A hub for independent voices and hard truths
https://twitter.com/_/status/1819781265291112518 More sickos are publicly pleasuring and exposing themselves on the streets of the Big Apple, crime statistics show — a nauseating development critics have chalked up to lax laws and a broken mental health system. Reports of pervs fondling …
Tamra Ransom thought she was one step closer to her American Dream when she purchased her home in Polk county, Florida in May 2023. But less than a year later, she had already listed her property — which she pumped …
by confoundedinterest17 Joe Biden is a dishonest politician, so it is no wonder that he ignores actual data. Like claiming that crime is down under his leadership, when it is actually large cities like New York and Los Angeles not …
Semiconductor Stocks are now outperforming the S&P 500 by the largest margin since 1998 👀 pic.twitter.com/tGPNg65kjp — Barchart (@Barchart) June 11, 2024 US equity momentum … reached near 100yr records in early 2024." BofA pic.twitter.com/Or9N0PVZeB — Win Smart, CFA (@WinfieldSmart) …
Nvidia (NVDA) stock traded above $1,100 for the first time ever on Tuesday, a move that allowed shares to surpass their previous record closing high. Shares finished the day above $1,140. The milestone moment comes after Elon Musk’s artificial intelligence …
Nvidia CEO and cofounder Jensen Huang became a much richer man Thursday as shares of his semiconductor chip company that’s become the poster child of the artificial intelligence movement surged to a fresh all-time high, placing him among the world’s …
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The SPY (S&P 500) ETF has surged with a nine-day winning streak, marking its longest stretch to a new high since 2020. Despite economic concerns signaled by the Citi US economic surprise index, the S&P 500 approaches record highs. In …
The Drewry World Container Index surged by 16% this week to reach $3,159 per 40ft container, marking an astonishing 81% increase from the same period last year. Compared to pre-pandemic levels in 2019, current rates are a staggering 122% higher. …
1) What's interesting is that this inventory surge in Nashville is happening amidst a wave of positive press about how many people are moving to the city. WSJ just ran a piece about Nashville booming. But that doesn't seem to …
Last year’s warnings echo louder as M2 data forecasts inflation surge, dismissing deflation fears. In Florida, over half of renter households strain under excessive rent burdens. Brace for wealth erosion as Biden’s historic Capital Gains Tax proposal looms, while gold’s …
The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. What Happened: Beijing is resorting to …
With credit spreads on the rise and the 10-year TIP trading at 2.2%, financial conditions are tightening, sparking concerns among investors. While systematic funds tread cautiously amid thinning market depth, the next fortnight looms as a critical period. Contrary to …
BIDEN'S TREASURY SEC. YELLEN: "Americans are seeing the costs of some goods that are important to them, like rent, having increased…" pic.twitter.com/rGxk7bFxw7 — Breaking911 (@Breaking911) March 13, 2024 US Treasury Secretary Yellen: it seems unlikely that interest rates will return …
via Mike Shedlock Russia and Iran developed a way to avoid the US dollar routing system known as SWIFT, Trade between the nations is booming. Image from US Institute for Peace – The Iran Primer. What is the SWIFT Banking …
BY DAVID HAGGITH If inflation screams and no one hears it, does an airplane fall in the forest? That’s a good question for today. Inflation ripped upward, and the stock market shrugged it off as if it heard nothing, while …
The global car market is teetering on the brink of a precipitous crash in 2024, a situation brewing since 2020. However, the sound of a car market crash has not just started, but it has reached the US horizon. But, …
Amidst a cost-of-living crisis in Britain, London experiences a 23% surge in rough sleepers. Mayor Sadiq Khan calls for urgent government intervention as emergency accommodation usage rises. Strikingly, 242 newly-granted refugees report homelessness after leaving government-provided shelter. Meanwhile, in Germany, …
Subprime Auto-Loan Delinquencies Rise to 2019 Levels: a Dive into Subprime Lending and Securitizations pic.twitter.com/A5gyIrxj3e — QUACK (@RichQuack) January 14, 2024 Credit Card Debt Climbs: 56 Million Americans in Prolonged Debt Amid Economic Pressures The credit card debt situation in …
California’s GDP increased by 173%, but median household earnings only grew by 4% SINCE 1984-2024 https://t.co/AZAxWOj9dj — The Punisher (of Wall ST) (@GregCrennan) January 9, 2024
The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion. Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress. Is there a …
by confoundedinterest17 The third revision to Q3 Real GDP was a doozy! Based on updated consumer spending, Q3 Real GDP was revised to an annual rate of 4.9%. Real gross domestic product (GDP) increased at an annual rate of 4.9 percent …
Consumers are opting for BNPL services despite potential financial risks. This is how you delay a banking collapse by continually extending credit. Yes, and these BNPL offerings are also happening as the personal savings rate has been in a downtrend …
As global debt skyrockets to nearly $310 trillion and gold reclaims its position above $2,000, investor @Frank_Giustra warns of an impending crisis dwarfing the impact of the 2008 recession. With gold poised for a breakout from a triple-top formation and …
Investor sentiment surveys are expressing overwhelming positivity, suggesting a rosy outlook, while economic surveys paint a contrasting picture, indicating a deteriorating situation. This stark dichotomy between investor optimism and the grim economic reality underscores a perplexing divergence in current perceptions. …
The soaring Debt to GDP ratio at 124%, driven by the government’s extensive money printing, poses a heightened risk of long-term economic consequences and increased inflationary pressures. Despite a slight dip from the previous peak in 2020, the current ratio …
The current scenario is indeed remarkable: the Nasdaq 100 to Russell 2000 ratio has surged to unprecedented levels, now sitting 10% above its 2020 peak and 6% above its 2000 peak. This is incredible: The Nasdaq 100 to Russell 2000 …
The US national debt is outpacing economic growth, reaching $33 trillion this month, a stark increase from 70 years ago. As of this month, the total national debt stands at $33 trillion, approximately 124 times larger than it was 70 …
by confoundedinterest17 Biden’s leading “economist” Lael Brainard loves to brag about the strong economy under Bidenomics, and then pulled a brain freeze when asked about crashing savings rates as consumers struggle with inflation. The good news? One of The Fed’s …
