A hub for independent voices and hard truths
When the fortress starts building a moat against $120 oil, the narrative has flipped. Iran War Risks Oil Price Shocks: Dimon JPMorgan CEO warns of sticky inflation, higher interest rates amid geopolitical tensions. JPMorgan Chase CEO Jamie Dimon cautioned that …
Iran may be activating sleeper cells outside of the country, according to an alert that was intercepted by the US. The encrypted communications, believed to have come from inside Iran, was sent as an ‘operational trigger’ for ‘sleeper assets,’ according …
The $16 billion company is pushing more into the transaction side of the real estate industry, which Jeremy Wacksman calls ‘a better business to be in.’ On his Zillow account, Jeremy Wacksman has “favorited” every home he’s ever lived in, …
Joseph Schnitt, Deputy Chief at the DOJ’s Office of Enforcement Operations, was caught on hidden camera saying the agency plans to redact every Republican name from the Epstein files while leaving Democratic names intact. “They’ll redact every Republican or conservative …
via notayesmanseconomics: After looking at China a couple of days ago it is again time to look East to Nihon this time. We can start with the latest economic news. TOKYO — Japan’s economy grew an annualized 1.0% in the …
The U.S. just announced a 15% tariff hike on Japanese imports. This comes two weeks after Trump declared a “massive” trade agreement with Japan on July 22, calling it “maybe the largest deal in history.” https://www.usatoday.com/story/news/politics/2025/07/22/trump-trade-deal-japan-tariff-imports/85331747007/ The July 23 agreement …
Typical $60K household left with just $500 a month after bills. This time, there’s no big event — no crash, no panic. Just a grind: Rents up 30% Groceries + utilities up 20–25% Insurance +40–60% Credit card APRs above 22% …
Ghislaine Maxwell was moved from a low-security federal prison in Tallahassee, Florida to the minimum-security Federal Prison Camp in Bryan, Texas. This transfer followed a two‑day meeting with Deputy Attorney General Todd Blanche, who asked about about 100 individuals linked …
Salazar’s bill is a betrayal of Trump’s mandate. The Dignity Act rewards illegal entry with legal status—$7K fines and “merit-based reentry” are just amnesty dressed in bureaucratic jargon. Enforcement isn’t negotiable. ICE must deport, not process paperwork. Every dollar spent… …
China’s economy is in deep trouble, and it’s hitting even the fancy luxury brands hard. LVMH, the big-name luxury giant, just warned that demand for their high-end stuff is tanking in China. People there aren’t buying the glitzy bags and …
They say inflation is cooling. The market claps. Yields dip. And just as quickly, they climb right back up. Over and over again. It is not confusion. It is the new reality. And many still do not get it. Soft …
South Korea is bailing out small businesses. China is injecting $80B into its banking system. Factories are furloughing workers. Bond markets are collapsing. The Bank of Korea froze, paralyzed by “uncertainty,” but will be forced to cut rates again. The …
Tell me again about that “Soft Landing” – how the Economy is getting stronger…. US Capacity Utilization is declining – currently at 76.8%. So… why would businesses be hiring people with this capacity utilization? Tell me again about that "Soft …
What have we learned from the market this Fall? There are 2 paths forward for Real Estate and both are painful: 1. Higher rates, stagnant market, layoffs, prices grind flat or down 2. Lower rates that come when the economy …
Unemployment has accurately followed Labour differential data each and everytime since the 80s. “Labour differential” refers to the difference in labor costs between two regions, industries, or types of workers. It’s used to compare wages, productivity, or work conditions, especially …
The savings rate — the amount of money people are putting away as a percentage of disposable income — has dropped to its lowest level since June 2022, per Axios: pic.twitter.com/0wrWhnHP6x — unusual_whales (@unusual_whales) September 13, 2024 U.S. housing affordability …
Authored by Charles Hugh-Smith via oftwominds, When everyone finally leaves the La-La-Land casino and abandons the fairy tale, household wealth held in stocks is a fraction of what it was in the heady days of hot hands rotating into the …
Authored by Brandon Smith via Alt-Market.us, If people have learned anything from the past few years of Ivy League elites and TV talking heads feeding them economic predictions, I hope they finally understand that the “experts” are usually wrong and …
Global economy’s glide to ‘soft landing’ gets bumpy as bond yields jump WASHINGTON, Oct 6 (Reuters) – Rocketing U.S. government bond yields that have led to a global jump in borrowing costs are raising new risks for economic policymakers hoping …
via realinvestmentadvice: The Fed’s “soft landing” hopes are likely overly optimistic. Such was the context of the recent #BullBearReport, which discussed the long record of the Fed’s economic growth projections. To wit: “However, there is a problem with the Fed projections. They are historically the …
2/ Recent market dynamics show a consensus for the "soft landing" narrative, spurred by a strong consumer base and a resilient labor market But, a deeper dive reveals emerging consumer weaknesses & the pivotal role H2 2023 should play in …