A hub for independent voices and hard truths
⚠️US ECONOMY HAS: 1) 1 MILLION full-time jobs lost in a year 2) ALL JOBS REVISED DOWN BY 818K for the 12 months through March 2024 3) 452 BIG bankruptcies in 2024, 2nd most in 14 years 4) $2.1tn excess …
by Michael Large businesses are declaring bankruptcy at a staggering rate, and yet we are being told over and over again that the economy is just fine. Needless to say, most of the country isn’t buying it. Survey after survey …
Municipalities break down the changes as several towns adjust outdated property tax rates and rising town budgets.
🍿POPCORN ALERT 🍿 Yep, the #Nikkei will go first 🎯 Narrator: #BOJ jawboning resumes in 10…9…8… https://t.co/0X6nwtnmui pic.twitter.com/ion27lAheV — JustDario 🏊♂️ (@DarioCpx) August 25, 2024 The Great Carry trade unwind. is a 2nd wave of global selling inevitable ? Breach …
"The hits just keep on comin'" – Casey Kasem This one today – in case you're told the initial rebound after a volatility spike is a good thing. Not so much when the market is still near divergent, overbullish, record …
Florida is experiencing a substantial increase in Homeowners Association (HOA) fees, which has led to a surge in property liquidations. This situation is part of a broader national trend affecting millions of homeowners across the United States. New Legislation: A law …
$VIX +51% … on pace for biggest daily spike since November 2021 pic.twitter.com/jjf4BdiEBr — Daily Chartbook (@dailychartbook) August 2, 2024 Short-term, market ignores valuations, driven by momentum. Eventually, gravity will reassert itself. "The S&P 500’s price to peak earnings multiple …
1) The graph above points to how bifurcated the US Housing Market is right now. Texas and Florida literally have 276% more inventory than the entire Northeast US, which comprises 9 states. Prior to the pandemic these regions had the …
IS THE US LABOR MARKET STRONG? Nothing could be further from the truth Number of unemployed Americans for 27 weeks & over SKYROCKETED by 36% year-over-year in June This is 6th straight month of increased Every time it jumped so …
Mycoplasma Pneumonia in Children (North Texas): Cook Children’s Medical Center in Fort Worth reported a recent spike in cases of Mycoplasma pneumonia, a bacteria causing “walking pneumonia.” Last week, 80 out of 398 patients tested positive for pneumonia, compared to 0% last year. Children are …
In June, construction industry saw largest increase in layoff announcements per @ChallengerGray … hasn't seen a spike that large since September 2007 pic.twitter.com/6zee9KAtVf — Kevin Gordon (@KevRGordon) July 3, 2024 Continuing claims a new cycle high Approaching 1.9mm #MacroEdge https://t.co/sDxirI4NOC …
Florida is facing notable risks in its housing markets. According to a recent report by Parcl Labs, 13 out of the 15 housing markets labeled as “at risk” are located in Florida. Here are some key points: Reasons for Risk: Hurricane Ian: The impact of …
Federal Reserve Bank of San Francisco President Mary Daly has indeed warned that the U.S. labor market is approaching an inflection point. She emphasized that further slowing in the labor market could lead to higher unemployment. While the labor market has adjusted slowly so far, …
MONTGOMERY COUNTRY, MARYLAND: In an effort to combat the 300% spike in youth crime, police are giving tickets for free slush to well-behaved kids: pic.twitter.com/T3THGToWiJ — End Wokeness (@EndWokeness) June 17, 2024 The Takoma Park Police Department in Montgomery County, Maryland has implemented …
New data from Realtor.com shows that inventory on the US Housing Market surged by 30% in April 2024. With the share of sellers cutting the price also spiking to the highest rate since 2018. Surging homes for sale and price …
China and India are stockpiling copper supply way above trend… pic.twitter.com/qlkTfgItxF — Jason Burack (@JasonEBurack) May 14, 2024 Marie Antoinette (I mean Jay Powell): "Inflation is re-accelerating, but at least immigration is preventing wages from keeping up with inflation. Let …
The homelessness crisis that is taking over our core urban areas is getting so out of control that tent cities are emerging everywhere, even next to the U.S. Supreme Court. Soaring rents and the most expensive housing prices in U.S. …
Credit card charge-offs and liquidations have hit their highest rate since 2008 for credit card issuers such as Capital One and Discover, a concerning sign for the outlook of the US economy. The Federal Reserve is starting to sign alarm …
In the not-so-distant future, strokes will surge, threatening lives and straining healthcare. Brace yourself for the alarming reality. Key points: The number of people experiencing strokes in the UK is expected to rise by over 50% to 151,000 per year …
The Federal Reserve just released a new study showing that credit card default rates in America have surged up to the highest level on record. In some cases – even worse than what we saw in 2008. These skyrocketing credit …
New data from Zillow and Realtor.com are both reporting a massive surge in inventory across the US Housing Market – particularly in cities in Florida and Texas.
Highest YoY Rise in Credit Card Delinquency Rates Below, you'll find a chart showing the year-over-year (YoY) change in credit card delinquency rates. As of Q3 2023, the YoY change stands at 43%. This rapid rise has never occurred. Credit …
The index for home prices increased in January at its fastest rate since November 2022 as supply constraints and inflation continue to raise prices, according to data from S&P Global. The Case-Shiller U.S. National Home Price Index increased 6.0% year-over-year …
New data from Vanguard shows that Americans are pulling a record amount of money from their retirement accounts to pay their bills. Most notably – the share of customers making an emergency hardship withdrawal from their 401k spiked to 3.6% …
Sellers on the US Housing Market are cutting prices at the highest rate in nearly 10 years as we enter Spring 2024. Suggesting that home prices in America could be heading down as the year progresses. Particularly in Housing Markets …
by confoundedinterest17 Well, this might keep The Fed talking heads up at night. Over the past year or so, the Fed has been intensely discussing inflation in “core services,” which is where inflation had shifted to in 2022, from goods …
It will be better for the market if the issues are settled and finished soon. We have good Greens recently showing more than 75% of SPXTOP300 closed in gains. The issues and oil spike can widely impact the rally that …
