A hub for independent voices and hard truths
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 Congresshttps://t.co/4qD6tEfp9E pic.twitter.com/WlTbn3Q5L4 — Wolf Richter …
I always find this chart staggering to look at. We've never seen the Federal Reserve slow the economy this violently before. Rates went from 0% to 5.33% within 18 months. That's unheard of. https://t.co/KoQ4CsPV0H pic.twitter.com/2vldAWuGei — Financelot (@FinanceLancelot) December 23, …
by Michael At least things are still good for those at the very top of the food chain. But for everyone else, economic conditions have already become very painful. Today, the vast majority of Americans have less money than they did prior …
A sudden spike in SOFR (Secured Overnight Financing Rate) points to a mounting reserve shortage and an overnight repo spike, surprising many as SOFR printed at 5.39% on Friday. This departure from the market’s accustomed pattern, where overnight Repo GC …
by Virtual_Crow The RRP facility is used to take excess liquidity out of the system. Banks have a ton of extra deposits that they would loan out, and if there’s too little demand for loans they’d loan it at less …
Probably nothing .. #gold pic.twitter.com/A4pVOmDAlx — Willem Middelkoop (@wmiddelkoop) October 21, 2023 h/t j_stars
While you are distracted with petty daily infightings, this has been silently underway. You will own nothing and be happy… via businessinsider: The housing market is so unaffordable that only three extreme scenarios would return it to pre-pandemic affordability. US …
https://www.youtube.com/watch?v=-c7EKqC-Krg Target’s products are going to get more expensive this fall. The company’s CEO is warning about tougher conditions for shoppers and also raising the alarm about the state of the U.S. economy. The retailer is one of the biggest …
The HHS is recommending cannabis to be moved from Schedule 1 to Schedule III. This will remove the 280E tax burden on the US marijuana companies and allow for up-listing to the NYSE and NASDAQ. https://www.bloomberg.com/news/articles/2023-08-30/hhs-calls-for-moving-marijuana-to-lower-risk-us-drug-category?leadSource=reddit_wall https://www.marijuanamoment.net/top-federal-health-agency-says-marijuana-should-be-moved-to-schedule-iii-in-historic-recommendation-to-dea/ Important to …
Huge backlog of 200 ships are stuck trying to enter the Panama Canal as they wait WEEKS amid slowed traffic due to drought: Delays set to wipe $200M off profits and cause spike in US grocery and parcel prices The …
For those who say "everything is fine," we saw the same spike in regional banks right before the 2008 crisis 🤫 BlackRock is setting up the rug pull when the Fed takes away emergency BTFP & OCE. https://t.co/YnlzAWEzfU pic.twitter.com/GSVJ4Y3QIE — …
via naturalnews: The Black Sea Grain Initiative is dead in the water, and Russia is warning that any ships seen traveling to Ukraine’s Black Sea ports from now on will be considered potential military targets. The warning came after Ukraine announced …
Wheat prices jumped as much as 3.5% as news broke Monday that Russia let the UN-brokered grain deal lapse at midnight, Istanbul time, marking the end of the Turkey-administered humanitarian corridor which let Ukrainian grains get exported to global markets. …
by confoundedinterest17 Wasting away again in Bidenville, looking for my lost economy. In June, the White House revealed a new public relations campaign called “Bidenomics” to define President Biden’s economic agenda ahead of the 2024 presidential election cycle. “I don’t …
Source: wolfstreet h/t BoatSurfer600
by scott_jr Sriracha shortage sees sauce prices spike to over $70 a bottle $1,000 car payments ✅ $800 student loan payments ✅ Maxed out credit cards ✅ $20 avocado toast ✅ $70 Sriracha ✅ On Amazon, a pack of …
by Simian_Stacker https://www.cnbc.com/bonds/ Big moves in the debt market. US 3M T-BILL YIELD new high wen 50bps pic.twitter.com/mCbZMOxnf0 — Alessio (@AlessioTMAD) June 29, 2023 1-Year Treasury Bills now have a yield of 5.32%, the highest level since December 2000 pic.twitter.com/jKj27cpliq …
by BoatSurfer600 https://wolfstreet.com/2023/06/21/inflation-shocker-in-the-uk-core-cpi-spikes-to-30-year-high-driven-by-spike-in-services-even-as-motor-fuel-prices-plunge/ I like how it excludes food and energy. keks
via WSB: The VIX closed at 14.60 today–lowest close since **February 2020** pic.twitter.com/Tg9gSi9h5d — Gunjan Banerji (@GunjanJS) June 2, 2023 Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this …
