A hub for independent voices and hard truths
THE THERMODYNAMIC RECKONING Oracle just lost $35 billion in market cap. In 48 hours. Wall Street thinks this is an earnings miss. It is not. This is the first domino. What happened on December 11 was not a revenue shortfall. …
So you’re saying there are now thousands of them and cost almost nothing. How are the big guys gonna pay back those $500 billion in debt with $10 month subs? — The Coastal Journal (@1CoastalJournal) December 2, 2025 I'm not …
TRUMP: IF CHINA DON’T DO BUSINESS WITH US, THEY’RE IN BIG TROUBLE “And if they don’t do business with us, I think China is in big trouble. I’ll be honest with you. I think China is… I don’t know that …
Authored by Mike Shedlock via mishtalk, Consumer credit is weak in nominal terms and negative in real terms. Nominal Consumer Credit, Data from the Fed, Chart by Mish Nominal consumer credit has started to flatline. In real terms, credit is …
If consumer demand is frozen and margins are squeezed, are stocks about to fall? Data and full report here: https://t.co/pxYDtGgI1a pic.twitter.com/Lp3Bzo280Z — The Coastal Journal (@1CoastalJournal) August 20, 2025 Corporate bankruptcies are heading for a record high this year higher …
Unemployment claims are climbing fastest for higher-income households. If white-collar stress builds, markets should brace for slower discretionary spending, a key driver for growth stocks tied to consumer demand. pic.twitter.com/uKpZZ4sNzN — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) August 16, 2025 A …
U.S. July CPI: Core Inflation Hits 3.1 Percent Year Over Year Headline CPI rose 0.2 percent month over month, matching expectations. Year-over-year inflation came in at 2.7 percent, just below the 2.8 percent estimate. Core CPI rose 0.3 percent month …
The EU has completely f*cked Europe. Only one European car makes it into the top 10 best-selling vehicles worldwide. No European company in the global top 10 of tech. No European search engine. No smartphone. No operating system. No streaming …
Congress just hit pause on the Epstein file release. Speaker Mike Johnson confirmed Monday there will be no vote before the August recess. That locks the chamber out for 5 weeks. No floor action. No subpoenas. No movement. The resolution …
Thomas Massie is done waiting. On July 15, he filed a discharge petition to force a floor vote on full release of the Epstein files. The resolution cuts around House leadership. If 218 members sign, the vote becomes automatic. Right …
Palantir printed $149.24 this morning. That’s up 104% year to date. Volume hit 23.58 million shares by midday. Market cap sits at $352.1 billion. PE ratio is 651.68. The stock hit its high of $155.68 on July 17. Since then, …
Job openings are falling. Unemployment is flat.We’ve seen this movie before. The 2020–2025 labor market setup is starting to rhyme with 2007, when JOLTS rolled over quietly, and the unemployment rate held steady… until it didn’t. Not a perfect correlation …
SPY Closed at 614.91. The index is brushing against its all-time high of 616.39. Short-term momentum is still intact, but breadth is thinning. RSI is hovering near 60, not overbought, but not fresh either. The next two weeks are light …
That dotted line isn’t noise. It’s China quietly moonwalking past the U.S. and Europe in patent output. While the West debates regulation, China’s filing innovation at warp speed. Ignore this curve, and you’re ignoring the next cycle of global leadership. …
So far the new admin has done little to reign in spending despite all the discussion about DOGE in the first few months. Not all that surprising given congress extended '25 spending at current law. pic.twitter.com/QRX5ejWpES — Bob Elliott (@BobEUnlimited) …
US Treasury Secretary Scott Bessent: Trump has maximum negotiating leverage right here, right now. I think it would be a mistake to think otherwise. Many of our trading partners have not escalated, and they will get priority in the queue. …
Interest rate futures now show a base case of Fed rate cuts being paused until June 2025. The decision to pause cuts appears to be largely uncontested by Fed officials. PCE inflation data Friday is huge. Follow us @KobeissiLetter for …
US consumer borrowing has ground to a halt. Tapped out? pic.twitter.com/KH335Qw4lD — PPG (@PPGMacro) May 29, 2024 The recent data on U.S. consumer borrowing paints a concerning picture of financial stability. Delinquency rates, which Austan Goolsbee of the Chicago Federal …
The reported government handling of the Maui fire cleanup raises significant concerns about delays and restrictions, leaving affected residents frustrated and stranded. The slow progress, limited clearing capacity, and the apparent bureaucratic hindrances contribute to a distressing situation for those …