Independent thinking for complex markets and current events
Atlanta Fed GDPNow estimate moves lower, real gross private domestic investment growth decreased from 1.3 percent to -0.7 percent, while the nowcast of fourth-quarter real government expenditures growth increased from 2.6 percent to 2.9 percent. #math pic.twitter.com/3xqmr0b3YB — Market Rebellion (@MarketRebels) January 2, 2025 Interesting We’ve almost given back the whole bounce since Trump was …
President Milei is a Rockstar. pic.twitter.com/bnPABtuANQ — I Love America News (@ILA_NewsX) December 27, 2024
Once again, the disconnect between what the stock market is hoping and what the consumer is telling us, is striking. Retail inventories are climbing month after month, and revisions are upward. The consumer is spending less and less and retail inventory levels are climbing… https://t.co/bBT0uZf6Ym — Uncle Milty’s Ghost (@his_eminence_j) December 27, 2024 That’s just …
Conservatives who want to slash the federal budget are hoping they can enlist President-elect Donald Trump and Elon Musk to their side come January. But last week’s meltdown over government funding underscored that Trump doesn’t always share their fiscal restraint. Though Trump and Musk helped upend an initial bipartisan appropriations deal loathed by fiscal hardliners, …
The Swiss have printed about 3x less money than Canada has between 1980 and 2024 And in 1985, 1 Canadian dollar could buy 2 swiss francs. Today? It buys 0.65. This isnt magic, guys. pic.twitter.com/KPOn7lqfb5 — Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) December 24, 2024 The original Big Mac Index: Campbell's Tomato Soup. In short, Nixon broke the …
Just who is representing me???? When we take back the majority,,,how many times have you heard that? When we take back the majority…what exactly do you mean? When we take back the majority! The democrats just spanked you for the last time… You said Speaker Mike Johnson was a republican! When exactly was he a …
A statement from President Donald J. Trump and Vice President-Elect JD Vance: The most foolish and inept thing ever done by Congressional Republicans was allowing our country to hit the debt ceiling in 2025. It was a mistake and is now something that must be addressed. Meanwhile, Congress is considering a spending bill that would …
People call me "NostraThomas" for accurately predicting @SpeakerJohnson would use the Christmas recess to force a massive spending bill through Congress. After claiming he would not, Johnson is embracing a D.C. tradition that's nearly as old as decorating Christmas trees. pic.twitter.com/TRd1ZiCXtc — Thomas Massie (@RepThomasMassie) December 18, 2024 I wanted to read the full 1,500+ …
Guys this section of the CR is insane. Why is this included in a spending bill? Why are they trying to make this a thing at all? WHAT ARE THE HIDING? https://t.co/LHIc5dgK7l pic.twitter.com/ckQuAGNCvV — Jon Herold (@patel_patriot) December 18, 2024 pic.twitter.com/43tbcDJl6J — Jon Herold (@patel_patriot) December 18, 2024 🚨BREAKING: The short-term funding bill to avert …
Political Instability Rising populism signals widespread dissatisfaction with EU leadership. Countries like Hungary and Poland challenge Brussels, creating fractures within the bloc. The EU’s unity is an illusion, with deep divides on energy, immigration, and spending. pic.twitter.com/oNFScZtwpM — GoldSilver HQ (@GoldSilverHQ) December 18, 2024 Social Unrest Widening inequality is fueling protests and strikes across France, …
by confoundedinterest17 Apparently, the late Hawaiian crooner Don Ho foresaw Biden’s irresponsible spending spree. That is, BIG BUBBLES. Let’s start with the Buffett Indicator (Warren, not Jimmy!). It indicates that the stock market is STRONGLY OVERVALUED. The S&P 500 Mean Reversion Model also shows the stock market to be STRONGLY OVERVALUED. How about the Shiller P/E Ratio? Also …
Foreign aid is important. But not as important as help for Americans — that should be the top priority — Matt McCann (@mccannltc) December 13, 2024
Afghanistan passed a law so disgusting pedos can marry 9 year old girls and women can’t speak to other women. American Democrats are funding the destruction of women. I hate them so much. They are doing that here with their policies and at the border in America too. pic.twitter.com/8yXgRS5bV0 — Sarita (@Saritaregresa) December 12, 2024 …
by confoundedinterest17 We didn’t start the fire … The Fed and Biden/Harris did. And it is still burning. October STICKY core inflation is still up 4% YoY (year-over-year) Core CPI rose 0.3% MoM (as expected) which pushed it up 3.3% YoY (not even close to the 2% mandate)… Source: Bloomberg There has not been a single …
