small businesses indicated why that is such a hard sell. Small business owners have …
https://twitter.com/Willamthe2nd/status/1688574110824026112
Great chart from PPG Macro showing delinquency issues beyond the large lenders. It seems that small lenders are increasingly exposed to overly risky loans. Commercial real estate loans are yet another example. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 2, 2023 Throughout ‘23 US default risk …
Likely to keep normalizing/decelerating! https://t.co/iMfSx7EFLY — Caleb Franzen (@CalebFranzen) July 19, 2023
