A hub for independent voices and hard truths
Strong storms that likely included tornadoes swept through eastern Indiana and western Ohio on Thursday evening, leaving at least three people dead, destroying parts of some towns, knocking out power for thousands, and prompting search and rescue efforts in at least one city, officials said. “I can best describe it …
Dozens of passengers were injured by a “strong movement” on board a Boeing-made plane flying from Sydney, Australia, to Auckland in New Zealand on Monday, with some requiring hospital treatment, authorities said. It’s unclear exactly what caused the mid-flight injuries, but the South American airline LATAM said in a statement …
Cuz most folks are not benefiting from the “strong” economy. Its all about the debt, folks. Only the wealthy benefited from years of appalling fiscal & monetary policy. The much-too-late rate hike is now hurting low & middle income people the most. https://t.co/FYvLs5ipQd — Frank Giustra (@Frank_Giustra) February 11, 2024 …
Welcome to the market rollercoaster, where optimism is the name of the game. Investors are reveling in the highs – 75% are singing praises, 20% are keeping a level head, and 5% are eyeing the potential pitfalls. Now, here’s the plot twist: experts are buzzing about not one, not two, …
by Tho Bishop Last Thursday, Bloomberg reported that federal regulators are preparing a proposal to force US banks to utilize the Federal Reserve’s discount window in preparation for future bank crises. The aim, notes Katanga Johnson, is to remove the stigma around tapping into this financial lifeline, part of the continuing …
by confoundedinterest17 The Fed had better think twice about expected rate cuts. The market just isn’t feeling it. Treasury yields rose Wednesday, with the 10-year yield touching almost 4.10% as investors focused on stronger-than-expected December retail sales and the latest remarks from Federal Reserve members. The yield on the 10-year Treasury note was recently …
FOX: Real estate investor warns US is entering the ‘greatest’ correction of his lifetime One real estate investor is bearing witness to the start of the industry’s “greatest” correction he’s ever seen. “I just want to say that we’re entering the greatest real estate correction in my lifetime,” private equity …
by DesmondMilesDant The SPY ETF is currently trading at $461.99, up 1.79% on the day. The SPY has been in an uptrend recently, with the stock topping out at $495.00 just yesterday. Today’s market volume for the SPY is up significantly from recent levels, with 120B shares traded so far …
Interest rate futures indicate expected rate cuts from March 2024, with a growing chance of cuts starting in January. Three weeks ago, markets anticipated an additional rate hike and cuts in June 2024; now, there’s a 2% chance of an extra hike and five expected rate cuts in 2024. Despite …
by confoundedinterest17 US Real GDP grew at a whopping 5.2% (revision) in Q3. But was it organic growth or simply The Federal Government funding the defense and green energy industies with trillions in spending? One factor has been government spending which grew an unsustainably 4.7% in real terms over the …
https://twitter.com/Capitalist_Mike/status/1726038758573875676
BREAKING: Strong earthquake tremors felt in Delhi, India pic.twitter.com/tpd7BeDPtv — Insider Paper (@TheInsiderPaper) November 6, 2023 NOAA KP 4+ Warning 4.67 The NOAA Kp is rising. Possible G1+ magnetic storm developing.Get real-time geomagnetic storm alerts, data & forecasting @ https://t.co/gPHn0yaSDN pic.twitter.com/rWi1gxymhf — Carrington App (@CarringtonApp) November 6, 2023 Wow. Northern …
The cost of goods and services rose 0.4 percent for a second consecutive month in September, challenging the view that the Federal Reserve’s rate hikes are still bringing down inflation. The personal consumption expenditure price index was expected to cool slightly from the prior month. Over the past year, the …
From a government spending perspective, the increasing tensions between Israel and Hamas arguably carry an even greater significance. Unlike the Russia-Ukraine war, the recent conflict will likely receive bipartisan support for additional military aid due to Israel's strong… pic.twitter.com/gbvZW5MqKq — Otavio (Tavi) Costa (@TaviCosta) October 9, 2023 Winners: Weapon-makers: Lockheed …
Poland goes OFF on the EU! 🔥🔥🔥 "The lowest unemployment is in Poland. The highest GDP after COVID in the European Union is Poland. One of the lowest debts in Europe is Poland. Don't give us this rubbish about the need for educated immigration. We don't need your doctors, your… …
Manufacturing has been in contraction for nearly a year and declining for two. Institute for Supply Management's Aug manufacturing PMI confirms sector is contracting and still signaling broader recession; new orders still falling; only 1 out of 9 manufacturing industries adding jobs; price pressures down as increasing number of firms …
Keep this in mind when you hear, "The consumer is strong." Just because they're spending, doesn't make them strong. — Frank Iozzo (@RetireWithFrank) August 11, 2023 Not something you want to see if federal reserve interest rates have skyrocketed over 6,000% in a year pic.twitter.com/YWDP0lfZtn — Market Radar (@themarketradar) August …
The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt. pic.twitter.com/xU9iQN2f5f — MapleMAGA 🇨🇦🇺🇸 (@MapleMAGAw5) August 8, 2023 US Total Household Debt Hits an All-Time High of $17 Trillion; Credit Card …
https://twitter.com/BernieSpofforth/status/1688979870955474944
I will reserve judgement on today's strong open until we see the close. Because that's what happens in bear markets – strong opens, weak closes. What we saw all last week. But really, what could go wrong? pic.twitter.com/PnEtb0MYXR — Mac10 (@SuburbanDrone) August 7, 2023 Big divergence between S&P 500 industrials …
Screenshot In a remarkable and rare instance of broadcasting, CNN told the truth about Joe Biden’s pathetic poll numbers and horrible chances of reelection. CNN Analyst Harry Enten pointed out that more people at this point trust Congressional Republicans that they do Biden on the most significant issues, calling …
by confoundedinterest17 The wheels are coming off the Bidenomics recovery. US job openings (JOLTS) keep declining as The Fed withdraws its Covid sugar splash of monetary stimulus and raise The Fed’s target rate. For those enthralled by the narrative that AI will cause a margin-busting corporate revolution as millions of …
via naturalnews: The passport of Singapore has overtaken that of Japan’s as the world’s most powerful passport, according to the Henley Passport Index. The Henley Passport Index, published every quarter of the year by investment migration consulting firm Henley & Partners, ranks the travel freedoms enjoyed by the regular holders …
Russia has taken advantage of its superior air power and Kyiv’s limited air defenses to strike Ukrainian armored columns and stop attacks. via WSJ: Ukraine said its forces were advancing on several axes in their counteroffensive but were struggling to counter Russian air and artillery superiority hobbling its assaults in …
🤣🤣🤣🤣🤣🤣🤣 https://t.co/oxH5lDpA4H — Darth Powell (@VladTheInflator) June 8, 2023 US credit card delinquency rates are currently at "normal" 2019 levels but there are some ominous signs for the consumer credit market. Are we going to see a "newly prime" lending crisis this time? pic.twitter.com/i2xDXpNY3Y — Boaz (@sobradob) June 1, 2023 …
China increased its gold reserves for a seventh straight month, signaling ongoing strong demand for the precious metal from the world’s central banks China increased its gold reserves for a seventh straight month, signaling ongoing strong demand for the precious metal from the world’s central banks. China raised its gold …