⚠️BRACE FOR MORE US JOB MARKET DATA REVISIONS⚠️ Nonfarm payrolls will likely be revised DOWNWARD by another ~300,000 jobs for 2Q 2024. This is according to the QCEW data released by the BLS. If this trend continues, it will turn out that August and October saw JOB LOSSES. pic.twitter.com/rA3cgv6En6 — Global Markets Investor (@GlobalMktObserv) December …
Shares of Dell Technologies ( DELL ) were down 12 percent in early trading Wednesday after the company took a cautious approach to investor forecasts and warned that artificial intelligence growth “will not be linear”. Dell’s AI server revenue fell 9 percent in the third quarter from the previous quarter Even with Wednesday’s drop, Dell …
Trump’s bold economic vision seeks to return the nation to a golden age of economic opportunity. But nearly every economist will tell you that tariffs raise prices. Trump has vowed to put tariffs in place. Prices will go up – so what’s the point? By Peter Reagan Key takeaways Cutting $2 trillion from the federal budget …
by confoundedinterest17 Meet the new boss, same as the old boss. We did get fooled again! The problem with the national debt can’t be fixed with Mitch McConnell still in the Senate and too many Obama-era political hacks still in Washington DC. The Obama/Biden era began in 2009 and it still exists despite Trump winning …
Some leftists are so spiteful over the outcome of the election that they’re planning to not spend any money once Trump is sworn in as president. Most people are expecting the economy to improve under Trump and these people don’t want that to happen, or at least don’t want Trump to get any credit for …
It’s my favorite time of the year… Sen. Rand Paul’s annual “Festivus Report” is out – with a whopping $482 billion in taxpayer-funded waste—from $3 million for steroid-injected hamster brawls to $118,000 to see if Thanos could snap his fingers in a metal glove. Some highlights include: • $31.5 million on luxury cars with COVID …
Did you know your tax dollars were used to fund drag shows in Ecuador? Your tax dollars provided a $20,600 grant to Ecuador’s Abraham Lincoln North American Cultural Center. The grant is for the center to provide three workshops & 13 drag performances. Follow us for more info. — Derrick Evans (@DerrickEvans4WV) November 14, 2024 …
The Misguided Errors in Money Expenditures (MEME) leaderboard. pic.twitter.com/UmXJVvLKXw — Sir Doge of the Coin ⚔️ (@dogeofficialceo) November 13, 2024 $1.2 trillion spending bill. ❌ $850k for a gay senior citizen home ❌ $15 million to pay for Egyptian’s college tuitions ❌ $400k for a gay activist group to teach elementary kids about being trans …
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term economic pain to rein in government spending. That message has emerged from former President Donald Trump’s wealthiest backer, Elon Musk, who says that …
When discretionary spending on luxury or novelty items like scented candles drops, it can reflect broader economic challenges. People tend to cut back on non-essential purchases when they’re feeling the pinch financially. https://twitter.com/GayBearRes/status/1852861521610658262
This is monumental: I'd be happy to talk with you about it, Elon. https://t.co/tjG6O5CpIj — Ron Paul (@RonPaul) November 1, 2024 Someone pinch me…make this so!!! Ron Paul asks to be part of DOGE team with Elon Musk!!! https://t.co/61nAqg5Naj — GrrrGraphics-Ben Garrison 🤠 Cartoons 🇺🇸 (@GrrrGraphics) November 1, 2024 I swear this is the best …
People need to start realizing that the ways things were with borrowing from 2010-2021 were an anomaly. Zero rates are gone. Never coming back. Inflation is a beast. It’s hard to stomp out. You need to crush it and the Fed refuses to do it. — QE Infinity (@StealthQE4) October 31, 2024 It’s hard to …
It’s election season – which means we’re hearing a lot of talk about the economy and government spending priorities. Today we evaluate the impact of federal government debt, show you how easy it is to inflate GDP, and explain exactly how these political games are picking your pocket… We’re in an election year, and that …
The trajectory. pic.twitter.com/7x59bmBk5k — Tuomas Malinen (@mtmalinen) October 23, 2024 Why in the hell are we cutting interest rates? Honestly it’s complete insanity. The bond market hates the idea as you can see by the rising 10 year yield. Inflation is still a major problem and is not under control. — QE Infinity (@StealthQE4) October …
Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by Oxfam revealed “poor record-keeping practices” by the DC-based international lender that resulted in anywhere between $24 billion and $41 billion in misplaced funds. The agency’s …
This is not Apple, Tesla or even Nvidia. This is interest payments on the US national debt of $36 trillion. We now pay nearly $1.2 trillion per year in interest on the debt, about 23% of all taxes, tariffs and fees collected by the US govt goes to paying interest on the debt. pic.twitter.com/UoMe8MbZKL — …