A hub for independent voices and hard truths
Another major airline is cancelling 1,000 flights due to soaring gas prices https://t.co/3pa1tZTcUu pic.twitter.com/nJYIz1Gors — New York Post (@nypost) March 18, 2026 A major airline is canceling flights due to soaring fuel prices. Scandinavian Airlines (SAS) said it will be …
Wall Street Apes @WallStreetApes ABC News investigated and found more than 3,000 data centers are already operating nationwide At least 1,000 more planned Residents near data centers are seeing much as 50%+ increases on their electric bills “ABC7 has also …
by confoundedinterest17 Money makes the world go around and gold prices soar! Gold is looking eerily like gold prices during the Weimar Republic in Germany. Tomorrow belongs to Socialists like AOC and Bernie Sanders who want to keep spending. Along with Senator …
by Michael I knew that I wasn’t imagining things. There are so many times when I am shopping for groceries that I see a product that seems like it has doubled or tripled in price over the years. I am sure …
$JPM 👀 pic.twitter.com/I9AEkddf7K — Godzilla Trader 🦖 (@David_Tracey) December 9, 2025 JPMorgan shares drop as bank warns of fragile consumers, higher costs Investing.com — JPMorgan Chase (NYSE:JPM) stock fell 4.3% by 2 pm Tuesday after the bank’s consumer and community …
The system is quietly trapping everyone while pretending nothing’s wrong. According to the BLM's most recent numbers, private employers are reporting 13,500 job cuts a WEEK. These are PRIVATE EMPLOYERS. NOT GOVERNMENT JOBS. The BLM reports we are seeing the …
not sure about that? pic.twitter.com/R1DilijKUf — Michael J. Kramer (@MichaelMOTTCM) November 23, 2025 US TSY SEC BESSENT REMARKS: “Interest rate sensitive sectors are in recession, but I’m confident about 2026 growth.” “Inflation is being driven by services rather than imported …
The inflation has been bad for the past 4 years and Trump made it worse. Never forget!! pic.twitter.com/xlWSoJVdOj — Caroline Kliby (@SchnurreZueri) November 10, 2025 Did you think Trump would wave his magic wand to fix the disaster that happened …
by Michael It feels like someone has pulled a plug, because the U.S. economy is suddenly caught in an extremely alarming downward spiral. As I discussed at the end of last week, investors are flocking to gold and silver because they …
American farms are already under pressure. Labor shortages threaten production and prices nationwide. Beth Ford, CEO of Land O’Lakes, warned of a black swan event if farms cannot find enough workers: “These are folks who oftentimes try to get American …
For those who have followed me long enough, you know that vendor financing has been Nvidia’s practice since the introduction of ChatGPT. They have consistently invested in startups and hyperscalers so that these companies could buy their GPUs. Now, with …
Authored by Mike Shedlock via mishtalk, Electricity demand for AI data centers is soaring. The result won’t be pretty. Consumer electricity costs from BLS, Industrial costs from Statista, chart by Mish Chart Notes: Industrial prices for 1980-2010 only for years …
Bitcoin's fate lies with the Nasdaq. Won't be long. pic.twitter.com/uZRMxlNhNE — The Great Martis (@great_martis) September 9, 2025 Zooming out: over the past month the 10Y-2Y spread has bull-steepened +9 bps and the 10Y-3M +15 bps. In modern history, a …
Trump’s legacy will be defined by America’s downfall, and everything he is doing right now makes that almost certain. Ray Dalio says it happens within 3 years max 💀 👀 👀 pic.twitter.com/A3zcUHg3lY — QE Infinity (@StealthQE4) September 2, 2025 Link:https://t.co/mtTG5lOBrc …
Cisco, the San Jose-based technology giant, has announced another round of layoffs affecting Bay Area workers, marking a familiar pattern of reporting skyrocketing revenue followed by drastic job cuts. According to Aug. 13 WARN filings with California’s Employment Development Department, …
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 …
It's interesting to see some people claim inflation is slowing. The equal-weighted commodities index is up 12% in the past year. That’s real-world inflation. Meanwhile, US money supply just hit a new high, and the dollar is weakening sharply against …
by Michael Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent, that is not good news at all. …
More than a decade ago, Intel led the charge to fund extreme ultraviolet lithography. They handed ASML over $4 billion in equity and R&D support. TSMC and Samsung followed with smaller checks. By 2015, ASML had working EUV machines and …
AI Bubble Today Is Bigger Than the IT Bubble in the 1990s The difference between the IT bubble in the 1990s and the AI bubble today is that the top 10 companies in the S&P 500 today are more overvalued …
Wasn’t their Exchange blown up? Can you explain how this is possible? https://t.co/49mqJUW8Cl — Rob Massey (@Robstertail) June 22, 2025 Tel Aviv stocks up 5% 🫣 pic.twitter.com/iAjOmaPiZe — TT3 (@TradingThomas3) June 22, 2025
Iran is loading tankers and rushing oil out like it’s a race against time. Its main oil hub, Kharg Island, is packed to the brim with crude, even though exports jumped 44% in just 5 days. Satellite pics show tankers …
This so-called “low” inflation number is a total joke. While they brag about 2.4%, Americans are getting slammed with reckless hikes in gas, insurance, food, rent, and healthcare. The basics keep getting more expensive every damn day, and no one’s …
WOW 🚨 The Pacific Palisades fire cleanup contractor is not actually cleaning up and removing the debris, they’re just burying the debris on Los Angeles fire victims properties Huge slabs of concrete and more are being buried on people’s properties, …
IT’S COME TO THIS: As Concert Ticket Prices Soar, More Than Half of Coachella GA Attendees Are Buying Tickets Through Payment Plans. Tens of thousands of music fans will descend on the California desert this weekend for the first of two …
This is what happens when a nation buries itself in endless monetary easing and ignores basic fiscal reality. The Bank of Japan has been suppressing yields for years, but cracks are forming, and the moment they lose control, it’s game …
Costco’s stock price is a gravity-defying spectacle, but the laws of parabola always win. A grocery store, no matter how beloved, should not be trading at a P/E of 62. That’s not sustainable; that’s euphoria. Every bubble looks justified until …
We’re in a strange, contradictory market where some trends suggest stability, but the underlying reality remains volatile. Only a 22% chance of a recession occurring within the next year pic.twitter.com/nx26BqGko7 — Win Smart, CFA (@WinfieldSmart) January 24, 2025 Your food …
Where were the Bond Vigilantes during the Biden Administration? Now that it's over, they suddenly blame Trump while ignoring Yellen, Brainard, and Biden's embrace of MMT and the idea that deficits don’t matter. We’re drowning in debt at levels reminiscent …
by Mike Shedlock Let’s discuss some sobering projections on the cost of Medicare and Medicaid. Long Run Projections The American Enterprise Institute (AEI) discusses a Unified Long-Run Macroeconomic Projection of Health Care Spending and the Federal Budget. MPW stands for AEI …